Best Ways to Buy
This guide will teach you how to buy bitcoins.
Lucky for you:
It's easy to find where to buy bitcoins online because there are so many options.
If you want to learn the best way to buy bitcoins, keep reading!
Welcome to Buy Bitcoin Worldwide! I'm Jordan Tuwiner, the founder of this site.
We understand that buying bitcoins can be extremely confusing and frustrating. Luckily for you, this site has ample information to help make buying bitcoins easier for you.
Introduction to Buying
Want to learn how to purchase bitcoin or get bitcoins?
You’re in the right place!
The short answer is:
- Xueyuanfeng Striking Cobalt bluee Lace Formal Dress Small 2 4 Homecoming
- Zara Women Floral Printed Midi Dress Size M NWT
- Anthropologie Elevenses Women's Navy And White Spaghetti Strap Jumpsuit Size 10
- Cache soft denim jeans EMBELLISHED size 4 reg. 228
- Eileen Fisher SZ (32 Waist) Ribbed Zip-front Stretch Pants 224
- Gianni Versace Classic V2 Diagonal Zip Skirt Womens Size 46 Purple Made in
- JETS Jessika Allen Australia Kaftan Cover Up Ivory Dress Sz 6 Retail 150.95
- Lot 3 Womens Medium M Embellished Crop Pants D & Co. Jordan New Direction
- Neon Watercolor Swirls Sport Leggings Full Length
- NWT 368 Alice + Olivia Morina Lattice dress A-Line Lemon Yellow Skirt Size 4
- ORCIANI cintura alta Cinture autunno inverno black
- Robert Rodriguez Size 0 Skirts
- Rpm Women's Dungie Dress Cotton Spandex bluee
- SERGE de blue Jeans 779755 bluee
- The Row Flat Front Midnight bluee Cropped Trouser Pants Stretch Wool Sz 10 EUC
- Vineyard Vines Size 6 Plaid Wool Blend Mini Skirt Bow Front EXC
- 3 Tosca Reno Activewear Skirt, Long Pants, Crop Pants SZ M NWT
- BNWT Warehouse Paisley Print Cami Dress 18
- Free People Burgundy Lace Short Sleeve Dress Size 6
- Lilly Pulitzer Women's White Short Sleeve Crochet Knit Midi Dress Size Small
- NEW REI Co-op Merino Wool Mid-weight Half-Zip Base Layer Top - Women's NWT
- Purple Print Peasant Dress –
- Vestido La Fée Maraboutée black à - 70%
- Women's Marmot Maya Tight Sea Scape 58070 Brand New With Tag
- Ag Adriano goldshmied Aged Denim Legging Super Skinny Jeans Raw Fringe Hem 26
- COMPTOIR DES COTONNIERS Jeans 274683 bluee 36
- FREE PEOPLE HIGH RISE RELEASE HEM CROP BOOTCUT JEANS BOHO HIPPIE SIZE 27 NWT
- LA PERLA bluesh Pink Glimmer Bra 084 36B MSRP 550
- New Knitwear Rabbit Cotton Warm Solid color Sleepwear Long Sleeve Pajamas Set
- Womans prom pageant evening Jovani gown dress size 4-6
- 6 Shore Road by Pooja Size S (4 to 6) Seabrook 1 Piece Maillot Swimsuit NWT 168
- BCBGMAXAZRIA Brown Wool Blend Dress Pants Size 4
- Cult of Individuality Women Bohemi Boot Cut Stretch Dark Indigo Jean Sz 25 28
- PICARDÍAS DRAWPEX black LENCERIA women CALIDAD DE ESPAÑA
- Triumph Amourette 300 N pink - hell Kombination (M019) 32c
- Emily b originals One piece swimsuit size L
- Green label relaxing Skirts 360580 bluee 38
- Joseph Grey purplec Suede Mini Skirt
- LulaRoe Lucy Vintage Elegant Collection Medium gold Diamonds Lined BNWT Rare
- NEW Authentic Liz Lisa Cute Hime Gyaru Lollita Princess Bow Floral Skirt
- NWT Athleta Mesh Swim Pool Beach Hoodie Hoody Coverup Womens Medium bluee
- NWT Citizens Of humanity kelly Low Rise Bootcut Jeans Sz 24
- PNS0651-NWT J. CREW Misses Cotton Mini Shorts City Fit Stretch bluee White Sz 2
- Shirley of Hollywood Wild Wild Hollywood Corset and Bra Set 25993 Retail 110.00
- TWELFTH STREET CYNTHIA VINCENT WHITE EMBROIDERED SURPLUS BELT ROMPER Sz 0
- Womens Linen Floral Printed Wide Leg Drop Credch Loose Cropped Harem Pants Retro
- Athena Women's Dentelle Emotion Bodysuit
- Delicate Darling Short Sleeve Lace Dress XS
- J. McLAUGHLIN S Catalina Cloth MIA Sheath Dress S Elegant Gently Gathered
- Kardashian Kollection Embellished LS Body-Con Dress
- NEW EXPRESS 80 RED ZIP FRONT WRAP DRESS SZ XS EXTRA SMALL
- Plus Size Off Shoulder Ruffle Mermaid Maxi Dress Gown Hourglass Bodycon
- TRIUMPH beauty-full RETORCIDO CON AHUMADO purple (4059) 30f
- Women’s LuLaRoe Amelia Dress Plants & Floral Size Large (CON18)
- Avanua Sexy red y black Karmina Bustier Corsé Corsé con Tanga
- DL1961 Premium Denim Women's Dark Wash Milano Boot Jeans Size 30 Super Stretch
- HONEY BIRDETTE ABBIE BRA SIZE 12B & THONG L BNWT
- Lise Charmel Arty Flower Swarovski Plunge Push Up Bra
- NWT 64 In Bloom by Jonquil Sexy Pink Lace Babydoll Nightgown ThongPanty 2pc Set
- Wholesale Lot 6 Lace Fishnet Pantyhos Long Line Hot Sexy Tights Thigh High New
- 3 4 Pregnancy and Postpartum Leggings
- Bar III Printed Wide-Leg Pants golden Spruce XXS MSRP 69.50
- COSTUME women PITONATO BIKINI SEXY FASCIA FRANGE HOT FASHION SPIAGGIA UY 13804
- Fantasie Talamanca FS6413 con con Aro Gathered Top Bikini Multi ( Mui ) 32 D Cs
- Hobbs pure linen wide leg trousers size 12
- Kpop Harajuku 2018 Autumn New Knitted Stripes Mini Skirt Elastic Waist Vintage
- Maillot de bain une pièce à coque souple sans armature Femme Naturana 73126
- NWT Celebrity Pink Women Plus 22 x 28 Distressed Stretch Straight Cut Jean 54
- RVCA Junior's Mirage Romper - Choose SZ color
- Mikoh Swimwear Molokini Bikini Top Lehua
- New York Designer- Ohne Titel Pencil Skirt
- NWT Swim Solutions Swimsuit Bikini One 1 pc White Multi Hook Sz 18
- R1896 DOMME ILLICIT LATEX RUBBER SKIRT BLK RED 10 UK RRP .13
- Spell & The Gypsy Collective Peyote Gown Maxi Dress BNWOT S Rare HTF Unicorn
- Victoria Secret Pink FASHION SHOW EXCLUSIVE Skinny Jogger XS SOLD OUT
- YOU GET 2 Carol Wior Halter SLIMSUIT 14 FUCHSIA PINK ROYAL blueE MIRACLESUIT
- Zone Womens Stretch Leather Legging, Xxl, Red
- Bebe Sexy Mis crochet Drs Not bluee L New W tags Dress Middle Crochet Expose Skin
- Excellent Beauty Negligeé plus String black Tüll Spitze Gr. S M oder L XL NEU
- L'Agent by Agent Provocateur Women's Decorated Suspender Ivory RRP BCF89
- Vintage Slinky Donne Abiti 2017 Autunno Nuovo Vintage Cotone Vestito Plaid
- NEW Athleta LP L Petite Buttery Soft POWERVITA Elation 7 8 Yoga Tights Pants
- Phulkari Suit Readymade with Patiala Salwar, Phulkari Dupatta Yellow & orange
- Torrid Size 2 Lace Gauze Hi Low MaxiDress White
- Women new Lilly Pulitzer topanga sz L wavey knit lace bluee lined dress
- Armani Womens Moto Super Skinny Fit Jeans 0204 28x29
- DIESEL STENX MEDIUM RISE FLARE JEANS 26 X 32 NICE LOOKING JEANS
- HANRO Women's Jana Soft Cup Bra,
- LINGERIE SOUTIEN GORGE 110H ELOMI etta nude armatures
- NWOT LAUREN Ralph Lauren Pink White Plaid Polyester Fleece Houndstooth Robe Sz L
- NWT BIG STAR Remy Bootcut Jeans sz 28 L. 118 Retail New Dark Wash Whiskered
- RRP 165 NEW DIESEL WOMEN'S JEANS STRAITZEE-R RV418 REGULAR SLIM STRAIGHT
- 12085-41449 Jeans Slim women Andrew Charles Denim CLAIRE Denim Waist 29 - Lenght
- Authentic HERMES Vintage Stripe Logos Long Pants Green White Cotton Y03663
- Coldwater Creek Print Crinkle Flare Skirt M 10 12 NWT
- EXPRESS bluee Denim High Rise Cropped Skinny Legging Jeans Size 18 Inseam 28 NWT
- Haut maillot de bain 90GG nouvel étiquette = 90J FREYA remix plongeant
- Katharine Hamnett Denim Cotton Pale Lavender A Line Mini Skirt Sz 30
- M&S Per Una Maxi Skirt Wool Silk Blend Brown Tweed Victorian Steampunk Size 12L
- Majorelle Womens Eaton Silk Pant, S
- NEW LILYSILK 22Momme Rosy Pink Silk Wrap Skirts for Women Free Shipping 100 Silk
- NWT JCREW Tiered midi skirt in cotton poplin Sz8 H7766 SP”18
- PINK SATIN WHITE LACE LONGLINE CORSET-STEEL BONED-HANDMADE-WEDDING PROM-HERESY
- Sexy Woman VI-H602 falda para women - color black ES
- Trina Turk NWOT Women's Size 0 Oceanside Pleated Pink Sleeveless Jumpsuit 348
For the long answer, read this Bitcoin buying guide and by the end you’ll understand these key points:
How and where to buy bitcoin
How to choose the right exchange
How to secure your coins after you buy
How to avoid scams
Below, we listed exchanges you can use to purchase BTC. We suggest our listed exchanges and doing your own research before making your final decision.
Certain exchanges are simply there to steal your personal information or rob you of your bitcoins.
We conduct intensive research on every exchange we list to filter out any and all dishonest exchanges.
Choosing an Exchange: Which is the Best Bitcoin Exchange?
To select the perfect exchange for your needs, consider these 7 factors.
1. Privacy: Keep Your Information Safe!
Want to buy BTC privately?
You can already cross off a number of payment methods:
- Bank transfer
- Credit card
- Debit card
- Any other method that requires personally or identifying information
Aloha Hawaiian Fashions Women's 2 Pc Button Up Shirt & Capri Pants Sz L is the most private way to purchase bitcoins.
We also have a detailed guide which reveals your Alphacool GPU RAM Copper Heatsinks 10x10mm - 10pcs.
2. Limits: Are You Buying a Lot of Coins?
If you need to buy a large amount of bitcoins--say 25 or more--then big brokers or major exchanges are the way to go.
Coinbase has high limits for buying with a bank account.
Alternative Apparel Unisex Suit Uni Jumpsuit has the highest limits for buying with a credit card.
Most cash exchanges have no buying limits. Limits, however, will vary between individual sellers and are usually lower than online exchanges.
3. Speed: When Do You Need Access to your Bitcoins?
How quickly do you need to convert regular money into bitcoins? Different payment methods deliver your coins at different speeds.
Your first Bitcoin purchase may be time consuming. Once you get everything setup all subsequent purchases will be much faster!
Bitcoin ATMs can be the fastest way to purchase bitcoin if you’re lucky enough to have one in your area. Here's a map to help you out.
Some brokers offer instant buys with bank transfer, credit card, or debit card.
4. Exchange Rate
There is no official Bitcoin price. Use ALTUZARRA White Cotton Midi Skirt, US 6 or CoinDesk to see the average price of Bitcoin across all major international Bitcoin exchanges and compare that to the price on your chosen exchange.
5. Reputation: Don't Get Scammed!
How long has the exchange been in service? Is the exchange trustworthy? Our Bitcoin exchange reviews can help you to find a trusted exchange.
6. Fees: Are You Getting a Good Deal?
How much does the exchange charge for its services? The fee will vary greatly based on the payment method you choose to use.
Remember to include deposit and withdrawal fees as well as trading fees. Some exchanges will lower their fees if you trade a lot of bitcoins.
7. Payment Method
How can you pay for the bitcoins? Payment method may be the most important factor.
We're sure you already have a payment method in mind that you'd prefer to use. More on that below.
Get a Wallet!
Some exchanges require a Bitcoin wallet before you can buy.
If you don't have a wallet yet, ALYX ZIP DETAIL SKINNY JEANS W26 and then come back.
We'll wait for you here ;)
Know your Payment Method?AM259 LUISA purple 14-D 44-F 10-US skirt bluee polyester women
We can both agree that this Bitcoin stuff is confusing. Stick with us!
We're about to have you on your way to choosing a payment method and buying bitcoins.
Where to Buy Bitcoin?
- Purchase bitcoins online with a credit card, debit card, or bank transfer.
- Acquire bitcoins from a Bitcoin ATM near you.
- Buy bitcoins with cash locally or via cash deposit.
- Convert PayPal to Bitcoin online.
The above was just a brief overview of where you can buy bitcoin. Now, let's get into the details.
In order to buy bitcoins, you’ll need to exchange your local currency, like Dollars or Euros, for bitcoin. Here’s an overview of the 4 most common payment methods:
1. Credit or Debit Card
Credit/debit cards are the most common way to pay online. So, it's really no surprise that many people want to buy bitcoins this way.
Why buy bitcoin with a credit/debit card?
- Credit cards are a payment method most people are familiar with; probably the easiest way to buy bitcoins online
- Delivery of bitcoins is instant once initial verification is complete
Why NOT buy bitcoin with a credit/debit card?
- High fees; if you're patient and not in a rush to buy then use a bank transfer for lower fees
- Not a private way to buy; your ID will be required to buy with a credit card
A few places to buy bitcoins online with a credit card are:
- Coinbase - USA, Canada, Singapore, and Europe
- Coinmama - Global
- AM76 ROCCOBAROCCO 42-I 36-DE 28-FR 28-US hosen grey baumwolle damen - Global
- BitPanda - Europe
You can also check out our complete guide on how to buy bitcoins with credit card or debit card.
Bank Account or Bank Transfer
Bank transfer is one of best ways to buy bitcoins in most countries.
Why buy bitcoins with bank account/transfer?
- Good way to buy large amounts of bitcoins
- Using a bank transfer will usually result in the lowest fees, so you can get a great price on your purchase
Why not to buy bitcoins with bank account/transfer?
- Usually requires ID verification, so not a good choice for privacy
- Slow; in the USA, bank transfers can take up to 5 days to complete
Some of the best ways to buy bitcoins with your bank account:
- Amanda & Chelsea pink Printed Contemporary Fit Slim Leg Pant Sz 8 110 - USA, Canada, Singapore, and Europe
- BitPanda - Europe
- Amanda Smith Suits Womens Skirt Size 20 Red Knee Length Career Pencil Lined NWT - US & Canada
You can also check out our complete Amanda Uprichard Printed Silk Shorts White Sunset Print Size Medium EUC 169.
Cash deposit is often the fastest and most private ways to buy bitcoin. You can usually receive your bitcoins within a couple hours.
What are cash exchanges good for?
- Can be more private since in some cases no personal information is required
- Can be nearly instant; no need to wait 5 days for a bank transfer to process
What are cash exchanges bad for?
- Privacy comes at a cost; cash exchanges often have price 5-15% above market rate
- Easier to get scammed or robbed; need to be on alert and follow the exchange's rules
Some of the best places to buy bitcoin instantly with cash:
- Amanda+chelsea skirt leopard print, size 2 - Global
- Amazing Cheer Leader Silk Crepe Lanvin Paris Pleated Skirt, Designer New - USA
- AMAZING NEW RIVER ISLAND LADIES WOMENS MIDI SKIRT SIZE 10( ) - United States, Canada, Germany + 5 more
You can also check out our complete guide on how to buy bitcoins with cash or cash deposit.
Note: There is no easy way to buy bitcoin at Walmart. We get asked this A LOT!
There are Bitcoin ATMs all around the world that let you purchase bitcoin with cash.
You simply insert cash into the machine, and get bitcoins sent to your wallet.
Use Coin ATM Radar to find a Bitcoin ATM near you.
What are Bitcoin ATMs good for?
- Can be more private since in most cases no personal information is required
- If you have an ATM in your area it can be a convenient and fast way to buy coins
What are Bitcoin ATMs bad for?
- Privacy comes at a cost; Bitcoin ATMs often have a 5-15% premium above market rate
There is no way to directly buy bitcoins with PayPal. Under PayPal’s terms and conditions merchants are not allowed to sell bitcoins for PayPal.
I really recommend not buying bitcoins with PayPal. The fees are really high. Chances are that your PayPal is connected to your credit card or bank account, which can be used to buy at much lower fees.
However, there are a few hacks to get around this. You can buy other digital items with PayPal and sell those items for bitcoin. It's all explained in our guide on how to buy bitcoins with PayPal.
Why buy bitcoins with PayPal?
- If you already have a balance, it can be an easy and fast way to convert PayPal to bitcoins
Cons of buying bitcoins with PayPal
- Fees are over 12%; much better to just buy with a credit card or bank account
Punto Women's Cuffed Khaki Cropped Straight Leg Capri Pants Size 6 Akris wtqrmt6505-Pants
Frequently Asked Questions
If you're still a bit confused, that's okay. Buying bitcoins is hard, but that's why I built this site, to make it easier!
If you still need help, I hope this FAQ will help to answer any remaining questions.
When is the Right Time to Buy?
As with any market, nothing is for sure. Bitcoin is traded 24/7 and its price changes every second.
Use tools like Bitcoin Wisdom or Ambiance Navy bluee Boho Chantilly Crochet Sleeve Off Shoulder Linen Romper 2XL to analyze charts from other Bitcoin trading sites. These charts will help you understand Bitcoin’s price history across the many global Bitcoin exchanges.
Why Does Buying Bitcoin Take So Long?
Long wait times are usually a problem with existing payment systems, not with Bitcoin itself.
Bitcoin transactions only take about 10 minutes to confirm. Bank transfers in the U.S., for example, can take up to five days to complete.
Bitcoin transactions can be confirmed as quickly as 10 minutes; it’s rare to experience a delay longer than one hour.
This means that a merchant can’t release bitcoins to a customer until five days have passed unless they're willing to take on risk.
Can You Sell Bitcoins?
Yes, of course! Most exchanges that let you buy bitcoins also let you sell (for a fee of course).
Why Do I Need to Upload my ID for Some Exchanges?
This is due to AMERI Jumpsuits & Rompers 275723 blueeｘMulticolor (KYC) laws which require exchanges to record the real world identity of their clients.
Can Anyone Buy Bitcoin?
Bitcoin requires no permission to use or buy.
You will have to check the legality of Bitcoin in your country. In American Apparel Disco Pants Royal bluee XS!
Should I Buy Physical Bitcoins?
Physical bitcoins are physical, metal coins with a Bitcoin private key embedded inside.
We recommend that you stay away from physical bitcoins unless you’re a numismatist.
While physical coins sound like a good idea, they force you to trust the honesty of the creator of the coin. The creator could create two copies of the private key.
Unless you immediately open and withdraw the digital bitcoins from your physical bitcoin, the creator could at any time steal the funds it contains.
Can I Buy Partial Bitcoins?
Yes, of course!
Each bitcoin is divisible to the 8th decimal place, meaning each bitcoin can be split into 100,000,000 pieces. Each unit of bitcoin, or 0.00000001 bitcoin, is called a satoshi.
Most exchanges let you buy as little as $5 worth of bitcoins at a time.
Why Should I Buy Bitcoin Instead of Mining?
A long time ago anyone could mine bitcoins on their computer at home. Today, only specialized computer hardware is powerful enough to do this.
Think about it like this:
Should you buy gold or mine gold? Well, to mine gold you need big powerful machines, a lot of time, and money to buy the machinery. This is why most people just purchase gold online or from a broker.
So Bitcoin is no different.
You should just buy some if you want coins without trying to mine.
Do I need a Bitcoin Account Before Buying?
With Bitcoin, there are not really accounts.
Instead, you should have a Bitcoin wallet. If you want to store bitcoins, then a wallet is where you keep them.
In Bitcoin these wallets are not called an account but a wallet functions almost the same way. The only difference is you are responsible for the security if your wallet rather than placing the security in the hands of a bank or trust.
How do I check if I received a Bitcoin payment?
You can check in a American Apparel White Tennis Skirt.
Why Would Someone Even Want to Buy Bitcoins?
There are many reasons people want to own bitcoins.
Many people like to purchase some and put them to the side in the hopes that they will be worth more in the future.
Many people are using bitcoins to remit money to their families from out of the country. Right now, Bitcoin is one of the cheapest ways to do this.
People also use Bitcoin to buy stuff online. Big companies like Microsoft, Dell, Newegg and Overstock all accept bitcoins.
Bitcoin is also very unique compared to other markets in that it trades 24 hours a day and never stops. Most stock markets only open on weekdays from 9 AM to 5 PM. So many traders buy and sell bitcoins because it is a fun and fast market to trade.
Can I Buy Bitcoin Stock?
Bitcoin itself is not a stock despite it functioning somewhat like one. You can’t buy bitcoins through a traditional stock fund and instead have to buy bitcoins yourself. This may change in the future if a Bitcoin ETF ever gets approved.
What Happens When you Purchase Bitcoins?
Bitcoins are actually just secret digital codes. When you buy bitcoins, the seller is using a wallet to transfer the ownership of the coins to you. Once your purchase is complete, the codes are now owned by you and not the seller.
Why Are the Chinese Buying So Much BTC?
It seems the Chinese really like Bitcoin’s properties such as its sound monetary policy and that it can be used anywhere in the world. AMERICAN EAGLE Hi Rise Jegging 14 Long Corduroy Dark Maroon Super Stretch X4 NWT also makes it interesting for speculative traders.
Is Bitcoin Legal?
American Eagle shorts size 12 in nearly every country. Only a few countries have actually banned the use of bitcoins. Before you buy, make sure you double-check the legal status of Bitcoin in your country.
Why do I need to buy bitcoins before buying most altcoins?
Bitcoin functions as the "reserve" currency of cryptocurrency. So it is very hard to buy other coins without first buying bitcoins. Once you purchase the bitcoins you can convert the bitcoins into other cryptocoins. This is mostly because Bitcoin has very good liquidity and is traded on every ZARA KLEID MINIKLEID VOLANT ASYMMETRIC DRESS GATHERED RUFFLES SIZE S M L. So most coins are traded against Bitcoin rather than the US dollar or other Zara Leopard Print Dress Animal Tan Belted Maxi Long XL 8026 910.
Am I Anonymous when I Buy?
Bitcoin is not anonymous but rather pseudonymous. All Bitcoin transactions are public but it is not always known the real identity behind any give Bitcoin address.
Can I use Multiple Exchanges?
If the limits on one exchange are to low you can simply open an account with another exchange to give yourself the ability to buy more.
You can signup, join, and use as many Bitcoin exchanges as you want that are available in your country.
Do I need to Pay Taxes on Bitcoin?
In most countries you will need to pay some kind of tax if you buy bitcoins, sell them, and make a gain. ZARA LINEN MINI SHIRT DRESS PUFFY SLEEVES LEINEN MINIKLEID KLEID BALLONÄRMELN you must do this on every transaction.
Be sure to check with your country’s tax authorities to make sure you are paying all the required taxes on your bitcoin use.
What Other Ways can I Get Bitcoins Besides Buying?
Just like any other form of money, you can get bitcoins by requesting from your employer to be paid in bitcoins.
What Is the Supply of Bitcoins?
The supply of Bitcoin is fixed. There can never be more than 21 million -- and there are ZARA LONG STRIPED SHIRT DRESS SIZE LARGE. Every 4 years, the ZARA METALLIC THREAD PLEATED TUNIC DRESS REF. 2878 314 M BLOGGERS FAVORITE happens where the new supply rate is cut in half.
What's up with the Bitcoin price?
This is the question everyone is asking. No one knows!
It's now been 400+ days since Bitcoin hit an all-time high. The previous high was over 1,000 days.
The good thing is, developers are hard at work to make Bitcoin the best money the world has ever seen.
Avoiding Bitcoin Scams: Don't Lose Money!
I've been using Bitcoin for 3+ years. I've never fallen victim to a single scam. Follow the tips explained here and you'll greatly reduce your chances of losing money.
There are many scams related to Bitcoin. Scammers target new Bitcoiners and less tech-savvy users. Follow these basic rules in order to avoid Bitcoin scams:
Study your intended exchange and make sure it’s trustworthy. Search forums like Reddit for the experiences of other users.
You can also use Zara Mulberry Silk Dress As Worn By Eleanor Calder Size M about certain exchanges. If you don’t find your intended exchange listed on this site, extra caution and research is advised as it may be a scam!
If you’re using a peer-to-peer exchange like LocalBitcoins or Wall of Coins, check the seller’s feedback. If most of their feedback is positive, your trade is more likely to go through without issues. If a seller has lots of negative feedback, it’s best to simply stay away and find a more reliable seller.
Many scammers will try an approach like this:
“Send me bitcoins, and once I get the bitcoins I’ll pay you on PayPal!”
Don’t ever agree to a trade like this. Bitcoin payments are irreversible, so if you send first the scammer can simply not pay you and keep their bitcoins.
PayPal can't force the scammer to pay either, due to the pseudonymous nature of Bitcoin which doesn’t record the identity of a payment’s sender or recipient. This would leave you with no way to get your bitcoins back.
Stay Away from Bitcoin investments
Any service that claims to pay interest on bitcoins or increase your bitcoins is likely extremely risky or an outright scam. If it sounds too good to be true, stay away.
Be Careful with Altcoins
What are altcoins? Altcoins are cryptocurrencies other than Bitcoin.
Altcoins are traded globally on hundreds of exchanges. Avoid throwing money into coins which are experiencing a sudden and dramatic spike in price and volume. Such moves, especially in insignificant coins with otherwise thin volume and flat price action, are likely to crash fast.
Secure your Coins
Don't store coins on Bitcoin exchanges! Bitcoin users have lost over $1 billion worth of bitcoins in exchange hacks and scams.
Your bitcoins are only safe if you store them in a wallet that is controlled by YOU!
Here are two examples where users got screwed by leaving bitcoins with a third party:
- ZARA NEW AW 2017. EMBELLISHED DRESS WITH CONTRASTING BOW. REF 8156 837
- Mt Gox where users lost $450 million or more
So, do yourself a favor:
Get yourself a Bitcoin wallet and control your own coins. For large amounts of bitcoins, we recommend cryptocurrency & Bitcoin hardware wallets. Hardware wallets are small, offline devices that store your bitcoins offline and out of reach from hackers and malware.
Why? It's pretty simple:
- Hardware wallets are the easiest way to securely store bitcoins and easy to backup
- Less margin for error; setup is easy even for less technical users
Check out the Bitcoin hardware wallet comparison chart below:
Bitcoin Exchanges by Country
Here we've posted a bitcoin exchange list for some of the most popular countries.
You can always use our find exchange tool at the top to find exchanges in any country.
Bitcoin Exchange UK
For buying bitcoins in the UK we recommend ZARA RED FRILL RUFFLE OFF SHOULDERS JUMPSUIT 2784 840 BLOGGERS S SMALL. It works like LocalBitcoins, but unlike LocalBitcoins it's not an international Bitcoin exchange. It just offers service in the UK.
Buy Bitcoins in Saudi Arabia
Zara Satin Polka Dotted Button Down Shirt Dress Size M Navy Blogger recently expanded to customers in Saudi Arabia and is probably the country's most reliable Bitcoin exchange.
Buy Bitcoins in Poland
Like France, there are more than 35 Bitcoin exchanges available to use in Poland since Bitcoin is quite popular in Europe. You can use our tool at the top to find one that works for you.
Buy Bitcoins in Nepal
LocalBitcoins is probably the best and easiest way to purchase bitcoins in Nepal.