Buying Bitcoins can be done online or you can meet a person who sells it and proceed with the transaction face to face. However, doing it online is more convenient and easy.
Do you want to join the Bitcoin bandwagon? Are you wondering how to get started and where to buy Bitcoins online? If you do, then I can probably help you.
I have seen how cryptocurrency continues to grow and I have profited from it too. I must say, Bitcoins are overwhelming and yes, it’s real money. So, if you want to purchase Bitcoins, I’ll give you a list of where to get it. So, let’s get started!
Where to Buy BTC Cash
If you are considering in joining cryptocurrency and is planning to buy a Bitcoin, then you are just on the right page. Here is the list of the best websites where you can conveniently buy Bitcoins online.
| Exchange | Prices | Fees | ID Requires | Countries |
|---|---|---|---|---|
| LocalBitcoins | Visit Site | 1% | Sometimes | Global |
| BitQuick | Visit Site | 2% | Yes | USA |
| Wall of Coins | Visit Site | ~1% | No | 12 Countries Only |
| LibertyX | Visit Site | 1.5-8% | Yes | USA |
| BuyCoinNow | Visit Site | $3 | Yes | Global |
#1 LocalBitcoins.com
People from different countries can visit this site to exchange their local currency for Bitcoins. It also allows users to buy and sell Bitcoins. You can buy Bitcoins from the site with cash or trade it directly with online banking.
The trade process duration from creating a user account to having Bitcoins in your wallet can only take a few minutes. LocalBitcoins.com supports a wide range of world payment methods including other digital currencies, credit cards, debit cards and cash.
#2 BitQuick.co
BitQuick offers a premier service for those who want to buy Bitcoins conveniently. The process is easy and fast. In less than 3 hours, you will see your purchased Bitcoins in your wallet.
With BitQuick, you can buy Bitcoins instantly with cash deposit into a bank. They charge 2% service fee and a 0.000109675864 BTC mining fee.
The site also offers you to sell your Bitcoins conveniently and securely at your own price for cash deposited into your bank account for 0% fee making it safer than LocalBitcoins!
#3 WallofCoins.com
This website is the most trusted marketplace on Earth. It simplifies the buying and selling Bitcoin. Wall of Coins is a perfect outlet for Bitcoin traders.
This is the only marketplace that delivers your purchased Bitcoins within 15 minutes. They make the process easier for you by not requiring registration so you can get your coins instantly.
Wall of Coins stores the coins offline, so you need not worry about its safety. Your coins are stored in a discreet, secure facility with strict internal policies for safekeeping.
#4 LibertyX.com
LibertyX is another site where you can buy Bitcoins instantly. But unlike the others, it brings you thousands of local stores that sell Bitcoins, making it the largest nationwide network for buying Bitcoins.
LibertyX also makes purchasing Bitcoins even more easy and convenient for you. With three easy steps, you can complete the process.
First, use their mobile app or website to find a store near you. Second, purchase up to $1,000 Bitcoin per day. Third, you can instantly redeem it to your address.
However, the site charges a convenience fee that is deducted from your cash payment. This may vary by store. They also deduct miner fees from the Bitcoins sent. Aside from these two, there are no sales tax or additional fees.
#5 Buycoinnow.com
This site offers you a simple and transparent way to buy Bitcoins online with a bank account. You just have to choose the amount of BTC that you would like to purchase, click the “Buy Bitcoins now” and proceed with the purchase. You will receive your Bitcoins as soon as the transaction is processed and finished.
BuyCoinNow charges commission for each transaction and this is included in the payment amount. You will not pay any other fees aside from this. The site releases Bitcoins at fixed hours, so you may need to consider their schedule which is as follows: 9:10 AM, 12:10 AM, 4:10 PM and 10:10 PM Central European Time.
In addition to this, depending on the value of the transaction, they may require more accurate manual verification which may take up to 24 hours.
Now that you already know where to get your Bitcoins, it’s time to learn how to buy Bitcoin on BTC markets.
How to Buy Bitcoins Online
You can buy Bitcoins online or meet the person. Of course, the former is more convenient, but the latter is safer. Doing face to face transactions is more reliable than dealing with people you do not know.
The good thing is, there are a lot of trusted websites that are more than willing to help you purchase Bitcoins safely online and the websites we mentioned above are the best in securing your Bitcoin purchase.
Here are the different ways to purchase Bitcoins online.
How to Buy Bitcoins with Cash
If you want to purchase Bitcoins online, especially if you want to use cash, you can do so through Bitcoin Exchange. Bitcoin exchange is a digital marketplace where traders buy and sell Bitcoins using different fiat currencies or altcoins.
If you want to go this route, you have two options. Check it out below.
OPTION 1: Payment through your bank account.
#1 Choose Exchange
You will have to choose an exchange based on your country of residence and fill in the desired purchase currency from their list of approved exchanges.
#2 Setup Account
Set up an account on the exchange. Depending on the exchange, you may need to provide various forms of identification.
#3 Connect Bank
Next, you have to connect one or more bank accounts to your exchange account. Any buy or sell you make will be deducted from or deposited to the chosen bank account.
#4 Select Amount to Purchase
Once your account is ready, you can start navigating the “Buy” feature and select the amount of BTC you want to purchase. Next, enter your Bitcoin address, confirm the purchase and wait for the Bitcoin to reflect on your wallet.
OPTION 2: Buy Bitcoin with cash deposit
For those who cannot follow #3 because you don’t have a bank account to connect to your exchange account, don’t worry because there’s another way to pay your Bitcoin. There are sellers who are willing to give their bank accounts where you can make a deposit. Here’s a special instruction for you.
- Find a seller in your area who accepts cash.
- Select the amount of coins and place an order
- Contact the seller and ask for his account number. Traders do not publish the payment directly, so you have to contact them to get the account name and account number needed for the payment.
- Deposit the payment to the seller’s account number.
- Upload the receipt to prove that you already made the payment.
- Receive the Bitcoins in your wallet.
Purchasing Bitcoins via cash can be private, fast and easy.
Buy Bitcoins with Credit Card
A number of websites offer you a number of options to purchase electronic currencies. In fact, you can buy Bitcoins instantly with credit card. For instance, Bitcoin.com has partnered with Simplex to make buying Bitcoin Core with credit card easier. For this, you can follow the following steps once you’re on the site.
#1 Enter your Bitcoin address and select the desired purchase amount.
Once you’re already in the site, open your Bitcoin Wallet and copy your Bitcoin address into the “Bitcoin address” field. The Bitcoin you purchase will be sent to that address.
#2 Fill in the Billing Info
After providing the information mentioned above, click the button to continue. You will then be directed to Simplex’ checkout form. Just follow the information and input the necessary data that are related to your credit card.
After filling this, the Bitcoins you purchase will be sent to your Bitcoin Wallet address. Give it 10 minutes to an hour to see the new Bitcoins on your wallet.
Buying Bitcoins online via credit card is easy and fast. Most of the channel including Simplex is safe.
Buy Bitcoin with Credit Card No Verification
I understand that there are users who want to purchase Bitcoins using their credit card without verification. If you want to do the same, your best option is CoinMama.
The site allows you to buy Bitcoins with credit card instantly no verification for your first $150 worth of Bitcoin purchases. To do this, you can follow the following steps:
Open an account on CoinMama.- Login to your Account.
- Click “Buy Bitcoins” in the navigation bar at the top.
- Select credit/debit card as payment method
- Enter your bitcoin wallet address.
- Enter your billing information and address
- Enter your credit or debit card information.
- Verify your phone number and email.
- Upload ID Verification. For this, you need to take a selfie while holding your credit card towards the camera while showing your name, its expiration date and the first four and last four numbers on the card. However, most people don’t need to upload a selfie. So, you can skip this if CoinMama does not require it.
- Wait for verification.
- Confirmation email. If your credit card payment went through, you will receive an email confirmation.
How to buy Bitcoins with PayPal
PayPal is a popular worldwide payment system. If your funds are in your PayPal account, no worries because you can also use it to buy Bitcoins online.
VirWox is among the sites that allow you to buy Bitcoin through PayPal. If you want to convert PayPal to Bitcoin then here are the steps that you need to follow once you’re already in VirWox.
- Register a free account on Virwox.com.
- Add funds to your Virwox account using your PayPal account.
- Buy SLL on the SLL/USD exchange.
- But Bitcoins with your newly purchased SLL on the SLL/BTC exchange.
- Withdraw your Bitcoins.
How to Buy Bitcoins Anonymously?
If you want to buy Bitcoins anonymously, the easiest way to do it is to buy Bitcoin with a cash deposit. For this, you can contact a seller and deposit the payment through ATM. You can search for “Bitcoin atm near me” to find one near your place. If there is no ATM near you, you can also do the deposit by visiting a bank.
For those who are wondering how to buy Bitcoins anonymously with credit card, your only option is to use a “prepaid” credit card. You can get this at any supermarket or convenience store. You can use this card to buy Bitcoins without the need to supply any form of identification at places like Coinmama or Virwox.
Conclusion
If you are planning to buy Bitcoins you won’t have a hard time because the BTC websites mentioned above accept different mode of payment. You can buy this cryptocurrency using cash, credit cards or PayPal.
If you want to learn more about Bitcoins, feel free to check our home page.
References:
- weusecoins.com/en/how-buy-Bitcoins-online-best-Bitcoin-exchange-rate-Bitcoin-price/
- bitpremier.com/buy-Bitcoins
- coindesk.com/information/how-can-i-buy-Bitcoins
- jouple.com/where-to-buy-Bitcoin
- Bitcoin.com/guides/how-to-buy-Bitcoin-online
