We have researched and tested the best options to buy Bitcoins and other cryptocurrencies in 2018. Today, it has become easy to buy Bitcoin and Cryptocurrency instantly, using a credit card or a bank account. It will take you less than 30 minutes to open an account and get your first Bitcoins.
To buy Bitcoin or any other Cryptocurrency you will need to upload a picture of your passport or drivers licence. Most exchanges will require this, because they have to follow strict financial regulations. Some exchanges will also require proof of address. A utility bill or bank statement will do. Signing up is free, and you don’t need a credit card!
For any questions you might have, please don’t hesitate to contact us here.
No, you don’t have to buy a whole Bitcoin. You can buy any amount you want. $10 $100 $1000, $10000 whatever you like. This is also true of all Cryptocurrencies. Some exchanges have a minimum purchase value but it is rarely more than $100. Registering with an exchange doesn’t require making a purchase either so get started and buy when you’re comfortable.
Bitcoin is still the main coin to enter this market with. Once you own it you can buy other Cryptocurrencies with it. You can, however, purchase some of the other main coins like Ethereum directly from exchanges like CEX.io If you want access to the hundreds of other coins you can move the main coins to an exchange like Binance and trade there.
Bitcoin and Cryptocurrency are kept in wallets. There are paper, software and hardware options. Read our articles on wallets if you’re new to this. Many people keep their coins on the exchange where they purchase them. If your not trading, experts will advise strongly to store your coins in a hardware wallet. Click here to learn about hardware options or click one of the Wallets to the right, to buy a wallet.
Absolutely. This is a question we get asked all the time from people looking to buy for the first time. You can often exchange your cryptocurrencies back to FIAT at the same place where you bought your coins. For example, on CEX.io where your linked credit card or bank account is the receiving party when you want to sell your Bitcoin or Cryptocurrency. Click here for more info.
Yes. Fee’s are charged by exchanges, brokers and credit card companies. These fees may change over time as new offers and ways to buy cryptocurrencies will become available. We test and review new exchanges all the time. For example, Coinbase fees are 1.49% and 3.99% on Credit/Debit Cards. Btw. Coinbase also offers US$10 on your first trade of US$100!!