How And Where To Buying Bitcoin

How And Where To Buying Bitcoin
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You can buy bitcoin on websites that are true and trusted so you don't get fooled.

Here is a list of websites to buy bitcoin :

1. Coinbase

Founded in 2012, Coinbase is probably the most popular place to buy Bitcoin. This Bitcoin exchange based in San Francisco also has an incredible Bitcoin wallet for its customers. Statistics speak for themselves: They have served more than 10 million customers, supported 32 countries and they have traded $ 50 + billion in Bitcoin exchanges. At Coinbase you can buy Bitcoin with a credit card. All you need to do is register, connect your bank account, debit or credit card, and you are ready to go. Coinbase also has applications for Android and iPhone aside from their regular browser platform. In terms of security, most of the Bitcoin they have is stored offline. Coinbase also has insurance for coins stored on their servers.


2. spectrocoin

SpectorCoin aims to make buying Bitcoin as easy as possible while ensureing solid security. You can buy Bitcoin with USD, EUR, GBP, AUD, and more. SpectorCoin also provides a Bitcoin wallet on signup so you do not have to transfer your new Bitcoin anywhere else. To buy with SpectorCoin you must first open an account, then goto the “Add New Card” section of your account. After adding your card click “Link”. SpecorCoin will charge a small fee to your card’s statement. This amount is the code – and once you enter it at SpectorCoin your will be verified.


3. Coinmama

Coinmama is all about the ease of buying Bitcoins. Simply upload a picture of your ID or driver’s license along with a selfie containing the ID and a piece of paper bearing the text “Coinmama” and today’s date. Once verified you’re ready to buy and sell Bitcoins. Once you’re all registered, you select the payment method – which includes several major credit cards and cash services such as Western Union, and after confirming all the transactions you will instantly be credited with your new Bitcoins. It’s that simple.


4. Changelly

Changelly offers an intuitive user interface, good exchange rates, and secure transactions. Through Changelly you can buy Bitcoin and other cryptocurrencies with a Visa or Mastercard. Their verification process for buy Bitcoin is a little more complex than others. During the payment process you will be asked to provide a telephone number associated with your credit card. You will then recieve a call on this number which will tell you a 4-digit code. Enter this code to Changelly. Changelly will then leave another code on a pending payment on your bank statement. So log into you digital banking account and find the three digit code. Enter this on Changelly, and you are done.


5. Local Botcoin

Although more than 90% of their trade happens online, Local Bitcoins offers a solution for those of you looking for an old fashioned brick and mortar buying and selling experience. Local Bitcoins allows you to find people near you who are looking to sell some coins, or buy them from you. You simply log in, input how many Bitcoins you’re looking to buy and put in your city and payment method and you’re good to go. The site then provides a list of sellers near you that meet your criteria. You can either meet with them in person or complete the transaction in a different manner. The genius of the platform is the fact that it connects the seller and the buyer, in a safe manner with a rating system that allows people to establish their reputation and surpass some of the scary unknowns.


The mechanism to make the exchange safe works as follows: Once the transfer process starts between you and the seller, the Bitcoins in question are put into escrow. After you have completed the transaction from the buyer side, the seller then frees up the Bitcoins in escrow and they will be transferred to your account. It’s as simple as that.

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