Bitcoin.com

How to Buy Bitcoin - Your Complete Guide to Getting Started

Buying Bitcoin has never been easier. Whether you're looking to invest for the long term, make online purchases, or explore the world of cryptocurrency, this comprehensive guide will walk you through every step of purchasing your first Bitcoin. From choosing the right platform to securing your investment, we've got you covered.

With Bitcoin's growing adoption and increasing mainstream acceptance, now is an excellent time to learn how to safely and confidently enter the cryptocurrency market. Our guide breaks down the process into simple, actionable steps that anyone can follow, regardless of technical expertise.

Logo of Coinbase
Sign up and get up to $200 in crypto (use code get50 to get $50 BTC)
Supported cryptocurrencies

240+

Year launched

2012

Logo of Bitget
Sign up now to claim a welcome pack of 6,200 USDT!
Supported cryptocurrencies

550+

Year launched

2018

Logo of PrimeXBT
Boost your deposit by 20%, up to $7,000! (Tradable Bonus)
Supported cryptocurrencies

50+

Year launched

2018

Logo of BTCC
Sign up and get up to 10,055 USDT in welcome rewards! Use your rewards to cover trading fees, giving you a powerful boost as you start trading!
Supported cryptocurrencies

300+

Year launched

2011

Logo of Uphold
Earn rewards such as 5.25% on stablecoins, early access to new tokens and Crypto insight
Supported cryptocurrencies

300+

Year Launched

2015

Logo of Figure Markets
Earn $50 when you deposit and trade $100 (within 14 days of sign up)
Supported cryptocurrencies

BTC, ETH, USDC, HASH, SOL, UNI, LINK

Trading fees

0%

Welcome bonus

$50 when you trade $100 in 14 days

Yield opportunities

Up to 20% (Forward Vault, YLDS, REITs)

Logo of Voox
Sign up now to claim a welcome pack of 6,666 USDT!
Supported cryptocurrencies

300+

Year launched

2022

Logo of Coinflare
Get a 100% Deposit Bonus up to 5,000 USDT
Supported cryptocurrencies

60+ including BTC, ETH, USDT, BNB, XRP, and SOL

Year launched

2022

Walbi Logo
Sign up and get $100 to cover your trading fees! (Instantly credited to your account)
Supported Assets

Over 63 crypto pairs including USDT (BEP-20), USDT (TRC-20), USDT (ERC-20), USDC (ERC-20), TRX (Tron), ETH (Ethereum Mainnet), DOGE (BEP-20), BTC (Bitcoin), BNB (BEP-20).

Leverage Trading

Up to x500 leverage for advanced trading strategies

Bydfi Logo
Sign up now to get to claim a welcome pack of 8,100 USDT Crypto assets cupport 700+
Forbes Recommended

BYDFi has been recognized by Forbes as one of the top ten best cryptocurrency exchanges in 2023. This is a significant achievement for the crypto exchange, which was launched in 2020 and has rapidly become a popular destination for traders.

more than 400+ cryptocurrencies available

We currently offer more than 400 different cryptocurrencies for trading, including popular ones such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and Shiba Inu (SHIB).

Logo of Swapuz
Revolutionary non-custodial exchange with 3000+ crypto assets
Supported cryptocurrencies

3000+

Exchange model

Non-Custodial

Year launched

2020

Logo of ChangeNOW
Swap crypto instantly with no registration required - Over 1,500 assets supported!
Supported cryptocurrencies

1,500+

Blockchains supported

110+

Logo of Kraken
Sign Up and Trade to be eligible for $10 BTC Reward
Supported cryptocurrencies

200+

Year launched

2011

Bitpanda Logo
Experience real crypto trading with up to 10x leverage on Bitpanda Margin — buy and sell actual assets like Bitcoin and Ethereum with zero buy fees, flexible leverage options (2x–10x), and seamless Stablecoin entry, all available on desktop and mobile, with short selling and Fusion integration coming soon.
Multi-Asset Platform

Trade and invest in cryptocurrencies, stocks, ETFs, and commodities all in one place.

Easy-to-use

Bitpanda is an easy-to-use, retail focused broker service for buying and selling digital assets.

Payment Options

Supports payments via bank transfer, credit cards, and popular payment methods like Skrill and Neteller.

Follows EU laws

The Bitpanda Group diligently follows European laws and regulations. Owning VASP registrations, as well as MiFID II, E-Money and PSD II licences amongst all our core markets.

Bitpanda Card

Spend your assets like cash with the Bitpanda Visa card.

Logo of Gemini
Earn $75 in crypto for you and your referee when they trade $100+, plus enjoy up to 12 months of referral rewards
Supported cryptocurrencies

70+

Year launched

2014

Logo of Binance
Up to $600 in Welcome Bonuses!
Supported cryptocurrencies

600+

Year launched

2017

Logo of Rain
Enjoy a 10% rebate for the first 30 days of trading with Rain
Supported cryptocurrencies

300+

Year launched

2017

Logo of Libertex
Trade crypto and other types of CFDs with a regulated broker - 80% of retail investor accounts lose money
Demo account

EUR 50,000

Year launched

2012

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Best Ways to Buy Bitcoin in 2025

Coinbase Review

Coinbase is a leading platform in the cryptocurrency space, offering users a simple and secure way to buy, sell, and manage digital assets. Founded in 2012, Coinbase has grown to become one of the most well-established exchanges, offering a wide range of services for both beginners and experienced crypto enthusiasts. The platform is known for its user-friendly interface, making it an excellent choice for those new to cryptocurrencies. With robust security measures in place, it provides users with peace of mind while navigating the complexities of the crypto world.

One of the standout features of Coinbase is its ease of use. The platform is designed to make crypto transactions as straightforward as possible, offering seamless onboarding for new users. In addition to its web platform, Coinbase has a highly rated mobile app that offers all the functionalities needed to manage digital assets on the go. From buying and selling Bitcoin to exploring hundreds of altcoins, Coinbase provides users with access to a broad spectrum of the crypto market.

Coinbase also excels in its commitment to security. The platform uses advanced security features, including two-factor authentication (2FA) and cold storage for the majority of its assets, ensuring that user funds are well-protected. Additionally, Coinbase is one of the few exchanges that is publicly traded, further enhancing its credibility and transparency. Users can feel confident knowing that Coinbase operates under stringent regulatory guidelines, adding an extra layer of trust.

The educational resources on Coinbase are another major advantage, especially for those new to cryptocurrency. Coinbase offers a variety of learning tools that help users understand the fundamentals of cryptocurrency and blockchain technology. The platform also provides incentives for users to learn, rewarding them with crypto for completing educational modules. This feature makes Coinbase not only a trading platform but also a great resource for personal growth in the crypto space.

Overall, Coinbase has built a reputation as a secure, user-friendly, and reliable platform for cryptocurrency trading and management. With a wide range of services, including access to an expansive list of cryptocurrencies, a robust mobile app, and extensive educational resources, Coinbase is well-suited for anyone looking to dive into the world of digital assets. Its strong focus on security and compliance further cements its status as one of the top choices for crypto traders globally.

Perks
  • The most trusted place for people and businesses to buy, sell, and use crypto.
  • Buy, sell, and store hundreds of cryptocurrencies. Protect your crypto with best in class cold storage.
  • Simple and user-friendly platform for both beginners and experienced traders to buy, sell, and manage crypto assets.
  • Robust security features, including two-factor authentication and cold storage, ensuring top-level protection for user funds.
  • Access to a wide range of educational resources, helping users learn about cryptocurrencies and rewarding them with crypto for learning.
  • Supported cryptocurrencies

    240+

    Year launched

    2012

    Sign up and get up to $200 in crypto (use code get50 to get $50 BTC)

    Trade
    Bitget Review

    Bitget is a premier cryptocurrency exchange that offers users a seamless and secure trading experience. As a centralized exchange, Bitget boasts high liquidity, enabling quick and efficient trades for a wide range of digital assets. One of Bitget's standout features is its extensive cryptocurrency support. Users can trade popular coins like Bitcoin and Ethereum alongside a variety of altcoins, providing ample opportunities for portfolio diversification. This broad selection caters to both experienced traders and newcomers to the crypto market. The platform is renowned for its user-friendly interface, which simplifies the trading process. Whether managing accounts, executing trades, or exploring advanced features, users will find navigation intuitive and straightforward. This focus on usability ensures a smooth experience for all users. In addition to trading, Bitget offers various earning opportunities. The platform supports staking, allowing users to earn rewards by locking up their tokens. Bitget also features copy trading, enabling users to mirror the trades of successful investors, and futures trading for those looking to leverage their investments. Security is a top priority for Bitget, with robust measures like multi-signature wallets and advanced encryption safeguarding user assets. Additionally, 24/7 customer support is available to assist with any issues, ensuring a reliable and secure trading environment.

    Perks
  • Extensive cryptocurrency range
  • User-friendly interface
  • Staking rewards
  • Copy trading
  • Robust security measures
  • Supported cryptocurrencies

    550+

    Year launched

    2018

    Sign up now to claim a welcome pack of 6,200 USDT!

    Trade
    PrimeXBT Review

    PrimeXBT is a leading cryptocurrency exchange that offers a dynamic trading experience tailored for both beginners and experienced traders. PrimeXBT provides users with high liquidity, enabling swift and efficient trades across various digital assets.

    In addition to supporting cryptocurrencies like Bitcoin, Ethereum, and more, PrimeXBT also offers trading opportunities in traditional financial markets, including forex, commodities, and indices. PrimeXBT stands out with its advanced trading tools and leverage options, enabling users to maximize potential returns. The platform’s interface is designed to be user-friendly, with a focus on providing a smooth and intuitive experience. Whether users are executing simple trades or engaging in more complex strategies, the platform ensures that all necessary tools are easily accessible.

    Security is a major priority at PrimeXBT, featuring multiple layers of protection, including multi-signature wallets, two-factor authentication, and encrypted communications. The platform is also known for its 24/7 customer support, offering reliable assistance whenever needed.

    For those interested in additional earning opportunities, PrimeXBT offers a referral program and copy trading, which allows users to replicate the strategies of successful traders. This makes it easier for beginners to learn and profit from the expertise of seasoned investors. Combined with competitive trading fees, PrimeXBT is an attractive choice for traders looking to optimize their trading performance.

    Perks
  • Trading options across cryptocurrencies and traditional assets
  • Advanced trading tools and leverage
  • User-friendly interface
  • Robust security measures
  • 24/7 customer support
  • Copy trading
  • Supported cryptocurrencies

    50+

    Year launched

    2018

    Boost your deposit by 20%, up to $7,000! (Tradable Bonus)

    Trade
    BTCC Review

    BTCC, has solidified its reputation since its inception in 2011. Known for being one of the longest-running Bitcoin exchanges globally, BTCC attracts users with its seamless fiat-to-crypto trading services and innovative Bitcoin mining solutions. Featuring a comprehensive trading platform with an interactive chart system and various order types, BTCC ensures users-whether beginners or experienced traders-enjoy a smooth trading experience. Its mobile apps, available on Android and iOS, replicate the functionality of the web-based interface while providing added convenience for on-the-go users.

    Despite its unregulated status, BTCC continues to be a trusted platform, bolstered by its state-of-the-art security features. Cold wallet storage ensures optimal protection for user funds, mitigating risks commonly associated with online wallets. Additionally, BTCC's extensive list of supported altcoins alongside Bitcoin and Ethereum makes it appealing for traders seeking diversity. The inclusion of market, limit, OCO, and stop orders allows users to maximize their trading strategies while navigating the platform's user-friendly interface.

    BTCC’s fee structure, though layered, remains transparent and competitive. It offers a variety of deposit and withdrawal methods, including wire transfers and credit/debit cards, catering to both crypto enthusiasts and those entering the space for the first time. This aspect positions BTCC as a comprehensive platform for traders and miners alike, consolidating its status in the crypto ecosystem.

    Customer support, although limited to email and online forms, is functional enough to assist users with essential queries. The platform’s reliability and focus on security compensate for any perceived shortcomings, creating a trustworthy environment for fiat-to-crypto transactions. BTCC’s user-centric features, including optional two-factor authentication, further enhance its safety credentials. Additionally, the VIP program rewards users with bonuses as they progress up the ladder, providing added incentives for loyal traders. For those seeking collaborative strategies, the platform also supports copy trading, enabling users to follow and replicate the trades of experienced investors.

    BTCC’s longevity in the cryptocurrency market speaks to its reliability and adaptability. While it faces competition from more prominent exchanges, its focused approach on Bitcoin and fiat-crypto transactions allows it to maintain a loyal user base.

    Perks
  • One of the longest-running Bitcoin exchanges globally, trusted since 2011.
  • Offers secure cold wallet storage to protect user funds from online vulnerabilities.
  • Provides industry-low fees for Bitcoin mining pools, making mining accessible to everyone.
  • User-friendly platforms, including mobile apps and an interactive web interface, for seamless trading.
  • Supported cryptocurrencies

    300+

    Year launched

    2011

    Sign up and get up to 10,055 USDT in welcome rewards! Use your rewards to cover trading fees, giving you a powerful boost as you start trading!

    Trade
    Uphold Review

    Uphold is a leading global platform that empowers individuals to trade, exchange, and hold a diverse range of assets, including cryptocurrencies and traditional currencies. With over 10 million users in 150+ countries, Uphold offers a seamless and user-friendly experience for both beginners and experienced traders.

    Key Features and Benefits:

    - 300+ assets: Trade crypto and traditional currencies effortlessly.

    - Deep liquidity: Access to 30+ exchanges for competitive token prices and liquidity.

    - Trade Anything to Anything: Easily swap between assets.

    - Advanced Trading Tools: Take Profit, Trailing Stop, Repeat Transaction & Limit Orders.

    - Beginner-Friendly Interface: Simple UX for seamless navigation.

    - Earliest Token Support: Discover low-liquidity altcoins early.

    - Uphold Baskets: Diversify with curated selections of cryptocurrencies.

    - Uphold Card (UK only): Turn your crypto into real-world spending power.

    Uphold's commitment to user security and transparency is unmatched. Their 100%+ reserve model ensures that your assets are always fully backed, with real-time transparency publicly updated every 30 seconds.

    Uphold Vault - Assisted self-custody Uphold's Vault is a groundbreaking feature that provides users with the ultimate in security and control over their crypto. As the first integrated assisted self-custody solution on a major trading platform.

    Key benefits of the Uphold Vault:

    - Key Replacement: Recover access if you lose your private keys.

    - Direct Trading: Trade directly from your Vault, 24/7.

    - Full Accessibility: Secure access even if you lose app functionality.

    - Supported tokens: BTC, XRP, SOLO & COREUM

    - Subscription required: $4.99/month or $49.99/year

    Uphold USD Interest Account: Uphold's USD Interest Account is a great way to earn a competitive return on your USD holdings. Earn up to 4.9% APY on deposits over $1,000, or 2% on deposits under $999. With no monthly fees or minimum deposits, you can earn interest on your deposits and enjoy the peace of mind that comes with FDIC insurance up to $2.5 million. Manage your savings alongside your trading activities. Whether you're a seasoned trader or just starting your crypto journey, Uphold offers a comprehensive platform to manage your assets and explore new opportunities.

    Terms Apply. Capital at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you shouldn't expect protection if something goes wrong.

    Supported cryptocurrencies

    300+

    Year Launched

    2015

    Earn rewards such as 5.25% on stablecoins, early access to new tokens and Crypto insight

    Trade
    Figure Markets Review

    Figure Markets is a next-generation platform designed to help crypto users earn, trade, and borrow in one seamless experience. Co-founded by Mike Cagney, former CEO of SoFi and Figure Lending, Figure Markets offers a unique approach to digital asset management by combining high-yield earning products, zero-fee crypto trading, and flexible lending solutions. New users can earn a 50 dollar bonus when they deposit and trade 100 dollars within 14 days of signing up, making it one of the most attractive welcome offers in the space.

    The platform stands out for its focus on long-term value creation. With products like Forward Vault, users can earn up to 7 percent net yield on popular cryptocurrencies including bitcoin, ethereum, solana, and hash. For those seeking more stable returns, Figure also offers YLDS, an SEC-registered public security with yields up to 3.8 percent. Soon, Figure Markets will introduce tokenized real estate investment trusts with potential returns ranging from 15 to 20 percent, offering new ways for users to grow their wealth through crypto.

    Unlike traditional crypto exchanges that only focus on trading, Figure Markets is built for users who want their assets to work for them at all times. Whether holding long term or actively responding to market movements, users can easily shift between yield earning and trading strategies without needing multiple platforms. Supported cryptocurrencies include bitcoin, ethereum, USDC, hash, uniswap, solana, and chainlink, giving users access to both established and emerging assets.

    A key feature of Figure Markets is its Crypto Backed Loans product, which allows users to borrow against bitcoin and other supported tokens without selling. With competitive rates and an easy approval process, users can unlock liquidity while maintaining their long-term positions. This integrated lending and trading experience makes Figure a standout option for anyone looking to maximize flexibility and value from their crypto portfolio.

    With no trading fees, innovative financial products, and a user-friendly design, Figure Markets delivers a powerful platform for earning and borrowing in the crypto space. Whether you're a new user or an experienced investor, the 50 dollar bonus for depositing and trading 100 dollars within the first 14 days is a great reason to get started.

    Perks
  • Earn $50 bonus when you deposit and trade $100 within 14 days
  • Fee-free trading for all supported cryptocurrencies
  • Earn up to 7% yield through Forward Vault
  • SEC-registered YLDS product with up to 3.8% yield
  • Crypto Backed Loans (CBL) with BTC collateral and low rates
  • Future REITs offering potential 15%–20% yield
  • All-in-one platform to earn, borrow, and trade seamlessly
  • Supported cryptocurrencies

    BTC, ETH, USDC, HASH, SOL, UNI, LINK

    Trading fees

    0%

    Welcome bonus

    $50 when you trade $100 in 14 days

    Yield opportunities

    Up to 20% (Forward Vault, YLDS, REITs)

    Earn $50 when you deposit and trade $100 (within 14 days of sign up)

    Trade
    Voox Review

    VOOX is an innovative cryptocurrency exchange that has rapidly made a name for itself since its inception in 2022. Headquartered in Singapore, VOOX is dedicated to creating an AI-driven trading platform that not only understands its users but also empowers them to optimize their trading potential and seize profitable investment opportunities with efficiency.

    One of VOOX's defining features is its commitment to integrating artificial intelligence into its trading methodologies. This cutting-edge approach allows the platform to develop and refine intelligent trading strategies that can adapt to the dynamic cryptocurrency market. VOOX offers a comprehensive set of trading options including spot trading, margin trading, futures trading, copy trading, and even AI trading, catering to both novice traders and experienced investors alike. The user experience on VOOX is enhanced by its intuitive interface, which simplifies navigation and makes executing trades straightforward. This design focus ensures that users can seamlessly access the extensive list of features without being bogged down by complexity.

    VOOX’s mission to foster the widespread adoption of AI technology within the cryptocurrency landscape positions it as a forward-thinking player in the industry. With a core value proposition centered on customer priority, integrity, and relentless innovation, VOOX is on the path to redefining the user experience in crypto trading.

    Perks
  • AI-driven trading strategies
  • Comprehensive trading options (spot, margin, futures, copy trading)
  • User-friendly interface
  • Global reach with multiple regional offices
  • Experienced team with a strong security focus
  • Supported cryptocurrencies

    300+

    Year launched

    2022

    Sign up now to claim a welcome pack of 6,666 USDT!

    Trade
    Coinflare Review

    Coinflare is a modern cryptocurrency exchange that emerged from the rebranding of BITFLEX in 2024. While the platform launched in 2022, the name Coinflare signals a renewed focus on simplicity, innovation, and user-centric design. Supporting 60+ cryptocurrencies, Coinflare offers trading across spot, derivatives, and peer-to-peer markets.

    Coinflare’s standout welcome offer allows users to double their initial deposit with a 100% bonus up to 5000 USDT. Once trading requirements are fulfilled, users can unlock the bonus to enhance their portfolio. This makes Coinflare a compelling entry point for new users looking to build early momentum on the platform.

    One of the key differentiators is FlarePoints—a gamified reward system where users earn points from trades and engagement, which can be redeemed for real-world products, trading perks, or future access to launchpad projects and VIP benefits. This loyalty system adds a unique layer of interactivity rarely seen on other exchanges.

    With a sleek, minimal interface and responsive design, Coinflare supports efficient order execution and simplified navigation. The platform is accessible for both beginners and professional traders, emphasizing both ease of use and technical performance.

    Security and transparency are core to Coinflare’s mission. As it prepares to launch its native utility token, users can expect broader functionality including staking, governance, and enhanced platform access. This includes early entry into token launches, a forthcoming crypto debit card, and exclusive governance privileges.

    Coinflare’s roadmap reflects its global ambition, with continuous growth in supported fiat and crypto pairs, regional payment integrations, and tailored services to meet international demand. Backed by enhanced safety protocols and transparent communications, Coinflare is rapidly evolving into one of the most engaging centralized exchanges available today.

    Perks
  • Trade 60+ cryptocurrencies with fast execution across spot, P2P, and derivatives markets
  • Gamified FlarePoints system to earn rewards, perks, and real-world goods
  • Intuitive, modern interface built for speed and accessibility
  • 100% deposit bonus up to 5000 USDT (T&Cs apply)
  • Native token launch and crypto debit card on the roadmap
  • Strong emphasis on security, transparency, and future governance features
  • Supported cryptocurrencies

    60+ including BTC, ETH, USDT, BNB, XRP, and SOL

    Year launched

    2022

    Get a 100% Deposit Bonus up to 5,000 USDT

    Trade
    Walbi - AI-Powered Crypto Exchange

    Walbi is an AI-powered crypto exchange that sets itself apart by integrating advanced artificial intelligence tools into every aspect of cryptocurrency trading. Launched in April 2023, Walbi delivers a modern, intuitive platform designed for both beginners and experienced traders seeking smarter, faster, and more efficient trading experiences. The core of Walbi’s platform is its innovative suite of AI trading agents, which offer real-time, data-driven crypto trading signals. The flagship tool, Lighthouse, analyzes news events, historical data, fundamental and technical indicators, and community sentiment, including whale wallet activity, to generate highly accurate trading signals. These signals are tailored to each trader’s style by unique AI agents, for example, “Mommy” focuses on conservative Bitcoin trading, while “MC Whale” takes an aggressive, multi-asset approach without stop-loss orders. Walbi’s proprietary crypto trading terminal offers up to x500 leverage trading, supports 63+ trading pairs, and features low trading fees on most assets. The platform is committed to privacy, operating as a no KYC crypto exchange for the majority of countries, making onboarding fast and seamless. A standout feature is X-ray, a powerful trade analysis tool that highlights trading errors and uncovers new opportunities, helping users continuously improve their trading strategies. Walbi is committed to innovation, with upcoming features like meme token trading, AI-assisted Copilot for trading, spot trading, and a comprehensive AI Market Overviewplanned for 2025. Security and compliance are central to Walbi’s mission. The team is actively pursuing local regulations and certifications to ensure a safe and compliant environment for global crypto traders. Walbi is rapidly expanding its presence in the CIS region, India, Latin America, Brazil, Malaysia, and sees increasing interest from traders across Europe. Backed by dynamic marketing, Walbi achieved 1 million registrations by September 2024 and was highlighted in Telegram’s Trending Apps channel. The platform now has around 8,000 daily active users (DAU), reflecting strong and growing community engagement. With its blend of cutting-edge AI technology, advanced trading signals, high leverage, and unique analytical tools, Walbi stands out as a top choice for anyone looking to maximize their results in the cryptocurrency market.

    Perks
  • AI trading agents that generate real-time, actionable trading signals based on comprehensive data analysis.
  • Proprietary crypto trading terminal with up to x500 leverage and support for 63+ trading pairs.
  • No KYC required for most users, enabling fast and private account creation.
  • Low trading fees across most assets.
  • Unique X-ray trade analysis tool to optimize trading performance.
  • The upcoming features include meme token trading, AI Copilot, spot trading, and AI Market Overview.
  • The platform operates globally, including the CIS, India, Latin America, Brazil, Malaysia, and Europe.
  • Launched in 2023
  • Supported Assets

    Over 63 crypto pairs including USDT (BEP-20), USDT (TRC-20), USDT (ERC-20), USDC (ERC-20), TRX (Tron), ETH (Ethereum Mainnet), DOGE (BEP-20), BTC (Bitcoin), BNB (BEP-20).

    Leverage Trading

    Up to x500 leverage for advanced trading strategies

    Sign up and get $100 to cover your trading fees! (Instantly credited to your account)

    Trade
    Bydfi - A one-stop social trading platform for individual investor

    BYDFi is a one-stop social trading platform for individual investors. BYDFi has been offering professional, convenient, and innovative trading solutions to global users since 2020, including spot trading, perpetual contracts, spot investment, martingale, and spot/future grid. With the slogan "BUIDL Your Dream Finance" takes cryptocurrency trading to a whole new level. BYDFi aspires for its platform to afford users autonomy and leave a permanent imprint on the sector's progress.

    BYDFi was officially launched in 2020 and opened the cryptocurrency market under the name BitYard. It has been online for nearly three years. In response to changes in the encryption market, it was renamed BYDFi in January 2023. By allowing traders, copiers, project teams, media, and other communities to interact and communicate, BYDFi creates a trading environment ideal for both beginners and professionals.Currently, BYDFi serves users across over 190 countries and is trusted by more than 1,000,000users globally

    In 2023, BitYard Rebranded to BYDFi. BYDFi stands for “BUIDL Your Dream Finance”. BUIDL is a slang term for "build" that is popular in the cryptocurrency community. In addition to its original meaning, this word also encourages people who believe in the future of cryptocurrency to take action to achieve their dreams. The “F” in BYDFi stands for Finance and the “i” stands for each individual person. In the future, the potential uses of cryptocurrencies will be more expansive and not limited to recent applications like NFT, Metaverse, and GameFi. To keep up with the ever-evolving digital landscape, we change our brand name to reflect our vision and mission for the crypto market and to show our commitment to our users. BYDFi presents our core values of BUIDL-ing the possibilities that will shape the future

    Perks
  • AI trading agents that generate real-time, actionable trading signals based on comprehensive data analysis.
  • Proprietary crypto trading terminal with leverage ranging from 1x to 200x and support for more than 100 trading pairs.
  • No KYC required for most users, enabling fast and private account creation.
  • Low trading fees across most assets.
  • Unique X-ray trade analysis tool to optimize trading performance.
  • The upcoming features include meme token trading, AI Copilot, spot trading, and AI Market Overview.
  • The platform operates globally, including the CIS, India, Latin America, Brazil, Malaysia, and Europe.
  • Launched in 2023
  • Forbes Recommended

    BYDFi has been recognized by Forbes as one of the top ten best cryptocurrency exchanges in 2023. This is a significant achievement for the crypto exchange, which was launched in 2020 and has rapidly become a popular destination for traders.

    more than 400+ cryptocurrencies available

    We currently offer more than 400 different cryptocurrencies for trading, including popular ones such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), and Shiba Inu (SHIB).

    Sign up now to get to claim a welcome pack of 8,100 USDT Crypto assets cupport 700+

    Trade
    Swapuz Review

    Swapuz has established itself as a pioneering force in the non-custodial cryptocurrency exchange landscape since its launch in 2020. The platform has evolved significantly beyond traditional swap services, now offering access to over 3000 digital assets through its innovative multi-channel exchange system. This revolutionary approach combines the best aspects of decentralized finance (DeFi) with user-friendly centralized exchange features, creating millions of trading pairs and unprecedented flexibility for cryptocurrency enthusiasts worldwide.

    The platform's technological architecture represents a significant advancement in non-custodial trading infrastructure. Swapuz integrates cutting-edge DeFi protocols with traditional exchange mechanisms, enabling users to maintain complete control over their assets while accessing institutional-grade trading features. The multi-channel system automatically routes trades through the most efficient pathways, ensuring optimal rates and minimal slippage across all supported cryptocurrencies. This innovative approach has positioned Swapuz as a leader in the rapidly evolving landscape of decentralized exchange technology.

    Security and privacy remain paramount in Swapuz's design philosophy, with the platform implementing advanced cryptographic protocols and smart contract technology to protect user funds and data. The non-custodial model ensures that users retain full ownership of their private keys and assets throughout the trading process, eliminating counterparty risk commonly associated with centralized exchanges. Enhanced SSL encryption, multi-signature wallet integration, and real-time transaction monitoring provide additional layers of protection against potential security threats.

    The platform's commitment to user experience is evident in its flexible fee structure and comprehensive trading options. Swapuz offers both fixed and floating rate swaps, allowing traders to choose the pricing model that best suits their strategy and market outlook. The intuitive interface supports both novice and professional traders, with advanced features including limit orders, stop-loss functionality, and portfolio tracking tools. The platform's affiliate program has also been enhanced, now offering tiered commission structures ranging from 0.3% to 0.7% in BTC rewards based on referral volume and activity levels.

    Perks
  • Revolutionary multi-channel exchange system with DeFi integration.
  • Access to 3000+ cryptocurrencies with millions of trading pairs.
  • Complete non-custodial control with advanced security protocols.
  • Flexible fee structures and enhanced affiliate rewards up to 0.7%.
  • Ultra-fast processing with optimized routing algorithms.
  • Supported cryptocurrencies

    3000+

    Exchange model

    Non-Custodial

    Year launched

    2020

    Revolutionary non-custodial exchange with 3000+ crypto assets

    Trade
    ChangeNOW Review

    ChangeNOW is a non-custodial cryptocurrency exchange that revolutionizes the crypto swapping experience by offering fast, secure, and account-free transactions. Since its launch, ChangeNOW has positioned itself as the bridge between the freedom of Web3 and the convenience of traditional financial services, serving over 1 million satisfied clients worldwide.

    The platform's core strength lies in its simplicity and efficiency. Users can exchange over 1,500 digital assets across 110+ blockchains without creating accounts or going through lengthy verification processes. With support for major networks like Ethereum, BSC, Solana, Polygon, Avalanche, and Optimism, as well as emerging blockchains like zkSync and Linea, ChangeNOW ensures comprehensive cross-chain compatibility.

    ChangeNOW excels in transaction efficiency with an impressive 98% triumph rate, meaning most swaps are completed at better rates than estimated or with minimal deviation. The majority of exchanges are completed within 3 minutes, and over 50% of users receive better returns than initially projected. The platform's real-time tracking system keeps users informed throughout the entire swap process.

    Security and privacy are paramount at ChangeNOW. As a non-custodial platform, it never stores customer funds, ensuring users maintain full control over their assets. The platform operates with complete fee transparency - all costs are built into the displayed rate with no hidden charges or post-swap surprises. Privacy is protected as ChangeNOW doesn't track or store unnecessary user information.

    The platform offers flexible rate options including both fixed and floating rates. Fixed rate mode guarantees completion at the agreed rate regardless of market fluctuations, providing certainty for users. For added convenience, ChangeNOW provides permanent exchange addresses, allowing users to consistently exchange to the same address without creating new swaps each time.

    ChangeNOW's accessibility spans multiple platforms including their website, mobile apps for Android and iOS, and a dedicated Telegram bot (@ChangeNOW_Cryptobot) for on-the-go transactions. The platform also supports fiat-to-crypto purchases through trusted partners like Transak, Simplex, and Guardarian, accepting various payment methods including Visa, MasterCard, Google Pay, Apple Pay, and more.

    With 24/7 customer support known for resolving complex issues and a stellar 4.5 Trustpilot rating based on nearly 10,000 reviews, ChangeNOW demonstrates its commitment to user satisfaction. Strategic partnerships with leading platforms such as Exodus, Guarda, Trezor, and Bitcoin.com further validate its position in the crypto ecosystem.

    Perks
  • Non-custodial platform ensuring full control over your assets
  • Over 1,500 cryptocurrencies and 110+ blockchains supported
  • Account-free swaps with minimal verification requirements
  • 98% triumph rate with most swaps completed within 3 minutes
  • No hidden fees - all costs transparent and built into the rate
  • Fixed and floating rate options for different trading preferences
  • 24/7 customer support with 4.5 Trustpilot rating
  • Cross-platform accessibility via web, mobile apps, and Telegram bot
  • Supported cryptocurrencies

    1,500+

    Blockchains supported

    110+

    Swap crypto instantly with no registration required - Over 1,500 assets supported!

    Trade
    Kraken Review

    Kraken is an ETH exchange known for its strong security protocols and wide range of supported digital assets. As a centralized platform, Kraken offers a dependable and efficient trading experience, making it a favored choice among both beginner and seasoned traders. One of Kraken's primary advantages is its extensive selection of cryptocurrencies. Users can trade Ethereum along with a vast array of altcoins, providing ample opportunities for portfolio diversification. This broad selection allows users to explore numerous investment opportunities and effectively manage their crypto holdings. Kraken's user-friendly interface enhances the trading experience by making navigation simple and intuitive. Whether managing accounts, executing trades, or exploring advanced features, users will find the platform easy to use and accessible. Beyond standard trading, Kraken offers several ways for users to earn. The platform supports Ethereum staking, enabling users to earn rewards by locking up their tokens. Kraken also provides options for margin and futures trading, allowing users to leverage their positions for potentially higher returns. Additionally, users can stake Kraken's native token, KRAK, to gain extra rewards and benefits. Kraken places a high priority on security with advanced measures such as two-factor authentication and encryption techniques to protect user assets. The platform also supports multi-chain trading, enhancing accessibility and allowing users to trade across different blockchain ecosystems. Overall, Kraken blends versatility, security, and user-friendly features to deliver an outstanding trading experience.

    Perks
  • High liquidity, ensuring fast and efficient trades
  • Strong security measures
  • Wide asset selection
  • User-friendly interface
  • Ethereum staking rewards
  • Margin and futures trading
  • Supported cryptocurrencies

    200+

    Year launched

    2011

    Sign Up and Trade to be eligible for $10 BTC Reward

    Trade
    Bitpanda

    Bitpanda is a premier multi-asset investment platform that empowers users to trade cryptocurrencies, stocks, ETFs, and precious metals in one seamless interface. Designed with both beginners and advanced traders in mind, Bitpanda combines simplicity with robust trading tools to provide a world-class investment experience. With over 3.5 million users worldwide, Bitpanda’s commitment to accessibility and innovation has made it a trusted name in the digital asset space. It offers a wide variety of assets, competitive fees, and support for multiple payment methods, including bank transfers, credit cards, and e-wallets.

    One of the standout features of Bitpanda is its ease of use. The platform offers an intuitive, beginner-friendly interface, while still delivering advanced options for experienced traders, including API integrations and automated savings plans. Security is a top priority for Bitpanda, as it operates under strict EU regulations and incorporates features like two-factor authentication (2FA) and secure asset storage. The platform also provides the Bitpanda Card, a Visa card that allows users to spend their digital assets anywhere Visa is accepted, making it easier than ever to integrate crypto into daily life.

    Bitpanda also focuses on financial education, providing users with resources to better understand trading and investing. With transparent pricing and no hidden fees, it builds trust among its users while delivering a hassle-free experience. Whether you're looking to diversify your portfolio with stocks and ETFs or trade cryptocurrencies like Bitcoin, Ethereum, and Cardano, Bitpanda offers a secure and flexible solution to meet your investment needs. As the platform continues to expand its offerings, it remains a top choice for both new and seasoned investors seeking a reliable, multi-asset trading platform.

    Bitpanda Margin Trading allows users to buy and sell real crypto assets like Bitcoin or Ethereum with up to 10x leverage—unlike Bitpanda Leverage, which offers 2x daily-releveraged CFDs—featuring spot trading, variable leverage (2x, 3x, 5x, 10x), no buy fees, a 0.15% funding fee every 4 hours, a 1% sell fee, a 3% liquidation fee, stablecoin-based entry with automatic EUR stablecoin swaps at 0% fees, availability on mobile and desktop, and upcoming support for short selling and Fusion integration.

    The influencer must always include the Bitpanda Margin Trading disclaimer in their comms:

    *Margin trading involves borrowing crypto assets to amplify potential gains and losses. Even small market fluctuations can lead to margin calls or automatic liquidation, potentially resulting in the loss of your entire capital. Borrowing fees accrue every 4 hours and adversely affect your margin level. Margin trading is suitable for experienced traders only. Ensure you understand the risks and can bear substantial or total financial loss. Never trade with money you cannot afford to lose.

    Perks
  • Buy, sell, swap and stake digital assets. With 10 EUR minimum deposit and from 1 EUR
  • Create a custom savings plan for any asset
  • Invest in crypto index funds
  • Store your assets safely via their wallet service
  • Send crypto through the blockchain
  • Available on iOS, Android and Web
  • Largest crypto offering on EU-based broker. 500+ cryptocurrencies
  • Zero deposit & withdrawal fees in all payment methods
  • Welcome Bonus

    Experience real crypto trading with up to 10x leverage on Bitpanda Margin — buy and sell actual assets like Bitcoin and Ethereum with zero buy fees, flexible leverage options (2x–10x), and seamless Stablecoin entry, all available on desktop and mobile, with short selling and Fusion integration coming soon.

    Multi-Asset Platform

    Trade and invest in cryptocurrencies, stocks, ETFs, and commodities all in one place.

    Easy-to-use

    Bitpanda is an easy-to-use, retail focused broker service for buying and selling digital assets.

    Payment Options

    Supports payments via bank transfer, credit cards, and popular payment methods like Skrill and Neteller.

    Follows EU laws

    The Bitpanda Group diligently follows European laws and regulations. Owning VASP registrations, as well as MiFID II, E-Money and PSD II licences amongst all our core markets.

    Bitpanda Card

    Spend your assets like cash with the Bitpanda Visa card.

    Experience real crypto trading with up to 10x leverage on Bitpanda Margin — buy and sell actual assets like Bitcoin and Ethereum with zero buy fees, flexible leverage options (2x–10x), and seamless Stablecoin entry, all available on desktop and mobile, with short selling and Fusion integration coming soon.

    Trade
    Gemini Review

    • Gemini is a US-based crypto exchange with tools for both new and advanced traders. Since its founding in 2014 by Cameron and Tyler Winklevoss, Gemini has prioritized creating simple and intuitive products, innovative security practices, licensing, and compliance.

    • Gemini is one of the few exchanges that is available in all 50 US States and more than 70 countries globally. Gemini offers trading features for all types of traders. Their ActiveTrader interface is a platform designed and built for traders and features multiple order types, advanced charting tools, and high speeds capable of executing trades in microseconds. Gemini also offers these advanced trading features through their mobile app, so you can trade on the go.

    • Highlighting Gemini’s commitment to security, they earned and maintain both SOC 1 Type 2 and SOC 2 Type certifications, operate as a full-reserve exchange and custodian meaning all assets on platform are backed 1:1, and as a NY based company are regulated by the New York Department of Financial Services.

    • Gemini does not require any account minimums, making it easy to get started investing in cryptocurrency. Gemini also offers competitive fees, 0.2% maker and 0.4% taker fees on their API fee schedule, and fees decrease as trading volume increases.

    • When the referee signs up and places at least US$100 worth of trades within 30 days of signing up, both referrer and referee will receive US$75 in the cryptocurrency of their choice. There are referral tiers that allow traders to earn trading fee revenue on the referees' trades for up to 12 months.

    Perks
  • Simple, intuitive user interface
  • Innovative security offerings
  • Diverse cryptocurrency options
  • Advanced trading features and charts
  • Available in all 50 US states, and 70+ countries globally
  • Supported cryptocurrencies

    70+

    Year launched

    2014

    Earn $75 in crypto for you and your referee when they trade $100+, plus enjoy up to 12 months of referral rewards

    Trade
    Binance Review

    Binance is a premier cryptocurrency exchange known for its extensive range of digital assets and user-friendly platform. As one of the largest exchanges globally, Binance offers high liquidity and robust security measures, making it a preferred choice for both beginners and experienced traders. A key strength of Binance is its diverse selection of supported cryptocurrencies. Users can trade major tokens like Bitcoin and Ethereum, as well as a wide variety of altcoins. This broad range ensures ample opportunities for portfolio diversification and access to emerging investment prospects. The platform’s intuitive design enhances the trading experience, allowing users to easily navigate, execute trades, and manage their accounts. Binance’s focus on usability ensures that both new and experienced traders can efficiently utilize the platform’s features. Beyond trading, Binance provides multiple ways to earn yield. Users can participate in staking programs, providing liquidity to earn rewards, or engage with Binance Earn products like savings and flexible deposits. The Binance Launchpool also allows users to farm new tokens by staking their existing assets, including the native BNB token, for additional rewards and incentives. With support for multiple blockchain networks, Binance offers flexibility and choice in managing and executing trades. This multi-chain support enhances accessibility, ensuring users can engage with the platform across different blockchain ecosystems, making Binance a comprehensive and versatile trading solution.

    Perks
  • Extensive crypto options
  • High liquidity
  • User-friendly interface
  • Staking rewards
  • Binance Launchpool
  • Supported cryptocurrencies

    600+

    Year launched

    2017

    Up to $600 in Welcome Bonuses!

    Trade
    Rain Review

    Rain is a pioneering licensed crypto exchange founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy with the vision to create a fully regulated crypto asset platform in the Middle East. The company built its reputation by joining the Central Bank of Bahrain’s regulatory sandbox program, which allowed it to develop a compliant framework and establish a secure environment for crypto trading. Rain’s early adoption of strict regulatory measures set the standard for trust and transparency in digital asset management.

    In 2019, Rain emerged as the first licensed crypto-asset service provider in the region, proving its commitment to regulatory excellence and customer protection. This milestone not only cemented its status as a trusted crypto exchange but also showcased its dedication to maintaining high compliance standards. Users looking for a secure and reliable crypto trading platform find Rain’s robust regulatory framework and clear focus on transparency highly appealing.

    Expanding its reach, Rain Trading Limited secured a Financial Services Permission from the Abu Dhabi Global Market’s Financial Services Regulatory Authority in 2023, enabling the platform to offer brokerage and custody services in the UAE. Operating in 10 countries and offering over 45 coins, Rain has established itself as a comprehensive crypto trading platform that caters to a diverse range of digital asset needs. Its strategic expansion underscores its commitment to regulated crypto services and broad market accessibility.

    Rain stands out by offering advanced trading tools designed to meet the needs of both novice and seasoned traders. With features such as Rain Pro, the platform provides stop and limit orders, detailed charting, and access to over 300 trading pairs including USDT, ensuring an optimal trading experience. The seamless integration with local banks for deposits and withdrawals further enhances its reputation as a premium, user-friendly crypto exchange.

    Dedicated to driving crypto adoption, Rain places a strong emphasis on customer security and support. The platform employs best-practice security measures, including a robust offline cold storage system, to safeguard digital assets from potential cyber threats. Coupled with 24/7 multilingual customer support, Rain continues to make crypto assets accessible and trustworthy, reinforcing its mission to deliver secure and regulated crypto trading services across the Middle East and beyond.

    Perks
  • Licensed and regulated by the Central Bank of Bahrain and ADGM FSRA for trusted crypto trading
  • Bank-grade security with proprietary offline Cold Storage to safeguard digital assets
  • Advanced trading tools featuring over 45 coins and 300+ trading pairs including USDT
  • Seamless local bank integration for quick and secure deposits and withdrawals
  • 24/7 multilingual customer support offering responsive, human assistance
  • Supported cryptocurrencies

    300+

    Year launched

    2017

    Enjoy a 10% rebate for the first 30 days of trading with Rain

    Trade
    Libertex

    Libertex has earned its reputation as one of the leading platforms for trading crypto and other types of CFDs, combining cutting-edge technology with user-friendly tools designed for all traders. With a legacy dating back to 2012, it has positioned itself as a serious name in the fintech industry, offering a seamless trading experience to numerous users from the EEA Area and Switzerland. The platform’s emphasis on high volatility trading underlying assets, such as crypto and other types of CFDs, provides significant opportunities for traders aiming to trade on short- or long-term market movements. With Libertex, users can explore diverse trading options while enjoying a straightforward, smooth interface.

    One of Libertex's standout features is its commitment to user security. As an authorized and regulated broker, the platform ensures that user funds and data are safeguarded with top-tier security protocols. Whether using a demo account to practice with EUR 50,000 in virtual funds or jumping into live trading, users can rest assured knowing their transactions are backed by a platform with over a decade of expertise in the market.

    Libertex also appeals to traders with its extensive suite of tools and resources. From real-time exchange rate tracking to advanced charting features such as candlestick patterns and customizable time frames, the platform offers a professional-grade experience. Its proprietary technology enables users to make more informed decisions, enhancing their ability to analyze market trends and execute trades more efficiently. With options to trade crypto CFDs on both desktop and mobile applications, Libertex ensures accessibility and convenience for its diverse user base.

    Another key factor driving Libertex’s popularity is its reach in the EEA Area and Switzerland and tailored services. By offering support in many languages the platform has cultivated a robust community of traders. Additionally, its emphasis on transparency and education allows users to navigate the complexities of crypto and other types of CFD trading with greater confidence. The opportunity to start trading with minimal initial deposit makes it an attractive choice for those looking to enter the market with a small first deposit.

    While Libertex delivers a host of benefits, it’s essential to acknowledge the risks associated with trading financial instruments. The platform openly advises users of the potential for both profit and loss, underscoring the importance of responsible trading practices. With its combination of advanced tools, robust security measures, and a legacy of serious reputation, Libertex remains a top choice for individuals eager to explore the dynamic world of crypto and other types of CFD trading.

    Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

    Perks
  • Numerous users in the EEA Area and Switzerland
  • Authorized and regulated broker
  • Over a decade of fintech industry expertise
  • Advanced tools and user-friendly interface for all level trading
  • EUR 50,000 demo account to practice for free
  • Demo account

    EUR 50,000

    Year launched

    2012

    Trade crypto and other types of CFDs with a regulated broker - 80% of retail investor accounts lose money

    Trade
    Buy crypto
    Sell crypto
    I want to buy
    BTC
    Bitcoin(BTC)
    How much?

    Quick Guide: How to Buy Bitcoin in 5 Steps

    Getting started with Bitcoin doesn't have to be complicated. Here's a quick overview of the process:

    1. Choose a Platform - Select a reputable cryptocurrency exchange or broker
    2. Create an Account - Sign up and verify your identity
    3. Add Payment Method - Link your bank account, credit card, or other payment option
    4. Place Your Order - Decide how much Bitcoin to buy and execute your purchase
    5. Secure Your Bitcoin - Transfer to a secure wallet for long-term storage

    Where to Buy Bitcoin

    Cryptocurrency Exchanges

    Cryptocurrency exchanges are the most popular platforms for buying Bitcoin. They offer competitive prices, various trading options, and the ability to exchange between different cryptocurrencies.

    Top Exchanges for Beginners:

    • Coinbase - User-friendly interface, high security, educational resources
    • Binance - Largest selection of cryptocurrencies, low fees
    • Kraken - Strong security features, good customer support
    • Gemini - Regulated platform, insurance coverage
    • Bitcoin.com - Simple interface, integrated wallet

    Bitcoin Brokers

    Brokers simplify the buying process by selling Bitcoin directly to you at a set price. While slightly more expensive than exchanges, they're ideal for beginners.

    Popular Bitcoin Brokers:

    • eToro - Social trading features, copy expert traders
    • Robinhood - Commission-free trading, simple interface
    • Cash App - Easy mobile purchases, quick setup
    • PayPal - Familiar platform, integrated with existing accounts
    • Venmo - Social payments app with crypto features

    Bitcoin ATMs

    Bitcoin ATMs allow you to buy Bitcoin with cash in person. While convenient, they typically charge higher fees (5-10%).

    How to Use Bitcoin ATMs:

    1. Find a Bitcoin ATM near you using CoinATMRadar
    2. Bring cash and a Bitcoin wallet address
    3. Insert cash and scan your wallet QR code
    4. Confirm the transaction and receive Bitcoin

    Peer-to-Peer (P2P) Platforms

    P2P platforms connect buyers directly with sellers, offering more payment flexibility and privacy.

    Popular P2P Platforms:

    • LocalBitcoins - Established platform with escrow protection
    • Paxful - 300+ payment methods available
    • Bisq - Decentralized, no KYC required
    • Hodl Hodl - Non-custodial, multisig escrow

    Payment Methods for Buying Bitcoin

    Bank Transfer (ACH/Wire)

    • Pros: Lowest fees, high purchase limits
    • Cons: Slower processing (3-5 days)
    • Best for: Large purchases, regular investing

    Credit/Debit Card

    • Pros: Instant purchases, convenient
    • Cons: Higher fees (3-5%), lower limits
    • Best for: Quick, small purchases

    PayPal

    • Pros: Familiar platform, buyer protection
    • Cons: Limited withdrawal options, higher fees
    • Best for: Beginners, small amounts

    Cash

    • Pros: Anonymous, no bank account needed
    • Cons: Requires in-person meeting or ATM
    • Best for: Privacy-conscious users

    Other Payment Methods

    • Apple Pay/Google Pay - Mobile convenience
    • Prepaid Cards - No bank account required
    • Gift Cards - Available on P2P platforms
    • Bank Wire - For large international transfers

    Step-by-Step Guide to Buying Bitcoin

    Step 1: Choose Your Platform

    Consider these factors when selecting where to buy Bitcoin:

    • Security - Look for platforms with strong security measures
    • Fees - Compare trading fees, deposit fees, and withdrawal costs
    • Payment Options - Ensure your preferred payment method is supported
    • User Experience - Choose platforms with interfaces matching your skill level
    • Regulation - Opt for licensed and regulated platforms when possible

    Step 2: Create and Verify Your Account

    Most platforms require identity verification (KYC) to comply with regulations:

    1. Sign Up - Provide email and create a strong password
    2. Personal Information - Enter your full name, address, and phone number
    3. Identity Verification - Upload government-issued ID (passport, driver's license)
    4. Selfie Verification - Take a photo holding your ID
    5. Wait for Approval - Usually takes minutes to 48 hours

    Step 3: Secure Your Account

    Before making any purchases, enhance your account security:

    • Enable 2FA - Use authenticator apps like Google Authenticator
    • Strong Password - Use unique, complex passwords
    • Email Security - Secure your email with 2FA as well
    • Withdrawal Whitelist - Add trusted addresses only
    • Anti-phishing Code - Set up if platform offers this feature

    Step 4: Add Payment Method

    Link your preferred payment method:

    For Bank Accounts:

    1. Select "Add Bank Account"
    2. Enter routing and account numbers
    3. Verify with micro-deposits (1-2 days)
    4. Start making purchases

    For Cards:

    1. Enter card details
    2. Verify billing address
    3. Complete 3D Secure verification
    4. Ready for instant purchases

    Step 5: Buy Bitcoin

    Execute your first Bitcoin purchase:

    1. Navigate to Buy/Trade Section
    2. Select Bitcoin (BTC)
    3. Choose Order Type:
      • Market Order - Buy immediately at current price
      • Limit Order - Set your desired price
      • Recurring Buy - Automate regular purchases
    4. Enter Amount - In USD or BTC
    5. Review Details - Check fees and total
    6. Confirm Purchase - Execute the transaction

    Step 6: Store Your Bitcoin Safely

    After purchasing, consider moving Bitcoin to a secure wallet:

    Wallet Options:

    • Exchange Wallet - Convenient but less secure
    • Mobile Wallet - Good for small amounts, daily use
    • Desktop Wallet - Better security, full control
    • Hardware Wallet - Best security for large amounts
    • Paper Wallet - Offline storage option

    How to Transfer to a Wallet:

    1. Get your wallet's Bitcoin address
    2. Go to exchange withdrawal section
    3. Enter wallet address carefully
    4. Choose amount to transfer
    5. Confirm transaction
    6. Wait for blockchain confirmations

    How Much Bitcoin Should You Buy?

    Start Small

    • Begin with an amount you're comfortable losing
    • Many platforms allow purchases as low as $1-10
    • Learn the process before making larger investments

    Dollar-Cost Averaging (DCA)

    • Invest a fixed amount regularly (weekly/monthly)
    • Reduces impact of price volatility
    • Builds position over time
    • Many platforms offer automatic DCA features

    Investment Guidelines

    • Only invest what you can afford to lose
    • Consider Bitcoin as part of a diversified portfolio
    • Common allocation: 5-10% of investment portfolio
    • Adjust based on risk tolerance and goals

    Understanding Bitcoin Fees

    Types of Fees

    Trading Fees:

    • Maker fees: 0.1-0.5% (placing limit orders)
    • Taker fees: 0.1-0.5% (market orders)
    • Spread: 0.5-2% on broker platforms

    Deposit/Withdrawal Fees:

    • Bank transfers: Often free or $0-10
    • Card deposits: 2-5% of amount
    • Bitcoin withdrawals: Network fees ($1-20)

    Hidden Costs:

    • Exchange rate markups
    • Inactivity fees
    • Currency conversion fees

    How to Minimize Fees

    • Use bank transfers instead of cards
    • Place limit orders instead of market orders
    • Buy larger amounts less frequently
    • Choose platforms with competitive fee structures
    • Take advantage of fee discounts (holding platform tokens)

    Bitcoin Security Best Practices

    Before Buying

    • Research the platform thoroughly
    • Check for regulatory compliance
    • Read user reviews and ratings
    • Verify the official website URL
    • Never share login credentials

    During Purchase

    • Use secure internet connections (avoid public WiFi)
    • Double-check wallet addresses
    • Start with small test transactions
    • Keep transaction records
    • Monitor your bank/card statements

    After Buying

    • Enable all security features
    • Use hardware wallets for large amounts
    • Keep private keys secure and offline
    • Create secure backups
    • Never share private keys or seed phrases

    Common Scams to Avoid

    • Phishing emails - Fake exchange emails
    • Fake websites - Lookalike exchange sites
    • Ponzi schemes - Unrealistic return promises
    • Fake wallets - Malicious wallet apps
    • Social media scams - Fake giveaways

    Tax Considerations When Buying Bitcoin

    Tax Events

    • Buying Bitcoin is not taxable
    • Selling Bitcoin triggers capital gains/losses
    • Trading Bitcoin for other crypto is taxable
    • Using Bitcoin for purchases is taxable
    • Earning Bitcoin (mining, staking) is income

    Record Keeping

    Keep detailed records of:

    • Purchase dates and amounts
    • Purchase prices (cost basis)
    • Platform used
    • Transaction IDs
    • Wallet addresses

    Tax Tips

    • Use tax software designed for crypto
    • Consider hiring a crypto-savvy tax professional
    • Report all taxable events
    • Keep records for at least 7 years
    • Understand your country's specific crypto tax laws

    Alternative Ways to Acquire Bitcoin

    Bitcoin Mining

    • Requires specialized hardware (ASICs)
    • High electricity costs
    • Competitive and difficult for individuals
    • Better suited for large operations

    Earning Bitcoin

    • Freelancing - Get paid in Bitcoin
    • Bitcoin Faucets - Complete tasks for small amounts
    • Affiliate Programs - Earn commissions in Bitcoin
    • Bitcoin Rewards - Credit cards with Bitcoin cashback
    • Interest Accounts - Earn interest on Bitcoin holdings

    Bitcoin Gifts

    • Receive Bitcoin as gifts from friends/family
    • Some platforms offer referral bonuses
    • Educational platforms reward learning with Bitcoin

    Common Mistakes to Avoid

    Beginner Mistakes

    1. FOMO Buying - Purchasing during hype without research
    2. Investing Too Much - Risking money you need
    3. Ignoring Security - Not using 2FA or secure wallets
    4. Panic Selling - Reacting emotionally to price drops
    5. Falling for Scams - Believing unrealistic promises

    Technical Mistakes

    1. Wrong Addresses - Sending Bitcoin to incorrect addresses
    2. Lost Keys - Not backing up wallet seed phrases
    3. High Fees - Overpaying during network congestion
    4. Exchange Hacks - Leaving funds on exchanges long-term
    5. Tax Ignorance - Not tracking transactions for taxes

    After Buying Bitcoin: Next Steps

    Education

    • Learn about blockchain technology
    • Understand Bitcoin's value proposition
    • Follow reputable news sources
    • Join Bitcoin communities
    • Read the Bitcoin whitepaper

    Portfolio Management

    • Track your investment performance
    • Consider diversifying into other cryptocurrencies
    • Set investment goals and strategies
    • Regular portfolio rebalancing
    • Stay informed about market trends

    Using Bitcoin

    • Online Shopping - Many merchants accept Bitcoin
    • International Transfers - Send money globally
    • Investment Vehicle - Long-term store of value
    • DeFi Participation - Access decentralized finance
    • Lightning Network - Fast, cheap transactions

    Frequently Asked Questions

    Is it safe to buy Bitcoin?

    Yes, buying Bitcoin from reputable, regulated platforms is safe. Always use platforms with strong security measures, enable 2FA, and transfer large amounts to secure wallets.

    What's the minimum amount of Bitcoin I can buy?

    Most platforms allow purchases as low as $1-10. You don't need to buy a whole Bitcoin; you can buy fractions (called satoshis).

    How long does it take to buy Bitcoin?

    With credit/debit cards, purchases are instant. Bank transfers take 3-5 business days. Once funded, executing trades takes seconds.

    Can I buy Bitcoin anonymously?

    Most regulated platforms require ID verification. For more privacy, consider P2P platforms, Bitcoin ATMs, or decentralized exchanges, though these often have higher fees and risks.

    What happens if I lose my Bitcoin?

    If you lose access to your wallet (forgotten password, lost keys), your Bitcoin is likely unrecoverable. Always keep secure backups of wallet seed phrases.

    Should I wait for the price to drop?

    Timing the market is difficult. Consider dollar-cost averaging instead of trying to predict price movements. Focus on long-term value rather than short-term fluctuations.

    Can I cancel a Bitcoin transaction?

    Bitcoin transactions are irreversible once confirmed on the blockchain. Always double-check addresses and amounts before sending.

    Is Bitcoin legal?

    Bitcoin is legal in most countries, though regulations vary. Some countries have restrictions or bans. Check your local laws before purchasing.

    What's the difference between Bitcoin and other cryptocurrencies?

    Bitcoin is the first and most established cryptocurrency, focusing on being digital money and store of value. Other cryptocurrencies may have different features and use cases.

    How do I know if a platform is legitimate?

    Look for regulation compliance, insurance coverage, transparent fee structures, positive user reviews, responsive customer support, and how long they've been operating.

    Regional Considerations

    United States

    • Platforms must be registered with FinCEN
    • State-specific regulations (BitLicense in NY)
    • IRS treats Bitcoin as property for tax purposes
    • FDIC insurance available on some platforms

    European Union

    • MiCA regulations provide framework
    • VAT exempt in most countries
    • Strong consumer protections
    • SEPA transfers widely supported

    United Kingdom

    • FCA regulation required
    • CGT applies to Bitcoin gains
    • Faster Payments for quick deposits
    • Strong AML requirements

    Asia-Pacific

    • Regulations vary significantly by country
    • Japan and Singapore crypto-friendly
    • Some countries have restrictions (China)
    • Growing adoption and infrastructure

    Other Regions

    • Latin America seeing increased adoption
    • Africa using Bitcoin for remittances
    • Middle East has mixed regulations
    • Always check local laws and available platforms

    Conclusion

    Buying Bitcoin has evolved from a complex technical process to something anyone can do in minutes. By choosing reputable platforms, understanding the fees, prioritizing security, and starting with small amounts, you can safely begin your cryptocurrency journey.

    Remember that Bitcoin is a volatile asset, and prices can fluctuate significantly. Only invest what you can afford to lose, and consider Bitcoin as part of a diversified investment strategy. Take time to educate yourself about cryptocurrency, blockchain technology, and the broader implications of this revolutionary financial system.

    Whether you're buying Bitcoin as an investment, to use for transactions, or simply to learn about cryptocurrency, following this guide will help ensure a safe and successful experience. Welcome to the world of Bitcoin!

    Quick Guide: How to Buy Bitcoin in 5 StepsWhere to Buy BitcoinPayment Methods for Buying BitcoinStep-by-Step Guide to Buying BitcoinHow Much Bitcoin Should You Buy?Understanding Bitcoin FeesBitcoin Security Best PracticesTax Considerations When Buying BitcoinAlternative Ways to Acquire BitcoinCommon Mistakes to AvoidAfter Buying Bitcoin: Next StepsFrequently Asked QuestionsRegional ConsiderationsConclusion

    About the Author

    B.Chad

    Active in technology and gaming since 2006.

    b.chad@bitcoin.com
    Logo of MyStake

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    Logo of MyStake

    💰 Get a 300% Bonus Instantly – No KYC, No Fees

    Play with Crypto & VIP bonuses 🤑