Technology is taking over the world, and the internet is becoming a medium for many operations. Numerous activities like meetings and payments are shifting from physical interactions to virtual. People are no longer handling hard cash in some parts of the globe as they prefer digital currencies. Digital currencies enhance flexibility as they reduce the burden of carrying hard cash. One of the most reliable and efficient digital currency in the market is the bitcoin. Bitcoin is a cryptocurrency that was started in early 2009 but has now hit the industry with a bang. It has proven to be helpful and beneficial especially during such times when hard cash could be contaminated.
There are different places over the internet where you can get bitcoins. You, however, ought to be very careful to avoid falling into the hands of con men. Before you decide to make any purchase, you should carry out intensive research first. Since the Bitcoin is still a young baby, the idea is still under development to make it efficient and more effective. If you have been looking for legit avenues to buy bitcoins, count your self lucky today. This article will provide an accurate and reliable guide on the best places you can buy bitcoins from. Before you buy bitcoins, remember that you will need an online digital wallet, get one too.
This is one of the most renowned and respected platforms for bitcoin platforms in the world. It gained its ground in the United States of America but has now reached in many other parts of the continent. CoinBase has an intuitive user interface that is easy to use and grasp. One unique fact about it is that it has an exchange section and a wallet all in one. This is incredible as it makes it easy for beginners to trade and ensure that they are safe as they handle bitcoin-related activities online.
The security of the wallet is paramount as you can only access it through your mobile application or the website application. After you connect your coinbase account to your bank account, it will be easy to make transfers to either account. Unlike other platforms that are limited, coinbase accepts bitcoin cash, litecoin and Ethereum.
Another great and effective platform on which you can buy bitcoins is the CoinExchange. This medium offers a low exchange rate that helps starters and professionals get maximum gain. It also accepts and supports a large number of different coins. Simplicity is the ultimate sophistication, this platform may look elementary but its security is topnotch. You can trade on this platform with no fear as all your credentials and confidential and are not prone to unauthorized access. Although it lacks a mobile application, you can still take your activities online and use the web application.
If you are a bitcoin enthusiast, you must have already heard of the Robinhood platform. This is a platform that has attracted many bitcoin buyers and sellers because of its favorable terms of trade. With this platform, you can buy and sell bitcoins at absolutely no cost, it is all free! So if you are a beginner and would like to get maximum benefits out of bitcoin trading, Robinhood is the place to begin. This platform also provides a wallet beside the trading area to make your work simple and manageable. With Robinhood mobile application, you can manage and account for your coins at the comfort of your phone or tablet.
This is a mobile application that makes your purchase and selling of bitcoins an easy task. It provides you with a feature where you can send money to your loved ones whenever necessary. Buying and selling bitcoins on this platform is cost-free and you will not be charged anything for the transactions. Unlike other platforms, Square Cash only allows you to handle your bitcoins using the app. This is to enhance its security and ensure that there is limited access.
Above mentioned are some of the best trading platforms where you can comfortably buy and sell bitcoins. Trading on bitcoins could be a risky venture if you do not get everything right. There are many things that you need to put in mind before investing. These include ensuring that there is identity verification before trading begins, getting a legitimate wallet service, confirm the payment method and ensure that there is maximum security.