1. Coinbase
( buying-bitcoin-on-coinbase )
Coinbase is one of the most popular and user-friendly platforms for buying Bitcoin. It offers a simple, straightforward interface, making it ideal for beginners. The platform allows users to buy Bitcoin, Ethereum, and other cryptocurrencies using a bank account, debit card, or wire transfer.
2. Binance
( buying-bitcoin-on-binance )
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. It offers a variety of trading options, including spot, margin, and futures trading. Binance also has a feature called ‘Binance Earn’ where users can earn interest on their Bitcoin holdings.
3. Kraken
( buying-bitcoin-on-kraken )
Kraken is another reputable platform for buying Bitcoin. It has a focus on security, with a multi-signature cold storage system and two-factor authentication. Kraken also offers a wide range of trading options, including margin trading and futures trading.
4. Gemini
( buying-bitcoin-on-gemini )
Gemini is a U.S.-based cryptocurrency exchange run by the Winklevoss twins. It is regulated by the New York State Department of Financial Services and offers a variety of services, including Bitcoin trading, custodial services for institutions, and a crypto-backed credit card.
5. eToro
( buying-bitcoin-on-etoro )
eToro is a social trading platform that allows users to buy Bitcoin, as well as other cryptocurrencies and traditional assets. It offers a unique feature called ‘CopyTrader,’ which allows users to automatically copy the trades of successful traders on the platform.
6. Bitfinex
( buying-bitcoin-on-bitfinex )
Bitfinex is one of the oldest and most established cryptocurrency exchanges. It offers a wide range of trading options, including margin and futures trading. Bitfinex also has a lending platform called ‘Bitfinex Funding Market,’ where users can lend their Bitcoin and earn interest.
7. Coinmama
( buying-bitcoin-on-coinmama )
Coinmama is a cryptocurrency broker that allows users to buy Bitcoin, Ethereum, and other cryptocurrencies using a credit or debit card. It has a simple and straightforward interface, making it ideal for beginners.
8. Bitstamp
( buying-bitcoin-on-bitstamp )
Bitstamp is a European-based cryptocurrency exchange that offers Bitcoin trading, as well as other cryptocurrencies. It has a focus on security, with a multi-signature cold storage system and two-factor authentication.
9. LocalBitcoins
( buying-bitcoin-on-localbitcoins )
LocalBitcoins is a peer-to-peer Bitcoin exchange that allows users to buy Bitcoin directly from other users. It offers a variety of payment methods, ranging from bank transfer to cash in person.
10. Cash App
( buying-bitcoin-on-cash-app )
Cash App is a mobile app that allows users to send and receive money, as well as buy and sell Bitcoin. It has a simple and straightforward interface, making it ideal for beginners. Cash App also offers a cash card, which can be used to spend Bitcoin at retailers that accept it.