Post
Topic
Board Beginners & Help
Re: Where to Buy bitcoins?
by
cryptowisser
on 23/05/2018, 09:43:51 UTC
Hi Good Day! where can i buy bitcoins? there is so many advertisement on the internet already, any suggestion where best to buy?
Thank you!

You buy Bitcoins at a cryptocurrency exchange. There are many out there, and our company (Cryptowisser) lists and reviews more exchanges than any other company/site in the world. In order to pick the right exchange, you need to answer the following questions:

Is it important for you that your exchange accepts deposits of cryptocurrencies? (Yes/No)

If you currently have cryptocurrencies and just want to change your exchange, the new exchange must accept deposits of cryptocurrencies. Some exchanges only do Fiat-to-crypto and those exchanges are then not available to you.

Is it important for you that your exchange accepts credit card deposits? (Yes/No)

I would personally steer clear of buying cryptos with credit cards but if you want to do that, all exchanges do not offer that option.

Are you a US-based investor? (Yes/No)

Many exchanges prohibit US-investors.

What’s the highest fee you can accept to be charged?

Trading fees range from 0 to 20.00% (yeah you read that right, 20.00%). The lower fee you require, the fewer exchanges are available to you. Industry average is arguably around 0.25%.

Which cryptocurrencies do you want to trade?

A very important question of course. If you’re looking to buy BTC and ETH, most exchanges have that option. If you’re looking for a less known coin, not all exchanges will have that.

The above questions (+1 more regarding continent of exchange) are included in the Exchange Finder tool, available here: https://www.cryptowisser.com/

Good luck!