Bitcoin is a digital currency created in 2009 that uses decentralized technology for secure payments and storing money. It doesn’t require names of people and their banks.
Now, the big question is, who invented it? It was invented by a secret computer user named Satoshi Nakamoto in 2008 and it became online in 2009. People use Bitcoin as it is free from government control.
Any person who’s involved with Bitcoin doesn’t need to pay any Bank charges as it is not controlled by the government. Now, the big question is how it works? Bitcoin works on a public ledger called BlockChain, which holds a decentralized record of all transaction that is updated and held by all users of the network.
Now, moving on to our main subject i.e., 10 best sites to buy BitCoins
10 Best Sites to buy Bitcoins
We are not ranking these sites, instead, we are just listing some of the best sites to buy bitcoins. We cannot recommend one site over the other due to various strings attached with Bitcoin system. Many top exchanges often face legal issues and thus we can only list the websites.
So do not take the post as a ranking, rather just know that these are the best ones.
Top Exchanges to Buy BTC
We have explained in detail about the top exchanges below, do read and start buying BTC or trading BTC from one of them listed below.
After introducing Bitcoin, the admins predicted that the market rapidly a paypal for BitCoin exchange. Since then, WeSellCrypto has offered small and simple purchases of bitCoin using paypal. WeSellCoin is for those who wants to purchase small amount(around 100USD). WeSellCrypto asks for several verification which make it easy to buy BitCoin. It is the simplest site for buying BitCoin.
Since then, they established as the quickest, most trusted way of purchasing altcoins. WeSellCrypto is a registered US LLC and a Federal MSB, registration. WeSellCrypto believe in open, transparent, and fair business. With scams and losses far too prevalent in the crypto community, their service offers the benefit of risk-free purchasing.
WeSellCrypto also claim that they do not store any customer funds or sensitive banking information, so risks of hacking or insolvency are non-issues to the customers.
WeSellCrypto is continuously improving and expanding their service with new features and coins. All of their coin offerings can be seen on WeSellCrypto.
Cex.io is one of the international Bitcoin exchanging site. This site accepts euros, British pounds, US dollars, Russian rubles and is pretty popular within these regions. It is simple to use without any unwanted requirement. Only giving you the option to buy or sell. It’s main feature is it’s transparency which is given to every customer.
Not only this, it has the best security practice. Also, it can easily does bank transfer, credit card purchase. CES is indeed a good European alternative to Buy Bitcoins it is very good for beginners. The option for buying and selling is also there.
CoinBase is a great site to get bitcoins with debit cards and multiple online wallets for your digital currency. It is used mostly by Europeans, Americans, Canadian customers.
The main reason why CoinBase is in the list is because of it’s simplicity. It has lots of longtime customers over 48,00,000 users have signed up which includes merchants and app developers.
Why BuySomeBitCoin is in this list is because it do not asks for ID verification. Yes! Unlike other sites, you don’t have to go through all that verification process. Also, this site offers credit card purchases without requiring ID proof. But as it is free from ID submission the fees are a bit higher if you want to purchase bitcoin from this site. Obviously, this is the best place to do exactly “no verification”.
Although BuySomeBitcoins is small, with just above 150,000 monthly visits, it is growing fast and gaining reputation for being one of the only sites to offer credit card purchases without requiring ID submission. Note that BuySomeBitcoins do also offer users to voluntarily verify their identity in exchange for a more reasonable fee structure.
Poloniex is on this list because it is the nicest trading interface both for mobile and desktop users. Yes! You can use Polobiex on both, mobile phones as well as desktop without any problem.
Unfortunately, as Poloniex is an centralised site, no one can deposit government currency. One have to buy Bitcoins from anywhere they want and then deposit it in here. So, that it could be traded.
But ignoring this fact, Bitcoins is one of best selling and buying site. It gives you a good margin on buying and selling of Bitcoins. Also, it is the fastest traffic, growing site since 2016. In February 2000, 7 million people visited this site and in May 2017, it increase by 30 million approx visitors. Now you can assume, what this site really is.
BitStamp came under operation in 2011 in Europe and UK. It might not be good for small trade but is the best site for larger trades.
It is used by people using SEPA and credit card. Here, Euro and US dollars both can be accepted and deposited.
It is purely based on Exchange Bitcoin-only for-Bitcoin user and is really very comfortable site. They also provide visa MasterCard and visa in Europe and UK. It is located in London and is very famous there. Again I repeat my words that it is good for large transactions but there is a drawback about the site as it is not available outside of Europe and UK.
Bitmex CEO, Arthur Hayes has used his experience as an equity derivatives trader for Deutsche Bank to design, build, and maintain the best type of platform that users are looking for.
Bitmax is the leading bitcoin margin trading site. Users can trade cryptocurrency derivatives with up to 100x leverage. Pairs include BTC/USD, Yen, Monero, Ripple, Dash, and Ethereum.
BitMax might not be a platform for amateur and beginner but it a great platform for experienced and seasoned traders. Beginners should avoid trading coins here without knowing the implied volatility risks. BitCoin is in this list because it have splendid functioning just Leading platform for bitcoin derivatives and margin trading Great and functional user experience throughout the site Up to 100x leverage. The only flaw in BitCoin is that providing such high leverage, it’s easy to overlook implied risk factor.
Kraken, after lots of hardwork has become one of the reputed bitcoin broker. Every country, especially Europe and America love tgis site because they work exceptionally good with SEPA. Not only this, they have an easy verification process, and are very comprehensive when it come to cryptography and security. In early 2017, Kraken has been re-positioning themselves as a crypto exchange by adding multiple new altcoins.
Some of the best features of Kraken is: Cryptographic communications, Cheapest rates for trading, depositing and withdrawing and beyond all, it works well for Europeans and North.
What brings LocalBitCoins in this top 10 list of “best sites to buy bitcoin” is it’s great way to meet people; unlike other sites, localBitCoin offer a great platform to interact with people, PayPal is available; that is transaction will be more easy, No verification needed; this feature makes this simple site more easy.
Localbitcoins is quite a popular for person to person transactions all over the world i.e., you can interact with people directly to buy or sell bitcoins. Out of all the bitcoin sites listed here, this is one of the first and most reputed. Escrow and dispute resolution is provided by the site.
With this feature, local bitcoins also have some drawbacks such as it take longer to conduct transactions, risks associated with anonymous transactions, some bank accounts have been suspended after receiving money.
If you are finding something more technical then other sites, Bitsquare is the one you are finding. It is a very technically advanced. A decentralized people to people platform that provides you super fast and super safe transactions. Over 60 cryptocurrencies can be traded in here and you can even purchase btc using a bank transfer, escrow, & trusted 3rd parties.
So, these were 10 best sites to buy Bitcoin (BTC) with every possible feature one wishes. You can buy and sell Bitcoins without verification, you can have p2p interaction and much more. These sites are a must try. If you feel the same do comment and react. “Amazing top 10” will be back with more top 10s.