There may be far more different cryptocurrencies available to today’s consumers than those of even a few years past, but that doesn’t mean that bitcoin has lost its edge. In fact, it remains the world’s favorite form of crypto despite all of this alternative currency’s recent competitors’ efforts.
Although the use of bitcoin as both an investment tool and a means of making real-world financial transactions has actually become quite commonplace, some consumers are still hesitant. Readers who haven’t yet given bitcoin investing a shot for themselves are often abstaining due to anxiety over the unknown. This article is intended to clear up some of the confusion that remains around buying bitcoin online.
How to Buy Bitcoin
Now that it has been established that buying bitcoins outright is really the most sensible option for those who are new to the cryptocurrency game, it’s time to take a look at how to go about doing so.
Most crypto exchanges and peer-to-peer platforms allow their users to buy bitcoins with credit or debit cards, PayPal, and wire transfers. Readers who want to purchase bitcoins with cash will have to find a bitcoin ATM, which can be a bit of a hassle depending on where they live. For simplicity’s sake, it’s much easier for those who are new to crypto to get started by signing up for an coinipop account online and buy coins online.
Where to Find a Bitcoin Exchange
One of the few advantages of using a bitcoin exchange instead of a P2P platform is that there are tons of options available. Some of the most popular of them are Coinbase, Bitpanda, coinipop and Bitstamp. Readers who go this route should exercise caution, though, as these and other exchanges often charge staggered fees depending on transaction size, require users to set up bitcoin wallets using third-party services or place limitations on where their clients can place transactions, to begin with.
The Coinipop Advantage
Unlike other exchanges, coinipop is a genuine bitcoin buying & selling bitcoins online. Coinipop is owned and operated by CRYPTO HOUSE OÜ, a company incorporated in Estonia and regulated by the Financial Intelligence Unit and licensed to provide services of exchanging a virtual currency against a FIAT currency. It is designed to facilitate anonymous, efficient transactions between buyers and sellers so that they don’t have to worry about high exchange fees or disreputable sellers. There’s no need to go through the hassle of finding a seller who has a solid transaction history and charges reasonable fees.
Buyers can confirm that their bitcoins have been transferred by checking their transaction status and most transfers take just 10 to 40 minutes. Coupled with the fact that the platform has advanced security protocols in place to protect its users against fraud, this makes coinipop a great option for anyone who are to take first step into the Cryptocurrency world.
The Bottom Line
You should be equipped with all the knowledge you need to get started buying bitcoin online. Just choose a coinipop platform and a payment method, set up a wallet, and start buying, selling, and trading today.