When it comes to finding the best bitcoin exchange things are not all that easy. Many of the best bitcoin exchanges to buy bitcoin are only recently online. This means that they have had little time to get the word out about their services and products. Most people coming to this page will be asking how to buy bitcoin online through a secure means. Well, here is a good starting point.
First thing to consider when looking for the best bitcoin exchange is how safe are the website and server. A trustworthy bitcoin exchange providing transparent data about coins in cold storage (more on this later). It is also a good to look for available currency pairs: example looking to trade bitcoin for USD, Euros, or other fiat currencies. The location usually gives an idea of what is on offer. However, the largest bitcoin exchanges usually have many options for buying bitcoin with government issued currency and altcoins.
Furthering that you can simply buy as a CFD through brokerage platforms.
Although you should always do your own research before investing, below is the table of the best bitcoin exchanges to buy bitcoin online. If you are new to cryptocurrency exchanges then lookout for the ‘beginner-friendy’ column.
Secure cryptocurrency exchanges that are trustworthy and have good user ratings will rank higher than their peers. Extra points are given for sites to buy bitcoin with paypal, as many users request this feature. Ranking preference is also given for sites to buy bitcoin with credit card. Check out each option on the following best bitcoin exchange list.
1-Coinbase - Good for Beginners
Coinbase is a good gateway into cryptocurrency, especially if it is your first time buying.
The interface is very clean, making it easy to make your first purchase of bitcoin, litecoin or ethereum.
Since most cryptocurrencies must be purchased with bitcoin or ether, Coinbase is a good entry point whether you want Bitcoin or any other cryptocurrency.
Coinbase lets customers from the USA, Canada, UK, Europe, Singapore, and Australia buy with a credit card or bank account.
The fees for buying with a credit card are 3.99%, while the fees for buying with bank transfer are about 1.49%.
2-Coinmama - Fast Coin Delivery Time
Coinmama is a cryptocurrency broker that sells bitcoin, litecoin and ether for credit card. The fees are somewhat high so it may not be the best long term solution, but is a good and fast way to get started.
Coinmama supports most countries and has high buying limits, plus fast delivery time for coins. You should receive your coins within a few minutes of making payment.
3-Bitpanda - European Broker
Bitpanda is one of Europe’s largest cryptocurrency exchanges. It sells bitcoin, litecoin, ether, ripple, bcash and a number of other coins.
Bitpanda has some of the lowest fees among European Bitcoin brokers at around 3% per credit card buy, and about 1% for bank transfer.
Europeans can pay with a number of other common payment methods such as SEPA, SOFORT, NETELLER, Skrill and more.
4-Coinbase Pro - Buy With No Fees
Coinbase Pro is one of the only ways to buy bitcoin, litecoin and ether and bcash for no fees. Coinbase Pro is also owned by Coinbase and you need a Coinbase account before you can sign up on Coinbase Pro.
The main issue with Coinbase Pro is that its interface is quite confusing for new users. If, however, you plan on buying a lot of crypto then it is worth it to learn.
Users from the USA, Europe and UK can use Coinbase Pro and buy for 0 fees. GDAX also covers withdrawal fees from the exchange, too, which is a nice bonus.
5-CEX.io - Worldwide Exchange
CEX.io is a global Bitcoin exchange that sells bitcoin, litecoin, ether and a bunch of other coins.
CEX supports most countries via credit card and bank transfer so it’s a great way to make your entry into cryptocurrency.