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How To Buy Bitcoin And Other Cryptocurrencies For Beginners?

How To Buy Bitcoin And Other Cryptocurrencies For Beginners?

If you are a beginner and planning to buy some Bitcoin, Ethereum, Solana, or any other cryptocurrency that you have heard of or done some research on it, then this is a complete guide for you even:

  • If you don’t know much about bitcoin and other cryptocurrencies
  • You haven’t bought cryptocurrency before
  • The process looks difficult to you 
  • You don’t know where to buy crypto

I have covered you in all cases and after reading this guide, you will be able to buy your first bitcoin or any other favorite cryptocurrency that you think can get you profit and also be worth your money.

Why You Should Buy Bitcoin And Other Cryptocurrencies?

I know there are millions of people around the world who are still asking this question from their selves and are doubtful about this new thing. However, despite people’s thinking of several theories about bitcoin and cryptocurrencies, it has revolutionized the financial status of the entire world.

In  2011, Bitcoin was the only cryptocurrency in the world at that time. And it was selling just for 10 dollars each. However, people were objecting to the price at that time because they were not assured about this. Even someone paid 10,000 bitcoins just to get a pizza in return.

Steadily, the price increased and went from $10 to $ 60K in 2021. In just 10 years, bitcoin shocked the world not only with the price jump but also with the capabilities it has that can change the way we send, and receive money.

I always encourage people to buy cryptocurrencies, especially bitcoin and Ethereum because I think it is still in the earliest stage of that revolution. You are one of those people who will have an advantage over others in the future as electric or digital currency is gaining mass adoption around the world.

Secondly, I always say that do your research before taking any action related to your hard-earned money. It is the safest way to get into the digital money trading field in 2022.

Research, decide, and buy.

How To Buy Bitcoin And Other Cryptocurrencies For Beginners?

There are several ways you can buy bitcoin, Ethereum, and other cryptocurrencies. However, it depends on factors like:

  • The country where you live
  • The payment method that you want to use for purchasing cryptocurrency
  • The cryptocurrency that you want to purchase

Some counties have banned buying and selling cryptocurrency, so there you will have to use exchanges that offer peer-to-peer exchange methods. This means that in those countries you will have to purchase bitcoin and other cryptocurrencies from other people on the exchange.

This is a little time-consuming because it is between two users but the good thing is that exchanges like Binance make every purchase secure and safe. 

There are few countries where you can buy bitcoin and cryptocurrencies more easily just with a credit/debit card. You can check a complete guide on this process and finally get a bitcoin and any other digital currency that you want to invest in. 

Purchase Bitcoin and Other Cryptocurrencies With Credit Card

It is one of the fastest ways to buy bitcoin and any other crypto assets with your credit card. But it depends on whether your credit card provider allows such transactions or not. 

Buy-Bitcoin-With-Credit-Card-For-Beginners.

You need a credit card company and a crypto exchange that both allow you to buy bitcoin with a credit card. For example, Coinbase allows you to buy bitcoin with a credit or debit card only if your card provider supports “3D secure. 

If it allows users to buy bitcoin then it becomes very easy to buy bitcoin even if you are a beginner. 

No matter…

Just go to the following websites and get your bitcoin instantly.

  • Binance
  • Coinbase
  • Coinmama
  • CEX.

Buy Bitcoin And Other Cryptocurrencies Using Your Paypal 

Using your papal account, you can also purchase bitcoin Ethereum, ripple, and other digital assets. It is also one of the easiest ways to buy bitcoin and cryptocurrencies. 

You can check this guide about buying bitcoin with your PayPal account.

However, this method also has some limitations like the country you are buying bitcoin and Ethereum from. Do not worry there are several other methods as well that you can use to buy bitcoin and digital currencies so you do not need to be upset if you are not capable of buying bitcoin with PayPal.

Buy Bitcoin And Other Cryptocurrencies From Crypto Exchanges

It is the best way for beginners to buy bitcoin and other cryptocurrencies due to multiple reasons. Several coins are not available on other websites but exchanges offer them to users. That is why exchanges are my favorite place to buy bitcoin crypto in a matter of time.

Exchanges are beginner-friendly due to multiple reasons such as:

  • Clear user interface
  • More currencies
  • Multiple payment methods
  • Different prices

The best part is that you can use these exchanges to sell your cryptocurrencies like bitcoin, Ethereum, Solana, and more in just a matter of time. There is nothing complicated in buying bitcoin from an exchange. Though it is not such straightforward as the websites that sell bitcoin, it is not complicated as well.

That is why I recommend the method of buying bitcoin and several other cryptocurrencies from exchanges like Binance, Coinbase, Kraken, and Houbi Global, which allows you to sell your crypto.

That way beginners can earn some money by trading the crypto on these exchanges. Especially Binance is the exchange with the highest liquidity which allows you to sell your crypto at a rate that you want.

 Here is how you can buy bitcoin and digital assets on each exchange:

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