There are near to hundreds of exchanges and websites which sell bitcoins and through which you can easily buy bitcoins and other cryptocurrencies easily. Some exchanges have shorter process while on the other hand, some exchanges need you to go through a long process to be able to buy bitcoins.
Certainly, there are exchanges which provide the best way to buy bitcoin but checking out every website’s user interface and the process to buy bitcoins that suits your needs perfect is dumb.
Well, to make your work a little less, I will cover up a few methods and ways to buy bitcoins. You can choose any method and process you feel is the best for you. And also I will tell you the best way to buy bitcoin from my perspective.
4 best way to buy Bitcoins
1. Buy Bitcoin with a Credit card
A credit card is one of the best option to buy bitcoins. If you have a credit card which is accepted globally. Then you won’t be facing any problems while you purchase bitcoins no matter which country you are from.
In some countries, bitcoin is banned, and there is no way you can buy bitcoins using your credit card in that country. You’ll specifically have to use a different payment method.
But when you have a credit card you can simply choose any exchange which is located elsewhere apart from the country where it is banned, And you can easily be able to buy bitcoins. If you want to buy bitcoins using a credit card, I recommend you read the below-linked article.
2. Buy Bitcoin with Debit card
Majority of the people worldwide have a debit card. And thus it would be easier for them if the exchanges accepted debit cards as a payment option.
Yet there are still a few drawbacks of debit cards such as you can only make payments within your country and if your country has a bitcoin ban, then it’s not possible at all to buy bitcoins.
Only if you have a globally accepted debit card, you can buy bitcoins in a few exchanges. And people possing a globally accepted debit card are very less.
If your country has no ban on bitcoins and if you wish to buy bitcoins with a debit card. Then I would recommend you go for exchanges which provide support within your country.
Or else you can give a try for these exchanges.
3. Buy Bitcoin using Paypal
Paypal is one of the widely used payment methods. And anyone having a PayPal account can buy bitcoins and other cryptocurrencies from any country they live in.
The benefit of PayPal is, it accepts all debit/credit cards and bank accounts. So, if you have a debit card and can’t buy bitcoins. Then it’s a good choice to use PayPal. To know how to buy bitcoins using PayPal read the below-linked article.
4. Buy Bitcoin anonymously
Many people today look to buy bitcoins anonymously. They just don’t feel like providing their personal information on the exchanges.
If you’ve never bought any bitcoins from exchanges, you should know that they require you to register yourself first and provide your personal information such as Id proofs, photo proofs etc.
And this is what many people are not comfortable with and they search for ways to buy bitcoins anonymously. If you want to buy bitcoins anonymously, I recommend you read the below-linked article.
My perspective of the best way to buy Bitcoin
For me, the best way to buy bitcoin is by using PayPal. Because it’s much easier and reliable to make transactions. Plus PayPal accepts all debit/credit cards and bank accounts which is a good option if you don’t have a credit card or if you have a debit card which is not globally accepted. In this case, you can simply link your account with PayPal and buy bitcoins easily.
You can choose any of the methods mentioned above you feel suits your needs to buy bitcoins. I’ve also given a link to every method so that you can see which exchanges support the payment type.
Do comment below and let me know which is your best way to buy bitcoin. If you have any questions, feel free to ask them in the comments section below.