How to Buy Bitcoin Online

How To Buy Bitcoin Online Bitcoin Quirks

When Bitcoin first emerged on the scene in 2009, buying Bitcoin directly was impossible. Obtaining Bitcoin would have to come from ASIC mining or market place exchanges.

Fast forward to today, there are a plethora of companies that offer you the ability to buy Bitcoin online. Buying this digital gold has its benefits. Many individuals look for the chance of riches while others use Bitcoin for commerce and trade.

Being Able to Buy Bitcoin

Before signing up with any platform that offers you the ability to buy Bitcoin using your fiat currency, just know that identification is now required for at least 80% of all platforms. Because of theft, hacking, and scams, KYC (know-your-customer) is required. Make sure you have legal identification, a checking account, and at least a debit card. With all of those items, you will be able to buy Bitcoin.

Online Platforms for Buying Bitcoin

No matter your reason for wanting Bitcoin, we provide you with a list of platforms that will allow you to buy Bitcoin with a credit card, debit card, and bank account. Please note, the platforms in the list below will only be available to you depending on the region of the world you live in.

Coinbase Bitcoin Wallet

Coinbase

Coinbase is one of the leading platforms for Bitcoin and cryptocurrency trading. Coinbase allows you to Buy, Sell, Send, Receive, and Trade cryptocurrencies. The digital coins that they offer services to are Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and Ripple. Each digital coin offered on their platform comes with a unique Wallet Address that you can use to receive transactions from.

Coinbase gives you the ability to create as many unique wallet addresses as you like. You can label each of your generated wallet addresses for tracking or analytical purposes. Coinbase makes having a digital wallet very easy, especially since you can buy digital coins instantly with a credit card or debit card. The minimum to fund your wallet is $1 versus other services that charge a minimum of $50.

Coinbase is known for having an excellent online platform to use. The layout is easy to understand and processing transactions are fast and secure. They also offer a comprehensive and user-friendly mobile app as well if you find yourself using your mobile phone more often than your computer.

Features

  • Buy Bitcoin
  • Buy and Manage up-to 10+ Cryptocurrencies
  • Supports Debit Cards, Credit Cards, and Bank Transfers
  • Send / Receive / Exchange / Trade (Coinbase Pro)
  • Wallet Address
  • Online & Mobile App

Sign-up with Coinbase here
Get $10 Free in Bitcoin with a deposit of $100 or more


Cashapp - Bitcoin & Stock Investment Platform

Cashapp

One of the largest money sending app in the United States is none other than Cashapp. With the ability to send and receive money from family, friends, and business associates, no wonder why it has become so popular. Cashapp also adds the social element which incorporates usernames and profile images.

One of the defining features of Cashapp is the debit card they provide you. You can instantly use the profits you receive for in-store and online purchases. While cash is still king, Cashapp allows you to Buy and Sell Bitcoin. You can purchase Bitcoin with a click of a button through the mobile app. If you don’t want to spend a dime, convert your earning (money sent to you) into Bitcoin.

The number of features continues to grow with this popular app. Other banking apps are taking notice and may jump aboard the crypto train soon.

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Bank Account
  • Withdraw to External Wallet Address
  • Convert Between Cash & Bitcoin
  • Debit Card for Cash

Sign-up with Cashapp here.


Gemini

Gemini

Gemini is a crypto trading platform that works online but even better through the mobile app. Gemini allows you to buy and sell Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Zcash on their platform. Gemini is straight forward and easy to use. To get started, simply sign-up and verify your account with a wire transfer from your bank.

Once your account is verified, you can buy, sell, trade, send, and receive Bitcoin. One feature that is popular on the platform is recurring buys. You can schedule when you want to automatically fund your account with Bitcoin or all the digital assets together. As the market grows, so will your account with your recurring purchase of digital assets.

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Bank Account
  • Purchase Digital Assets
  • Recurring Buys
  • Withdraw to Bank Account

Sign-up with Gemini here.


Binance Trading

Binance

Binance is one of the leading crypto exchange platforms on the internet. Their main focus is to provide users with the ability to trade a variety of cryptocurrencies. There are over 100+ digital assets on the platform to exchange. Convert Bitcoin into Binance Coin or any other cryptocurrency by entering a trade where you will Sell one coin and instantly purchase the other. You will see values such as BTC-BNB which is also known as pairs. This particular pair is converting Bitcoin into Binance Coin. If the value is viewed as BNB-BTC instead then you are selling Binance Coin into Bitcoin.

Binance allows you to trade on a variety of platforms. If you are online, you can use their website to perform trades. If you are an advanced user who uses platforms like Arbistar or Tradesanta, you can connect to those platforms using an API and trade from there. Binance also offers a desktop app and mobile app which will allow you to buy Bitcoin or conduct your exchange operations.

Features

  • Buy Bitcoin
  • Send / Receive / Exchange / Trade
  • Supports Debit Cards and Credit Cards
  • Wallet Address
  • Online & Mobile App

Sign-up with Binance here.


Robinhood - Crypto & Stock Investments

Robinhood

Robinhood is a commission-free trading platform that allows you to buy stocks from all over the world. One of the newest features of the platform is the ability to Buy and Sell Bitcoin. Other digital currencies that you can purchase on the platform are Ethereum, Ethereum Classic, Litecoin, and Bitcoin Cash.

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Bank Account
  • Support Purchasing Other Digital Assets
  • Withdraw to Bank Account
  • Buy Stocks

Sign-up with Robinhood here.


Abra Bitcoin Wallet

Abra

Abra makes investing in cryptocurrencies very easy. The minute you sign-up, you can instantly fund your account via debit card, credit card, American Express card, and or a crypto deposit. You can deposit funds via your bank account as well, but that should take 1-2 business days for funds to reach your Abra wallet. Once funded, you will be to exchange between digital assets or use as payments by withdrawing to any external address.

Abra allows you to invest and manage over 30 cryptocurrencies. Build your portfolio any way you see fit. Their platform is private and secure, the wallet provided to you is backed by the Bitcoin blockchain. This means you can safely hold your digital assets using your Abra Wallet.

Abra provides one of the best mobile app experiences for a Bitcoin & Cryptocurrency wallet. The user interface is well designed and easy to use. You will be able to set up your portfolio quickly. Abra is available in 150 countries and growing. You can get started with Abra today by downloading the mobile app from the Google Play or Apple Store.

Features

  • Buy Bitcoin
  • Buy and Manage up-to 30 Cryptocurrencies
  • Supports Debit Cards, Credit Cards, American Express, and Bank Transfers
  • Send / Receive / Exchange
  • Wallet Address
  • Mobile App Only

Download Abra Wallet Today


Circle - Crypto Investment Platform

Circle

Circle is platform that allows you to buy and sell Bitcoin and other digital assets. Similar to Gemini, Circle allows you to set up recurring orders to automatically fund your account with cryptocurrencies. Circle makes it extremely easy to get started and fund your account. You simply connect a Bank Account to start funding your account right away.

Circle allows you to invest in bulk with 4 collections which all contain digital assets. You can choose to do a one-time purchase or a recurring purchase to the following collections: The Market, Payments, Platforms, and Privacy. The Market collection consists of all the 13+ digital assets on the platform. While the other collections have only a select amount of digital assets to choose from.

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Bank Account
  • Purchase Digital Assets
  • Recurring Buys
  • Withdraw to Bank Account

Sign-up with Circle here.


Changelly

Changelly

The Changelly platform is best known for converting or exchanging cryptocurrencies. You can convert Bitcoin into any one of the available digital currencies on the market such as Litecoin, Bitcoin Cash, Ethereum, and more. You can also convert other digital coins into Bitcoin. All you need is a funding account and a withdrawal address and your all set.

Because of the ease and straightforwardness of exchanging cryptocurrencies, the next big step for the platform was to do the same for purchasing Bitcoin. On Changelly, you can instantly buy Bitcoin with a Credit Card or Debit Card. Those funds are then sent to your Bitcoin Wallet Address.

Note that many Banks will require pre-authorization or verification before you can make a purchase. This is because of the high volume of scams that takes place on the internet everyday.

Features:

  • Buy Bitcoin – Debit Card & Credit Card
  • Withdraw to External Wallet Address
  • Convert Bitcoin & Digital Currencies
  • Minimum Bitcoin Purchase: $50

Buy Bitcoin with Changelly here.


Uphold

Uphold

One company is looking to challenge the supremacy of Coinbase, and that is none other than Uphold. Uphold allows you to buy and sell Bitcoin as well as purchase over 24 other cryptocurrencies. Like Coinbase, you can also transfer and convert Bitcoin to and from other digital coins. This platform also allows you to send and receive Bitcoin to other Uphold members or by using a Wallet Address.

If buying cryptocurrency isn’t enough, Uphold allows you to earn 3 – 10% return on your digital currency holdings. Your digital assets won’t only grow from the market but will grow in your account as well.

What stands out the most with Uphold is that not only can you purchase cryptocurrencies, but you can also purchase precious metals such as Gold and Silver. The features don’t stop there, you can also purchase and use other fiat currencies. You can fund your account with other fiat currencies as well, you are not restricted to just one from your country.

Uphold currently doesn’t support cryptocurrency transactions in New York. (10/3/19)

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Debit Card, Credit Card, & Bank Account
  • Purchase & Trade Digital Assets
  • Personal Wallet Address
  • Withdraw to External Wallet Address
  • Withdraw to Bank Account

Sign-up with Uphold here.


Kraken

Kraken

Kraken is an online trading platform that gives you the ability to buy and sell Bitcoin and other digital currencies. Kraken is user friendly and it has easy to follow steps to verify your account and get started right away. The lowest verification method on Kraken allows you to Buy, Sell, and Transfer your digital assets. Higher verification methods will allow you to withdraw any profits you receive from trading into your Bank account.

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Debit Card, Credit Card, & Bank Account
  • Purchase Digital Assets
  • Personal Wallet Address
  • Withdraw to External Wallet Address
  • Withdraw to Bank Account

Sign-up with Kraken here.


Blockchain

Blockchain

Blockchain is one of the emerging leaders in the Bitcoin business. First starting out as a Blockchain Bitcoin Wallet, now accepts the ability to Buy and Sell Bitcoin. Blockchain supports other digital currencies such as Bitcoin Cash, Ethereum, and Stellar.

Blockchain requires verification before Buying and Selling. Also note that Buying and Selling is restricted in New York, US. (10/3/19)

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Debit Card & Credit Card
  • Personal Wallet Address
  • Withdraw to External Wallet Address

Sign-up with Blockchain here.


Bitit

Bitit

Another strong competitor to Coinbase is a company called Bitit. Bitit allows you to buy and sell Bitcoin as well as other cryptocurrencies in it’s network. Sign-up is easy and it requires verification before purchasing any digital asset can be made possible. You are allowed to purchase Bitcoin with any Debit Card or Credit Card that has a Visa or Mastercard logo.

Other funding methods include EUR Wallet where you can fund your account with a European Bank Account, and Cash VoucherBuy with cash using Cashlib and Neosurf vouchers found at over 150,000 stores. The Bitit platform has a clean and easy to use interface and provides an organized view for all over your digital assets.

Features:

  • Buy / Sell Bitcoin
  • Buy Bitcoin with Debit Card, Credit Card, & Bank Account
  • Purchase & Trade Digital Assets
  • Personal Wallet Address
  • Withdraw to External Wallet Address
  • Withdraw to Bank Account

Sign-up with Bitit here.


Xcoins Buy Bitcoin

xCoins

xCoins is a lending service that allows you to purchase Bitcoin with a credit card, debit card, and PayPal. xCoins is one of the only services to offer transactions using PayPal which millions of people and businesses use daily. The process is instant and only takes a few minutes to do.

xCoins provides you with your very own wallet to send and receive Bitcoins from. Another feature of their service is they allow you to become a Bitcoin Lender. With a PayPal account, you can receive profits from sell transactions. xCoins has an affordable miner fee of 0.0002 BTC to purchase Bitcoin. The minimum purchase amount is $20.

Features:

  • Buy Bitcoin – Debit Card, Credit Card, and PayPal
  • Personal Wallet Address
  • Withdraw to External Wallet Address
  • Become a Bitcoin Lender
  • Minimum Bitcoin Purchase: $20

Sign-up with xCoins here.


Paybis Buy Bitcoin

PayBis

PayBis is the swift army-knife for buying Bitcoin and cryptocurrencies. Buy Bitcoin instantly with various payment methods such as debit cards & credit cards, Skrill, Neteller, PerfectMoney, and Payeer accounts. You have the option to use a bank transfer by wiring money as well. When crypto is purchased, it then gets sent to your wallet address. The minimum payment for purchasing is $70.

What makes this service stand out the most from its competitors is the ability to send Bitcoin directly to your Debit Card & Credit Cards. That means you don’t have to wait 5-7 business days for an ACH transfer or hours using a Wire Transfer. Get your funds in minutes. You have the ability to also send your digital funds to your Skrill, Neteller, Payeer, and PerfectMoney accounts.

The only service that needs to be included in this system is PayPal. Hopefully, they can add that soon.

Features:

  • Buy Bitcoin – Debit Card, Credit Card, Bank Transfers, Skrill, Neteller, PerfectMoney, and Payeer
  • Send Bitcoin directly to Debit Card, Credit Card, and Bank Account
  • Minimum Bitcoin Purchase: $70

Buy Bitcoin & Crypto’s with PayBis here.

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