How to Buy Cryptocurrency Online
Invest in Bitcoin, Ethereum, LiteCoin or Any Other Cryptocurrency
Our Top Recommendations for Buying, Selling, and Storing Cryptocurrency
No.1: Coinbase – Receive $10 USD of Free Bitcoin Using the Coinbase Referral Program
Coinbase is probably the most popular US-based cryptocurrency exchange and is highly recommended for new users looking to buy and hold digital currency (as opposed to trading). It offers a reliable service, intuitive platform, and mobile app. Coinbase does accept worldwide customers; see their complete list of countries here. For deposits and withdrawals, simply and securely link your bank account or debit card.
Currently, the Coinbase referral program offers $10 USD of free bitcoin to each new user provided that the new user purchases their first $100 of cryptocurrency with 180 days. This means you don’t have to buy $100 worth all at once but can spread it out over several purchases. The offer expires within the first 180 days of signing up, but if you are new to cryptocurrency investing, it’s an excellent opportunity to tack on an extra 10% to your first $100 investment in any cryptocurrency.
Use the link below to sign up and receive your $10 bonus and check out our blog post on how to sign up for Coinbase if you are looking to get started:
In addition to the cryptocurrency you buy there, Coinbase will also act as a wallet for any coins that you might wish to receive from elsewhere. Coinbase currently trades in only four digital currencies: Bitcoin (BTC), LiteCoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH). If you are looking trade any coin, look no further than…
No. 2: Binance – Welcome to the Wide World of Digital Currency
Binance is a highly recommended site that offers an advanced trading platform for exchanging hundreds of different coins. Binance offers both basic and advanced trading screens and opens up the entire world of cryptocurrency trading to the user.
It is important to note that Binance does not accept fiat money (legal tender). Deposits and withdrawals must be made in a cryptocurrency denomination. For new users, this means you must have a cryptocurrency wallet setup on another exchange or locally, which you would then use to fund your Binance account. For example, purchases of bitcoin or ether made on Coinbase (or any other exchange) can be transferred to your Binance wallet and used for trading with other coins.
If you are looking for complete access to the cryptocurrency market and up to the minute investment news and analysis, Binance’s detailed charting and real-time trading information makes it an attractive option.
No. 3: ezBTC – Ô Canada! (And the Rest of the World Too)
One of our favorites for buying and selling Bitcoin as well as various other altcoins is Canada-based ezBTC. They’ve climbed up our list as of late for several reasons:
- Canadian exchange that trades dozens of different cryptocurrencies.
- Open to customers worldwide!
- Coinbase made the decision to stop buying from its Canadian customers, which was possibly related to issues with a US-based exchange paying out to Canadian bank accounts. ezBTC offers a great alternative.
- Doesn’t charge fees for electronic deposits and withdrawals (US customers may want to consider it for this reason).
- Pays out to Canadian bank accounts.
Get started here with ezBTC. Their registration is quick and non-intrusive.
No. 4: Paxful – Ô The Reigning King of Payment Methods
Paxful is another reliable, US-based exchange. They now offer the most payment method options for purchasing Bitcoin, and you can buy some right now using the virtual kiosk on this page. Purchase Bitcoin using various payment methods, including:
- Most well-known gift cards
- Cash deposits to Western Union, MoneyGram, your bank, and more
- Online transfers through PayPal, Skrill, and many more
- ANY credit/debit card
Are you ready to open a trading account with Coinbase? Maybe this is your first venture into the cryptocurrency market and you’re not sure what to expect when signing up with a cryptocurrency exchange. We wouldn’t recommend Coinbase if it weren’t an...read more
Since the inception of the internet never has there been a technology with the potential to abolish vast amounts of record keeping while, at the same time, saving money and disrupting the IT sector as a whole. Much like open source software a quarter of a...read more
As with any other form of currency, it’s important to adopt good practices to protect your investment in cryptocurrency. Bitcoin or other digital currency wallets act as the digital equivalent to the leather billfold you carry around in your pocket....read more