Introduction
Have you ever wondered how to buy the most popular Cryptocurrency – Bitcoin? Would you like to learn about the best payment method available for buying Bitcoin from an exchange? Then you need to read this work carefully to learn how to do so. You will also learn from this work the most secure payment to buy Bitcoin such as Credit and debit cards, Wire transfers, PayPal and Bitcoin ATM. We have further added in this work, the list of the best crypto exchanges to buy Bitcoin to make it easy for the reader to choose which exchange is best for him to buy Bitcoin instantly today.
Best Payment methods to buy Bitcoin
There are four best payment methods to buy Bitcoin from an exchange today such as:
- Credit and debit cards
- Wire transfers
- PayPal and
- Bitcoin ATM
How to buy Bitcoin with Credit and Debit cards
Buying Bitcoin with either Credit or Debit cards has become the most popular method of buying Bitcoin today. To buy Bitcoin with this method, you will first need to create an account with a crypto exchange of your choice and complete the identity verification process required by the exchange. Once completed, you can now proceed to the deposit options listed by the exchange and select Credit/debit card. Here you will be required to enter your card details. Once this is completed, you will have to indicate the amount to be deducted from your card. This will be converted to Bitcoin and added to your account on the exchange.
How to buy Bitcoin using Wire transfers
Buying Bitcoin via wire transfer is the most common method of buying Bitcoin from an exchange today. To buy Bitcoin using this method, you will first need to register an account with the exchange.
Once your account has been approved, you can now transfer money to the exchange account. The money will be added to your account as USDT. Afterwards, you can proceed to buy Bitcoin with it from the exchange.
How to buy Bitcoin using PayPal
Buying Bitcoin with PayPal could be considered the fastest method of buying Bitcoin today. To buy Bitcoin with this method, you will have to register an account with an exchange and complete the verification process.
Next, you will have to choose Bitcoin in the spot trading position and click buy. Then choose PayPal as your payment option and scan the exchange code to make the payment or copy their details to make the transfer. Once this is completed the purchased Bitcoin will be added to your account on the exchange.
How to buy Bitcoin with Bitcoin ATM
Buying Bitcoin with Bitcoin ATM is one of the easiest means of buying Bitcoin today. The only challenge in buying Bitcoin using this method is that it is not available in all countries.
To buy Bitcoin using the Bitcoin ATM, you will need to register with the Bitcoin ATM service provider if it exists in your area.
Next, you will need to fund your ATM using the deposit methods provided such as cash deposits or transfers. Once you have funded your Bitcoin ATM, then you can always insert your Bitcoin ATM into the Bitcoin ATM machine nearest to you and indicate the amount of Bitcoin you want to buy as well as the receiving wallet. Once you have supplied these details, the total amount of Bitcoin ordered will be transferred to your wallet address immediately.
List of Best Ten Crypto Exchanges to buy Bitcoin
- Binance
- eToro
- Capital.com
- Kucoin
- Gemini
- Coinbase
- Kraken
- FTX
- Coinmama
- Cex.io
