If you have finally decided to own your first Bitcoin or perhaps a fraction of It, then you must be looking for some good site to fulfill this wish.
You might have done an extensive search in finding out the best plus cheapest site for buying Bitcoin. But if you are still feeling stuck- you should stop worrying. As here we are going to tell you a complete detail; of the cheapest sites to buy Bitcoins.
The cost might not be a bigger concern for you if you are an impulsive buyer.
But, if you are a smart buyer, you should check all the options, and then purchase the Bitcoin. It is so as by choosing the cheapest bitcoin site, you may end up saving (1-2%) on your purchase of $10000. And this saving could turn into a significant amount if you are going to buy tons of Bitcoin.
Lets us start with our findings of cheap Bitcoin sites where you pay the least.
First thing First
The first and foremost to keep in mind is that you will see Bitcoin prices almost the same on all the websites. You can only save your funds on the markup, deposit fees, and withdrawal fees with bit pal. It is also possible to lower down your cost based on factors such as:
- The country you are living in
- Your selected mode of payment
- The amount of time you can wait for buying Bitcoin
- Your choice to withdraw Bitcoin or use the exchange as a wallet
- Your technical tech sharpness
Here are a few things you should know:
- Selecting the option of a bank account to buy is the cheapest
- Using a credit card to buy Bitcoins is the costliest
- Trying to use P2P exchanges like Paxful or Localbitcoin is the cheapest.
You can find many easy-to-use exchanges. But you should also be ready to pay high fees (transaction fees, deposit, and withdrawal fees) which are perfect due to the ease of comfort.
Top Cheap Websites to Buy Bitcoin:
This site comes on the first number in the list of cheapest sites across the globe. But it depends on you which mode of payment you choose to fund your account, and that determines how cheap or costly your purchase would be.
Let’s say that you select bank transfer as a payment method, here you would pay zero fees for USD, EUR, and GBP. Even the transaction fees are pretty nominal.
The only drawback of this site is that it charges you a withdrawal fee. But if you keep storing your Bitcoins for a long time like many others, this should not bother you.
Understanding the whole procedure of buying Bitcoin from here is very simple and fast.
It is perhaps the most fanciful entity of the Bitcoin and cryptocurrency industry. Fully packed with all the best features of an ideal cryptocurrency exchange, it could be an ideal site for beginners and pro users as well. In its latest…