Are you interested in investing in Bitcoin? This guide will show you how to invest in Bitcoin as well as other coins such as Ethereum, Litecoin and Dash.
To buy Bitcoins you need to use an exchange that will allow you to pay using cash if you do not currently own any cryptocurrency that can be sold for Bitcoin.
Below is a list of the best Bitcoin exchanges, some of these are limited to specific continents or regions so this will also sort the exchanges by continent but first we will look at each exchange in detail.BitPanda
BitPanda is currently Europe’s most popular Bitcoin exchange and allows you to purchase Bitcoin, Ethereum, Litecoin and Dash instantly with various methods that include bank transfers, wire transfers, credit/debit card payments, Neteller and Skrill.
Processing time takes 10-20 seconds max and full Gold verification only takes about 10 minutes and allows you to buy 10,000 Euros (£9,245) worth of cryptocurrency a day and sell up to 15,000 Euros (£13,860) worth which will come in handy when you need to cash out.
When you purchase any cryptocurrency it is then stored on BitPanda’s built in wallet (a Bitcoin wallet for Bitcoin, a Litecoin wallet for Litecoin, Euro wallet for Euros etc.) and you can easily send your coins to another wallet which I recommend if you plan to store your coins long term, I will list my wallet recommendations at the end.
A few things to note:
All European countries are supported by BitPanda and as far as I know only countries based in Europe can use BitPanda for now.
You can use any currency to buy Bitcoins and all the other coins on BitPanda but the price is calculated in Euros, you can easily use Google to convert the price, for example if you want to buy £100 worth of Bitcoin you can google “100 GBP in EUR” or “100 Pounds in Euros”.
The payment screen is in German but normally Google instantly offers to translate the page once it detects ...