Disclosure
Contents on this site will contain reference to products and services from our partners. We may receive compensation when you click on some links - at no extra cost to you.
How to Buy Bitcoin

In this guide, we’ll show you how to buy Bitcoin easily and safety. We’ll cover the process step-by-step and introduce you to some of the best places to buy the pioneer crypto, discusses whether now is the best time to buy Bitcoin, and goes over the most popular methods of buying Bitcoin safely.

By the end of this beginner guide to investing in Bitcoin, you will also have learnt about the best time to buy the crypto asset and understood whether it is possible to buy BTC anonymously.

How to Buy Bitcoin Easily and Safely

Do you want to jump straight to buying Bitcoin right now? Follow this simplified Bitcoin buying process that teaches you how to invest in cryptos like BTC on the popular eToro crypto brokerage.

  • Step 1: Create a crypto account: Open the official eToro website and choose to create a crypto trader account with the exchange. Fill out the registration form and verify your identity.
  • Step 2: Fund the account: Deposit funds into the account. There are many supported payment options, and you can start buying Bitcoin with as little as $10.
  • Step 3: Buy Bitcoin: Find Bitcoin from the list of supported cryptocurrencies on eToro and hit the “Buy” button.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Hereinbelow, we will provide you with a more detailed step-by-step guide to buying Bitcoin and some of the best cryptos on eToro. But first, we discuss where to buy Bitcoin and everything else you need to know before investing in the pioneer virtual currency.

Where to Buy Bitcoin – Best Crypto Exchanges

There currently are hundreds of crypto trading platforms and the majority support Bitcoin trading. This makes the search for the best place to buy Bitcoin in the US and around the world overwhelming, especially for novice investors.

To help you get started though, we vetted tens of the most popular and most reputable crypto trading platforms and came up with a list of what we consider the five best Bitcoin exchanges in the world today.

Here is a brief overview of each.

1. eToro – Overall Best Pace to Buy Bitcoin Today

eToro launched in 2007, first as a forex brokerage, and only onboarded cryptocurrencies in 2013, starting with Bitcoin.

A decade later, it has morphed into one of the largest and most popular crypto trading platforms and one of the best CFD brokers in the world, used by 30+ million investors. And this popularity can be attributed to a number of factors, including its multi-regulated status, noting that it is licensed and regulated by the likes of SEC, FCA, ASIC, CySEC, and more.

Buy Bitcoin on eToro

But these are far from being the only reasons why eToro ranks this high among the best places to buy Bitcoin. It also makes it here because of its user-friendliness and appeal to both novice and pro investors. And it achieves this by maintaining a quick and straightforward client onboarding process, a low minimum trade limit – of $10, a demo account, and integrating advanced trade, risk management, and analysis tools.

Why Buy Bitcoin on eToro?

eToro also ranks high among the safest Bitcoin exchanges because it commits to keeping your data and private keys safe. The exchange claims that it doesn’t share personal client data with third parties. It then provides users with two free crypto wallets.

First is a custodial exchange-based wallet that holds 90%+ of client funds in an ultra-secure offline vault. You also get the non-custodial wallet app – also known as eToro Money – which encrypts your private keys before depositing them into the root storage of your phone.

eToro Best Bitcoin Wallet for iPhone

You would also like to use eToro exchange because it supports a decent range of crypto assets. In addition to Bitcoin, you can buy 70+ other digital assets. You can even buy meme coins like Dogecoin on eToro. Plus, the trading platform lets you buy crypto with credit cards and equally popular payment methods like debit cards, bank transfers, and eWallets like Skrill.

Other reasons why you may consider buying Bitcoin on eTor0 include its cost-friendliness and support for social and copy trading. When buying any of the best altcoins to explode, for example, eToro will only charge you a fixed fee of 1% of the transaction volume. You then have the option of earning passively when you copy trades or portfolios of highly successful traders on the platform.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

2. Binance – Buy Bitcoin on the Most Liquid and Affordable Crypto Exchange

Binance is the largest, most popular, and most liquid exchange in the world. It is also the most liquid Bitcoin exchange in the world. At the end of 2022, for example, Binance had more than 120 million registered users and 92% of all spot Bitcoin trading was taking place on the platform. Additionally, close to 55% of all spot crypto trades took place on the exchange in January 2023.

Binance Best Place to Buy Bitcoin

We, however, considered more than liquidity when deciding to feature Binance on our list of the best places to buy Bitcoin right now. We also liked the fact that the crypto exchange is user-friendly and supports a wide selection of cryptocurrencies – more than 400 and 1000+ crypto pairs.

Its appeal to users starts with the straightforward client onboarding process, extends to its easily navigable interface, and flows over to its peer-to-peer trading platform.

Why Buy Bitcoin Via Binance Exchange?

We liked the fact that Binance integrates multiple passive income-generating avenues. These include Simple Earn, Staking, Yield Farming, Dual Investing, and more. You might also like the fact that through its peer-to-peer trading platform, you can buy Bitcoin with PayPal and more than 700 other fiat payment options available throughout the world.

Binance is also committed to the safety of your data and funds. For starters, it doesn’t share personal information with third parties. Further, Binance provides its clients with a free custodial wallet and also insures their funds.

Binance Crypto Exchange

The exchange-based wallet holds more than 95% of client private keys in ultra-secure offline vaults. It then operates a $1 Billion private insurance fund for its clients – referred to as SAFU.

Other factors making Binance one of the best places to buy cryptocurrencies include its affordability. You, for instance, will not pay any transaction fees buying Bitcoin with USD on Binance. All other Bitcoin pairs and crypto trades are subjected to a highly competitive (volume-based) fee of between 0.1% and 0.012% – with a 25% discount if you settle the fee using BNB coins.

3. Coinbase – Most Beginner-Friendly Bitcoin Exchange Today

Coinbase is arguably the best crypto exchange in the US. It is also a top exchange in the 100+ countries it operates in. In these crypto markets, Coinbase is famed because of its deep liquidity, support for a wide selection of crypto assets, beginner friendliness, competitive trading costs, and security.

The exchange’s beginner friendliness is evidenced by its quick and straightforward account opening process as well as its highly navigable trading interface. It also integrates a comprehensive educational resource that includes the learn-to-earn program, which rewards you with free coins when you complete different crypto courses and programs.

Coinbase Bitcoin Wallet

Coinbase also ranks this high among the best Bitcoin exchanges because it supports a wide selection of cryptocurrencies. Today, you can buy and sell hundreds of the best future cryptocurrencies – from established coins like Bitcoin and Ethereum to new cryptos like ApeCoin.

Moreover, you can buy these cryptos using popular fiat payment options, including PayPal, credit card, debit card, or bank transfer. And the minimum trade amount is set at $2.

Like most popular crypto trading platforms, Coinbase has integrated several measures aimed at keeping your crypto and personal information secure. These include a strong password for your account with two-factor authentication. It also provides you with two free crypto wallets – an exchange-based wallet that stores 98% of your crypto assets offline and an equally secure mobile app wallet.

4. ByBit – Best Place to Buy Bitcoin and Earn Passively

Several factors make ByBit one of the best places to buy Bitcoin in the world today. First is its deep liquidity, as evidenced by the fact that the exchange has consistently ranked among the top five most liquid crypto exchanges in the world. We also liked the fact that ByBit integrates a wide range of features, including multiple passive income-generating avenues.

ByBit integrates multiple DeFi services that you can leverage and grow your crypto investment. These include ByBit Savings, which pays competitive interest on your locked crypto, as well as yield farming on different liquidity pools and Dual Asset investing.

Bybit crypto exchange

ByBit also integrates a copy trading feature as well as the trading bot, which you may use to automate your crypto trades. You also get to interact with its crypto lending tool, which has a high Loan-to-Value ratio – up to 70%. Not forgetting that they also have a launch pool that allows you to invest in the next cryptos to explode early.

You would also like to use ByBit because of its user-friendliness. It, for instance, has one of the most navigable trading interfaces. Plus, it is a multi-platform exchange – available as a web trader and as an Android and iOS mobile crypto app.

ByBit also supports a wide selection of crypto assets – more than 800 and 1000+ crypto pairs. And it presents you with multiple ways of buying crypto on its platform. These include the one-click buy option, which lets you buy Bitcoin and other digital assets in seconds.

You can also buy crypto with credit cards or bank deposits on ByBit, and if you prefer using such popular payment options as PayPal and other international payment options, use the ByBit P2P trading platform.

5. WeBull – Buy Bitcoin with as Little as $1

WeBull is one of the most beginner-friendly investing platforms in the US. Originally created to facilitate stocks, ETFs, and Options trades, for the US-based investor, WeBull eventually onboarded digital assets.

Among the factors that help WeBull stand out as one of the best places to buy cryptos is its affordability. It, for instance, has no minimum deposit limits. You can start buying the best altcoins on the platform with as little as $1.

Buy Bitcoin on Webull platform

Further, the brokerage doesn’t charge any commission on your crypto trades. You will only pay a transaction fee of 1% of the trading volume. Note, however, that you can only buy crypto with ACH checks or bank transfers as the trading platform doesn’t support credit card or eWallet deposits.

Another factor that helps WeBull feature in our list of the best Bitcoin exchanges is its support for IRAs. It is one of the few online crypto trading platforms that will let you add cryptos to an IRA. Plus, you also get to margin trade cryptos with a minimum account balance of $2,000.

Should I Buy Bitcoin Now?

There are many reasons why anyone should consider investing in Bitcoin today. But the one that carries the most weight is the fact that BTC has outperformed every other investment class in the last decade. It has maintained an overall uptrending price action since launch, rallying by more than 100,000%.

Bitcoin Logo

Listening to most experts and finance coaches, you will notice that the question has since shifted from whether to invest in Bitcoin to how much you should consider investing in cryptos. Most of these advise you to convert at least 1% of your portfolio to crypto. Or as high as 40% for the more risk-tolerant investor.

That said, there are a number of factors you need to pay attention to when buying Bitcoin. First has to be the volatile nature of the digital currency, which plays a key role in determining price and, by extension, the best time to buy Bitcoin. The second is the security of your digital assets. And in this case, we encourage you to consider investing in ultra-secure hardware crypto wallets.

Benefits of Buying Bitcoin in 2024

For some time now, Bitcoin has consistently topped the list of the best crypto to buy and a growing number of individuals and institutions are currently rushing to add the virtual currency to their portfolio. In this section, go over the top reasons you, too, should consider investing in Bitcoin.

Potential for outsized capital growth

You are likely to record higher than average gains on your capital when you invest in Bitcoin. As we mentioned above, Bitcoin has outperformed every other asset class and has the ability to record double-to-triple percentage gains in value within a short period of time. If you invested in Bitcoin at the beginning of 2023, when it was selling for $16,500, you would have grown this investment by close to 200% by the end of the year.

Low-cost cash transfers

By investing in Bitcoin, you also benefit from low cash transfer costs – for both local and international transfers. It also helps you evade the bureaucracies associated with fiat cash transfers, especially if you are moving significant amounts of money. This is made possible by the fact that you do not need a third party to authorize the transfer and the only charge you will part with is the often negligible Bitcoin network fee.

Easy to acquire, use, and liquidate 

Another benefit of investing in Bitcoin is that it is easier to acquire, use, and liquidate than most other asset classes. Today, there are countless exchanges that facilitate the purchase and sale of Bitcoin, and some make it possible to buy or sell an unlimited amount of virtual currency in minutes. Additionally, the number of e-commerce and main street stores that accept BTC as a payment method is on the rise.

Absolute control and access to your capital

Bitcoin is the only asset that gives you absolute ownership rights, access, and control over your investment. The decentralized nature of the Bitcoin network also makes it impossible for governments to freeze your assets.

Diversify Portfolio

Bitcoin is also one of the best assets to turn to when looking to diversify your investment. In fact, a growing number of investment experts and personal finance coaches have been advising their clients – both individual and institutional investors – to consider adding Bitcoin and equally lucrative cryptos like Ethereum, Solana, Uniswap, and Ripple to their portfolios.

Earn passively on Your BTC holdings

You may also consider investing in Bitcoin because it presents you with multiple passive income-generating ideas. You, for example, can earn passively with Bitcoin when you stake the digital asset, contribute to BTC-paired liquidity pools, through crypto lending, and more.

Popular Methods of Buying Bitcoin

The majority of Bitcoin exchanges have oversimplified the crypto-investing process. They have not only narrowed it to just a few steps, with some making it possible to buy Bitcoin instantly but also introduced multiple ways of investing in the crypto asset.

Here are some of the most common ways of buying cryptos:

Buy Bitcoin with PayPal

Buy crypto via PayPal

There are three primary ways of buying Bitcoin with PayPal. First, you can buy the digital asset and such other cryptos as Litecoin, Bitcoin Cash, and Ethereum directly on the PayPal website or app. You may also buy Bitcoin with PayPal on popular exchanges that support the payment method. You may also buy Bitcoin with PayPal on most exchange-provided peer-to-peer trading platforms.

Buy Bitcoin with Credit Cards and Debit Cards

A growing number of crypto exchanges will also let you buy Bitcoin with credit cards or debit cards. These support card payments not just because of their convenience but also because of their accessibility. Buying Bitcoin with cards is, for example, near-instant and most exchanges do not even charge a deposit processing fee.

In most instances, you will only part with the deposit processing fee charged by the card provider.

Buy Bitcoin with Bank Deposit

Bank deposits are arguably the most popular and most accessible payment method. The payment option has been adopted by arguably all the most popular crypto exchanges. One of the perks of buying crypto with bank transfers is that most exchanges do not have a limit on how much you can deposit.

They also won’t charge a deposit fee, implying that you only have to deal with the processing fee charged by your bank.

Buy Bitcoin with eWallets like Skrill or Neteller

A growing number of fiat to crypto exchanges will also let you buy Bitcoin with eWallets like Skrill and Neteller. As is the case with PayPal, exchanges will let you pay for crypto with these eWallets directly on their website or via their peer-to-peer trading platforms.

eWallets are popular not just because of their accessibility but because of their convenience, seeing that payment processing is almost instantaneous.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

What is the best way to buy Bitcoin Today?

You understand whether Bitcoin are worth buying, the benefits of buying Bitcoin, and popular methods of investing in Bitcoin. We now need to explore some of the popular platforms that you can use to buy Bitcoin today.

Crypto Signals

Crypto signals refer to alerts or notifications telling you when to buy or sell digital assets. These are mostly generated and sent to you by expert crypto traders who manually or with the help of automated trading algorithms. These signals are then delivered to you via social media platforms, especially Telegram, SMS, or email.

Crypto brokers

Crypto brokerages refer to platforms that sell to you or buy from you. They stand in between you and the markets, implying that you are actually buying cryptos from the brokerage and not another crypto trader/investor. Great examples of crypto brokerages include eToro and WeBull.

Bitcoin Broker

Some of the perks of buying and selling Bitcoin on a crypto brokerage include the fact that you get to buy Bitcoin instantly. These brokerages are also highly regulated and often insured, which means more safety for your digital assets. Additionally, unlike most crypto exchanges, brokerages will let you buy crypto with fiat and support popular fiat payment methods.

Bitcoin Exchange

Bitcoin exchanges operate a platform that brings together crypto buyers and sellers. When trading Bitcoin on an exchange, you are not buying from the platform but from other buyers and sellers. When you list a crypto asset for sale, you have to wait until a buyer comes along and expresses interest in buying that asset. Popular crypto exchanges include ByBit, Binance, and Coinbase.

One of the advantages of buying and selling Bitcoin via an exchange is that you get to set your own buying and selling price. Exchanges are also less regulated, which means that some will let you buy and sell crypto anonymously, especially if they only allow crypto-to-crypto trades.

Decentralized exchanges

Decentralized exchanges are in many ways similar to crypto exchanges. However, while the exchange stands in between the buyer and seller, DEXs have automated the entire crypto trading process processes via smart contracts. They seek to eliminate the middleman from crypto traders allowing buyers and sellers to interact freely.

The greatest benefit of buying crypto at a decentralized exchange is that they let you buy Bitcoin anonymously. They also charge lower transaction fees compared to centralized crypto exchanges.

Peer-to-peer trading

Peer-to-peer (P2P) trading platforms let you buy Bitcoin from your friends, acquaintances, and traders within the same geographical location. These peer-to-peer trading platforms can be stand-alone agencies like LocalBitcoin.com or an extension of a centralized crypto exchange such as Binance’s P2P platform.

Some of the advantages of buying Bitcoin on a peer-to-peer platform include the fact that they make in-person trades possible. Secondly, p2p platforms let you buy crypto using virtually any payment method, from eWallets to gift cards. Lastly, they are often free as there is no intermediary charging a commission, spread, or fee for facilitating the trade.

Bitcoin Price

Bitcoin derives most of its value from the forces of demand and supply, which are largely influenced by its use cases, adoption, and speculation. This is to say that when it launched in January 2009, it was practically worthless as there were no use cases for the virtual currency. In fact, it wasn’t until February 2011 – more than two years after launch – that BTC price broke parity with the dollar and hit $1.

Since its launch, however, Bitcoin’s price has been on an uptrend. It first became popular in the periods leading to 2013, thanks – in part – to its adoption within the Silk Road, a dark web marketplace. This pushed up its price, even helping the BTC price break above $1000 in November 2013.

Close to a decade later, Bitcoin trades more than 30X above the 2013 peak price but more than 50% below the current all-time high price set in November 2021. This implies that if you had invested $1000 in Bitcoin when it was selling for $1 in 2011 and HODLed, this investment would have been worth $68,798,000 in

Bitcoin Price Forecasts: 2024, 2025, 2030

When it comes to Bitcoin price predictions, you first need to appreciate that Bitcoin is a highly volatile crypto asset. It also operates in one of the most unpredictable markets. These two make it almost impossible to accurately tell what BTC will be worth in future.

After careful analysis of its fundamentals and possible market direction, however, analysts are convinced that BTC’s price will continue to rise in the foreseeable future. This is what the majority of analysts and investors believe Bitcoin will be worth in future:

  • Bitcoin price forecast 2024: Bitcoin has shown signs of recovery and a desire to escape the 2022 bear market. The crypto community experts expect Bitcoin to continue gaining, especially as the halving event slated for April 2024 draws near. These, they believe, will push Bitcoin’s price above $60,000 before the end of the year.
  • Bitcoin price forecast 2025: By the end of 2015, Bitcoin halving will have taken place, but so will a possible crypto market rally. Analysts are also confident that more spot Bitcoin ETF in the US will have been approved. Bitcoin adoption is also expected to have shot to the roof and all these are expected to have catapulted BTC’s price above $100,000.
  • Bitcoin price forecast 2030: A growing number of crypto investors and analysts are confident that Bitcoin will have broken above $1 Million before the turn of this decade. For example, Cathy Woods – CEO of Ark Invest – is confident that one BTC will sell for as much as $1.5 million.

When is the Best Time to Buy Bitcoin?

Looking at Bitcoin’s price performance over the last decade, one can’t help but wonder if it is too late to buy Bitcoin. The next question that follows this is when is the best time to buy Bitcoin. And while some may ask you to time the market, we believe that there are two best times to buy Bitcoin today, i.e. buying the dip and dollar cost averaging.

Buying the dip

Bitcoin Price

As the name suggests, buying the dip involves waiting for the Bitcoin price to crash and buying while it sells at a heavily discounted price. In November 2022, for example, Bitcoin had dipped and was selling more than 70% below its 2021 all-time high. By buying the dip, you stand a chance to score massive gains when the crypto asset eventually rebounds.

Dollar-cost averaging

The dollar-cost averaging investing strategy is informed by the fact that crypto dips come once in a while. It involves buying a specific amount of Bitcoin on a regular basis, regardless of Bitcoin’s price at the time. This works best for long-term investors who missed buying the dip.

How to Buy Bitcoin Safely 

There are two major components of buying Bitcoin safely, i.e. where you buy the digital assets and how you store them. Below, we look at each and hope to teach you how to buy cryptos safely and store them securely.

Buy Bitcoin from regulated brokers

We always advise our readers to only buy Bitcoin from highly regulated crypto brokerages and exchanges. A regulated exchange or broker has been subjected to thorough scrutiny by the regulatory agency to guarantee the reliability and fairness of their systems.

These are also required to subject their books of account to external audits with some regulators, like SEC in the US and FCA in the UK, requiring them to insure client deposits. These regulatory safeguards play a critical role in reducing the risk of losing your crypto investment.

Store bitcoin in ultra-secure wallets

We also are strong advocates of the “Not Your Keys, Not Your Coins” mantra. This implies that you cannot claim to own digital assets while they are in the hands and control of third parties.

eToro Bitcoin Wallet

Simply put, we encourage our readers to avoid leaving their digital assets in an exchange. And though we recognize that there are several hugely popular mobile wallet apps for iOS and Android, we encourage you to invest in a reliable and secure crypto wallet – preferably a hardware wallet.

Can You Buy Bitcoin Anonymously?

Yes, you can buy Bitcoin anonymously, but only through unregulated crypto exchanges or decentralized exchanges. Note that the majority of exchanges and platforms that let you buy crypto anonymously do not support fiat-to-crypto purchases. They do not accept fiat deposits. Neither do they support withdrawals via some of the popular fiat payment options.

Read Also: Latest Crypto Price Predictions for 2024 and Beyond

How to Bitcoin Online 2024 – Tutorial 

Do you want to start buying Bitcoin or other cryptos immediately? Follow this beginner’s guide that teaches you how to buy your first Bitcoin on eToro.

Step 1: Open an Account

Sign Up with eToro

Open the official eToro website on your browser. Alternatively, download the eToro mobile trader app on your phone – available for both Android and iOS devices. Hit the “Join Now” button on either platform and complete the trader registration form that pops up here. This only seeks to capture basic personal information like your name, email address, phone number, country of residence, age, and trading experience.

Step 2: Verify your Identity

Since eToro is a regulated broker, you will be required to verify your identity. Simply submit a photo of your government-issued identification document such as your national ID, passport, or driver’s license.

Step 3: Deposit Funds

Deposit funds on eToro

After eToro sends you an email notifying you of account approval, login and press the “Deposit Funds” button on your user dashboard. A funding tab will pop up indicating all the payment methods available to you – depending on your country of residence. Choose one and follow the prompts to deposit at least $10 into eToro.

Step 4: Search for Bitcoin

Search for Bitcoin

Once the payment reflects in your account, hit the “Discover” button on your user dashboard. It will reveal all the asset classes supported on eToro. Choose “Cryptos” and find Bitcoin from the list of cryptocurrencies supported by eToro that pops up.

Step 5: Buy Bitcoin

Buy Bitcoin

Hit the “BUY” option against Bitcoin and a trading will pop up. Use it to customize this investment by indicating either how many Bitcoin you wish to buy or how much you wish to invest in the cryptocurrency. Then hit the “Open Trade” button to execute this purchase.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

The private keys for the Bitcoin you just purchased will be deposited into the exchange-provided wallet. If you wish to transfer them to another exchange or wallet, you will first need to download the “eToro Money” mobile wallet app. Move these coins here and proceed to transfer them to another wallet or exchange. Note that moving cryptos between the eToro trading platform and wallet attracts a 0.5% transfer fee (capped at $50).

How to Sell Bitcoin

Selling Bitcoin is simple as it follows then buy the process that we have outlined above. Start by logging in to your eToro trader account and hitting the “SELL” option against Bitcoin. On the trading tab that pops up, indicate the number of Bitcoin you wish to sell.

Then click on the “Open Trade” button to execute the sale. The fiat equivalent of your Bitcoin will be deposited into your account and you can withdraw it using your preferred payment method. Note, however, that withdrawals attract a $5 processing fee and the minimum you can draw from eToro is $30.

Conclusion – How to Buy Bitcoin Easily and Safely Today

Buying Bitcoin doesn’t have to be complicated. The majority of crypto trading platforms have oversimplified the crypto investing process, making it possible to invest in Bitcoin with just a few clients and in a matter of minutes.

They are also committed to guaranteeing the security of your crypto assets by not only auditing their systems and crypto reserves but also providing their platform users with free and highly secure digital wallets.

Want to jump straight to buying Bitcoin? Follow the crypto buying guide that we have outlined hereinabove. This teaches you how to buy your first crypto on eToro.

Author Checked Reviewed and Fact Checked by Kamal Masri, Crypto Writer and Investment Analyst.

eToro Exchange

  • Free Copy Trading of Professional Traders
  • Best Place to Buy Bitcoin
  • Minimum Deposit only $10
  • Best Beginner exchange
  • Open to US & Worldwide
9.9

5 Stars

Cryptoassets are a highly volatile unregulated investment product.

FAQs on How to Buy Bitcoin

Is Bitcoin worth buying today?

Yes, even with its untamed volatility, Bitcoin is still worth buying because it has not only proved its resilience but also because its price is expected to continue uptrending in the foreseeable future.

It is simple, create a trader account with a reliable crypto exchange or brokerage, deposit funds into this account, and proceed to hit the “Buy” button.

You can only buy Bitcoin anonymously on crypto exchanges, especially decentralized exchanges, which do not ask for identity verification. Simply deposit any crypto in here and proceed to convert them to BTC or open a buy order for Bitcoin.

There are countless low-cost brokerages and exchanges that let you buy Bitcoin cheaply. At eToro, for example, charges a fixed 1% trading fee for both buy and sell orders, BTC/USDT trades on Binance are free, and most p2p trading platforms do not have a trading fee.

There currently are hundreds of crypto trading platforms and exchanges that list Bitcoin. However, if you are looking for a regulated, cost-friendly, and safe platform to buy Bitcoin, we ask that you consider eToro.

The safest way of buying Bitcoin today is two-pronged. It starts with buying the digital asset from a highly regulated brokerage like eToro and later moving your assets to a non-custodial wallet – preferably a hardware wallet.

There is no standard minimum or maximum to how much you can invest in Bitcoin today. The minimum will, in most cases, be determined by the trading minimum limit set by your preferred crypto brokerage or exchange. The maximum will, on the other hand, be determined by such factors as your risk tolerance, trading experience, and disposable income.