If you have ever happened to wonder how to buy cryptocurrency, most notably BTC, you might know that it’s not that easy to choose the right platform. Of course, today, there are many cryptocurrency exchanges, but we are not sure whether all of them can be used since the might prove to become a scam. And sometimes, the cryptocurrency exchange simply might not satisfy all of your needs, right? But do not worry, we will teach you how to choose the best suiting best crypto exchange. So, let’s get started.

But before we go further, you need to decide which crypto you need. It’s a vital step to take because there are different types of crypto exchanges. Consider the following: On a Bitcoin trading platform, you will be able to buy Bitcoins (BTC), but that does not guarantee in any case that it supports other cryptocurrencies except for BTC (called altcoins). Of course, there are such types of platforms that support multiple currencies meaning that you can buy/sell not only BTC, but also ETH, DASH, BTG, LTC, and many others.

If you are new to the world of cryptocurrencies and everything connected to it and once you want to buy cryptocurrency, we recommend you get started with bitcoins (BTC) because it’s the King/Queen of all cryptocurrencies; and we don’t recommend you getting overly optimistic about altcoins because we don’t know whether they will have any value in the future or not.

How to choose the best Bitcoin exchange

As it was already mentioned, there are many bitcoin exchanges out there. But to have positive experiences only when it comes to crypto exchanges, you need to find a reliable platform. Here are some vital steps to take to find the best crypto exchange for your needs:

• Read the reviews of the top cryptocurrency exchanges and ask your friends, relatives, colleagues about the cryptocurrency exchanges they have used.
• Google for these names and carefully read what other traders think of those coin exchange platforms. Bear in mind that if the particular platform already has at least some negative reviews, dealing with it is not recommended.
• Don’t choose services that are new on the market and don’t have any feedbacks because you risk your money and if you make a deposit at such a service and it will become a scam, you will simply lose your money.
• Check which security options the chosen crypto exchange provides.
• Check this service and look for the best cryptocurrency exchange 2018 section, which will examine the most attention-worthy platforms.

Once you’ve found a reliable and trustworthy bitcoin or altcoin exchange, you can register there and get some crypto. But we want to stress that it’s hard to determine the best cryptocurrency exchange for everybody since there are many factors that should be taken into account. We will review some of them. So, let’s proceed.

How to buy cryptocurrency

Today, there are numerous ways to buy crypto. Let’s examine the most popular ones:

1. Buy crypto at a crypto exchange.
2. Buy cryptocurrency at the person you know. These are called tete-a-tete deals.
3. Use special services that accept credit cards, PayPal or wire bank transfer.

We will examine how to buy cryptocurrency at any reputable bitcoin exchange platform like bitcoin exchange.

Buying crypto at the best Bitcoin exchanges

If you follow all the recommendations we have told you before, you will surely find the needed service. Once you found the best Bitcoin exchange for your needs, these are the key steps to follow:

• Think about how much you can buy and where you will store your digital money. Please bear in mind that keeping your crypto at the crypto exchange isn’t wise since in that case, you will not own your money). Moreover, you are kindly advised to create an offline bitcoin wallet or just create a Blockchain wallet.
• Register and verify your account at the service you’ve chosen.
• Strengthen your account with all security options available ( including Two-step authentication, Password strength check option, Automatic Timeout, Virus checks, and hacking prevention exercises, and etc).
• Deposit the needed money.
• Make a bid and purchase your first bitcoins.
• Withdraw your BTC into the external wallet.

The best place to buy bitcoins: Crypto Exchange.

The best place to buy bitcoins is without doubts a good crypto exchange. Wondering why? Consider the following: any cryptocurrency, including BTC, drops and raises in its price and the crypto exchange allows you to get it during these unstable periods. Simply put, at the average price of BTC – 3500usd, you can purchase it at 3300 for instance. Plus, you can hold your assets and them sell them higher. Thus, a crypto exchange makes a good go-to source for crypto enthusiasts. But we have to admit that there are some reputable services and sometimes it’s just the price that makes you choose one service upon another.

So, Can’t you tell me where to buy cryptocurrency?

There’s no one exact answer- where to buy cryptocurrency since there are many good crypto exchanges out there and besides their rates and your needs may greatly vary. For example, one exchange may come at a great price, but it might not support your currency, or it might not have the needed amount. The other similar example is that a crypto exchange might give you special deals or attractive signup bonuses. Needless to add, there are many other special bonuses for returning customers. Therefore, the more crypto you buy or sell, the more attractive price you can gain.

What features should a bitcoin trading platform have?

Here’s a list of features a good bitcoin trading platform should offer:

• Data encryption and several factor authentification
• Support of credit card/ PayPal and wire bank transfer both to deposit and withdraw money
• Anti-virus protection
• Account theft protection.
• Positive reviews
• User-friendliness.

Key Takeaways

To bring it all together, with dozens of crypto exchanges on the market, finding the one can be a pain. This cryptocurrency exchange review platform can help you determine the most reputable options, their rates, and reviews.