Hi
I am looking to buy one bitcoin and struggling to find a reputable place to buy online, 2 of the bigger companies, Coinbase and blockckain Luxembourg have terrible reviews. I am looking to keep the bitcoin for several years. Are there any reputable companies in the UK who can sell the bitcoin to me and I won’t have an issue selling and withdrawing funds in the future should the bitcoin value increase. I’ve heard there are bitcoin ATMs also?
Thanks
Your question (where to buy Bitcoin) depends on your own personal circumstances. We have developed a tool called the
Exchange Finder to help people asking your question. It has six questions designed to help you to answer your question. When you have answered the questions, the tool matches you with all exchanges that are available to you based on your input!
The questions are the following:
Is it important for you that your exchange accepts deposits of cryptocurrencies? (Yes/No)
If you currently have cryptocurrencies and just want to change your exchange, the new exchange must accept deposits of cryptocurrencies. Some exchanges only do Fiat-to-crypto and those exchanges are then not available to you.
Is it important for you that your exchange accepts credit card deposits? (Yes/No)
I would personally steer clear of buying cryptos with credit cards but if you want to do that, all exchanges do not offer that option.
Are you a US-based investor? (Yes/No)
Many exchanges prohibit US-investors.
What’s the highest fee you can accept to be charged?
Trading fees range from 0 to 2.00% (and everything inbetween). The lower fee you input here of course, the fewer exchanges are available to you.
Which cryptocurrencies do you want to trade?
A very important question of course. If you’re looking to buy BTC and ETH, most exchanges have that option. If you’re looking for a less known coin, the Exchange Finder-tool filters out all exchanges for you to find the ones where that coin is admitted to trading.
So, in conclusion, there is no “one-fits-all”-answer to your question (a little bit like “which renaissance-painting is the most beautiful?”), it is always related to your personal preferences and circumstances. But answer the above questions, use the
Exchange Finder, and you will hopefully find what you seek. Highest rated exchanges right now are
Changelly,
BitMEX,
KuCoin,
Covesting.io and
Crex24.
Good luck!
All the best,
Cryptowisser