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How to Buy Your First Cryptocurrency Coins

If you buy Bitcoin, Ethereum or other crypto-currencies, you must obligatorily go through a broker, that is to say a site that will sell you against a bank transfer or a payment by CB.

I have tested several since the beginning of the year so I’ll tell you a few that I found cool. On other hand, do not be angry with me, I do not indicate the expenses that each site takes as it changes all the time … I invite you rather to refer to their FAQ to know more about it. I also had fun putting a little green check on all those I find accessible to beginners.

But before going into the thick of the subject, I still have to specify several points:

1 / All brokers take a commission.

2 / Identity validation processes are very boring if you want to reach the correct purchase or sales levels. You have to take scans of his ID card, sometimes his CB and sometimes his face … No choice.

3 / Cryptocurrency prices evolve constantly and brokers play on it to shoot their margin as on an elastic band. So always check that the currency price corresponds to what broker offers you.

4 / Cryptocurrency is like real money except that the bank is you. So, make sure your money is safe and do not trust third-party platforms. This security aspect will be the subject of a future article because there is a lot to say.

5 / Most brokers offer affiliate links. Do not hesitate to use it, it will allow you to buy a little more cryptocurrency. Some links in this article are affiliated.

6 / Before buying a cryptocurrency, find out about the project behind and people who are working on it to measure potential of currency and its potential return on investment in months or years to come .

7 / SEPA transfers, it’s cool, but it takes time … So if you initiate a transfer because
price of cryptocurrency is not high, it’s already too late, because the time that the money is coming, it will have already changed.

Also note that most platforms only offer Bitcoin for purchase, as it is reference currency that can then be used to buy lots of others ( famous : altcoins). So from a single purchase of Bitcoin, you will then have access to currencies of your choice. I also remind you that you are the guarantor of your money, and that it is up to you to be responsible for what you will do with it.

BitPanda ✅
This one, I like it because it is easy to use and can be paid in credit card, so quickly have its virtual currency. Bitpanda offers Bitcoin, Ethereum, Dash and Litecoin (LTC) for purchase. We can of course also pay by SEPA transfer. I also tested their support and it works.

Litebit ✅
Litebit is the very first site I fell on. It is Dutch and can buy all kinds of cryptocurrency in addition to Bitcoin. Payments are made via bank transfer. technical support also works for this site, if you are patient.

Bitit ✅
If you like made in France, Bitit is for you It is possible to buy only Bitcoin on this site, but you can buy it in CB, in cash (with cards sold in stores like Neosurf or Cashlib). No problem level technical support with them.

Cex.io
Cex.io allows you to deposit euros on your account to buy Bitcoins or Ethereum. It is also a trading platform. Payment can be made by bank transfer, bank card or with cryptocurrencies.

Changelly ✅
Changelly is one of the first ones I used. It is very easy to use and offers to buy or sell everything you want: Bitcoin, Ethereum, Monero, ZCash, Dash, Ripple, Ethereum Classic (ETC), Litecoin, Dogecoin (DOGE), Aragon (ANT) , Synereo (AMP), Decrease (DCR), Edgeless (EDG), Expanse (EXP), Gamecredits (GAME), ByteBall (GBYTE), Gnosis (GNO), LBRY (LBC), Lisk (LSK), NavCoin (NAV) , Pivx, Potcoin (POT), Radium (RADS) and so on, the list is really too long.

And especially he takes the credit card and does not require validation of identity if you take for 50 euros maximum.

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