Where can you buy bitcoins?

Bitcoin can be bought and sold in many different currencies by individuals and from companies. The fastest way to obtain bitcoins is to purchase them in person or at a Bitcoin ATM for cash. Bitcoin ATMs allow bitcoins to be purchased for cash,  and some also allow cash withdrawals from Bitcoin wallets stored on smartphones. Participants in online exchanges offer bitcoin buy and sell bids. Companies buy or sell bitcoin in bulk on exchanges and offer their customers the option via ATM to buy or sell bitcoin at market price. Using an online exchange to obtain bitcoins entails some risk since according to one study 45% of exchanges have failed and taken client bitcoins with them.

If you want to jump right in, we suggest you check out eToro*, try to start with a small deposit, It’ll be your tuition money for learning crypto practical trading.

Since bitcoin transactions are irreversible, sellers of bitcoins must take extra measures to ensure they have received traditional funds from the buyer.

Next concept you must know – Wallets

Or.. learn about the ways of buying bitcoins

*This site also promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal..