CandleFocus Where is it convenient to buy Bitcoin? The complete guide
2024-11-10
Author: Content Editor
The article discusses various factors to consider when deciding where to buy Bitcoin. The first factor is the preferred payment method, with credit/debit cards being the most common but potentially leading to higher fees. The article recommends using crypto exchanges for card purchases and bank transfers for larger amounts. It also advises against in-person purchases and suggests using crypto ATMs for cash transactions. The purchase price and fees imposed by platforms are also important considerations, with the need to compare prices across different platforms and set maximum purchase prices to ensure better deals. The article mentions the possibility of earning returns by holding Bitcoin on certain platforms, although this is more common with Ethereum. It concludes by stating that non-custodial wallets are ideal for storing Bitcoin, but inexperienced users may face risks, and it's important to choose reliable custodians if opting for external storage.
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