Where to buy bitcoin: the best ways to buy Bitcoins

Bitcoin as one of the most popular cryptocurrency has gained more public interest than ever. With the recent Defi (decentralized boom), more people wish to participate in this high potential market buy owning some Bitcoin. Bitcoin has been considered digital gold by progressive financers. Let us go through the most trusted and easiest options to buy Bitcoin.

Why is Bitcoin such a popular cryptocurrency and investment vehicle?

Arguably, the long term return of Bitcoin has outweighed any other assets

Bitcoin return to the long term trend, data as of Sept 2019, source Tradingview


According to Bloomberg, crypto has beaten gold as 2020’s top asset so far.


Many Bitcoin enthusiasts own Bitcoin for reasons more than the lucrative returns. Bitcoin is one of the most decentralized currencies in the market out there.

It has been in existence for more than 10 years since the Bitcoin blockchain was invented in 2018.

It is censorship-resistant, distributed, and decentralized. No one can control Bitcoin alone. No one can shut it down, either. Bitcoin holders think of Bitcoin more than a speculative investment vehicle. It’s a symbol of revolution, of a disruptive technology application that could accelerate the financial inclusion. It is resistant to authoritarian regimes and highly controlled nation-states. It is a replacement for weak national fiat currencies with high inflation such as Venezuelan peso. In many parts of Europe, the US, Japan, Korea, Bitcoin has become such a favorite investment vehicle, a store of value with a high rate of asset appreciation and investment returns in the low-interest-rate environment.

So, are you already in love with Bitcoin?

Let’s see what the best way to buy and own Bitcoin to be part of this decentralized revolution and protect and appreciate your capital.

The easiest and safest ways to buy Bitcoin

Trade Bitcoin CFD

You can participate in the value movement of Bitcoin by trading CFD with CFD Broker such as Etoro, Plus500. This way, you do not have to own Bitcoin but still benefit from the value appreciation of Bitcoin. It is possible to use Bitcoin CFDs with a level of leverage of up to 30, which means that the CFD could rise and fall up to 30 times of the Bitcoin price.


Etoro and Plus500 are some of the most popular platforms where you can find a variety of Bitcoin CFD products. Plus500 also allows payment by credit cards and PayPal, among many other payment methods. Opening an account is quick and easy. Below is a screenshot of Bitcoin CFD with the trader sentiments at the time of writing this article. (25 Sept 2020)

START trading Bitcoin CFD with Plus500.

Alternatively, Etoro offers not only Bitcoin CFD but a variety of cryptocurrencies and products for you to choose from.

 CLICK HERE to start trading Bitcoin CFD with Etoro

Buying physical Bitcoin: How to buy real Bitcoin

There are various options to buy Bitcoins. Bitcoins are offered in centralized and decentralized exchanges, as well as on exchange services and peer to peer Bitcoin changers.

In the context of this article, we will summarize the most popular, safest, and easiest options to buy and sell Bitcoins.

Buy Bitcoin on crypto exchange Bitpanda

Bitpanda is undoubtfully one of top Europe’s crypto exchanges. The crypto company was founded in Vienna in 2014 and obtained Europe’s e-money license from Austrian financial regulators.

Bitpanda allows users to buy and sell cryptocurrencies, such as Bitcoin and Ethereum, as well as precious metals such as gold, silver, platinum.

The Austrian startup has recently raised an extra $50 million from Silicon Valley prominent VC and entrepreneur Peter Thiel Valar Ventures, Seedinvest to expand in other European markets.

Bitcoin and crypto exchanges have been attracting a massive userbase within a short time given the ease of use and the variety of the products they offer.

Bitpanda is very user-friendly. They recently accounced listings of Defi tokens such as Uniswap UNI, , Filecoin FIL, Kyber Network KNC, Band Protocol BAND, AAVE.


CEX.IO is another reliable option to buy and sell Bitcoin easily. The prices for Bitcoin can vary wildly between exchange platforms. Like with Binance, you can buy and sell Bitcoin in cex.io with debit and credit cards.  The exchange is headquartered in London, UK, and thus provides more confidence to the users, especially those coming from Europe. Cex.io has 3million users on its platform, which is relatively small compared to Binance. However, they are one of the biggest cryptocurrencies and Bitcoin exchanges in the market.

Click here to Buy Bitcoin on Cex.io

Buy Bitcoins on peer to peer exchange platforms such as LocalBitcoins

LocalBitcoins is the most prominent and trusted peer to peer Bitcoin exchange.

LocalBitcoins has 4 users worldwide with its headquarter in Finland. You can find the best exchange rates on LocalBitcoins since it is a peer to peer exchange. You can also buy Bitcoins offline via LocalBitcoins, which leads you to private merchants in your area. However, make sure you check out the merchants carefully before engaging in any transactions. Read the feedbacks and reviews of other users to get a flavor of the sellers/buyers before engaging with them.

Below are some of the offers from users in Germany.

LocalBitcoins-offers-from-German-users.png September 25, 2020
September 25, 2020

Click here to find the best rate and most reliable partner to buy and sell Bitcoin on LocalBitcoins 

Final words

Before buying your first Bitcoin, it is worth to get a basic understanding of blockchain technology and Bitcoin as a digital currency and asset class. You can find some basic and digestible glossary of the common terms in blockchain and Bitcoin space. We hope you enjoy this article and let us know what you think to improve this content.

Disclaimer: The information in this article or in any content on our website is only for educational purposes. We are not licensed, financial advisors. You bear your own risks investing in any crypto asset.