Posted by Joe | Bitcoin So you’ve heard your friends or work colleagues talk about Bitcoin.You’ve read about Bitcoin in the press, or you may have seen it being covered more in the media lately, especially with prices reaching all time high’s lately (May 2017) .But where can you buy Bitcoins may you ask?This blog post will point you in the direction of where to buy Bitcoin.Following on, we will also provide some guidance in a separate article on how to store and hold your recently purchased coins.When it comes to where to buy, the most common place is to use a Bitcoin Exchange in order to convert your home currency into Bitcoin.This is very much like a conventional currency or foreign exchange, where you would convert money for your holidays or to send overseas.Exchanges in different countries have different rules and regulations for you to fulfill.The best services allow you to link your bank account, a debit or credit card, to enable easy straightforward purchases.Part of your decision-making process on where you choose to buy may come from how many different requirements you may want to subject yourself during your purchase.

If you’re new to Bitcoin, this should not put you off.There’s are a wide variety of services, with many safe and reliable places to buy.The daily volume in Bitcoin trading in the past month have been well over $650 million.Many Bitcoin exchanges have decided to work with banks or other financial institutions in their jurisdictions.This allows the exchanges to offer the convenience of linking your bank account, making it easy for clients to buy.Since exchanges match many buyers and sellers across the world, you will get the very best price per Bitcoin when buying off the Exchange Order Book.In most cases you will pay the market rate plus any fees that apply.These fees may take the form of trading fees, deposit and/or withdrawals fees, so it would be worth understanding what potential costs are involved when choosing an exchange.This table below shows the top Bitcoin exchanges across the world and their daily trading volume in USD (or converted to USD if its a EUR or Chinese Yuan based exchange): This 24-hour trading volume of $137 million in USD means there are plenty of places to buy your Bitcoin.

Let’s check out some of the exchanges in more detail, depending on your world region.Your best bet as an American buyer are GDAX/Coinbase, Kraken or Bitfinex.These are among the more established and regulated exchanges, with active trading across the BTC/USD currency pairing.Bitfinex is incorporated in Hong Kong but is primarily a USD based Bitcoin exchange, and is one of the exchanges we are partnered up with here at Magnr.If you are a holder of Euros, then Bitstamp, Kraken and BTC-e, are the most reputable exchanges for Bitcoin purchases in BTC/EUR.In the UK, GBP holders can look to Coinfloor, or equally Coinbase to buy and sell Bitcoin.Most, if not all will offer the facility to link your bank or other preferred payment options, to enable simple and easy ways to make your purchases.China is such a large market for trading Bitcoin that we have to include them in our review.OKCoin, Huobi, and BTCC are the largest Chinese exchanges.China’s state bank the PBOC (People’s Bank of China) is working to regulate these 3 exchanges and there is a temporary freeze on these exchanges, however this freeze is not expected to last long now that they have put in the anti-money laundering policies and technology requested by the PBOC.

Quoine, headquartered in Japan serves the Asia market with their advanced platform, offering all the major currencies around the world.One point to note is that they are not accepting account holders from the United States at the moment.Their large trading volume incorporates BTC/USD, as well as Yen, Singapore Dollars, and others.bitcoin millionaire pcThe fewest rules and regulations and the greatest privacy come from buying from an online marketplace like the LocalBitcoins, Bittylicious or bitbargain.bitcoins kaufen kursThese online marketplaces work as a true peer-to-peer exchange where another person is selling you their Bitcoin.free bitcoin instant payoutIf privacy is a top priority, or you live in an area with limited access to a commercial exchange then an online marketplace is the way to go.bitcoin seen by 1 peer

A point to note is that the price per Bitcoin is often higher on here than compared to an exchange, however you may find more convenient.In addition to the exchanges mentioned here, we also include a several other recommendations for you on our Help and Support Page.bitcoin wert 2015To buy Bitcoin, you need to convert your local currency with an exchanging service.bitcoin profitability formulaThere are two main options to chose from; a conventional Exchange Platform matching buyers and sellers across the world, or an online Marketplace, which is a true local peer-to-peer exchanger service.bitcoin miner hosting europeEach has its advantages depending on if price, convenience or location matters to you most.bitcoin assassination list

All the companies mentioned are easy to find through a simple web search.We would encourage you do sufficient reading in helping you choose a suitable exchange to comfortably to sign up and buy with.As stated at the beginning, once you have your Bitcoins, we will provide some tips on how to hold and store your investments in a follow-up article about Bitcoin Wallets.bitcoin mining hardware amazonOur commissions to deposit withdraw funds Type Commission Currency Limits Processing time * - upper limit is related to the protocol of the payment system ** - The operation is performed through a support request Type Commission Currency Limits Processing time * - usually it takes less than 1 hour ** - The operation is performed through a support request Log in Email Password Captcha ?One time password Forgot password Email Captcha Account Your nickname: Post link to a profile to a social network YesNo