It’s 2018. Why are we using fiat currency still? Cryptocurrency is superior in near every aspect, why aren’t retail investors reaping the gains blockchain has been sowing?

The answer is easy: It’s hard. Or at least people think it is. They think it’s expensive, it’s insecure, uncertain. Look at how the stock market reacts to FUD, it’s not surprising people are hesitant to put their money into an in such a nascent state.

In this case, perception does not match up with reality. If you know where to look, buying cryptoassets can be a very quick and easy process. As long as you have the right services and right expectations, you will be able to turn your ancient fiat currency into something more suited for the shift to the future.

This guide will give you the tools to purchase Bitcoin and other cryptoassets (altcoins) as cheaply as possible. If you use the resources laid out in this guide, you could get in on the rush in the next HOUR.

Chapter 1: Payment Options
Chapter 3: FAQs
Chapter 5: Avoid the Mistakes
Chapter 2: Picking an Exchange
Chapter 4: Secure your investment
Chapter 6: Make the right call

There are number of different ways to purchase altcoins. However, the first step is moving away from your fiat currency. There are hundreds of different methods of converting cash, each varying levels of privacy,

The short answer is:

  1. Find a Bitcoin exchange
  2. Trade your local currency, like U.S. dollar or Euro, for a cryptoasset
  3. Move your cryptofunds to an [exchange] to trade

For the long answer, read this Bitcoin buying guide and by the end you’ll understand these key points:


Below, we listed exchanges you can use to purchase your initial cryptoassets. I’ve listed the services I’ve personally used and enjoyed, but do your own in-depth research before making a decision.

We conduct exhaustive research into each and every exchange before recommending them. We conduct comprehensive user reviews, and you can read some testimonials here: [LINK]


Have a cryptocurrency wallet? Don’t know what that means? Click here.



There are number of different ways to purchase altcoins. However, the first step is moving away from your fiat currency. There are a bunch of different methods of converting cash, each varying levels of privacy, speed, and cost.

In order to make the best choice, keep these important tips in mind:

Privacy: How Anonymous?

Everyone has a different reason for moving to cryptoassets. If you need to keep your identity to yourself, you’re going to have to cross the most convenient options off your funding list, such as:
  • Online Bank transfer
  • Credit and debit cards
  • PayPal/Venmo/Quickpay
  • ANY method that requires identification

This won’t be a huge delay in any regards, you just need to be more selective in your choice of platform.

[Bitcoinworldwide] Buying with cash is your best bet, is the most private way to purchase bitcoins.

We also have a detailed guide which reveals your [options for buying without verification or ID.]

Limits. A little or a lot

If you’re planning on investing a large amount of money into cryptoassets, you should use a large broker or exchange in order to keep your money secure and intact.

[Coinbase] has high limits for buying with a bank account.

Coinbase’s buying limits. They vary for credit card and bank transfer.

[CoinMama] is a great option as well. It has the highest limits on credit card purchases. I don’t recommend using credit to purchase cryptoassets, but it’s nice to have in your back pocket.

Most cash exchanges have no buying limits. Of course, the buyer may not have the amount you desire, but that is rare.

Speed. Minutes, hours, or days

Every different payment method has a different processing speed. Decide how long you’re willing to wait BEFORE you pick your platform, and you’ll be a much happier camper.

Your first crypto purchase cuts the dee.. er, is the hardest. However, once you’re all set-up and ready, you’ll be able to convert cash into crypto much more smoothly for subsequent purchases.

If you’re one of the lucky few with a Bitcoin ATM nearby, you will be able to purchase Bitcoin EXTREMELY quickly. Check out this map to see if you’re within range.


Exchange Rate: Do your homework

There is no official Bitcoin price. Use BitcoinAverage or CoinDesk (coinscanner?) to see the average price of Bitcoin across all major international Bitcoin exchanges and compare that to the price on your chosen exchange.

Widget needed: wallofcoins, coinscanner, etc… Changelly?

coin atm radar

The CoinDesk Bitcoin Price Index averages the price across multiple exchanges to create a strong reference point.

Reputation: Don’t Get Scammed!

How long has the company been ii the industry? Management team with a long track record? Insurance policies? Verified sellers? Check our Bitcoin exchange reviews can help you to find a trusted exchange.

Fees: Are You Getting a Good Deal?

How much does the exchange charge for its services? The fee will vary greatly based on the payment method you choose to use.

Remember to include deposit and withdrawal fees as well as trading fees. Some exchanges will lower their fees if you trade a lot of bitcoins.

Payment Method

How can you pay for the bitcoins? Payment method may be the most important factor.

In fact:

We’re sure you already have a payment method in mind that you’d prefer to use. More on that below.

Don’t have a wallet?

Some exchanges require a deposit wallet before you can buy. They need to know where to send the money! If you skipped ahead, go back [here] to open get a wallet and get trading.

We’ll wait for you here, but the markets won’t!

Payment Methods

We can both agree that this cryptocurrency stuff is confusing. If you’ve stuck with us this far, you’re almost ready to trade!

We’re about to have you on your way to choosing a payment method and buying bitcoins.

Where to Buy Cryptocurrency?

  • Purchase bitcoins online with a credit card, debit card, or bank transfer.
  • Acquire bitcoins from a Bitcoin ATM near you.
  • Buy bitcoins with cash locally or via cash deposit.
  • Convert PayPal to Bitcoin online.

The above was just a brief overview of where you can buy bitcoin. Now, let’s get into the details.

In order to buy bitcoins, you’ll need to exchange your local currency, like Dollars or Euros, for bitcoin. Here’s an overview of the 4 most common payment methods:

Credit or Debit Card

Credit/debit cards are the most common way to pay online. So, it’s really no surprise that many people want to buy bitcoins this way.

Why buy bitcoin with a credit/debit card?

  • Credit cards are a payment method most people are familiar with; probably the easiest way to buy bitcoins online
  • Delivery of bitcoins is instant once initial verification is complete

Why NOT buy bitcoin with a credit/debit card?

  • High fees; if you’re patient and not in a rush to buy then use a bank transfer for lower fees
  • Not a private way to buy; your ID will be required to buy with a credit card

A few places to buy bitcoins online with a credit card are:

You can also check out our complete guide on how to buy bitcoins with credit card or debit card.

Bank Account or Bank Transfer

Bank transfer is one of best ways to buy bitcoins in most countries.

Why buy bitcoins with bank account/transfer?

  • Good way to buy large amounts of bitcoins
  • Using a bank transfer will usually result in the lowest fees, so you can get a great price on your purchase

Why not to buy bitcoins with bank account/transfer?

  • Usually requires ID verification, so not a good choice for privacy
  • Slow; in the USA, bank transfers can take up to 5 days to complete

Some of the best ways to buy bitcoins with your bank account:

You can also check out our complete guide on how to buy bitcoins with a bank account/bank transfer.


Cash deposit is often the fastest and most private ways to buy bitcoin. You can usually receive your bitcoins within a couple hours.

What are cash exchanges good for?

  • Can be more private since in some cases no personal information is required
  • Can be nearly instant; no need to wait 5 days for a bank transfer to process

What are cash exchanges bad for?

  • Privacy comes at a cost; cash exchanges often have price 5-15% above market rate
  • Easier to get scammed or robbed; need to be on alert and follow the exchange’s rules

Some of the best places to buy bitcoin instantly with cash:

You can also check out our complete guide on how to buy bitcoins with cash or cash deposit.

Note: There is no easy way to buy bitcoin at Walmart. We get asked this A LOT!

Get this:

There are Bitcoin ATMs all around the world that let you purchase bitcoin with cash.

You simply insert cash into the machine, and get bitcoins sent to your wallet.

Use Coin ATM Radar to find a Bitcoin ATM near you.

Chapter 1: Payment Options