How to buy Bitcoin

Takeaways

• Choose a way to buy Bitcoin that best fits your investment needs
• Buying Bitcoin doesn't have to be complex
• Trade-desk or concierge-type services may be your best way to buy cryptocurrency

Discover 3 Ways to Buy Bitcoin That May Fit YOUR Investing Style

Numerous methods exist to invest in Bitcoin – from the maddeningly complex to very simple “concierge” type services. The most important first step of investing in Bitcoin is understanding how and where to buy the Bitcoin. There is no official Bitcoin platform for you to do your transactions, so several types of services exist to help you with your transactions. These crypto platforms are no different from the “middleman” in conventional investments.

The most common methods for investing in Bitcoin are via:

• Cryptocurrency Exchanges – (think of E-Trade for crypto)
• Trade Desk / Concierge Services – (similar to calling your stock broker)
• Bitcoin Kiosks – (like a traditional bank ATM but for buying / selling crypto)

Each of these services have their benefits.

Cryptocurrency Exchanges

Most of these are modeled after very traditional online stock exchanges. A wide variety of cryptocurrencies are available, with a tremendous amount of data. They are typically best suited for experienced investors.

Examples include:

• Coinbase
• FTX
• Crypto.com

Bitcoin Trade-desk / Concierge Services

One of the newest and most “customer focused” are the OTC (aka over-the-counter) concierge services. Typically this service will help users do everything involved in the process of investing in Bitcoin, including setting up a wallet, connecting to a bank account, and processing the transaction / purchase. These are truly a full-service experience.

Examples include:

• CryptoFi On-Demand Trading -
  Our team is here to discuss all your Bitcoin trading goals & help you discover the benefits of a US-based white-glove concierge cryptocurrency trading desk. All our services are 100% personalized & 100% private.

Bitcoin Kiosks

Bitcoin ATMs are one of the original methods lots of investors used to purchase cryptocurrency. While converting cash to bitcoin or other cryptos has its value for a certain segment of users, it typically is both time consuming and somewhat risky. Imagine having to seek out a Bitcoin ATM with several thousand dollars in your pocket.

Examples include:

• RockitCoin
• Bitcoin Depot
• Coin Cloud

Summary

There isn't any one single 'right way' to buy Bitcoin. However, if you are looking for the easiest and most secure way to begin investing in cryptocurrencies then  using a trade-desk / concierge service may be your best option. Please reach out to us with any questions you may have!