11 Best Places & Websites To Buy Bitcoin (BTC) In 2020
It looks like you have made up your mind to buy Bitcoin.
And I must say this is the right decision.
But one of the many problems the buyers of Bitcoin face is that they aren’t able to find reliable services and websites to buy Bitcoin.
And here at TheMoneyMongers, we work to resolve such issues of the BTC buyers by providing them reliable, tested, and legit Bitcoin investment sites.
After all, this is one of the most asymmetrical investments anyone will make in their lives as it has the potential to go to 10x or 100x in a short period.
Having said that let’s get in and see some of the best places from where you can buy real bitcoins in a hassle-free and cost-effective way.
Best & Trusted Bitcoin Investment Websites In 2020
| Best Websites To Buy Bitcoin (BTC) | Quick Buy Links |
| CEX.io (All Countries) | Buy BTC Now [Recommended] |
| Coinbase (UK, USA, Europe, Canada, etc) | Buy BTC Now |
| Coinmama (All Countries) | Buy BTC Now |
| Bitit (US, UK, Europe, Australia, Canada, etc) | Buy BTC Now |
| Paxful (P2P-All Countries) | Buy BTC Now |
| LocalBitcoins (P2P-All Countries) | Buy BTC Now |
| Wirex (Europe & UK) | Buy BTC Now |
| Binance.je (UK & Europe) | Buy BTC Now |
| BitBay | Buy BTC Now |
| Exmo | Buy BTC Now |
| Bitpanda | Buy BTC Now |
#1. CEX.io
- Countries Servicing: All countries are supported except a few.
- Supporting Fiat: EUR, USD, and GBP
- AML/KYC Requirements: Mandatory AML/KYC is required
Another best place to get your bitcoin is through CEX.io.
I have used CEX.io a couple of times, and I should say the experience has been smooth. Also, their platform’s UI is very clean and easy to navigate.
CEX.io is also an old player in the Bitcoin space and has been here from 2013 with the experience of serving more than 1 million customers.
CEX.io allows you to buy BTC on its platform through credit/debit cards or via bank wire transfers.
Also, CEX.io supports most of the countries around the world except, Afghanistan, Bosnia and Herzegovina, Bangladesh, Bolivia, Burundi, the Democratic Republic of the Congo, Central African Republic, Cuba, Algeria, Ecuador, Ethiopia, Iraq, Iran, Iceland, Cambodia, North Korea, Laos, Lebanon, Libya, Morocco, Nepal, Pakistan, Somalia, South Sudan, Sudan, Syria, Uganda, Vietnam, Vanuatu, Yemen, Zimbabwe.
Lastly, as of now you can deposit or withdraw EUR, USD, GBP currencies using a bank transfer and you will be charged 0% on deposits & 1% on withdrawals for dealing in Bitcoin.
#2. Coinbase (Most Popular Bitcoin Website)
- Countries Servicing: Coinbase serves 42 countries.
- Supported Fiat: USD, EUR, GBP (via SEPA)
- AML/KYC Requirements: Mandatory AML/KYC is required
Coinbase is one of the pioneer companies to start selling Bitcoin in early 2012.
It is based out of California, the USA and is one of the first to obtain BitLicense in the US from the regulators.
And when it comes to Bitcoin, Coinbase has become synonymous to a Bitcoin investment site in the US and UK. As of now, Coinbase serves in 40+ countries from where investors can buy BTC in fiat currencies like USD, EUR, SGD or AUD, etc.
Coinbase is also the best place to buy BTC because it supports fiat ban transfers and credit/debit cards both. That’s all types of investors can easily buy BTC through Coinbase.
But of course, one needs to complete their KYC check by submitting required identity verification documents to Coinbase. This is because the laws require so to protect against AML.
Lastly, Coinbase new users can get an additional bonus of $10 in BTC when they signup using this link and do a transaction of atleast $100 !!
#3. Coinmama
- Countries Supported: All countries
- Supporting Fiat: EUR, USD etc
- AML/KYC Requirements: KYC is mandatory.
When you are in a hurry and want to buy bitcoins fast, Coinmama is the way to go !!
Plus they are reliable too as they have been here since 2013 and have served more than 1.5 million customers worldwide.
Initially, they only used to sell BTC for credit/debit cards, but with time they have too evolved with the market, and in 2018 they started supporting bitcoins via SEPA transfer for 33 Euro nations.
Of course, if you decide to buy bitcoins via SEPA, it may take a couple of days, but with their credit/debit card feature, you can expect bitcoins in 30 minutes right into your wallet.
Moreover, Coinmama requires you to complete your KYC before you can use their service and this is done to adhere to KYC-AML laws for dealing in fiat currencies.
Note: Coinmama doesn’t provide and inbuilt Bitcoin wallet on their platform. So if you decide to use Coinmama, then you need to set up your Bitcoin wallet first.
#4. Bitit
- Countries Servicing: US, UK, Europe, Australia, Canada, etc
- Supporting Fiat: EUR, CHF, GBP, etc
- AML/KYC Requirements: Verification is mandatory to deal with fiat.
Bitit service is quite popular in Europe and it is based out of Paris, France since 2015.
As of now, Bitit supports fiat currencies such as EUR, CHF, GBP, etc and also credit/debit cards so that you can buy Bitcoin easily.
Recently, Bitit also launched its EUR wallet feature powered by SEPA which allows customers of the 35 SEPA nations to deposit EUR into their Bitit wallet to purchase 50+ cryptocurrencies including Bitcoin
Using the EUR Wallet will cost you only 0.25% per trade and 0.15% for deposits & withdrawals (minimum €3). Plus you will enjoy the increased purchase limits of up to €30,000 per week.
#5. Paxful
Paxful is another peer-to-peer service like LocalBitcoins but it is much bigger as it supports several other currencies including Bitcoin.
Paxful is based out of the US and is operating in the space since 2015. Surely, this is some experience given the pace at which the cryptosphere moves.
Another cool thing is, that it supports many payment methods that even LocalBitcoins don’t support (300+ payment methods including PayPal).
Paxful is also having an escrow system so that sellers & buyers cannot cheat you when you have paid them or released the bitcoins.
#6. LocalBitcoins
- Countries Servicing: All countries
- Supporting Fiat: All fiat currencies
- AML/KYC Requirements: KYC is not mandatory.
LocalBitcoins is my favourite, and I have used their service quite a few times by now.
LocalBitcoins for those of you who don’t know is a dedicated Bitcoin investment site where you can deal with Bitcoin in a peer-to-peer fashion.
Also, LocalBitcoins has been here since 2012 and is based out of Finland, Europe. You will find on-ground Bitcoin buyers and sellers in more than 15000 cities and 200 countries through LocalBitcoins.
That’s why LocalBitcoins has made a name for itself.
Moreover, it supports more than 10 payment options such as cash, credit cards, debit cards, bank transfers, cash deposits, gift vouchers, etc.
So you can decide to meet the buyers/sellers in person and coordinate through the LocalBitcoins platform for the terms of the deal.
And not only this, but LocalBitcoins also acts as an escrow between the two parties so that both parties feel secure to trade between them, hence making it easily the best BTC investment site.
And its escrow fee service is also as low as 1% which is I think is entirely fair for overseeing Bitcoin trades on its platform.
#7. Wirex
Wirex is another service that you can use if you are interested in Bitcoin.
Wirex is based out of London, the UK and has been serving the community since 2015. It also issues crypto debit cards but its main USP is the ease with which you can exchange your fiat money into Bitcoin.
You get a regulated crypto-linked bank account which you can use to keep multiple currencies including Bitcoin and USD. You can also top-up the account with fiat currencies from other bank accounts to buy Bitcoin from it.
Note: Wirex has also started supporting countries like Australia, Hong Kong, Malaysia, Singapore, South Korea, and Taiwan. Also, when using the Wirex debit card, you get 0.5% cashback in Bitcoin.
#8. Binance.je
Binance.je (Binance Jersey exchange) is the sister exchange of Binance exchange launched specifically for the UK and European residents to help them buy Bitcoin in fiat currencies like EUR or GBP.
You, of course, need to complete a KYC on this exchange but the process is a bit easier than other exchanges. So if you are a resident in Europe or UK who wants to buy Bitcoin in their fiat currencies, Binance is the way to go !!
Sign up for Binance.je for free
#9. BitBay
- Countries Servicing: US, UK, Europe Region
- Supporting Fiat: EUR, USD, PLN
- AML/KYC Requirements: Verification is mandatory to deal with fiat.
Of course, I understand that when you are looking for the best investment websites for Bitcoin, then you must be looking to do it cheaply.
BitBay is one of the best places to buy Bitcoin because it provides value for money and has the necessary experience of dealing with crypto customers since 2014.
BitBay is quite famous in Europe and is often touted as the cheapest place to buy Bitcoin for fiat currencies.
Using BitBay, you can deposit USD via a Swift bank transfer and deposit EUR via a SEPA transfer, which you can later use to buy Bitcoin on the BitBay Platform.
There are no fiat deposit fees when you use BitBay, but when you withdraw fiat to a bank account, you need to pay a minimum charge of $20 for USD and €4 for EUR.
Note: Non-SEPA transfers In the case of a EUR non-SEPA transfer (e.g., the United Arab Emirates) SWIFT rates apply (as per USD). Also, BitBay allows you to buy other cryptocurrencies with a bank account including Bitcoin.
Lastly, BitBay requires you to get yourself verified by doing a KYC check before you can use the platform. This is necessary because you are dealing with fiat currencies here.
#11. Exmo
- Countries Servicing: +100 countries except for China, Middle East Countries & North Korea
- Supporting Fiat: EUR, USD, PLN, RUB, UAH
- AML/KYC Requirements: Verification is mandatory to deal with fiat.
If you are someone who needs detailed charts and tools of technical analysis before buying bitcoins, then the Exmo service is for you !!
Exmo has been here since 2013 and is based out of London, UK.
Having served more than 1.5 million crypto users, they have it what it takes to make one of the best places to buy bitcoins in Europe, the UK, and the US.
It is also amongst the cheapest place to buy BTC because it charges quite low in comparison to its other peers for providing the same number of payment options.
The several payment options from which you can freely choose are Visa / MasterCard, AdvCash, Payeer, Skrill, Euro Wallet, and SEPA Bank Transfer, etc.
Lastly, they also have a cashback program in which you can get up to 70% of your trading fee back if you decide to buy/sell bitcoins on it; amazing isn’t it !!
#12. Bitpanda
Bitpanda, also known as the Coinbase of Europe.
Bitpanda was established in 2014, and it is a reliable retail Bitcoin broker in Europe which is even faster than Coinbase.
And not only this Bitpanda is a reliable Coinbase alternative and provides more options to its users both, in the number of cryptocurrencies and payment methods.
As of now, Bitpanda supports popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, etc.
Bitpanda has several payment options from which you can freely choose between SOFORT-Transfer, Visa / MasterCard, NETELLER, Skrill, GIROPAY / EPS, Amazon.de Voucher, Euro Wallet and Bank Transfer.
To be able to trade on Bitpanda you need to be verified first. So please keep your all profile data ready to start the verification process.
Which Are The Legit & Real Bitcoin (BTC) Investment Sites?
I know you are still wondering which are the best BTC investment sites but let me tell you that all the above services that we have listed are the best in the business.
Also, in terms of customer support, these services are decent and you need not worry about their authenticity.
Moreover, when you use any of the above-listed services you get real bitcoins which you can any time transfer under your custody in a self-hosted wallet.
Lastly, we urge you to keep your bitcoins in a safe and secure hardware wallet like Ledger Nano X or CoolWallet S and never leave your bitcoins on any of the above-listed services.
So that’s all from us in this introductory guide on some of the best places to buy Bitcoin. In the future, we will keep updating this section with the latest researched information.
Untill that time keep learning about the Bitcoin revolution with TheMoneyMongers.
If you liked this post? Do share it with your friends who are searching for the best websites to buy Bitcoin !!
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