The Best Bitcoin Exchanges

best bitcoin exchanges
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Looking to purchase Bitcoin online? First you should know what exactly what bitcoin is!

In this article we'll take a look at the most Popular and Trusted Bitcoin Exchanges. These options are great if you're located in the United States and can provide verification before bitcoin purchase. Each respective website will detail it's own requirements and fees.

The 6 Best Bitcoin Exchanges

Description

Coinbase has emerged as one of the high profile names in the Bitcoin world placing itself on the top as a one stop solution for Bitcoins. Coinbase currently is the quickest and easiest way to buy Bitcoins in the USA. New users can earn $10 of free Bitcoin when funding your account with at least $100. Click here to earn $10 of free Bitcoin.

Details

  • Fees: Coinbase charges 3.99% fees for credit/debit card purchases but you can get your coins instantly. 1.49% if you buy through your bank account.
  • Pro: "Instant Buy" option available with credit card or debit card
  • Con: Purchases made with bank transfer can take up to 5 days to complete

User Interface

Easy to Navigate

Fees

Average

Reputation

Trusted

Description

Coinmama is one of the most popular digital currencies exchanges available. It allows customers in almost every country to buy bitcoin with a credit or debit card as long as it's a Visa or MasterCard.

Details

  • Fees: Coinmama charges a 6.6% fee on each purchase. 5% additional fee for credit/debit card purchases, but you can get your coins instantly.
  • Pro: Reliable and trusted broker and works in almost all countries.
  • Con: Some of the highest fees among credit/debit card bitcoin brokers.

User Interface

Easy to Navigate

Fees

High

Reputation

Average

Description

Coinbase's exchange, GDAX, is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. GDAX offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.

Details

  • Fees: Possible to buy bitcoins for 0% fees.
  • Pro: Lowest fees available for US and UE users.
  • Con: The user interface is not easy to navigate for beginners.

User Interface

Difficult to Navigate

Fees

Low

Reputation

Trusted

Description

CEX.io lets you buy bitcoin with a credit card, ACH bank transfer, SEPA transfer, cash, or AstroPay. Purchases made with a credit card give you access to your bitcoin immediately. CEX.io works in the United States, Europe, and certain countries in South America.

Details

  • Fees: Low 0.2% trading fee.
  • Pro: CEX.io is one of the oldest Bitcoin exchanges around so it is trusted.
  • Con: Verification process more intensive than most exchanges and requires a photo ID.

User Interface

Easy To Navigate

Fees

Average

Reputation

Trusted

Description

Conveniently buy bitcoin. BitQuick is one of the fastest ways to buy bitcoins in the United States using cash deposit. Users can browse a wide range of offers at various prices. Once a desired offer is found, buyers visit a bank to make a cash deposit into the seller's account. Buyers then usually receive their bitcoins within an hour.

Details

  • Fees: 2% fees for buyers.
  • Pro: One of the fastest ways to buy bitcoins.
  • Con: 2% fees for buyers are a bit high for cash trading.

User Friendly

Easy To Navigate

Fees

Average

Reputation

Trusted

Description

LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. The most common method of payment for purchase is cash deposit. However, users may advertise trades for whichever payment method they prefer.

Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country.

Details

  • Fees: Transactions to wallets of other LocalBitcoins users are free.
  • Pro: May be one of the fastest and most private ways to buy bitcoins in the United States.
  • Con: Can be more difficult to purchase larger amounts of bitcoins.

User Friendly

Difficult to Navigate

Fees

Low

Reputation

Trusted

Brian Meiggs
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Brian Meiggs

Brian is the founder of Millennial Money Guide, a website aimed to help people take control of their financial lives. When not helping others reach their financial and career goals, Brian can be found at the gym, traveling, crossing items off his bucket list, or exploring Washington, DC!
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Best Bitcoin Exchanges

1 COMMENT

  1. I use Coinbase and it works great for me. Clean interface and easy to use as described. Great article, thanks for sharing!

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