Bitcoin is a digital currency which has been around for a few years now. It is based on cryptography which is a set of rules that are enforced by a network of computers. It is not a fiat currency, so it must be earned, bought or sold for another currency. There are some good ways to invest in bitcoin and some bad ways. So, lets find out which are the best ways to buy bitcoin in Europe.

Hey, guys. I’m a college student who just started investing in Bitcoin, and I thought I would share some helpful tips on how you can start investing in the digital currency as well. As you may know, Bitcoin is a digital currency that has taken the world by storm, and it’s actually grown in popularity since it was first introduced back in 2009. With that in mind, it’s no surprise that it has become increasingly difficult for a new user to know where to get started. I hope to help with this by providing a list of some of the best ways to buy Bitcoin in Europe.

The digital currency bitcoin has gained a lot of attention in the past year. It’s been described as a “safe haven” asset, or an “alternative currency”, a “digital gold”, and a “speculative bubble”, but given its price fluctuation, some people remain unconvinced. One thing everyone can agree on however, is that it’s never been easier to buy bitcoin. From credit cards to gift cards, bitcoin is now accepted at thousands of online retailers.

9 Best Ways to Buy Bitcoin in Europe. thinkmaverickSo, you’ve made the decision to start investing in Bitcoin is a digital currency (BTC)—congratulations!

 

I’m happy you want to be a (larger) part of the financial revolution, which I think is underway.

 

Bitcoin is a hedge against not just inflation, but also the Covid-19 recession, geopolitical unrest, and social unrest.

 

In reality, Bitcoin is the best-performing asset in history, and it’s on its way to becoming the most trustworthy global currency ever.

 

Cryptocurrency is a scarce, sovereign asset that may be used to store and even increase your money.

 

Buying Bitcoin and other popular cryptocurrencies was difficult in 2014, 2015, and 2016.

 

That has changed as the number of bitcoin exchanges and wallets has increased.

 

Buying Bitcoin in Europe is becoming a lot simpler these days.

 

I discussed some of the top crypto exchanges for buying and selling Bitcoin worldwide in my previous article, but now I’d want to concentrate on the many methods you may purchase your first (small portion of) Bitcoin in Europe.

 

If you live in the EU and want to purchase Bitcoin, our comprehensive guide will help you get started with your crypto investment right away.

 

I’ll go through some of the greatest methods to purchase Bitcoin in Europe in more detail below:

Cryptocurrency Exchanges Best for Methods of Deposit App for mobile devices
Coinbase Beginner’s Choice SEPA bank transfer, credit card, and debit card are all options.
YouHodler Beginners should use this method. Earn up to 12% in cryptocurrency interest. SEPA bank transfer, credit card, and debit card are all options.
CoinSmart Instant Verification is ideal for both beginners and experienced traders. SEPA, Interac eTransfer, Bank Wire, Draft from a bank, Credit Cards, Debit Cards, SEPA, Interac eTransfer, Bank Wire, Bank Draft, Credit Cards, Debit Cards
Kriptomat Fees that are beginner-friendly, low, and transparent SEPA bank transfers, credit cards, Skrill, Neteller, and bitcoin are all acceptable methods of payment.
Reserve of Bitcoin For Europeans, a bitcoin-only brokerage Bank transfer through SEPA x
Exchange of Cryptal Beginners and experienced traders both will benefit from this strategy. Fees that are clear and consistent using a credit card, debit card, cryptocurrency, SWIFT wire transfer, Direct IBAN transfer x
Kraken By daily trading volume, it is Europe’s biggest crypto exchange. Bank transfer through SEPA, credit card, debit card, and SWIFT
CEX.IO A simple, low-cost, and secure method to purchase Bitcoin. Skrill, SEPA, bank transfer, credit card, and debit card are examples of payment methods.
Coinmama Only Bitcoin may be purchased. Bitcoin can’t be sold. SEPA bank transfer, credit card, and debit card are all options. x
Paymium The first Bitcoin exchange in Europe, with the lowest costs. Apple Pay credit card, wire transfer
ChangeNOW Crypto-to-crypto trade in real time Credit cards, cryptocurrency x
LocalBitcoins Cryptocurrency trade on a peer-to-peer basis SEPA, Payoneer, Western Union, and other methods of payment include bank transfer, credit card, PayPal, gift cards, altcoins, SEPA, Payoneer, and Western Union. x
ATM for Bitcoins Purchase Bitcoin in an anonymous manner using an offline method. Cash, debit card, and credit card x

 

To prevent any needless losses or frauds, it’s always a good idea to conduct your own research before putting your hard-earned money into the game.

 

Check out a couple of our guides if you haven’t already:

 

There are two things you’ll need to start purchasing Bitcoin in Europe:

  1. An exchange is a location where you may purchase it.
  2. A wallet is a good location to keep it.

 

Remember that the cryptocurrency exchanges mentioned here are solely for purchasing Bitcoins, not for keeping them.

 

Don’t keep your Bitcoin on any cryptocurrency exchange or platform for longer than necessary.

 

Get a self-hosted Bitcoin hardware wallet, such as a Ledger or a Trezor, and transfer your Bitcoin to it whenever you complete a transaction.

How to Secure your Cryptocurrency? Cold Wallet vs Hot Wallet

Nano S Ledger

What if you don’t have a wallet? Check check our Bitcoin wallets guide.

 

1629572681_317_10-Legit-Ways-to-Earn-Free-Bitcoin-3-is-MyInvesting in Bitcoin works in the same way as changing your EUR to another currency does, only the transactions are digital.

 

The most straightforward approach for novices to buy Bitcoin is via an online exchange.

 

Let’s look at how you can purchase Bitcoin fast via a cryptocurrency exchange:

  1. Look for a cryptocurrency exchange that will take your EUR in exchange for BTC.
  2. Create a free account and go through the KYC (Know-Your-Customer) process. The creation of an exchange account is free, but you must authenticate your identification before you can begin trading. Typically, a crypto exchange would need personal information such as proof of residence, national ID, and phone number.
  3. Begin trading. After your account has been authorized, you may begin purchasing your first (insignificant) Bitcoin. Connect your bank account, make a money transfer to the exchange, and input the quantity of Bitcoin (BTC) you want to buy.
  4. Transfer your Bitcoin to a Bitcoin wallet of your choice. Withdraw your coins from the exchange into a wallet that only you have access to after the transaction is complete.

 

That’s all there is to it.

 

Choosing the best crypto exchange platform may be time-consuming and stressful, especially with so many on the market. 

 

To get you started, here are several well-known and trustworthy cryptocurrency exchanges in Europe where you may purchase Bitcoin.

 

Verification criteria, trading costs, deposit methods, and interfaces vary per exchange.

 

Let’s have a look:

 

12 Best Bitcoin Buying Options in Europe

 

1. Coinbase – The Most Proven

1629614654_73_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Coinbase is a licensed platform that allows anybody in the European Union to effortlessly purchase and sell cryptocurrencies for a low cost. Users from Austria, Belgium, Croatia, Denmark, Finland, Italy, Norway, Switzerland, the United Kingdom, and more than 100 other countries will be able to buy Bitcoin and other cryptocurrencies on the exchange using their local currency.

 

Coinbase is one of the oldest Bitcoin exchanges in the United States, having been founded in 2012. 

 

You can’t go wrong with Coinbase if you’re searching for a secure, easy, and fast method to buy Bitcoin.

 

Coinbase has the biggest client base in the world, and the exchange has filed for an initial public offering (IPO) as Bitcoin prices rise.

 

Coinbase is a highly user-friendly platform. Simply create a free account and verify your identity in a matter of minutes. 

 

As an EU resident, you may purchase Bitcoin (BTC) in two ways after your account is approved:

  • SEPA Bank Deposits are accepted in both EUR and GBP.
  • Visa/MasterCard credit and debit cards are accepted.

 

Depending on your chosen payment method, Coinbase charges various fees.

 

Transferring money from your bank account to Coinbase through SEPA is free, while withdrawing money costs only €0.15. There is a $5 standard charge for sending through SWIFT, so make sure you send enough money. If the amount is less than $5, your money will not be refunded.

 

Buying Bitcoin immediately using debit cards, on the other hand, will cost you 3.99 percent.

1629614655_199_12-Best-Ways-to-Buy-Bitcoin-in-Europe

It’s possible to try it out for as little as $1.

 

Don’t worry if you’re not quite ready to take the leap. Check out Coinbase Earn to learn more about cryptocurrencies while earning cryptocurrency.

 

You may acquire some free bitcoins this way without having to invest any money.

 

 

2. SmartCoins

Coinsmart

 

Coinsmart is a cryptocurrency exchange headquartered in Toronto. Justin Hartzman and Jeremy Koven created it in 2018 after finding it difficult to finance and become confirmed on crypto exchanges.

 

CoinSmart was founded to make the complicated world of cryptocurrency easier to understand. As a result, the exchange is well-known for providing simple Bitcoin access to Canadians and Europeans in general.

 

Here are some of Coinsmart.com’s most notable features.

  • Easy-to-use interface for basic and advanced traders. SmartTrade, Market & Limit Orders. 

  • BTC, ETH, LTC, XRP, XLM, USDT, EOS, BCH, and ADA are among the many coins available. 

  • Instant verification, round-the-clock support, cheap trading costs, and large fiat transaction limits are just a few of the benefits.

  • Fund CAD, EURO, USD with SEPA, Interac eTransfer, Bank Wire, Bank Draft, Credit & Debit Cards. Deposits processed the same day as funds received. Credit & Debit Card purchases processed instantly.

  • Withdraw EURO, CAD, USD with SEPA, EFT & Bank Wire directly to the bank account.

  • Quick cash outs are available. CAD Withdrawals are guaranteed to be processed within 1-5 business days.

  • Premium traders, high-net-worth individuals, and institutional buyers and sellers benefit from world-class OTC and customized trading. They can fulfil any order size due to their liquidity.

  • BitGo, a global leader in crypto storage with a $100 million insurance policy, protects digital valuables.

 

Methods of Funding

E Transfer Interac $100 Min a maximum of $3,000 On purchases of $2,000 or more, there is no fee. On $100 to $1,999, there is a 1.5 percent fee. Received the same day
SEPA €50 Min a maximum of €5,000,000 0% Fee Received in 0-3 business days
Bank Wire a minimum of $100,000 a maximum of $5,000,000 0% Fee Received the same day
Bank Draft $500 Min a maximum of $5,000 0% Fee Received the same day
Card (Credit or Debit) $100 Min a maximum of $5,000 Fees as high as 6% Processing in a flash

Methods of Withdrawal

Transfer of Funds through the Internet $50 Min a maximum of $10,000 Fee of 1% (minimum of $15) Processing Time: 1–5 Days
SEPA €50 Min a maximum of €5,000,000 FREE Fee Processing Time: 1–5 Days
Bank Wire a minimum of $10,000 a maximum of $1,000,000 Fee of 1% (minimum of $15) Processing Time: 1–5 Days

 

Coinsmart Features may be found at www.coinsmart.com/features/.

 

 

Kriptomat No. 3 

1629614659_759_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Kriptomat is an exchange platform located in the European Union that allows users to purchase, sell, transfer, and store bitcoin. It has a complete license in Estonia and is governed by EU regulations.

 

If you’ve never used a cryptocurrency exchange before, Kriptomat allows you to do so in a matter of minutes.

 

Simply sign up for a free Kriptomat account, verify your identity, and you’re ready to go. 

 

You may pay for Bitcoin and other 33+ cryptocurrencies using a number of ways, including:

  • Bank transfer through SEPA:
  • Credit card
  • Neteller
  • Zimpler
  • Skrill
  • Sofort 

1629614660_255_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Using SEPA to fund your Kriptmat account is the cheapest method to purchase Bitcoin. SEPA allows for free deposits and withdrawals.

 

You may trade your EUR for Bitcoin and pay a 1.45 percent transaction charge after the funds have arrived in your account.

 

You may use a credit card if you don’t want to wait for a SEPA deposit and want to receive some bitcoin right now. However, convenience comes at a cost: credit card quick purchase incurs a 3.70 percent processing charge.

 

 

Cryptal Exchange is a fourth option.

1629614662_744_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Cryptal Exchange, based in Georgia and operating since 2018, is a worldwide cryptocurrency exchange that makes buying, selling, and trading Bitcoin very simple for all European Union citizens.

 

Cryptal Exchange is a simple online exchange that allows buyers and sellers to meet in the middle and negotiate a price for exchanging six popular cryptocurrencies:

  • Bitcoin (BTC)
  • attach a tether (USDT)
  • Bitcoin Cash is a cryptocurrency that is backed by (BCH)
  • Ethereum is a cryptocurrency (ETH)
  • Litecoin (LTC) is a cryptocurrency that was launched (LTC)
  • Linking Chains (LINK)

 

It now provides three primary services:

  1. Instant Trade is a novice trader’s instant exchange platform.
  2. Crypto exchange: a full-featured contemporary spot trading platform with more advanced features for seasoned traders.
  3. OTC Desk: a customized solution for institutions and high-net-worth individuals looking to purchase or sell significant quantities of cryptocurrency without disrupting the market.

 

It’s simple to buy and sell Bitcoin on Cryptal Exchange.

  1. Create a free Cryptal Exchange account and confirm your identity.
  2. You may send money to your Cryptal account using a variety of payment options after your account has been authorized. You may begin purchasing Bitcoin for as little as $5.
  3. Purchase Bitcoin. Enter the amount of Bitcoin you wish to purchase and then confirm your purchase.
  4. You will be given your Bitcoin. That is all there is to it. Bitcoin will be sent to your exchange account immediately.

When it comes to spot trading, Cryptal Exchange charges a flat 0.25 percent fee for all transactions.

 

Fees for deposits vary based on how you pay:

  • 3.00 percent for Visa/Mastercard
  • 4.50 percent for American Express
  • Cryptocurrency is a free currency.
  • Free local bank transfer
  • Wire transfers between countries are free.

 

While you may manage and store your coins on Cryptal Exchange, it’s strongly suggested that you save your crypto on your own Bitcoin hardware wallet. When you withdraw Bitcoin to an external wallet, the exchange charges a one-time fee of 0.0005BTC.

 

 

5. Kraken

1629614664_506_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Kraken, which was founded in 2011, is one of the most reputable cryptocurrency exchanges in the world. It’s also the biggest cryptocurrency exchange in Europe in terms of daily trading volume.

 

Kraken offers top cryptos like Bitcoin (BTC), Ethereum (ETH) & Monero (XMR) and more.

 

You can purchase Bitcoin on Kraken in the same way that you can on Coinbase:

  • Use a debit or credit card to make a purchase.
  • Connect your European bank account and send money through SEPA.

 

There is a charge of 3.75 percent + €0.25 every transaction if you want to purchase bitcoin immediately using a debit/credit card, which is rather expensive.

 

If you don’t mind waiting a little longer, sending cash through SEPA may save you money since there is no deposit charge, but your fiat currency may take up to three business days to reach your Kraken account.

 

If you have a Fidor Bank AG bank account in Germany, the good news is that you may send and receive money to and from your Kraken account very quickly and for free! 

 

What’s more, Kraken offers some of the industry’s lowest trading costs. 

 

The charge schedule for normal spot trading, which ranges from 0.26 percent to 0.00 percent, is as follows:

 

1629614665_813_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

As you can see, the more trades you make, the cheaper your charge will be.

 

And you can start investing in cryptocurrencies with Kraken for as little as 1EUR.

 

 

6. CEX.IO

1629614667_760_12-Best-Ways-to-Buy-Bitcoin-in-Europe

CEX.IO is a cryptocurrency exchange located in the United Kingdom that provides a fast, inexpensive, and secure method to purchase Bitcoin.

 

You may buy Bitcoin on CEX.IO using a credit/debit card or a bank transfer.

 

If you want to buy a significant number of bitcoins, you need fill your account using a bank transfer. If you just want to purchase Bitcoin quickly and easily, you may do it with a single click using your debit or credit card.

 

Bitcoin, Ethereum, Bitcoin Cash, Dash, and a variety of other cryptocurrencies are presently supported by CEX.IO. 

 

One of the following ways may be used to finance your CEX.IO account:

  • VISA: Each deposit will be charged a fee of 2.99 percent.
  • MasterCard charges a 2.99% deposit fee.
  • Skrill charges a deposit fee of 3.99 percent.
  • Bank transfer: no deposit fee, 0.3 percent + € 25.00 withdrawal fee
  • SEPA: There is no charge for deposits or withdrawals.

 

It’s extremely easy to buy and sell Bitcoin on CEX.IO. Simply create a free account, verify your identification, and deposit money into your account, and you’re ready to buy your first (or second) Bitcoin.

 

CEX.IO is a mobile app that lets you buy, sell, and trade crypto assets while on the move.

 

 

Coinmama is number seven.

1629614669_814_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Coinmama is a reputable cryptocurrency exchange that has been in operation since 2013 and is renowned for its high limitations for purchasing Bitcoin using a credit card.

 

Convenience, on the other hand, comes at a cost. Using a credit card to purchase Bitcoin may result in costs of up to 5.5 percent.

 

Is it possible to prevent it?

 

Yes, Coinmama now allows Europeans to purchase Bitcoin immediately using their bank account (SEPA).

 

SEPA bank transfer enables you to purchase large quantities of cryptocurrency at cheaper costs than purchasing Bitcoin with a credit card.

 

SEPA allows you to purchase up to 12,000 USD of cryptocurrency each day with no transaction costs.

1629614670_274_12-Best-Ways-to-Buy-Bitcoin-in-Europe

What makes Coinmama stand out?

To begin with, unlike other exchanges, Coinmama exclusively allows crypto sales. To put it another way, you won’t be able to sell Bitcoin for Euro on Coinmama.

 

Second, Coinmama does not come with its own wallet. As a result, while placing a purchase, you’ll need to give your wallet address. This is very cool. For optimum protection, store your Bitcoin in your own private wallet rather than utilizing a free exchange wallet.

 

On Coinmama, you can purchase Bitcoin in the following ways:

  1. Sign up for a Coinmama account. Go to Coinmama’s official website and create a free account using your email address.
  2. Check the status of your account. To prove your identification, fill in your personal information and submit your ID or passport.
  3. Purchase Bitcoin.
    1. Credit card: You have the option of purchasing a fixed quantity of BTC or entering a bespoke amount up to $5,000.
    2. SEPA bank transfer: Enter the amount of Bitcoin you’d like to buy and start a SEPA bank transfer.
  4. Place your order by entering your Bitcoin address (this is where Coinmama will deliver your bought coins).
  5. When you make a deposit, coins will be sent directly to your private wallet.

 

 

Bitcoin Reserve (number 8)

1629614671_76_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Bitcoin Reserve is a bitcoin-only brokerage headquartered in Estonia that services customers all across Europe.

 

Why is bitcoin the only currency available? Rather than distracting consumers with a plethora of alternative options (in order to collect more fees), concentrating only on assisting Europeans in accumulating bitcoin would best serve their interests.

 

“Bitcoin is the world’s future reserve currency,” says one expert. — Nik Oraevskiy, the company’s founder

 

Users may take use of two main services provided by the brokerage. The first, dubbed Flash, allows users to purchase and sell bitcoin instantly with limits of up to $60,000 (€50,000). This service may let customers to buy modest quantities of bitcoin at regular intervals, essentially euro-cost averaging their investment and mitigating some of the volatility of BTC.

 

1629614672_688_12-Best-Ways-to-Buy-Bitcoin-in-Europe

In addition, Bitcoin Reserve’s Concierge service allows users to purchase and sell bitcoin in quantities more than the $60,000 (€50,000) limit.

 

 

Paymium (number 9)

1629614673_723_12-Best-Ways-to-Buy-Bitcoin-in-EuropePaymium was the first European Bitcoin exchange, and it is regulated in Europe. It was founded in France in 2011.

 

The apparent benefit of purchasing Bitcoin via this exchange is that their fees are among the lowest on the market. On all maker orders, you will be charged a fee of -0.01%.

 

That means you’ll not only save costs, but you’ll also earn 0.1 percent cashback on every transaction you make via your Paymium account.

 

You’re a taker if you want your order completed right away at market pricing, and you’ll have to pay a 0.5 percent taker charge.

1629614675_20_12-Best-Ways-to-Buy-Bitcoin-in-EuropeWire deposit in €, credit card/Apple purchase in EUR, USD, and GBP are among the deposit options.

 

A mobile version is available, allowing you to purchase and sell crypto assets at any time and from any location.

 

Plus, with Paymium, your money is secure since it is safeguarded by Weg bank, a German partner bank located in Munich.

 

 

ChangeNOW is a cryptocurrency swap service.

1629614676_173_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

ChangeNOW is a fantastic place to start if you already have some cryptocurrencies and want to convert them to Bitcoin.

 

ChangeNOW, unlike the other crypto exchanges on our list, is a crypto-to-crypto exchange that lets you trade Bitcoin for 170+ altcoins. 

 

Their quick purchase option also allows you to buy Bitcoin with a credit card in EUR.

 

One of the best features of ChangeNOW is that you may immediately get Bitcoin by exchanging cryptos.

 

There is no need to establish an account. You won’t have to go through any long sign-up or KYC processes, either.

 

Instead, you may trade any currency for any other coin, as many times as you desire, with no maximum restriction.

 

You can easily trade crypto in four easy steps thanks to its user-friendly interface:

 

Step 1: Decide on a currency. From the drop-down box, choose the coins you wish to trade and enter the amount. ChangeNOW will compute the quantity of particular currencies you’ll get automatically.

 

1629614677_761_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Step 2: To get your converted currency, enter your wallet address.

 

1629614678_638_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Step 3: Double-check everything. If everything seems OK, click “Confirm” to proceed.

1629614679_746_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

Step 4: Make a deposit to their wallet address, and your coins will be in your wallet in 5 to 30 minutes.

 

Pros:

  • Quick and simple
  • There are no transaction restrictions.
  • Compare exchange rates to get the best deal, and receive money into your wallet practically instantly.

Cons: 

  • It’s mostly used for crypto-to-crypto trading.
  • Bank deposits in EUR are not accepted.

Here is where you can get the greatest conversion rate with ChangeNOW.

 

 

LocalBitcoins is number eleven.

1629614681_175_12-Best-Ways-to-Buy-Bitcoin-in-Europe

 

LocalBitcoins is my preferred method of purchasing Bitcoin directly from a seller without having to navigate complicated trading charts or pay excessive trading fees.

 

It’s a peer-to-peer Bitcoin exchange that allows you to buy, sell, and trade Bitcoin with individuals all across Europe.

 

LocalBitcoins not only links you with other individuals seeking to purchase or sell Bitcoin, but it also serves as an escrow for both parties’ protection.

 

Go to LocalBitcoins and do a fast search to get a list of prospective sellers. You may browse around, compare prices, and discover the greatest deal here.

 

There are also a variety of payment methods accessible, including bank transfer, credit card, PayPal, gift cards, cryptocurrencies, SEPA, Payoneer, Western Union, and additional ways not seen on other crypto platforms.

 

What’s the greatest part?

The trade cost on LocalBitcoins is 0%. On LocalBitcoins, registering, buying, and selling Bitcoin is totally free. There are no fees for deposits, withdrawals, transactions, or escrow.

 

If you want to promote your buy or sell offers, you will only have to pay a 1% charge for each successful transaction.

 

Aside from that, the price you see is the actual cost of purchasing a particular quantity of Bitcoin.

 

However, since you’re interacting with strangers, there are a few important safety measures you should take to avoid being scammed.

 

Visit this post for additional information on how to purchase Bitcoin securely on LocalBitcoins, including all of my recommendations.

 

 

12. Using a Bitcoin ATM in a Non-Online Environment

How to Use a Bitcoin ATM- Ultimate Guide for Beginners

 

If you don’t want to buy Bitcoin online via a cryptocurrency exchange, a Bitcoin ATM machine is a good alternative.

 

It functions similarly to a traditional ATM, where you input a bank card to withdraw cash. Except in this instance, you put your local currency (Euro) into a Bitcoin ATM, and you get Bitcoin sent to your own private wallet.

 

It’s basic, straightforward, and quick. To purchase Bitcoin using an ATM, you don’t need to create an account, select a strong password, or have a bank account.

 

The task is to locate a Bitcoin ATM in your area.

 

Fortunately, Coin ATM Radar makes finding all of the nearest Bitcoin ATMs around you a breeze.

 

Simply input your current location, and Coin ATM Radar will display all accessible Bitcoin ATMs on a map for you.

 

Before going to the ATM machine, go through the fees, limitations, and other conditions.

 

Above all, remember to bring your Bitcoin wallet address, which is the BTC address where you’ll get your bought bitcoin.

 

Depending on the kind of Bitcoin ATM Machine you’re using, the buying and selling procedure may differ. 

 

However, here is how you can purchase Bitcoin from a BTC ATM in general: 

  • On the ATM machine, enter the amount of BTC you wish to buy and your chosen BTC address.
  • Place money in the proper spot.
  • That is all there is to it. Coins will be sent directly to your Bitcoin wallet from the ATM.

 

Bitcoin ATMs were formerly a convenient and anonymous method to purchase Bitcoin. To use it, you do not need to provide a national ID or a cell phone.

 

However, many ATMs now demand some sort of identification verification before you can begin purchasing or selling. So, before you go any farther, you double-check the verification criteria.

 

The hefty costs associated with utilizing a Bitcoin ATM are the most significant drawback. Buying or selling Bitcoins will cost you 7-12 percent in fees.

 

Furthermore, they often have smaller deposit and withdrawal limits, making them unsuitable for big Bitcoin transactions.

 

Do you want to purchase Bitcoin from an ATM?

You may find our full beginner’s Bitcoin ATM Guide useful.

 

Final Thoughts — Purchasing Bitcoin in Europe

So there you have it! By now, you should have a good understanding of how to purchase Bitcoin in Europe utilizing some of the most renowned and reliable platforms:

  1. Beginners should use Coinbase.
  2. Beginners and Advanced Traders will benefit from Cryptal Exchange.
  3. Kriptomat – Simple to use, with cheap and transparent costs.
  4. YouHodler is the best way to earn cryptocurrency interest.
  5. Kraken is Europe’s largest cryptocurrency exchange.
  6. CEX.IO
  7. Coinmama – You can only purchase Bitcoin with a credit card or through SEPA, and you can’t sell it.
  8. For Europeans, Bitcoin Reserve is a BTC-Only Brokerage.
  9. Paymium – The cheapest option on the market.
  10. ChangeNOW is the best option for a quick crypto-to-crypto exchange.
  11. LocalBitcoins — Buy Bitcoin with no fees on a peer-to-peer exchange.
  12. Bitcoin ATM – Buy Bitcoin anonymously with cash at a Bitcoin ATM.

 

To make your first Bitcoin investment in Europe (or anywhere else in the globe), follow these steps:

  1. Look for a Bitcoin exchange.
  2. Convert your native money, such as EUR, to bitcoins.
  3. Transfer your bitcoins to a Bitcoin wallet that is safe and secure.

 

Welcome to the Bitcoin world!

 

The Bitcoin revolution is still in its early stages. So, invest some time in self-education, earn some free Bitcoin, and remain secure.

 

Do you have any further inquiries? Please feel free to leave a remark in the section below.

Finally, if you like this article, please share it on Facebook, Pinterest, and Twitter.

 

Next, I’ve selected a few books for you to read:

 

I’m obsessed with earning money online. 

Soon, I’ll be providing additional tips and recommendations. Keep an eye out for updates.

Sign up for my emails here if you haven’t already.

Since the beginning of Bitcoin, some countries have been more open to buying and selling crypto than others. This was a good thing for Bitcoin users, who could purchase the currency without too much hassle. However, since the government crackdown on cryptocurrency, some countries have embraced Bitcoin and crypto more than before.. Read more about best way to buy and use bitcoin and let us know what you think.

Frequently Asked Questions

Where is the easiest place to buy bitcoins?

The easiest place to buy bitcoins is through Coinbase.

Whats the safest way to buy Bitcoin?

The safest way to buy Bitcoin is through a trusted broker. You can also use an exchange like Coinbase or Gemini to purchase Bitcoin.

This article broadly covered the following related topics:

  • buy bitcoin with credit card
  • how to invest in bitcoin
  • bitcoin account
  • buy bitcoin with credit card instantly
  • buy bitcoin with credit card no id
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