The easiest way to buy Bitcoin online

Getting into Bitcoin can be a little tricky.  There are plenty of places to buy Bitcoin, but unfortunately they can't all be trusted and many can be difficult to use.  So i've put together a few options on what I think are the easiest places to buy Bitcoin online.  While these sites may not be the best if you want to buy a couple million $ worth of bitcoin ;p, they are perfect for getting started with your first investment.

Coinbase

In my opinion Coinbase is the easiest way to buy bitcoin.  Depending on the country you live in, they offer different deposit options including credit card and instant bank transfer.  They also offer one of the simplest verification processes.  I was able to join coinbase, get verified and buy bitcoin all within about 15 minutes.

Coinspot

If you live in Australia, then the easiest way to buy Bitcoin is on CoinSpot.  Although Coinbase supports Australian users, they don't allow you to sell Bitcoin in Australia through their platform.  Coinspot supports both buy and sells.  You can buy Bitcoin using PoLi which allows you to make instant deposits via your bank account.

eToro

If you're looking to invest in Bitcoin with PayPal, credit cards or other fiat then eToro is a good option.  eToro acts as a guardian, so you don't need to worry about storing the Bitcoin securely yourself.  It's also one of the only places that allows you to deposit using PayPal.

Get $10 Free Bitcoin

If you sign up for Bitcoin here, you'll get $10 free bitcoin when you buy at least $100 worth on Coinbase.  Here's how:

  1. Sign up for Coinbase here
  2. Make a purchase of $100 (doesn't need to just be bitcoin, could be Litecoin or Ethereum)
  3. You'll get $10 worth of Bitcoin completely free.

Where do you go to buy bitcoin?  Let me know in the comments.


Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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