Ever since it was created in the year 2009, Bitcoin has been growing steadily. When it was newly launched, there were not many buyers of this cryptocurrency. Most people did not expect Bitcoin to grow exponentially over the years. The early investors, who took a risk in the beginning by investing in Bitcoin, have earned a humongous profit. The ones who were suspecting this new phenomenon could do nothing but repent when they saw how well it grew. If you are looking to benefit from buying this cryptocurrency, you must find out for legit ways to but the same. It is important that you look out for safe and secure digital exchanges that will allow you to buy and sell Bitcoin.
If you look up on the internet, you would notice that there are several exchange platforms that will allow you to buy and sell Bitcoin. You must know that not all of them are good for you. There are several factors that must be considered before you finalize the right cryptocurrency exchange for you. Coinbase is one of the many digital exchanges where you will be able to buy and sell the cryptocurrency. If you are unsure of the right one for you, you should not look anywhere else and trust Coinbase for Bitcoin transactions. You can also use Coinbase buy Bitcoin with credit card.
There is a reason why we suggest you use Coinbase for buying and selling Bitcoin. It is by far the oldest and most trusted cryptocurrency exchange platform. It started in the year 2012, and ever since its inception, it has been gaining popularity with new users regularly. If you are a new user, you will not get a better option than Coinbase as they are very user-friendly. As compared to other exchanges, it has a higher buying limit which allows you to buy more at a time. It also has high liquidity which means you can sell off your cryptocurrency at any point of time.
When you use Coinbase to buy Bitcoin, you have a few options to choose from. The cheapest option is to link your bank account as you will have to pay a low amount of fee. You can also buy the cryptocurrency using your debit card or credit card. However, you would have to pay a higher fee amount. If you are using Coinbase buy Bitcoin with credit card, you would have to pay more as credit card payments attract a processing fee. The fee is included in the overall fee that you pay to Coinbase for buying the cryptocurrency. To start off, you would have to create an account on their website and get yourself registered. You would also have to link your credit card so that you can easily pay for your transaction when you are buying Bitcoin. If you are concerned whether it is safe to link your credit card and pay through their platform, then you should not worry. Coinbase is highly trusted by over 30 million people as it is a safe platform for buying and selling Bitcoin.