Post Menu and Details.
- What Is Bitcoin?
- Why Should You Buy The Cheapest Bitcoin?
- The Best Cryptocurrency Exchanges To Buy The Cheapest Bitcoin
Reading time: ~4 minutes
Are you looking for the lowest Bitcoin price? If so, then you have come to the right place. Bitcoin has been the most common type of cryptocurrency and is used widely in the world. Everyone wishes to find the lowest Bitcoin price, and that’s why we are here for you. In this article, we will provide you different websites where you can find and compare the lowest Bitcoin prices. Keep reading to find out!
What Is Bitcoin?
Bitcoin is a digital currency developed in 2008 by an anonymous individual or team of individuals under the title Satoshi Nakamoto; however, it was launched in 2009 when its code was published as a public source program. It is an electronic or online currency that enables immediate payments using peer-to-peer software. Bitcoins aren’t provided or assisted by any corporations or authorities, nor are specific Bitcoins significant as a product. Despite this, Bitcoin charts are viral and have prompted the release of thousands of other digital currencies generally called Altcoins.
Why Should You Buy The Cheapest Bitcoin?
The cost of Bitcoin is highly volatile, which implies that prices may rise and descend pretty quickly. Consequently, the current Bitcoin cost may vary a lot during the day. Buyers need to keep this uncertainty in view whenever they wish to purchase Bitcoin. But first, you have to select the cheapest dealer. When you pick the cheapest dealer, you will effectively save cash on trading charges, contributing to even more Bitcoins for your investment. As you’ll notice, the trading charges will differ dramatically based on which dealer you select. Secondly, you can also choose an exchange that will provide you different sellers giving their offers to help you buy the Bitcoin.
If the price of Bitcoin constantly declines, it might be better to purchase it in parts. You may purchase a certain quantity of Bitcoin to save a bit of your cash to buy for the next week. You’ll be benefitted if the cost decreases again since your average cost would be cheaper.
The Best Cryptocurrency Exchanges To Buy The Cheapest Bitcoin
Now, it’s time for the most awaited section. Here, we will provide you effective cryptocurrency exchange options to buy the cheapest Bitcoin so that you can get an advantage for your investment. Let’s have a look at the ways given below:
The first cryptocurrency exchange on our list is Coinbase. Coinbase is among the largest cryptocurrency businesses around, serving more than 100 states, with over 30 million users throughout the world. It provides a wide variety of facilities; however, the primary service enables customers to purchase and trade Bitcoins via a bank balance, debit, or credit card. The prices of the Bitcoin given by Coinbase are quite low, and their customer service is also excellent.
The amount you will pay includes the following:
- The market rate of +0.5 percent for Coinbase Pro
- Transaction charge – A fixed payment for payments less than $200 or a proportion of the payment fee
Other than that, when buying Bitcoin through Coinbase, you can pay a minimum of 1.49 percent of your purchasing price as a commission. You must pay it unless you transfer fiat money into the Coinbase system before you purchase Bitcoin. Coinbase will not charge for down payments of fiat currencies made via cash transfer. However, if you’re using a payment card to purchase Bitcoin, Coinbase may charge at least 3.99 percent of your purchasing price.
The pros of Coinbase cryptocurrency business are as follows:
- It is straightforward to use.
- It offers low prices for Bitcoin.
- It offers an insured BTC installment.
The con is:
- Deposits may be slowed down for 72 hours.
Otherwise, it is an exceptional way to buy cheap Bitcoins. You can register yourself on their website https://www.coinbase.com/ if you are planning to buy the Bitcoin from here.
Bitvavo is another amazing cryptocurrency exchange that gives low Bitcoin prices. They aim to fill the distance through a ‘single stop shop’ layout among fiat money and cryptocurrencies, including affordable and clear costs, low prices as well as a reasonably wide range of cryptocurrencies. Bitvavo has also extended its facilities from a dealer to the marketplace, allowing it to be the cheapest platform with its currency provided directly. They offer the cheapest Bitcoin for you. Bitvavo offers only fiat money down payments. Their website is https://bitvavo.com/en, where you can register yourself to start investing.
Bitvavo trading charges are 0.25 percent for holders. This amount complies with the standard for the market. This exchange even gives a slight discount to producers, who sell at a rate of 0.20 percent. Finally, the trading charges are decreased as the dealer raises trading rates. For buyers, they will decrease their prices by as little as 0.10 percent and a refund of 0.05 percent for producers (creating the trading rate of the producer about -0.05 percent).
- It is quite simple.
- It possesses modern software.
- They don’t offer credit card deposits.
The last but not least option on our list is Bitstamp. Bitstamp is the most famous with collectors of moderate and experienced cryptocurrencies, and it is used for fiat money to buy more developed cryptocurrencies. Bitstamp provides low costs and has already been regarded as a great way to trade vast electronic currency quantities. Their website is https://www.bitstamp.net/.
Dealers appreciate the low costs offered by Bitstamp. They are charged levied with three forms of fees: Deposit, exchange charges, including redemption fees. Unless you already possess assets on the platform, then a partial payment for the price you are selling will be paid. This is linked to the sum you have exchanged in the previous 30 days.
- It is quite reliable.
- It is not for starters.
We have provided you some of the best cryptocurrency business reviews that offer the lowest Bitcoin prices for you. If you plan to buy Bitcoins from any of the above companies, you have to visit their website and register to start investing. Then, what are you waiting for? Go ahead and buy the cheapest Bitcoin now!