Coinbase is not only the biggest exchange in the world, it is also one of the safest. This platform allows you to buy cryptocurrency like Bitcoin, Ethereum, Litecoin and Bitcoin Cash. After creating your account, you will be asked to send a proof of identity, which is a legal requirement for any financial entity. Some users will have a weekly limit on the amount of cryptocurrencies they can buy, which may not be suited for investors who wish to invest a large amount. If you want to buy a small to medium amount of cryptocurrency, Coinbase is a great option.
Local Bitcoins in an online marketplace on which users can buy cryptocurrency and bitcoin among each others. It is a person-to-person trading site for Bitcoins that allows users from many countries to use their platform. The traffic on the plateform has always been growing since its foundation in 2012.
If you are in North America and wish to invest larger sums of money, Quadriga CX is what you are looking for. On this platform, you will be able to buy cryptocurrency like Bitcoin, Ethereum and Litecoin. You will also be required to send a proof of identity to be able to transfer fiat currencies on the exchange. It is ideal for larger deposits, because the limits are higher and the fees lower than most exchanges.
Coinmama is a platform where you can buy cryptocurrency with a debit/credit card. This exchange is very simple to use and it allows users to buy both Bitcoin and Ethereum. The platform is safe to buy digital currency and the service is available in many countries. The customer service is fast and responsive and they have high limits for buying bitcoins with a credit/debit card.
Cex.io is an exchange that also offers a simple, yet effective way to buy cryptocurrency. It is a simple exchange platform to use where users can deposit money with the use of a credit card or a transfer. It is a safe platform that follows many governmental laws and regulation. This enterprise also uses offline cold-storage to store its user’s money which is an extra step to ensure the safety of the exchange.