How to buy Bitcoin in 2022 ? – A Step by Step Guide
By Kaela R. 6 min read
Where to buy Bitcoin
Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Bitcoin (BTC) in 2022.
Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Bitcoin.
1. Binance
Binance is well-known for its cryptocurrency-to-cryptocurrency trading services. Binance came onto the scene during the 2017 crypto craze and has since risen to become the world's leading cryptocurrency exchange.
By trading volume, Binance is the world's largest online cryptocurrency exchange. The exchange is also one of the most rapidly growing venues in the cryptocurrency market today. You can easily buy and sell Bitcoin (BTC) using our step by step guide.
The exchange offers investors one of the most diverse selections of cryptos accessible on the market today. The currencies and tokens on sale range from the markets largest by market cap to some smaller and less well-known coins and tokens.
Getting Started with Binance
Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.
For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.
Follow the steps below to open a Binance account:
Step 1: Visit the Binance Website
Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.
Step 3: Enable 2-Factor Authentication.
Step 4: Select and Link you payment Methods.
Step 5: Deposit and Start trading.
How to buy Bitcoin on Binance
Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.
1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.
2. You can purchase Bitcoin (BTC) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Bitcoin you can acquire.
3. Select the payment method and fill the required information than Continue.
4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Bitcoin you may get will be adjusted depending on the current market price.
5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired BTC in your Binance Spot Wallet immediately.
2. Binance
Binance is well-known for its cryptocurrency-to-cryptocurrency trading services. Binance came onto the scene during the 2017 crypto craze and has since risen to become the world's leading cryptocurrency exchange.
By trading volume, Binance is the world's largest online cryptocurrency exchange. The exchange is also one of the most rapidly growing venues in the cryptocurrency market today. You can easily buy and sell Bitcoin (BTC) using our step by step guide.
The exchange offers investors one of the most diverse selections of cryptos accessible on the market today. The currencies and tokens on sale range from the markets largest by market cap to some smaller and less well-known coins and tokens.
Getting Started with Binance
Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.
For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.
Follow the steps below to open a Binance account:
Step 1: Visit the Binance Website
Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.
Step 3: Enable 2-Factor Authentication.
Step 4: Select and Link you payment Methods.
Step 5: Deposit and Start trading.
Binance Pros
- Over 365 coins are available for trading on a global scale.
- A diverse range of trading options and order types are available.
- Low transaction costs.
- Payment options are supported in a variety of ways.
Binance Cons
- The platform is complicated and may be confusing for some people.
- U.S exchange is more limited than others.
- Binance has ran into regulatory issues in a number of nations.
How to buy Bitcoin on Binance
Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.
1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.
2. You can purchase Bitcoin (BTC) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Bitcoin you can acquire.
3. Select the payment method and fill the required information than Continue.
4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Bitcoin you may get will be adjusted depending on the current market price.
5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired BTC in your Binance Spot Wallet immediately.
3. Binance
Binance is well-known for its cryptocurrency-to-cryptocurrency trading services. Binance came onto the scene during the 2017 crypto craze and has since risen to become the world's leading cryptocurrency exchange.
By trading volume, Binance is the world's largest online cryptocurrency exchange. The exchange is also one of the most rapidly growing venues in the cryptocurrency market today. You can easily buy and sell Bitcoin (BTC) using our step by step guide.
The exchange offers investors one of the most diverse selections of cryptos accessible on the market today. The currencies and tokens on sale range from the markets largest by market cap to some smaller and less well-known coins and tokens.
Binance Pros
- Over 365 coins are available for trading on a global scale.
- A diverse range of trading options and order types are available.
- Low transaction costs.
- Payment options are supported in a variety of ways.
Binance Cons
- The platform is complicated and may be confusing for some people.
- U.S exchange is more limited than others.
- Binance has ran into regulatory issues in a number of nations.
How to buy Bitcoin on Binance
Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.
1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.
2. You can purchase Bitcoin (BTC) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Bitcoin you can acquire.
3. Select the payment method and fill the required information than Continue.
4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Bitcoin you may get will be adjusted depending on the current market price.
5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired BTC in your Binance Spot Wallet immediately.
4. Binance
Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.
Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.
Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.
Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.
Binance Pros
- Over 365 coins are available for trading on a global scale.
- A diverse range of trading options and order types are available.
- Low transaction costs.
- Payment options are supported in a variety of ways.
Binance Cons
- The platform is complicated and may be confusing for some people.
- U.S exchange is more limited than others.
- Binance has ran into regulatory issues in a number of nations.
Getting Started with Binance
Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.
For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.
Follow the steps below to open a Binance account:
Step 1: Visit the Binance Website
Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.
Step 3: Enable 2-Factor Authentication.
Step 4: Select and Link you payment Methods.
Step 5: Deposit and Start trading.
5. Binance
Binance is well-known for its cryptocurrency-to-cryptocurrency trading services. Binance came onto the scene during the 2017 crypto craze and has since risen to become the world's leading cryptocurrency exchange.
By trading volume, Binance is the world's largest online cryptocurrency exchange. The exchange is also one of the most rapidly growing venues in the cryptocurrency market today. You can easily buy and sell Bitcoin (BTC) using our step by step guide.
The exchange offers investors one of the most diverse selections of cryptos accessible on the market today. The currencies and tokens on sale range from the markets largest by market cap to some smaller and less well-known coins and tokens.
Getting Started with Binance
Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.
For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.
Follow the steps below to open a Binance account:
Step 1: Visit the Binance Website
Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.
Step 3: Enable 2-Factor Authentication.
Step 4: Select and Link you payment Methods.
Step 5: Deposit and Start trading.
How to buy Bitcoin on Binance
Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.
1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.
2. You can purchase Bitcoin (BTC) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Bitcoin you can acquire.
3. Select the payment method and fill the required information than Continue.
4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Bitcoin you may get will be adjusted depending on the current market price.
5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired BTC in your Binance Spot Wallet immediately.
6. Binance
Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.
Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.
Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.
Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.
Getting Started with Binance
Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.
For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.
Follow the steps below to open a Binance account:
Step 1: Visit the Binance Website
Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.
Step 3: Enable 2-Factor Authentication.
Step 4: Select and Link you payment Methods.
Step 5: Deposit and Start trading.
How to buy Bitcoin on Binance
Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.
1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.
2. You can purchase Bitcoin (BTC) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Bitcoin you can acquire.
3. Select the payment method and fill the required information than Continue.
4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Bitcoin you may get will be adjusted depending on the current market price.
5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired BTC in your Binance Spot Wallet immediately.
Other Exchanges to buy Bitcoin
Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy BTC.
| 1. Binance | Join Now |
| 2. Binance | Join Now |
| 3. Binance | Join Now |
| 4. Binance | Join Now |
| 5. Binance | Join Now |
| 6. Binance | Join Now |
| 7. Binance | Join Now |
| 8. Binance | Join Now |
| 9. Binance | Join Now |
| 10. Binance | Join Now |
| 11. Binance | Join Now |
| 12. Binance | Join Now |
Conclusion
Choosing the best cryptocurrency platform for Bitcoin (BTC) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.