If you have not been living under a rock, you already know that Bitcoin has boomed and broken all records over the past few months. In any case, now is the right time to buy Bitcoin instantly –and we mean right now!
To give you an example of the power Bitcoin has gained, in just 30 days, its value soared to a record high of $4,500. This does not only mean that its value quadrupled in the past six months, but that it also surpassed the value of an ounce of gold.
Why You Should Buy Bitcoin Instantly
Back in the day when it was kind of an open secret, you could not buy Bitcoin instantly and it was not just two clicks away. Today, however, things have changed so dramatically it is estimated that, in 10 years, Bitcoin could hit $100,000.
Moreover, today you can also buy tons of stuff online with Bitcoin, so why not just give it a try?
Today, we will be taking a look at 10 ways to buy Bitcoin instantly and generate something better than money. Passive income.
Let’s get into it!
Please note that most of the time, in order to make an instant transaction, you need to use a credit/debit card or connect your PayPal account.
Coinbase is the most popular Bitcoin wallet that allows you to buy instantly up to $150 of Bitcoin per week in the U.S., Canada, Europe, Singapore, and Australia.
All you have to do is sign-up, activate your account, connect your card, verify your ID and start buying. However, Coinbase does not support Paypal if you live out of the U.S. and it charges a flat 3.99% fee on instant purchases.
And that’s low.
BitPanda is based in Austria, it is considered one of the most popular Bit-wallets out there. One of the reasons must be the low fees (3-4%).
However, there is a catch. Only European residents can use BitPanda, using a credit or a debit card issued in Europe. This is a reliable broker, even though it has received some criticism for not displaying their fees publicly.
CoinMama is a Bitcoin broker that specializes in debit or credit card purchases. However, the charging fee is a little bit higher here (6%) but it’s all because of the risks and the bank fees that come with credit card payments.
CoinMama’s limits are quite flexible and you can buy $5,000 worth of Bitcoin/day and $20,000/month. After your purchase, you may have to wait a couple of minutes and that’s it. You’ve got your Bitcoins!
CoinMama is supported in every country but ONLY in the following states:
California, Colorado, Florida, Illinois, Indiana, Kansas, Massachusetts, Michigan, Montana, New Mexico, North Carolina, Pennsylvania, South Carolina, Tennessee, and Texas.
We are sure you have come across this name before. CEXio is one of the oldest, most popular Bitcoin exchanges in the world. Moreover, it also lets you buy Bitcoins with your credit or debit card.
The service works in Europe, South America, and some states in the U.S. These are the ones not supported:
Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Louisiana, Maryland, Michigan, Mississippi, Nebraska, New Hampshire, New Jersey, North Carolina, North Dakota, Ohio, Oregon, Tennessee, Texas, U.S. Virgin Islands, Vermont, Virginia, and Washington.
The verification process, also, is very extensive and time-consuming –it even requires a face photo– but the trading fees of 0.2% are great!
BitQuick is an alternative way to buy Bitcoin instantly and does not include any use of debit or credit card. BitQuick supports cash deposits. Really fast cash deposits.
With buyers fees as low as 2%, you can just go to a bank and deposit the money. In 60 to 100 minutes your Bitcoins will be in your account. BitQuick operates in all U.S. states except for New York.
Also, don’t worry about any hidden fees. BitQuick is a trusted Bitcoin exchange with a great reputation.
6. Bitcoin ATMs
Now that Bitcoin has become so popular, you can buy Bitcoin instantly just by dropping by an ATM designed for Bitcoin exclusively. And the good news? Transactions are as fast as drinking a glass of water in the desert.
Just go to Coinatmradar.com and find an ATM near you and follow the steps on the screen. You’ll be all set in a couple of minutes!
The Winklevoss twins, famed Internet entrepreneurs, created a website to accelerate the time ACH transfers need. It also operates in 42 states and five countries (click here for full list), so you want to make sure you can use it before you create an account.
Sign-up, verify your bank account and ID and start buying. Most exchanges require you to wait 3-7 days for a transaction to complete. With Gemini, you will have to wait a couple of hours to lock in the price you originally bought.
Just be careful, though, Gemini’s interface can be a little confusing sometimes.
BitBay is the king when it comes to web design and user experience — some could say it is a little bit complex, though. The service supports all crypto-currencies and, recently, credit card deposits became available making transactions faster than ever.
Fees are really low, running from .43% to .25%. The coolest feature, however, is the amazing customer support. An instant messaging app makes everything much smoother.
This is a P2P Bitcoin exchange for which buyers and sellers reach an agreement while LocalBitcoins works as escrow.
As you can understand, it is among the most private ways for Bitcoin transactions (no verification is required) and supports a variety of payment methods. However, you want to watch out for scammers.
If you buy Bitcoin with LocalBitcoins, even cash transactions take just one hour to complete and the service takes only 1% as a fee. Just visit the LocalBitcoins website and find the best deals.
Extra Tip: Paxful is another popular exchange to buy Bitcoin instantly and follows the same pattern LocalBitcoins.
Bisq is not a broker but a P2P open-source desktop application where you can buy Bitcoin in exchange for regular, international currencies or alternative crypto-currencies like Etherum and Litecoin.
Accessing the app is instant and you don’t have to wait for a registration or verification process. Fees depend on the trade amount so you might want to visit Bisq’s website for more information.
Payments are always instant and appear on your account in a few seconds. However, just likes with the fee, process time depends on the amount.
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