How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

Blockgeeks

How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

An in-depth guide by BlockGeeks

There are a lot of options to buy Bitcoins, available in almost every country of the world from, Bounty cards, ATM, local Traders, broker, exchanges: Our ultimate guide explains, how to buy Bitcoin anywhere in the world.

Maybe you heard about this crazy cryptocurrency Bitcoin. The future of money, the revolution of payment, the digital gold, slayer of capital controls, holy grail of Fintech.Now you maybe want to know more. The best way to learn is just to attempt it. Buy a Bitcoin, pay with it, store it in your digital wallet, see the price rise or go down. But where can you buy it? And how?

For many people, the very first acquisition of a Bitcoin is a horrifying process. It seems so complicated. But actually, it is not. There are a lot of options to lightly, quick and conveniently buy your very first Bitcoin.

Which one is the best depends on your country and your preferences?

If you are in a hurry, you can just click on the link in the table to find out your options on how to buy Bitcoin.

Where To And How To Buy Bitcoins Globally

To find the ideal method to buy your very first Bitcoin however you should very first take into account several factors:

  • How much private information do you want to disclose?
  • How do you want to pay?
  • Where do you live

Depending on these factors you should lightly be able to determine which platform fits your needs.

This guide starts with explaining what options you have to disclose private information (or not disclose it) and what payment channels you can use. After this, the guide presents the commons methods to buy Bitcoin and gives an overview of several platforms in several countries.

How To Buy Bitcoin Anywhere in The World

Private Information

Bitcoin is a financial device and thus subject to financial regulation in most jurisdictions. Almost everywhere Anti-Money-Laundering-Rules (AML) are applied to platforms that sell Bitcoins or enable users to buy and sell Bitcoins. Most of these platforms have to adopt Know Your Customer rules (KYC) to verify the identity of its users.

Since Bitcoin transactions are saved publicly visible on the blockchain and can be traced back, the degree of private information you disclose with buying Bitcoins can have serious implications on your privacy.

There are several grades of KYC with an enhancing amount of private information you have to disclose. The following list starts with the lowest grade:

  • No KYC: No KYC means that the platform or the seller of Bitcoins does not know who you are. You don‘t have to demonstrate an identity document, and you pay with a private means of payment like cash, Moneygram, Paysafecard or Western-Union. Buying Bitcoin without KYC is possible in some jurisdictions – for example with P2P-marketplaces like LocalBitcoins, ATMs or Bounty Cards – but is usually more expensive than other options.
  • KYC Light: This degree of KYC identifies you by your payment channel and/or your phone numbers. If you pay with your bank account, PayPal, credit card or other common means of payment, the payment providers know your identity. On most platforms, be it direct exchanges, exchange platforms or marketplaces, you can buy a limited amount of Bitcoins with KYC Light.
  • Total KYC: On top of verifying your identity with your phone number and your bank account, Total KYC means that you provide documents that prove your identity. This can be a passport, an ID card, a driver‘s license, a utility bill or a combination of all of this. Some platforms request that you provide an approval of your identity documents by a notary or a trusted third party like your bank; some are pleased if you submit a photo displaying you holding your ID card or take part in the process of movie identification. If you want to invest larger amounts of money or trade on exchanges, there‘s usually no way around Total KYC.

Payment

Bitcoin is money, but to buy Bitcoins, you need to send money to someone else. The more advanced the financial system of your country is, The better the financial system you live in, the lighter it is to exchange your money in Bitcoins.

The movement of old fiat-money is the largest obstacle in the flow of Bitcoin trading. If you use a slow and expensive payment channel, your acquisition of your Bitcoin is slow and expensive. If you use a rapid channel, you can buy Bitcoins fluidly.

Here is an incomplete not-complete list of commons means of payment to buy Bitcoin:

  • Bank transfer: Everybody might know the good old Bank transfer. Mostly with online banking you send money to a seller of Bitcoins and get the Bitcoins when the payments are done. In most countries, this needs 1-3 days. Direct debiting is usually not accepted common. Most exchange platforms only accept bank transfers.
  • Credit Card: Credit cards are one of the most common means of payment. But only a few direct commercial vendors accept credit cards. The reason is that Bitcoin transactions can not be undone, while credit card transactions can be reversed. This has resulted in losses for vendors which accepted credit cards. Also, vendors risk that people buy Bitcoin with stolen credit cards.Use Bitcoins to profit from stolen credit card numbers and apply algorithms to reduce the risk.
  • PayPal: A few platforms accept PayPal, but most reject it for the same problems as credit cards: PayPal transactions can be lightly undone, and when this is done after the buyer has transferred the acquired Bitcoin to another wallet, the vendor might lose. This is why eBay is a bad place to trade Bitcoins. But, like with credit cards, some platforms accept PayPal.
  • Other Payment Channels (Sofort, iDeal, Skrill…): The world of payment is rich with payment providers. In the EU alone you have dozens of them. Many direct exchanges support a rich collection of them. If you use a common provider, in Germany Sofort, in the Netherlands iDeal and so on, you have a good chance that your domestic direct exchange accepts it.
  • Private Payment Channels (Cash, Western Union, Paysafecard, etc.): Most commercial platforms don‘t accept these means of payment. You find very few exchange platform and most very likely no direct exchange where these payments are accepted. But often you‘ll find a seller on p2p marketplaces you can pay with cash or other private means of payments. A good chance might also be an ATM where you can buy Bitcoins with cash.

Different Ways To Buy Bitcoin

Now we‘re coming closer to the acquisition of your Bitcoin. In this part of our guide, we present you several common models that enable you to switch fiat-money to digital cash – in Bitcoin. Each model has its own advantages and disadvantages.

  • ATM: Maybe the easiest and most private method to acquire Bitcoins is a Bitcoin ATM. You know it, these machines where you can get money with your card. Some companies like Lamassu produce ATM-machines for Bitcoins, where you can buy Bitcoin with cash. If the operators of these machines wish, they can apply some KYC-rules, from mobile phone verification to biometric methods. On Coin-ATM-Radar.com you find a global map with these machines. Another kind of ATM is to just use an existing net of ATMs, like that from banks or train stations, to sell Bitcoins. This has been done for example in the Swiss, in the Ukraine or in Spain. ATMs mostly have a relatively high fee of 3-6 percent or even more.
  • Bounty Cards/Voucher: This is another effortless method to buy Bitcoins. You go to a kiosk or some other shop, buy a bounty card or a voucher, visit a website, where you can use the code on the card to get your Bitcoin. This method is in use for example in Austria, Mexico, and South Korea. Like ATMs, bounty cards mostly charge relatively high fees.
  • Direct commercial exchanges/brokers: These vendors are like the exchange offices you might know from an airport, but digital. They buy Bitcoins on an exchange and sell it to customers. You visit a website, choose your means of payment, pay and get Bitcoins for prices set by the platform. For most of these platforms, you need your own wallet, while some, for example, Coinbase and Circle, give you the option to save and spend the Bitcoins with a wallet they provide. Since you can use a superb multiplicity of payment channels, even credit cards, and PayPal, such platforms might be the fastest and easiest way for fresh users to buy their very first Bitcoin. The fees of direct commercial exchanges vary inbetween one and five percent. Some of them earn money by using the spread inbetween buy and sell. Most request extra fees for some means of payment like credit cards.
  • P2P-Markets: On P2P-marketplaces buyers and sellers of Bitcoin meet and trade with each other. The fees on these markets are relatively low with zero to one percent; the spread depends on the liquidity of the market and the payment channel. Other than with direct you can not only take, but make an suggest: You set a price and wait until someone sells you a Bitcoin. This enables you to buy relatively large amounts of Bitcoin at relatively low prices. The most famous P2P-market is LocalBitcoins. This worldwide platform serves a lot of currencies and lets buyers and sellers determine which means of payment they use. It is often used to facilitate anonymous exchanges, sometimes for extraordinarily high prices. Bitcoin.de, the largest P2P-market in the Eurozone offers a good liquidity and is a nice option to lightly switch Euro to Bitcoin. The third famous P2P market is bitsquare, a downright decentralized market, which is nothing more than a software that connects people.
  • Exchange platforms: If you want to buy regularly large amounts of Bitcoin to good prices or trade with Bitcoins you‘ll most likely choose an exchange platform. Exchanges act as an escrow for its clients and save both Bitcoin and Fiat-money on behalf of their customers. Here you can suggest your own orders to buy or sell Bitcoin, and the Their trading engine of the exchanges cumulates these orders and s offers from buyers and sellers and processes trades. Often exchanges have more options to trade like margin trading. Usually, fees and the spread are low. But the process to embark an account on exchanges can be complicated, requires privacy disclosing information and needs you to trust the exchange with your money.

Warnings about exchanges, wallets and banks

Despite the proof of identity requirements, recall exchanges and wallets don’t provide the same protections banks do.

For example, there is often no or limited insurance for your account if the exchange goes out of business or is robbed by hackers, such as was the case with the infamous failed exchange Mt Gox.

Bitcoin does not have legal status as a currency in most of the world, and authorities usually do not know how best to treatment thefts. Some larger exchanges have substituted customer funds after a theft from the exchange itself, but at this stage, they are not legally obliged to do so.

How to buy Bitcoin in your country?

Worldwide: Almost everywhere in the world, you have a chance to use local bitcoins, BitSquare or a Bitcoin ATM. While these are options you could use, it is worth to look for further options available in your country.

North America

The USA and Canada are two of the thickest markets for Bitcoin buyers. Buyers can choose from a broad multiplicity of options to buy Bitcoins. In both countries, you find beside LocalBitcoins and ATMs the direct vendors Coinbase, Circle, and India coin, the P2P-market Paxful and the exchange Kraken.

Buy Bitcoin InUSA

  • Direct Exchanges: With Coinbase and Kraken two major platforms suggest an effortless way to buy Bitcoins with low fees and save them in an online-wallet. Both platforms accept both bank transfers and credit cards. Indacoin is another platform for the direct exchange, but without an integrated wallet. A next option, Expresscoin, enables the acquisition of Bitcoins with cash via Billpay.
  • P2P-Markets: Beside LocalBitcoins and Bitsquare Bitquick and Paxful are P2P-markets available for customers in the US. On Bitquick you pay by depositing leaving cash on the bank of the seller, on Paxful the seller can choose whatever payment-channel he wants, including PayPal, Western Union, credit and debit cards, bounty cards and much more. While prices on Paxful are usually fairly high, Bitquick charges a fee of two percent.
  • Exchanges: If you want to buy Bitcoins with Dollar on an exchange, you have a duo of platforms to choose. The thickest exchanges are Bitstamp; Coinbase‘s GDAX and Bitfinex, followed by BTC-E, Kraken, and Gemini. While most exchanges stringently accept bank transfers, BTC-E offers additionally the funding of an account with Credit Cards and payment providers like PerfectMoney, Paysafecards and more.

Buy Bitcoin In Canada

  • Direct: Both Kraken and Coinbase are open for Canadian Customers who can buy Bitcoins with bank transfer or credit card and store them on the platform‘s online wallet. Also, Indacoin is available for Canadian customers. More specific for Canadians, however, are QuickBT and canadianbitcoins.com, platforms where you can directly buy Bitcoins for up top one hundred fifty Canadian Dollar with several means of payment like INTERAC® Online and Flexepin Vouchers. Canadianbitcoin.com also offers the option to pay with cash in person or deposit.
  • P2P: Customers of Canada can use international P2P markets like Paxful and LocalBitcoin to buy Bitcoins on P2P-markets.
  • Exchange: Several exchanges enable the trade with Canadian Dollars. Kraken, QuadrigaCX, and CoinSquare are the most prominent examples.

Middle and South America

Other than North America, Middle, and South America just discovered Bitcoins some years ago, mostly in 2014/2015. Most exchanges are relatively fresh, and due to the lower volume and smaller liquidity, buyers have to pay more in fees and for the spread.

Several exchanges are available in some countries of South and Middle America: Satoshi Tango is a direct vendor for Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, and Peru; Bitex.la offers services in Argentina, Chile, Colombia, and Uruguay.

The P2P-market local bitcoins is available in most countries of Latin America.

Buy Bitcoin In Mexico

  • Bounty Cards: With the app of Chip-Chap.com you can buy Bitcoin bounty cards at more than Five.000 shops.
  • Direct: Volabit.com permits people to buy Bitcoin with MXN by bank transfers or depositing cash at OXXO, 7-Eleven, Banamex branches and ATM.
  • Exchange: Bitso.com is an exchange for Mexico. Fees are rapidly decreasing with trade volume to as low as 0,1 percent; the spread is relatively petite.

Buy Bitcoin In Brazil

  • Direct: People of Brazil can buy Bitcoins directly at Mercadobitcoin.com.br, a broker calling himself the largest Bitcoin exchange in Latin America.
  • Exchange: One major exchange for Bitcoin in Brazil is FlowBTC. Here people can buy or sell Bitcoins. Deposits can be made with Ban transfers. A 2nd major exchange is Foxbit.com.br

Buy Bitcoin In Argentina

  • Direct: Ripio is a Wallet-App that permits the users to buy Bitcoins. Its special feature is that it enables the acquisition of Bitcoins on credit and serves as a payment gateway to pay with Bitcoin.

Buy Bitcoin In Venezuela

  • Exchange: With SurBitcoin Venezuela has its own Bitcoin exchange.

Buy Bitcoin In Chile

  • Exchange: Chile has its own Bitcoin exchange SurBTC, which hit the international news when it received funding from the Chilean government. P eople can buy or sell Bitcoins here and deposits in Chilean peso can be made with local bank transfers.

Europe

  • ATM: The website coinatmradar.com lists hundreds of Bitcoin ATM in Europe.
  • Direct: Due to the unclear state of regulation in the Eurozone there are a dozen of direct exchanges to buy Bitcoin which suggest a large diversity of payment channels. Most of this broker charge their customers with fees depending on the payment channel of 0,5-5 percent and earn by the spread.Examples in alphabetical order:

Any coin-direct (SEPA, Sofort, Giropay, Ideal, MyBank, TrustPay), BitIT (Neosurf Prepaid Voucher, not available in every country), BitPanda (SEPA, Sofort, Skrill, Credit Card, Neteller, PayPal), BTCDirekt (SEPA, Sofort, Credit Card, Giropay, Neteller), Coinify (SEPA, Credit Card, PayPal), CoinMate (Sofort, SEPA, Money Polo), HappyCoins (Sofort, Ideal, Mister Cash, SEPA, Giropay, MyBank), Indacoin (Credit Card), Spectrocoin (Sofort, Giropay, IDeal, Ideal Money, SEPA).

While the platforms above just sell Bitcoin and suggest no or no advanced online wallet, Coinbase and Circle online wallet with the option to buy Bitcoin with bank transfer or credit card are available in most European countries.

  • P2P-Markets: LocalBitcoin is available for every country of the Eurozone except Germany. Bitcoin.de is a P2P-Marketplace for the entire Euro-Zone where people can buy and sell Bitcoins with SEPA transfers. With 0,Five percent and a low spread, Bitcoin.de is likely the cheapest method to buy Bitcoins except for the exchanges.
  • Exchange: Several exchanges serve the Eurozone. Kraken is the leading exchange, followed by Bitstamp and BTC-E. All exchanges request utter KYC.

Eurozone (specific)

Buy Bitcoin In Austria

Citizens of Austria can buy Bitcoins with bounty cards from bitcoinbon.at that are sold in many traffic shops. This is convenient, but the relatively expensive method to buy Bitcoins.

    Buy Bitcoin In Germany

    For Germans, the Fidor-Bank is a good commence to buy Bitcoins. This online-bank fucking partners with Bitcoin.de and Kraken, making the trading on these platforms significantly swifter and more convenient. On Bitcoin.de customers of Fidor can instantly achieve utter KYC status and use the so-called ExpressTrade. This enables them to buy an unlimited amount of Bitcoins for relatively low prices only minutes after the very first contact with the platform.

    Buy Bitcoin In Spain

    In Spain, you can lightly buy Bitcoins at thousands of ATMs with Bit2Me.com and chip-chap.com.

Europe (not Euro)

In almost every European country localbitcoins is available. Due to the good currency exchange inbetween local currencies and Euro many people in European countries use the big European platforms (Kraken, bitcoin.de) to buy Bitcoins. Since high fees and a big spread on puny exchanges can add a meaty premium on the price, it is often cheaper to switch the local currency into Euro and use the Euro-platforms which mostly accept clients from entire Europe.

An effortless method is to pay with credit card if available. Your credit card provider earns on the currency exchange spread and fee, but you can buy Bitcoins quick and cozily.

Buy Bitcoin In UK

  • Direct: Coinbase is also available for UK citizen to buy Bitcoins with bank transfers and credit cards. Many people from the UK use bittylicious.com, which offers beside bank transfers and credit cards UK-specific payment options like Paym or Barclays Pingit. The fees, however, can be, depending on the payment option, quiet large. Another broker who offers a direct exchange
  • Exchange: The most popular Exchange in the UK is Coinfloor, followed by Kraken and Coinbase‘s GDAX.

Buy Bitcoin In Swiss

  • ATM: Recently the national railway company SBB announced that citizens of the Swiss could buy Bitcoins at every ticket machine in every rail station. Payment can be made with Cash or electronic cash; credit cards are not accepted. On top of this person in the Swiss can find Bitcoin ATM operated by bitconsuisse.ch on several places.
  • Direct: The broker bitcoinsuisse.ch offers the option to buy Bitcoins with cash and bank transfer. 247exchange.com implemented the option to buy Bitcoins with Franken. Most other direct exchanges like Coinbase, Circle and so on accept Swiss customers but request them to pay with Euro.

Buy Bitcoin In Poland

  • Exchanges: With BitMarket.pl, BitBay.net, and bitmaszyna.pl Poland has three Bitcoin exchanges where you can buy Bitcoins with relatively good conditions with Zloty.

Buy Bitcoin In Norway

  • Direct: Cubits.com enables the direct acquisition of Bitcoins with NOK.
  • Exchange: Norway has one exchange, bitcoinsnorway.com. But the volume is fairly low so that buyers pay a premium.

Buy Bitcoin In Sweden

  • Direct: Sweden has two Bitcoin broker where you can buy Bitcoin with SEK: bt.cx and fybse.se.

Buy Bitcoin In Denmark

  • Direct: The only Danish exchange is coinify.com.

Buy Bitcoin In Ukraine

  • ATM: With the help of btcu.biz it is possible to buy Bitcoins at many bank ATM in the entire country.
  • Direct: Buy.kuna.io offers a direct exchange of Bitcoin for Hryvna. Another direct exchange is btcu.biz.
  • Exchange: With kuna.io the Ukraine has its own Bitcoin exchange for Hryvna.

Buy Bitcoin In Russia

Due to the unclear legal situation of Bitcoin in Russia, only a few exchanges and brokers exist. Many people seem to trade with localbitcoins.

  • Direct: matbea.com is a direct vendor of Bitcoin for Ruble. It requests the registration of Users with a phone number.
  • Exchange: BTC-E is the major exchange to trade Rubel and Bitcoin. It works with a diversity of payment providers to permit the deposit of funds.

Asia is the fastest growing market for Bitcoins. In China, Japan, and South-Korea there is a vivid trade with Bitcoins on exchanges, while Arabian countries like the Emirates are more or less Bitcoin-free. In this countries, best switches are to find an ATM or sellers on LocalBitcons.

Buy Bitcoin In China

  • Exchanges: China has the most liquid Bitcoin exchange landscape in the world. With Huobi, OKCoin and BTC China, you find the exchanges with by far the fattest volume. These exchanges charge zero fees, and as a result, the spread is utterly low. Beside them are many further exchanges.

Buy Bitcoin In Japan

  • Direct: The most popular direct exchange broker for Yen is bitflyer.jp. The broker offers a broad specter of verification degrees – from E-Mail total KYC – and charges very low fees.
  • Exchange: With Quoine, Coincheck, and Kraken three exchanges serve the Japanese market. While they can‘t contest with Chinese exchanges regarding liquidity, they provide a good service to cheaply buy Bitcoins.

Buy Bitcoin In Thailand

  • Direct: A Bitcoin-Broker for Thailand is bitcoin.co.th. Another broker, coins.co.th, adds a convenient online wallet.
  • Exchange: With bx.in.th Thailand has its own Bitcoin exchange.

Buy Bitcoin In Korea

  • Direct and ATM: coinplug.com offers a multiplicity of services to buy and sell Bitcoins. They provide two unique ATM in Seoul, enable the purchase of Bitcoin in thousands of ATMs in the country by partnering with an ATM producer and provide the option to buy Bitcoins with several bounty cards.
  • Exchange: With korbit.co.kr South Korea has a well-developed exchange that offers not only the trading with Bitcoin but also wallets for all devices and a remittance service. Also, coinplug.com has an exchange.

Buy Bitcoin In India

  • Direct: An address to buy, sell, save and send Bitcoin is unocoin.com, Indias fattest Bitcoin-vendor. More or less the same offers zebpay.com, another big platform for Bitcoins in India. Like every exchange in India, those two platforms require in identity verification.
  • Exchange: Coinsecure.in is both an online-wallet as an exchange.

Buy Bitcoin In Philippines

The Philippines have an amazing diversity of platforms where you can buy Bitcoins.

  • Bounty cards: On prepaidbitcoin.ph you can redeem voucher cards you can buy in several locations in the Philippines.
  • Direct: buybitcoin.ph is one vendor for Bitcoins, coins.Ph another. Coins.ph accept a broad specter of payment channels like cash deposits at banks, online transfers and vouchers available nationwide in stores.
  • Exchanges: With coinage.ph and BTCexchange.ph the Philippines have two Bitcoin exchanges.

Buy Bitcoin In Turkey

While Bitcoin is not regulated in Turkey, after the failed coup and the enhancing confinements by the government there seems to be a growing pressure on Bitcoin companies.

  • Gift-card: With bitupcard.com you can buy the voucher that is redeemable for Bitcoins online.
  • Direct: koinim.com is a platform where you can directly buy Bitcoin and Litecoin with Lira.
  • Exchange: BTCTurk.com is Turkey‘s very first Bitcoin exchange. Here you can buy and sell Bitcoins. Recently BTCTurk had trouble with its bank account, and there have been rumors it has to shut down. But by now it still seems to be operating.

Middle East

Buy Bitcoin In Israel

  • Direct: Bits of Gold is the oldest Bitcoin platform in Israel. Here you can directly buy and sell Bitcoins.
  • Exchange: Bit2C is Israel‘s major Bitcoin exchange.
  • Other: Citizen of the United Arab Emirates can use bitoasis.net to buy Bitcoins directly; in Kuwait you can buy Bitcoins on bitfils.com; in Vietnam you find the Broker bitcoinvietnam.com.vn and the exchange vbtc.vn; in Malaysia coinbox.biz and coins.my provide an online wallet and an effortless method to buy and sell Bitcoins, while oinhako.com is a wallet with the option to buy and sell for Malaysia and Singapur and bitx.co offers an exchange for Malaysia and Indonesia. In Indonesia, you can also buy Bitcoins at bitcoin.co.id. Citizen of Taiwan can use maicoin.com to buy, sell and use Bitcoins.

Oceania

Buy Bitcoin In Australia

  • Direct: Australia has several direct Bitcoin vendors: btradeaustralia.com supports Poli-Payments, buyabitcoin.com.au accepts cash deposits in banks, cointree.com.au supports both payment-options, coinloft.com.au too plus Flexepin vouchers, and bitcoin.com.au enables the acquisition of Bitcoin by depositing cash at kiosks. coinjar.com.au promotes itself not only as a vendor but also as a wallet to use Bitcoins.
  • Exchange: With independentreserve.com and coinspot.com.au Australia has two exchanges.

Buy Bitcoin In Fresh Zealand

  • Direct: At coined.co.nz you can buy Bitcoins with online bank transfers, at buybitcoin.co.nz with bank deposits. More payment options suggest coinhub.nz where you can not only pay with bank transfers but also with cash deposits at ATMs and tellers as with PayPal. mybitcoinsaver.com offers a wallet and the option to invest regularly in Bitcoins with automatic bank transfers.
  • Exchange: Fresh Zealand has two Bitcoin exchanges. On bitnz.com the spread is relatively large, while you‘ll find better prices at nzbcx.com,

Africa

Compared with the rest of the world Africas lacks Bitcoin adoption and has only a few exchanges. If no exchanges exist, it‘s a good idea in many countries to search LocalBitcoins to find a local vendor.

Buy Bitcoin In South Africa

  • South Africa has two Bitcoin exchanges: Bit-X and ice3x.com (Ice Cube).

Buy Bitcoin In Nigeria

  • In Nigeria, you can also trade Bitcoins on Bit-X. Also, you can use nairaex.com to buy Bitcoins with bank transfers and bitpesa.co to purchase coins with debit cards or paga.

Buy Bitcoin In Tanzania

  • In Tanzania, you can use bitpesa.co to buy Bitcoins with bank transfers.

Buy Bitcoin In Uganda

  • Bitpesa.co offers citizen of Uganda to buy Bitcoins with MTN or Airtel Money.

Buy Bitcoin In Zimbabwe

  • Bitcoinfundi.com seems to serve Zimbabwe, but prices are shown in Dollar.

Conclusion

Buying bitcoins is not always as effortless as newcomers expect. The good news is the number of options is enlargening, and it is getting lighter all the time.

How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

Blockgeeks

How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

An in-depth guide by BlockGeeks

There are a lot of options to buy Bitcoins, available in almost every country of the world from, Bounty cards, ATM, local Traders, broker, exchanges: Our ultimate guide explains, how to buy Bitcoin anywhere in the world.

Maybe you heard about this crazy cryptocurrency Bitcoin. The future of money, the revolution of payment, the digital gold, slayer of capital controls, holy grail of Fintech.Now you maybe want to know more. The best way to learn is just to attempt it. Buy a Bitcoin, pay with it, store it in your digital wallet, see the price rise or go down. But where can you buy it? And how?

For many people, the very first acquisition of a Bitcoin is a appalling process. It seems so complicated. But actually, it is not. There are a lot of options to lightly, quick and cosily buy your very first Bitcoin.

Which one is the best depends on your country and your preferences?

If you are in a hurry, you can just click on the link in the table to find out your options on how to buy Bitcoin.

Where To And How To Buy Bitcoins Globally

To find the ideal method to buy your very first Bitcoin however you should very first take into account several factors:

  • How much private information do you want to disclose?
  • How do you want to pay?
  • Where do you live

Depending on these factors you should lightly be able to determine which platform fits your needs.

This guide starts with explaining what options you have to disclose private information (or not disclose it) and what payment channels you can use. After this, the guide presents the commons methods to buy Bitcoin and gives an overview of several platforms in several countries.

How To Buy Bitcoin Anywhere in The World

Private Information

Bitcoin is a financial instrument and thus subject to financial regulation in most jurisdictions. Almost everywhere Anti-Money-Laundering-Rules (AML) are applied to platforms that sell Bitcoins or enable users to buy and sell Bitcoins. Most of these platforms have to adopt Know Your Customer rules (KYC) to verify the identity of its users.

Since Bitcoin transactions are saved publicly visible on the blockchain and can be traced back, the degree of private information you disclose with buying Bitcoins can have serious implications on your privacy.

There are several grades of KYC with an enlargening amount of private information you have to disclose. The following list starts with the lowest grade:

  • No KYC: No KYC means that the platform or the seller of Bitcoins does not know who you are. You don‘t have to demonstrate an identity document, and you pay with a private means of payment like cash, Moneygram, Paysafecard or Western-Union. Buying Bitcoin without KYC is possible in some jurisdictions – for example with P2P-marketplaces like LocalBitcoins, ATMs or Bounty Cards – but is usually more expensive than other options.
  • KYC Light: This degree of KYC identifies you by your payment channel and/or your phone numbers. If you pay with your bank account, PayPal, credit card or other common means of payment, the payment providers know your identity. On most platforms, be it direct exchanges, exchange platforms or marketplaces, you can buy a limited amount of Bitcoins with KYC Light.
  • Total KYC: On top of verifying your identity with your phone number and your bank account, Utter KYC means that you provide documents that prove your identity. This can be a passport, an ID card, a driver‘s license, a utility bill or a combination of all of this. Some platforms request that you provide an approval of your identity documents by a notary or a trusted third party like your bank; some are pleased if you submit a photo displaying you holding your ID card or take part in the process of movie identification. If you want to invest larger amounts of money or trade on exchanges, there‘s usually no way around Utter KYC.

Payment

Bitcoin is money, but to buy Bitcoins, you need to send money to someone else. The more advanced the financial system of your country is, The better the financial system you live in, the lighter it is to exchange your money in Bitcoins.

The movement of old fiat-money is the thickest obstacle in the flow of Bitcoin trading. If you use a slow and expensive payment channel, your acquisition of your Bitcoin is slow and expensive. If you use a rapid channel, you can buy Bitcoins fluidly.

Here is an incomplete not-complete list of commons means of payment to buy Bitcoin:

  • Bank transfer: Everybody might know the good old Bank transfer. Mostly with online banking you send money to a seller of Bitcoins and get the Bitcoins when the payments are done. In most countries, this needs 1-3 days. Direct debiting is usually not accepted common. Most exchange platforms only accept bank transfers.
  • Credit Card: Credit cards are one of the most common means of payment. But only a few direct commercial vendors accept credit cards. The reason is that Bitcoin transactions can not be undone, while credit card transactions can be reversed. This has resulted in losses for vendors which accepted credit cards. Also, vendors risk that people buy Bitcoin with stolen credit cards.Use Bitcoins to profit from stolen credit card numbers and apply algorithms to reduce the risk.
  • PayPal: A few platforms accept PayPal, but most reject it for the same problems as credit cards: PayPal transactions can be lightly undone, and when this is done after the buyer has transferred the acquired Bitcoin to another wallet, the vendor might lose. This is why eBay is a bad place to trade Bitcoins. But, like with credit cards, some platforms accept PayPal.
  • Other Payment Channels (Sofort, iDeal, Skrill…): The world of payment is rich with payment providers. In the EU alone you have dozens of them. Many direct exchanges support a rich collection of them. If you use a common provider, in Germany Sofort, in the Netherlands iDeal and so on, you have a good chance that your domestic direct exchange accepts it.
  • Private Payment Channels (Cash, Western Union, Paysafecard, etc.): Most commercial platforms don‘t accept these means of payment. You find very few exchange platform and most most likely no direct exchange where these payments are accepted. But often you‘ll find a seller on p2p marketplaces you can pay with cash or other private means of payments. A good chance might also be an ATM where you can buy Bitcoins with cash.

Different Ways To Buy Bitcoin

Now we‘re coming closer to the acquisition of your Bitcoin. In this part of our guide, we present you several common models that enable you to switch fiat-money to digital cash – in Bitcoin. Each model has its own advantages and disadvantages.

  • ATM: Maybe the easiest and most private method to acquire Bitcoins is a Bitcoin ATM. You know it, these machines where you can get money with your card. Some companies like Lamassu produce ATM-machines for Bitcoins, where you can buy Bitcoin with cash. If the operators of these machines wish, they can apply some KYC-rules, from mobile phone verification to biometric methods. On Coin-ATM-Radar.com you find a global map with these machines. Another kind of ATM is to just use an existing net of ATMs, like that from banks or train stations, to sell Bitcoins. This has been done for example in the Swiss, in the Ukraine or in Spain. ATMs mostly have a relatively high fee of 3-6 percent or even more.
  • Bounty Cards/Voucher: This is another effortless method to buy Bitcoins. You go to a kiosk or some other shop, buy a bounty card or a voucher, visit a website, where you can use the code on the card to get your Bitcoin. This method is in use for example in Austria, Mexico, and South Korea. Like ATMs, bounty cards mostly charge relatively high fees.
  • Direct commercial exchanges/brokers: These vendors are like the exchange offices you might know from an airport, but digital. They buy Bitcoins on an exchange and sell it to customers. You visit a website, choose your means of payment, pay and get Bitcoins for prices set by the platform. For most of these platforms, you need your own wallet, while some, for example, Coinbase and Circle, give you the option to save and spend the Bitcoins with a wallet they provide. Since you can use a fine diversity of payment channels, even credit cards, and PayPal, such platforms might be the fastest and easiest way for fresh users to buy their very first Bitcoin. The fees of direct commercial exchanges vary inbetween one and five percent. Some of them earn money by using the spread inbetween buy and sell. Most request extra fees for some means of payment like credit cards.
  • P2P-Markets: On P2P-marketplaces buyers and sellers of Bitcoin meet and trade with each other. The fees on these markets are relatively low with zero to one percent; the spread depends on the liquidity of the market and the payment channel. Other than with direct you can not only take, but make an suggest: You set a price and wait until someone sells you a Bitcoin. This enables you to buy relatively large amounts of Bitcoin at relatively low prices. The most famous P2P-market is LocalBitcoins. This worldwide platform serves a lot of currencies and lets buyers and sellers determine which means of payment they use. It is often used to facilitate anonymous exchanges, sometimes for extraordinarily high prices. Bitcoin.de, the largest P2P-market in the Eurozone offers a good liquidity and is a nice option to lightly switch Euro to Bitcoin. The third famous P2P market is bitsquare, a entirely decentralized market, which is nothing more than a software that connects people.
  • Exchange platforms: If you want to buy regularly large amounts of Bitcoin to good prices or trade with Bitcoins you‘ll most likely choose an exchange platform. Exchanges act as an escrow for its clients and save both Bitcoin and Fiat-money on behalf of their customers. Here you can suggest your own orders to buy or sell Bitcoin, and the Their trading engine of the exchanges cumulates these orders and s offers from buyers and sellers and processes trades. Often exchanges have more options to trade like margin trading. Usually, fees and the spread are low. But the process to commence an account on exchanges can be complicated, requires privacy disclosing information and needs you to trust the exchange with your money.

Warnings about exchanges, wallets and banks

Despite the proof of identity requirements, recall exchanges and wallets don’t provide the same protections banks do.

For example, there is often no or limited insurance for your account if the exchange goes out of business or is robbed by hackers, such as was the case with the infamous failed exchange Mt Gox.

Bitcoin does not have legal status as a currency in most of the world, and authorities usually do not know how best to treatment thefts. Some larger exchanges have substituted customer funds after a theft from the exchange itself, but at this stage, they are not legally obliged to do so.

How to buy Bitcoin in your country?

Worldwide: Almost everywhere in the world, you have a chance to use local bitcoins, BitSquare or a Bitcoin ATM. While these are options you could use, it is worth to look for further options available in your country.

North America

The USA and Canada are two of the thickest markets for Bitcoin buyers. Buyers can choose from a broad multiplicity of options to buy Bitcoins. In both countries, you find beside LocalBitcoins and ATMs the direct vendors Coinbase, Circle, and India coin, the P2P-market Paxful and the exchange Kraken.

Buy Bitcoin InUSA

  • Direct Exchanges: With Coinbase and Kraken two major platforms suggest an effortless way to buy Bitcoins with low fees and save them in an online-wallet. Both platforms accept both bank transfers and credit cards. Indacoin is another platform for the direct exchange, but without an integrated wallet. A next option, Expresscoin, enables the acquisition of Bitcoins with cash via Billpay.
  • P2P-Markets: Beside LocalBitcoins and Bitsquare Bitquick and Paxful are P2P-markets available for customers in the US. On Bitquick you pay by depositing leaving cash on the bank of the seller, on Paxful the seller can choose whatever payment-channel he wants, including PayPal, Western Union, credit and debit cards, bounty cards and much more. While prices on Paxful are usually fairly high, Bitquick charges a fee of two percent.
  • Exchanges: If you want to buy Bitcoins with Dollar on an exchange, you have a duo of platforms to choose. The thickest exchanges are Bitstamp; Coinbase‘s GDAX and Bitfinex, followed by BTC-E, Kraken, and Gemini. While most exchanges stringently accept bank transfers, BTC-E offers additionally the funding of an account with Credit Cards and payment providers like PerfectMoney, Paysafecards and more.

Buy Bitcoin In Canada

  • Direct: Both Kraken and Coinbase are open for Canadian Customers who can buy Bitcoins with bank transfer or credit card and store them on the platform‘s online wallet. Also, Indacoin is available for Canadian customers. More specific for Canadians, however, are QuickBT and canadianbitcoins.com, platforms where you can directly buy Bitcoins for up top one hundred fifty Canadian Dollar with several means of payment like INTERAC® Online and Flexepin Vouchers. Canadianbitcoin.com also offers the option to pay with cash in person or deposit.
  • P2P: Customers of Canada can use international P2P markets like Paxful and LocalBitcoin to buy Bitcoins on P2P-markets.
  • Exchange: Several exchanges enable the trade with Canadian Dollars. Kraken, QuadrigaCX, and CoinSquare are the most prominent examples.

Middle and South America

Other than North America, Middle, and South America just discovered Bitcoins some years ago, mostly in 2014/2015. Most exchanges are relatively fresh, and due to the lower volume and smaller liquidity, buyers have to pay more in fees and for the spread.

Several exchanges are available in some countries of South and Middle America: Satoshi Tango is a direct vendor for Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, and Peru; Bitex.la offers services in Argentina, Chile, Colombia, and Uruguay.

The P2P-market local bitcoins is available in most countries of Latin America.

Buy Bitcoin In Mexico

  • Bounty Cards: With the app of Chip-Chap.com you can buy Bitcoin bounty cards at more than Five.000 shops.
  • Direct: Volabit.com permits people to buy Bitcoin with MXN by bank transfers or depositing cash at OXXO, 7-Eleven, Banamex branches and ATM.
  • Exchange: Bitso.com is an exchange for Mexico. Fees are rapidly decreasing with trade volume to as low as 0,1 percent; the spread is relatively petite.

Buy Bitcoin In Brazil

  • Direct: People of Brazil can buy Bitcoins directly at Mercadobitcoin.com.br, a broker calling himself the thickest Bitcoin exchange in Latin America.
  • Exchange: One major exchange for Bitcoin in Brazil is FlowBTC. Here people can buy or sell Bitcoins. Deposits can be made with Ban transfers. A 2nd major exchange is Foxbit.com.br

Buy Bitcoin In Argentina

  • Direct: Ripio is a Wallet-App that permits the users to buy Bitcoins. Its special feature is that it enables the acquisition of Bitcoins on credit and serves as a payment gateway to pay with Bitcoin.

Buy Bitcoin In Venezuela

  • Exchange: With SurBitcoin Venezuela has its own Bitcoin exchange.

Buy Bitcoin In Chile

  • Exchange: Chile has its own Bitcoin exchange SurBTC, which hit the international news when it received funding from the Chilean government. P eople can buy or sell Bitcoins here and deposits in Chilean peso can be made with local bank transfers.

Europe

  • ATM: The website coinatmradar.com lists hundreds of Bitcoin ATM in Europe.
  • Direct: Due to the unclear state of regulation in the Eurozone there are a dozen of direct exchanges to buy Bitcoin which suggest a large multiplicity of payment channels. Most of this broker charge their customers with fees depending on the payment channel of 0,5-5 percent and earn by the spread.Examples in alphabetical order:

Any coin-direct (SEPA, Sofort, Giropay, Ideal, MyBank, TrustPay), BitIT (Neosurf Prepaid Voucher, not available in every country), BitPanda (SEPA, Sofort, Skrill, Credit Card, Neteller, PayPal), BTCDirekt (SEPA, Sofort, Credit Card, Giropay, Neteller), Coinify (SEPA, Credit Card, PayPal), CoinMate (Sofort, SEPA, Money Polo), HappyCoins (Sofort, Ideal, Mister Cash, SEPA, Giropay, MyBank), Indacoin (Credit Card), Spectrocoin (Sofort, Giropay, IDeal, Flawless Money, SEPA).

While the platforms above just sell Bitcoin and suggest no or no advanced online wallet, Coinbase and Circle online wallet with the option to buy Bitcoin with bank transfer or credit card are available in most European countries.

  • P2P-Markets: LocalBitcoin is available for every country of the Eurozone except Germany. Bitcoin.de is a P2P-Marketplace for the entire Euro-Zone where people can buy and sell Bitcoins with SEPA transfers. With 0,Five percent and a low spread, Bitcoin.de is likely the cheapest method to buy Bitcoins except for the exchanges.
  • Exchange: Several exchanges serve the Eurozone. Kraken is the leading exchange, followed by Bitstamp and BTC-E. All exchanges request utter KYC.

Eurozone (specific)

Buy Bitcoin In Austria

Citizens of Austria can buy Bitcoins with bounty cards from bitcoinbon.at that are sold in many traffic shops. This is comfy, but the relatively expensive method to buy Bitcoins.

    Buy Bitcoin In Germany

    For Germans, the Fidor-Bank is a good begin to buy Bitcoins. This online-bank playmates with Bitcoin.de and Kraken, making the trading on these platforms significantly swifter and more comfy. On Bitcoin.de customers of Fidor can instantaneously achieve utter KYC status and use the so-called ExpressTrade. This enables them to buy an unlimited amount of Bitcoins for relatively low prices only minutes after the very first contact with the platform.

    Buy Bitcoin In Spain

    In Spain, you can lightly buy Bitcoins at thousands of ATMs with Bit2Me.com and chip-chap.com.

Europe (not Euro)

In almost every European country localbitcoins is available. Due to the good currency exchange inbetween local currencies and Euro many people in European countries use the big European platforms (Kraken, bitcoin.de) to buy Bitcoins. Since high fees and a big spread on petite exchanges can add a gigantic premium on the price, it is often cheaper to switch the local currency into Euro and use the Euro-platforms which mostly accept clients from entire Europe.

An effortless method is to pay with credit card if available. Your credit card provider earns on the currency exchange spread and fee, but you can buy Bitcoins rapid and conveniently.

Buy Bitcoin In UK

  • Direct: Coinbase is also available for UK citizen to buy Bitcoins with bank transfers and credit cards. Many people from the UK use bittylicious.com, which offers beside bank transfers and credit cards UK-specific payment options like Paym or Barclays Pingit. The fees, however, can be, depending on the payment option, quiet large. Another broker who offers a direct exchange
  • Exchange: The most popular Exchange in the UK is Coinfloor, followed by Kraken and Coinbase‘s GDAX.

Buy Bitcoin In Swiss

  • ATM: Recently the national railway company SBB announced that citizens of the Swiss could buy Bitcoins at every ticket machine in every rail station. Payment can be made with Cash or electronic cash; credit cards are not accepted. On top of this person in the Swiss can find Bitcoin ATM operated by bitconsuisse.ch on several places.
  • Direct: The broker bitcoinsuisse.ch offers the option to buy Bitcoins with cash and bank transfer. 247exchange.com implemented the option to buy Bitcoins with Franken. Most other direct exchanges like Coinbase, Circle and so on accept Swiss customers but request them to pay with Euro.

Buy Bitcoin In Poland

  • Exchanges: With BitMarket.pl, BitBay.net, and bitmaszyna.pl Poland has three Bitcoin exchanges where you can buy Bitcoins with relatively good conditions with Zloty.

Buy Bitcoin In Norway

  • Direct: Cubits.com enables the direct acquisition of Bitcoins with NOK.
  • Exchange: Norway has one exchange, bitcoinsnorway.com. But the volume is fairly low so that buyers pay a premium.

Buy Bitcoin In Sweden

  • Direct: Sweden has two Bitcoin broker where you can buy Bitcoin with SEK: bt.cx and fybse.se.

Buy Bitcoin In Denmark

  • Direct: The only Danish exchange is coinify.com.

Buy Bitcoin In Ukraine

  • ATM: With the help of btcu.biz it is possible to buy Bitcoins at many bank ATM in the entire country.
  • Direct: Buy.kuna.io offers a direct exchange of Bitcoin for Hryvna. Another direct exchange is btcu.biz.
  • Exchange: With kuna.io the Ukraine has its own Bitcoin exchange for Hryvna.

Buy Bitcoin In Russia

Due to the unclear legal situation of Bitcoin in Russia, only a few exchanges and brokers exist. Many people seem to trade with localbitcoins.

  • Direct: matbea.com is a direct vendor of Bitcoin for Ruble. It requests the registration of Users with a phone number.
  • Exchange: BTC-E is the major exchange to trade Rubel and Bitcoin. It works with a diversity of payment providers to permit the deposit of funds.

Asia is the fastest growing market for Bitcoins. In China, Japan, and South-Korea there is a vivid trade with Bitcoins on exchanges, while Arabian countries like the Emirates are more or less Bitcoin-free. In this countries, best switches are to find an ATM or sellers on LocalBitcons.

Buy Bitcoin In China

  • Exchanges: China has the most liquid Bitcoin exchange landscape in the world. With Huobi, OKCoin and BTC China, you find the exchanges with by far the thickest volume. These exchanges charge zero fees, and as a result, the spread is utterly low. Beside them are many further exchanges.

Buy Bitcoin In Japan

  • Direct: The most popular direct exchange broker for Yen is bitflyer.jp. The broker offers a broad specter of verification degrees – from E-Mail total KYC – and charges very low fees.
  • Exchange: With Quoine, Coincheck, and Kraken three exchanges serve the Japanese market. While they can‘t contest with Chinese exchanges regarding liquidity, they provide a good service to cheaply buy Bitcoins.

Buy Bitcoin In Thailand

  • Direct: A Bitcoin-Broker for Thailand is bitcoin.co.th. Another broker, coins.co.th, adds a convenient online wallet.
  • Exchange: With bx.in.th Thailand has its own Bitcoin exchange.

Buy Bitcoin In Korea

  • Direct and ATM: coinplug.com offers a multiplicity of services to buy and sell Bitcoins. They provide two unique ATM in Seoul, enable the purchase of Bitcoin in thousands of ATMs in the country by partnering with an ATM producer and provide the option to buy Bitcoins with several bounty cards.
  • Exchange: With korbit.co.kr South Korea has a well-developed exchange that offers not only the trading with Bitcoin but also wallets for all devices and a remittance service. Also, coinplug.com has an exchange.

Buy Bitcoin In India

  • Direct: An address to buy, sell, save and send Bitcoin is unocoin.com, Indias largest Bitcoin-vendor. More or less the same offers zebpay.com, another big platform for Bitcoins in India. Like every exchange in India, those two platforms require in identity verification.
  • Exchange: Coinsecure.in is both an online-wallet as an exchange.

Buy Bitcoin In Philippines

The Philippines have an amazing diversity of platforms where you can buy Bitcoins.

  • Bounty cards: On prepaidbitcoin.ph you can redeem voucher cards you can buy in several locations in the Philippines.
  • Direct: buybitcoin.ph is one vendor for Bitcoins, coins.Ph another. Coins.ph accept a broad specter of payment channels like cash deposits at banks, online transfers and vouchers available nationwide in stores.
  • Exchanges: With coinage.ph and BTCexchange.ph the Philippines have two Bitcoin exchanges.

Buy Bitcoin In Turkey

While Bitcoin is not regulated in Turkey, after the failed coup and the enlargening confinements by the government there seems to be a growing pressure on Bitcoin companies.

  • Gift-card: With bitupcard.com you can buy the voucher that is redeemable for Bitcoins online.
  • Direct: koinim.com is a platform where you can directly buy Bitcoin and Litecoin with Lira.
  • Exchange: BTCTurk.com is Turkey‘s very first Bitcoin exchange. Here you can buy and sell Bitcoins. Recently BTCTurk had trouble with its bank account, and there have been rumors it has to shut down. But by now it still seems to be operating.

Middle East

Buy Bitcoin In Israel

  • Direct: Bits of Gold is the oldest Bitcoin platform in Israel. Here you can directly buy and sell Bitcoins.
  • Exchange: Bit2C is Israel‘s major Bitcoin exchange.
  • Other: Citizen of the United Arab Emirates can use bitoasis.net to buy Bitcoins directly; in Kuwait you can buy Bitcoins on bitfils.com; in Vietnam you find the Broker bitcoinvietnam.com.vn and the exchange vbtc.vn; in Malaysia coinbox.biz and coins.my provide an online wallet and an effortless method to buy and sell Bitcoins, while oinhako.com is a wallet with the option to buy and sell for Malaysia and Singapur and bitx.co offers an exchange for Malaysia and Indonesia. In Indonesia, you can also buy Bitcoins at bitcoin.co.id. Citizen of Taiwan can use maicoin.com to buy, sell and use Bitcoins.

Oceania

Buy Bitcoin In Australia

  • Direct: Australia has several direct Bitcoin vendors: btradeaustralia.com supports Poli-Payments, buyabitcoin.com.au accepts cash deposits in banks, cointree.com.au supports both payment-options, coinloft.com.au too plus Flexepin vouchers, and bitcoin.com.au enables the acquisition of Bitcoin by depositing cash at kiosks. coinjar.com.au promotes itself not only as a vendor but also as a wallet to use Bitcoins.
  • Exchange: With independentreserve.com and coinspot.com.au Australia has two exchanges.

Buy Bitcoin In Fresh Zealand

  • Direct: At coined.co.nz you can buy Bitcoins with online bank transfers, at buybitcoin.co.nz with bank deposits. More payment options suggest coinhub.nz where you can not only pay with bank transfers but also with cash deposits at ATMs and tellers as with PayPal. mybitcoinsaver.com offers a wallet and the option to invest regularly in Bitcoins with automatic bank transfers.
  • Exchange: Fresh Zealand has two Bitcoin exchanges. On bitnz.com the spread is relatively large, while you‘ll find better prices at nzbcx.com,

Africa

Compared with the rest of the world Africas lacks Bitcoin adoption and has only a few exchanges. If no exchanges exist, it‘s a good idea in many countries to search LocalBitcoins to find a local vendor.

Buy Bitcoin In South Africa

  • South Africa has two Bitcoin exchanges: Bit-X and ice3x.com (Ice Cube).

Buy Bitcoin In Nigeria

  • In Nigeria, you can also trade Bitcoins on Bit-X. Also, you can use nairaex.com to buy Bitcoins with bank transfers and bitpesa.co to purchase coins with debit cards or paga.

Buy Bitcoin In Tanzania

  • In Tanzania, you can use bitpesa.co to buy Bitcoins with bank transfers.

Buy Bitcoin In Uganda

  • Bitpesa.co offers citizen of Uganda to buy Bitcoins with MTN or Airtel Money.

Buy Bitcoin In Zimbabwe

  • Bitcoinfundi.com seems to serve Zimbabwe, but prices are shown in Dollar.

Conclusion

Buying bitcoins is not always as effortless as newcomers expect. The good news is the number of options is enhancing, and it is getting lighter all the time.

How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

Blockgeeks

How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

An in-depth guide by BlockGeeks

There are a lot of options to buy Bitcoins, available in almost every country of the world from, Bounty cards, ATM, local Traders, broker, exchanges: Our ultimate guide explains, how to buy Bitcoin anywhere in the world.

Maybe you heard about this crazy cryptocurrency Bitcoin. The future of money, the revolution of payment, the digital gold, slayer of capital controls, holy grail of Fintech.Now you maybe want to know more. The best way to learn is just to attempt it. Buy a Bitcoin, pay with it, store it in your digital wallet, see the price rise or go down. But where can you buy it? And how?

For many people, the very first acquisition of a Bitcoin is a appalling process. It seems so complicated. But actually, it is not. There are a lot of options to lightly, swift and cosily buy your very first Bitcoin.

Which one is the best depends on your country and your preferences?

If you are in a hurry, you can just click on the link in the table to find out your options on how to buy Bitcoin.

Where To And How To Buy Bitcoins Globally

To find the flawless method to buy your very first Bitcoin however you should very first take into account several factors:

  • How much private information do you want to disclose?
  • How do you want to pay?
  • Where do you live

Depending on these factors you should lightly be able to determine which platform fits your needs.

This guide starts with explaining what options you have to disclose private information (or not disclose it) and what payment channels you can use. After this, the guide presents the commons methods to buy Bitcoin and gives an overview of several platforms in several countries.

How To Buy Bitcoin Anywhere in The World

Private Information

Bitcoin is a financial device and thus subject to financial regulation in most jurisdictions. Almost everywhere Anti-Money-Laundering-Rules (AML) are applied to platforms that sell Bitcoins or enable users to buy and sell Bitcoins. Most of these platforms have to adopt Know Your Customer rules (KYC) to verify the identity of its users.

Since Bitcoin transactions are saved publicly visible on the blockchain and can be traced back, the degree of private information you disclose with buying Bitcoins can have serious implications on your privacy.

There are several grades of KYC with an enhancing amount of private information you have to disclose. The following list starts with the lowest grade:

  • No KYC: No KYC means that the platform or the seller of Bitcoins does not know who you are. You don‘t have to display an identity document, and you pay with a private means of payment like cash, Moneygram, Paysafecard or Western-Union. Buying Bitcoin without KYC is possible in some jurisdictions – for example with P2P-marketplaces like LocalBitcoins, ATMs or Bounty Cards – but is usually more expensive than other options.
  • KYC Light: This degree of KYC identifies you by your payment channel and/or your phone numbers. If you pay with your bank account, PayPal, credit card or other common means of payment, the payment providers know your identity. On most platforms, be it direct exchanges, exchange platforms or marketplaces, you can buy a limited amount of Bitcoins with KYC Light.
  • Total KYC: On top of verifying your identity with your phone number and your bank account, Utter KYC means that you provide documents that prove your identity. This can be a passport, an ID card, a driver‘s license, a utility bill or a combination of all of this. Some platforms request that you provide an approval of your identity documents by a notary or a trusted third party like your bank; some are sated if you submit a photo showcasing you holding your ID card or take part in the process of movie identification. If you want to invest larger amounts of money or trade on exchanges, there‘s usually no way around Utter KYC.

Payment

Bitcoin is money, but to buy Bitcoins, you need to send money to someone else. The more advanced the financial system of your country is, The better the financial system you live in, the lighter it is to exchange your money in Bitcoins.

The movement of old fiat-money is the thickest obstacle in the flow of Bitcoin trading. If you use a slow and expensive payment channel, your acquisition of your Bitcoin is slow and expensive. If you use a rapid channel, you can buy Bitcoins fluidly.

Here is an incomplete not-complete list of commons means of payment to buy Bitcoin:

  • Bank transfer: Everybody might know the good old Bank transfer. Mostly with online banking you send money to a seller of Bitcoins and get the Bitcoins when the payments are done. In most countries, this needs 1-3 days. Direct debiting is usually not accepted common. Most exchange platforms only accept bank transfers.
  • Credit Card: Credit cards are one of the most common means of payment. But only a few direct commercial vendors accept credit cards. The reason is that Bitcoin transactions can not be undone, while credit card transactions can be reversed. This has resulted in losses for vendors which accepted credit cards. Also, vendors risk that people buy Bitcoin with stolen credit cards.Use Bitcoins to profit from stolen credit card numbers and apply algorithms to reduce the risk.
  • PayPal: A few platforms accept PayPal, but most reject it for the same problems as credit cards: PayPal transactions can be lightly undone, and when this is done after the buyer has transferred the acquired Bitcoin to another wallet, the vendor might lose. This is why eBay is a bad place to trade Bitcoins. But, like with credit cards, some platforms accept PayPal.
  • Other Payment Channels (Sofort, iDeal, Skrill…): The world of payment is rich with payment providers. In the EU alone you have dozens of them. Many direct exchanges support a rich collection of them. If you use a common provider, in Germany Sofort, in the Netherlands iDeal and so on, you have a good chance that your domestic direct exchange accepts it.
  • Private Payment Channels (Cash, Western Union, Paysafecard, etc.): Most commercial platforms don‘t accept these means of payment. You find very few exchange platform and most most likely no direct exchange where these payments are accepted. But often you‘ll find a seller on p2p marketplaces you can pay with cash or other private means of payments. A good chance might also be an ATM where you can buy Bitcoins with cash.

Different Ways To Buy Bitcoin

Now we‘re coming closer to the acquisition of your Bitcoin. In this part of our guide, we present you several common models that enable you to switch fiat-money to digital cash – in Bitcoin. Each model has its own advantages and disadvantages.

  • ATM: Maybe the easiest and most private method to acquire Bitcoins is a Bitcoin ATM. You know it, these machines where you can get money with your card. Some companies like Lamassu produce ATM-machines for Bitcoins, where you can buy Bitcoin with cash. If the operators of these machines wish, they can apply some KYC-rules, from mobile phone verification to biometric methods. On Coin-ATM-Radar.com you find a global map with these machines. Another kind of ATM is to just use an existing net of ATMs, like that from banks or train stations, to sell Bitcoins. This has been done for example in the Swiss, in the Ukraine or in Spain. ATMs mostly have a relatively high fee of 3-6 percent or even more.
  • Bounty Cards/Voucher: This is another effortless method to buy Bitcoins. You go to a kiosk or some other shop, buy a bounty card or a voucher, visit a website, where you can use the code on the card to get your Bitcoin. This method is in use for example in Austria, Mexico, and South Korea. Like ATMs, bounty cards mostly charge relatively high fees.
  • Direct commercial exchanges/brokers: These vendors are like the exchange offices you might know from an airport, but digital. They buy Bitcoins on an exchange and sell it to customers. You visit a website, choose your means of payment, pay and get Bitcoins for prices set by the platform. For most of these platforms, you need your own wallet, while some, for example, Coinbase and Circle, give you the option to save and spend the Bitcoins with a wallet they provide. Since you can use a excellent multiplicity of payment channels, even credit cards, and PayPal, such platforms might be the fastest and easiest way for fresh users to buy their very first Bitcoin. The fees of direct commercial exchanges vary inbetween one and five percent. Some of them earn money by using the spread inbetween buy and sell. Most request extra fees for some means of payment like credit cards.
  • P2P-Markets: On P2P-marketplaces buyers and sellers of Bitcoin meet and trade with each other. The fees on these markets are relatively low with zero to one percent; the spread depends on the liquidity of the market and the payment channel. Other than with direct you can not only take, but make an suggest: You set a price and wait until someone sells you a Bitcoin. This enables you to buy relatively large amounts of Bitcoin at relatively low prices. The most famous P2P-market is LocalBitcoins. This worldwide platform serves a lot of currencies and lets buyers and sellers determine which means of payment they use. It is often used to facilitate anonymous exchanges, sometimes for extraordinarily high prices. Bitcoin.de, the largest P2P-market in the Eurozone offers a good liquidity and is a nice option to lightly switch Euro to Bitcoin. The third famous P2P market is bitsquare, a entirely decentralized market, which is nothing more than a software that connects people.
  • Exchange platforms: If you want to buy regularly large amounts of Bitcoin to good prices or trade with Bitcoins you‘ll most likely choose an exchange platform. Exchanges act as an escrow for its clients and save both Bitcoin and Fiat-money on behalf of their customers. Here you can suggest your own orders to buy or sell Bitcoin, and the Their trading engine of the exchanges cumulates these orders and s offers from buyers and sellers and processes trades. Often exchanges have more options to trade like margin trading. Usually, fees and the spread are low. But the process to embark an account on exchanges can be complicated, requires privacy disclosing information and needs you to trust the exchange with your money.

Warnings about exchanges, wallets and banks

Despite the proof of identity requirements, recall exchanges and wallets don’t provide the same protections banks do.

For example, there is often no or limited insurance for your account if the exchange goes out of business or is robbed by hackers, such as was the case with the infamous failed exchange Mt Gox.

Bitcoin does not have legal status as a currency in most of the world, and authorities usually do not know how best to treatment thefts. Some larger exchanges have substituted customer funds after a theft from the exchange itself, but at this stage, they are not legally obliged to do so.

How to buy Bitcoin in your country?

Worldwide: Almost everywhere in the world, you have a chance to use local bitcoins, BitSquare or a Bitcoin ATM. While these are options you could use, it is worth to look for further options available in your country.

North America

The USA and Canada are two of the fattest markets for Bitcoin buyers. Buyers can choose from a broad diversity of options to buy Bitcoins. In both countries, you find beside LocalBitcoins and ATMs the direct vendors Coinbase, Circle, and India coin, the P2P-market Paxful and the exchange Kraken.

Buy Bitcoin InUSA

  • Direct Exchanges: With Coinbase and Kraken two major platforms suggest an effortless way to buy Bitcoins with low fees and save them in an online-wallet. Both platforms accept both bank transfers and credit cards. Indacoin is another platform for the direct exchange, but without an integrated wallet. A next option, Expresscoin, enables the acquisition of Bitcoins with cash via Billpay.
  • P2P-Markets: Beside LocalBitcoins and Bitsquare Bitquick and Paxful are P2P-markets available for customers in the US. On Bitquick you pay by depositing leaving cash on the bank of the seller, on Paxful the seller can choose whatever payment-channel he wants, including PayPal, Western Union, credit and debit cards, bounty cards and much more. While prices on Paxful are usually fairly high, Bitquick charges a fee of two percent.
  • Exchanges: If you want to buy Bitcoins with Dollar on an exchange, you have a duo of platforms to choose. The thickest exchanges are Bitstamp; Coinbase‘s GDAX and Bitfinex, followed by BTC-E, Kraken, and Gemini. While most exchanges rigorously accept bank transfers, BTC-E offers additionally the funding of an account with Credit Cards and payment providers like PerfectMoney, Paysafecards and more.

Buy Bitcoin In Canada

  • Direct: Both Kraken and Coinbase are open for Canadian Customers who can buy Bitcoins with bank transfer or credit card and store them on the platform‘s online wallet. Also, Indacoin is available for Canadian customers. More specific for Canadians, however, are QuickBT and canadianbitcoins.com, platforms where you can directly buy Bitcoins for up top one hundred fifty Canadian Dollar with several means of payment like INTERAC® Online and Flexepin Vouchers. Canadianbitcoin.com also offers the option to pay with cash in person or deposit.
  • P2P: Customers of Canada can use international P2P markets like Paxful and LocalBitcoin to buy Bitcoins on P2P-markets.
  • Exchange: Several exchanges enable the trade with Canadian Dollars. Kraken, QuadrigaCX, and CoinSquare are the most prominent examples.

Middle and South America

Other than North America, Middle, and South America just discovered Bitcoins some years ago, mostly in 2014/2015. Most exchanges are relatively fresh, and due to the lower volume and smaller liquidity, buyers have to pay more in fees and for the spread.

Several exchanges are available in some countries of South and Middle America: Satoshi Tango is a direct vendor for Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, and Peru; Bitex.la offers services in Argentina, Chile, Colombia, and Uruguay.

The P2P-market local bitcoins is available in most countries of Latin America.

Buy Bitcoin In Mexico

  • Bounty Cards: With the app of Chip-Chap.com you can buy Bitcoin bounty cards at more than Five.000 shops.
  • Direct: Volabit.com permits people to buy Bitcoin with MXN by bank transfers or depositing cash at OXXO, 7-Eleven, Banamex branches and ATM.
  • Exchange: Bitso.com is an exchange for Mexico. Fees are rapidly decreasing with trade volume to as low as 0,1 percent; the spread is relatively petite.

Buy Bitcoin In Brazil

  • Direct: People of Brazil can buy Bitcoins directly at Mercadobitcoin.com.br, a broker calling himself the thickest Bitcoin exchange in Latin America.
  • Exchange: One major exchange for Bitcoin in Brazil is FlowBTC. Here people can buy or sell Bitcoins. Deposits can be made with Ban transfers. A 2nd major exchange is Foxbit.com.br

Buy Bitcoin In Argentina

  • Direct: Ripio is a Wallet-App that permits the users to buy Bitcoins. Its special feature is that it enables the acquisition of Bitcoins on credit and serves as a payment gateway to pay with Bitcoin.

Buy Bitcoin In Venezuela

  • Exchange: With SurBitcoin Venezuela has its own Bitcoin exchange.

Buy Bitcoin In Chile

  • Exchange: Chile has its own Bitcoin exchange SurBTC, which hit the international news when it received funding from the Chilean government. P eople can buy or sell Bitcoins here and deposits in Chilean peso can be made with local bank transfers.

Europe

  • ATM: The website coinatmradar.com lists hundreds of Bitcoin ATM in Europe.
  • Direct: Due to the unclear state of regulation in the Eurozone there are a dozen of direct exchanges to buy Bitcoin which suggest a large diversity of payment channels. Most of this broker charge their customers with fees depending on the payment channel of 0,5-5 percent and earn by the spread.Examples in alphabetical order:

Any coin-direct (SEPA, Sofort, Giropay, Ideal, MyBank, TrustPay), BitIT (Neosurf Prepaid Voucher, not available in every country), BitPanda (SEPA, Sofort, Skrill, Credit Card, Neteller, PayPal), BTCDirekt (SEPA, Sofort, Credit Card, Giropay, Neteller), Coinify (SEPA, Credit Card, PayPal), CoinMate (Sofort, SEPA, Money Polo), HappyCoins (Sofort, Ideal, Mister Cash, SEPA, Giropay, MyBank), Indacoin (Credit Card), Spectrocoin (Sofort, Giropay, IDeal, Ideal Money, SEPA).

While the platforms above just sell Bitcoin and suggest no or no advanced online wallet, Coinbase and Circle online wallet with the option to buy Bitcoin with bank transfer or credit card are available in most European countries.

  • P2P-Markets: LocalBitcoin is available for every country of the Eurozone except Germany. Bitcoin.de is a P2P-Marketplace for the entire Euro-Zone where people can buy and sell Bitcoins with SEPA transfers. With 0,Five percent and a low spread, Bitcoin.de is likely the cheapest method to buy Bitcoins except for the exchanges.
  • Exchange: Several exchanges serve the Eurozone. Kraken is the leading exchange, followed by Bitstamp and BTC-E. All exchanges request utter KYC.

Eurozone (specific)

Buy Bitcoin In Austria

Citizens of Austria can buy Bitcoins with bounty cards from bitcoinbon.at that are sold in many traffic shops. This is convenient, but the relatively expensive method to buy Bitcoins.

    Buy Bitcoin In Germany

    For Germans, the Fidor-Bank is a good commence to buy Bitcoins. This online-bank fucking partners with Bitcoin.de and Kraken, making the trading on these platforms significantly swifter and more convenient. On Bitcoin.de customers of Fidor can instantly achieve total KYC status and use the so-called ExpressTrade. This enables them to buy an unlimited amount of Bitcoins for relatively low prices only minutes after the very first contact with the platform.

    Buy Bitcoin In Spain

    In Spain, you can lightly buy Bitcoins at thousands of ATMs with Bit2Me.com and chip-chap.com.

Europe (not Euro)

In almost every European country localbitcoins is available. Due to the good currency exchange inbetween local currencies and Euro many people in European countries use the big European platforms (Kraken, bitcoin.de) to buy Bitcoins. Since high fees and a big spread on petite exchanges can add a enormous premium on the price, it is often cheaper to switch the local currency into Euro and use the Euro-platforms which mostly accept clients from entire Europe.

An effortless method is to pay with credit card if available. Your credit card provider earns on the currency exchange spread and fee, but you can buy Bitcoins quick and cozily.

Buy Bitcoin In UK

  • Direct: Coinbase is also available for UK citizen to buy Bitcoins with bank transfers and credit cards. Many people from the UK use bittylicious.com, which offers beside bank transfers and credit cards UK-specific payment options like Paym or Barclays Pingit. The fees, however, can be, depending on the payment option, quiet large. Another broker who offers a direct exchange
  • Exchange: The most popular Exchange in the UK is Coinfloor, followed by Kraken and Coinbase‘s GDAX.

Buy Bitcoin In Swiss

  • ATM: Recently the national railway company SBB announced that citizens of the Swiss could buy Bitcoins at every ticket machine in every rail station. Payment can be made with Cash or electronic cash; credit cards are not accepted. On top of this person in the Swiss can find Bitcoin ATM operated by bitconsuisse.ch on several places.
  • Direct: The broker bitcoinsuisse.ch offers the option to buy Bitcoins with cash and bank transfer. 247exchange.com implemented the option to buy Bitcoins with Franken. Most other direct exchanges like Coinbase, Circle and so on accept Swiss customers but request them to pay with Euro.

Buy Bitcoin In Poland

  • Exchanges: With BitMarket.pl, BitBay.net, and bitmaszyna.pl Poland has three Bitcoin exchanges where you can buy Bitcoins with relatively good conditions with Zloty.

Buy Bitcoin In Norway

  • Direct: Cubits.com enables the direct acquisition of Bitcoins with NOK.
  • Exchange: Norway has one exchange, bitcoinsnorway.com. But the volume is fairly low so that buyers pay a premium.

Buy Bitcoin In Sweden

  • Direct: Sweden has two Bitcoin broker where you can buy Bitcoin with SEK: bt.cx and fybse.se.

Buy Bitcoin In Denmark

  • Direct: The only Danish exchange is coinify.com.

Buy Bitcoin In Ukraine

  • ATM: With the help of btcu.biz it is possible to buy Bitcoins at many bank ATM in the entire country.
  • Direct: Buy.kuna.io offers a direct exchange of Bitcoin for Hryvna. Another direct exchange is btcu.biz.
  • Exchange: With kuna.io the Ukraine has its own Bitcoin exchange for Hryvna.

Buy Bitcoin In Russia

Due to the unclear legal situation of Bitcoin in Russia, only a few exchanges and brokers exist. Many people seem to trade with localbitcoins.

  • Direct: matbea.com is a direct vendor of Bitcoin for Ruble. It requests the registration of Users with a phone number.
  • Exchange: BTC-E is the major exchange to trade Rubel and Bitcoin. It works with a multiplicity of payment providers to permit the deposit of funds.

Asia is the fastest growing market for Bitcoins. In China, Japan, and South-Korea there is a vivid trade with Bitcoins on exchanges, while Arabian countries like the Emirates are more or less Bitcoin-free. In this countries, best switches are to find an ATM or sellers on LocalBitcons.

Buy Bitcoin In China

  • Exchanges: China has the most liquid Bitcoin exchange landscape in the world. With Huobi, OKCoin and BTC China, you find the exchanges with by far the fattest volume. These exchanges charge zero fees, and as a result, the spread is utterly low. Beside them are many further exchanges.

Buy Bitcoin In Japan

  • Direct: The most popular direct exchange broker for Yen is bitflyer.jp. The broker offers a broad specter of verification degrees – from E-Mail utter KYC – and charges very low fees.
  • Exchange: With Quoine, Coincheck, and Kraken three exchanges serve the Japanese market. While they can‘t rival with Chinese exchanges regarding liquidity, they provide a good service to cheaply buy Bitcoins.

Buy Bitcoin In Thailand

  • Direct: A Bitcoin-Broker for Thailand is bitcoin.co.th. Another broker, coins.co.th, adds a comfy online wallet.
  • Exchange: With bx.in.th Thailand has its own Bitcoin exchange.

Buy Bitcoin In Korea

  • Direct and ATM: coinplug.com offers a multitude of services to buy and sell Bitcoins. They provide two unique ATM in Seoul, enable the purchase of Bitcoin in thousands of ATMs in the country by partnering with an ATM producer and provide the option to buy Bitcoins with several bounty cards.
  • Exchange: With korbit.co.kr South Korea has a well-developed exchange that offers not only the trading with Bitcoin but also wallets for all devices and a remittance service. Also, coinplug.com has an exchange.

Buy Bitcoin In India

  • Direct: An address to buy, sell, save and send Bitcoin is unocoin.com, Indias thickest Bitcoin-vendor. More or less the same offers zebpay.com, another big platform for Bitcoins in India. Like every exchange in India, those two platforms require in identity verification.
  • Exchange: Coinsecure.in is both an online-wallet as an exchange.

Buy Bitcoin In Philippines

The Philippines have an amazing multiplicity of platforms where you can buy Bitcoins.

  • Bounty cards: On prepaidbitcoin.ph you can redeem voucher cards you can buy in several locations in the Philippines.
  • Direct: buybitcoin.ph is one vendor for Bitcoins, coins.Ph another. Coins.ph accept a broad specter of payment channels like cash deposits at banks, online transfers and vouchers available nationwide in stores.
  • Exchanges: With coinage.ph and BTCexchange.ph the Philippines have two Bitcoin exchanges.

Buy Bitcoin In Turkey

While Bitcoin is not regulated in Turkey, after the failed coup and the enhancing confinements by the government there seems to be a growing pressure on Bitcoin companies.

  • Gift-card: With bitupcard.com you can buy the voucher that is redeemable for Bitcoins online.
  • Direct: koinim.com is a platform where you can directly buy Bitcoin and Litecoin with Lira.
  • Exchange: BTCTurk.com is Turkey‘s very first Bitcoin exchange. Here you can buy and sell Bitcoins. Recently BTCTurk had trouble with its bank account, and there have been rumors it has to shut down. But by now it still seems to be operating.

Middle East

Buy Bitcoin In Israel

  • Direct: Bits of Gold is the oldest Bitcoin platform in Israel. Here you can directly buy and sell Bitcoins.
  • Exchange: Bit2C is Israel‘s major Bitcoin exchange.
  • Other: Citizen of the United Arab Emirates can use bitoasis.net to buy Bitcoins directly; in Kuwait you can buy Bitcoins on bitfils.com; in Vietnam you find the Broker bitcoinvietnam.com.vn and the exchange vbtc.vn; in Malaysia coinbox.biz and coins.my provide an online wallet and an effortless method to buy and sell Bitcoins, while oinhako.com is a wallet with the option to buy and sell for Malaysia and Singapur and bitx.co offers an exchange for Malaysia and Indonesia. In Indonesia, you can also buy Bitcoins at bitcoin.co.id. Citizen of Taiwan can use maicoin.com to buy, sell and use Bitcoins.

Oceania

Buy Bitcoin In Australia

  • Direct: Australia has several direct Bitcoin vendors: btradeaustralia.com supports Poli-Payments, buyabitcoin.com.au accepts cash deposits in banks, cointree.com.au supports both payment-options, coinloft.com.au too plus Flexepin vouchers, and bitcoin.com.au enables the acquisition of Bitcoin by depositing cash at kiosks. coinjar.com.au promotes itself not only as a vendor but also as a wallet to use Bitcoins.
  • Exchange: With independentreserve.com and coinspot.com.au Australia has two exchanges.

Buy Bitcoin In Fresh Zealand

  • Direct: At coined.co.nz you can buy Bitcoins with online bank transfers, at buybitcoin.co.nz with bank deposits. More payment options suggest coinhub.nz where you can not only pay with bank transfers but also with cash deposits at ATMs and tellers as with PayPal. mybitcoinsaver.com offers a wallet and the option to invest regularly in Bitcoins with automatic bank transfers.
  • Exchange: Fresh Zealand has two Bitcoin exchanges. On bitnz.com the spread is relatively large, while you‘ll find better prices at nzbcx.com,

Africa

Compared with the rest of the world Africas lacks Bitcoin adoption and has only a few exchanges. If no exchanges exist, it‘s a good idea in many countries to search LocalBitcoins to find a local vendor.

Buy Bitcoin In South Africa

  • South Africa has two Bitcoin exchanges: Bit-X and ice3x.com (Ice Cube).

Buy Bitcoin In Nigeria

  • In Nigeria, you can also trade Bitcoins on Bit-X. Also, you can use nairaex.com to buy Bitcoins with bank transfers and bitpesa.co to purchase coins with debit cards or paga.

Buy Bitcoin In Tanzania

  • In Tanzania, you can use bitpesa.co to buy Bitcoins with bank transfers.

Buy Bitcoin In Uganda

  • Bitpesa.co offers citizen of Uganda to buy Bitcoins with MTN or Airtel Money.

Buy Bitcoin In Zimbabwe

  • Bitcoinfundi.com seems to serve Zimbabwe, but prices are shown in Dollar.

Conclusion

Buying bitcoins is not always as effortless as newcomers expect. The good news is the number of options is enhancing, and it is getting lighter all the time.

How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

Blockgeeks

How To Buy Bitcoin Anywhere in The World (Ultimate Guide)

An in-depth guide by BlockGeeks

There are a lot of options to buy Bitcoins, available in almost every country of the world from, Bounty cards, ATM, local Traders, broker, exchanges: Our ultimate guide explains, how to buy Bitcoin anywhere in the world.

Maybe you heard about this crazy cryptocurrency Bitcoin. The future of money, the revolution of payment, the digital gold, slayer of capital controls, holy grail of Fintech.Now you maybe want to know more. The best way to learn is just to attempt it. Buy a Bitcoin, pay with it, store it in your digital wallet, observe the price rise or go down. But where can you buy it? And how?

For many people, the very first acquisition of a Bitcoin is a appalling process. It seems so complicated. But actually, it is not. There are a lot of options to lightly, prompt and cosily buy your very first Bitcoin.

Which one is the best depends on your country and your preferences?

If you are in a hurry, you can just click on the link in the table to find out your options on how to buy Bitcoin.

Where To And How To Buy Bitcoins Globally

To find the flawless method to buy your very first Bitcoin however you should very first take into account several factors:

  • How much private information do you want to disclose?
  • How do you want to pay?
  • Where do you live

Depending on these factors you should lightly be able to determine which platform fits your needs.

This guide starts with explaining what options you have to disclose private information (or not disclose it) and what payment channels you can use. After this, the guide presents the commons methods to buy Bitcoin and gives an overview of several platforms in several countries.

How To Buy Bitcoin Anywhere in The World

Private Information

Bitcoin is a financial contraption and thus subject to financial regulation in most jurisdictions. Almost everywhere Anti-Money-Laundering-Rules (AML) are applied to platforms that sell Bitcoins or enable users to buy and sell Bitcoins. Most of these platforms have to adopt Know Your Customer rules (KYC) to verify the identity of its users.

Since Bitcoin transactions are saved publicly visible on the blockchain and can be traced back, the degree of private information you disclose with buying Bitcoins can have serious implications on your privacy.

There are several grades of KYC with an enhancing amount of private information you have to disclose. The following list starts with the lowest grade:

  • No KYC: No KYC means that the platform or the seller of Bitcoins does not know who you are. You don‘t have to showcase an identity document, and you pay with a private means of payment like cash, Moneygram, Paysafecard or Western-Union. Buying Bitcoin without KYC is possible in some jurisdictions – for example with P2P-marketplaces like LocalBitcoins, ATMs or Bounty Cards – but is usually more expensive than other options.
  • KYC Light: This degree of KYC identifies you by your payment channel and/or your phone numbers. If you pay with your bank account, PayPal, credit card or other common means of payment, the payment providers know your identity. On most platforms, be it direct exchanges, exchange platforms or marketplaces, you can buy a limited amount of Bitcoins with KYC Light.
  • Utter KYC: On top of verifying your identity with your phone number and your bank account, Total KYC means that you provide documents that prove your identity. This can be a passport, an ID card, a driver‘s license, a utility bill or a combination of all of this. Some platforms request that you provide an approval of your identity documents by a notary or a trusted third party like your bank; some are sated if you submit a photo showcasing you holding your ID card or take part in the process of movie identification. If you want to invest larger amounts of money or trade on exchanges, there‘s usually no way around Utter KYC.

Payment

Bitcoin is money, but to buy Bitcoins, you need to send money to someone else. The more advanced the financial system of your country is, The better the financial system you live in, the lighter it is to exchange your money in Bitcoins.

The movement of old fiat-money is the largest obstacle in the flow of Bitcoin trading. If you use a slow and expensive payment channel, your acquisition of your Bitcoin is slow and expensive. If you use a quick channel, you can buy Bitcoins fluidly.

Here is an incomplete not-complete list of commons means of payment to buy Bitcoin:

  • Bank transfer: Everybody might know the good old Bank transfer. Mostly with online banking you send money to a seller of Bitcoins and get the Bitcoins when the payments are done. In most countries, this needs 1-3 days. Direct debiting is usually not accepted common. Most exchange platforms only accept bank transfers.
  • Credit Card: Credit cards are one of the most common means of payment. But only a few direct commercial vendors accept credit cards. The reason is that Bitcoin transactions can not be undone, while credit card transactions can be reversed. This has resulted in losses for vendors which accepted credit cards. Also, vendors risk that people buy Bitcoin with stolen credit cards.Use Bitcoins to profit from stolen credit card numbers and apply algorithms to reduce the risk.
  • PayPal: A few platforms accept PayPal, but most reject it for the same problems as credit cards: PayPal transactions can be lightly undone, and when this is done after the buyer has transferred the acquired Bitcoin to another wallet, the vendor might lose. This is why eBay is a bad place to trade Bitcoins. But, like with credit cards, some platforms accept PayPal.
  • Other Payment Channels (Sofort, iDeal, Skrill…): The world of payment is rich with payment providers. In the EU alone you have dozens of them. Many direct exchanges support a rich collection of them. If you use a common provider, in Germany Sofort, in the Netherlands iDeal and so on, you have a good chance that your domestic direct exchange accepts it.
  • Private Payment Channels (Cash, Western Union, Paysafecard, etc.): Most commercial platforms don‘t accept these means of payment. You find very few exchange platform and most very likely no direct exchange where these payments are accepted. But often you‘ll find a seller on p2p marketplaces you can pay with cash or other private means of payments. A good chance might also be an ATM where you can buy Bitcoins with cash.

Different Ways To Buy Bitcoin

Now we‘re coming closer to the acquisition of your Bitcoin. In this part of our guide, we present you several common models that enable you to switch fiat-money to digital cash – in Bitcoin. Each model has its own advantages and disadvantages.

  • ATM: Maybe the easiest and most private method to acquire Bitcoins is a Bitcoin ATM. You know it, these machines where you can get money with your card. Some companies like Lamassu produce ATM-machines for Bitcoins, where you can buy Bitcoin with cash. If the operators of these machines wish, they can apply some KYC-rules, from mobile phone verification to biometric methods. On Coin-ATM-Radar.com you find a global map with these machines. Another kind of ATM is to just use an existing net of ATMs, like that from banks or train stations, to sell Bitcoins. This has been done for example in the Swiss, in the Ukraine or in Spain. ATMs mostly have a relatively high fee of 3-6 percent or even more.
  • Bounty Cards/Voucher: This is another effortless method to buy Bitcoins. You go to a kiosk or some other shop, buy a bounty card or a voucher, visit a website, where you can use the code on the card to get your Bitcoin. This method is in use for example in Austria, Mexico, and South Korea. Like ATMs, bounty cards mostly charge relatively high fees.
  • Direct commercial exchanges/brokers: These vendors are like the exchange offices you might know from an airport, but digital. They buy Bitcoins on an exchange and sell it to customers. You visit a website, choose your means of payment, pay and get Bitcoins for prices set by the platform. For most of these platforms, you need your own wallet, while some, for example, Coinbase and Circle, give you the option to save and spend the Bitcoins with a wallet they provide. Since you can use a good multiplicity of payment channels, even credit cards, and PayPal, such platforms might be the fastest and easiest way for fresh users to buy their very first Bitcoin. The fees of direct commercial exchanges vary inbetween one and five percent. Some of them earn money by using the spread inbetween buy and sell. Most request extra fees for some means of payment like credit cards.
  • P2P-Markets: On P2P-marketplaces buyers and sellers of Bitcoin meet and trade with each other. The fees on these markets are relatively low with zero to one percent; the spread depends on the liquidity of the market and the payment channel. Other than with direct you can not only take, but make an suggest: You set a price and wait until someone sells you a Bitcoin. This enables you to buy relatively large amounts of Bitcoin at relatively low prices. The most famous P2P-market is LocalBitcoins. This worldwide platform serves a lot of currencies and lets buyers and sellers determine which means of payment they use. It is often used to facilitate anonymous exchanges, sometimes for extraordinarily high prices. Bitcoin.de, the largest P2P-market in the Eurozone offers a good liquidity and is a nice option to lightly switch Euro to Bitcoin. The third famous P2P market is bitsquare, a totally decentralized market, which is nothing more than a software that connects people.
  • Exchange platforms: If you want to buy regularly large amounts of Bitcoin to good prices or trade with Bitcoins you‘ll most likely choose an exchange platform. Exchanges act as an escrow for its clients and save both Bitcoin and Fiat-money on behalf of their customers. Here you can suggest your own orders to buy or sell Bitcoin, and the Their trading engine of the exchanges cumulates these orders and s offers from buyers and sellers and processes trades. Often exchanges have more options to trade like margin trading. Usually, fees and the spread are low. But the process to commence an account on exchanges can be complicated, requires privacy disclosing information and needs you to trust the exchange with your money.

Warnings about exchanges, wallets and banks

Despite the proof of identity requirements, recall exchanges and wallets don’t provide the same protections banks do.

For example, there is often no or limited insurance for your account if the exchange goes out of business or is robbed by hackers, such as was the case with the infamous failed exchange Mt Gox.

Bitcoin does not have legal status as a currency in most of the world, and authorities usually do not know how best to treatment thefts. Some larger exchanges have substituted customer funds after a theft from the exchange itself, but at this stage, they are not legally obliged to do so.

How to buy Bitcoin in your country?

Worldwide: Almost everywhere in the world, you have a chance to use local bitcoins, BitSquare or a Bitcoin ATM. While these are options you could use, it is worth to look for further options available in your country.

North America

The USA and Canada are two of the thickest markets for Bitcoin buyers. Buyers can choose from a broad multitude of options to buy Bitcoins. In both countries, you find beside LocalBitcoins and ATMs the direct vendors Coinbase, Circle, and India coin, the P2P-market Paxful and the exchange Kraken.

Buy Bitcoin InUSA

  • Direct Exchanges: With Coinbase and Kraken two major platforms suggest an effortless way to buy Bitcoins with low fees and save them in an online-wallet. Both platforms accept both bank transfers and credit cards. Indacoin is another platform for the direct exchange, but without an integrated wallet. A next option, Expresscoin, enables the acquisition of Bitcoins with cash via Billpay.
  • P2P-Markets: Beside LocalBitcoins and Bitsquare Bitquick and Paxful are P2P-markets available for customers in the US. On Bitquick you pay by depositing leaving cash on the bank of the seller, on Paxful the seller can choose whatever payment-channel he wants, including PayPal, Western Union, credit and debit cards, bounty cards and much more. While prices on Paxful are usually fairly high, Bitquick charges a fee of two percent.
  • Exchanges: If you want to buy Bitcoins with Dollar on an exchange, you have a duo of platforms to choose. The largest exchanges are Bitstamp; Coinbase‘s GDAX and Bitfinex, followed by BTC-E, Kraken, and Gemini. While most exchanges rigorously accept bank transfers, BTC-E offers additionally the funding of an account with Credit Cards and payment providers like PerfectMoney, Paysafecards and more.

Buy Bitcoin In Canada

  • Direct: Both Kraken and Coinbase are open for Canadian Customers who can buy Bitcoins with bank transfer or credit card and store them on the platform‘s online wallet. Also, Indacoin is available for Canadian customers. More specific for Canadians, however, are QuickBT and canadianbitcoins.com, platforms where you can directly buy Bitcoins for up top one hundred fifty Canadian Dollar with several means of payment like INTERAC® Online and Flexepin Vouchers. Canadianbitcoin.com also offers the option to pay with cash in person or deposit.
  • P2P: Customers of Canada can use international P2P markets like Paxful and LocalBitcoin to buy Bitcoins on P2P-markets.
  • Exchange: Several exchanges enable the trade with Canadian Dollars. Kraken, QuadrigaCX, and CoinSquare are the most prominent examples.

Middle and South America

Other than North America, Middle, and South America just discovered Bitcoins some years ago, mostly in 2014/2015. Most exchanges are relatively fresh, and due to the lower volume and smaller liquidity, buyers have to pay more in fees and for the spread.

Several exchanges are available in some countries of South and Middle America: Satoshi Tango is a direct vendor for Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, and Peru; Bitex.la offers services in Argentina, Chile, Colombia, and Uruguay.

The P2P-market local bitcoins is available in most countries of Latin America.

Buy Bitcoin In Mexico

  • Bounty Cards: With the app of Chip-Chap.com you can buy Bitcoin bounty cards at more than Five.000 shops.
  • Direct: Volabit.com permits people to buy Bitcoin with MXN by bank transfers or depositing cash at OXXO, 7-Eleven, Banamex branches and ATM.
  • Exchange: Bitso.com is an exchange for Mexico. Fees are rapidly decreasing with trade volume to as low as 0,1 percent; the spread is relatively puny.

Buy Bitcoin In Brazil

  • Direct: People of Brazil can buy Bitcoins directly at Mercadobitcoin.com.br, a broker calling himself the thickest Bitcoin exchange in Latin America.
  • Exchange: One major exchange for Bitcoin in Brazil is FlowBTC. Here people can buy or sell Bitcoins. Deposits can be made with Ban transfers. A 2nd major exchange is Foxbit.com.br

Buy Bitcoin In Argentina

  • Direct: Ripio is a Wallet-App that permits the users to buy Bitcoins. Its special feature is that it enables the acquisition of Bitcoins on credit and serves as a payment gateway to pay with Bitcoin.

Buy Bitcoin In Venezuela

  • Exchange: With SurBitcoin Venezuela has its own Bitcoin exchange.

Buy Bitcoin In Chile

  • Exchange: Chile has its own Bitcoin exchange SurBTC, which hit the international news when it received funding from the Chilean government. P eople can buy or sell Bitcoins here and deposits in Chilean peso can be made with local bank transfers.

Europe

  • ATM: The website coinatmradar.com lists hundreds of Bitcoin ATM in Europe.
  • Direct: Due to the unclear state of regulation in the Eurozone there are a dozen of direct exchanges to buy Bitcoin which suggest a large multiplicity of payment channels. Most of this broker charge their customers with fees depending on the payment channel of 0,5-5 percent and earn by the spread.Examples in alphabetical order:

Any coin-direct (SEPA, Sofort, Giropay, Ideal, MyBank, TrustPay), BitIT (Neosurf Prepaid Voucher, not available in every country), BitPanda (SEPA, Sofort, Skrill, Credit Card, Neteller, PayPal), BTCDirekt (SEPA, Sofort, Credit Card, Giropay, Neteller), Coinify (SEPA, Credit Card, PayPal), CoinMate (Sofort, SEPA, Money Polo), HappyCoins (Sofort, Ideal, Mister Cash, SEPA, Giropay, MyBank), Indacoin (Credit Card), Spectrocoin (Sofort, Giropay, IDeal, Flawless Money, SEPA).

While the platforms above just sell Bitcoin and suggest no or no advanced online wallet, Coinbase and Circle online wallet with the option to buy Bitcoin with bank transfer or credit card are available in most European countries.

  • P2P-Markets: LocalBitcoin is available for every country of the Eurozone except Germany. Bitcoin.de is a P2P-Marketplace for the entire Euro-Zone where people can buy and sell Bitcoins with SEPA transfers. With 0,Five percent and a low spread, Bitcoin.de is likely the cheapest method to buy Bitcoins except for the exchanges.
  • Exchange: Several exchanges serve the Eurozone. Kraken is the leading exchange, followed by Bitstamp and BTC-E. All exchanges request utter KYC.

Eurozone (specific)

Buy Bitcoin In Austria

Citizens of Austria can buy Bitcoins with bounty cards from bitcoinbon.at that are sold in many traffic shops. This is convenient, but the relatively expensive method to buy Bitcoins.

    Buy Bitcoin In Germany

    For Germans, the Fidor-Bank is a good commence to buy Bitcoins. This online-bank fucking partners with Bitcoin.de and Kraken, making the trading on these platforms significantly swifter and more convenient. On Bitcoin.de customers of Fidor can instantly achieve total KYC status and use the so-called ExpressTrade. This enables them to buy an unlimited amount of Bitcoins for relatively low prices only minutes after the very first contact with the platform.

    Buy Bitcoin In Spain

    In Spain, you can lightly buy Bitcoins at thousands of ATMs with Bit2Me.com and chip-chap.com.

Europe (not Euro)

In almost every European country localbitcoins is available. Due to the good currency exchange inbetween local currencies and Euro many people in European countries use the big European platforms (Kraken, bitcoin.de) to buy Bitcoins. Since high fees and a big spread on petite exchanges can add a big premium on the price, it is often cheaper to switch the local currency into Euro and use the Euro-platforms which mostly accept clients from entire Europe.

An effortless method is to pay with credit card if available. Your credit card provider earns on the currency exchange spread and fee, but you can buy Bitcoins prompt and cozily.

Buy Bitcoin In UK

  • Direct: Coinbase is also available for UK citizen to buy Bitcoins with bank transfers and credit cards. Many people from the UK use bittylicious.com, which offers beside bank transfers and credit cards UK-specific payment options like Paym or Barclays Pingit. The fees, however, can be, depending on the payment option, quiet large. Another broker who offers a direct exchange
  • Exchange: The most popular Exchange in the UK is Coinfloor, followed by Kraken and Coinbase‘s GDAX.

Buy Bitcoin In Swiss

  • ATM: Recently the national railway company SBB announced that citizens of the Swiss could buy Bitcoins at every ticket machine in every rail station. Payment can be made with Cash or electronic cash; credit cards are not accepted. On top of this person in the Swiss can find Bitcoin ATM operated by bitconsuisse.ch on several places.
  • Direct: The broker bitcoinsuisse.ch offers the option to buy Bitcoins with cash and bank transfer. 247exchange.com implemented the option to buy Bitcoins with Franken. Most other direct exchanges like Coinbase, Circle and so on accept Swiss customers but request them to pay with Euro.

Buy Bitcoin In Poland

  • Exchanges: With BitMarket.pl, BitBay.net, and bitmaszyna.pl Poland has three Bitcoin exchanges where you can buy Bitcoins with relatively good conditions with Zloty.

Buy Bitcoin In Norway

  • Direct: Cubits.com enables the direct acquisition of Bitcoins with NOK.
  • Exchange: Norway has one exchange, bitcoinsnorway.com. But the volume is fairly low so that buyers pay a premium.

Buy Bitcoin In Sweden

  • Direct: Sweden has two Bitcoin broker where you can buy Bitcoin with SEK: bt.cx and fybse.se.

Buy Bitcoin In Denmark

  • Direct: The only Danish exchange is coinify.com.

Buy Bitcoin In Ukraine

  • ATM: With the help of btcu.biz it is possible to buy Bitcoins at many bank ATM in the entire country.
  • Direct: Buy.kuna.io offers a direct exchange of Bitcoin for Hryvna. Another direct exchange is btcu.biz.
  • Exchange: With kuna.io the Ukraine has its own Bitcoin exchange for Hryvna.

Buy Bitcoin In Russia

Due to the unclear legal situation of Bitcoin in Russia, only a few exchanges and brokers exist. Many people seem to trade with localbitcoins.

  • Direct: matbea.com is a direct vendor of Bitcoin for Ruble. It requests the registration of Users with a phone number.
  • Exchange: BTC-E is the major exchange to trade Rubel and Bitcoin. It works with a multiplicity of payment providers to permit the deposit of funds.

Asia is the fastest growing market for Bitcoins. In China, Japan, and South-Korea there is a vivid trade with Bitcoins on exchanges, while Arabian countries like the Emirates are more or less Bitcoin-free. In this countries, best switches are to find an ATM or sellers on LocalBitcons.

Buy Bitcoin In China

  • Exchanges: China has the most liquid Bitcoin exchange landscape in the world. With Huobi, OKCoin and BTC China, you find the exchanges with by far the fattest volume. These exchanges charge zero fees, and as a result, the spread is enormously low. Beside them are many further exchanges.

Buy Bitcoin In Japan

  • Direct: The most popular direct exchange broker for Yen is bitflyer.jp. The broker offers a broad specter of verification degrees – from E-Mail total KYC – and charges very low fees.
  • Exchange: With Quoine, Coincheck, and Kraken three exchanges serve the Japanese market. While they can‘t challenge with Chinese exchanges regarding liquidity, they provide a good service to cheaply buy Bitcoins.

Buy Bitcoin In Thailand

  • Direct: A Bitcoin-Broker for Thailand is bitcoin.co.th. Another broker, coins.co.th, adds a comfy online wallet.
  • Exchange: With bx.in.th Thailand has its own Bitcoin exchange.

Buy Bitcoin In Korea

  • Direct and ATM: coinplug.com offers a multitude of services to buy and sell Bitcoins. They provide two unique ATM in Seoul, enable the purchase of Bitcoin in thousands of ATMs in the country by partnering with an ATM producer and provide the option to buy Bitcoins with several bounty cards.
  • Exchange: With korbit.co.kr South Korea has a well-developed exchange that offers not only the trading with Bitcoin but also wallets for all devices and a remittance service. Also, coinplug.com has an exchange.

Buy Bitcoin In India

  • Direct: An address to buy, sell, save and send Bitcoin is unocoin.com, Indias largest Bitcoin-vendor. More or less the same offers zebpay.com, another big platform for Bitcoins in India. Like every exchange in India, those two platforms require in identity verification.
  • Exchange: Coinsecure.in is both an online-wallet as an exchange.

Buy Bitcoin In Philippines

The Philippines have an amazing diversity of platforms where you can buy Bitcoins.

  • Bounty cards: On prepaidbitcoin.ph you can redeem voucher cards you can buy in several locations in the Philippines.
  • Direct: buybitcoin.ph is one vendor for Bitcoins, coins.Ph another. Coins.ph accept a broad specter of payment channels like cash deposits at banks, online transfers and vouchers available nationwide in stores.
  • Exchanges: With coinage.ph and BTCexchange.ph the Philippines have two Bitcoin exchanges.

Buy Bitcoin In Turkey

While Bitcoin is not regulated in Turkey, after the failed coup and the enlargening confinements by the government there seems to be a growing pressure on Bitcoin companies.

  • Gift-card: With bitupcard.com you can buy the voucher that is redeemable for Bitcoins online.
  • Direct: koinim.com is a platform where you can directly buy Bitcoin and Litecoin with Lira.
  • Exchange: BTCTurk.com is Turkey‘s very first Bitcoin exchange. Here you can buy and sell Bitcoins. Recently BTCTurk had trouble with its bank account, and there have been rumors it has to shut down. But by now it still seems to be operating.

Middle East

Buy Bitcoin In Israel

  • Direct: Bits of Gold is the oldest Bitcoin platform in Israel. Here you can directly buy and sell Bitcoins.
  • Exchange: Bit2C is Israel‘s major Bitcoin exchange.
  • Other: Citizen of the United Arab Emirates can use bitoasis.net to buy Bitcoins directly; in Kuwait you can buy Bitcoins on bitfils.com; in Vietnam you find the Broker bitcoinvietnam.com.vn and the exchange vbtc.vn; in Malaysia coinbox.biz and coins.my provide an online wallet and an effortless method to buy and sell Bitcoins, while oinhako.com is a wallet with the option to buy and sell for Malaysia and Singapur and bitx.co offers an exchange for Malaysia and Indonesia. In Indonesia, you can also buy Bitcoins at bitcoin.co.id. Citizen of Taiwan can use maicoin.com to buy, sell and use Bitcoins.

Oceania

Buy Bitcoin In Australia

  • Direct: Australia has several direct Bitcoin vendors: btradeaustralia.com supports Poli-Payments, buyabitcoin.com.au accepts cash deposits in banks, cointree.com.au supports both payment-options, coinloft.com.au too plus Flexepin vouchers, and bitcoin.com.au enables the acquisition of Bitcoin by depositing cash at kiosks. coinjar.com.au promotes itself not only as a vendor but also as a wallet to use Bitcoins.
  • Exchange: With independentreserve.com and coinspot.com.au Australia has two exchanges.

Buy Bitcoin In Fresh Zealand

  • Direct: At coined.co.nz you can buy Bitcoins with online bank transfers, at buybitcoin.co.nz with bank deposits. More payment options suggest coinhub.nz where you can not only pay with bank transfers but also with cash deposits at ATMs and tellers as with PayPal. mybitcoinsaver.com offers a wallet and the option to invest regularly in Bitcoins with automatic bank transfers.
  • Exchange: Fresh Zealand has two Bitcoin exchanges. On bitnz.com the spread is relatively large, while you‘ll find better prices at nzbcx.com,

Africa

Compared with the rest of the world Africas lacks Bitcoin adoption and has only a few exchanges. If no exchanges exist, it‘s a good idea in many countries to search LocalBitcoins to find a local vendor.

Buy Bitcoin In South Africa

  • South Africa has two Bitcoin exchanges: Bit-X and ice3x.com (Ice Cube).

Buy Bitcoin In Nigeria

  • In Nigeria, you can also trade Bitcoins on Bit-X. Also, you can use nairaex.com to buy Bitcoins with bank transfers and bitpesa.co to purchase coins with debit cards or paga.

Buy Bitcoin In Tanzania

  • In Tanzania, you can use bitpesa.co to buy Bitcoins with bank transfers.

Buy Bitcoin In Uganda

  • Bitpesa.co offers citizen of Uganda to buy Bitcoins with MTN or Airtel Money.

Buy Bitcoin In Zimbabwe

  • Bitcoinfundi.com seems to serve Zimbabwe, but prices are shown in Dollar.

Conclusion

Buying bitcoins is not always as effortless as newcomers expect. The good news is the number of options is enlargening, and it is getting lighter all the time.

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