Bitcoin to perfect money exchange

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744A1 1 0 0 0 8. 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 try it. Buy a Bitcoin, pay with it, store it in your digital wallet, watch the price rise or go down. But where can you buy it?

For many people, the first acquisition of a Bitcoin is a terrifying process. There are a lot of options to easily, fast and comfortably buy your 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. How much private information do you want to disclose? How do you want to pay? Depending on these factors you should easily be able to decide which platform fits your needs.

After this, the guide presents the common methods to buy Bitcoin and gives an overview of several platforms in several countries. Bitcoins or enable users to buy and sell Bitcoins. 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 increasing amount of private information you have to disclose. No KYC: No KYC means that the platform or the seller of Bitcoins does not know who you are.

On most platforms, be it direct exchanges, exchange platforms or marketplaces, you can buy a limited amount of Bitcoins with KYC Light. Full KYC: On top of verifying your identity with your phone number and your bank account, Full KYC means that you provide documents that prove your identity. The more advanced the financial system of your country is, The better the financial system you live in, the easier it is to exchange your money in Bitcoins. The movement of old fiat-money is the biggest 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.