Top 3 Cheapest Ways To Buy Bitcoin

What is the cheapest way to buy bitcoin online in 2023 and what brokers have the lowest bitcoin fees on the market?

If you are looking to buy large amounts of bitcoins, please turn to this guide:

• Best bitcoin otc brokers

Now, when it comes to investing in cryptocurrencies many platforms nowadays charge ridiculous prices for buying coins.

Since there are so many ways of buying bitcoin today, there is probably only one truly safe way of buying it online.

This is through a bitcoin exchange that provides this service.

But which exchanges are trustworthy and at the same time offer very low fees for online purchases of bitcoin?

How to buy bitcoin cheap

Below is the list of exchanges where you can buy bitcoin cheaply with both credit cards, and debit cards, and through other payment methods such as bank transfers and e-wallets. Depending on where you live there are different platforms to choose from.

1. BlockFi – Cheapest way to buy bitcoin in USA
2. Indacoin – Cheapest way buy bitcoin UK
3. Coinbase – Great option for USA
4. Anycoin Direct – Cheapest way to buy bitcoin in Europe
5. Cointree – Cheapest way to buy bitcoin in Australia
6. Bitpanda – Great option for Europe
7. CEX.IO – Great option for UK
8. Coinberry – Cheapest way to buy bitcoin in Canada
9. ChangeNOW – Best non-regulated exchange
10. Changelly – Cheap option overall

The cheapest way to get bitcoin is one of these exchanges.

Top 3 Cheapest Places to Buy Bitcoin Compared

Cheapest way to buy Bitcoin with Credit Card

If you want to buy bitcoin cheap with a credit card you need to head over to Cex.io.

This trusted bitcoin investment site has a credit card fee of only 2.99%.

This is lower than most of the popular brokers like Binance, Coinbase, and KuCoin.

Other than that Cex.io offers a range of different trading features like leverage trading, crypto staking, and instant exchange.

It doesn’t take long to invest in Cex.io, all you need to do is to register and navigate to the Products in the menu.

Here you click Instant Buy and you will see this page.

You can either choose to buy bitcoin for $200, $500, $1000 or select your own amount to the right.

Cheapest way to buy Bitcoin with PayPal

Paxful offers transactions with PayPal’s 0% fee and you can always see the % rate you get on the dollar.

This means that you can basically choose the cheapest bitcoin from all the offers.

Something interesting with Paxful is that when you buy bitcoin with PayPal you are buying directly from users of the platform

They put out offers and you can choose any of them.

This is of course done under supervision from Paxful which makes it all safe.

To buy bitcoin cheaply with PayPal on Paxful you need to do is to register first.

Then on the first page choose Paypal, choose the amount you want to buy and what fiat currency you want to play with to the right, then click Search for Offers.

When you click Search for Offers you will get to a new page where you will be able to choose a seller.

Here you can browse all of the offers that other users have put out.

You will see the average speed of delivery, the user who is selling, and the % of the dollar you get.

This basically means what price the seller has put on their bitcoin.

It looks like this.

When you have found an offer that interests you, go ahead and click Buy to proceed to check out.

The next page will confirm all the details and if you are happy with everything, click Buy Now.

The reputation is only getting better thanks to the quality of its product and all of the payment methods they are adding.

Cheapest way to buy Bitcoin with Debit Card

The cheapest way to buy Bitcoin with a debit card is through Bitpanda.

This crypto exchange has been around since 2014 and has been used by millions of traders with their cryptocurrency investments.

The debit card fee on Bitpanda is 1.50% and is for sure the cheapest option you have today.

Here is a quick guide on how to use Bitpanda.

First, you need to register with the exchange, then you need to deposit your fiat currency.

Then on the first page, go ahead and click Deposit.

This will open up a new window where you will be able to choose your fiat currency.

At the moment the offer deposits in USD, EUR, CHF, GBP, and TRY.

Depending on which fiat currency you choose you will have different payment options.

Here is what’s available if you choose to buy bitcoin with USD.

Next, click your preferred debit card payment option.

Then you have to confirm your order and type the code you receive on your mobile phone.

Then you will be forwarded to the card detail page where you fill in the details of the card.

Lastly, click Buy to finalize the order.

Congrats, that’s how you buy bitcoin cheap with a debit card.

What is the cheapest way to buy Bitcoin?

This depends on what payment method you are going to use.

Are you going to buy bitcoin with a credit card, bank account, debit card, PayPal, or any other e-wallet?

The list of deposit methods is long so in this article I’ve focused on the most popular payment methods, Credit cards, Debit cards, and Paypal.

The flat fee is 2.99%, which is lower than many of the bigger players like Binance and Coinbase.

Don’t get me wrong because there are other platforms with lower fees but since they are not trustworthy I’ve excluded them completely.

I’ve chosen only the most trusted brokers that have the lowest bitcoin fees.

If you want to buy bitcoin cheap with a debit card you should check out Bitpanda.

This exchange has become very popular and earned a good reputation along with very cheap bitcoin fees.

At a flat fee of 1.50%, you will enjoy secure bitcoin investments.

The Paxful PayPal fee is 0%.

They make their money on the sellers from their platform which makes it a very cheap place to buy bitcoin.

Paxful is also a very secure player and has earned a very strong reputation as a broker with the most payment methods.

If you want to use any other deposit method I strongly recommend you to check them out.

What is the easiest way to buy Bitcoin?

Out of all my investments, I find that the instant crypto exchange is the easiest way to buy bitcoin.

Their interface is very user-friendly and the process of buying bitcoin is very fast.

If you are new to instant bitcoin exchanges I would definitely recommend you to try out Changelly.

It has a very good reputation in the crypto community, the fees are very low and it’s super easy to understand.

There are over 160 altcoins to trade with so if you have some spare bitcoin you can find really good cheap cryptocurrencies on this exchange.

Here is a screenshot of the first page.

When you have chosen currency and amount go ahead and click Buy BTC now.

This will take you to the next page.

Here you will be able to choose payment methods like a credit card, debit card, apple pay, or bank transfer.

Check the box for the preferred payment option.

To the right, you will see all the offers from the different exchanges that Changelly is connected to.

Changelly is connected to most of the bigger brokers like Binance and Bittrex.

This is why they have such low prices.

This makes it very easy to find the best offers for bitcoin because you don’t need to sign up on all exchanges, you can just stay on Changelly and browse all offers.

Now, double-check your amount and fiat currency and click Buy Now.

Next up you will have to add your Bitcoin wallet address.

Choose a payment method.

Then click buy now and that’s it.

Congrats, that’s how easy it is to buy bitcoin on Changelly, enjoy!

Can you buy Bitcoin without fees?

Unless there is a promotion from some kind of crypto exchange with free credit card deposits, it’s not possible to buy bitcoin without fees.

However, there is a way to bypass this and get bitcoin for free.

If you own any other cryptocurrency like an altcoin on another exchange you can transfer them to SimpleSwap and trade them for bitcoin.

On SimpleSwap you can trade bitcoin without fees.

Yes, SimpleSwap has a 0% trade fee on all cryptocurrencies, and the way they make money is pretty impressive.

This instant cryptocurrency exchange is connected to several other popular trading platforms like Binance and Bittrex through an algorithm.

Here are the exchange partners connected to SimpleSwap.

This algorithm scans the order books of 10 other brokers for the best prices.

Here you can actually buy bitcoin without fees if you already own another cryptocurrency.

All you need to do is to exchange it for Bitcoin with a 0% trading fee.

SimpleSwap makes money when they find better-than-expected prices and they take a small cut.

This adds up because they are transactions with thousands of traders every day.

This is their crypto page where you can search over 300 altcoins.

So, no matter what coin you want to exchange for Bitcoin you can probably find this coin in their list.

The way you do it is very straightforward.

On the first page, choose the current altcoin that you want to trade for bitcoin.

On the right side, enter your bitcoin wallet address.

This can be any wallet address you have like Coinbase, Binance, or any decentralized wallet like Metamask.

When you have executed the trade, your bitcoin will land in this wallet.

When you have done this go ahead and click Exchange.

This will take you to their confirmation page and then you need to wait for the blockchain transaction time.

Can I use Credit Card to buy Bitcoin?

Yes, you can absolutely use your credit card.

There are endless cryptocurrency brokers that offer this payment solution, you just need to find a good platform you can trust.

Use one of these platforms:

1. Changelly
2. Paxful
3. Binance
4. KuCoin
5. Coinbase
6. Okex
7. Cex.io
8. Coinmama
9. Bitpanda
10. CoinSwitch

The platform has over 400 cryptocurrencies so it’s optimal for cryptocurrency investing.

Let’s take a look at how to use the exchange.

On the first page, click Buy with Bank Card.

This will take you to the payment page which is powered by Simplex, a trusted payment processor in the crypto space.

On this page, you will be able to choose your fiat currency and ow many coins you want to invest in.

Also, you need to have your bitcoin address ready.

Post your Bitcoin address and click Continue.

Next up they ask you to choose a credit card for the fastest deal.

Select and press Continue.

The last step is just to fill in your bank card details.

You can also save the information for upcoming purchases if you want.

When all information is filled in, click Pay Now.

Congrats!

That’s how you can buy bitcoin with a credit card the easy way.

Where is the safest place to buy Bitcoin?

There are many safe exchanges out there with excellent security.

But when it comes to safety Coinbase is the safest place to buy bitcoin.

This is due to their regulation in the USA as a Money Transmission Service.

They are required to keep a certain amount of backup funds in store in case of a security breach to their platform.

Here is an out-take from the exchange.

Also, Coinbase is keeping their funds stored in offline wallets which means they are out of reach for any hackers who might want to try their luck.

Take a look at what Coinbase is saying about this.

Cash balances are also kept in US bank accounts for US citizens and customers outside of the US they are stored in custodial accounts.

There are not many exchanges that take these measures to ensure safety.

This is why I only recommend keeping your funds stored on Coinbase if you don’t have an external wallet.

Where do I find best bitcoin price?

The best and cheapest bitcoin prices are on Changelly.com.

This is an instant crypto exchange that is connected to all the top bitcoin exchanges.

They use a trading algorithm to scan other exchanges for the best crypto prices and therefore you will always be offered to buy bitcoin at the lowest price on the market.

It’s a great exchange with a very good reputation.

Instead of creating 10 different trading accounts you only need to use Changelly and you can pick the best prices and pay with a credit card, debit card, bank transfer, or apple pay if you like.

It’s a new technology and it’s very safe.

You are in control of all your funds in your own wallets.

Try it out and see what you think, Changelly.com.

General tips

I would say that every platform is going to charge you for every investment and for you to buy bitcoin cheaply, you need to have a decent platform.

One great tip I can give you is to not only focus on the fees for buying cryptocurrencies.

Double-check the security of the platform you are using.

If a platform is promoting very cheap bitcoin fees there might be something going on behind the scenes.

Many exchanges are trying to attract new investors by selling bitcoin very cheaply but that’s the only trick they have.

Behind that is usually very poor exchange safety and your funds might be at risk if you keep them in the broker’s wallet.

So that’s a good thing to think about, stay away from shady players and use the well-known reputable exchanges that have been used for many years.

Another thing to think about is where the exchange is located.

You might want to keep away from exchanges operating in a very far Asian country, Russia, or South America.

Normally if you haven’t heard the name of the exchange before you should be warned.

Unless you find the platform on a website link you need to take extra precautions.

Many foreign brokers might actually steal your bitcoin after you buy them very cheaply and I’m sure you will never see these coins again.

It’s a very shady play but that’s what’s going on out there.

My own experience

I’m only buying my coins on reputable exchanges like Coinbase, Binance, KuCoin, or Changelly.

This is because they have proved to the cryptocurrency community to be very safe investment platforms.

I don’t really care if any other platform is offering me to buy bitcoin for free.

If they are not on the list of good brokers I’m very hesitant to use them.

I’ve been scammed one time while investing in cryptocurrencies, luckily it was only a few hundred euros I lost but it could have been much more.

This incident has kept me from using low-quality platforms.

Since I started this website I always made a good background check on each platform I promote to make sure my readers are in good hands.

I only recommend platforms I’ve used myself.

Conclusion

The lowest fees are usually through a bank account but it usually takes a few days to receive the coins.

There is a how-to guide to each payment system on the exchange where you will see exactly how to do it.

At the top, I’ve listed some of the most trusted bitcoin exchanges with very low fees where you can buy bitcoin cheaply.

Take your time, read through the article to learn more about cheap cryptocurrency investments.

FAQs