Buy Bitcoins

Last Update March 6th, 2020. Finding a bitcoin exchange can be a daunting task if you don’t know where to start.

There are a plethora of bitcoin exchanges around the globe. Most exchanges are supported worldwide, while others are exclusive to a specific region of the globe. Some exchanges even have supported apps which you can download on iOS or Android to trade on the go.

Our recommendation is to understand all of your options and choose the best one for you in terms of: 

  • Fees
  • Payment Methods and Funding Mechanisms
  • Countries Supported
  • Cryptocurrencies Supported
  • Purchase Limits
  • Mobile Functionality
  • Customer Service

Due to KYC and AML laws every exchange requires ALL users to verify their identity before they can get starting with buying bitcoin.

The Complete List Of Bitcoin Exchanges

On this list we have included only high quality exchanges that have favorable reviews, trustworthy management and zero incidences of hacks.

What Is The Reputation Of The Exchange?

The best way to check the reputation of an exchange is to investigate the management, venture capital investors, and regulatory approvals. Be sure to consider where the exchange is physically located and how many years it has been in business.

What Are The KYC And AML Requirements?

Know Your Customer (KYC) and Anti Money Laundering (AML) regulations are designed to protect against illegal and/or fraudulent activity and are a requirement for cryptoasset exchanges in the United States. Always keep in mind the amount of personal information required to open an account and if there is multi-tier authentication.

Does The Exchange Provide Insurance?

Insurance is another security measure for the protection of your account and cryptoassets. For example, Coinbase is one of the first companies to offer insurance for its clients’ Bitcoin holdings.

What Payment Methods Does The Exchange Support?

Typical payment methods include:

Be sure to do your research before signing up for an exchange. Almost every exchange will ask for some type of verification before you can begin purchasing bitcoin and other cryptocurrencies.

Abra

Abra Exchange Logo - Buy bitcoin instantly, with credit or debit card.

Rating:

Website:abra.com
CEO:Bill Barhydt
Headquarters:Mountain View, California
Founders:Bill Barhydt, Gwyneth Paltrow
Founded:2014
Customer service:Knowledge Base

Abra is an all-in-one cryptocurrency wallet and exchange app available on both iOS and Android platforms.

Pros

  • Many payment methods
  • Diverse cryptocurrencies supported

Cons

  • Slow customer support
  • Mobile only

ReputationFeesPrivacyLimits
GoodLowHighHigh

Binance

Binance Logo

Rating:
Website:binance.com
CEO:Changpeng Zhao
Headquarters:Malta, European Union
Founders:Changpeng Zhao, Yi He
Founded:2017
Customer service:Knowledge Base

The Binance exchange is one of the best exchanges for experienced traders who are looking for a premier cryptocurrency marketplace to perform real-time trades. With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of options available to them within one powerful trading platform.

Pros

  • Trustworthy management
  • High volume exchange
  • Low fees
  • A large number of cryptocurrency pairs
  • Global support

Cons

  • Few payment options

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Bitcoin ATM

Coin ATM Radar Logo
Rating:

Website:coinatmradar.com
CEO:Matthew Hayes
Headquarters:Bulgaria
Founders:Matthew Hayes
Founded:2014
Customer service:Knowledge Base

Finding a Bitcoin ATM is a great way to buy bitcoin instantly if you have cash on hand. There is a Bitcoin ATM in every region of the world.

Check out the Bitcoin ATM map to see if there is one near you.

Pros

  • Easily accessible
  • Convenient
  • Fun to use
  • Physical kiosk with receipt and customer service

Cons

  • Distance to travel
  • Higher fees than most exchanges

ReputationFeesPrivacyLimits
GreatHighLowHigh

Bitex UAE

Bitex UAE Logo

Rating:

Website:bitexuae.com
CEO:Monark Modi
Headquarters:Dubai, United Arab Emirates
Founders:Monark Modi
Founded:2018
Customer service:Knowledge Base

Established in August 2018, Bitex UAE is a Dubai-based secure, professional trading platform that facilitates the buying and selling of digital currencies including Bitcoin, Ethereum, Litecoin, and Ripple.

Bitex UAE addresses a growing demand in the Middle East and North Africa for a secure cryptocurrency wallet and trading platform.

Pros

  • Easy sign-up process
  • Many cryptocurrencies supported
  • iOS and Android app support

Cons

  • Limited number of countries supported

ReputationFeesPrivacyLimits
GoodLowHighLow

Bitit

BitIt Logo

Rating:

Website:bitit.io
CEO:Nicolas Katan
Headquarters:Paris, France
Founders:Nicolas Katan, Ugo Mare, Simon Potier
Founded:2015
Customer service:Knowledge Base

In operation since 2015, Bitit is developed, hosted and regulated in Paris, France. BitIt is one of the most convenient platforms for buying and selling crypto-assets.

Pros

  • Supports many currencies
  • Large selection of cryptocurrencies
  • High purchasing limits
  • Ledger and Trezor wallet support

Cons

  • Lengthy verification

ReputationFeesPrivacyLimits
GreatHighHighHigh

BitOasis

BitOasis Logo

Rating:

Website:bitoasis.net
CEO:Ola Doudin
Headquarters:Dubai, United Arab Emirates
Founders:Ola Doudin, Daniel Robenek
Founded:2015
Customer service:Knowledge Base

BitOasis is a bitcoin consumer wallet and instant exchange focused on cash-based emerging markets in the Middle East & North Africa. BitOasis is the first platform to offer cryptocurrency buying, selling and trading services in the Middle East serving the entire Gulf region.

Pros

  • Low fees
  • Clean interface
  • Easily accessible

Cons

  • Limited number of supported countries

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

BitPanda

BitPanda Logo

Rating:

Website:bitpanda.com
CEO:Eric Demuth
Headquarters:Vienna, Austria
Founders:Christian Trummer, Eric Demuth, Paul Klanschek
Founded:2014
Customer service:Knowledge Base

BitPanda has been in operation since 2013 and is based in Vienna, Austria. The BitPanda platform is straightforward and easy to use for beginners.

Pros

  • Low fees
  • Multiple payment methods
  • Easy verification process
  • Dependable and trustworthy

Cons

  • Available to European countries only

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

BitQuick

BitQuick Logo

Rating:

Website:bitquick.co
CEO:Jad Mubaslat
Headquarters:Cincinnati, Ohio
Founders:Jad Mubaslat
Founded:2013
Customer service:Knowledge Base

BitQuick is an instant bitcoin marketplace that allows buyers to connect directly to sellers and make purchases via cash deposit or SEPA transfer. Buyers are guaranteed to receive their bitcoins within 3 hours of placing an order.

Pros

  • Get paid within 3 hours
  • 256 bit SSL encryption
  • Simple user interface

Cons

  • Lack of payment options

ReputationFeesPrivacyLimits
GoodLowHighHigh

Bitsquare

Bisq - BitSquare

Rating:

Website:bisq.network
CEO:Manfred Karrer
Headquarters:Barcelona, Catalonia, Spain
Founders:Manfred Karrer
Founded:2014
Customer service:Knowledge Base

Bitsquare is a peer to peer exchange that allows users to buy and sell bitcoins and exchange them for other altcoins and fiat currencies. If you value your security as a trader, then Bitsquare is the perfect bitcoin trading platform especially if you love remaining anonymous.

Pros

  • Respectable reputation
  • Supported globally
  • No registration required
  • Privacy
  • Perfect for advanced traders

Cons

  • Few payment methods
  • Not suitable for beginners

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Bitstamp

Bitstamp Logo

Rating:

Website:bitstamp.net
CEO:Nejc Kodrič
Headquarters:London, United Kingdom; Luxembourg
Founders:Nejc Kodrič, Damijan Merlak
Founded:2011
Customer service:Knowledge Base

Bitstamp is a bitcoin marketplace based in the European Union and has been around since 2011. Bitstamp offers clients 24/7 support and a multilanguage interface that can be used by everyone around the world.

Pros

  • Supported globally
  • High-level security
  • Affordable transaction fees
  • Reliable customer support

Cons

  • Few payment methods
  • High deposit fees

ReputationFeesPrivacyLimits
GreatLowHighHigh

Bittrex

Bittrex
Rating:

Website:bittrex.com
CEO:Bill Shihara
Headquarters:Seattle, Washington
Founders:Bill Shihara, Richie Lai, Rami Kawach
Founded:2013
Customer service:Knowledge Base

Founded in 2013, Bittrex is one of the largest cryptocurrency trading platforms in existence and serves customers all over the world.

Pros

  • A large number of cryptocurrency pairs
  • Strong security
  • Privacy

Cons

  • Customer support

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Cash App

Square Cash App Logo
Rating:

Website:cash.app
CEO:Jack Dorsey
Headquarters:San Francisco, California
Founders:Jack Dorsey, Jim McKelvey
Founded:2009
Customer service:Help Center
More information:Read Review

Cash App (formerly known as Square Cash) is a mobile payment service developed by Square, Inc. that allows users to transfer money to one another using a simple smartphone app.

Pros

  • Secure
  • Clean user interface
  • Accessible
  • iOS and Android support

Cons

  • Ability to withdraw bitcoin

ReputationFeesPrivacyLimits
GoodLowLowHigh

CEX IO

CEX IO Bitcoin Exchange Platform

Rating:

Website:cex.io
CEO:Oleksandr Lutskevych
Headquarters:London, United Kingdom
Founders:Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, Peter Ivanov
Founded:2013
Customer service:Knowledge Base
More information:Read Review

CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of users worldwide and allows users to buy bitcoin with a credit card seamlessly. CEX.IO boasts multiple payment options, 24/7 customer support, and proven platform stability. 

Pros

  • Established and trustworthy
  • Supported worldwide
  • Low fees (2.99%)
  • Simple credit card purchases
  • Clean user interface

Cons

  • Verification procedure requires private information
  • Lengthy verification time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Changelly

Changelly Exchange Logo

Rating:

Website:changelly.com
CEO:Eric Benz
Headquarters:Malta, European Union
Founders:Konstantin Gladych, Ilya Bere
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Changelly is an instant cryptocurrency exchange which supplies the best live rates on the market for every pair. The interface is colorful and simple to manage, and transactions are performed instantly.

Pros

  • Fast
  • Private
  • Low fees
  • High exchange limits
  • 24/7 live chat support

Cons

  • Limited payment methods

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Coinbase

Coinbase Company Official Logo

Rating:

Website:coinbase.com
CEO:Brian Armstrong
Headquarters:San Francisco, California
Founders:Brian Armstrong, Fred Ehrsam
Founded:2012
Customer service:Knowledge Base
More information:Read Review

Coinbase is one of the most well-known bitcoin exchanges in the marketplace. The user interface is both colorful and accessible and there is even a mobile app available for Android and iOS.

Pros

  • Established reputation
  • User-friendly interface
  • High liquidity
  • Large purchasing limits
  • Ability to buy bitcoin instantly with a debit card
  • Accessibility (iOS and Android versions are available as well)
  • Strong security

Cons

  • Support takes time to respond
  • Slow bank transfers
  • Coinbase may monitor how and where you spend your bitcoins

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Coinmama

Coinmama Logo

Rating

Website:coinmama.com
CEO:Asaph Schulman
Headquarters:Bratislava, Slovakia
Founders:Asaph Schulman, Nimrod Gruber, Martin Koelbaek, Guy Ben-Yossef, Yaki Oliel
Founded:2013
Customer service:Knowledge Base
More information:Read Review

Coinmama specializes in selling Bitcoin and Ethereum for Visa and MasterCard credit card and debit card purchases and is one of the most popular exchanges in the world.

Pros

  • Available worldwide
  • High purchasing limits
  • Dependable and trustworthy
  • Excellent leadership and customer support
  • Fast and secure transactions

Cons

  • High fees when purchasing with a credit card or debit card
  • Delay in processing time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Coins.ph

Rating:

Website:coins.ph
CEO:Ron Hose
Headquarters:Pasig, Philippines
Founders:Ron Hose, Runar Peturrson
Founded:2014
Customer service:Knowledge Base

Coins.ph is an all-in-one mobile wallet which delivers financial services over mobile to people who are currently unserved by traditional banks.

Pros

  • Multipurpose functionality
  • Simple verification
  • Business solutions

Cons

  • Limited in the countries it supports

ReputationFeesPrivacyLimits
GreatLowHighHigh

Etoro

eToro Logo

Rating:

Website:etoro.com
CEO:Yoni Assia
Headquarters:London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded:2007
Customer service:Knowledge Base

Established in 2017, Etoro is a real-time stock, commodity and cryptocurrency social trading platform. It is the best option for those who only want to profit from bitcoin’s price volatility and those who don’t need the bitcoin themselves, but the cash equivalent.

The Etoro app is available on both iOS and Android devices.

Pros

  • Diverse selection of markets
  • Excellent reputation
  • Easy to use
  • Great customer support
  • Low fees

Cons

  • Bitcoins can only be withdrawn in the form of fiat currency

Disclaimer: Transacting in virtual currencies is subject to various risks, such as price volatility, and is therefore not suitable for everyone. Your capital is at risk.


ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Gemini

Gemini Exchange

Rating:

Website:gemini.com
CEO:Cameron Winklevoss, Tyler Winklevoss
Headquarters:New York, New York
Founders:Cameron Winklevoss, Tyler Winklevoss
Founded:2014
Customer service:Knowledge Base

Owned by the Winklevoss Twins, Gemini boasts very low fees and a strong reputation. The dashboard makes it easy for investors to view a snapshot of their holdings upon login. With Gemini, you have the computing power of Forex trading software with a simple, easy to use interface.

Pros

  • Ability to set real-time market limit orders
  • Low fees
  • Clean user interface
  • Strong reputation
  • Great customer support

Cons

  • Exclusive to a limited number of countries

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Huobi

Huobi Global Logo
Rating:

Website:huobi.com
CEO:Leon Li
Headquarters:Singapore
Founders:Leon Li, Jun Du
Founded:2013
Customer service:Knowledge Base

Founded in 2013, Huobi is a global blockchain asset financial services provider with offices in Hong Kong, Korea, Japan, and the United States.

Huobi has iOS and Android app support.

Pros

  • Many cryptocurrencies and payment methods supported
  • High liquidity
  • Trustworthy management
  • Good customer support

Cons

  • Long verification process

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Kraken

Kraken bitcoin exchange

Rating:

Website:kraken.com
CEO:Jesse Powell
Headquarters:San Francisco, California
Founders:Jesse Powell
Founded:2011
Customer service:Knowledge Base

Founded in 2011, Kraken is the largest Bitcoin exchange regarding total volume and liquidity.

Kraken Pro provides individual investors with real-time trading and charting tools.

Pros

  • Respectable reputation
  • Global support
  • Reliable customer support
  • Tiered verification
  • Affordable fees

Cons

  • Few payment methods
  • Sophisticated UI

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

LocalBitcoins

LocalBitcoins Exchange Logo

Rating:

Website:localbitcoins.com
CEO:Sebastian Sonntag
Headquarters:Helsinki, Finland
Founders:Nicholas Kangas, Jeremias Kangas
Founded:2012
Customer service:Knowledge Base
More information:Read Review

LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.

Pros

  • Available in every country of the world
  • Extremely diverse selection of buyers and sellers
  • Supports many payment methods
  • Buyers get their bitcoins fast
  • Private
  • Simple to use

Cons

  • Lack of cryptocurrency diversity
  • Both sellers and buyers have a chance of being scammed.

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Luno

Luno Logo
Rating:

Website:luno.com
CEO:Marcus Swanepoel
Headquarters:London, United Kingdom
Founders:Carel van Wyk, Marcus Swanepoel, Pieter Heyns, Timothy Stranex
Founded:2013
Customer service:Knowledge Base

In operation since 2013, the Luno platform enables users who reside in Europe the ability to buy bitcoin using bank transfer, debit card or credit card after depositing funds.

Pros

  • Trusted throughout Europe
  • Strict security
  • Free deposits

Cons

  • Withdrawal fees

ReputationFeesPrivacyLimits
GreatLowHighHigh

Paxful

Paxful Logo

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Poloniex

Poloniex Logo

Rating:

Website:poloniex.com
CEO:Tristan D’Agosta
Headquarters:Wilmington, Delaware
Founders:Tristan D’Agosta, Dominick Petrovski
Founded:2014
Customer service:Knowledge Base

Poloniex is ideal for those seeking a cryptocurrency trading platform with a large array of technical analysis tools.

Pros

  • Hundreds of trading pairs
  • Multifunctional user interface
  • Wealth of trading and analysis tools

Cons

  • Can be complicated for beginners

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Robinhood

Robinhood Logo

Rating:

Website:robinhood.com
CEO:Baiju Bhatt
Headquarters:Menlo Park, California
Founders:Baiju Bhatt, Vladimir Tenev
Founded:2013
Customer service:Knowledge Base

In operation since 2013, Robinhood is a commission-free stock brokerage and has expanded recently into cryptocurrencies.

Pros

  • Commission-free trades
  • Ability to build a portfolio
  • iOS and Android app support

Cons

  • Bitcoins can only be withdrawn in the form of fiat currency

ReputationFeesPrivacyLimits
GoodLowHighHigh

Shapeshift

Shapeshift logo

Rating:

Website:shapeshift.io
CEO:Erik Voorhees
Headquarters:Denver, Colorado
Founders:Erik Voorhees, Roger Ver, Barry Silbert, Veronica McGregor
Founded:2013
Customer service:Knowledge Base

Shapeshift provides simple cryptocurrency conversion for a small transaction fee.

Pros

  • Cryptocurrency exchange between over 40 cryptocurrencies
  • Global support
  • Privacy
  • Speed

Cons

  • A fee for every cryptocurrency conversion

ReputationFeesPrivacyLimits
GreatLowHighHigh

Wall Of Coins

Wall Of Coins Logo

Rating:

Website:wallofcoins.com
CEO:Genitrust, Inc.
Headquarters:Sarasota, Florida
Founders:Genitrust, Inc.
Founded:2010
Customer service:Knowledge Base

Wall Of Coins simplifies the buying and selling process of bitcoin by directly connecting merchants that are nearby one another.

Pros

  • Transparency
  • Rapid cold storage
  • Low minimum purchase requirement

Cons

  • ID Verification not necessary

ReputationFeesPrivacyLImits
GoodHighHighHigh

Wirex

Wirex App Logo
Rating:

Website:wirexapp.com
CEO:Pavel Matveev
Headquarters:London, United Kingdom
Founders:Dmitry Lazarichev, Pavel Matveev
Founded:2014
Customer service:Knowledge Base

Wirex is a debit card that automatically converts multiple crypto and fiat currencies at the point of sale, letting you seamlessly spend money from your Wirex account in real life, anytime, anywhere.

Once you add money to your Wirex account you can exchange between any of the currencies in-app or online, instantly.

Pros

  • Multiple funding methods
  • Ability to purchase bitcoin at market rate
  • Wallet and exchange

Cons

  • The initial lag time
  • Not supported in all countries

ReputationFeesPrivacyLimits
GreatLowHighHigh

XCOINS

XCOINS Logo

Rating:

Website:xcoins.io
CEO:Sergey Nikitin
Headquarters:Santa Monica, California
Founders:Sergey Nikitin
Founded:2016
Customer service:Knowledge Base

XCOINS is a peer to peer lending platform on which buyers can buy bitcoins from sellers.

Pros

  • It entails a simple process
  • A fast way to acquire bitcoins

Cons

  • High fees are incurred
  • There is a low transaction limit for new users

ReputationFeesPrivacyLimits
GoodHighHighHIgh

Bottomline

There are many Bitcoin exchanges out there and many more new ones being built. If we missed an exchange or if you see any errors on this list please feel free to reach out to us and let us know.