The cryptster.io service has been bought out by our company. But its work is fully continued. And you can still buy or sell bitcoin using our new BitQT app.
Services for buying and selling bitcoins (and other cryptocurrencies) can be roughly divided into several categories:
These are online platforms where users can trade bitcoins and other cryptocurrencies. Some of the most popular cryptocurrency exchanges include Binance, Coinbase, Kraken and Bitstamp.
- Large selection of cryptocurrencie
- Ability to trade using different orders (limit, market, etc.)
- Comparatively low commissions
- Requires some experience and market knowledge
- Risk of hacker attacks on the exchange
These platforms allow you to buy and sell bitcoins at a fixed price set by the broker itself. This can be convenient for beginners or those who don't want to mess around with trading orders.
- Simple and easy to use
- Suitable for beginners
- Prices may not be the most favourable
- High commissions
- P2P platforms
- P2P (peer-to-peer) platforms such as LocalBitcoins or Paxful allow you to buy and sell bitcoins directly between users.
- Ability to use a variety of payment methods
- Potential for low or zero commissions
- No verification required for some transactions
- Risk of fraud
- Prices can vary widely
- Financial institutions
- Some traditional financial institutions and banks are starting to offer bitcoin purchase and storage services.