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☰ How to Buy Bitcoin Buy Bitcoin with PayPal in 2021 How to Buy Bitcoin with Debit Card in 2021 Buy Bitcoin with Credit Card in 2021 Buy Ethereum Bitcoin Exchanges About Best Bitcoin Wallet 2021 Buy Dogecoinclose How to Buy Bitcoin in 2021 Adam Green PRO INVESTOR 10, February 2021 | Last Updated: 16, October 2021 Bitcoin has outdone itself, hitting $42,000 in January 2021, and $48,200 on February 11th, 2021 . By the time you are reading this, BTC might have an even higher all-time high. As such Bitcoin continues to attract investors, many of which are new and have just entered the crypto industry seeking their fortune. If you count yourself among them, and you need help finding the best way to buy cryptocurrency in 2021 — you have found the right place. We will explain everything about where to buy BTC, how to do it, as well as some additional info, such as what to look out for and what are the benefits of using Bitcoin. Where to Buy Bitcoin? Bitcoin can be purchased on a number of crypto exchanges, or through cryptocurrency brokerages. Crypto brokers might be a safer option, as they are regulated and licensed by the regulatory authorities. If they cannot provide a license that they are allowed to operate, they are most likely scams or shady in some other way, and are best to stay away” according to Adam Grunwerg, CEO of Crypto PR . Of course, while brokers are regulated, they are also more expensive, as you need to pay for their services, as well. We can recommend eToro — one of the best social trading and investing platforms in the world — as a great option for new and experienced crypto traders. Buying Bitcoin on eToro in 5 quick steps If you wish to buy BTC on eToro, there are only five short steps that you need to follow, and those are: Register on eToro Verify your account Make a deposit Find Bitcoin and enter the amount you wish to buy Buy BTC, and then keep it safe until you decide to do something with it Now, let’s see a more detailed explanation of these steps. How to Buy Bitcoin on eToro? Starting off on eToro is extremely simple and very quick. In fact, all you need to do in order to start trading is go through 5 very simple steps. We will guide you through them now, so you can do it yourself, along the way. 1) Register on eToro The first step will be to open an account on eToro. This is a very simple thing to do, and all it comes down to is filling up a few fields that request usual information, such as your username, email, and password. You can even sign up with Facebook or Google if you don’t feel like creating a separate account. 2) Verify Your Account The next step is account verification. In order to buy, sell, and trade on eToro, you need to have your account verified. This is not a complicated process, and it only requires you to enter some additional data, such as your first name, last name, address, social security number/passport number, and alike. But, after providing this and similar info, eToro will quickly review your information and confirm your identity. After that, you will be free to proceed to the next step, which is: 3) Make a Deposit With your account created and your identity verified, you are now ready to make a deposit. You can do so by clicking on the big blue button in the bottom-left corner of your Dashboard that says Deposit Funds.” After doing so, you will be taken to a new window that will allow you to link your card and select the amount of money that you wish to deposit. Just fill out the details, and you will be able to bring your money to the platform in no time. 4) Find Bitcoin We are now very close to actually buying BTC, and this next step will have you find it on the platform. This is as simple as it can get, and all you need to do is type in Bitcoin” in the search field on the top of your screen. After that, you can add it to your Watchlist in order to have it close at hand, or you can just search for it as described every time. 5) Buy Bitcoin Next to the coin’s name and price, you will see a big blue button that says Trade.” Click on it, and you will be presented with another new screen that will let you decide on how many coins you wish to buy, it will let you set a stop-loss or take-profit order, and it will even let you use leverage. Once you set everything up to your liking, simply click the ‘Open Trade’ button, and you will officially become the owner of whatever amount of BTC you opted to buy. At this point, you can keep your coins in your wallet within the exchange, which is not actually recommended. It would be safer to withdraw them to your private wallet, where you will be their sole manager. Alternatively, you can spend your BTC online, exchange it for some other cryptocurrency, or keep it briefly until its price grows, and then sell it at a higher price, to make profits from the difference. That’s about all there is to it, and now, let us present you with the benefits of using eToro, as well as some other platforms that you might want to consider if eToro is not an option for some reason. The Best Places to Buy Bitcoin in 2021 1) eToro As we have seen, using eToro is extremely simple, and there are only 5 steps between you and owning BTC, one of which is a simple use of a search function. It is heavily regulated, meaning that users will always be safe while using it. It has licenses of as many as three different regulators — CySEC, ASIC, and FCA. The platform has millions of investors, and it has been around for years — all of which further improves its legitimacy and credibility. It is also great in terms of fees, as it allows users to trade without commission. Instead, all it charges is a 0.5% fee when you make a deposit. You also don’t have to risk a lot of money if you are a beginner at trading, as eToro has a minimum amount of only $25. This is much lower than some other platforms, which often require you to enter a trade with $100, $200, or more. Apart from Bitcoin, it also offers access to 15 other coins, including Ethereum (ETH), Bitcoin Cash (BCH), XRP (XRP), Dash (DASH), Litecoin (LTC), Ethereum Classic (ETC), Cardano (ADA), IOTA (MIOTA), Stellar (XLM), EOS (EOS), NEO (NEO), TRON (TRX), Zcash (ZEC), Binance Coin (BNB), and Tezos (XTZ). Of course, eToro offers access to more than just cryptocurrencies. It also lists over 1,700 stocks, and over 150 ETFs, CFDs, and even crypto CFDs as of January of this year. eToro Pros: Offers a number of major cryptocurrencies Bitcoin purchases are commission-free Allows users to invest with small amounts (minimum $25) Supports various transaction methods, including e-wallets, cards, and bank transfers Fully regulated by three different regulators A lot of available assets aside from cryptos Millions of users User-friendly and perfect for newcomers to the crypto industry, as well eToro Cons: It has a deposit fee of 0.5% and a withdrawal fee of $5 Operates only in USD Visit eToro Now 2. Binance Next up, we have Binance. Binance is well-known for being the world’s largest crypto exchange by trading volume. The exchange has been active since 2017, and in the last several years, it created a massive ecosystem that offers: Two blockchains A centralized exchange A decentralized exchange Multiple fiat-to-crypto subsidiaries on different continents Its own native cryptocurrency Its own stablecoin Its own wallet A crypto debit card Binance Launchpad An upcoming Binance Pay service, and more. Binance’s focus is still mostly on providing trading services, and it is known for its massive crypto offering. However, you can also access other, more complex financial products, including Bitcoin options and futures. Binance also works as a brokerage service, it did a lot to increase security after a hack that took place in mid-2019. In terms of fees, it is very competitive, offering a very low 0.1% commission per trade. Users should note, however, that there are also 2% transaction fees. Binance Pros: The biggest and best-known crypto exchange Low trading...