Buy Cryptocurrency in Europe at a Good Rate

buy crypto in europe

How and Where to Safely Buy Cryptocurrency?

There is often debate among internet users about whether it is possible to buy, sell, or exchange cryptocurrency in a particular country. Buying cryptocurrencies in any country is an abstract concept in itself since cryptocurrency is a digital commodity and has no territorial ownership. Can the actual process of submitting an application be performed? Is this considered a financial transaction? Definitely, yes!

First and foremost, cryptocurrency is a digital commodity, and payment for this asset is made in fiat currency. It should be understood that cryptocurrency is not yet a means of payment. At the moment, it is still a commodity paid for with payment instruments—in simpler terms, regular money. When people eventually come to the conclusion that anything not prohibited is permitted, in the actual necessity of use, they ask themselves – where to buy cryptocurrency?

There are many ways to buy cryptocurrency, but there are also many ways to do it wrong and lose most of your funds, and sometimes all of your savings. There is a lot of information on the Internet about the profitable purchase of cryptocurrency in online exchangers, crypto-exchanges, cryptomats or terminals, and even for cash in person. Let’s take a closer look at each of them.

Crypto exchangers

How to buy crypto safely? Many people have encountered unscrupulous participants of the crypto industry. One of the easiest ways to buy cryptocurrency is to buy cryptocurrency through an exchange. As a rule, the most popular digital coins with a high capitalization are available for purchase on such resources. The current list of exchange directions is always available on P2P platforms. Basically, most exchangers are based on P2P platforms. Any cryptocurrency that can be bought at affordable rates, paying only the service fee, is available on exchanges. On an exchange, there is always an opportunity to purchase the most popular cryptocurrencies that are part of the global TOP20. Currently, this list includes cryptocurrencies such as:

  • Bitcoin (BTC);
  • Ethereum (ETH);
  • Tether (USDT);
  • Ripple (XRP);
  • Bitcoin Cash (BCH);
  • Binance Coin (BNB).

The cryptocurrency USDT is very popular, and you can exchange it on the buycoin.online exchange. On our site, you can always check the current USDT price and buy USDT at favorable rates. We offer a convenient and reliable USDT exchange, making transactions with this currency (USDT currency) quick and secure. You can also easily sell USDT under the best conditions.

The fastest way to buy cryptocurrency is through an online exchange. These services require the minimum amount of user information, and the level of transaction security is not inferior to the requirements of most exchanges in most cases. It should be remembered that if the exchange does not require any identification of its users, the likelihood of getting into trouble and losing funds increases several dozen times. If we are talking about P2P platforms, user verification on them is mandatory even for small transactions. The purchase process is straightforward – user registration is performed, then necessary document and identity verifications, an application is created, requisites are specified, payment is made, and the cryptocurrency is credited to the specified wallet.

You can pay for digital coins in many different ways:

  • Bank cards Visa, MacterCard;
  • Payment systems AdvCash.

At the same time, you can pay for coins in different ways. For example, using bank cards, payment systems such as PayPal and others, by phone number, cash and other methods.

Crypto Exchanges

On cryptocurrency exchanges, people are generally concerned not about how to buy cryptocurrency but about which cryptocurrency is more profitable to buy. Crypto traders make up the majority of users on these platforms. These are individuals who earn on the difference in rates of various volatile crypto assets. Verification on a cryptocurrency exchange is mandatory. Until all the necessary verifications and user identifications required to complete the transaction are carried out, the user will not be allowed to trade. All cryptocurrency exchanges only deal with fiat money.

Cryptomats and terminals

The usual method of payment for most services. Buying cryptocurrency at a terminal is as simple as topping up a mobile phone account. However, this purchase method has more cons than pros. The cryptocurrency rate and the cost of commissions are significantly higher than those of web services for selling or buying cryptocurrency. In addition, if the terminal fails during the transaction, the refund process often becomes impossible, and if proving anything is envisaged, it will take a very long time.

Summing up the above, purchasing cryptocurrency on exchanges today is a combination of speed and security when acquiring a digital asset. The choice of which cryptocurrency to buy for investment or for other purposes is determined individually based on goals and needs. It is also important to note that the phenomenon of “anonymity” even in the world of cryptocurrencies has ceased to exist. If you are offered to make a deal anonymously, be prepared to lose everything. If a service cares about the KYC policy, then its reputation deserves trust. It is also important to understand that any service does not operate on a free basis, so the presence of a commission is absolutely normal, and if you are offered to quickly buy cryptocurrency at a favorable rate, it should already raise concerns. It is better to overpay than to risk losing everything in an attempt to save.