Best Bitcoin Exchange 2023 [See Winner!]

Introduction:

Bitcoin Exchange In this article, we will specifically discuss the platforms where it is easiest and safest for you to invest in Bitcoin. The search is therefore the best Bitcoin exchange! But what was Bitcoin itself? Let’s recap quickly: In short, Bitcoin is the world’s most popular and valuable cryptocurrency, which was introduced to the market already in 2009. It is therefore one of the first successful cryptocurrencies. What has made Bitcoin a particularly popular cryptocurrency is its ability to act as a means of payment.

How Does Bitcoin Work? A Deep Dive into its Technology

What Is a Blockchain Consensus Algorithm?

How Education Technology In The Classroom Can Impact Student

We have looked at all the parameters of interest to decide which is the best Bitcoin Exchange. We’ve looked at everything from prices to wallets. See what you should sign up for today.

Best Bitcoin Exchange July 2023:

Bitstamp – A great cryptocurrency platform where you can buy directly from your desktop or mobile device
OKX – An easy-to-use and regulated cryptocurrency trading platform where you can buy and speculate on the price of cryptocurrencies.
Libertex – Good CFD trading platform for buying cryptocurrencies, specializing in speculation.
Crypto.com – One of the largest crypto exchanges on the market, through which when you buy cryptocurrency you own the cryptos in question

The best place to buy cryptocurrencies in 2023:

The valuation and use of cryptocurrencies have risen wildly in the last two years. This has of course been influenced by Elon Musk’s tweets, but even more so by the fact that e.g. Bitcoin is rapidly breaking into the field of functional currencies. Buy cryptocurrencies in Finland the easiest, fastest, and especially the cheapest from easy-to-use and secure online trading platforms. Below you will find a list of the best trading platforms where you can buy cryptocurrencies in Finland. The services in question have been selected for the list due to their ease of use, payment solutions, and general safety. Buy cryptocurrencies especially easily here either with a bank card or direct bank transfer.

Bitstamp – A great cryptocurrency platform where you can buy directly from your desktop or mobile device
OKX – An easy-to-use and regulated cryptocurrency trading platform where you can buy and speculate on the price of cryptocurrencies.
Libertex – Good CFD trading platform for buying cryptocurrencies, specializing in speculation.
Crypto.com – One of the largest crypto exchanges on the market, through which when you buy cryptocurrency you own the cryptos in question

Cryptocurrency is a digital currency, which further strengthens the fact that it is worth investing in them through online services instead of a bank. The aforementioned platforms have more influence and know-how, as well as better capabilities to guarantee the safety of your funds when it comes to cryptocurrencies and their trading.

CFD trading:

CFD trading already requires a bit of know-how, so platforms that specialize in it, such as Libertex, are not necessarily the best options if you are just starting in crypto investing. For example, OKX is suitable for all kinds of investors, from beginners to experienced traders.

Of course, the trading platforms also have their mobile applications, where your crypto wallet goes with you every day. The above-mentioned platforms invest in the security of your cryptos and your data at a completely different level than banks, because they recognize that cryptos attract a lot of hackers. For example, OKX confirms all money transfers with SSL technology. And once you have acquired Bitcoin, you can transfer them to a safe wallet, of which DREP Wallet is one of the most interesting names at the moment.

Buy Bitcoin in four quick steps:

In the past couple of years, cryptocurrencies have established their place on the money market, and even those who still doubted their potential to spread to general use in 2019 have had to swallow their pride. Cryptocurrencies are here to stay and their uses are expanding rapidly. Bitcoin is the market’s first successfully launched cryptocurrency, and deservedly so also the most valuable. It already competes with gold for first place as investors’ favorite destination when it comes to investments that retain their value well. Is the thought “Buy Bitcoin” already creeping into your mind?

Now is a good time to get involved in new markets, before the rates of cryptocurrencies rise exponentially. Buy Bitcoin only from reliable and secure online trading platforms. Important things to consider in platforms are ease of use, and especially their security. With this quick and easy beginner’s guide, you’ll be involved in the world of cryptocurrencies in less than a minute. Buy Bitcoin like this:

Step 1 – Register for the service

To invest in cryptocurrencies, you need to create an account on a reliable platform that sells cryptocurrencies. OKX.com is a regulated crypto exchange, on the top right corner of the site you will find the ‘Sign up’ button. This will open a form where you fill in either your email address or your phone number, and you come up with a strong password. After you have filled in all the information requested by the service, you must finally identify yourself.

This is standard practice for all regulated brokers. OKX is a regulated cryptocurrency exchange, which makes it a particularly safe platform to buy cryptocurrencies. You can quickly complete this step by uploading a copy of your passport or driver’s license. After this, the cryptocurrencies are almost in your wallet.

Step 2 – Deposit money into the account

Once the Bitcoin account is open and verified, you can transfer money to your investment account, which you can then use to buy crypto. You can transfer money from a bank card, as a direct bank transfer, or even from your crypto wallet if you already have cryptocurrency in your possession.

Please note that in OKX you can also directly buy cryptocurrency with a bank or credit card, so depositing investment capital is not mandatory. However, if you choose to do so, transfers are completely free of charge.

Step 3 – Buy Bitcoin

When your account is open, you can go directly to the search menu and enter the name of the cryptocurrency you want in the search field. Here we use Bitcoin as an example, which we typed into the search field and clicked to open its investment page. When you are on the cryptocurrency investment page, you will see a trading form at the bottom of the page where you can open a trade, that is, buy the crypto in question. All you have to do is enter the amount (USD) you want to buy Bitcoin on the form.

Finally, you click ‘Open’, and choose either the investment capital you previously deposited or you pay for the purchase directly by card or bank transfer. Once the transaction has gone through, the cryptos you bought will soon appear in your investment account.

Remember to invest responsibly:

In all investments, the final responsibility for your money is always with you. Even if you invest through a reliable trading website, or use a crypto robot rated as good for active trading, the responsibility for the investment decision is always yours alone. Especially when investing in cryptocurrencies, it is therefore particularly important that you get to know each cryptocurrency and its purpose properly and map out its pros and cons before starting to invest. Remember that common sense can get you very far even in investing.

Also, keep in mind that investing in cryptocurrencies, especially through crypto robots, can be compared to betting: you put your money in the app and see how it goes. In the best case, you can make a lot of profit, but with bad luck, you can also lose too much. It is therefore important that you know the limits of your investment budget and stay within them. If your instinct warns you, you should listen to it and try another way of investing instead.

Best Bitcoin Exchange – What to Consider?

When you are looking for a reliable and easy-to-use Bitcoin Exchange, the internet is full of options. This alone can be seen in Bitcoin’s popularity among investors. But you should be careful because a large part of the Bitcoin exchange offer on the internet does not have the purest flour in the bag.

One thing to consider with cryptocurrencies is their volatility. Regardless of the trading platform you use, cryptocurrency prices can fluctuate completely unpredictably, which of course affects your investments. On the other hand, this is exactly one of the reasons why investing in cryptocurrencies attracts so many people: you can make big profits in the short term, but lose a lot in the long term. Read more about buying Bitcoin.

With this in mind, when deciding on a Bitcoin exchange, at least consider the costs of the trading platform, the existence of customer service, and the ease of trading in general. Here are the main points about the most important features of trading platforms for investors:

Customer service:

Cryptocurrencies are new technology and as currencies, they are very different from our familiar base currencies. Because of this, investing in them can sometimes lead to surprises, and even if they are positive, unusual words can cause headaches, especially if they are in a different language.

It is good to check the existence of customer service and the range of languages as the first thing when comparing which Bitcoin exchange would be the best option for you. It may come as a surprise that even many international trading platforms now have websites in Finnish, as well as customer service, so don’t get stuck with only Finnish service providers because of the language barrier.

Ease of trading:

When the investment target itself is a somewhat foreign and special case, the ease of trading rises to a whole new value. Complicated account opening procedures and tricks when investing quickly drive the investor away from the trading platform. We want to save you from these hassles right from the start.

The best Bitcoin exchange is one where trading is logical, easy, and fast. The platform must be easy to read, and function flawlessly, and all the information you need when investing must be readily available. When it comes to the ease of the trading platform, you should pay particular attention to how fast and easy it is to register on the platform, how easy and cheap it is to transfer money there, and how the purchase and sale of the investment items themselves take place. As a general guideline, all these steps should be very quick and easy to deliver.

A good selection of payment methods:

As I’m sure we all know, your bank account may not always have the amount of money you’d like to start investing. Therefore, trading platforms that only offer account transfers for depositing funds should be forgotten immediately.

Instead, make sure that the Bitcoin Exchange you choose offers you a wide range of different payment methods. The basic list of good payment methods available are bank and credit cards (especially Visa and Mastercard), PayPal, and bank transfers. The selection of payment instruments also matters when you want to withdraw funds. Some services charge transfer fees for card transfers, and withdrawals directly to a bank account can also cost. So check these costs as well before you start investing.

Safety:

Perhaps the most important feature to look for in a trading platform when considering investing in cryptocurrencies is security. Even though the blockchain technology on which cryptocurrencies are based is the most secure platform in the online world, even they have been hacked several times.

Cryptocurrency exchanges are therefore required to have an even firmer grip when it comes to the safety of customers’ funds and investments. Of course, the trading platform cannot do anything if a cryptocurrency is hacked on its network, and is not responsible for the loss of investments in that case. But like blockchains, cryptocurrency exchanges are also attractive targets for hackers. Despite this, many trading platforms are still completely safe

Bitstamp – The best Bitcoin exchange:

Bitstamp is a cryptocurrency platform that started back in 2011. Over the years, it has earned the trust of users by offering them more than 75 cryptocurrencies and an easy-to-use platform that suits both beginners and experienced investors.

A big plus for Bitstamp is the affordable fee structure, which is one of the most competitive on the market. Even investors who use low amounts can therefore start buying and selling cryptos without worrying about dizzying costs.

PancakeSwap:

PancakeSwap is a Binance Smart Chain-based DEX (Decentralized Exchange) and AMM (Automated Market Maker), which enables anyone to exchange BEP-20-based tokens efficiently and safely. The platform is easily comparable to Uniswap in that it offers a similar trading platform combined with easy-to-use liquidity pools.

Pluses:

PancakeSwap quickly became one of the most popular and used decentralized exchanges in the crypto market.
Its biggest advantages are the ease of use and versatility of its platform.
PancakeSwap has enabled the rapid growth of the DeFi market over the past couple of years.
In addition to the major cryptocurrencies, PancakeSwap offers all the lesser-known cryptos with huge growth potential, such as Lucky Block.

Cons:

Using PancakeSwap requires the purchase of CAKE currency, which is a very volatile cryptocurrency.
Investing in cryptocurrencies is always a high-risk investment.

OKX:

OKX specializes only in cryptocurrencies and other digital assets such as NFTs. It is a regulated trading platform that is one of the most extensive crypto-ecosystems in the market. Investing in cryptocurrencies through OKX is easy, whether you are investing for the long term, starting active trading, or looking for a passive income source.

OKX’s selection includes more than 300 different cryptocurrencies and crypto-assets. Of course, this selection includes the biggest and most valuable cryptocurrencies, but also brand-new cryptocurrencies that have just been successfully launched. Start investing in cryptocurrency easily even today.

Pluses:

A popular and regulated trading platform
Offers over 300 different virtual assets
Offers a good selection of clear investment guides
Suitable for both beginners and experienced traders

Cons:

Specializes in cryptocurrencies, which is why it is not suitable for other types of investment
The design of the service may initially be too unclear and confusing for beginners

Libertex:

The Libertex platform is a simple but effective investment service. It works both in browsers and on iOS and Android devices and includes a large number of tools for trading. In addition, the platform has a huge selection of over 250 different assets that can be traded – including cryptocurrencies, currency pairs, indices, stocks, and commodities. Libertex is also a trading platform offering investment services specializing in CFD trading, which has a long experience in online fund investing.