4 Different Ways To Buy Bitcoin In 2022

Bitcoin (BTC) is a digital currency that has significantly grown in popularity. Now, you can pay for goods and services using BTC, and there are even certain jobs that will pay you in digital currency too. It is clear to see that it is taking over, and if you want a slice of the action, you will need to learn how to buy BTC. Luckily, there are several options, and this short guide will discuss four of them below. 

PayPal

PayPal is a financial technology company that operates an online payment system. As of 2021, the site was home to 392 million active users. It is clear that they are popular in their field, so it is no surprise that you can also use this service to buy BTC. You can purchase BTC using PayPal in one of two ways. The easiest way to purchase cryptocurrency is through your PayPal account, which is connected to your debit card or bank account. You can also buy BTC using your PayPal balance from a third-party provider. However, this is not recommended as few third-party sites allow the purchase of Bitcoin. 

Credit Card

If you want to buy BTC with your credit card, the good news is you can. Once you have chosen your online trading firm, you will need to enter your credit card details to authorise the transaction. It is often seen as a risky option as credit cards can fall at risk of fraud. To avoid this, you should always trade on a secure network and do your research on trading platforms before you put your trust in them. If you want to instantly buy BTC with credit card, then Paxful can help. Their website compiles a list of Bitcoin offers for you, so all you have to do is type your credit card details in and get trading. 

Bitcoin ATMs

If you want a quick and convenient way to buy BTC, then bitcoin ATMs are the way to go. They work similarly to a regular ATM. You insert your cash into the machine, and it will instantly let you buy Bitcoin. Your digital currency will then be transferred to an online wallet. Be aware that they are seen as an expensive way to purchase BTC. This is because there are charges associated with ATM purchases. You can learn how to find your nearest Bitcoin ATM by conducting a quick online search. 

Trading Apps

There are plenty of trading apps that will allow you to purchase and sell your digital currency. It is a great way to pick up BTC without any direct commission. To help you find the best trading apps that are worth your time, it helps to read some review sites. There are plenty of news outlets that have tried out these apps for you, so you do not have to waste your time. If you are new to buying digital currency, you should opt for a user-friendly trading app. Ideally, you want an app that will make the buying and selling process as simple as possible.