Cheat sheet: how to buy bitcoin at best exchange rate? Prerequisite: What you need to have to buy bitcoin?
1. Find a proven resource, trial and error method, friend reviews, aggregators
2. Prepare documents (National ID, Passport or Driver’s License)
3. Determine how you want to pay, choose appropriate payment method
4. Get the crypto wallet and prepare the address of the cryptocurrency you want to buy
Notes on what to look for when choosing an exchange?
1. Exchange rate
2. Exchange commission from the service
3. Commissions of service partners, for example, for a payment card, may be hidden
Notes
1. The fastest way to buy bitcoin or other cryptocurrency is by using a credit card, it is not the cheapest way, but a proven and fastest for sure. For example, at
https://payments.changelly.com/ the commission is 5% of the broker + 5% of the card processing provider. Exactly the same service can be obtained at
https://wunderbit.co/en, where the commission is 1% + 5%, being a 4% cheaper.
2. The cheapest way to buy bitcoin that I found is by bank transfer. It is clear, because in this case there is no intermediary in the form of a payment service processor that allows to accept credit/debit cards or electronic money, only the broker's commission remains.
3. Buying bitcoin is still an investment for many, I heard a good idea and now I stick to it. Buy Bitcoin worth at least $50 or $100 every month and accumulate. Its macroeconomic model is built to make it more valuable over time.