What is the cheapest way to buy bitcoin?

[bitgolden]

If you live in the USA and cant buy it on binance.

You mean binance was the only way for you to buy bitcoins for cheaper fees?

I assume you look for lesser exchange fees as practically no one could sell you bitcoins for below market rates.

I am sure if you are looking for cheapest way to buy bitcoin then you must focus only on real time P2P trading where do not need to pay any fee as you will be paying fiats to a real person. Also, there are possibilities to save on bitcoin prices as well if seller is too eager on getting fiats on hand.

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[so98nn]

I don’t think you can segregate the bitcoin from different exchangers to buy them at lower rates. More or less the rates are always equal on every exchanger.

After reading some comments above I guess you are looking for lower fees? May be you can try p2p purchase for that matter! The fees are very less for these escrows and you can have smooth transactions with negotiated prices.

There does not seem any other way to bug it cheaper.

[isaac_clarke22]

Bitcoin ATMs would surely do. It depends on where you're located though, so it is either few blocks away from you or you still might need to travel.
I read as well in Bitcoin Discussion thread that there are some ATMs that require government-issued IDs, so make sure you have it with you just in case.

Check this for location of Bitcoin ATMs around your area: https://coinatmradar.com/

[royalfestus]

You might be creating an account on Binance.com if you are living in the USA then you should make an account on binance.us it's for us residence only.

Or if it still doesn't work you can try to buy Bitcoin with the square cash app it's an easy way to buy bitcoins and they support debit and master cards except for VCCs.

Watch this video on "how to buy bitcoins with Cash app"

Residents of USA are not enjoying Binance at all. Asides the regular lock of the exchange, they cant buy most of the coins other purchase from non US residents. Response of Binance support is also very slow compare with other countries. You might likely have to get on other exchanges from Europe that have newer coins eg cointigers. Kraken and Coinbase are USA based exchange that can serve better.

[samcrypto]

If you live in the USA and cant buy it on binance.


(Binance totally locked up my account for some reason and wont get back with me, which is whatever because I didn't have any crypto on it anyways... and I guess they think I'm trying to do something against their rules as they wont let me create another account)

You should asked them why your account was locked and maybe you’re registering to the wrong site since there’s an exclusive Binance site for US only so you might want to double check this one again.

Binance P2P is the cheapest way to accumulate Bitcoin, it doesn’t collect fee but you might want to confirm the conversion rate first before buying. There’s so many restrictions with the US citizen read their terms and conditions as well.

[Mamun74]

You should ask why your account was lock.If you don’t have an account, you should create an account on Binance.com.I think Binance is the best way to buy coin for cheapest price.And gass fee ar low in binance.

[Alert31]

Is there no other crypto exchange that you can use to buy bitcoin except binance? Try to find other crypto exchange where you will be able to buy bitcoin using dollar or any other form of payment method. Also you can buy through a local exchange in your country or directly buy to a person with bitcoin, I think its much cheaper than buying on exchange.

[santiPOGI]

Buying Bitcoin in a cheap price value and I think its not possible due to the price for real was too expensive. But there are other exchange now that are not under in U.S, why don't you try to use Kucoin or create an account here, or Bithumb Global, Houbi and more that is open to U.S resident, just give it a try now dude.

[sheenshane]

No, I won't, I won't suggest buying Bitcoin on an ATM machine, they had terrible fees.  In exchange, if you're willing to hug the fees about $5-10 it might double when you are in a Bitcoin ATM machine which makes you frustrated.  

Ah, but you can't beat the convenience of a BTC ATM.  And by the way, not all of them charge the same fees.  I've found that the Coinflip machines are fairly reasonable compared to some of the others I've used--but obviously there are less expensive ways to buy bitcoin in the US.

It seems you're right and thank you for correcting me, the whole thing I know was they had the same fee whatever machine it is, and glad to know that Coinflip is a charged only 6.99% of fees which is almost the same on the exchange, IIRC, it's 7% something.

And here's what I have found.

Binance P2P is the cheapest way to accumulate Bitcoin, it doesn’t collect fee but you might want to confirm the conversion rate first before buying. There’s so many restrictions with the US citizen read their terms and conditions as well.

I tend to agree and recently I received an email from them, it's a zero fee and other cryptocurrencies for the cheaper price and there are 100+ payment methods upon purchasing Bitcoin.

Here's what I have received,

[hulla]

If you live in the USA and cant buy it on binance.


(Binance totally locked up my account for some reason and wont get back with me, which is whatever because I didn't have any crypto on it anyways... and I guess they think I'm trying to do something against their rules as they wont let me create another account)

Yes, Binance is one of the cheapest way to buy Bitcoin in the US and if Binance locked up your account for some reason it mainly because you sign up on Binance.com instead of Binance.us but if you canll have problem with that best alternative are cashapp, coinbase, kraken or coinmama.

All exchanges will certainly provide the best service and comfort for their customers. Various methods are used to attract customers and each exchange is different, such as giving discounts or giveaways, for example.

This is not the season some exchange provide the best service for their customers or use some various method to attract customers because more customer will join the crypto investment and this usually make every exchange site to experience huge traffic and some unresolved situation this day.


 

there are fake exchanges that provide promotions with big profits, in order to attract customers to be taken advantage of, or to be cheated later. Maybe you already know, which exchanges are official and not.

This is one of the strategy used by crypto currency scammer but there is a list of almost all reputable exchange site here.

However, there are also beginners here, who knows this can help them.

The idea of asking beginners (newbies) for help is unwholesome and I will advise not to do that.

Don't, stick to the promotion, all exchanges must have a license.

It not all good exchange that have license and the last time I checked license is only important for centralized exchange.