Lowest bitcoin buy

If you are searching for some cheap ways to buy bitcoin, you are in the right place. I will show you the free ways to get bitcoin and some of the cheapest places to buy or sell Bitcoin.

Naturally, acquiring Bitcoin has some associated costs. Although some of the cheapest ways to buy Bitcoin may be in faucets, the safest way to acquire BTC is at crypto exchanges, in which people can buy them with their credit cards, debit cards, PayPal, and other payment methods. Each cryptocurrency exchange charges a specific fee for completing a transaction.

You can also trade bitcoin online, you can go long or go short the bitcoin price, and not actually own bitcoin. Bitcoin's price is volatile, so it is a good instrument for short-term traders and speculators. （>>> Strategies for Trading Volatility With CFDs）

You can use Mitrade app to find cryptocurrency prices and trade or continue reading.▼

1  Free ways to get Bitcoin

There are several ways to get Bitcoin for free. For example:

● Online shopping often leads to rewards in the form of free BTC, with services like Lolli and Pei.

● Opening a crypto interest account (storing crypto assets in a BlockFi Interest Account, or BIA) also leads to free Bitcoin.

● Crypto mining will also help you produce free BTC.

● Completing surveys will usually provide you a payment in the form of BTC. The Time Bucks platform is a good example.

● Becoming an Affiliate Marketer will let you earn Bitcoins for free.

2 Some Cheapest places to buy Bitcoin

There is a long list of websites to buy bitcoin online, with or without fees. Some of them will be detailed later in this article, and they include crypto exchanges such as Coinbase, Kraken, and Binance; as well as other trading platforms such as Cointiply, Mitrade 

Crypto exchanges:  Crypto exchanges allow you to buy or sell real physical crypto, such as Binance tend to offer faster transaction speeds with lower transaction fees.

Crypto trading platforms: Most trading platforms allow you to invest in crypto in other ways, such as bitcoin derivatives, CFD, futures, options. You only trade based on the price changes, not owning the real assets.

This way is totally different from the way to buy bitcoin in exchange. You don’t buy real bitcoin assets but trade the bitcoin derivatives.

Basically, CFD is a financial instrument that means Contract For Differenceand refers to trading a derivative product of the underlying asset. 

CFD provides the opportunity to profit by going long or short.

You think bitcoin price may rise ↗, so you buy bitcoin (BTC/USD). If the market price meets your expectation, you may profit from the price rising. This process is called ‘going long’.

You think bitcoin price may fall ↘, so you sell bitcoin (BTC/USD). If the market price meets your expectation, you may profit from the price falling. This process is called ‘going short’.

It should be noted that CFD is leveraged product, and you only need a small margin to obtain a larger market position.

Below I will introduce how the different leverage will affect your potential profit and maximum loss when investing in a product of $20,

Note that although CFD is convenient, it is possible you will lose all of your money if leverage is not performed properly. Therefore, investors should carefully manage risks, such as choosing licensed brokers, using stop-loss and take-profit, negative balance protection, and other risk management tools.

Mitrade- Australia's Popular Bitcoin CFD Broker

Why Choose Mitrade  Platform?

►Hour global market trade,  Go long or go short

Mitrade provides almost global popular instruments, including forex, commodities, indices, and cryptocurrencies. CFD is a T+0 margin trading product, you can go long or go short. No matter the market moves, you have the opportunities for risky returns from markets fluctuating.

►  Low threshold conditions, Competitive Trading costs

With zero commissions, they offer competitive spreads, up to times leverage, as well as fast and reliable order execution. If you buy lot of gold, you will deposit about 18 dollars according to the current price.

►Simplified trading platform,  Superior trading experience

Mitrade provides 5*24 hours online live support, supporting users to trade on the web and mobile APP. Mitrade platform interface is simple and intuitive. You don't need to download any software, just log in the Mitrade platform and trade.

►ASIC regulation, Trade with Ease and Safe

Mitrade is an ASIC regulated broker. They provide reasonable leverage based on different trading instruments(Gold , Bitcoin , most forex ). Also, Mitrade provides you protection against negative balances, allowing you to control the trading risk and trade with peace of mind.

Don’t have a demo account yet?

Mitrade provides $ risk-free virtual funds to help you experience the real trading environment at zero cost. *The experience time is 90 days.

Register Now Or Try Free Demo

Coinbase is maybe the world's most famous cryptocurrency exchange; at least in Western civilization. It has a "Pro" version with exciting features and tools for more advanced traders, like charts, graphs, and other options.

The platform supports several forms of payment: wire transfer, credit cards, debit cards, and even PayPal are available, albeit the latter is only active for withdrawals.

Pros:

There are lots of fiat deposit and withdrawal options

Insured BTC deposit

Several online and mobile wallet-associated services

Excellent security features and 2FA

Easy to use

Cons:

Not entirely anonymous

Support and help is not among the fastest

Deposits and withdrawals can be delayed for up to 72 hours

It doesn't support many crypto assets

LocalBitcoins offers several payment methods to buy and sell using Bitcoin. The available ones will depend on your location, but you can generally use debit, credit cards, and PayPal. The latter is not recommended in the platform, though.

Pros:

It is a platform that promotes privacy at the moment of buying Bitcoins

It has several payment methods

It doesn't impose limits when it comes to buying and selling

If users buy via cash deposits, the Bitcoins will be available within an hour

In-person cash transactions are very quick

Cons:

Buying with cash may come with high fees

Large amounts may require ID verification

Whether or not the delivery is fast depends entirely on the seller confirming the payment

Gemini is a famous Bitcoin exchange administrated by the Winklevoss twins. However, it does not accept common payment methods such as debit cards, credit cards, cash, or checks. To buy Bitcoin online in Gemini, the person needs to link its bank account and initiate an ACH deposit or wire transfer.

Pros:

Good reputation

Licensed in 42 US states and numerous countries around the world

Instant Deposit for ACH Transfers

It offers dollar-to-crypto and crypto-to-crypto trading

Cons:

The interface is not that user-friendly

It severely lacks in payment methods

Not very good for privacy

Kraken is a big American crypto exchange that operates globally and is founded in It is currently considered the world's largest bitcoin exchange in euro volume and liquidity. Payment methods include bank transfer and SEPA credit transfer, both for deposits and payouts.

Pros:

It comes with an integrated wallet

It offers business accounts in addition to regular ones

It has two-factor authentication

Cold storage

Multisig wallets

Cons:

It has experienced more than a few technical issues and downtimes in the past

The user interface looks outdated

Bitstamp is a prominent Bitcoin exchange that has been up and running since It is licensed with the Ministry of Finance in Luxembourg. While other options are better for acquiring smaller amounts, Bitstamp may be the best platform to buy large amounts of Bitcoins.

Payment methods for deposits and withdrawals include SEPA bank transfers, credit, and debit cards. To buy supported crypto assets, people can also use credit cards.

Pros:

Customer support is very good

Trades are quick

Plenty of resources for analysis

Licensed and transparent

Easy to use

Cons:

The process for the registry is long and somewhat confusing

It has confusing fees

CEX is a multi-asset platform that has a crypto trading service and brokerage resources, as well. Payment methods include debit and credit cards after a verification process has been completed.

Pros:

It reaches the vast majority of the countries in the world

Deposits are available by bank transfer with US dollars (USD), British Pounds (GBP) and Euros (EUR) for free

It is safe

Cons:

A little too complex for beginners

With very low fees, lots of coins, and multiple languages available, Binance is one of the few truly worldwide cryptocurrency exchanges and one of the best and cheapest ways to buy Bitcoin online. Binance has the most trading volume of all exchanges.

Binance has several payment methods available, including bank transfers, credit cards, or debit cards.

Pros:

Very low fees

Over 80 altcoins accepted and tradeable

Excellent mobile apps

Anonymous accounts with high limits (2 BTC/day)

Cons:

Margin trading only available in the United States

The platform can be buggy

Little support for fiat currencies

It is a Bitcoin faucet, which means that there will be no commissions associated with any service and that the person will get Bitcoin for free. It has several ways of offering BTC: for example, you can obtain some by completing surveys.

The page lets its subscribers have a chance, every hour, to win Cointiply Coins, which will later be exchanged for fractions of BTC. The page functions by promoting people to interact and stay in it, and the traffic will get them enough revenue that they can later redistribute it among its users.

• Cheap way to buy bitcoin in the UK

Bitcoin faucets like Cointiply and exchanges such as Binance may be the cheapest ways to buy Bitcoin in the UK. Platforms in which completing tasks such as playing games and filling out surveys can help people start collecting crypto assets with a minimum Bitcoin investment, or even for free.

• Cheap way to buy bitcoin in the USA

Of all the platforms explained above, Coinbase and Kraken are some of best and cheapest ways to buy Bitcoin in American soil. Sites like Cointiply, Lolli, and Pei can help you obtain them for free.

First, look for Bitcoin faucets if you don't mind going little by little. 

However, if you plan on acquiring significant funds, find a highly reputed exchange with low fees, high trading volume, available analysis tools, high limits, and preferably, with mobile apps. Of course, another critical feature to look for is reputation. 

If you don’t want to buy real bitcoin in exchange, another cheap way to get a potential profit from cryptocurrency is trading crypto CFD. You can just trade the bitcoin price moves through a forex broker. 

>>> Start to trade BTC/USD at the Mitrade platform.

The above is a partial list of the cheapest ways to buy bitcoin. We can’t list all the other places. A wise investor should do more research and choose the best way that suits himself.

In conclusion, there are many cheap ways to buy Bitcoin and cryptocurrencies. 

We understand the jitters and the nerves if you are a beginner, you can work with Mitrade's trading tools ( e.g. Trading Analysis/economic calendar) to discover the trading possibility in market fluctuations.

Happy trading!

For more information on Bitcoin CFD trading,  please visit  Mitrade APP. 

Read More: 

How To Short Sell Bitcoin?

How To Day Trade with Bitcoin CFDs For Potential Profits?

How To Buy Bitcoin In Australia with a Credit Card and Paypal?

Ultimate List Of Popular Bitcoin & Cryptocurrency Brokers