Cryptocurrencies became twice as popular at the end of 2020 due to the economic situation in the world. Bitcoin has conquered previously unattainable peaks of $50,000 in a short time and even approached the $60,000 mark. The crypto boom has greatly influenced the world and more and more large companies and institutions are talking about Bitcoin as the main currency of the next generation.
Thunderpick keeps up with the large companies and follows the trends, offering many cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH) and Tether (USDT) for deposits and withdrawals.
Many people ask “How and where can I buy crypto, since I am new to this?”. We often receive messages that cryptocurrency is very difficult to buy and has very high fees. This guide will show that it is actually very simple to buy a cryptocurrency with acceptable fees in just a few clicks.
How to buy crypto?
Nowadays it’s not a rocket science to buy cryptocurrencies, but you need to follow 3 simple steps, which work for all sites:
Step 1. Upon entering the site, you are immediately offered to register an account.
Step 2. Further, all cryptocurrency sites require identity verification (KYC), without which you will not be able to buy cryptocurrency.
Step 3. After passing the verification, a whole range of services opens up to you and now you can buy crypto by choosing a desired one from the list and entering the deposit address that you will find in the Deposits section of your account at Thunderpick.
KYC
Before you buy crypto on the sites that we recommend, you must go through identity verification according to the regulations. Most people are suspicious of such verifications, but without it you will not be able to make a purchase. You should not be afraid and follow stereotypes that such sites can use your data for anything else besides identity verification. We have completed KYC personally and can assure that we had no problems with verification: your documents are checked within 2-3 hours, and sometimes much faster.
Where to buy crypto?
There are many sites where every minute the whole world buys cryptocurrencies for HODL, investments, gambling and various forms of trading. We would like to recommend some of them that have been verified by our staff.
At the moment, Coinbase is the largest platform for buying crypto. In recent months, the company has carried out many successful purchase transactions for Elon Musk’s Tesla and MicroStrategy, as well as for various investment funds. Coinbase has created reliable protection for user data and for us is the unconditional first place among platforms for buying/selling crypto. Therefore, the company is now at its best and is developing rapidly.
Accepted payment methods: Visa, Mastercard, SEPA Bank Transfer, PayPal, Sofort.
Accepted countries: 100+
Minimum amount: €20
Probably everyone has heard the word Binance, but they do not know what it is. Binance is the largest cryptocurrency exchange stock that decides the fate of all cryptocurrencies. The exchange is currently the flagship of the crypto industry, providing comfortable conditions for buying, trading and exchanging cryptocurrencies. For us, Binance is almost the best option where you can buy cryptocurrency without any problems by following our guide above. But be careful when withdrawing crypto, as the stock offers several crypto networks, which are a significant obstacle for many users. Thunderpick currently accepts crypto through BTC, ERC20, BCH, LTC, XRP networks only.
Accepted payment methods: Visa, Mastercard, SEPA Bank Transfer, SWIFT Bank Transfer
Minimum amount: €15
MoonPay has grown from an ordinary crypto platform into one of the most promising and leading platforms for buying and selling cryptocurrencies. By adding the excellent and simplest UI, we have no choice but to buy crypto, without even being distracted by trifles. A big plus is the availability of multiple payment methods, which further simplifies our purchase. Also, cooperation with our favorite Trust Wallet and Jaxx Liberty increased the reputation of MoonPay as a reliable platform for buying crypto.
Accepted payment methods: Visa, Mastercard, Apple Pay, Google Pay, Samsung Pay, SEPA Bank Transfer.
Accepted countries: 160+
Minimum amount: €20
Bitpanda is one of the oldest crypto exchange stock since 2014 that has a pretty decent reputation among users. One of the important reasons to buy crypto at Bitpanda is a large selection of payment methods, which makes easier choice for users to buy/sell crypto.
Accepted payment methods: Visa, Mastercard, Skrill, Neteller, GiroPay, Sofort, SEPA Bank Transfer
Minimum amount: Bitcoin – 0.001 BTC, Ethereum – 0.00856 ETH, Litecoin – 0.001 LTC, Ripple – 0.1 XRP, Bitcoin Cash – 0.001 BCH, Tether – 10 USDT
If you have any questions or want to be provided with more information about crypto, feel free to contact our Customer Support via Live Chat or email: [email protected]