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WHERE TO BUY BITCOIN CHEAPER ,FASTER AND EASIER
BITCOIN EXCHANGES
Bitcoin exchanges are companies that create a live market for buying and selling bitcoin. Customers will deposit bitcoin or fiat currency into their accounts and then place different order types that are recorded on an order book managed by the exchange. Some exchanges offer simple limit orders, while others offer advanced order types such as stop-loss orders and margin trading.
Having an account with a bitcoin exchange is like having a seat on the NYSE. Bitcoin exchanges are great for day traders and institutional traders who trade bitcoin full time. They often require advanced knowledge of financial markets to use correctly.
BITCOIN- ALTCOIN BROKERS
Bitcoin brokers are individuals and companies that take buy and sell orders and execute those orders on an exchange on behalf of their customers. The broker will often receive a fee for their service and the customer will receive the bitcoin they placed an order for in exchange.
If having an account at a bitcoin exchange is like having a seat at the NYSE, then doing business with a bitcoin broker is like having an e*Trade or Charles Schwab account. The advantage of using a broker is simplicity. The customer asks for a quote, places an order, and receives what they asked for, and the broker removes the complexity of dealing with an exchange.
OTC MARKETS
Bitcoin over-the-counter (OTC) markets are “off-the-books” decentralized exchanges that happen through face-to-face meetings and remote trades. In a face-to-face exchange, the buyer and seller will meet at a designated time and place and exchange cash for bitcoin at an agreed-upon rate. In remote exchanges, the trade is coordinated by telephone, email, or another remote communication method. After a price is agreed upon between buyer and seller, the buyer will send an electronic funds transfer to the seller and the seller will send the bitcoin to the buyer’s bitcoin address.
OTC markets are most useful for either buying bitcoin with cash or purchasing large blocks of bitcoin at a guaranteed price. These trades protect against “slippage” that can occur when purchasing large amounts of bitcoin on an exchange.
Ranging across a spectrum, OTC markets are used to handle everything from big trades worth millions of dollars to smaller transactions. Local Bitcoins is an example of a peer-to-peer exchange method where people can trade cash for Bitcoin anywhere in the world. The Local Bitcoin site helps to match bitcoin buyers and bitcoin sellers and then they can arrange trades, usually based on market rates.
OTC bitcoin markets have been around since the very first bitcoin trades, and they still provide a really valuable function in the bitcoin and cryptocurrency ecosystem. OTC services are particularly important in parts of the world where access to financial infrastructure is difficult to obtain, or where there are no other options for buying and selling bitcoin.
ABRA
Abra is a bitcoin-based digital wallet app that lives on your smartphone. It is the easiest way to buy, sell, store, send and receive bitcoin from anywhere in the world. It’s similar to a brokerage, but it’s also a wallet. Abra supports bitcoin as well as over 50 global currencies which means you can convert in and out of bitcoin or any available currency, easily. You can also send bitcoin to anyone who has a bitcoin or an Abra wallet and receive bitcoin or money.
Aside from being easy to use, fast, and flexible, one of the advantages of Abra is that the company uses peer-to-peer technology, so your money goes directly from you to your recipient with no middleman, allowing for your transactions to be very quick and inexpensive.
Abra is based on non-custodial technology, which means that it is based on decentralized principles and offers greater individual security than more traditional, centralized exchanges. Instead of being stored in a centralized data structure or account, all assets held by Abra users are stored in a Bitcoin wallet and accounted for on the Bitcoin blockchain.
Whenever an Abra user opens a new wallet a random recovery phrase is generated that acts as the private key discussed earlier. The recovery phrase is a crucial part to the security and functionality of Abra’s non-custodial wallet model and while Abra users need to take an added step to safeguard the recovery phrase, it also means that Abra users can maintain control of their funds in a way that is more secure and not reliant on centralized entities.
Once Abra users have their secure wallet established (and they have tested their recovery phrase) they can then use the Abra app to send, receive, and store bitcoin and other digital assets.
Abra users can also use the app to buy bitcoin, or convert other assets into bitcoin with Abra and then transfer that bitcoin to any external bitcoin wallet, or they can use the Abra app to send bitcoin to any other Abra user.
LUNO BITCOIN EXCHANGE PLATFORM
LUNO is a platform for buying and selling of some major cryptocurrency such as bitcoins, etherum, BITCOIN cash, litecoin, ripples, USDT using your local fiat currencies e.g naira, dollars, rand, shillings, krone, kiwi, cedi, peso.
BINANCE CRYPTOCURRENCY EXCHANGE PLATFORM
You can also purchase a lot of cryptocurrency via creating account with binance. The crypto platform has it's own coin named binance coin (BNB), they are innovative and reliable crypto trading platform, where one can buy any crypto with one local fiat currencies such as dollars, euros, peso, naira, cedi, rands, krone, Lira etc.
P2P BITCOIN Platforms
One can easily be linked to some how want to sell or buy BITCOIN in reputable BITCOIN P2P platforms e.g. localbitcoin.com
