How to Buy Bitcoin: PROS & CONS Guide

 
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There’s no perfect way to buy Bitcoin - its all about trade-offs.

Some purchasing methods will have cheaper transaction fees, but require personal information such as your social security number. While other methods will charge steeper fees, but allow you to buy Bitcoin more anonymously.

The guide below will help you determine which option best suits your needs by weighing the pros & cons of 3 popular ways to buy Bitcoin:

  • Online exchanges

  • Peer-to-peer transactions

  • Bitcoin ATMs

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