As Bitcoin becomes popular and its price keeps going up, more and more people are now investing in Bitcoin and other cryptocurrencies. For you to buy and sell Bitcoin, you need to use a Bitcoin exchange. That’s not to say you should settle on any exchange since the best should be secure, cost-effective, quick to set up and easy to use.
Luckily, you can never run out of options since there are many ways to trade Bitcoin in marketplaces. Whether you want to purchase and hold long term or interested in anonymity, there is a marketplace for you provided you do your homework. This will mean factoring in the pros and cons of each marketplace to trade Bitcoin before doing anything else.
If you intend to buy and sell Bitcoin in large amounts, consider checking out Alipay. As a key member of the Alibaba Group, this mobile and online payments platform ensures users send and receive money worldwide. To guarantee satisfaction, it offers privacy protection, real-time monitoring, and world-class payment security. Better, the Alipay mobile app is available on both iOS and Android devices.
There are three ways to buy Bitcoin with Alipay i.e., Binance, Paxful and LocalBitcoins. Binance serves as a respectable marketplace for both beginners and advanced traders to perform real-time trades. With over 166+ cryptocurrencies available, traders enjoy a myriad of tools and pairs available to them within one powerful trading platform. Either way, it is in your best interest that you also figure out what other Bitcoin marketplaces bring to the table before you can finally settle on one.
Remember, Alipay is supported in over 110 countries around the globe, even though the vast majority of customers are from mainland China. Be sure to check whether it is supported in your country of residence before using it to trade Bitcoin.
Final Thoughts
There are many ways to trade Bitcoins on Marketplaces. Other popular Bitcoin and Crypto investing sites include Coinbase, Gemini, BlockFi, Binance, Crypto.com to mention a few. That’s not to say you should rush into settling on the first one you come across. Instead, spend some time examining what each has to offer users before deciding on anything. Through this action, you can have an easy time when buying and selling Bitcoin. This is just what you need to change your life for the better after deciding to invest in Bitcoin.