Fiat to Crypto Exchanges

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Here you will find a list of the best cryptocurrency exchanges that allow you to send fiat into them (from your bank) to purchase cryptocurrencies and also allow you to sell in the future back into your bank account.

Here you will find a list of the best cryptocurrency exchanges that allow you to send fiat into them (from your bank) to purchase cryptocurrencies and also allow you to sell in the future back into your bank account.

Fiat to crypto exchanges are exchanges that allow you to buy a cryptocurrency like Bitcoin or Ethereum for example directly using a government-backed fiat currency like the US dollar or the British pound.

These exchanges are fantastic for people that are new to the crypto market as it is the easiest and fastest method to exchange fiat currencies into Bitcoin or different Cryptocurrencies.

For example

You wish to buy Bitcoin or a well-known Altcoin like Ethereum. You simply create an account with one of these exchanges and instruct your bank to send fiat funds into this exchange.

Once you have your fiat on this exchange you can simply put a buy order in to exchange your fiat into the cryptocurrency of your choice.

These exchanges have digital wallets on their platform for each Cryptocurrency available to buy.

Once your buy order has been filled you can see in your Crypto wallet your new Bitcoin, Litecoin, Ethereum, XRP, or whichever Cryptocurrency you decided to buy. You can now leave your Crypto in the exchange’s wallet and when you decide to take profits and sell out back into fiat you can simply put a sell order in and choose the fiat you wish to convert to.

All your basic crypto and fiat buying and selling in one place.

5

What are the dangers?

Not your keys, not your crypto is a popular saying. If the exchange goes down or collapses so goes your money.

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How to minimise these risks?

Use exchanges that are either publicly traded or insured by an outside entity.

It is worth noting that these exchanges offer only a limited selection of Cryptocurrencies to buy. They are however great entry exchanges and usually offer only the top tier coins which often are the core coins an investor should start with when creating a well- balanced diverse investment portfolio.

We offer a consultation service helping you understand more about Cryptocurrency Exchanges.

Binance Exchange

The world’s largest crypto exchange! A must have crypto platform for buying and selling cryptocurrencies. This platform is for beginners and professionals alike. Huge liquidity for altcoin trading. Customers can deposit cryptocurrencies and fiat directly into their account. Binance allows deposits by bank transfer and debit cards.

Investors love being able to set stop losses and buy/sell orders while they are not online. You can also play the futures market on bitcoin and a few altcoins. Binance also offer – NFT marketplace, crypto staking (earn an income from your portfolio), a binance VISA card, leveraged trading, and more. Crypto gift card service. Mobile app available.

Bitpanda

Bitpanda was founded in 2014 and is based in Austria. They are now one of the most popular 24/7 crypto exchanges in the world. They have over 1 million users! This is because their platform is very easy to use for beginners and offers a host of crypto services. Customers can buy and sell bitcoin and many altcoins, as well as stocks, ETFs, and physically-backed precious metals. They also offer customers a crypto and fiat VISA card – where you can spend your cryptocurrency worldwide! Bitpanda allows investors to set up an automatic and reoccurring daily, weekly, and monthly payment and investment system to purchase cryptocurrencies.

Bitpanda also has a large volume OTC bitcoin and altcoin buying and selling service. This platform allows more than 10 ways to pay for your cryptocurrencyCredit Card, Debit Card, Bank Transfer, SEPA, Skrill, and more. They accept clients worldwide. Bitpanda has secure owner wallets to store your crypto and fiat in that uses multi-signature and 2FA. Mobile app available.

Coinbase

Coinbase is a US-based exchange and they had their IPO in April 2021. They listed on the Nasdaq and briefly went to $100 billion valuation. It currently has over 40 million users from over 100 different countries. It is considered one of the best platforms for new crypto investors to start their journey. They offer a host of crypto features including – Buy, sell and trade over 100 different popular digital currencies, keep track of them in the one place. Invest in cryptocurrency slowly over time by scheduling buys daily, weekly, or monthly. For added security, store your funds in a vault with time delayed withdrawals. Customer funds are fully insured! Mobile app and digital wallet. They have a huge selection of different cryptocurrencies you can buy and sell directly on their platform. Coinbase also offers OTC trading for high net worth investors and institutions. Customers can fund their account with cryptocurrency as well as with fiat debit cards and bank wire transfers. Coinbase also has a crypto debit card you can spend worldwide. Staking income of 5% APY is also available to customers.
Crypto gift card service.

eToro

eToro (founded in 2007) is one of the most well-known and trusted stock, commodities, and forex trading platforms in the world. Now you can use their crypto services too. All your crypto needs under one roof. Join and use their crypto trading platform, crypto exchange, and crypto wallet. They offer access to their (advanced) eToroX crypto exchange where you can use their trading tools. Traders can also use the social trading platform where they are allowed to copy successful traders trades. eToro has over 20 million users in 140 Countries worldwide. They currently allow 17 cryptocurrencies, including, bitcoin, litecoin, ethereum, and more. eToro provides a FREE digital wallet. Staking is also available to users.You can use their iOS and Android app.

KuCoin

KuCoin (Singapore-based) became a popular and reliable crypto exchange back in late 2017. It is now a major player offering over 400 crypto trading pairs and having 1 out of 4 crypto holders worldwide using its exchange. KuCoin is very easy to use for beginners. They also have an in-house trading bot that automatically executes specified trades and users can lend their crypto securely and earn interest on over 70 Altcoins. Margin trading, leverage, Spot trading, P2P (zero fees), Futures. Users can load funds (40 fiats supported) – Crypto, PayPal, SEPA, Bank Transfers, Debit and Credit Cards, Apple Pay. Mobile App – iOS and Android available. Only partial KYC needed. A must use exchange to get in early on crypto projects before they hit binance.

Kraken

Signup today and buy 50+ cryptocurrencies in minutes. Get started for as little as $10.

Their platform provides world class financial stability by maintaining full reserves, healthy banking relationships and the highest standards of legal compliance. Fund your account with crypto or a direct bank wire transfer in multiple fiat currencies. Kraken offers – Staking, margin trading, futures, OTC, 5X leverage, and spot price. They also have a mobile trading App.

Gate

Gate has been around since 2013 and one of the fastest growing crypto exchanges in 2021. They are considered one of the most secure exchanges. Gate accepts 20+ fiat currencies using bank transfers, credit and debit cards. Buy, sell, and trade 1000 crypto Altcoins as well as bitcoin. Gate allows spot, margin, leveraged trading and ETFs. Up to 100X leverage for experienced traders. Copy trading from top leadership earners. They have an NFT marketplace, mining income, option trading, loans, lending, and passive income, auctions, and more. They also have an iOS and Android mobile trading App.

Bitfinex

Bitfinex has been around since 2012 and is one of the most traded and high volume crypto exchanges available. This exchange is embraced by experienced traders that use their advanced trading tools, although anyone can use their spot exchange. They allow you to buy, sell and trade a full range of cryptocurrencies. This platform allow crypto and bank wire transfer options to fund the account. Investors can short cryptocurrencies using leveraged trading strategies. Bitfinex allows large volume trading and OTC. Derivative, margin, lending, staking also available. They also have an iOS and Android mobile trading App.