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The Best Bitcoin Exchange, The Best and Most Secure Exchange to buy Bitcoin

What’s the most secure bitcoin exchange? The best way to buy bitcoin is by going to a non-shady bitcoin meetup with friends at your side who have high level of Skin in the game. Do not meet up via Social Media. Do not exchange personal data, not even in person. For all of you who cannot do this, get your bitcoin from the crypto exchanges later in this post. Avoid KYC (Know your customer) at all cost, but do not despair if you can’t. Once you got your bitcoins in the exchange’s account, transfer them to your Trezor asap and send them from the receiving address on your Trezor to another address on your Trezor. The transaction fees will be set to be marginal. DO NOT disclose the receiving address anywhere ever at all and nobody will ever be able to prove that you own any bitcoin. This is true because nobody can ever prove that you do not. I myself do not own any internet money.

Coinbase

Why is Coinbase listed here? You have to know that Coinbase is disliked by many hardcore bitcoiners and economic liberals. It is probably human nature to always turn against nuclei of supreme power and influence in the end. This might be an intrinsic need to destroy all-corrupting and endless growing centers of power. This David-against-Goliath mentality can be seen in society’s perception of Amazon/ Google/ Facebook/ Catholic Church/ Big Government/ Hollywood and it will most likely find new objectives in the future.

Coinbase is exactly like Apple. It is sexy, expensive, an early player, and you can pretty much count on it to stay in the game long enough for you to withdraw your bitcoin (asap to your Trezor). Like Apple, Coinbase’s user interface and handling is fool-proof, designed for the beautiful fool and therefore the absolute go-to for stressed out side-coiners without time. Every little mistake costs you real and potentially very real money.

Fees are always around 1.5% per buy/ trade. You can swap between a few crypto currencies for FREE and Coinbase adds new dubious altcoins to their stack all the time. There’s also an automation function to “set-and-forget”-execute buys like you’d do in a fiat savings scheme at your local house bank. Also, the fiat money withdrawal is super fast/ reliable and their security features are top notch (Bitcoin Vault + Google 2FA + Mail 2FA). Be sure to live in a country where realized crypto gains are still tax free because Coinbase the bitcoin cash of your local nation state.

Coinbase is the best bitcoin exchange for you if you want to:

  • Set up automated accumulation plans.
  • Not care about mishandling the user interface.
  • Be pretty sure that you will still get your funds restored if the exchange is hacked.
  • Know that your money is partly invested in a modern day Goliath.
  • Have the most comfortable bitcoin experience ever if you transfer your bitcoins to your Trezor instantly and forget about them.

In a world full of chaos and uncertainty, it might sometimes be profitable to cooperate with the big kid on the block for a short period. Just make sure you are not dependent. Know that Goliath will for sure get nasty one day in the future and collect the candy it gave out for free earlier. Only Changelly, Bittrex and Bitmex seem to be legit long term alternatives. All of them inferior to Coinbase.

Try Out Coinbase, Mercedes and Apple of Exchanges