Safely Buy Bitcoin , CryptoCurrency from Trusted Exchanges Bioz Follow Mar 22 · 3 min read

Buying Bitcoin or Cryptocurrency can be extremely confusing or frustrating especially in Europe countries and united states due to regulations

first you need to prepare a list of Verification papers requirements that fits all trusted exchanges that follows the regulation laws .

List of Verification Paper papers you need :

valid Email , better to use secured email with strong password and use 2FA security level . valid phone number , have to be active , also need to add the country code with format of ( +1 ) or ( 001 ) if the exchange system don’t allow the + symbol . Proof of identity : national ID , or Passport , or Driving licence , you will need to take a clear photo of the 2 sides , also another clear photo as selfie showing you holding that Proof on the 1st page , some exchanges will ask you to write a the exchange name , date and your name as in your ID in a small paper with the selfie ,

some exchanges will ask you for verification using you Laptop , computer or Phone Camera . Proof of address : can be a phone bill , power bill , rent bill , water bill , bank statement with address mentioned inside or can be a national address paper issued by national address service or postal service online . Credit card or Prepaid card for funding , may fund using bank account , paypal , westernunion , ….

security tip :

After preparing the list of papers try to keep them in secure place where no one can see or access them , to avoid scam …

install Google Authenticator from google , android or IOS as 2FA Two Factor Authentication to you phone for better account security when buying or selling

some verification processes can take up to a week to confirm the papers from the exchange site

Now time to register for top trusted Exchange and bitcoin selling services by volume and reviews

you can buy using credit card , prepaid card , Bank wire transfer , Paypal and local bank transfers

Bitcoin and Cryptocurrency Safe Exchange List :

Cex.io : UK based Bitcoin and Cryptocurrency exchange working since 2013 , accepts payments from all over the world , verification takes less than a day , unlimited buy limits for verified users . Bitfinex : Hong Kong Cryptocurrency exchange owned and operated by iFinex Inc., which is headquartered in Hong Kong and registered in the British Virgin Islands , working since 2013 , onetime have been breached then give compensate to all affected users + some bonus since , unlimited buy limits for verified users . Local Bitcoins : a peer to peer bitcoin marketplace based in Helsinki, Finland. Its service facilitates over-the-counter trading of local currency for bitcoins. Users post advertisements on the website, where they state exchange rates and payment methods for buying or selling bitcoins , working since June 2012 , it have multiple payment option as paypal , western union , Skrill , you can find a trusted local bitcoin seller in your country . you can also Sell your bitcoins locally in the platform Binance : a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, it is in top 10 exchanges compared to trading volume Kraken : a US-based cryptocurrency exchange, founded in 2011. The exchange provides cryptocurrency to fiat trading, and provides price information to Bloomberg Terminal

After purchasing Bitcoin , Cryptocurrency there is a choice to keep in the exchange wallet but without getting the Private Keys or Online wallet like blockchain.com or offline hardware wallet like LedgerNano “ with keeping the Private keys of the wallet to access the wallet from anywhere” , Better to buy it from the manufacturer website https://shop.ledger.com not other reseller or online shop websites .