How to buy and sell Bitcoin in Europe

If you are interested in cryptocurrencies and want to buy some Bitcoins. This guide will help those who are looking for the best ways to invest in Bitcoin, as well as in altcoins, while in Europe.

In Europe, people use special transfer systems such as SEPA, which do not restrict transfers within the country and also allow them to conduct payments internationally without noticing the difference compared to domestic payments.

Therefore, it is important that platforms, in particular, support this payment method and provide favorable conditions for buying bitcoins. This article explains how to buy and sell bitcoins in Europe using credit cards, SEPA transfers, payment systems, and other methods.

How to buy Bitcoin in Europe

Europe is one of the most favorable zones for cryptocurrencies. Some crypto assets are even supported by national banks, for example, in Italy and Switzerland. So, here are some ways to buy bitcoins:

  • Cryptocurrency exchanges. Legal crypto exchanges support SEPA and other methods of international transfers. Exchanges offer a favorable exchange rate, but the exchange process itself is not the most convenient. In addition, crypto exchanges contain a trading terminal, which is not always easy for a novice to understand. This is why they often prefer decentralized exchange services;
  • Peer-to-peer or decentralized exchange platforms through which users exchange directly with each other. This is the most convenient way to buy Bitcoin, but not the most profitable one. However, if you plan to buy crypto for long-term storage, it is best to use this method;

Exchanges

Crypto exchanges are the cheapest way to buy Bitcoin, since the exchange rate is as close as possible to the market price, and the exchange fees range from 0.1% to 0.5%. However, this is not the most convenient way to buy Bitcoin in Europe. Legal platforms that support fiat currencies and bank transfers, for example, through SEPA, usually require identity verification. This has a negative impact on privacy, since such sites keep records of user transactions.

  • Coinbase is one of the most liquid platforms. The number of supported payment methods is limited, but the platform allows you to exchange bitcoins using bank cards and SEPA;
  • Bitstamp is another regulated platform founded in 2011. This is one of the first crypto exchanges;
  • Paymium was the first exchange in Europe. The platform was founded in 2011 and supports Euro, as well as payment via bank cards and transfers.

All these trading platforms are legal in Europe, but they support a limited number of cryptocurrencies. However, they are best suited for buying bitcoin, because they are safe and protected by law.

P2P exchange platforms

Bitcoin exchange platforms are a simple and fast way to buy cryptocurrencies. They usually support a variety of payment services, including credit cards, bank transfers, payment systems, and cash. But their main drawback is that they offer a rate higher than the market rate.

Their peculiarity is that they are usually available in many countries and provide the widest choice of payment methods, including cash, PayPal, Skrill, SEPA, Neteller, Western Union transfers and many others. These advantages compensate for the higher rate.

Another plus of P2P exchange platforms is that it is possible to earn income on the exchange. The services allow you to place your own orders for buying and selling bitcoin and set the exchange rate yourself. Thanks to this, users can buy bitcoin even below the market price, taking into account the exchange fee, which is usually about 1%. 

Which bitcoin exchange platforms are available in Europe:

  • Coinmama is a major international currency exchange platforms registered in Slovakia. The service has more than 1.9 million users in 188 countries. The platform is regulated and registered as a money service in FinCEN. This is one of the safest sites, but the purchase fee can reach 6%;
  • Bitpanda is popular among European users;
  • Bitcoin.de — another major peer-to-peer exchange located in Germany that uses SEPA transfers. Unfortunately, this is the only payment method supported by the exchange, but the platform is reliable.

P2P exchange platforms are best suited for investing in cryptocurrencies for the long term. You buy coins from a merchant using a credit card, bank transfer, or payment system, and then withdraw them to your crypto wallet, where you can safely store the coins.

Thanks to the peer-to-peer approach, exchanges allow you to exchange cryptocurrencies without account verification, which has a positive effect on user privacy. However, even though the limits are set by the sellers themselves. however, please note that the seller may refuse to exchange a large amount if you have an unverified profile. In this case, you can split the purchase into several smaller amounts.

How to sell Bitcoin in Europe

If you already know how to buy Bitcoin in Europe, then you can also sell cryptocurrency the same way. Most likely, you buy bitcoin for the purpose of earning income, so you are looking for a way to sell it with profit, right? We have great news for you: we have found a service that allows you to sell bitcoin at the exchange rate bypassing crypto exchanges and get an extra bonus on top of it. 

HiRiBi offers the highest selling rate for Bitcoin

HiRiBi is a service that allows you to exchange Bitcoin for PayPal. When selling BTC, you get an extra bonus, which depends on the exchange rate of the cryptocurrency. Now it is about $700 to $1000 for one bitcoin. For example, at the time of writing, at the rate of $6853, you can sell bitcoin for $7881, while receiving a bonus of $1028. How did they manage to achieve this course? HiRiBi regularly monitors the market and major sites, which allows you to choose the highest selling rate.

Pros

  • The highest rate on the market;
  • PayPal support;
  • Instant money withdrawal to PayPal after two confirmations in the bitcoin network;
  • Withdrawal to your wallet directly without fees;
  • Profitable affiliate program that allows you to get 2% for the exchange of referrals.

Cons

  • You can only sell BTC and only for PayPal. But this is not a particular problem, since Bitcoin is the most popular cryptocurrency, and PayPal is the most popular payment system.

Summary

Some sites are great for buying, but not the most profitable for selling BTC. If you want to buy bitcoin, then platforms such as Coinbase, Bitstamp or Bitpanda are perfect. And for sale, you can use HiRiBi, since it offers the highest rate on the market.

How to buy and sell Bitcoin in India

Digital currencies are increasingly gaining popularity in India. If you are interested in how to buy and sell bitcoin in India, then this article is for you. We have prepared a selection of the best current cryptocurrency exchange methods.

How to buy bitcoin in India

It is legal to exchange cryptocurrencies in India. But it is important to choose a site with the best conditions that are suitable individually for you. When using P2P services, beware of scammers who may ask for a seed phrase for a transaction or for your bank card details.

WazirX

WazirX is one of the most popular crypto exchanges for buying bitcoin in India. The trading platform has a user-friendly interface that allows beginners to easily and quickly exchange bitcoin, as well as other cryptocurrencies.

To do this, you need to register an account on the website of the WazirX cryptocurrency exchange and verify the account to link your bank account to it. The great news is that you will be able to top up your deposit by purchasing USDT stablecoin via the peer-to-peer segment of the platform with a 0% fee.

Pros:

  • You can buy USDT directly from other users via bank transactions without a fee;
  • WazirX supports Indian rupees and 7 other fiat currencies;
  • Low exchange fees — 0.2%;
  • Purchase is possible at the market rate.

Cons:

  • To exchange, you must pass the KYC procedure, which poses a serious threat to anonymity;
  • A more complex exchange procedure. In order to buy Bitcoin, you must first buy USDT through the p2p section of the platform.

LocalBitcoins

It is one of the most popular P2P exchanges in the world. LocalBitcoins supports a large number of payment methods (Bank cards, transfers, payment systems, Bitcoin-ATMs, cash, cryptocurrencies) and is available in more than 180 countries. Here you buy cryptocurrency directly from other users, and the platform acts as a guarantor of transactions: before sending funds, LocalBitcoins freezes the seller’s bitcoins, and after he confirms the payment, the coins will be credited to your internal account.

This is a reliable and secure platform for buying cryptocurrency in India, but the process is still lengthy: first you buy bitcoin from the seller, and then withdraw it from the internal account to your wallet with a Commission.

Pros:

  • Buyers do not pay a fee;
  • Reliable exchange platform;
  • Buyers do not have to pass verification, and they can exchange cryptocurrency anonymously. Verification is only necessary for placing orders.

Cons:

  • Not the most convenient way to buy bitcoin;
  • Rates are higher than on exchanges;
  • Small purchase limits compared to cryptocurrency exchanges.

Now you know how to buy bitcoin using a credit card, money transfers and payment systems. If you want to know how best to sell bitcoin, go to the next section.

Coinmama

Another popular crypto exchange platform that has been operating since 2013 and has a legal status in Europe. Coinmama makes the exchange very convenient and fast: coins are immediately sent to your bitcoin wallet after payment by the chosen payment method. The platform is easy to use and allows you to exchange bitcoins in just a couple of clicks. Reliable, fast and convenient — this is all that can be said about Coinmama.

Pros:

  • Simple and fast bitcoin exchange platform;
  • Available in many countries around the world;
  • High purchase limits;
  • Safe and legal platform.

Cons:

  • High fees, up to 6% of the transaction amount;
  • The platform is regulated by the financial supervision authorities, so it cannot provide sufficient privacy for the transaction.

How to sell Bitcoin in India

You can use the same services for sales that we discussed earlier in this article. But there is one service that stands out significantly from the rest of the platforms for exchanging cryptocurrency-this is HiRiBi.

HiRiBi is a profitable and secure exchange platform for selling and buying bitcoin. The greatest feature of this resource is that the exchange is made at a high rate, so you can sell Bitcoin with even more profit than on exchanges. Also, you do not have to search for a platform that supports fiat currencies and withdraw funds by paying fees that range from 3% to 6%.

The platform supports only one exchange option — Bitcoin to the international payment system PayPal. This is one of the main advantages of the service, since you can hardly find exchanges that support PayPal. Withdrawal to the payment system occurs instantly immediately after your bitcoin transaction receives two confirmations. The funds will be automatically sent to PayPal. HiRiBi is the most profitable way to sell bitcoin.

Pros:

  • High Bitcoin rate. You sell Bitcoin for 10% more than the exchange rate;
  • PayPal support;
  • Security;
  • Convenience and reliability. Funds are automatically credited to the wallet after 2 confirmations in the Bitcoin network.

Cons:

  • Only BTC and PayPal are supported. Other exchange directions are not available.

Summary

We have analyzed reliable and popular ways to exchange cryptocurrencies in India. Now you can easily buy and sell bitcoin. India does not prohibit trading in digital currencies and allows them to be freely exchanged without strict restrictions from regulators.

How to exchange Bitcoin for PayPal

Buying and selling bitcoin via Paypal is not easy. This service provides exchanges with stringent conditions, so there are not many platforms that allow you to exchange Bitcoin through the PayPal payment system. In addition, many available methods entail high fees, up to 10%, and the limit remains low. Today we will take a look at one of the best ways to exchange bitcoin for PayPal — HiRiBi service.

What is HiRiBi?

HiRiBi is a popular bitcoin exchange. The service positions itself as the most profitable exchange that allows you to sell bitcoins at the best exchange rate on the market.

The service monitors 20 major trading platforms and selects the most profitable exchange rate for selling bitcoin. At the same time, if you buy BTC, the rate offered will be low. The service allows you to earn money by buying and selling bitcoin, as well as other cryptocurrencies for PayPal dollars.

Advantages

  • Quick and easy way to exchange cryptocurrency;
  • HiRiBi supports PayPal, a rare payment system for exchanges to support;
  • Discounts and bonuses. All users receive a bonus of $799 for selling 1 BTC at the current exchange rate. The amount depends on the bitcoin exchange rate: the higher the rate,the greater the bonus. You can sell Bitcoin for any amount: even for $1;
  • There is a profitable affiliate program. You will receive 2% from every exchange by your referral.
  • Support quickly solves problems and helps in case of disputes. Support responds via email.

Previously, users could exchange more Ethereum, Litecoin, Dash and Dogecoin and the payment systems Webmoney, Perfect Money, SOFORT and CASH, but now the platform has focused only on one direction of exchange: BTC — PayPal. Bitcoin is the most popular crypto asset in the world, and the PayPal payment system is the most popular for fiat currencies. By combining them, the service meets the needs of most users, which can also be considered an advantage.

How to buy and sell bitcoin online via HiRiBi exchange

It is quite easy to do. One of the main advantages of the service is the ability to exchange without registration. There are only four simple steps to make an exchange:

Step 1. Check the exchange rate. The service regularly monitors large crypto exchanges, so that users can get a favorable rate for buying and selling cryptocurrencies.

Step 2. Enter the number of bitcoins or dollars that you are going to buy/sell, and also specify your email address used to register in the PayPal system.

Step 3. Enter the PayPal address that the payment will be sent to. Be careful when entering data. All payments are processed automatically.

Step 4. Send bitcoins to the specified wallet address. Money will be transferred to PayPal automatically after 3 confirmations in the Bitcoin network. This usually takes about an hour. But it all depends on various factors:

  • Fees. If you use light online wallets, the fee is fixed. Desktop wallets allow you to set your own fee. If it is set too low, the transaction may take anywhere from 2 to 12 hours.
  • The load on the blockchain network. With a high load on the network, fees increase, and transactions take longer to be confirmed.

Below the form, you can track the transaction status by entering the Tx Id. The process is similar if you buy a cryptocurrency. But in this case, you will not have to wait for confirmation, because transfers via PayPal are instantaneous. Immediately after payment, BTC will be sent to your wallet address.

Summary

PayPal does not support the cryptocurrency sector and does not make any efforts to develop the digital economy. There is a logical explanation for this: in fact, blockchain assets act as the main competitor of the payment system. Therefore, you can exchange cryptocurrency in this way only with the help of special services like HiRiBi.

If you are interested in exchanging BTC via PayPal at a good rate, then pay attention to the HiRiBi crypto exchange. You can also join a profitable affiliate program and earn money by inviting new members.

Would you like to get USD in your PayPal account with your Bitcoin?

Cryptocurrencies are here to stay. Everyday more and more people get involved into this new and revolutionary mean for obtaining products and services. Considering that they have been around for only a few years, most of the commerces don’t accept them yet as a valid mean of payment. While everyday new shops accept them, many years will pass before they can be as common as fiat money.

For that reason many users of this digital currency would like to exchange them for regular money. In Hiribi it will be possible to learn details regarding how to sell Bitcoin for US Dollars deposited in a PayPal account. This can be very useful considering how many online businesses accept payments through this platform, which has established itself as a key player of internet commerce, and how comfortable and convenient it is for purchasing or for sending and receiving money in an instant.

The importance of security and safety when choosing to buy or sell cryptocurrencies in online markets.

Considering that cryptocurrencies are, by definition, 100% digital, there will be lots of people and commerces through internet who advertise themselves as exchangers between cryptocurrencies and real money. Taking into account the anonymity that internet can provide, this is fertile ground for scammers. This is something that has to be taken into account when wondering how to exchange Bitcoin for PayPal money.

The risks that appear in this kind of situations are much more than just stealing Bitcoin, which already can be something really bad. Some of these scammers may ask the user to provide personal (and sometimes sensitive) information, which they will claim that it is essential for completing a transaction. By doing this, the user may be exposed to identity theft, compromise of credit cards and other means of payment, among other problems.

For that reason, people who want to exchange their Bitcoin to US Dollars in a PayPal account without worrying for the aforementioned risks, are encouraged to visit Hiribi, a place where the user can be 100% confident that he or she will make a completely safe and secure transaction.

How to prove that all these exchangers can be trusted? Considering that the value of an individual Bitcoin can reach many thousands of dollars, some transactions can be worth dozens of thousands of dollars. Individual PayPal accounts allow to have a maximum of USD 10.000 at any given time, while business accounts don’t have such limit. For this reason, all the exchangers have these business PayPal accounts, and in order to obtain them, the company must prove that their legal and financial status doesn’t have any kind of problem. Of course Hiribi has managed to do that, its legal status has been proven and validated with PayPal, which should be another reason to convince that this is a completely secure trader.

Why choose Hiribi?

There may be other websites around which list cryptocurrency exchangers. However, none of the competitors can offer the security, trustworthiness and safety that only Hiribi can offer, which makes it a fantastic and one of the places to make Bitcoin to PayPal exchanges. All of them fulfill the following conditions:

  • Availability from almost every country and territory around the world.
  • Being in possession of a business PayPal account, which proves that the company has a proper and verified legal status.
  • Availability 24 hours per day, 7 days a week.
  • Capability to provide secure and quick transactions. Funds are transferred quickly to the PayPal account.
  • Competitive exchange rates.
  • Customer support, capable of promptly and properly solve any kind of issue and provide assistance whenever needed.

Many users also rely on feedback provided by other people who made use of these services. For that reason, Hiribi also allows customers who already exchanged Bitcoin for Paypal dollars to provide feedback that later can be reviewed by other people. As can be read in multiple reviews found throughout internet, this place has already completed successfully hundreds or thousands of transactions, which as consequence, means that there are thousands of satisfied and happy users.

People who are interested in selling their Bitcoin for PayPal US Dollars will be able to quickly and properly review positive, neutral, and negative feedback of each exchanger, which will be properly highlighted by a relevant color, and will help the client to choose the company that better fits his or her needs.
In the extremely rare case where a certain place where is possible to sell Bitcoin for PayPal is temporarily not available, the user can request alerts through email which will notify him or her when said company is back online. For that reason it will never be necessary to stop working with a particular company that a customer has already liked and trusted. This is a feature that only Hiribi can offer.

How to make use of the services provided by Hiribi?

Users who would like to perform Bitcoin for US Dollars in PayPal exchanges are recommended to follow these very simple steps in order to complete a transaction:

  • Visit the Hiribi webpage.
  • Compare the offered BTC vs USD rate.
  • Now simply complete the transaction. It is guaranteed to be simple, quick, and reliable.

After answering the question of how to sell Bitcoin for PayPal money, and finding out after checking multiple sources of information that Hiribi is the best possible option, then the user only needs to visit Hiribi and trade USD or Bitcoin as needed. It’s important to mention that this place is in possession of reserves totaling an amount of more than a million US Dollars, for that reason, transactions of almost any size can be made when visiting Hiribi.

It’s important to mention that Bitcoin and other cryptocurrencies are very dynamic, which means that their exchange rate is constantly changing. For that reason, people who visit Hiribi will notice that the rates are updated every 5 seconds. This will help the visitors to choose the Bitcoin to PayPal exchanger that better suit their needs.

Because of all the previously exposed facts, people who own Bitcoin and would like to convert them into US Dollars that can be deposited in a PayPal account are encouraged to visit Hiribi. This website provides essential information that guarantees safe, fast, and secure transactions. Their services are available from anywhere and at anytime, and are ready to provide customer support to every user who may need it, making this company one of the absolute best places to exchange Bitcoin.