How do you buy your BTC?

How do you buy your BTC?

By cryotosensei | CryptoSensei | 30 Dec 2022


All these different ways to buy Bitcoin. Which of the following methods is your preferred one, and why?

If you want to buy Bitcoin every day, you can use the DCA bot on Kucoin. Kraken also offers a premium recurring daily buy service for 1.5% fee. Revolut allows you to buy BTC for as low as a dollar. Cash App, a financial service available to people in the United Kingdom and the United States, also seems to be a popular option.

If you believe in small wins, you will probably get something like a Venmo credit card that automatically pays BTC for you with your cashbacks.

If you believe in paying yourself first, you can set up an automated monthly routine in which a certain percentage of your pay goes straight to platforms like Strike and Swan and is used to buy Bitcoin.

If you fancy yourself as a trader, you  would love reading the charts and trying to optimise your buys when you spot bottoming patterns.

If you are concerned about the financial health of CEXs, you can opt to buy BTC at decentralised Bitcoin exchanges like Bisq.

Similarly, you can buy it from other people via Inp2pbot (https://lnp2pbot.com). It’s a LN-powered Telegram bot that connects sellers and buyers and has an escrow mechanism in place to hold the sats until the buyer pays the seller.

originally posted on Stacker News

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cryotosensei
cryotosensei

budding investor


CryptoSensei
CryptoSensei

chronicles of an English teacher

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