As adoption rate of Bitcoin is rising and Bitcoin is becoming more and more regular payment method in everyday life, lot of companies are created with the main idea to help people to easier get their coins. While choosing your Bitcoin broker, buyer must be careful, because there are some companies that only want to abuse credit card information and other private information. Also, some brokers are available only in certain countries so do the research before decision.Coinbase is world largest Bitcoin broker, with the limitation of $150 or €150 of Bitcoin per week, with the 3.99% fee, paid with credit or debit card in United States, Canada, Europe, United Kingdom, Europe, Australia and Singapore. Coinmama is Bitcoin broker that works only in some US states with the fee of 6% and limitation of purchase $5000 per day or $20000 per month. Europe\'s most reliable and trusted broker is BitPanda with the fee between 3% and 4%, but the one bad characteristic of this broker is that purchase fees are not shown openly on the site, but fee is included in buying price.
All of these brokers are mostly the same, with the idea to make buying Bitcoin easy, mostly differs with the purchase fee, limitation, and the countries where they are operating. To use any of these brokers, if you are buying Bitcoin, first thing you need is Bitcoin wallet, online or hardware wallet, that is up to your preference. After getting the wallet, you need to create account on the broker\'s site, choose a payment method, connect your account to your credit or debit card and after all connect account with the Bitcoin wallet and that is pretty much it.
People need to choose payment method that is best for their needs, for example many buyers are using credit card as a payment method because bank transfers offer cheaper rates. Exchanges needs your private information and location, so getting this information ready could speed up the time needed to validate a buyer\'s account.