Coinbase is the most popular company today for buying Bitcoins. Coinbase has been around since 2012 as has over 7.4 million users. Coinbase allows you to buy, sell, and store your bitcoins in one place. Coinbase utilizes 2-factor authentication to log in. In plain words- it’s about as safe and secure as it gets.
Coinbase allows users to purchase via bank transfer (log in with your bank account), wire, credit card, and debit card. To this day, Coinbase remains the fastest and most reliable method of obtaining bitcoin, ethereum, and litecoin.
You can sign up for Coinbase here!
When you purchase from Coinbase, you are purchasing from their supply of coins. This is subject to fees of 4%. While this is quite low and worth it for the convenience, you can lower the fees to 0.25% when you purchase from other peers on their exchange GDAX.
Another advantage of GDAX is you set what price you would like to buy or sell at rather than being locked in at market value. When you place an order this way, you bypass the 0.25% fee.
To sign up for GDAX, simply create a Coinbase account here, and use the same login and password on GDAX.com.
Local Bitcoins is one of the very few ways to buy Bitcoins with Cash, Paypal, or Giftcards. I
Local Bitcoins connects buyers and sellers so they can meet in person or conduct business through email. Since the seller takes a big risk of getting chargebacks from scammers, there is a high fee typically added to the transaction. The advantage is that you will usually get your Bitcoins fast and without needing a bank account or a credit card.
If you go the Local Bitcoins route, make sure you chose a seller or buyer with very good feedback.
You can sign up for Local Bitcoins here.