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WHAT IS BITCOIN ?

In simple words, Bitcoin is a decentralized advanced cash, without a national bank or single manager, that can be sent from one client to another on the shared bitcoin network without the requirement for middle people.it follows the ideas setout in whitepaper by the mysterious and pseudonymous satoshi nakamoto.

Nepal is developing country with people having interest on investing in cryptocurrencies safely and securely! so, Here are the list of top 5 easiest exchanges to buy and sell bitcoin and other cryptos.

Before You Buy Bitcoin:

There are a few things that each trying Bitcoin financial backer requirements. A digital currency trade account, individual ID reports on the off chance that you are utilizing a Know Your Customer (KYC) stage, a safe association with the Internet, and a strategy for installment. It is likewise suggested that you have your very own wallet outside of the trade account. Legitimate strategies for installment utilizing this way incorporate ledgers, check cards, and Mastercards. It is likewise conceivable to get Bitcoin at specific ATMs and through P2P trades. In any case, know that Bitcoin ATMs were progressively requiring government provided IDs as of mid 2020.

*Quick List of top 5 exchanges*

1.Paxful

2.coinbase

3.Binance

4.eroto

5.cex

                                                                         1.Paxful

  Paxful fills in as a distributed Bitcoin exchanging stage. Set up in 2014, the shared commercial center permits purchasers and dealers to cooperate by posting exchange offers. Clients can decide to make buys utilizing PayPal, MoneyGram, Amazon/iTunes gift vouchers and a lot greater installment techniques.

The Paxful UI is easy to utilize and simple to explore. The sign-up and check measure is smooth and careful.

PAXFUL holds 1st Rank in our list Because it include Esewa as payment method ( easiest payment for Nepalis )

*PROS

Escrow framework 

Security 

Different installment techniques 

Basic (UI) 

Wide assortment of merchants 

*CONS

Risk of Getting Scammed ( always check for id verification)

                                                  2.CoinBase

Coinbase is the prevailing U.S. cryptographic money trade that is known, utilized and trusted by a large number of clients around the world. The a-list UI is both vivid and open and there is even a versatile application accessible for Android and iOS. 

for those looking to purchase the most popular cryptocurrencies with fiat money, Coinbase remains one of the most secure and used options out there. It features an easy-to-use interface that makes it great for those looking to get into buying and trading cryptocurrencies for the first time. Processing times can be lengthy though, typically lasting between three to five days, another reason why this service caters more toward those looking into cryptocurrencies for the first time than those looking to make serious trades.

*PROS

Set up standing 

Easy to use interface 

High liquidity 

Huge buying limits 

Solid security

                                      

*CONS

Slow Bank Transfers

Late support respond time

                                                          3.Binance

Binance is a top notch trade for experienced merchants who are searching for a decent cryptographic money commercial center to perform continuous exchanges. 

With over 166+ digital forms of money accessible, the two novices and progressed merchants have a bunch of apparatuses and sets accessible to them inside one amazing exchanging stage. Binance accepts payment in 50+ currencies.

*PROS

Reliable administration 

High volume trade 

Low expenses 

Countless cryptographic money sets 

Worldwide help

*CONS

Fews Payment methods

                                                       4.Etoro

eToro is an innovative and versatile trading platform where you can trade stocks, ETFs, currencies, cryptocurrencies, incides, and commodities.

Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).

*PROS

Different determination of business sectors 

Magnificent standing 

Easy to understand interface 

Extraordinary client assistance 

Low expenses

*CONS

Bitcoins can only be withdrawn in the form of fiat currency

                                                            5.Cex

Cex.io began in 2013 as a Bitcoin trade and cloud mining supplier which has since become a multi-utilitarian trade, trusted by over a large portion of 1,000,000 clients. The trade has fostered a staggered account framework with an individual way to deal with every client, from Bitcoin fledglings to institutional brokers. Overall inclusion, various installment choices, and all day, every day support are joined by time-demonstrated stage steadiness that ensures the security of resources and information.

The CEX.IO worked on stage makes moment bitcoin purchasing and selling simple. The CEX.IO application can be found on the two iOS and Android.

*PROS

Set up and dependable 

Upheld around the world 

Low charges 

Basic Visa buys 

Clean UI

*CONS

Verification system requires private data 

Extensive confirmation time

READ MORE>>  ABOUT BITCOIN MINING AND INVESTING IN NEPAL