Bitcoin saw a huge drop from its all-time high of $64K to the current price of $35K, seeing almost a 50% price drop in a matter of a few weeks.
No one knows for sure how much more the price will drop or for how long this trend will continue but one thing is certain, that bitcoin will bounce back and start a new bullish trend in the future.
While there is no certainty or timeline for that to happen the best to do now is to HODL and/or to buy.
If you are new to crypto and looking to buy some satoshis here are some top options to get you started:
India
WazirX is Indiaβs most trusted bitcoin exchange offering a robust platform to buy/sell cryptocurrency with a ton of altcoin support.
In Nov. 2019, WazirX was acquired by Binance, a global leader in cryptocurrency exchange.
WazirX levies a 0.2% fee for all exchange transactions
USA:
Coinbase is one of the most popular and perhaps the easiest ways to buy bitcoin in the USA.
Coinbase offers a suite of crypto products for both individuals and businesses, including a trading platform, crypto wallet, Stable coin (USD Coin), payment gateways, and much more.
Europe:
Bitpanda is an Austrian cryptocurrency exchange established in 2014. It offers an easy-to-use platform and multiple payment options to buy bitcoin.
Bitpanda levies a fee of 1.49% for buying or selling bitcoin on its platform.
P2P:
P2P platforms are exchanges that directly connect bitcoin buyers and sellers. There is no centralized exchange that acts as a mediary instead the transactions are protected by smart contract-based escrow.
The most popular P2P platforms are:
- Local Bitcoins
- Paxful
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