Want to jump straight to the answer? According to our experts, Bitcoin (BTC) is a good investment with an investment grade rating of 4.2/5 based on the user behavior, developer activity and market maturity factors that trying to assess the overall health, applicability and probability of growth of the project.

You can Buy Bitcoin with Credit Card or Debit Card in 3 easy steps:

  • Make a Bitcoin wallet - we suggest Zeply wallet.
  • Fund your Bitcoin wallet: Pay with your Credit Card or Debit Card and receive your BTC.
  • Buy and sell BTC instantly by signing-up and starting a transaction on TradeOr just by providing your wallet address.

In the following sections, we will explain the process to buy Bitcoin (BTC) with credit card or debit card in greater detail.

Please note that Cryptocurrency investments are high-risk investments. Any investment decision is under the responsibility of the individual.

4.2 / 5

Rating breakdown

FCAS Score
89.4%
4.5/5
Market Opportunity
98%
4.9/5
Underlying Technology
82%
4.1/5
Ecosystem Structure
94%
4.7/5
Core Team
80%
4.0/5
Roadmap Progress
66%
3.3/5

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Did you ever think of making money with Bitcoin? What is the best way to invest in Bitcoin? Learn How, When and Where to Buy Bitcoin in 2021.

Bitcoin Review and Analysis

Overview

Where and How To Buy Bitcoin - BTC Buying Guide

Bitcoin was the first-ever cryptocurrency to be launched globally since it was first introduced back in 2008. What is intriguing is that so many years after its creation, nobody is still certain about who actually was Bitcoin’s original creator, since that person is still only known under the pseudonym Satoshi Nakamoto.

    By the end of the guide, you should know the following:
  • A brief history of Bitcoin.
  • What Bitcoin can be used for.
  • If Bitcoin is a good or a bad investment.
  • How to buy Bitcoin.
  • Where to buy Bitcoin.

Usability

As a pioneering endeavour, aspiring to offer a true alternative for fiat currencies, Bitcoin is a digital currency based on a distributed ledger technology named blockchain. Being both fully decentralized and fully digital, Bitcoin eliminates the need for centralized intermediaries like banks and credit card companies when Bitcoin transactions occur.

The creation of Bitcoin per se was also seen as an ideological statement since the vision was to enable the separation of monetary policies from national states and national governments and provide people with the freedom to transact independently. Bitcoin creators were critical of bad monetary policies, which they felt could lead the world into disaster. To provide people with a viable and trusted alternative to fiat currencies, which are issued and controlled by governments, Bitcoin was created based on sound financial principles and ensuring both transparency and privacy, in order to safeguard Bitcoin’s value and use.

Pros and Cons of Buying Bitcoin

Bitcoin Pros and Cons
Benefits Risks
Widespread institutional involvement making it a store of value and fiat hedge High transaction fees
First mover advantage/name recognition = head start on real world adoption Scalability issues = slow transaction times
Deflationary fully decentralised tokenomics Huge environmental cost due to proof-of-work concept

The Benefits of Bitcoin

The primary reason why BTC is comfortably among the top 10 cryptocurrencies in the world, is that it is the oldest around and thus the most proven and most established one. Consequently and naturally, it boasts the biggest community of developers and investors backing it for further growth and pushing for it to become even stronger and more popular.

As it is supported by all the top exchanges and e-wallets, purchasing Bitcoin is very easy and accessible, even for absolute beginners.

Bitcoin is rapidly becoming mainstream and is being adopted and accepted as an alternative means of payment by an increasing number of vendors and for an increasing number of transactions for buying goods and services.

Things we didn't like in Bitcoin

As its usage increases, Bitcoin seems to be having a hard time scaling up, primarily due to very slow transaction speeds. It is not uncommon for a Bitcoin transaction to take more than 10 minutes to get through, since its network can only process about 7 transactions per second.

In addition, the all-important activity of mining, which is crucial for any cryptocurrency, has become highly energy-intensive in the case of Bitcoin, due to the fact that it requires very powerful hardware which is both very expensive and energy-intensive, needing a lot of electricity.

Moreover, and especially when compared to newer cryptos, Bitcoin comes with relatively high transaction fees which render it less attractive.

Historical performance

The historical performance of BTC reflects its success since, while in 2010, you could get 1 Bitcoin (BTC) for less than a dollar in December 2017, the price of one BTC reached a record high of $17,900. In fact, BTC grew by almost 2000% in 2017 alone. Though like other cryptos BTC did see a huge dip in early 2018 and though fluctuations are commonplace, spurred by the pandemic it has recently hit new highs.

Bitcoin price charts

Bitcoin Price Chart

BTC’s market capitalization of is estimated around $163 billion and its market share is around 36% of the total cryptos volume. Since it was the first crypto to be launched and has the longest track record it is also undoubtedly still the most popular cryptocurrency in the world.

Bitcoin (BTC) Future Price Forecast Predictions

Bitcoin Price Predictions
Year Low High
2021 $21,400.00 $150,000.00
2022 $65,000.00 $256,000.00
2025 $185,000.00 $650,000.00

* The prediction figures outline some of the Potential high and low of Bitcoin (BTC) price prediction forecasts for the years 2021, 2022, and 2025 based on the data collected from various sources meant strictly for educational purposes only and not taken as investment advice.

Bitcoin (BTC) Price Prediction for the year 2021

By the end of the year 2021, using forecast and algorithmic analysis, our price prediction forecasts suggest that one Bitcoin will reach an average price of $85.5, which will be an impressive 0% growth from it's current market price.

Bitcoin (BTC) Price Prediction for the year 2022

By the end of the year 2022, our price prediction forecasts suggest that one Bitcoin will reach an average price of $160.5, which will be an impressive 0% growth from it's current market price.

Bitcoin (BTC) Price Prediction for the year 2025

By the end of the year 2025, our price prediction forecast suggests that one Bitcoin will reach an average price of $417.5, which will be an impressive 1% growth from it's current market price.

Where Can You Buy Bitcoin

There are several online sites and platforms where people from across the globe can buy Bitcoin at good exchange rates and with low or no transaction fees. To aid your quest we have comprised a list of some of the most popular methods and platforms to buy Bitcoin from and your strongly advised to consult this list before making your first purchase of or investment in Bitcoin.

The Best Crypto Trading Platforms in 2021

How to Buy Bitcoin with Credit or Debit Card on TradeOr

4.7 / 5

Rating breakdown

Security
90%
4.5/5
Ease of Use
100%
5.0/5
Tradable Assets
80%
4.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
100%
5.0/5
Support
90%
4.5/5

Things we liked:

 Zero commission policy
 Customers support is available 24/7
 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 No demo account
 TradeOr offers only one payment method – bitcoin

How to Buy Bitcoin with Credit or Debit Card on Binance

4.7 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
90%
4.5/5
Tradable Assets
100%
5.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
100%
5.0/5
Support
88%
4.4/5

Things we liked:

 One of the most trusted brands in crypto
 Very fast, easy to use interface
 Binance offers extremely low transaction fees

Things we didn't like:

 Can be overwhelming for people who are new to crypto or trading

How Can You Buy Bitcoin

It only takes a few easy steps to buy Bitcoin with credit card instantly. Speed matters - get instant confirmation, minimal registration & KYC verification!

    By the end of the guide, you should know the following:
  • Click the Buy Now button.
    Buying Bitcoin with debit card is easy, fast and risk-free. All you need to do is click the “Buy Now” button and then be safely directed to the check-out page.
  • Fill in the fields.
  • Proceed to checkout.
  • Receive your Bitcoin.

Bitcoin investment analysis

To the dilemma of whether to invest in BTC or not, the answer is pretty simple: a Bitcoin investment is worth it most of the time in the long term. Most challenges emerge from bearish market conditions or regulatory issues since those are often raised in order to prevent digital currencies from truly becoming mainstream and threatening the dominance of fiat currencies. However, as time goes by we see a growing number of institutional investors buying crypto, which can be seen as a clear sign as to where things are heading.

BTC is perhaps the easiest virtual currency to purchase, as it is always a reference pair against most other coins in exchanges all over the world. Moreover, it is also the bridge and gateway for investing into other, newer, or less popular cryptos, which fiat pairing is not available on exchange platforms. A recent trend also reveals that Bitcoin is becoming a store of value, similarly to gold, and once its volatility stabilizes chances are that this will materialize.

Risks of Investing in Bitcoin

Is Bitcoin a Good Investment?

The biggest risk with investing in Bitcoin is that it often experiences huge price fluctuations, with its price literally going up or down thousands of dollars in a matter of few days. If such fluctuations are not your cup of tea and stress you out, then perhaps you should avoid heavily investing in Bitcoin. However, if you are not completely risk-averse and may afford to tolerate such fluctuations, then a Bitcoin investment may well be just the type of smart long-term investment that you are looking for.

Tips on How to Invest in Bitcoin and Make a Profit

There is no guarantee that you will make a profit when you invest in Bitcoin. However, to give yourself the best chance possible we have hand-picked the three most valuable such strategies, which you can find below:

  • Tip 1: Set your own specific Financial Goals
  • Tip 2: Dollar-Cost Average Your Bitcoin Investments
  • Tip 3: Diversify Your Bitcoin Investment

Overall Conclusion – Final Thoughts

In this guide, the aim wasn’t only to answer simple questions like “how to buy Bitcoin?” or “where to buy Bitcoin?”. Instead, the goal was to equip you with the relevant knowledge and insight to be able to see and understand the bigger picture as well as make your Bitcoin investment journey as successful and as profitable as possible!

Bitcoin Frequently Asked Questions (FAQs):

Is there an official Bitcoin website?
There is no Bitcoin's official website. Just like with so many other things, nobody owns the Bitcoin network but everyone can use it.
Can Bitcoin reach $100000?
Yes, the price of Bitcoin can reach $100000. If the cryptocurrency market rebounds and Bitcoin reaches new highs, there is potential for it to reach the $100000 level later this decade, according to some forecasts if the developments happen as per the Bitcoin's roadmap. But if Bitcoin that is currently at $34,197.20 with a daily trading volume of $33723767726 is unable to break through resistance it could retreat and fail to meet that level.
What is Bitcoin price prediction for the year 2021?
Bitcoin might reach $85.5 by the end of 2021.
What will be the Bitcoin price prediction for 2022?
Bitcoin might reach $160.5 before the end of December 2022.
Will the Price of Bitcoin (BTC) Go Up in 2025?
Yes, the price of Bitcoin will probably go up in 2025. According to the predictions, the price of Bitcoin could reach between $185,000.00 and $650,000.00 by the end of 2025.
What is the best way to buy Bitcoin?
Perhaps the Easiest way to buy is by directly purchase Bitcoin with credit card on Binance. It only takes a few easy steps to buy Bitcoin with credit card instantly.
  • Click the Buy Now button.
  • Fill in the fields.
  • Proceed to checkout.
  • Receive your Bitcoin.
What is the best way to store Bitcoin?
Perhaps the safest place to keep your Bitcoin are hardware wallets. Only keep Bitcoin on an exchange while you're trading.
Which wallet should I use to store Bitcoin?
Although there are some recommendations throughout the site with respect to which crypto wallet to use for storing Bitcoin, it is advisable to always conduct your own due diligence before trusting money to any third party or third-party technology.
Should I buy Bitcoin? Is Bitcoin a good Investment?
Many people want to invest in Bitcoin (BTC). According to our experts, Bitcoin is a good investment with an investment grade rating of 4.2/5 based on the user behavior, developer activity and market maturity factors that trying to assess the overall health, applicability and probability of growth of the project. Having said that perhaps is a good idea to buy Bitcoin due to Bitcoin following properties and characteristics:
  • Widespread institutional involvement making it a store of value and fiat hedge
  • First mover advantage/name recognition = head start on real world adoption
  • Deflationary fully decentralised tokenomics
How to Buy Bitcoin (BTC) in the UK with GBP (2021)?
The best and the cheapest way to buy Bitcoin in the UK is with Binance. With Binance, you’ll be able to buy Bitcoin (BTC) at the real exchange rate without paying high fees (max 1%). There are six steps to the buying process:
  • Register on Binance and complete their user verification process.
  • Go to the Buy Crypto tab on the top-left of the website.
  • Change the to Pay With Currency to GBP
  • Select the pay with Debit card option.
  • Select Bitcoin as the coin to buy on the next screen.
  • Click Buy Bitcoin and review the order details.
  • Complete the payment.
  • You can view the purchased Bitcoin by going to Wallet > Fiat and Spot from the top-right menu.

However, Binance isn’t exactly a beginner friendly way to buy Bitcoin (BTC). Let's just get straight to the point:

Best places alternative to Binance to buy Bitcoin (BTC) in the UK
Where to Buy Bitcoin (BTC) in the UK with GBP
Provider Payment Method Fees (Approx.)
Kraken UK Bank Transfer < 1%
Wirex Debit Card Fees 2.5%
Crypto.com Debit Card Fees 2.99%
Coinbase Debit Card Fees 4%
Cryptopay Debit Card Fees 4%

More information on legal and regulatory status of crypto assets in the UK can be found on our latest publication on How to buy Bitcoin in the United Kingdom

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