In Cyprus, Bitcoin is legal. Numerous platforms support numerous methods for buying Bitcoin. Here are some of the top options when it comes to buying Bitcoin if you live in Cyprus.

Binance

Binance is one of the leading crypto exchanges for Buying Bitcoin in the world. It is a great platform for Cypriots looking for a place to conduct real-time trades. The exchange supports over 1600 crypto coins. It is designed to support both advanced and beginner traders using numerous tools on the platform. The platform accepts deposits in EUR, USD, KRW, AUD, GBP, RUB, and many others.

Some of the benefits of using the Binance exchange include a great reputation, low fees, a huge number of supported coins, and high liquidity.  

Coinbase

Coinbase is a reputable US-based crypto exchange that is used by millions around the world. It offers users a great user interface. Additionally, it comes with a mobile app for Android and iOS devices that is a feature-full as the web portal. The platform accepts deposits in GBP, EU, CAN, USD, SGD, and the AUS.

Some of the benefits of using Coinbase include high liquidity, user-friendly UI, a great reputation, and reputable storage security.

Bybit

Bybit is a crypto derivatives exchange based in the British Virgin Islands. The exchange was launched in 2018 and it has over a million registered users. Bybit focuses on attracting seasoned crypto traders looking for advanced trading opportunities. Users of the exchange have access to perpetual futures trading with leverage of up to 100X.

New users will receive a $10 bonus in BTC once they make their first trade on the BTCUSD Inverse Perpetual or Futures Contract.

The platform supports three order types, which are Market, Limit, and Conditional. Deposits and withdrawals on the platform are quick and safe. Bybit has a robust security management system that relies on reputable SSL certification, and 2FA. Users also get access to an advanced Mark and Index pricing system.

 Users will also have access to the Bybit testnet that lets them know the platform works great before they invest any of their funds.

CEX.IO

CEX.IO is a multifunctional crypto exchange that is used by millions globally. The platform allows users to buy BTC with their credit cards with ease. Numerous payment options are supported on the platform. They include SEPA, SWIFT, Faster Payments, and ACH. The platform provides users with 24/7 customer support. Deposits can be made in EUR, USD, GPB, and RUB.

Some of the benefits of using this platform include a great reputation, low fees, simplified credit card crypto purchases, a great UI, and global support. The only downside is the verification process, which is lengthy and requires many personal details.

Etoro

Etoro operates as a multi-asset platform that supports trading in crypto, stocks, and CFDs. For those planning to invest in CFDs, you should note that they are highly complex trading instruments with high risk due to leverage.

Etoro has been democratizing traditional money management to give access to the markets to the masses since 2007. Users of Etoro can make deposits using wire transfers, bank transfer e-wallets like PayPal, Skrill, and Netter, and bank cards.

There is a minimum deposit amount of $50 for new users. Customers can withdraw funds at any time without any fees being charged by the platform. Deposits can be made in USD, EUR, JPY, AUD, CAD, and CNH.

Some of the benefits of using Etoro are access to diverse markers, user-friendly UI, great customer support, and low fees. One downside is that any Bitcoin a trader owns on the platform can only be withdrawn in fiat currency.

Summary

 All the above-mentioned crypto exchanges are reputable and reliable. They offer users access to great trading tools and great customer support. Because of their large user bases, traders can expect high liquidity that allows them to trade and make a profit 24/7 in the crypto markets.

Author : CyprusNewscy

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