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5 best cryptocurrency exchanges to buy bitcoins with Debit/Credit and many more payment modes.

Bitcoin was released in 2009 as a new digital currency known as a cryptocurrency and has proven to be a very large investing opportunity. You're here because you've completed some research and are starting to understand the opportunity and potential that cryptocurrency has! 99.9% of people do not invest in cryptocurrency because they've never heard of it, or don't understand it! 2017 was a huge year for Cryptocurrency! Bitcoin quadrupled in price, many countries around the world recognized it as a form of currency, it received a ton of news coverage and online interest because of the value increase of Bitcoin and the implementation of the blockchain technology in the medical, banking and tech industries to securely store and track information.

Bitcoin's price since released:

June 2009 1 BTC = 0.0001 USD

June 2011 1 BTC = 15 USD

June 2013 1 BTC = 100 USD

June 2015 1 BTC = 220 USD

June 2017 1 BTC = 2420 USD

June 2019 1 BTC = 9000 USD

June 2021 1 BTC = 60000 USD

Bitcoin was designed with the intent of becoming an international currency to replace government-issued (fiat) currencies. Since Bitcoin’s inception in 2009, it has turned into a highly volatile investing asset that can be used for transactions where merchants accept it.

Bitcoins, ethereum, litecoin, tether are some new names for us all but this market for altcoins was created way back 10 to 15 years ago. 2020 has been the year of Covid 19 and also the year of Bitcoins. The increase in prices of BTC has been phenomenal in 2020. The digital form of currency also know as cryptocurrency has garnered interest from all corners, wall street and many other business's. It is safe, convenient and ease of use has made it the next big thing.

I personally think Elon Musk's tweet regarding BTC and Tesla buying bitcoins worth 1.5 billion USD paved the way and brought the world of cryptocurrencies into Limelight. Tesla has even started providing BTC as a mode of payment for buying their high end user friendly electric vehicle's. Soon, all major corporations started following suite. Now everyone has an interest in trading or acquiring bitcoins. The market cap for Bitcoins is expected to reach trillion $ soon. Bitcoins as a mode of payment is increasing day by day as more and more corporations have started providing the option. Once Bitcoins established it's name and market cap, newer and improved cryptocurrencies have started emerging. Litecoin, dogecoin, ethereum to name a few. There are now hundreds of altcoins and many more form of digital currencies have started gaining attention of everyone.

As of now, there are over 5,000 cryptocurrencies listed on Coinmarketcap and probably hundred's new one's are being created as I write this article. There would be twice as many that you’ll never know about in coming days and months. That’s a lot. So, is it something to invest on and make money?

To answer that question, we need to explore the world of altcoins — up-and-coming coins that you can buy for cheap. That’s because it pays to get in early. For example, $1,000 invested in Ethereum’s initial coin offering (ICO) would be worth $3.3 million today. Meanwhile, $1,000 invested in bitcoin today might earn “just” 4-5x upside if you believe JP Morgan’s lofty $146,000 target price by year end. But there are also significant risks because cryptocurrencies have no intrinsic value. Instead, their worth comes from their users. The more users a coin has, the more useful it becomes, and the higher its price goes. But when a coin falls out of favor, there’s nothing to stop it from going to zero. That means investing in cryptocurrency requires strong belief that others will eventually buy it from you for even more. With so many coins out there, it’s often hard to know even where to begin. Cryptocurrencies are one of the fastest-growing asset classes, and Bitcoin holds around 69% of its market share. The price of Bitcoin is highly volatile, i.e., the cost may swing far up and down from the average price of the currency on an hourly basis. But such volatility in the market serves as an advantage to risk-friendly investors and traders looking to make quick and high returns from their investment.

For instance, suppose you take a look at the price data of Bitcoins, you will find that in just a decade, the value of Bitcoin has risen from zero to 60k Usd. It is only logical that more investors want to hold a piece of this asset. The economy-wide increase in the prices of goods and services over time is called inflation. It diminishes the purchasing power of money. Bitcoin was initially designed as a deflationary asset. Its limited supply and Bitcoin Halving act as catalysts against inflation. Earlier people used to invest in gold as an asset to protect them against inflation. Over the past couple of years, more people find Bitcoin to be a better alternative asset. Even institutional investors are converting their cash into Bitcoin to protect their finances against inflation.

Below are some good options to buy crypto using debit/credit cards:

1. Paxful- This is a peer to peer exchange and works very well with more than 350 payment options.


2. Mercuryo - Credit/Debit card option available and along with this google pay and Apple Pay support has been added as well


3.Coinmama- Again credit/Debit card are supported and INR currency as well so as to avoid conversion to USD or Euro.


4. Phemex- This allows purchasing Bitcoins or any other altcoins via Credit/Debit and other major payment options. Highly recommended.


5. Binance- Multiple payment modes including pay by bank account or bank card.


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