Are you contemplating buying Bitcoin? It is still never too late and hop on the profitable bandwagon of Bitcoin and other cryptocurrencies or Altcoins. However, you will need to find the right place to swap your fiat money for precious cryptocurrencies. To make things worse, there is a smorgasbord of confusing exchanges to buy and sell crypto coins. Luckily, you can easily swap fiat for Bitcoin with our list of the best fiat to crypto exchanges.
These platforms are safe, trusted by millions of users and suitable for beginners looking to get their feet wet in the ever-evolving and volatile world of cryptocurrencies.
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What are Fiat to Crypto Exchanges?
A fiat to crypto exchange is a platform where users can swap fiat money to crypto and vice versa with low fees and usually very quickly. Some of the best fiat to crypto exchanges provide a hassle-free way to easily swap your fiat money (Dollars, Pounds, Euros, Yen, Peso, etc) into truly digital money or cryptocurrencies such as Bitcoin, Ethereum, Monero, Cardano, Dogecoin, Litecoin to name a few.
What is the difference between a Fiat-to-Crypto and Regular Exchange?
Regular crypto exchanges only allow users to swap one type of cryptocurrency with another. For instance, you can buy Bitcoin Cash with Ripple. You can check out this guide of the best crypto exchanges where you will be able to exchange one cryptocurrency with another. Alternatively, you can also learn how to convert Bitcoin to cash with peer-to-peer exchanges.
However, Fiat to Crypto exchange platforms are very essential and helpful for newcomers to easily trade and invest their fiat money into profitable crypto coins. So without further ado, let’s dive right in.
8+ Best Fiat To Crypto Exchanges in 2022
1) Binance
Perhaps the biggest cryptocurrency exchange in the world, if you are starting out in crypto, then look no further than Binance. Sporting an easy to use and intuitive interface, Binance offers an array of cryptocurrency pairs, competitive fees and helpful customer support. Based on trade volumer alone, Binance has overtaken many of its peers.
All in all, it is a safe exchange for those who want to convert their fiat into some lucrative crypto currencies such as Bitcoin (BTC), Ether (ETH), Cardano (ADA), Dogecoin (DOGE) or Monero (XMR).
2) Changelly
Changelly is one of the best fiat to crypto exchanges that also doubles as a fiat-crypto exchange broker where you can flexibly convert your money into Bitcoin, Ethereum and other popular cryptocurrencies from anywhere in the world.
It boasts a simple UI where you can exchange fiat to crypto or vice-versa with extremely fast money transfers. What’s more, inter swapping between a plethora of cryptocurrencies is also possible.
3) eToro
Trusted by legions of crypto enthusiasts in over 100 countries around the world, eToro is a regulated crypto exchange that functions as a nifty social trading network. What sets it apart from other fiat to crypto exchanges is that eToro also offers robust copy trading and allows users to seamlessly switch fiat to cryptocurrencies that run the gamut from Bitcoin (BTC) to Cardano (ADA) and Monero (XMR).
4) Coinbase
With a staggering presence in over 100 countries, the massively popular cryptocurrency exchange Coinbase is no stranger to fiat currencies. Since its inception in 2012, Coinbase has been bridging the gap between digital cryptocurrencies and fiat money thanks to its plethora of offerings such as a nifty storage wallet and a bustling trading platform where both merchants and consumers can transact fairly.
Coinbase is one of the best fiat to crypto exchanges where you can easily swap fiat money for Bitcoin, Ethereum, Monero and Litecoin among others with ease and grace. The platform makes it easy for anyone to buy or sell cryptocurrencies Regardless of your experience, whether you are a beginner or institutional investor, Coinbase offers pretty straight forward options to buy or sell coins on its platform without confusing price charts, technical jargons, et al.
5) Crypto.com
Symbolic of its name, Crypto.com is a digital asset platform where you can buy and trade in numerous cryptocurrency products. A solid user base of over 1 million users on its platform, gives Crypto.com the heft to become an alternative to traditional financial services.
Crypto.com makes it easy to buy/sell/trade/store/lend or even earn crypto easily via its mobile app on both Android and iOS mobile devices.
6) CEX.IO
Perhaps one of the oldest cryptocurrency exchanges in the world, CEX is a world-class exchange that was established in 2013. With its multi-level account system, both Bitcoin newbies and professional crypto traders can seamlessly exchange fiat for cryptocurrencies.
CEX.IO is one of the best fiat to crypto exchanges that is reliable and offers stability to transactions backed by safe cold cryptocurrency storage, robust legal compliance, and user account security measures. Which is why, there has been no incidents of theft of funds or hacked accounts on CEX’s platform ever since its inception.
7) Coinmama
Looking for a hassle-free and swift way to buy cryptocurrency from anywhere in the world? Look no further than Coinmama. Thanks to its widespread support for fiat currencies such as USD, GBP, AUD, EUR, and CAD, Coinmama makes it a cinch to deposit money and exchange crypto coins of your choice.
For starters, Coinmama accepts a plethora of deposit methods to buy Bitcoins such as VISA debit and credit cards, Mastercard hence making crypto an accessible digital currency for hundreds of thousands of budding investors.
8) ChangeNOW
Rounding off our list of the best fiat to crypto exchanges is ChangeNOW, a crypto swap platform that an instantly exchange one coin to another. With support for over 170 cryptocurrencies, you can trade various digital currencies and receive or sent crypto coins directly to the recipient’s hardware wallet.
ChangeNOW offers competitive crypto-to-crypto rates by aggregating prices from leading exchanges. As soon as the best price for a crypto asset is locked in by the platform, users have limited time to finalize the trade by depositing funds and subsequently the transaction is finalized on the blockchain.