The entire world was shaken when the value of Bitcoin suddenly surged to $20,000 in the year 2017. Since that record high, the cryptocurrency market still believes that the future generations will transact with this medium of exchange. If you are worried that you will be left behind in the race and want to pursue your investment in Bitcoins then keep reading.

Buy in the old fashioned way

A direct transaction with a seller is one of the most lucrative, convenient, and private ways to purchase Bitcoin. Go to bitcoin meetups and look for sellers willing to sell crypto for cash. If you are living in Montreal then you will find many meetups in your neighborhood.

Buy through ATM

Bitcoin ATMs appear everywhere in Montreal and provide a simple way to invest in cryptocurrencies. According to the relevant legislation, this option is normally not as private as a direct peer-to-peer enterprise, but these machines may give cryptographers a simple on-ramp for customers to share their personal information. Go to an online site and it will locate the nearest machine. You can pick the location which type of cryptocurrency you want to buy.

Select the right broker for Bitcoin

If you are a first-time buyer then an exchange will be one of the best places to make the deal. There are many exchanges for different performances. Some of them are less reliable than others and others may be very small, so it is important to start with the correct exchange.

Choose your method of payment

Exchange companies accept a range of payment options depending on what they are prepared to use. For many exchanges, it is recommended to use VPN (go here to download VeePN https://chrome.google.com/webstore/detail/veepn-unlimited-free-fast/majdfhpaihoncoakbjgbdhglocklcgno). You can swap Bitcoin in compatible cash wallets with Bitcoin ATM. Many online wallets and exchanges are not directly involved in money.

Use the currency

Even if you plan to resale it later, make some purchases with it to avoid the panic rush in times of crisis.