https://ift.tt/LMFtUE0 To Buy Bitcoin in Armenia?

How did Binance become so big so quickly? There are various reasons – low trading fees, professional attitude, the large number of cryptocurrencies supported by the platform, and friendly and transparent CEO. Some of the features available on Binance are Earn (locked and fixed savings, DeFi staking, and yield farming), Pool (join their mining and staking pools and earn rewards for keeping your chosen blockchains safe), Liquid swap, Liquidity pools, Automated trading bots, spot trading, futures and margin trading, and P2P trading.

Deposit fees:
Free
Withdrawal fees:
Vary from crypto to crypto
Trading fees:
0.1%
Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

  High liquidity
  It supports a large number of crypto assets
  Widely considered the largest crypto platform
Various advanced features and services
One of the lowest fees among top exchanges

Not available in the US
Not fully registered
Hacked in 2019

Bitstamp has over 4 million users. Due to its longevity on the crypto market and the large base of users, Bitstamp is one of the most secure and safest exchanges in the crypto universe.
The main features of the exchange are buying and selling cryptocurrencies, spot trading, and staking. Bitstamp does not support the margin of future trading.

Deposit fees:
0 – 5 %
Withdrawal fees:
Sepa – 3 EUR, ACH – Free, Credit cards – 5%, International wire – 0.1%, and crypto – depends on the asset (0.0005 BTC)
Trading fees:
0 – 0.5 %
Payment Methods:
Credit/Debit Card, ACH Transfer, SEPA, USD Wallet, Faster Payments, and International Wire.
Supported fiat:
USD, EUR, GBP

  It is one of the oldest crypto exchanges
  Useful for both beginners and experienced traders
  Low fees
Security and reputation on the high level

The limited number of coins supported (50)
No margin or future trading
The limited number of coins available for staking (2)

Paybis supports 180 different countries all around the world. Their goal is to provide their users with a stable, safe, secure, and easy-to-use platform that has non-stop 24/7 customer support. Paybis is registered with FinCEN as a Money Services Business. The exchange supports 38 different cryptos, including the most popular cryptocurrencies like Bitcoin, Bitcoin Cash, Binance Coin, Ethereum, Litecoin, Litecoin, etc.

Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
0.99 – 2.49 %
Payment Methods:
Bank Transfer, Credit/Debit Card, Skrill, and Neteller.
Supported fiat:
USD, EUR, GBP, and 40+ more

  Instantaneous transfer of funds from your wallet
  Solid security
  Transparent fees and fast transactions
24/7 support that is multilingual

Just 38 cryptocurrencies supported
Trading fees higher than the market’s average

Bottom Line

Pros

Cons

There are two types of trades for CoinSmart’s users – a single trade and a double trade. Single trade includes trading crypto against fiat or BTC and the fee for this type of trade is 0.2%. Double trade includes trading of two crypto assets, other than Bitcoin. The headquarters of the company is in Toronto, Canada. There are no advanced services such as lending, borrowing, staking, or margin trading. The exchange is regulated.

Deposit fees:
0 – 6 %
Withdrawal fees:
1% ($15 Minimum)
Trading fees:
0.20% for a single trade and 0.40% for double trade
Payment Methods:
Interac E-transfer, Bank draft, SEPA, Wire transfer, Credit card, Debit card, Simplex, and Crypto assets
Supported fiat:
CAD

  The deposit and withdrawal process is easy and fast
  Customer support is good
  It is a regulated exchange
Easy to use

No advanced services (staking, lending, borrowing, or margin trading)
The number of cryptocurrencies is limited
Not available in some countries (the US for example)

Coinmama has over 2 million users and is operating in more than 150 countries. The company has over 40 employees. It offers a user-friendly and simple interface which makes it suitable for complete beginners.

Deposit fees:
0 – 5 %
Withdrawal fees:
None
Trading fees:
2.9 – 3.9 %
Payment Methods:
Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill
Supported fiat:
USD, EUR, GBP, CAD, AUD

  Beginner-friendly interface
  Available almost worldwide
  Various ways to deposit
Simple to use
No withdrawal fee

No mobile app and no staking
No phone number for customer support

Being one of the longest-lasting P2P Bitcoin exchanges, Paxful offers its users a straightforward and easy-to-use platform where they can buy, sell and trade supported crypto fast. When it comes to supported cryptocurrencies, Paxful supports only 3: Bitcoin, Ethereum, and Tether USD. However, the volume of Bitcoin trading is very high. On the other hand, Paxful supports a stunning amount of fiat currencies, more than 140 different ones.

Deposit fees:
Free
Withdrawal fees:
0.5% – 5%
Trading fees:
No buyer fee, seller fee varies from 0.5% to 5%
Payment Methods:
Over 350 payment methods are available
Supported fiat:
USD, EUR, GBP, CAD, AUD, and many more

  Safe Escrow trading
  Various payment methods
Responsive support forum
Support for a large number of fiat currencies

A bit higher fees
A lot of scammers

LocalBitcoins was founded by Jeremiah Kangas in 2012. It operates in more than 240 countries worldwide. The platform is a peer-to-peer network that connects sellers with buyers in the local area. Users post ads on the platform in which they state payment methods and exchange rates for purchasing or selling Bitcoins. Then, other users reply to these ads in order to make a transaction. LocalBitcoins has a great reputation in the crypto market and it pays a lot of attention to regulations and security of the platform.

Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
1%
Payment Methods:
SEPA, Wire Transfer, Paypal, WeChat, MoneyGram, Credit Card, Debit Card, etc.
Supported fiat:
USD, EUR, GBP, RUB, and more (most currencies)

  It has been active on the crypto market for a very long time
  A large number of payment methods
  Available worldwide, in all countries

KYC is mandatory
Potentially meeting a person face-to-face might be unpleasant