https://ift.tt/SfWPp7s To Buy Bitcoin in Moldova?

How To Buy Bitcoin in Moldova?

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Easiest and cheapest ways to buy crypto in Moldova

No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Moldova is a bit harder than in some other countries so we have compiled a list of exchanges where Moldavians can buy bitcoin.

Established & high liquidity

How To Buy Bitcoin in Moldova?

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Binance is widely considered the largest cryptocurrency exchange in the world. It was launched in July of 2017 and in a short period of time became the exchange with the largest trading volume with more than $1 billion on a daily basis.

More info +

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

Β  High liquidity
Β  It supports a large number of crypto assets
Β  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

Regulated & Established

How To Buy Bitcoin in Moldova?

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Founded in 2013 in London, UK, and with over 4 million users, Cex.io is among the oldest cryptocurrency exchange platforms on the market. On Cex.io, you can buy, sell, trade, and store over 100 cryptocurrencies.

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This centralized exchange supports fiat to crypto purchases, margin trading, spot trading, staking, lending, leverage, and savings. It has more than 100 cryptocurrencies available for trade and over 220 trading pairs. Today, Cex.io is available in more than 180 countries around the globe (including the U.S.). Cex.io applies AML and KYC policies, and it is registered with The Financial Crimes Enforcement Network (FinCEN).

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Regulated and licensed
Β  Well Established Company
Β  Mobile App (Android and iOS)
Great support

Lower liquidity than other exchanges
Extensive Verification Process

Regulated & high liquidity

How To Buy Bitcoin in Moldova?

Paybis

πŸ‘› Ease of Use – Easy
πŸ‘› Trading Fees – Average
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

Paybis is a cryptocurrency exchange that offers a safe, secure, stable, and easy to use platform to its users from when it was founded back in 2014.

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With its headquarters in the United Kingdom, Paybis offers a multilingual platform with 9 different languages to choose from English, French, Arabic, Italian, Korean, Spanish, German, and Russian. Paybis supports 180 different countries around the world, and they have 24/7 multilingual customer support. The platform offers only 38 cryptocurrencies, including the most popular ones: BTC, BCH, BNB, ETH, LTC, XRP, USD Tether, etc. Paybis is registered with the Financial Crimes Enforcement Network as an MSB.

⚑ 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

Β  Super easy to use
Β  Excellent customer support
Β  A great resource for crypto education
Transparent fees and fast transactions

A limited number of supported crypto assets
A bit higher trading fees

It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets. The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.

Pros

extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account

Cons

No major flaws

Exodus
Exodus
Desktop


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Bottom Line

ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux

Pros

One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains

Cons

Not completely open source

Ledger Nano X
Ledger Nano X
Hardware


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Bottom Line

Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.

Pros

Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet

Cons

Small display
complicated to setup for newbies

Read also:

Established & high liquidity

paxful

Paxful

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, CAD, AUD + more

Paxful is β€œthe Uber of the Bitcoin”. It is a crypto exchange based in the US that has over 200 employees. Paxful was launched back in 2015 so it has been around for quite some time now. The founders of Paxful are Artur Schaback and Ray Youssef.

More info +

The headquarters of the company is in NY, US. Paxful offers a simple, easy way to buy crypto assets. Moreover, if you would like to spread the word about Paxful while generating a 2% revenue from any amount bought, there is Paxful’s affiliate program called β€œvirtual kiosk”.

⚑ 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

Β  An incredible number of payment methods
Β  Easy-to-use platform
Available in more than 180 countries
Security is on a high level

No trading features
It is not regulated

Established & high liquidity

Localbitcoins

LocalBitcoins

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

LocalBitcoins is one of the largest peer-to-peer service platforms on the crypto market. It was launched in 2012 in Finland and was founded by Nikolaus Kangas. Since then, LocalBitcoins has achieved enormous growth, which led to it becoming the leading marketplace for Bitcoin exchange services. The only currency LocalBitcoins supports is Bitcoin.

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The feature that makes LocalBitcoins unique is the direct contact between users. Most exchanges match sellers and buyers manually without the possibility of communicating directly. Users from all around the world can meet and trade Bitcoins through a fairly simple process. This is why LocalBitcoins is considered to be the β€œCraigslist” of Bitcoin. The platform is accessible worldwide, precisely in 248 countries.

However, services of LocalBitcoins aren’t available in Washington and New York. Features such as futures trading, derivatives, margin trading, short selling, or any other option aren’t supported. This is because LocalBitcoins doesn’t work as a traditional trading 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)

Β  Simple to use
Β  Plenty of payment options
Β  Available worldwide
Swift transactions

Higher exchange rates
Cash trades aren’t supported

Trusted & high liquidity

Bitstamp

Bitstamp

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP

Bitstamp was launched back in 2011 by two Slovenians – Damijan Merlak and Nejc Kodrič. It is considered one of the oldest crypto exchanges in the world. Bitstamp moved from Slovenia to the UK in 2013 and then in 2016, it moved to Luxemburg where it is based today.

More info +

Bitstamp has an extremely large user base – over 4 million. The exchange is considered one of the most secure and safest ones to its longevity on the crypto market.
The main services of the platform are buying and selling cryptocurrencies, spot trading, and staking. However, keep in mind that Bitstamp does not support some of the advanced trading services such as margin or 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

Β  Competitive fees
Β  Security and safety on a high level
Β  The longevity on the crypto market
Suitable for all types of traders (beginners and experienced ones)

The number of coins could be higher (50)
The number of coins available for staking could be higher (2)
No advanced trading services such as staking or margin trading

Frequently asked questions about buying Bitcoin in Moldova

Is crypto legal in Moldova❓

Moldova is one of the countries thatΒ have no legal regulation of digital assets and cryptocurrencies.

Can I use Binance in Moldova❓

Yes, Binance is available in Moldova.

Where is Coinbase available❓

Coinbase is available in over 100 countries worldwide.

What country was Moldova part of❓

Sandwiched between Romania and Ukraine, Moldova emerged as an independent republic following the collapse of the Soviet Union in 1991. Moldova is one of the poorest countries in Europe, with its economy relying heavily on agriculture.

Is Bitcoin legal in Moldova❓

The use ofΒ virtual currencies is not regulated in the Republic of Moldova. They do not represent a form of electronic money within the meaning of the Law on payment services and electronic money no.

Where I can buy Bitcoin in Moldova❓

You can buy Bitcoin on any of the exchanges mentioned in this article.

The post How To Buy Bitcoin in Moldova? appeared first on CaptainAltcoin.

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