Here are some good options for purchasing Bitcoin in 2024:
Strike or Cash App
- Download either app from your phone’s app store
- Simple setup with just ID and bank account
- Very low fees
- Instant Bitcoin purchases
- Available in most US states
Swan Bitcoin
- Bitcoin-only platform focused on regular purchases
- Excellent for automated recurring buys
- Strong educational resources
- Top-rated customer service
- No fees on first $10,000
Kraken
- Well-established exchange with strong security
- Lower fees than many competitors
- User-friendly interface
- Excellent customer support
Best Practices
- Start with small purchases to get comfortable
- Enable two-factor authentication immediately
- Consider moving Bitcoin to a personal wallet for larger amounts
- Set up recurring purchases rather than trying to time the market
Important Security Tips
- Never share private keys or login credentials
- Use unique, strong passwords
- Keep backup codes in a safe place
- Consider a hardware wallet for amounts over $1,000
This straightforward approach will get you started safely in the Bitcoin ecosystem while avoiding common pitfalls and excessive fees.
