There are many reasons to buy Bitcoin in the USA. As a US citizen, you have access to one of the most robust cryptocurrency exchanges globally with buying and selling features, including bank deposit transfers.
You also have access to some of the highest quality customer service representatives that will walk you through every step of buying Bitcoin. From security questions about your account to how much money you want to buy, all way up until your transaction is complete. Here are 12 reasons why it’s time for you to buy Bitcoin today!
Below are some main reasons to buy Bitcoin in the USA:
- You can buy bitcoin in usa for quick and easy transactions: Bitcoin is the fastest and most secure cryptocurrency available today.
- USA citizens can buy Bitcoin with a bank transfer or credit card: You have access to an enormous variety of payment methods, including PayPal, debit cards like Visa/Mastercard, as well as many local banking options that will allow you to purchase Bitcoin quickly and easily in your area!
- You are buying Bitcoin from one of the most robust cryptocurrency exchanges in the world. USA citizens are buying from USA-based Coinbase, one of the world’s most trusted and well-known exchanges.
- Buy Bitcoin at various price levels to suit your needs, including $200, $300, $400, or more, depending on how much you want to spend! On top of that, give yourself some wiggle room by setting a limit if you think bitcoin prices will continue to rise (profit protection).
- You can never be too safe when investing money, so don’t take risks without protecting yourself first against unpredictable market swings! Limit orders are also perfect for those who want to invest in Bitcoin but not at the current price.
- Buy Bitcoin with zero transaction fees on Coinbase (yes, you read that right! No more pesky bank or credit card fees!).
- No hassle of waiting for funds to clear and being subject to high transfer limits from USA banks.
- USA citizens are currently allowed free trading on most cryptocurrency exchanges, including bitcoin markets like Coinbase, Gemini, and GDAX, without requiring any identification documents. It makes them a great place for USA residents interested in investing in cryptocurrencies without providing sensitive information upfronts.
- For example, your social security number or home address. This can make it difficult later down the line if you decide to withdraw your USD profits into fiat currency. Many USA banks will block USA customers from starting USA dollars into USA banks if they have a history of sending money to or receiving money from exchanges like Coinbase.
- The US dollar has been decreasing steadily over time, and Bitcoin’s value is expected to increase over time rather than decrease in value.
- USA residents are no longer required to submit identification documents when trading cryptocurrencies on USA exchanges, and these USA exchanges will never request customers’ personal information or account passwords.
- Bitcoin is not backed by any government, like the US dollar, which has been gradually devaluing due to inflation caused by governments printing more money (whatever their reasons may be). The US dollar also can’t function as a currency without being tied to a tax payment system. It’s what they use for taxing people who earn USD income but don’t want or cannot pay taxes with USA dollars; otherwise, they’ll have problems spending that USD income.
- There are ways for bitcoin owners outside the USA to avoid having capital gains taxes on USA-based bitcoin investments.
- USA citizens can buy and sell Bitcoin from anywhere in the world, as long as they have access to a USA-based exchange that it’s trading with their currency of choice.
- USA traders might be required by law to meet minimum capital requirements, then other countries’ exchanges may not require this same requirement. This means US residents don’t need any bank account or credit card issued by American banks to purchase cryptocurrency tokens online. They just need one supporting USD transaction if going through an American company such as Coinbase, Gemini, etc.
The reasons mentioned above are enough to make any novice try investing in Bitcoin. So you should hurry and get yours now!
