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28.01.2020

How to buy cryptocurrency in Estonia?

 

At the moment, the cryptocurrency industry covers more and more people every year, these statistics have not bypassed Estonia either.

But of course, it is worth noting that the interaction of local residents with cryptocurrency is becoming more complicated every year, since the local banks is against cryptocurrencies, for several reasons.

 

* Decentralized technology.

* A completely uncontrolled asset.

* The growth of cryptocurrency scammers.

 

In this article we will talk about the last point.

After the crypto boom in 2017, this type of asset has gained worldwide popularity. And many around the globe began to chase investments in cryptocurrencies due to their rapid growth. This attracted all kinds of scammers.

Naturally, the movements of the cryptocurrency are almost impossible to track, this is what scammers use.

So where is it safe to buy Bitcoin and Ethereum in Estonia?

 

1) Bitcoin ATM is a type of ATM where you can make a BTC to Euro or Euro to BTC exchange, although I just want to note that anonymity is lost and you will have to pay a rather large commission when buying and plus you will exchange it at a rather unprofitable rate.

 

2) Cryptocurrency exchangers on the network – on the Internet there are a huge number of cryptocurrency exchangers. With their help, you can not only buy or sell Bitcoin, but also, for example, buy Ethereum. The advantages of online exchangers are the number of currency pairs, a more favorable rate, anonymity.

But you need to be very careful with them, since there are a huge number of scammers.

For example, take our exchanger. Please note that our exchange office has an official Estonian license, you must pay attention to the availability of a license first. Second, look at the reviews of the online exchanger on the Internet and if they are positive, then you can safely use it.

And by the way, today for residents of the Baltic States we have advantageous offers for exchanging BTC in Euros or Euros in BTC. Only with residents of the Baltic States instant exchanges are carried out (from 1 sec – 10 minutes).

Friends, develop and buy cryptocurrency profitably!