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Buy Bitcoin (BTC) in Germany with EUR with Lowest Fees
Buy Bitcoin (BTC) in Germany with EUR with Lowest Fees
Are you tired of sifting through countless crypto exchanges, struggling to find the one that ticks all the boxes? Look no further than Changelly – the best crypto exchange platform for buying Bitcoin and other cryptocurrencies in Germany! With our unparalleled commitment to compliance, you can rest easy knowing that your transactions are safe, efficient and fully legal. With hundreds of supported crypto assets and the ability to accept EUR and other major fiat currencies, Changelly is the ultimate destination for anyone looking to invest in digital currencies. Our trading fees are incredibly low, so you can get in on the action without breaking the bank. And with first-in-excellence security measures, you can trust Changelly to keep your investments intact against even the most sophisticated threats. When you want all at once when trading crypto, Changelly has got you covered.
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How to buy Bitcoin in 5 easy steps
Set your purchase pair
Select the crypto you’d like to purchase. Next, choose the local currency you want to buy crypto with and your country of residence. Compare the best offers and choose the one that suits you most.
Provide your crypto wallet address
Enter your crypto wallet address in the required field. Double-check your unique crypto wallet address to make sure it is correct.
Verify your identity
Verify your identity with the provider you've chosen to buy crypto with. This is the best way to make sure that the payment information is only yours.
Confirm your payment
Confirm your payment and have your purchased cryptocurrency delivered to your crypto wallet in several minutes.
Welcome your crypto
As soon as the payment goes through, your coins will be credited to your wallet address.
Payment methods to buy Bitcoin
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy BTC with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy BTC and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
Buy Bitcoin Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Why buy Bitcoin on Changelly?
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
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We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
How is the Price of Bitcoin Determined?
The price of Bitcoin is determined by a combination of driving forces, including supply and demand, technological advancements, and global economic conditions.
The demand for Bitcoin is directly linked to its trading volume, with higher trading Bitcoin volumes indicating greater demand, which can drive up the price.
The limited total supply of Bitcoin, with only 21 million coins in existence, creates a scarcity value that influences its price.
Technological advancements, such as the development of new blockchain protocols, can also impact the Bitcoin price.
Global economic conditions, such as inflation, currency devaluation, and political instability, can cause investors to turn to Bitcoin as a hedge against uncertainty, leading to price appreciation.
Mass media also plays a significant role in the fluctuation of Bitcoin price, as it has the ability to influence public perception and create a demand for the cryptocurrency.
Can I Buy Less Than 1 Bitcoin?
One of the great things about Bitcoin is that it is highly divisible because it can be split into very small units. The smallest unit of Bitcoin is called a Satoshi, named after the creator of Bitcoin, and it represents one hundred millionth of a Bitcoin (0.00000001 BTC). It's possible to purchase BTC in any size, including the smallest fraction of the coin. There is no need to have a lot of money to invest in Bitcoin. You can start small and gradually increase your cryptocurrency investment as you become more comfortable with the cryptocurrency market.
Where to Store Your Bitcoins?
When it comes to storing your precious crypto assets, there are multiple options available. One of the most popular methods to store Bitcoin is through a digital wallet, which can either be a hot or cold storage. Hot storage, which is connected to the internet, is ideal for those who frequently trade or use their Bitcoins for transactions. However, it is also more vulnerable to hacks and attacks. Hot storage Bitcoin wallets are presented by mobile apps, web-based custodial platforms, and browser extensions.
On the flip side, cold storage, which is not directly connected to the internet, provides a higher level of security, as it is less susceptible to hacking attempts. It is perfect for those who want to hold onto their Bitcoins for an extended period. Cold storage wallets include hardware wallets, paper wallets, and desktop wallets for storing crypto.
Regardless of which storage product you choose, it is crucial to keep your private keys secure. Private keys are the unique codes that allow you to access and spend your purchased Bitcoin. Losing them could denote losing all your Bitcoins.
Which Bitcoin Wallet Can I Use?
There are various Bitcoin wallets available in the market, each with its own set of features and benefits. Some of the most popular BTC wallets include Exodus, Ledger, and Trezor.
Exodus is a user-friendly storage solution that allows users to easily manage their cryptocurrency portfolio with an intuitive interface.
Ledger and Trezor are hardware wallets that provide enhanced security and protection for your cryptocurrency assets.
Apart from storing Bitcoin, some wallets may offer margin trading for traders interested in leveraging their holdings for potentially greater profits. For example, the wallet platform Bitfinex supports margin trading for its customers.
Moreover, some wallets offer additional features beyond just cryptocurrency storage and trading. For instance, some wallets (like Coinbase) allow users to invest in precious metals like gold and silver, or even other cryptocurrencies like Ethereum or Litecoin. Professional traders may also appreciate advanced features like real-time market data, customizable trading charts, and advanced order types.
Ultimately, the best Bitcoin wallet for you will depend on your individual preferences and level of expertise. Always do your research to find the perfect personal wallet that aligns with your needs and boasts the paramount security features to safeguard your valuable assets.
Got any questions about the BTC purchase on Changelly?
We tried to gather all the necessary information about the BTC purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your Bitcoin safe and sound
If you are searching for the best cryptocurrency wallets for your favorite coins, look no further! Whether you are a crypto pro or just starting out, these wallets might be a good option for crypto storage.
Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
We are thrilled to partner with Changelly to provide an exceptional trading experience: anytime, anywhere - in a few simple taps!
What Is Bitcoin?
Bitcoin is a digital currency that allows any two parties to send funds without the involvement of a bank, government, or other institution, anywhere in the world. It is decentralized, which means the decision-making doesn’t rely on a centralized entity but on a peer-to-peer network.
BTC’s daily trading volume on crypto exchanges is around 30 million EUR, and the market cap exceeds a trillion EUR, according to CoinMarketCap. The market cap is by far the largest in the crypto sphere, followed by Ethereum and Bitcoin Cash at around 480 million and 100 million accordingly.
Is it Legal to Buy Bitcoin in Germany?
Bitcoin (BTC) is a digital currency that functions on a decentralized and peer-to-peer network, utilizing the revolutionary blockchain technology. The idea of Bitcoin was introduced by the enigmatic Satoshi Nakamoto, who developed the concept of a digital currency that could bypass centralized financial institutions.
The most incredible feature that sets Bitcoin apart from traditional currencies is its decentralized nature, meaning that there is no central authority controlling the transactions or supply. Transactions on the Bitcoin network are verified by a group of miners, with each transaction being recorded on the blockchain - a distributed public ledger that ensures the security and transparency of all transactions. BTC has become a popular choice for online transactions, as it offers fast and secure transactions without the need for intermediaries or fees.
Germany is one of the most crypto-friendly countries in the European Union, with many cryptocurrency exchanges and startups operating within its borders. But is it legal to buy Bitcoin in Germany? The short answer is yes, but there are a few regulations that need to be taken into account.
The German Federal Financial Supervisory Authority, also known as BaFin, is the main regulatory body responsible for overseeing financial markets in Germany. BaFin has issued several regulations related to cryptocurrencies, including Bitcoin, which are designed to protect consumers and prevent fraud.
One of the main BaFin regulations related to cryptocurrencies is the KWG (German Banking Act), which requires cryptocurrency exchanges to obtain a license from BaFin in order to operate legally in Germany. This license ensures that the exchange functions in accordance with German financial regulations and that customer funds are protected.
Under the KWG (The German Banking Act), German banks are allowed to custody cryptocurrency, which means they can store and manage their customers' crypto assets. This has made it easier for both institutional clients and retail Bitcoin buyers to buy and hold cryptocurrencies through their banks.
Additionally, many German banks offer electronic payment methods, such as online banking and mobile payment apps, which make it convenient for customers to purchase crypto assets using their bank accounts, credit cards, or debit cards. However, not all German banks have started offering cryptocurrency custody and trading services yet.
Apart from the KWG, BaFin has also issued guidance on Bitcoin mining in Germany. It states that Bitcoin mining is not considered a financial service and therefore does not require a license. However, businesses that mine Bitcoin as part of their operations may be subject to other regulations, such as environmental regulations.
Some active enthusiasts noticed that many cryptocurrency exchanges have removed futures and derivatives products for German investors, as well as in numerous other European countries. This measure is largely preventative, as EEA and EU countries have been urging cryptocurrency trading platforms to provide responsible investment options. Crypto futures frequently do not fulfill this requirement due to customers' lack of extensive knowledge. However, this restriction does not imply that crypto futures are prohibited in Germany, and some exchanges still provide these products.
How is Bitcoin Taxed in Germany?
In Germany, Bitcoin and other cryptocurrencies are considered private money and are regulated by the German Federal Central Tax Office (BZSt). Unlike many other countries, cryptocurrency is regarded as a private asset, rather than property, legal tender, or foreign currency, which has important tax implications. As a result, crypto is subject to individual Income Tax, rather than Capital Gains Tax, but only under certain conditions.
If you dispose of your crypto, such as by selling it for EUR or spending it on goods and services, you will be subject to Income Tax on any profits if you held the asset for less than a year. For short-term gains, taxpayers are allowed a tax-free threshold of up to €600 per calendar year. However, if you hold your crypto for more than a year, the disposal of it encounters total tax exemption, so it makes sense to hodl Bitcoin! Mining or staking rewards are considered income and are subject to income tax if you earn above the €256 threshold each year for additional income.
Best Ways to Buy Bitcoin in Germany Safely
Cryptocurrency fever has swept across Germany, with Bitcoin reigning supreme as the most sought-after digital currency. But with so much buzz surrounding this online phenomenon, it's vital to consider the safest and most efficient way to purchase Bitcoin. That's where crypto exchanges come into play. These convenient crypto platforms offer users the ability to buy and sell cryptocurrencies with ease, and one company that truly stands out from the crowd is Changelly, the best exchange for all things crypto.
Not only does our trading platform provide a highly secure and trustworthy platform for purchasing Bitcoin, Bitcoin Cash, Binance Coin, USD Coin, and 500+ other cryptocurrencies, but also boasts multiple deposit methods, including credit cards, debit cards, Apple Pay, and more. And with some of the best exchange rates in the industry, Changelly is an ideal option for both seasoned investors and those just dipping their toes into the crypto market.
Changelly is fully compliant with the crypto regulations in Germany. Our company strictly adheres to the guidelines set forth by the German Federal Financial Supervisory Authority (BaFin) and maintains a high level of transparency to ensure that all transactions are carried out in abidance by German law.
Changelly prides itself on its paramount security measures as well. The platform employs advanced encryption technology to protect user data and funds when they want to buy Bitcoin online or any other coin, and all transactions are monitored 24/7 for any suspicious activity. Changelly also maintains strict AML and KYC policies to prevent fraud and money laundering activities.
With its strong commitment to legality and security, Changelly continues to be a legal and reputable platform for crypto users in Germany and around the world.
How to Buy Bitcoin with Credit and Debit Card
Bitcoin, the world's first decentralized cryptocurrency, has gained immense popularity and acceptance in recent years. With its soaring value and significant returns, many investors are looking to buy Bitcoins. However, buying BTC can be a challenging task, especially for those who are new to the world of cryptocurrency. Fortunately, credit and debit cards can easily be incorporated to help you get started, thanks to the growing number of crypto asset exchanges that accept this payment option. Here is how:
Sign Up For a Free Account
In Germany, buying Bitcoin begins with creating an account on a reliable cryptocurrency exchange that accepts credit or debit cards. Most platforms do not charge a cent for registering new users, but it is worth conducting a research to ensure you can set up a crypto trading account for free. Changelly is a surefire way to avoid unnecessary chargers when you want to trade Bitcoin or other coins in Germany. Our crypto exchange allows you to establish an account for free and offers an intuitive interface.
Deposit Fiat Currency
Once you get your account up and running, you'll need to deposit some fiat currency (e.g. Euros) into it. Most exchanges will accept credit or debit card payments, but be aware of possible transaction fees to be paid on your chosen payment method, especially if it is a credit card.
Choose Bitcoin Purchase Amount
After your deposit has been processed, you can navigate to the “Buy Crypto” section and find EUR/BTC among available trading pairs. Here, you can specify the amount of Bitcoin to buy or the amount of fiat you wish to spend. Make sure you have enough fiat currency in your account to cover the trading fee and the purchase itself.
Once you've selected the amount of Bitcoin you want to buy, the crypto exchange platform will process your payment and you will receive your purchased Bitcoin in your personal wallet on the platform.
Protect Bitcoin Assets
For safety’s sake, transfer Bitcoin from your exchange account to your personal wallet as soon as possible to reduce the risk of hacks or theft. You can also consider using a hardware wallet for added security.
Buying Bitcoin with a credit or debit card is a simple and convenient way for private investors in Germany to get started in the world of cryptocurrency. Just make sure to choose a dependable provider that can keep your personal information safe, and secure your purchased Bitcoin in your own wallet. Happy investing!
How to Buy Bitcoin with Bank Transfer in Germany
As the demand for investing in cryptocurrencies increased in Germany, more and more individuals stepped up to the plate by using wire transfers to purchase Bitcoin through established crypto exchanges. With so many exchanges offering their customers the option to buy Bitcoins with credit card, debit card, SEPA transfer, and online bank transfer, you will be showered with opportunities to get on the stick.
For this, you need to find a reputable exchange that accepts bank transfers as a funding mode, and follow their instructions for identity verification and deposit. A wire transfer may take longer to process, but transaction fees are generally lower than with other payment options, like credit/debit cards. Besides, bank transfers are frequently the sole option to buy Bitcoin Germany in substantial amounts.
The buying and selling price of Bitcoin can vary depending on the exchange and market conditions, so it's essential to keep tabs on the market trends before making any purchases.
Besides, several banks in Germany offer cryptocurrency trading and custody services to both retail customers and institutional investors, thanks to their partnerships with leading cryptocurrency exchanges. Among them are Solarisbank AG, Fidor Bank AG, and Bankhaus von der Heydt. These banks also have integrated cryptocurrency wallets, making it easy for customers to buy Bitcoins via wire transfers with low fees, as well as to store and manage their digital assets from the interface of their bank accounts.
How to Buy Bitcoin with Apple Pay in Germany
Apple Pay has transformed the way Germans pay for goods and services. With just a tap of their phone or watch, users can easily complete transactions without having to fumble for cash or cards. This payment system has made shopping more convenient than ever before, allowing users to quickly and securely make purchases at their favorite stores, restaurants, and even online. Apple Pay has even made it possible to buy Bitcoin online, helping users to invest and grow their digital currency portfolio with ease and confidence.
If you are wondering how to buy Bitcoin in Germany using Apple Pay, the good news is that the process is very simple.
The first step is to ensure that you have an iOS device that supports Apple Pay. Once you have that, the next move is to install a cryptocurrency exchange app on your device. Choose a reliable app that supports both Bitcoin trading and Apple Pay.
Once you have installed the app, you need to create an account and complete the necessary verification procedures. After that, you can fund your exchange account through your Apple Pay wallet and then buy Bitcoin using the available funds. As easy as that!
Apple Pay requires authentication before a payment can be completed, which renders Bitcoin purchases great security. This authentication can be done using Touch ID, Face ID or a PIN number, depending on the device used, ensuring the safety of your transactions, both online and offline.
How to Buy Bitcoin from ATM in Germany
Germany has over 50 crypto ATMs, according to Coin ATM Radar, making it the fifth most popular country for Bitcoin ATMs. These machines can be found in urban high-traffic locations, such as airports, train stations, and shopping malls.
To buy Bitcoin (BTC) from a crypto ATM, you will need a Bitcoin wallet. You can download one from the App Store or Google Play Store. Once you have set up the crypto wallet, you can go to any Bitcoin ATM that supports Bitcoin purchases.
Most ATMs in Germany allow for Bitcoin trading with national fiat money, such as Euros and US Dollars. Apart from Bitcoin, many ATM terminals will also let you buy crypto of your choice, Litecoin, Bitcoin Cash, and Ethereum.
Buying Bitcoin from an ATM is user-friendly. First, you must select the option to buy Bitcoin. Then, you will be prompted to enter the amount of fiat currency you wish to exchange for BTC. After entering the amount, you will be given a QR code. Simply scan the QR code with your Bitcoin wallet app, and the purchased Bitcoin will be transferred to your crypto wallet.
In Germany, some crypto ATMs go beyond just purchasing Bitcoin and offer the added convenience of selling crypto too. To initiate a sale, all you need to do is choose the "sell Bitcoin" option, specify how many Bitcoins you wish to sell, and scan the ATM's QR code with the camera of your mobile crypto wallet. Voila! The fiat currency will be dispensed right away.
As you venture into the world of cryptocurrency, you should realize that transaction fees for buying and selling at ATMs are not set in stone. They can fluctuate depending on the machine’s operator, with fees usually ranging from 5% to 10% of the transaction amount. These fees can be a bit steep, so it's crucial to factor in the associated costs when buying or selling Bitcoin in physical locations like automated teller machines.
How to Buy Bitcoin with PayPal
Buying Bitcoins with PayPal in Germany can be a bit of a challenge, but there is no telling if it is impossible.
One option is to use a peer-to-peer (P2P) marketplace, which allows you to buy Bitcoin from other individuals, using PayPal as the payment method.
Another approach is to resort to a crypto broker, which can support PayPal among its multiple payment options.
Buying Bitcoin (BTC) from crypto exchanges is currently not possible. Many reputable trading platforms hold back on adding PayPal as a deposit mode due to the high risk of chargebacks and fraud associated with PayPal transactions.
Chargebacks occur when a buyer disputes a transaction and requests a refund from PayPal. If the dispute is successful, PayPal may reverse the payment, and the seller may be left without their Bitcoin or the payment. This can result in significant losses for the seller, and crypto exchanges may not be willing to take on this risk.
Fraud is a serious concern when it comes to PayPal transactions. Since transactions can be reversed, scammers may take advantage of this feature and use stolen PayPal accounts to purchase Bitcoin from exchanges. This can lead to further losses for the exchange and its customers.
If you are determined to purchase Bitcoins with your PayPal balance, make sure the platform used has escrow services in place to protect you during a transaction. An escrow holds onto the Bitcoin until the transaction is fulfilled to your satisfaction, mitigating the risk of fraud or scamming.
How to Buy Bitcoin with Prepaid Card
Prepaid cards are handy tools when you want to buy crypto online. They offer several benefits, including the ability to control your spending and avoid overspending. They also do not require having a bank account to benefit from them.
Prepaid cards can be purchased at retail locations, online, or through mobile apps. These nifty plastics can be preloaded with your desired amount, giving you the freedom to spend just like with a traditional bank card. What's more, most prepaid cards are reloadable, allowing you to top up your balance whenever you need to. Lots of German crypto exchanges open their doors to prepaid cards, facilitating fiat-to-Bitcoin trading.
When using a prepaid card to buy virtual currencies, you will need to ensure that the card is compatible with the exchange's payment processor. Keep in mind that some exchanges may only give the thumbs up to prepaid cards from specific issuers or networks.
How to Buy Bitcoin with Cash in Germany
There are several methods to buy Bitcoin with cash in Germany, providing a convenient and flexible way for people to invest in the cryptocurrency market.
One of the simplest ways is to visit a Bitcoin ATM. These crypto kiosks allow cryptocurrency buyers to deposit paper money directly into the ATM and receive Bitcoin in return. Bitcoin ATMs are scattered throughout the country, with many located in major cities such as Berlin, Munich, and Frankfurt. You can buy Bitcoin (BTC) with a limit of several thousand Euros per transaction.
Individual Bitcoin Seller
Another path to take is connecting with a Bitcoin seller in your neighborhood through peer-to-peer marketplaces, such as Paxful. With this method, you can meet the seller face-to-face and exchange cash for Bitcoin or arrange for a bank wire. Yet, it takes time and effort to identify a reliable counterparty to transact.
For those who prefer a more formal process, there are several Bitcoin exchange platforms that allow you to buy BTC with cash deposits. Popular crypto trading platforms like Changelly have a strong presence in Germany and offer an array of funding schemes, including bank card, Apple Pay, Google Pay purchases, among other multiple payment options. These exchanges require you to set up an account and provide verification details, such as identity documents and proof of address, before you can start buying crypto.
You can also utilize a crypto voucher. There are several companies, such as Bitpanda, Bitcoin de, and Bitnovo, which sell Bitcoin vouchers in Germany and throughout Europe for fiat currency. These vouchers come with a unique code that can be redeemed on an appropriate Bitcoin exchange or wallet, giving you access to your funds right away. You can purchase cryptocurrency vouchers from these companies online or through their physical stores in Germany.
Can Foreigners Buy Bitcoin in Germany?
Yes, foreigners can buy Bitcoin in Germany. Bitcoin and other cryptocurrencies are legal in Germany and are considered as private money. However, the regulations and guidelines for buying, holding, and trading cryptocurrencies are strict and require compliance with AML/KYC policies.
To buy Bitcoin Germany, non-residents can use reputed cryptocurrency exchanges that welcome international traders, for example, Changelly. These companies allow users to buy Bitcoin using fiat currencies, such as EUR, GBP, and USD.
Foreigners may also need to provide identification documents like a passport or national ID card to comply with AML/KYC regulations. They may also need to provide proof of residence in Germany, such as a utility bill or bank statement.
Who Accepts Bitcoin in Germany?
Germany is leading the charge to embrace cryptocurrencies, specifically Bitcoin, as a widely accepted mode of payment. Lots of local companies and service providers will eagerly let you pay the bill from your Bitcoin wallet.
One of the most popular companies that accepts BTC in Germany is the large airline company, Lufthansa. Lufthansa started accepting Bitcoin payments for flight bookings in 2014, making it the first airline in the world to do so.
Another company that accepts Bitcoin in Germany is the electronics retailer, Alza. Alza has been accepting Bitcoin payments since 2017, and it also offers discounts to customers who pay through Bitcoin. The company also accepts other cryptocurrencies, such as Ethereum, Litecoin, and Dash.
Another crypto-friendly company in Germany is the fast-food chain, Burger King. The chain started accepting Bitcoin payments in selected locations in 2019.
The luxury car brand, Porsche, also takes Bitcoin payments for its services, such as test drives and car purchases.
The German online retailer, Bitgild, specializes in selling gold and silver bars, and it accepts Bitcoin as a payment.
Other companies that let you spend Bitcoin in Germany include the online retailer, Overstock, the electronics and home appliances retailer, Euronics, the online travel agency, Destinia, the online gift card seller, Gyft, and the ticket seller, Eventim.
How to Cash Out Bitcoin in Germany?
Whether you are a hardcore crypto investor or a casual enthusiast who makes Bitcoin trades as a side hustle, one moment you will be in a mood for cashing out your Bitcoin holdings. Here are several methods to cash out Bitcoin Germany:
One of the easiest ways to sell cryptocurrencies, including Bitcoin, is through a Bitcoin exchange, which are plentiful in Germany, including Changelly and Börse Stuttgart Digital Exchange. You can sell Bitcoin on the platform and withdraw the funds to your bank account or debit card. Keep in mind that exchanges may charge deposit and withdrawal fees, as well as a maker fee and taker fee for every trade you perform.
Another option is to use a peer-to-peer platform, such as Paxful, to sell your Bitcoin directly to other individuals. These services allow you to set your own price and terms for the sale, but you may fall across scammers and fraudsters if you're not careful.
Crypto ATMs are popping up all over Germany and the European Union, facilitating the exchange of digital currency for physical banknotes. Bitcoin ATMs are easy-to-use, which can be highly beneficial for those new to the world of cryptocurrency. However, convenience comes at a price – be prepared to pay a higher transaction fee than you would with an online exchange. And before you go, make sure you've got a Bitcoin wallet set up and ready to receive the cash you'll be withdrawing.
Bitcoin Debit Card
Another hands-down technique to cash out BTC in Germany is getting a Bitcoin debit card from companies like Bitwala or Cryptopay. These cards allow you to load crypto onto them, so you can spend Bitcoin like cash. They can be used at any merchant that accepts Visa or MasterCard or for cash withdrawals from traditional ATMs.
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