Buy Bitcoin (BTC) in Ireland with IEP with Lowest Fees

Best Ways to Buy Bitcoin in Ireland Safely

As cryptocurrency is taking the world by storm, many people are looking for ways to buy and sell digital currency safely and quickly. Regulated, Ireland-based crypto exchanges are the best way to purchase Bitcoin in Ireland easily and legally, as they provide consumers with an easy-to-use channel for making transactions.

These platforms also offer a wide range of features and accept Euros, along with other major fiat currencies like USD and GBP, so users from all around the world can easily transact and trade Bitcoin, apart from other cryptocurrencies, on these platforms. Trustworthy cryptocurrency exchanges are committed to customer satisfaction. They have a good track record of low fees, a dedicated customer support team, trading volume, and comprehensive consumer protection measures for a truly seamless and beneficial crypto trading experience.

To ensure you get the best deals when buying Bitcoin in Ireland safely, you should do your due diligence and compare different options and identify a highly reputable platform before making a decision. Check their payment methods, making sure they are multiple and suitable exactly for you. The best crypto exchange platform will offer an uncomplicated verification process where your account is approved instantly.

If you do not want to spend a significant amount of time and effort researching various Bitcoin exchange platforms in Ireland, it is more convenient to visit Changelly. Changelly is a one-stop solution that provides everything you look for in the best crypto exchange service.

Easy-to-use interface, quick and secure transactions, an extensive range of supported cryptocurrencies, transparent and low trading fees, responsive customer support, and the convenience of using fiat money on crypto purchases – Changelly has it all. With Changelly, you can easily buy, trade, and sell cryptocurrencies with no hassles.

How to Buy Bitcoin with Credit and Debit Card

Great news for Irish investors! With the availability of several platforms accepting fiat money payments, purchasing Bitcoin using a debit or credit card is now super easy. Here is how to begin your crypto journey.

1. Create an Account on a Bitcoin Exchange Platform

   The first step is to register for an account on one of the many exchanges that offer cryptocurrency trading services in Ireland. There are several trustworthy and reputable platforms available, so shop around until you find one that you feel comfortable with. Research any fees associated with the use of each platform – including trading fees, deposit fees, and withdrawal fees.

   Creating and verifying an account will involve providing your personal information, such as name, residence address, contact details, and a copy of some ID paper, so the platform can validate who you are. This protocol helps prevent financial fraud and keep user funds secure on the platform. Once the registration is complete and your account has been verified, you will be able to purchase and trade cryptocurrency.

2. Add Funds with Credit or Debit Card

   Then proceed with adding funds to your new account: navigate to the platform’s “Deposit” page and select “Credit/Debit Card” as your preferred funding method. Enter all the requested info carefully and follow any other instructions provided on the page.

3. Buy Cryptocurrency

   As a debit or credit card has been added to the platform, you should go to the “Buy” section of the platform, find BTC among the supported cryptocurrencies, and initiate the purchase transaction. Here, you will need to specify the amount of Bitcoin (BTC) you wish to get, the type of currency to use (such as EUR), and the payment method to carry out the operation with (a credit or debit card). Review the transaction draft, and if everything looks great, finalise it.

4. Get Crypto

   After completing your purchase using the selected payment option, you can just sit back and wait for the crypto ownership confirmation in your wallet, which can sometimes take up to 4 hours depending on the Bitcoin network congestion at that time. Once done, enjoy owning BTC!

Note: leaving virtual assets on a crypto exchange creates a risk of potential loss due to hacking or other forms of security breaches. By sending Bitcoin to an external secure crypto wallet, you maintain control of your digital assets and reduce the risk of losing them. A crypto wallet is a software or hardware storage solution that securely protects your private keys, which are necessary to access your Bitcoin holdings.

By using an external wallet, you can ensure that you have access to your coins even if the exchange is hacked or goes offline. This added security measure also means that you are not relying solely on the exchange to protect your assets.

How to Buy Bitcoin with Bank Transfer in Ireland

Bank transfers have become the go-to choice for Irish Bitcoin enthusiasts seeking to invest in the cryptocurrency market.

In order to buy Bitcoin in Ireland with a wire transfer, you first need to find a well-established crypto exchange that accepts a wide variety of currencies, including Euros. Then you will need to set up an account, prove your identity, and link your trading account to your Irish bank account. Once the both are connected, you can fund the crypto exchange via bank transfer and then purchase Bitcoin in the desired amounts.

Bank wires take longer to process a fiat-to-crypto transaction because they involve multiple intermediaries, such as banks and clearinghouses, which can cause delays in the transaction settlement process. Besides, bank wire transfers are subject to regulatory and compliance checks that can further delay the transaction, so possess a soul in patience.

How to Buy Bitcoin with Apple Pay in Ireland

Apple Pay has finally arrived in Ireland, and with it comes a new world of convenience and security for digital payments. But that's not all – for crypto enthusiasts, Apple Pay's arrival means they can now purchase Bitcoin and other cryptocurrencies with ease.

With just a few taps on their iPhone or Apple Watch, users can now instantly connect to their preferred crypto exchange and buy, sell, or trade their digital assets with the security and ease of Apple Pay. This is a game-changing development for the Irish crypto community and marks a new era of accessibility for those looking to invest in the digital currency market.

To incorporate Apple Pay for your Bitcoin purchases in Ireland, you should follow the same way as with using other payment methods, namely find a trusted cryptocurrency exchange that supports Apple Pay and caters to Irish customers.

Once you have found one, get registered and validate your identity. Then, link your Apple Pay account to the underlying platform and select the amount of BTC you wish to purchase. Confirm the transaction and wait for the BTC to be deposited into the indicated wallet (either integrated or off-platform one).

Consider storing your BTC wealth in a never-failing personal wallet and stay up-to-date on market fluctuations to ensure you make informed decisions when buying and selling. With Apple Pay, buying BTC in Ireland has never been easier and more convenient.

How to Buy Bitcoin from ATM in Ireland

Similar to the United Kingdom, in Ireland, crypto ATMs are gaining popularity, offering a fuss-free way for users to buy and sell BTC for EUR. These machines are a handy alternative to online cryptocurrency exchanges, allowing customers to trade their fiat money for digital assets quickly and securely.

Regardless of your level of expertise in blockchain investment, these terminals offer a user-friendly experience round the clock. So, if you desire an efficient and straightforward way to buy Bitcoin in Ireland, the nearest crypto ATM is your best bet.

Here's a step-by-step guide to get you started:

1. Locate a crypto ATM in your area. You can find one using online directories or apps like CoinATMRadar or Coin ATM Finder.

2. Once you find the nearest Bitcoin ATM, bring along some paper money to buy BTC. Most crypto ATMs let you deposit funds with EUR and USD banknotes. Make sure you have a wallet app on your phone that supports BTC or bring along a QR of your Bitcoin wallet address, so the machine can scan it.

3. Approach the machine and select the option to "Buy Bitcoin."

4. Follow the prompts on the screen to enter the amount of BTC you want to buy.

5. Insert cash into the ATM. The terminal will verify the transaction and send Bitcoin cryptocurrency to your wallet.

6. Check your crypto wallet to confirm that the BTC has been sent.

7. Congratulations! You just bought BTC from a crypto ATM in Ireland. It is that easy!

How to Buy Bitcoin with PayPal

While most exchanges in Ireland do not offer the option to buy crypto assets through PayPal, some crypto brokers and P2P (peer-to-peer) marketplaces have emerged as alternatives for users looking to buy and sell Bitcoin easily.

The advantage of using PayPal is that it provides a quick and secure payment method for Bitcoin transactions. However, PayPal's chargeback feature is the main reason why many exchanges do not offer it as a payment option. This is because PayPal transactions can be reversed, making it easy for scammers to purchase cryptocurrency and then reverse the transaction, taking back their money and leaving the seller with nothing.

Crypto brokers and P2P markets, on the other hand, are more willing to take on this risk and support PayPal as a payment method, but they also tend to charge higher fees for their services compared to conventional virtual asset exchanges.

How to Buy Bitcoin with Prepaid Card

Prepaid cards have become a popular and hassle-free way to buy Bitcoin Ireland. With no need for a bank account or credit check, anyone can easily purchase a prepaid card and use it to buy crypto assets on various online exchanges.

These cards can be loaded with funds at any time, making it convenient for users to buy electronic coins whenever they want. Whether you are a seasoned investor or just starting out, prepaid cards offer a simple way to get involved in the exciting world of Bitcoin trading in Ireland, hands down.

Buying Bitcoin with a prepaid card in Ireland is a simple process because it is done in the same way as with other traditional payment methods. It basically nails down to creating an account with a popular trading platform that accepts prepaid cards to huddle a job through.

After completing a Know Your Customer formality (KYC), you will be able to purchase Bitcoin or any other cryptocurrency assets, employing your prepaid card as a desired funding source. You see it is a cinch to buy crypto with a prepaid card!

How to Buy Bitcoin with Cash in Ireland

If you are not keen on using your credit card or bank account to purchase digital coins, there are still ways to buy Bitcoin Ireland with cash.

• Bitcoin ATM. In Ireland, Bitcoin enthusiasts can obtain digital currency with physical cash at various Bitcoin ATMs. These installations are found in Dublin Airport, Temple Bar, and the Clayton Hotel in Dublin, as well as the University of Limerick and The Quays Shopping Centre in Galway.

• Peer-to-peer (P2P) marketplaces. P2P marketplaces like Paxful and Hodl Hodl allow individuals to buy and sell Bitcoin directly with each other without the need for intermediaries like banks or exchanges. These platforms offer an array of payment options, including cash transactions. Buyers and sellers can negotiate the terms of the deal, including Bitcoin’s price and transaction method, and the platform acts as a mediator to ensure a secure deal. Cash transactions can be conducted in person, through a bank deposit or even via a money transfer service. A code for success is to exercise caution and follow the platform's guidelines to avoid fraud and scams.

• Bitcoin brokers. You can expand your options to buy crypto assets by engaging a Bitcoin broker like Bitpanda or Bitit. They offer the convenience of buying popular digital assets with cash through traditional payment systems, such as Western Union or cash deposits at a bank. Besides, crypto brokers may offer other features, such as retail CFD accounts. This allows traders to profit from price fluctuations of Bitcoin without actually owning the underlying asset.

• In-person transactions. If you want a more hands-on experience when buying Bitcoins, consider visiting your local Bitcoin meetup group. These groups unite individuals in the cryptocurrency community with an interest in exploring how to enter the field or expanding their knowledge on digital currencies. Many meetup events will feature information sessions, as well as opportunities for members to execute Bitcoin trades face-to-face – providing another potential avenue for traders to buy Bitcoin with cash. Note that this may come with a high risk of fraud if you try to transact in-person or without an escrow service.

Can Foreigners buy Bitcoin in Ireland?

Yes, foreigners are allowed to buy Bitcoin in Ireland. With the legalisation of cryptocurrencies in the country, it is now possible for investors to acquire and store digital currencies. To purchase Bitcoin, non-residents must comply with the EU regulatory framework, which involves registering with an Ireland-based cryptocurrency exchange and completing a know-your-customer (KYC) protocol.

Who Accepts Bitcoin in Ireland?

Bitcoin adoption in Ireland is growing steadily as more businesses and merchants recognise the advantages that come with using crypto technology, such as low fees, no chargebacks, and faster payments. Here's a rundown of the most notable businesses that accept Bitcoin as payment in Ireland.

• Dublin Car Rentals. The company offers customers the convenience of paying with Bitcoin, as well as other currencies, including Euros and American Dollars. Customers can also get discounts when they pay with cryptocurrency through the company’s loyalty program.

• Brian Farnon Jewellers & Gemmologists – it is a family-run business established in 1966 that specialises in jewellery and watch repair. The store accepts payments made with Bitcoin through their website or in store directly via Bitpay.

• Liam O'Reilly Hairdressers – it is a high-end hair salon situated in Dublin city centre that now offers customers the option to pay for their services using Bitcoin and other electronic currencies.

• Irish Anarcho. The company sells products ranging from eco-friendly apparel to coffee mugs and books online, offering BTC as one of its accepted methods of payment. It also offers gift cards which can be purchased using Bitcoins, offering customers up to 15% discounts on select items when buying this way instead of traditional money transfers or credit cards.

• Adventure Sports Ireland. They allow visitors to purchase skydiving, coasteering, archery or even tandem skydiving packages for themselves or for friends or family members using Bitcoins as one of its forms of payment options available onsite or through its website checkout page.

• Crypto Café – it is a coffee shop located in Ireland that allows customers to purchase coffee and other items using Bitcoin, a digital cryptocurrency.

• GSM Solutions is an electronics retailer that has embraced cryptocurrency by accepting Bitcoin as a payment option for their phones and other devices, making it easier for customers to make purchases using the digital currency.

• Murrays Pharmacy is a pharmacy chain in Ireland that integrates Bitcoin as a payment method for purchasing medications and other health-related products.

• Pembury Tavern – it is a traditional pub in Dublin, Ireland, that has made the innovative decision to start accepting Bitcoin as a payment for food and drinks.

How to Cash Out Bitcoin in Ireland?

In Ireland, there are several methods of selling Bitcoin holdings for fiat currency.

• Crypto exchanges. There are several Ireland-based cryptocurrency exchanges including Changelly, where you can sell your Bitcoin for Euros. Withdrawal fees and additional identity checks may incur when utilising this approach to cashing out Bitcoin in Ireland.

• P2P trades. You can sell your Bitcoin directly to other people on platforms like Paxful. These services allow you to set your own price and withdrawal method, while not imposing any trading fee schemes, but you need to be cautious of scammers and fraudsters.

• ATMs. Crypto ATMs are a convenient way to convert Bitcoin into fiat money. Users can simply visit a Bitcoin ATM, sell their Bitcoin holdings, and receive fiat in exchange. Note that Bitcoin ATMs may charge higher fees than traditional online exchanges, so users should compare rates before using this strategy.

• Bitcoin debit card. Some companies like Bitwala and Wirex offer Bitcoin debit cards that allow you to spend Bitcoin as Euros, which is essentially cashing out your Bitcoin. However, these cards may also come with fees and may not be accepted everywhere.

• Gift card. While one of less popular methods of cashing out Bitcoin, gift cards are another option which can be considered. For example, Bitcoins can be exchanged for vouchers, which can be used with online/offline retailers like Amazon. This is very helpful when you are looking for gift ideas. In Ireland, websites like Bitrefill, eGifter, and Gyft allow you to convert BTC assets into gift cards.