How to Buy Bitcoin and Crypto in Hungary
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Trading Bitcoin and Cryptocurrency and How to Buy Bitcoin and Crypto in Hungary
To buy Bitcoin or other cryptocurrencies in Hungary, you can follow these general steps:
- Choose a cryptocurrency exchange or brokerage platform that supports the cryptocurrency you want to buy.
- Create an account on the platform by providing your personal information and completing the verification process.
- Add funds to your account using a bank transfer, credit/debit card, or other payment methods supported by the platform.
- Navigate to the cryptocurrency you want to buy and place an order by specifying the amount and price at which you want to buy.
- Once the order is executed, the cryptocurrency will be credited to your account.
It’s important to note that cryptocurrency trading is highly speculative and involves a high level of risk. You should do your own research and understand the risks before investing in any cryptocurrency. It’s also recommended to store your cryptocurrency in a secure wallet outside of the exchange to minimize the risk of hacking or theft.
Hungary has specific regulations related to cryptocurrency trading, and it’s always advisable to keep up to date with any changes in the regulatory environment. Additionally, it’s important to understand any tax implications related to buying, selling, and holding cryptocurrencies in Hungary.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.