Buy Crypto in Ireland Guide is one of the most popular cryptocurrencies on the market, with its price rapidly rising and even more promising horizons forecasted. Many investors wonder how to get their hands on this digital asset and add it to their investment portfolios. This article will walk you through the best options available for buying Bitcoin in Ireland.
The first option is to purchase Bitcoin directly from cryptocurrency exchanges that service the country. These platforms offer a range of payment methods and verification processes, so make sure to choose a trustworthy and secure option. Some of the more reputable exchanges include Binance, which is a popular choice among Irish users due to its low fees and strong security measures.
Buy Crypto in Ireland Guide: Where & How to Purchase
Another way to purchase Bitcoin is to use a credit card or bank account that supports the currency. Revolut, for example, offers a convenient solution for this purpose, with its app seamlessly integrating both bank accounts and cryptocurrency wallets. The company’s competitive rates and trusted support network also enhance its appeal.
You can also buy Bitcoin in Ireland by attending local cryptocurrency meetup groups, which unite individuals with an interest in digital currencies. These events often host information sessions and offer opportunities to trade Bitcoin face-to-face. However, keep in mind that this method comes with a high risk of fraud, so be careful when transacting in person. In addition, you must be aware that cryptocurrencies are treated as property in Ireland and any gains you experience from their disposal are subject to Capital Gains Tax.