What determines Bitcoin's price？

Bitcoin live price is determined by supply and demand. Major crypto exchanges like Phemex make it easier for investors to place their trades, but at the end of the day BTC price and Bitcoin price trends are set by the actual buyers and sellers. Significant news, regulations, and technological changes such as forks will also likely have an impact on Bitcoin price in the short-term.

How can I buy Bitcoin and where can I store it?

You can buy Bitcoin directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. On Phemex, you have the option to purchase Bitcoin via credit or debit card, bank transfer, or peer-to-peer. You can also use other cryptocurrency, like USDT, to purchase BTC on the Phemex spot market. After acquiring Bitcoin, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms and transparent proof-of-reserves.

Is Bitcoin safe to use?

Yes, Bitcoin is technically secure due to its decentralized nature and the cryptographic security of the blockchain. However, users must take precautions with their wallets and private keys. Most security issues stem from poor storage practices or phishing scams, not flaws in the Bitcoin protocol itself.

Is Bitcoin a good investment?

That’s up to you to decide! Bitcoin price history has shown that it can be highly volatile, but considering price now compared to inception, it’s one of the highest growth assets. Every Bitcoin and crypto investor should do their own research before investing in any digital currency. Phemex provides a comprehensive academy of over 1000 articles on bitcoin value, blockchain technology, and technical analysis for you to gain knowledge and make informed investing decisions.

What is the maximum supply of Bitcoin?

Bitcoin is programmatically limited to a maximum supply of 21 million BTC. Once this total supply is in circulation, no new BTC can be minted, mined, or produced in any way. Due to the network’s decentralized nature, no central authority can influence or change this maximum supply.

How to Buy Bitcoin (BTC) Guide

How to Buy Bitcoin (BTC) on Phemex

Buy Bitcoin (BTC) effortlessly on Phemex, the most efficient crypto exchange trusted by millions. Enjoy secure, instant purchases with flexible payment methods, including credit cards, bank transfers, third-party providers and P2P trading, accessible worldwide. Phemex’s intuitive platform and robust security make buying BTC seamless. Kickstart your cryptocurrency journey today—buy Bitcoin securely and confidently on Phemex.

Price of Bitcoin

$86,960.00 -1.81%

Where can I Buy Bitcoin (BTC)?

Discover where to buy Bitcoin (BTC) on Phemex, a secure cryptocurrency exchange trusted worldwide. These three easy steps let you buy BTC with low fees using credit cards, debit cards, bank transfers, or third-party providers—no minimums, no hassle. With two-factor authentication (2FA), proof-of-reserves audits, and anti-phishing protection, Phemex is the safest place to buy Bitcoin and the best place to buy Bitcoin online.

Step 1. Set Up a Secure Account

Sign up on Phemex in moments with your email to start trading Bitcoin (BTC) globally. Complete quick identity verification to unlock instant purchases. Phemex’s secure registration, backed by 2FA and proof-of-reserves audits, keeps your account safe from the start, making it a trusted cryptocurrency exchange.

Step 2. Choose a payment method

Choose payment options like credit cards, debit cards, bank transfers, or third-party providers to fund your account. Deposit USDT or crypto with instant processing in multiple currencies, no minimums required. Phemex’s secure platform ensures the fastest way to buy (BTC) with peace of mind.

Credit/Debit Card

Support:

Currencies 30+

Lowest Fee 0.8%

Arrival Instant

Best For First purchase/Small Amounts

Buy with Credit/Debit Card

Bank Transfer

Support:

Currencies USD/EUR/CHF/AUD/GBP/JPY

Lowest Fee 0.08%

Arrival Instant

Best For Larger Amount

Buy with Bank Transfer

Third-Party Provider

Support:

Currencies 50+

Fee Varies

Arrival Varies

Best For Regional Promos

Buy with Third-Party

Step 3. Buy and Store Bitcoin (BTC) Safely

Go to the spot trading section, pick Bitcoin (BTC), and enter your amount. Buy BTC with low fees and store it in Phemex’s high-security wallet, protected by advanced encryption. Buy BTC safely and start trading or holding your purchase BTC today!