Coinbase is available in 32 countries

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As the price of Bitcoin continues to skyrocket and Bitcoin adoption realises rapid growth, we have more and more customers searching for the price of Bitcoin and asking us: Bitcoin isn't pegged in any way to the USD or to any other currency, country or any exchange. The rate provided by Google and other Bitcoin price trackers is usually just an average estimate or a recently traded price of Bitcoin on some international Bitcoin exchange.

Customers from our countries of operation sometimes search for the price of Bitcoin in their home currency: This does not mean that every individual platform that allows you to buy and sell Bitcoin with Malaysian ringgit — like Luno— will trade at exactly that exchange buy bitcoin by country at exactly that time. The price displayed on Luno is unique, simply because the supply and demand — set by the buyers and sellers on Luno— are unique and therefore different from other exchanges, like the Coinbase rate displayed on Google.

Price as at time of writing on https: Luno does not directly buy, sell or set the price Bitcoin. Bitcoin exchanges buy bitcoin by country places where people who have Bitcoin supply can buy bitcoin by country it to those who want it demand. The price will simply be whatever supply and demand dictates. If an exchange sees more people selling than they are buying, the price is likely to drop, as supply outweighs demand.

The same goes for more people buying on that particular exchange, should demand outweigh supply, the price will go up.

We wrote a detailed piece about how the price is calculated, you can read it here. This process is actually widely known in Bitcoin and other markets and is known as arbitrage. If you have identical items — say avocados Soon, however, the novice trader will realise that it is a little trickier than just looking at the numbers displayed.

The costs involved in sending money abroad could include: It all just depends on the market conditions, something buy bitcoin by country changes all the time. Although it is easy to speculate about the causes for the Bitcoin premium seen from time to time, it is important to realise that you are not trading directly with Luno. We merely provide the platform buy bitcoin by country which buyers and sellers interact. The forces of supply and demand which ultimately determine the price.

Werner was our former Head of Communications. His passions include payments, buy bitcoin by country, technology, marketing and design: Buy, store and learn about Bitcoin and Ethereum now. We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more by visiting our privacy policy. By continuing to use the site, you are agreeing to our use of cookies.

BitX is now Luno. Price charts Bitcoin Price Ethereum Price.

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Buying and selling bitcoins differs from country to country. Scroll down for a list of platforms by country. The introduction shows you what you need to consider when buying and selling bitcoins and which payment options you have.

If you want to get started as quickly as possible you have two options. If these options aren't feasible for you, read on. There are 3 ways to buy and sell bitcoins. Besides our list, these resources are helpful: To get started quickly we recommend Lykke where you can buy bitcoins with your credit card. If you can't find your country in the list below please check out the three links above.

Otherwise LocalBitcoins is a great choice in many countries that are not listed here. Bitstamp is accessible to everyone who can do a bank transfer to their bank account in Slovenia, regardless of the country of your residence. In Asia the exchange Coincheck. Contact Us Contact Us. Where can I buy and sell bitcoins? If you want to get started as quickly as possible you have two options Login to your Bitbond account and buy bitcoins with a simple SEPA wire transfer European bank account required Get the Lyyke app and buy bitcoins with a credit card credit card required If these options aren't feasible for you, read on.

There are 3 ways to buy and sell bitcoins Brokers: It is usually faster than going through a marketplace or an exchange and the sign up process is easier. But often this also means a bit higher fees. Coinbase is the most prominent example of a large broker with a presence in 24 countries.

LocalBitcoins is a good example for an international marketplace. The advantage of a marketplace is that cash can be a payment option. However, it usually takes a couple of days until the verification process is completed. If you don't want to wait for a few days, a broker is the better choice. If you want to buy larger volumes more frequently signing up with an exchange is worth the money saved.

Consider these 5 factors when you buy or sell bitcoins Speed: On exchanges the verification process can take a few days but transactions can be very quick. With brokers or marketplaces the initial sign up usually is fast but completing a trade can take a couple of hours or even a day or two.

Don't fall for players that try to stay anonymous and don't publish the name of their company only for a slightly lower fee. Typically brokers are more convenient but also a bit more expensive than exchanges. Before a transaction make sure you know which fees you are paying. Before you buy or sell bitcoins make sure to compare prices of different platforms in your country.

Different prices are mainly the result of different market liquidity. If you use marketplaces like LocalBitcoins you can meet the seller in person and pay with cash. When you buy bitcoins online you need to do a bank transfer or pay by some other method.

Therefore check first if you have access to one of the offered payment options. Different payment options also have an impact on the fees you need to pay. Bitcoin price of the last 12 months on Bitstamp List of platforms by country where you can buy and sell bitcoins Besides our list, these resources are helpful: Buy Bitcoins Worldwide How to buy bitcoins in In Asia the exchange Coincheck is one of the most popular ones.

The "Type" column indicates whether the platform is a broker B , a marketplace M or an exchange E. Country Platform Type Buy?