Bitcoin Exchanges

Where to buy bitcoin matters. I recommend Bitcoin-only exchanges that don't push altcoins, and P2P options when you value privacy. Not your keys, not your coins, so always withdraw to self-custody.

Don't leave bitcoin on exchanges

Exchanges are for buying, not storing. Mt. Gox, Quadriga, Celsius, FTX. The list of collapsed exchanges keeps growing. Always withdraw to your own hardware wallet. Not your keys, not your coins.

Bitcoin-Only Exchanges

Centralized exchanges with KYC. Best for regular DCA.

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#1
River

River

Bitcoin-OnlyLightning
San Francisco, USA·Fees: 1% (0% on recurring after first week)
#2
Strike

Strike

Bitcoin-OnlyLightning
Chicago, USA·Fees: 0.49-0.99%
#3
Bitcoin Well

Bitcoin Well

Bitcoin-Only
Edmonton, Canada·Fees: 1.2% spread, 0% withdrawals
#4
Relai

Relai

Bitcoin-Only
Zurich, Switzerland·Fees: 1.5-2.5%
#5
Bull Bitcoin

Bull Bitcoin

Bitcoin-Only
Montreal, Canada·Fees: 0-2%

P2P Exchanges

Peer-to-peer trading. No-KYC options for privacy.

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#1
Bisq

Bisq

P2PNo-KYC
Decentralized·Fees: Variable (paid in BSQ)
#2
RoboSats

RoboSats

P2PNo-KYCLightning
Peer-to-Peer·Fees: Low (Lightning-based)
#3
Peach Bitcoin

Peach Bitcoin

P2P
Peer-to-Peer·Fees: Variable
#4
HodlHodl

HodlHodl

P2PNo-KYC
Peer-to-Peer·Fees: 0.5-0.6%
#5
LNp2pBot

LNp2pBot

P2PNo-KYCLightning
Peer-to-Peer·Fees: 0.6%