Please visit Coinbase for its exact pricing terms. Well, the exchange rates are quite affordable and transactions are pretty fast if the seller responds instantly. Under this category, the fees are usually lower than on credit cards. The US is home to most of the world’s largest Bitcoin companies, so it’s no surprise that it’s easy to buy bitcoins in the United States using nearly any payment method: cash , credit card , or bank transfer. LocalBitcoins is a decentralized exchange, where users can trade in-person and the site acts as an escrow system. However, when clients use credit cards in purchasing Bitcoin, they elude the monitoring system as credit money is usually legitimate, they then service their loans with the laundered money and the cycle continues.