Previously, acquiring bitcoins with a credit or debit card was extremely difficult in the past. Even people with technical knowledge had many problems to acquire the lucrative currency. Fortunately, many reliable and reputable exchange platforms have emerged in recent years, such as Kraken, Coinbase and CoinMama. These exchanges facilitate the purchase of bitcoins with credit or debit cards.
Users must create a Bitcoin wallet before they can use the full potential of Bitcoin Exchange. Portfolios are fairly easy to create and manage and can be stored in a phone, on a computer, online or offline, such as a mobile phone or paper wallet or some type of cold storage method. The safest way to save your Bitcoin is to use a hardware portfolio such as Trezor or Ledger.
Another thing to consider when buying your bitcoin is the fee charged by the exchange for each transaction. Take a look at the rates and compare them with the file sharing sites below. For greater security, take care of your purchase of Bitcoin. In this article we have compiled a list of the most famous online exchanges for the purchase of Bitcoin with your debit or credit card.
BitPanda is a large and reliable Bitcoin trading platform based in Austria. Its biggest disadvantage is that it only serves the inhabitants of Europe. The platform also enables users to buy Ethereum. BitPanda discovers the same verification processes as other major exchanges. The purchase limits for credit card transactions, however, are higher than $ 2,000 per day, with a maximum of $ 75,000 per month. Other payment methods allow you to buy up to $ 10,000 per day or $ 300,000 per month. Since transaction fees are also quite low, BitPanda is an excellent option to buy bitcoins with credit or debit cards from citizens of European countries.
Coinbase is the largest commercial platform in the world. Currently, the platform is fully operational in the United States, Canada, Europe, the United Kingdom, Australia and Singapore. The platform allows users to buy bitcoins immediately with a credit or debit card.
All you have to do is:
Create an account on the platform
Verify some personal information and register.
Occasionally, Coinbase may ask users to upload an ID issued by the government, such as a driver’s license, passport, etc. It is recommended to confirm your account with as many identities as possible. so you can buy more bitcoins with a credit or debit card. Over time, you will also notice that your purchase limits are increasing. For larger orders (in thousands) you must add your bank details and make a transfer. Once the verification process is complete, users can access their profile and find an option to add payment methods to their account. Users can link their PayPal account, bank account or debit / credit card. Remember that purchases made directly through bank accounts take up to five days to be reviewed. All cryptocurrencies purchased through Coinbase will be sent directly to your Coinbase wallet. The platform does not charge fees for the use of debit cards. However, a small fee of 3.7% is charged per transaction with a credit card.
CoinMama is a large Bitcoin exchange that allows users to buy coins with their debit or credit cards. The platform takes small transaction fees. However, the limits on the amount of bitcoins that a user can buy are much higher than those of Coinbase. Users can buy up to $ 5,000 per day or up to $ 20,000 per month. All users must use CoinMama to create an account, log in and access the profile page area to enter personal information.
After that, users will be presented with a page that allows them to select the number of bitcoins they want to buy, and once selected the appropriate amount, they can add their preferred payment methods and their addresses in bitcoins. Users should also check their phone number and email address. CoinMama does not require most users to download their state-issued ID. After completing the above steps and performing the verification process, users can purchase bitcoins through CoinMama
CEX.io is one of the world’s oldest Bitcoin exchanges in the US, Europe and some South American countries. CEX.io is very popular and the cryptocurrency community relies heavily on it. The trading rates on the platform are pretty low. However, the verification process is more extensive than other exchanges. Users are sometimes asked to upload a photograph of themselves with some sort of identification issued by the government. CEX.io works on the same principles as most other popular Bitcoin exchanges.
Alternately, a cryptocurrency is associated with the conversion of one currency type into another. It’s really easy to use and offers a wide range of cryptocurrencies. You also suggest buying certain currencies USD and accept payments via MasterCard or VISA, which allows them to easily get bitcoins from your bank card or credit card. Changelly is a very reliable exchange with TrustPilot’s “Excellent” rating as it has been running smoothly for over 2 years. It’s easy to sign up to Changelly with just the required email confirmation, which means you can quickly get the currency you want in your wallet.
Find other exchanges, you are to research very well before you try any other exchanges so as to be free from risks, you’ll find that you’re selling bitcoins and other cryptocurrencies. It is therefore important to use due care on the platform. Make sure the platform you want to use has a good reputation and read the reviews. There are many scammers, as well as dark markets. It is not uncommon for the unscrupulous exchange of bitcoins to steal credit card information and other sensitive information from your users.
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