TOP 5 METHODS TO BUY BITCOIN USING CREDIT CARD
At present, it’s widely known that bitcoins were commonly used much more than since recently, but nowadays most people are not aware of answers to some basic questions, for example, “Ways to buy bitcoins with a credit card.” Well, at the moment I think it’s high time we helped you out with the solution to that interesting issue. I am going to be your guide through all existing online platforms, which guarantee total safety and security, so that implies your bitcoin buying can be absolutely risk-free. These days, there are more than a dozen of trustworthy platforms where you can utilize credit and debit cards to purchase some bitcoins, but most of them have serious disadvantages and ask for a very high fee. Today I’m going to feature only those bitcoin selling platforms, which have reasonably low fees, responsive support teams and reliable security.
Top recommended methods to purchase bitcoins:
* Purchase bitcoins using a credit card on Cex.io
* Purchase bitcoins using a credit card on LocalBitcoins
* Purchase bitcoins using a credit card on Coinbase
* Purchase bitcoins using a credit card on Coinmama
* Purchase Bitcoins using a credit card on BitPanda
Above all, I’m not going to talk about irrelevant things, let’s continue with an essential part and a complete review telling you about the five best online bitcoin platforms where you can easily utilize your credit card in order to purchase bitcoins.
*1 Cex.io
Official website: CEX.io has emerged in 2013 as one of the most reliable portals for working with cryptocurrencies on the Internet. Many factors produced a huge impact on my decision to list it here as the best place online to purchase bitcoins via a credit card.
The most powerful advantages are:
* Great support around the globe. (Basically more than 24 states are added to the new list!)
* Detailed transaction history. (Depositions and withdrawals, credit balance status)
* Literally swift data processing: you do not have to wait for a single moment when the bitcoins in your wallet are instantly reflected.
* Quick interface.
Customers are supported all the time (365 * 24 * 7), you can also use live chat to contact the support team.
The deposition fee (3.25% + 0.25 USD), a small commission for withdrawal of funds (3.80%)
Step-by-step tutorial on how to purchase Bitcoins with your credit card on cex.io
First of all, you should sign in on Cex.io using one of the available options. (Using the Facebook option is the fastest way to do so, but I would advise you to choose a different optionto have your account better secured) Then simply hit the “buy / sell” button at the very page top.
Enter the number of bitcoins you want to buy. You can either enter a predefined amount or type your own user amount
A pop-up message will ask you to fund your account. Just click on the “fund account” button.
Click on the “Add New Card” button. Type the details of your card and click “Next”.
When you make a deposit, Bitcoins will instantly sent to your Cex.io account!
Caution:
Keeping your Bitcoins in the stock market (no matter how safe and in terms of reputation it is) is the worst kind of Bitcoin control financial strategy you could ever use. This may mean that you need to remove your bitcoins to your wallet as soon as possible. Have no idea which one to choose? Read the article containing the list of the best Bitcoin wallets on this site!
2 LocalBitcoins
Of course, these days LocalBitcoins appears in almost every discussion on this portal, it’s just the atmosphere that the platform can boast of, and its faithful users seem to really enjoy it. We’ve recently taken a few notes on how to buy Bitcoins with Paypal, and LocalBitcoins was our best option to consider.
The most prominent advantages are:
* Feedback and Reputation: You trade only with traders with a good reputation and a good transaction history. No scam activity
* The level of trust of the seller can be easily and thoroughly checked.
* The fee is low
* The
re are different payment methods available
The bond service ensures that your funds are protected. You can find the best local retailers that offer the best deals in the vicinity.
Step-by-step tutorial on how to purchase with a credit card on LocalBitcoins
Go to LocalBitcoins, enter the amount of your local currency you want to spend, and select your country.
Choose “National Bank Transfer” among payment methods
A list of all sellers who accept these payment methods will be displayed on the screen. Choose the most reliable seller you can see in the list. (Do not you know how to do that?) Our article on how to buy bitcoins with PayPal consists of the most reliable strategies of seller search from the list of local dealers, do check it out!) Enter the exact number of bitcoins you would like to purchase, add a message (optional), and move on by clicking on Send Trade Request
You have to wait for the seller to confirm your request. Once they do it, they send you the deal details where they want to receive the payment. Just follow the steps (if they gave you any) written by them and complete the transaction.
You can also use your credit / debit card or bank transfer to send the amount to the seller. I just used my credit card to send the amount right to my bank.
Classify the incoming message as “paid” once you have paid the amount.
Once you have received the appropriate amount, the local bitcoins from the link are going to be automatically transferred to your account.
Bonus tip:
The best feature of LocalBitcoins is that you can find many payment methods from the wide variety. Simply select another option if the transfer isn’t suitable for you, eg. For example, use Perfect Money to add money to your Perfect Money account through your credit card and then send those PM amounts to your seller.Any other local bitcoin methodcan be treated identical.
*3 Coinbase
Coinbase is one of the most popular and internationally famous brands in the Bitcoin industry on the Internet. Therefore, the reliability factor does not need to undergo a new test. The pool of 6.6 million active users clearly reflects its capacities and reputation.
The most impressing advantages:
Low fee: – only 3.75%
Supports up to 33 countries.
$ 10 BTC bonus for purchases over $ 100
The steps to buy BTC through a Coinbase credit card:
Log in to Coinbase by completing a quick and easy registration form
Select “Accounts” (on the sidebar), then the payment methods (see link above)
On the next page, click on Add Payment Method.
Submit the details of your card on the next page.
The card must be validated and you will be asked to send a government document validating your ID. That should not be a problem and is actually a security element and I do absolutely agree with this idea. Nevertheless, after the moment the verification is done, click on “Buy / Sell” button situated on the left sidebar.
On the next page, simply enter the number of BTC you would like to purchase, select the payment method, and select the source for which you want to create the BTC account. When you head over to the next page, just confirm the transaction
Congratulations, you made it! The BTC will be deposited to your wallet you have specified.
Additional Information:
You can buy coins worth up to $ 150 a week with a Coinbase credit card. This is the limit they have introduced to regulate finances and prevent all fraudulent activity beforehand.
*4 CoinMama
CoinMama is on this list because they do really good job in terms of selling bitcoins with a credit card. In fact, their message is like, “Buy Bitcoins with a credit card or cash.” That’s why they treat it serious.
The most profitable pros:
* It is not necessary to do the verifying for transactions up to $ 150.
* Maximum limits are high: – $ 5,000 per day and / or $ 20,000 per month!
* Fees are only 6.75%, for a credit card – 5% for the additional commission
Steps to Buy Bitcoins with a Credit Card on CoinMama:
On the start page, sele
ct or enter the exact number of coins you want. Sign in and then select “Buy Bitcoins”
Enter the exact number of bitcoins you wish to buy
Select “Debit / Credit Card” when moving to the next screen. (This is the only option!)
On the next page, enter the Bitcoin Wallet address you would like to receive coins on and click the “Switch to Payment” button. Make sure that the address appears correctly in the pop-up window that appears, and then continue by clicking on “Proceed to Payment”.
Specify your credit card details on the next page and then click on “Next”.
Payment will be made soon through Simplex and into your bank account. Anyways, once it’s done (which takes a few seconds maximum), Bitcoins will appear in your Bitcoin Wallet literally in a heartbeat. What I dislike about this platform: The price quoted on the website already has a commission of 6.75%. (The cost of the exchange rate is much higher!) In addition, an additional 5% fee will be charged for each transaction in Simplex (or any other payment processor they utilize)
*5 BitPanda
Official website:
https://www.bitpanda.com The fact is that Bitpanda is listed as number five in this case, purchasing Bitcoins with credit or debit cards in no way means it’s not worth it, or less valuable in any way than other options mentioned on this list. It’s the last, but not the least To be perfectly honest, BitPanda has things that are as beneficial as:
* Low fee: approximately 3-4%
* Incredibly fast transaction performance
* Trustworthy reputation
* Easily performed transactions
* The minimum data to provide required for verification.
Supports a truly universal currency, including Bitcoin, Litecoin, Etherereum
How to buy Bitcoins with a credit card on BitPanda:
Go to Bitpanda.com, then click on “Start”
Fill in the main registration form and do all registration steps. (Confirm your e-mail address, password, etc.)
Click on the “Buy” button in the bar from the top. When you navigate to the next page, select bitcoin as the currency of your choice, after that Select VISA / Mastercard as the payment method and then and enter the amount you wish to purchase.
Confirm again that you will use Visa / Mastercard as the method of payment on the next page
And the final step is to validate and confirm your order.
The next step is to confirm that the account holder is a real human. OTP is the easiest way to test it out, just hit that link. (You can also choose a so-called “validation” call). Confirm OTP you got as a message
Then this page automatically forwards you to the credit card. Enter the details of the card and hit the “Pay” button.
And after about 10 seconds, you will receive a confirmation that the transaction was successful, and Bitcoins will go to your Bitpanda Wallet. the card and hit the “Pay” button. And after about 10 seconds, you will receive a confirmation that the transaction was successful, and Bitcoins will go to your Bitpanda Wallet. That step is over! Bottom line For today, let us mention the completion of the manual “How to buy bitcoins with a credit card”.
Remember, there are 50 bitcoin portals that enable you to purchase bitcoins with a credit card, but we focus only on 5 best options. Do you want to learn why? Basically, because these 5 are the most reliable bitcoin platforms, the most famous and user friendly on the Internet. All methods were carefully tested before they are listed here, so we are not quite certain whether those forty-five that were outside of our research are really trustworthy, but what about these 5? You can buy Bitcoins with a credit card in one minute.
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