Are There Any Limits
“Bitcoin is one of the greatest revolutions of this century. It demostrates that monetary transactions are not neccesarily expensive. In addition it offers a never seen anonymity, that challenges banks pseudo-monopoly.”
Aaron P. L.
“I always felt curious about Cryptocurrencies, but I felt anxious and confused due to its complexety. I did not know where to start from. I wish I had found DameCoins earlier! It is so simple and straigtforward.”
“Among other reasons, I chose DameCoins because it allowed me to buy Bitcoin just using my credit card. In other exchanges I was asked hundred account verification questions until I could invest, usually a 3-4 day long process. On DameCoins the process is fast and seamless.”
How To Register At Cexio To Buy Bitcoin
In case you decided to buy Bitcoin and you are hesitating about which cryptocurrency exchange to choose, you can try to do it at CEX.IO. Even if you are far from being an expert in this field, with a user-friendly interface at CEX.IO, there is no need to worry because the platform offers the best way to buy and trade cryptocurrencies. You just need to follow few steps:
- Register or log into your account if you already have one
- Pass the KYC procedure that allows protecting your account from scams
- Deposit fiats or cryptocurrency. At CEX.IO, you can buy Bitcoin for fiat money to sell it later. As well, its possible to exchange whenever you need it.
After everything is done, you can buy, sell, trade, or stake the digital assets.
Best Variety Of Cryptocurrency Supported: Cryptocom
- Fees: Starting at $650 for a card
- No. of Crypto Supported: 90
- Rewards: 2% cash back
If youre looking for a card that supports a wide range of cryptocurrencies, then a card from Crypto.com is a great option. It features support for 90 cryptocurrencies and six fiat currencies.
No issuance or monthly fees
Rebates on streaming services
Must purchase Crypto.coms CRO tokens
Cards with better perks are expensive
Crypto.com offers seven different metal Visa debit cards that let cardholders spend up to 90 cryptocurrencies and six fiat currencies anywhere a Visa card is accepted, which is why we chose it as the best for its variety of cryptocurrency supported.
In order to buy each of the Crypto.com cards, cardholders must stake an amount of the companys native CRO tokens . At the time of writing, a CRO token costs $0.13, with prices for each card at 5,000 CRO , 50,000 CRO , 500,000 CRO , and even five million CRO .
Crypto.coms most popular 5,000 CRO Ruby Steel card offers 2% back on every purchase, a 100% rebate on a yearly Spotify subscription, no ATM withdrawal fees for up to $400 per month, and interbank exchange rates for up to $4,000 of exchanges each month.
Crypto.coms other cards offer 3% to 5% back, rebates on more streaming services, no ATM withdrawal fees, and interbank exchange rates for currency exchanges with higher monthly limits.
Read Also: Can I Buy Crypto With Credit Card
Bitcoin Exchanges With Credit Or Debit Card
Internet transactions have been on the rise in the recent years, and there is no reason to expect the trend to change in the following period. Visa, MasterCard, and Maestro cards are now equally part of our lives as cash is. Purchasing of bitcoins with credit/debit card passes through similar stages that all other products go through.
- very high transaction fee of 7%
- not available in all of the USA.
Where Can I Use A Bitcoin Debit Card
Bitcoin debit cards are issued in partnership with major credit card services and can be used online or in-store wherever the major credit card is accepted. Cardholders can also withdraw cash at any ATM supported by the credit service.
Its important to note that Bitcoin debit cards can only be issued to residents of specific regions, most commonly Europe. The cards also support certain fiat and cryptocurrencies and will charge cardholders for converting crypto into fiat currencies that are considered foreign.
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Sell Bitcoin With Instant Sell
Now lets have a closer look at the unique Instant Sell feature in CEX.IO mobile app, which gives you the possibility to get cryptocurrency with your debit card asap.
Have a look at the 4 Instant Sell options. These are the boxes with price and amount, so-called Fill-or-Kill orders. FOK orders were implemented for you as the fastest way to buy BTC.
How do the Fill-or-Kill orders work?
At the top of the three first orders, you can see the amount of money for which you can sell assets that you need. As for the fourth, you may decide which amount of your assets you are ready to sell to get fiats. Above them, you may choose the crypto you want to sell and the fiat currency you would like to get: USD, EUR, GBP. The amount of fiats you can get freezes you can see the countdown in the bottom in order to allow you to sell crypto asap for the current market price and to make sure you get the desired proceeds.
Can I Buy Less Than 1 Bitcoin
Yes. To make the transaction even more convenient, you can type in the number that you want to buy or sell in a fiat currency that youre using. The number of coins that you will obtain or sell will highlight automatically. At CEX.IO the minimal transaction is approximately $20 which is a tiny fraction of the oldest crypto. Please, check our price chart for finding the latest price correlation.
Read Also: How Do Crypto Futures Work
Withdrawing Bitcoin From A Brokerage Account
Bitcoin is a decentralized asset, which means theres less risk of losing your coins or being hacked. However, its not secure to leave your coins in your brokerage or exchange account as these are centralized, and if hackers hack your account, they can somehow access your bitcoins.
To avoid this risk, you can create a bitcoin wallet account and withdraw your BTC into it. With this method, you get full access to your coins, and there is no third party between you and your coins. There are various versions of building your BTC account, and CFD trading platforms are among the providers of such wallets. If you want to get more information about safely storing , visit our guide to learn How to Open Your Free BTC Account.
Best Platform to Buy Bitcoin with Debit Card
- Free Wallet for 100+ Cryptocurrencies and Staking Rewards
- Debit Card & Credit Card Deposits Accepted – VISA, Mastercard, Maestro, Amex
- Trusted by Millions of Users trading Crypto, Forex, Commodities, ETFs
- CySEC, ASIC & FCA regulated
Which Crypto Debit Card Works For India
Now we would like to hear your experience of using Bitcoin debit cards. Which card are you using? Which card do you recommend? Do let us know in the comments section below!
And if you found the post useful, do share it with your friends on Twitter & Facebook!
For further reading:
Recommended Reading: How To Receive Crypto On Coinbase
Capitalcom Buy Bitcoin With An Ai Trading Platform
Being a completely new CFD trading platform in the industry, Capital.com has gained a good reputation among its users. The platform accepts customers from over 50 countries worldwide and stands out with its innovative trading tools. Capital.com supports a wide selection of assets, including 29 cryptocurrencies that customers can trade using artificial intelligence-based solutions.
The platform offers four types of trading accounts Standard, Plus, Premier, and Invest each type of account is designed for traders of different levels. When it comes to trading fees, the broker does not apply commissions but charges variable spreads, which is 0.5% for BTC trading. The minimum deposit fee is £/$/20, but this differs depending on the trading account you select.
Finally, the platform accepts several payment methods, including credit and debit cards, wire transfers, and several e-wallets. Capital.com also stands out with its firm regulations the broker is regulated by three tier-1 authorities and the National Bank of the Republic of Belarus.
71.2% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.
Enter Your Billing Address
Enter in your billing address in order to process your payment, making sure the address corresponds to a country we support .
If you are purchasing more than 150 EUR, you will be asked to provide an official proof of identity. Just upload an original picture of a valid government-issued ID and a selfie of you holding this document. Once approved, you can proceed to the next step.
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How To Buy Bitcoin With Credit Card
In this section of our guide, well show you a step-by-step process of how to buy Bitcoin with a credit card with one of our recommended brokers, eToro. Being one of the most popular brokerage platforms, eToro stands out with several features: a social trading platform with unique tools, excellent user experience, strong regulations, zero-commission for trading, etc.
eToro is also a CFD trading platform, meaning you can buy Bitcoin in the forms of CFDs, though it enables you to also buy Bitcoin outright. The platform offers a vast selection of assets and supports multiple payment methods to deposit and withdraw funds. To get started, heres what you need to do.
Debit Card To Bitcoin: Is It Possible To Convert My Debit Card Funds To Btc
As in the above case, you cannot directly convert your debit card funds to Bitcoin. The systems are currently incompatible. Remember, Bitcoin is more volatile than fiat currency, and the transactions are often irreversible. Debit card funds can be reversed. Besides, unlike typical debit card funds, Bitcoins are decentralised currencies. While new developments in the financial services industry show this may change after a short while, it is best to learn the indirect methods of converting the funds to BTC.
Evaluate the pros and cons of your chosen platform before deciding to buy Bitcoin with a debit card. Most of them have a simple signup process. Once you verify your identity, you can convert the funds. The best exchange should have an escrow system that ensures your funds are safe. But do not expect to get anonymity since debit cards operate in centralised systems. They validate your identity before allowing you to buy Bitcoin with a debit card.
Read Also: How To Start Your Own Crypto Coin
How To Use Coinmama
Step 1: Create an account on the platform using your email, name, and country of residence. Check your email for account verification.
Step 2: Verify your identity. A drivers license, state ID or passport is required.
Step 3: Click on the Bitcoin button on the menu to proceed to the purchase screen.
Step 4: Various packages will be displayed. Choose your preferred plan or enter your desired amount of bitcoin in $ or BTC.
Step 5: Enter your wallet address to receive bitcoin.
Step 6: Enter your card information. Click Pay Now when you are finished.
Step 7: Congratulations! You have officially purchased bitcoin on Coinmama.
Gemini has been in operation since 2014 and is developed, licensed, and regulated in New York, New York. Gemini is one of the most convenient and popular platforms for buying and selling bitcoin in the world. Through its simple and intuitive interface, customers can acquire cryptocurrencies in minutes for themselves.
Gemini enforces the highest security standards for the protection of your data. Gemini supports a multitude of currencies including USD, AUD, CAD, EUR, GBP, HKD, and SGD.
To get started with buying bitcoin on Gemini you will need to upload a form of identity verification, proof of residency, and a bank statement.
Best Places To Buy Bitcoin
One of the best places could be an online exchange. There are quite a few reasons for doing that. First of all, whether you consider digital money a serious long-term investment or a day trading instrument, you absolutely need a safe and reliable place for holding your funds and of course, for performing transactions.
Other reasons for choosing this method:
- Easy to use, doesnt require blockchain knowledge
- Regular free crypto giveaways
- Only legitimate coins listed
- Offers services which you wont find on the blockchain itself
- Ability to hold various currencies all in one wallet
- Special services like CEX.IO Staking which brings a passive income
- If youve lost your password, its not the end of the world, unlike traditional wallets
- The rates are transparent and renew every 60-120 seconds .
Centralized exchanges like CEX.IO come with a whole bunch of functionality wrapped in the simple and minimalistic design. But whats even more important, their operation is supervised by numerous financial regulators. Thats why, an entity that works on a global scale, based on licenses obtained in every particular region where it operates, might be considered the best place. Otherwise, dealing with various independent storages incurs some risks associated with the nature of those methods. For example, a wallet address printed on a piece of paper may easily get lost. An account at an unregulated decentralized service brings a risk of hacking the individual profile and stealing funds.
Recommended Reading: Where Is The Blockchain Stored
Get Bitcoins With A Credit/debit Card At Coinmama
You would need to create your account and fill out your personal information to be able to trade in Coinmama.
After the profile completion, click Buy bitcoins in the navigation bar at the top of the page and set the bitcoin amount you wish to trade.
Next step would be to choose your payment method and to add your wallet address.
In the following step, fulfill your billing information and address, enter the credit card information and verify your phone, email and scanned ID.
Once your verification has been confirmed, you will receive a confirmation email where your bitcoin transaction has been carried out and your verification process has been finished.
How To Buy Bitcoin On Paxful
Here at Paxful, our goal is to make financial services accessible to millions of people around the world. We want to give people the opportunity to spend money wherever they see fit and significantly improve their everyday lives.
Our platform works on the principle of peer-to-peer finance, which enables you to buy Bitcoin directly from other users like yourself, without involving banks or corporations. You will become part of a community made up of over three million users, all of whom have come to us with the goal of gaining control over their finances.
Buying crypto on Paxful is simple just follow these steps:
You can also watch our detailed video walkthrough on how to buy Bitcoin instantly.
Recommended Reading: How To Send Bitcoin With Coinbase
Buy Crypto With Instant Buy
Likewise, proceeds buying process.
Lets suppose you want to for USD. What should you do?
1. You need to choose to Buy ETH and With USD
2. Then youll see the $200, $500, $1000 at the top of each order. If these are the amounts you were eager to spend, opt for one of them. Otherwise, input your amount into the 4th order to see how much ETH you will get. For example, you choose $500, which appears to be the most popular one
3. Press the Buy button
4. If you are already logged in, just sign in to your account by typing your e-mail and password. Provide info about your card. You are allowed to use any Visa or MasterCard issued in any currency.
6. Confirm the transaction.
Thats it! Now, if the current market conditions can execute your order on terms you agreed on or even on more favourable, the order will be filled. However, in case of a sudden spike in the exchange rate preventing the execution of the order on the agreed conditions you will get a notification that your order was submitted.
As soon as the circle line becomes blue, the price switches according to the market shifts.
In the same fashion, you can use Instant Sell with other fiats and cryptocurrencies.
How To Buy Bitcoin With A Debit Card
Bitcoin is the first cryptocurrency that appeared in the world, bringing the wind of changes and completely reframing our perception of money. Nowadays, not only significant investors and owners of big companies like Tesla could afford to buy digital assets. Cryptocurrency has invaded the world so fast that now it is accessible for every person. Thus, no one will be surprised to hear from friends that they own a few crypto assets or trade Bitcoin at a .
A lot of people learn some tactics and figure out various strategies in order to get profit on selling, buying, trading, or staking crypto. If you are willing to be a part of the community that possesses digital assets, CEX.IO is a perfect platform to begin. All the processes are easy to understand, and the interface is intuitive. So it wont be a problem to learn all the features and functions quickly to find out, for example, how to , or how to buy Bitcoin with debit card in USA.
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