How To Buy Bitcoin With Credit Card

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How To Buy Bitcoin With Credit Card

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Various cryptocurrencies including Bitcoin can be bought or sold using different methods. Even the cryptocurrency exchanges facilitate the bitcoin trade and here we will discuss the best cryptocurrency exchanges from where you can buy and sell bitcoin using a credit and/or a debit card. – PowerPoint PPT presentation

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Title: How To Buy Bitcoin With Credit Card


1
How To Buy Bitcoin With Credit Card?
2
Best CryptoCurrency Exchanges To Buy Bitcoin
(BTC) With A Credit or Debit Card
Various cryptocurrencies including Bitcoin can be
bought or sold using different methods. Even the
cryptocurrency exchanges facilitate the bitcoin
trade and here we will discuss the best
cryptocurrency exchanges from where you can buy
and sell bitcoin using a credit and/or a debit
card.
3
CoinMama is one of the first U.S.-based
cryptocurrency exchanges offering flexible means
to buy bitcoin. It offers easier payment options
for its customers. It offers Bitcoin purchase via
the Western Union apart from credit and debit
cards. It enables the buying of Bitcoin in high
volumes. Every month, the unverified accounts can
purchase up to 150 worth of BTC while the
verified accounts can purchase up to 20,000.
PROS CONS
It is one of the oldest and reputable companies It offers limited service and is only available to the U.S. residents as of now
It offers speedy services along with simple verification process
It offers un-definable customer support
COINMAMA
4
Coinbase is the worlds largest Bitcoin (BTC)
broker. It comes with very stringent security
protocols. It holds all of its Bitcoins along
with the other cryptocurrencies in a truly
offline vault requiring their staff to physically
go and tap for the daily transactions on the
platform. Currently, it accepts payments for BTC
from 33 countries. It allows the registered
buyers to make an instant purchase of 150 each
week and after full verification the buyers can
buy bitcoin up to 1000 each week using credit
cards..
PROS CONS
It offers user-friendly interface suitable for all types of buyers It offers limited service and is only available to 33 countries
It offers lowest fees It is not that efficient in resolving customer complaints especially with  the suspended accounts
It bears a huge reputation
COINBASE
5
It is an Australian-based startup offering a wide
range of the payment options apart from credit or
debit card such as Skrill, SEPA and Neteller.
They offer mid-ranged fees owing to an array of
the accepted chargeback modes, while the fees for
the credit cards is usually less than the other
options. It charges 2 region of a credit card
transaction. The amount of bitcoin you buy
depends on the level of verification you choose.
It varies from 50 Euros to 600 Euros per month
(for low level verified customers) and upto
75,000 Euros a month for the completely verified
ones.
PROS CONS
It is a highly reputable and reliable broker The Bitpanda fees are not displayed separately but remains hidden within the bitcoin price
It offers lowest fees on the Credit and/or Debit Cards It offers limited service and is only available to European citizens as of now
It offers on-time and uber customer service
BITPANDA
6
CEX.io is a bitcoin broker initially started as a
cloud mining startup. It accepts high risky
payment options like the credit cards and
undergoes a rigid verification of each customer
before they can transact freely on the platform.
The purchased bitcoins instantly gets transferred
to the buyers wallet. There is no extra hidden
charge and promises to deliver the agreed upon
bitcoins to its customers.
PROS CONS
It offers its services to a wide variety of countries unlike many other crypto exchanges The fee levied is very high
It is one of the oldest companies and holds the best reputation in the industry
It offers pretty high buying limits for bitcoin while the corporate accounts can purchase unlimited Bitcoins
CEX.IO
7
It is a Luxembourg-based cryptocurrency exchange
and extends its services worldwide. The users
will need to have extra patience as its
registration and verification takes a little
longer owing to the worldwide service offering.
It processes the credit and debit card payments
via Simplex, the similar service that CoinMama
uses.
PROS CONS
It accepts credit card payments along with several other payment options The fee levied is very high
It holds the best reputation in the industry Verification process is much slower than usual and can be tedious
It is serviceable to customers located all over the world The platform is not that user-friendly
BITSTAMP
8
247Exchange is a worldwide cryptocurrency
exchange offering brilliant customer support. It
offers a very low amount on the users accounts
before they start buying bitcoin.
PROS CONS
It offers worldwide service The fee levied is very high
It provides prompt customer support and considered one of the best in the industry Verification process is much slower than usual, glitch-full and is tedious
247EXCHANGE
9
LocalBitcoins is a peer-to-peer (P2P)
cryptocurrency exchange and aids people to buy
bitcoin easily online. It accepts credit card
payment along with other wide range of payment
methods such as PayPal. Wire transfers, gift
cards and local bank deposits. It keeps the
transactions anonymous and would not ask you your
personal information.
PROS CONS
It maintains strong verification of all the payment methods including credit cards The users need to opt for escrow as there are high risks of fraud
It lays out very attractive prices The procedure could be a little tedious
It is serviceable to customers located all over the world
LOCALBITCOINS
10
Thus, it is clear that there are a lot of various
ways with which you can buy or sell bitcoins. It
is completely up to you which way you must go to
acquire your Bitcoin or sell your bitcoin. You
must choose the best way comparing the pros and
cons of the crypto exchanges before trading
bitcoin. It is also recommended that you adopt
extra care while entering your credit card or
debit card details online. You must in no time
stop any transaction in case you are suspicious
about anything, else you could be defrauded and
would be hard to retrieve the stolen
cryptocurrencies.
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