Buying Bitcoin with a credit card is straightforward if you know where you must look. However, how will you get started with it? Follow the given steps, and you will be on the way to purchasing digital currency within no time. So, if you are interested in Bitcoin trading, you may consider using a reliable trading platform like Big Money Rush
Get BTC with a credit card
Suppose you want to purchase bitcoins with a credit card; many options exist. You may fund the purchase using a debit card, wire transfer, and bank account. Suppose you have access to the local currency and do not mind fees linked with using a debit or credit card in exchange for the Bitcoin (that is like exchanging a valuable commodity). It will be simpler than using the cash deposit in an exchange bank account and paying with PayPal. However, you will need to wait days until the transaction is complete due to verification and processing time by the bitcoin miners who determine if they will approve transactions based on the fee structure (the higher their fee, the better will be a chance that they are paid).
Where to buy BTC with a credit card?
You will come across many ways to buy BTC with a credit card. Coinbase is widespread, providing users with many options to buy cryptocurrencies like Bitcoin, Litecoin and Ethereum with a credit card. Coinbase allows you to open an account with them, so you may use the platform as the go-to place if you wish to buy bitcoin from anywhere. Furthermore, you may use the service if you want one or more cryptocurrencies on your purchase. For example, if somebody asks what type of coins they must have, it will be beneficial to add the coin to the list (Ethereum). There are many popular options as it provides low fees compared to other exchanges that charge over 1% plus 0% to 5% transaction fee for every purchase transaction made by bank wire transfers!
How to get a BTC debit card?
Buying BTC with a credit card is quite simple. You may either get a Bitcoin debit card or buy Bitcoins with the bank account, but it is essential you know you need to be very careful while doing this. Check out a few steps to start with it:
First, you must find a reputable exchange that accepts deposits in US dollars so that they will send your BTC to their address. There are many exchanges out there; however, it is always better to go with the exchange as it provides high security and convenience features like 24/7 support services and mobile apps if required. When you sign up with the exchange, log in to the website using Firefox or Google Chrome by visiting the site. Click on the “Sign Up” button in the top right corner and carefully enter all essential details, including name, address, email address, and more. After that, submit the payment details, like the card type expiration date and wait until the verification email asks if they want to activate the new account. That means confirming the identity before they proceed further in the buying process, which must not take more than some minutes after submitting the correct information.
With the given tips, one may buy bitcoins with credit cards. Buying bitcoins with a credit card is very simple, and you can do this in easy steps. Open up the account at any exchange and link the credit card or bank account to the account using the link on the website. Suppose you still need an account; they can create one for you too! When linked, select how much money you want to transfer and enter the amount of the bitcoins you want to purchase (use BTC and USD as per your preference). Click and submit the payment details when the systems confirm everything. There’re a few limitations on how much you can buy daily from the site until you get further notice due to legal issues. This is how you can start buying BTC with the help of a credit card.