Want to learn how to buy crypto with a credit card? So you got to the right place!
Let us describe the process as briefly as possible:
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Find a Cryptocurrency Exchanger place such as Switchere.com website;
Exchange your national currency, whether it is the US dollar or Euro, on BTC
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Transfer purchased Bitcoins to a secure wallet.
The easiest and cheapest method to pay online is a credit and a debit card. Therefore, it is not surprising that many people buy cryptocurrency with a credit card.
Contents
What Are the Benefits of Buying a BTC with a Visa and Mastercard Card?
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Credit cards are the most popular online payment method and probably the easiest way to purchase cryptocurrency;
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After easy and quick secure registration and verification, crypto arrives almost instantly to the wallet.
What Are the Disadvantages of Buying a BTC with Credit / Debit cards?
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Big fee;
If you are not urgent, then we recommend using a bank converter, the fees for which is the lowest.
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Not the most private way;
In order to buy crypto with a debit card, you will need to get the proof of id.
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Bank transfers are also considered one of the best ways to purchase bitcoins in most countries.
What Are the Benefits of Purchasing BTC via Bank Transfer?
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Convenient when buying large volumes of crypto;
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Low commission, and therefore, the opportunity to convert BTC more profitably.
To choose the most suitable exchanger for you, it is important to consider at least several aspects.
Privacy: Your Information Must Be Secure!
Want to buy bitcoins anonymously? Then you can immediately delete the following payment methods:
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Bank Transfer;
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Credit card;
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Debit card;
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Paypal;
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Any other method that can’t be used without verification of your identity.
The above payment methods are very popular all over the world. Although in most countries, buying bitcoins for cash is still more popular. Usually, the buyer and seller find each other through the local crypto site.
Limits: Do You Need to Send a Lot of Bitcoins Fast?
If you need to buy a large amount of bitcoins instant – say, 25 BTC for USD and more – then you have to use a direct road to large brokers or well-known exchange platforms.
Most cash exchangers have fairly low purchase limits. However, they vary greatly from service to service, from a seller to seller.
Commission: Is This Exchange Profitable for You?
What percentage does the exchanger charge for the prepaid services provided to you? The commission can vary greatly from service to service or may depend on the payment methods selected.
Always consider the fee for the replenishment of the account, commission for the exchange and for the withdrawal of funds. Some exchangers are ready to lower the commission rate for large volumes of trade.
Still, credit cards are the most popular way to buy and sell goods and services worldwide. Simply swipe a card to buy your favorite sweater on the Internet, pay for your daily coffee, apply for any subscription and generally for almost everything that comes to mind.
In general, it has become much easier to use money these days than at any other time in the past.
Because of this, credit cards and debit cards are the most common payment methods for instant Bitcoin purchases.
