With the latest development of legislation, cryptocurrency is gradually becoming the main form of currency. One of the biggest benefits for users is that they can buy Bitcoin right away. The way we use money is faster and more efficient than ever. The easiest way to buy BTC with credit card is the most common method. The process of buying bitcoins using these methods is very simple.
Before buying bitcoins, you need to study a variety of different purchase methods. You can buy coins directly or trade them through the key financial system via CFDs. And the benefits of buying Bitcoin, as the goal of solving the problems of the current monetary system. If this sparks your interest, read on to learn how easy it is to buy Bitcoin instantly with a credit or debit card.
Create a Wallet
There are four main categories depending on your taste. If you want to buy bitcoins in small amounts (up to $ 100), you can create an online wallet. This wallet runs in the cloud and can be accessed through multiple internet-connected devices. Very convenient, but often requires less protection and easily tries to rob.
Choosing an Exchange
Once you’ve created your wallet, it’s time to find a reliable cryptocurrency exchange where you can buy bitcoins using your credit or debit card. There are several options to buy crypto, but exchanges are best to find one that is easy to use, always responsive, and has a solid track record of satisfied customers.
Countdown to the top 5 Cryptocurrency Exchange
The stable currencies Bitfinex and Tether (USDT) had a close relationship and had the same CEO in 2016. Any user, including US citizens, can trade cryptocurrency without proof of identity by first purchasing BTC at Changelly and then depositing them into their Bitfinex account for trading without entering the apartment. (There is of course a withdrawal fee for cryptocurrencies.)
Take advantage of Bitfinex’s advanced trading features, high liquidity, and the multitude of altcoins available on the platform. Professional traders can trade on margin and process 10 orders to win in a very competitive market.
Bitfinex bankrupt in 2016 and $ 72 million stolen from bitcoins. However, Bitfinex managed to reward its users within a year. This is a testament to the company’s great dedication.
Bittrex is related to UPbit’s Korean cousin. It’s a simple $ 300 million a day exchange where you can buy over 140 altcoins at very low prices.
- Unverified accounts: 1 BTC / day or equivalent.
- If you activate 2 FA protections, the withdrawal limit of 3 BTC applies.
- Extended Account: 100 BTC / day or equivalent (Selfie ID required)
- Coverage: Global except certain US states
- Regulation: Low
- Influence: High
Buy BTC at Changelly first, then transfer it to your HitBTC account to take advantage of the low HitBTC prices. (You don’t need to go through the verification process with HitBTC as follows.) Then you can start trading 200+ coins.
If you are a middleman for an experienced trader, this platform offers something that you will not find on most exchanges. Advanced buyback algorithm and security system for market makers: automatic exit, 2-FA, entry history, cold storage of a portfolio of specific cryptocurrencies
High liquidity currency exchange. Binance is operated by CZ, a leading developer of a high-speed platform developed by Binance to process 1.4 million transactions per second and over 2 bitcoins per day with no personal identification.
Can be manufactured and transferred. This allows most people around the world to trade on the platform without many restrictions.
Pros: With BNB Coin Holding, you can use BNB to drop 50% transaction fees down to 0.05% in the first year and 25% in the second year. Users can participate in various contests, polls, contests and bug programs.
Holding Coinbase enables institutes to store tokens in a secure vaults. Coinbase is responsible for over $ 20 billion in daily deposit protection. Coinbase Prime is a crypto brokerage platform where most of the digital assets are stored offline.
Out Of all the exchanges, backed by many venture capitalists, Coinbase is arguably the most accessible and beginner-friendly. If you are a US citizen, cryptocurrencies under $ 250,000 stored on Coinbase servers are covered by FDIC insurance.
How to buy Bitcoin with a debit or credit card
First step to buy BTC with credit card, just create an account with Coinbase crypto exchange. Then verify your account. Link a debit or credit card as a payment method. Click on ‘Bitcoin’ option and choose the amount you want purchase . You will get Bitcoins instantly in your Coinbase wallet. There it is! You have successfully purchased bitcoin as a card payment method.