Using a credit card to purchase Bitcoin is now simpler than it has ever been. These days, most significant cryptocurrency wallets and exchanges allow users to buy Bitcoin using a credit card, either directly from the seller or via an intermediary payment processor.
We will go over the most widely used ways to purchase Bitcoin with a credit card.
Use Xcoins to Purchase Bitcoin.
Xcoins is a 2016-founded cryptocurrency exchange platform with its headquarters located in Malta. The service allows users to buy Bitcoin, LTC, ETH, XRP, BCH, and DOGE with Visa or Mastercard, using any of numerous fiat currencies.
Xcoins really guarantees to transmit your coins within 15 minutes of payment approval, demonstrating how seriously the exchange takes customer speed. Because of this, Xcoins is a solid option if you’re looking to acquire bitcoin fast.
For ETH and BTC, the minimum purchase amount is $50; for XRP, it is $40; and for DOGE, LTC, and BCH, it is $30. Without authentication, users can purchase up to $150 USD in cryptocurrency.
Pros: Fast transaction turnaround times and round-the-clock assistance
Cons: Limited availability of cryptocurrencies
Use CoinCorner to Purchase Bitcoin.
Founded in 2014, CoinCorner is an Isle of Man-based Bitcoin dealer. The exchange provides services to multiple nations worldwide. Bitcoin can be purchased for as little as £10. Additionally, CoinCorner has a mobile app that lets you use your phone to send and receive Bitcoin from your account.
Pros: Supports mobile apps, easy to use for novices
Cons: Exorbitant deposit administration costs; not available everywhere.
Coinhouse Accepts Credit Cards for Bitcoin Purchases.
With its headquarters located in Paris, Coinhouse was founded in 2014 as La Maison Du Bitcoin or The House of Bitcoin. Bitcoin can be purchased for as little as €50 with a Visa or Mastercard. The exchange rates may be exorbitant even while the credit card costs are minimal.
Pros: reputable business, large purchase restrictions
Cons: Few countries offer expensive exchange rates
Use CEX.IO to Purchase Bitcoin.
Over 4 million consumers trust CEX.IO, a cryptocurrency exchange that was founded in 2013. Very few nations in the globe are not compatible with CEX.IO. At the moment, 34 US states are likewise included. The website offers a brokerage service in addition to a full trading platform.
Positives: seasoned business, large purchase restrictions
Cons: Exchange rates are higher than competitors, and support may be delayed.
How to Utilize CEX.IO
- Create an account on CEX.IO.
- Select “Deposit” after selecting “Finance” next to the desired currency.
- After that, you can choose to immediately purchase Bitcoin with a credit card or by wire transfer of the funds.
Using Coinmama to Purchase Bitcoin
Since 2013, Coinmama has focused on credit card purchases of Bitcoin. You can purchase up to $20,000 worth of Bitcoin per day with a fully verified Coinmama account, however they demand a premium price for their services. After your order is confirmed, they offer a quick and dependable service that allows you to receive Bitcoin right away. In general, Coinmama help responds rather quickly.
Certain nations and US states receive third-party assistance for regulatory compliance, while a small number receive none at all.
Pros: Reputable business, prompt service, and good assistance
Cons: The US has a small number of states.
How to Make Use of Coinmama
- After your purchase, Coinmama does not retain the Bitcoin for you; instead, get a wallet.
- Select the amount of Bitcoin you wish to purchase from the Coinmama homepage. Enter the amount in AUD, CAD, EUR, GBP, USD, or BTC.
Because there are so many exchanges, choosing the best one to purchase Bitcoin from might be challenging. We advise starting modest with each trade and increasing your funds only when you feel confident with the system.
After you make the initial move, you’ll begin to realize what you truly value in an exchange and make decisions that reflect those values. Please feel free to comment below if you have any further queries or thoughts regarding the techniques we just went over.