Buying Bitcoins with Credit or Debit Card: Is It Possible?




It’s been over a decade since Bitcoin- the first digital currency was launched. Since then it is has been the most trending topic of the finance world and also the most mind puzzling topic. Every person has his/her different opinion on cryptocurrency. People often get perplexed whether they should invest in Bitcoins or just stick to the traditional ones.

Well, there are numerous factors and features that make Bitcoin totally a unique and user-based platform. Being the digital currency, it is not centralised, so no particular country or government has control over it. Also, unlike other cryptocurrencies that have a poor track record of various security and reliability concerns, Bitcoin is still the most reliable one. The last time when Bitcoin faced an outbreak was in 2013 when there was a software issue in the blockchain market. But, it’s over 5 years and Bitcoin is functioning swiftly without any major outrage.

Can I Really Buy Bitcoins With My Credit/Debit Cards? 

Due to the huge popularity of Bitcoin, it is almost on the verge of becoming the newest mainstream finance. Still, buying bitcoins instantly is still a major problem for many users all around the world. Well, it is true that the majority of the Bitcoins exchanges have the features of multiple payment options, except the credit and debit cards.

This is mainly because of the irreversible nature of Bitcoin which creates problems to make a purchase with the help of cards. If you think that the time is right to invest in Bitcoins, then you should go for it without any hesitation. If you lack the money, then you could approach a direct lender and get Installment Loans for Bad Credit.  You will get instant approval and you can use the fund to purchase the bitcoin.

Yes, there are reliable and legitimate Bitcoin exchanges that accept payments from credit and debit cards. Here, in this blog, we will be briefly discussing those exchanges one by one. This is the list of websites that we will be talking about today:
1.       Coinmama
2.       Bitit
3.       Coin Base
4.       Cex.io

COINMAMA

The first name in our list is Coinmama which is a highly reliable and renowned website. You can buy Bitcoins easily by using your credit and debit cards. Well, Coinmama doesn’t provide the feature of Bitcoin wallet, thus you will have to provide the address where you want to get Bitcoins. The price of Coinmama is quite high but the service is of top-notch quality. Here are some of the features of Coinmama that you need to know before you go for the purchase:

·         Visitors can buy maximum up to £5000 per day
·         Visitors can buy maximum up to £20,000 per day
·         It can be accessed from anywhere around the world
·         It is a highly reliable and renowned platform

BITIT

Another popular name in our list is Bitit that is actually a France based company that caters a simple yet intuitive platform to purchase cryptocurrencies. One incredible feature of Bitit is that it accepts more than 10 currencies for payment. Also, you can easily buy any crypto and pay instantly via your cards, be it Visa, MasterCard, American Express, Mastero Powered credit or debit card.
Here is the payment limit in Bitit:

·         You can purchase up to £1500 per week
·         You are entitled to purchase up to 2500 per week via cash voucher or e-wallet
·         Transactions are done within minutes
·         Active social media presence


COINBASE

Coin base is currently one of the largest bitcoin brokers in the world. You can purchase bitcoins by using your cards on exchange. Coinbase charges a fee of over 3.99% for the debit card user. One more thing, you will also have to provide a government-approved ID as your identity proof while making the purchase. You can buy up to £150 per week instantly via your electronic cards, provided you are a citizen of the following country:

·         The U.S.
·         United Kingdom
·         Canada
·         Australia

Now, let us see the features of the Coinbase:
·         High liquidity and buying limits
·         Simple to use
·         Instant purchasing option available
·         Apps available for Android and iOS

Cex.io

Cex.io is one of the oldest cryptocurrency exchanges that work on the US, Europe, and some countries in South America. It lets you buy bitcoins easily by using your credit card or debit card.  Before performing the transaction, you have to create the account and perform the verification which can take up to 30 minutes. Now, let us see the features:

·         Work in many countries
·         The trading fee is low
·         Well-established and renowned exchange
·         High purchasing limit

Wrapping up, so these were the options available that you can choose from to purchase bitcoins via your credit or debit card and that too instantly.


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