How to Buy Bitcoin Online With Debit Card

14.03.2023 Off By alternative-me
How to Buy Bitcoin Online With Debit Card

If you want to buy Bitcoin online, there are a few different ways. One option is to use a credit card, but you need to find an exchange that accepts cards.

Some exchanges will not accept credit cards at all, but other exchanges are more open to it. Some will charge a commission or service fee for using your card, which can add 3% or more to your transaction.

Crypto Exchange Coinbase

Coinbase is a popular crypto exchange that allows people to buy, sell and transfer cryptocurrency in a secure manner. This platform supports a wide range of payment methods and offers low fees compared to other exchanges.

In addition, it provides industry-leading security measures to protect customers from hacking and theft. These include two-factor authentication, a biometric login and hardware storage for better control of funds.

The company also offers a way to instantly buy Bitcoin with a debit card, removing the need to wait up to five days for it to arrive in your wallet. However, it does incur a higher fee than buying with a bank account.

Crypto Exchange Bybit

Bybit  is an Israel-based non-custodial exchange and broker that supports multiple payment methods, including credit or debit cards and bank transfers. It also features a fast-track verification process and has over 2.2 million users in 190 countries.

Its fee structure may be higher than some competitors, but it makes up for it with excellent customer service. Additionally, it is regulated by the Financial Crimes Enforcement Network (FinCEN), which means that the company follows Know Your Customer and Anti-Money Laundering protocols.

The exchange’s user-friendly interface has made it one of the most popular ways to buy and sell Bitcoin. Customers can use their personal wallet address to buy and sell coins, as well as a number of other cryptocurrencies.

To use the service, you need to create an account. This involves filling out an account form with your personal details, and receiving a wallet confirmation link to the email address you used to create your profile. Traders must pass one of three verification levels to complete the process. Level 1 requires the trader to produce one valid government ID, such as a voter card or a driver’s license, and take a selfie of themselves holding it. Level 2 requires the trader to upload a secondary ID and a current utility bill.

Crypto Exchange Paybis

If you want to buy bitcoin online, you can use your debit card on many exchanges. However, there are some that do not accept this payment method, so it’s important to check the exchange’s policies before making a purchase.

Paybis is a cryptocurrency exchange that allows users to purchase crypto using a variety of funding options. The platform supports credit and debit cards, bank transfers, Skrill, Neteller and Bitcoin payments.

Users can also sell their cryptocurrencies on the exchange in return for fiat currencies. This process is quick and simple on the platform.

Users can purchase and sell cryptocurrencies on Paybis without having to worry about hackers stealing the funds. This is because the site does not store any of the coins purchased by its users.

Crypto Exchange Wirex

If you are looking to buy bitcoin online with debit card, you need to find a reliable and reputable crypto platform. Most platforms have verification process in place and require you to upload government ID or verifiable documents like driving licenses.

Many platforms offer an easy way to connect your credit or debit card to your account, usually within a day after signing up. Once you have successfully linked your card, you can buy crypto with it.

However, these purchases can take days to complete as they are processed from one account to another and because of fraud checks. The average time is 3-5 business days*.

The Wirex app offers an easy and secure way to swap cryptocurrencies at Over-the-Counter (OTC) rates. Moreover, you can pay internationally without hidden fees and earn rewards in WXT tokens.