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The digital asset has been reaching new heights, with more people getting in on the action. And several analysts view this as just the beginning. With the unprecedented momentum and adoption that Bitcoin has faced, more services have emerged as avenues from which you can buy your first Bitcoin or at least a tiny fraction of it.
At Binance, one of the leading places where you can get Bitcoin, we provide you with several entry points where you can get started in your crypto journey. And the good news is that we support just about every major local currency there is.
Download Binance Desktop here. Download the Binance App here. In the next part of the article, we will show you how to use your credit or debit card to buy Bitcoin and other cryptocurrencies. The Binance. The step-by-step instructions for buying Bitcoin are exactly the same for both platforms. Follow these instructions below. On your Internet browser, go to Binance. You are now led to a new page where you can proceed with your Bitcoin purchase.
Select your preferred local currency and enter the amount you want to spend. Please note that there are minimum and maximum amounts you can enter for each corresponding local currency. Then, under Coin, select BTC or your preferred cryptocurrency. Then, click Buy BTC. A pop-up window will open on the website where you can enter your card information, such as your card number, expiry date, and CVV code. I used my travel card prepaid USD card to purchase bitcoins on Cex. CEX has been around for years, and it is one trusted site to buy Bitcoin with debit or credit card.
Coinmama is another site where you can use your Credit or debit card to purchase Bitcoins instantly. I found the price of Bitcoins to be higher here in comparison to CEX. However, this is another option that you should keep when you need to buy Bitcoins immediately. Binance supports a large number of countries, and this platform is idle for those who are also looking to trade cryptos after acquiring it. Binance supports both debit cards, and credit cards.
Binance serves all the countries except the USA. There are two payment services available on Binance: Koinal 2. The fees are also the lowest, and unlike other platforms, you will have access to more sophisticated tools with Binance. Another reason to use Binance is, you will get the best Bitcoin price since it has a lot of buyers and sellers.
This feature is available to you only if you are from the USA. If are from any other country, you should look at other options listed here. After this, you can start purchasing Bitcoins anytime instantly using your added debit or credit card. Wirex is providing a complete crypto banking solution for UK residents and much more.
When you register on Wirex and complete you KYC you get access to a crypto linked bank account. If you are someone looking for a complete banking solution, Wirex is the way to go as they have their physical cards to available for the UK. Do let us know in the comments section below. He has a background in both finance and technology and holds professional qualifications in Information technology. I have used these websites to buy bitcoins using Debit card.
They seem to be charging very high charges for the Card transactions. More or less the end prices are similar to those of Indian Exchanges. These websites also have options of International Wire Transfer options. Whereas wire transfer nill charge. Can you share your experiences? Thanks, Harsh. I prefer to store my BTC in bitcoincore. Which one is having least transaction charges in this list? Any suggestions or review about bitcoin panda?
Kabir I found Bitcoin panda price to be high. Hi I would like to know if it is cheaper to buy from the above sites mentioned rather than buying from Indian sites like Zebpay. Is there any benefit in doing so as I see there is a just marginal benefit due to exchange rates.
It keeps varying depending upon Indian inventory. Sometimes its cheaper therefore always compare before buying. Thanks Agrawal for sharing such info. It really makes individuals aware about what to choose or what to not. Thank you for all the great info. Colombia does not support bitcoin. Any help would be greatly appreciated. Coinbase was the first one i tried, and they told me that i needed to be a resident of the US. I have just got verified with CEX.
IO but they seen a bit expensive? Thanks in advance. Thanks for this great Info Harsh. I am residing in Saudi Arabia. Muneer that you need to check on these websites. I would suggest start with CEX which worked for me when nothing else was working. Great tips! If you need to purchase bitcoin or Ethereum fast, buy it with a credit card or debit card at CoinMama. Please guide the names of exchanges outside india for buying btc , eth using international debit card option by indian resident.
Your blogs are very informative. I was using Citi Bank CC and was working fine. I am not able to purchase now and bank says you cannot do this transactions. Any clue that which bank allows to buy on these site. Never heard of this before! Did you tried CEX.
JPMorgan Chase, Bank of America & Citi bar people from buying bitcoin with a credit card. “. apnetvdesiserial.com › /02/02 › jpmorgan-chase-bank-of-america-bar-bitco. Key takeaways: Buying crypto with a credit card is possible only if your credit card issuer and your crypto exchange allow it.