The 6 Best Ways to Buy Bitcoin Instantly with a Credit Card
Only a few years ago, the idea of buying Bitcoin using a credit or debit card was practically unheard of. Thankfully, things have changed and a number of options have opened up for people who want to buy this cryptocurrency easily with a card. Today we’ll look at six of the ways you can instantly buy Bitcoin with a credit card.
The largest Bitcoin broker available is Coinbase and it allows you to buy up to $150 worth of Bitcoin on a weekly basis with a debit card in the United States, Europe, Canada, Australia, and the United Kingdom. While this isn’t the same as a credit card, it is a good choice since the brand is well-known and offers an easy option for beginners to get started with Bitcoin.
Another option for a Bitcoin broker is Coinmama, which allows you to purchase Bitcoin with a credit or debit card. The biggest perk of this broker is that you can purchase up to $5,000 of Bitcoin a day and $20,000 a month. It is available only in certain U.S. states, so you’ll want to be sure your state is included before making an account.
For those who live and reside in Europe, Luno is the best option for purchasing Bitcoin with a credit card or debit card. The company offers very low fees and has been around for quite some time, making it a trusted name among cryptocurrency lovers in European countries.
Bitpanda is another Bitcoin broker that offers purchase through credit or debit card. The company is located in Austria and has 3 to 4% fees on purchases of cryptocurrency. This is another option that is only available to European residents. This choice comes with fairly low fees and is another trusted broker, but the fees aren’t shown until you get to your buying price.
CEX.io is another of the oldest exchanges for Bitcoin and it works for those in Europe, the United States, and some South American countries. However, only people in some states can use the service, so be sure you are included before starting an account and working toward purchase. CEX.io requires extensive verification so it can take a bit longer to get started. You will need to upload a photo and other information so verification can take 30 minutes or even more.
For beginners looking to invest in Bitcoin, eToro is a good option that has a fantastic support team behind it. The only thing strange about this exchange is that you can’t withdraw the Bitcoin into your own wallet. Instead, you can sell them back for dollars. As such, this might not be the right option for everyone out there.
Times have changed since Bitcoin was nearly impossible to buy with a credit card. There are dozens of options for purchasing immediately and the above six are some of the most popular. This makes it easier for people to get started with cryptocurrency.