Looking to purchase bitcoin with your debit card Instantly? Here we have laid out the best options for you to buy bitcoins with credit card.
If you live in the US, you can stop reading this post now and go to Coinbase.com to buy bitcoins with debit card (or credit card). Coinbase is heavily insured and highly reputable,and makes buying bitcoin easy, plus is available in many countries around the world. We recommend using Coinbase since they are fast and efficient, and have a fee of only 2.50% for each card purchase. (relatively lower than other exchanges out there). When you first sign up you naturally have a limit of buying $300 worth of bitcoin per week, but this can be increased if you want to enter your personal ID information. After you enter your credit card or debit card info and make a purchase you will receive bitcoin instantly in your Coinbase wallet which you can then transfer to your personal wallet or a cryptocurrency exchange. With Coinbase you can buy bitcoin with credit card instantly.
Buying Bitcoin with your credit card vs. your bank:
You can pay a lower fee for bitcoin by transferring money into Coinbase from your bank account which removes the 2.5% credit/debit card fee however, it takes about a week for your funds to move. Keep in mind that Bitcoin can be very volatile and move up or down more than 5% value in one day. If you are buying bitcoin while it is on a steady run upward, it is often better to just take the 2.5% credit card fee and hold your Bitcoin for better monetary gains. Of course, this only works if you are buying Bitcoin at the right time. To get better at buying Bitcoin at the right time, check out our other posts and gain some more knowledge!
If you are unable to use Coinbase in your country, Bitstamp is another good option for buying bitcoin with credit or debit card. Bitstamp has a minimum fee of $15 so buying low amounts of bitcoins is inefficient, although you will get a better deal if you buy a large volume. Ultimately we reccomend Coinbase over Bitstamp, but if for some reason you are unable to buy on Coinbase, Bitstamp works just fine.
Wells thats it folks! Hopefully you now have a good idea of how to buy bitcoin with debit card instantly!