Bitcoin Forum

Other => Beginners & Help => Topic started by: brosco22 on August 12, 2015, 03:41:49 AM



Title: is there a quick way to buy bitcoin with credit card?
Post by: brosco22 on August 12, 2015, 03:41:49 AM
Are there any quick ways to buy bitcoins with a credit card?


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: subSTRATA on August 12, 2015, 04:18:25 AM
most people wouldnt trade to you directly for CC since it can be easily reversed, but you may want to try and exchange; i think coinbase offers instant purchases if you buy with a credit card iirc.


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: notlist3d on August 12, 2015, 05:15:38 AM
most people wouldnt trade to you directly for CC since it can be easily reversed, but you may want to try and exchange; i think coinbase offers instant purchases if you buy with a credit card iirc.

Coinbase the fee's are higher for CC.   I can't remember limits on it.  They will limit it based on account, more activity and older more you can buy with CC.   

With CC you risk chargebacks and stolen CC's.   So this causes higher fees.  I suggest finding a good exchange and set up a bank account for it.  Most likely you can set up one with a small min amount to keep in it.  Then use that account just for buying/selling BTC.


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: Possum577 on August 12, 2015, 05:46:30 AM
most people wouldnt trade to you directly for CC since it can be easily reversed, but you may want to try and exchange; i think coinbase offers instant purchases if you buy with a credit card iirc.

Coinbase the fee's are higher for CC.   I can't remember limits on it.  They will limit it based on account, more activity and older more you can buy with CC.   

With CC you risk chargebacks and stolen CC's.   So this causes higher fees.  I suggest finding a good exchange and set up a bank account for it.  Most likely you can set up one with a small min amount to keep in it.  Then use that account just for buying/selling BTC.

Coinbase's fees are high with accounts too, got charged 1% recently for a purchase!

Why do you want to buy bitcoin with a credit card? Do you think the price is going to jump and allow you to cash out and make a tidy profit? Maybe that will happen, but you have a better chance doing it in the stock market (where there's at least analysis and data to support buying decisions) than you do in bitcoin.

Don't get burned going long on credit and ending up getting shorted. Seriously, bulls make money, bears make money, but pigs get slaughtered.


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: subSTRATA on August 12, 2015, 06:51:33 AM
most people wouldnt trade to you directly for CC since it can be easily reversed, but you may want to try and exchange; i think coinbase offers instant purchases if you buy with a credit card iirc.

Coinbase the fee's are higher for CC.   I can't remember limits on it.  They will limit it based on account, more activity and older more you can buy with CC.   

With CC you risk chargebacks and stolen CC's.   So this causes higher fees.  I suggest finding a good exchange and set up a bank account for it.  Most likely you can set up one with a small min amount to keep in it.  Then use that account just for buying/selling BTC.
i think it was something along the lines of 1-3% fee for a credit card purchase, but im probably wrong on that, and i dont care enough to look it up. i only said coinbase because i know for a fact that coinbase offers CC purchases. I dont know if Circle offers it as welll, but if they did i would assume they have less fees.

Coinbase's fees are high with accounts too, got charged 1% recently for a purchase!

Why do you want to buy bitcoin with a credit card? Do you think the price is going to jump and allow you to cash out and make a tidy profit? Maybe that will happen, but you have a better chance doing it in the stock market (where there's at least analysis and data to support buying decisions) than you do in bitcoin.

Don't get burned going long on credit and ending up getting shorted. Seriously, bulls make money, bears make money, but pigs get slaughtered.
they also charge 1% on btc -> fiat conversions. iirc they also charge a flat 0.30 USD fee on every purchase as well, its pretty ridiculous on the fees, theres almost no incentive to use coinbase over circle. circle is also international, whereas coinbase's services are only available in the US.


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: unusualfacts30 on August 12, 2015, 07:29:41 AM
Coinbase accepts credit card


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: Jack_247exchange on August 26, 2015, 11:09:36 AM
It depends on your country.
You can buy BTC with CreditCard through 247exchange.com (http://247exchange.com). Maestro/MasterCard/Visa/VisaElector accepted.
But please not that service is not provided to US and Canada customers yet.


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: Herbert2020 on August 26, 2015, 11:19:25 AM
i suggest you only use trusted places to buy bitcoin from with your credit card. you can google for feedback and check how long they have been operating.
the two good options that i can tell you are coinbase and circle


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: newflesh on August 26, 2015, 05:17:42 PM
Are there any quick ways to buy bitcoins with a credit card?

If you're in the US I'd recommend Circle, within the EU you would be best off with Bittylicious or CEX.IO. Bare in mind it will probably take a few days to get verified, once that's done though you'll be able to buy btc very quickly.

Here's a pretty comprehensive list of sites/exchanges that accept credit cards:
https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_Card


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: bitllionaire on August 27, 2015, 11:39:23 PM
Coinbase has UK,USA and Spain available with credit card, but only that countries


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: Nas on August 28, 2015, 12:26:50 AM
Coinbase has UK,USA and Spain available with credit card, but only that countries

It also requires ID verification for security purposes. It should be needed for all services which accepts credit carts. Otherwise people could use stolen credit cards.


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: Itun on August 28, 2015, 02:16:35 AM
Coinbase has UK,USA and Spain available with credit card, but only that countries

It also requires ID verification for security purposes. It should be needed for all services which accepts credit carts. Otherwise people could use stolen credit cards.

Yep.

Although this verification process is needed and should be required for every site, if you're looking to buy some bitcoin quickly with a credit card, coinbase shouldn't be your choice.

They have pretty harsh limits in the beginning (and the verification process can take a while).


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: Landplop on August 28, 2015, 10:02:44 AM
there is no quick way to buy bitcoin with credit card, they always require lot of documents to prove the card is legit , they do it to avoid fraud


Title: Re: is there a quick way to buy bitcoin with credit card?
Post by: Edward_Cryptonit on January 25, 2016, 02:17:06 PM
Hello,

https://cryptonit.net (https://cryptonit.net) offers a possibility to buy bitcoins with credit/debit cards. We support both Visa and MasterCard.

Should you have any questions, feel free to let me know.

Kind regards
Edward Cryptonit