Bitcoin Forum

Hi, Help, I am new and trying to learn. I set up a wallet with Electrum. How do I fund it? I would like to use a debit card. (USD).

You can't fund a bitcoin wallet using USD directly (except for service/exchange wallet). You'll have to buy some bitcoins first then transfer them to your wallet.

You can buy bitcoin at exchanges than withdraw the balance to your wallet after that do anything you want to do with your coins.

That makes sense. What is a safe place to buy a small amount?

Nope buddy it's not possible to credit the money from your card to wallet. Try to find good trader in localbitcoins by checking their trust and feedbacks. Please have a trade with them to buy a bitcoin How much you want. Then to them through bank transfer and if you pass the wallet address they will send the bitcoins to you.

Try coinbase if you are from US. You can try localbitcoin also. I don't know much where you can use a card to buy bitcoin honestly. Or you could try buying from someone from your local, maybe you guys could meet up in person and make a deal. That'll make things easier and more safe. :D

LocalBitcoin is a good place to start for beginner. In fact, you do not need to use card, you can use cash if a trader is near to you. This way, it is safer for you and him (I believe).

If you would like to purchase Bitcoin online with your card, I'd recommend a platform that support your country. Like me, in Singapore, there is platforms like CoinHako which I can trade my Bitcoin safety using my local currency. I would recommend you Coinbase or Bitstamp if you cannot find a local Bitcoin trading company/website that can be trusted. Coinbase and Bitstamp is two of the most popular and trusted Bitcoin exchanges around.

* I have never trade on any of the platform I mentioned.

like other have said, you can try localbitcoins.com but still better if you can find a local exchange site, it is far safer than LBC as some users in LBC is scammer. may you tell us which country you are from so we could help you more?

Its not possible that you could  buy bitcoin directly on your Debit card . First you must buy bitcoin on those  exchanges out there then thats the time you could  transfer your bitcoin to your  wallet on electrum. There are lots of exchanges  to choose from  just try  to research. Goodluck

It's very easy to buy bitcoins even without any verification (only email verification) will allow you to buy from minimum 25 Euro up to 1000 Euro per day at coinimal.com (now BitPanda). I do all my selling there of my coins. I am also planning to buy there when I will have in mind to buy the coin. I will wait for the price to decrease a bit to buy. But if you want to fund your wallet there is not easier place to buy bitcoins than there.

For this I can assure you 1000% from my personal experience during quite a few months there.

you can use Paxful.com (https://paxful.com/roots/buy-bitcoin?affiliate=4apDY8EqkG6) to buy a small amount of bitcoin with an old gift card, no verification

Cex.io , paxful, localbitcoin, purse.io are few places where you can actually buy/exchange bitcoin but it will require few time as well as lots of fee. Better option could be coinbase if your card is supported by them. Check their supported country and card list.

Just checked no one is recommending to use Xapo. Only mobile verification is needed.
I believe to buy bitcoins with your debit cards, Xapo must be a best option for almost all country people. When I checked last time, the minimum buying amount must be $10, also they are having option for showing prices in your local currency.

You can use Coinbase or Xapo to buy Bitcoins first , but you have to use their wallets as well, and then you can easily send the bitcoins to your Electrum wallet

You need to buy Bitcoins first before funding your wallet. There is a lot of exchangers online selling Bitcoins for USD and supporting the debit card as payment method.

It not possible as you wish.First ensure that how much bitcoin actually you need.Then you need to buy bitcoin like using coinbase, xapo from US as well as you may be use some exchanger site which support debit card .Choice yourself which process you may friendly.

You can buy bitcoin directly in coinbase if you are from US using your debit card.
You can also try buying in localbitcoins. Or find a local exchange on whoch area you are from.

You will have to buy bitcoin from a exchange with your debit card and then transfer the funds to your wallet.
You can easily find the best exchange in google by comparing all with each other and select what you feel is the best for you considering fees etc, because everyone will suggest one but at last you will have to take the decision.

Last 4 to 5 replies are done without reading the thread, you guys see he understood about wallet and exchanges, now he wants better exchange to buy small amount of bitcoin using debit card

First option would be coinbase (if you are not using for trading, gambling etc...). Coinbase monitors users who buy from them and ban them if they found these things.

If you intend to trade or gamble, just use localbitcoins. Never trade with anyone there outside LBC, Many scammers will trick you to deal outside to avoid escrow fees, at the end you might get scammed. so buy with LBC escrow only.

I thought everybody buys their first bitcoin from LocalBitcoins?

Can be dude. But not required or compulsary to buy bitcoins from Localbitcoins when one joins at first. Localbitcoins is a place where trading occurs. Bitcoins can be bought or sold. This is uses as a wallet as well. This is my wallet as well. Bitcoins are always kept in this wallet. The earnings from signature campaign falls in this wallet if you give your bitcoin wallet address.

Not only in localbitcoins,you purchase the bitcoin with any online exchanges which is available with your country's fiat currency exchange. Else you buy the bitcoins with the local trader who is near from your location.

actually electrium is really a best wallet to store bitcoin . and further if you are looking for the buy sell with credit card then visit at localbitcoins.com because here with credit card option you can get another payment option to buy sell bitcoin .

you can't direct deposit to eletcrum use debitcard
if you want deposit use debitcard first you must buy in exchanger
after buy your bitcoin can send to electrum wallet

You could buy bitcoin on coinbase, circle, localbitcoins, etc. Then send bitcoins to any wallet that you want to. I've used coinbase to do this with no problem although some other people have said that they have had problems with coinbase.

Coinbase support just really few number of countries, and not available worldwide. I think the best platform to buy and sell Bitcoins right now is Localbitcoins.

Localbitcoins is famous and trusted, but there is a lot of local and international exchangers which allow people to buy and sell their bitcoins without any issue.

You can go to localbitcoins.com and buy the btc there with your credit card, idk if  there are any sites, maybe coinbase, where you can buy with credit card, never looked into it tho. But my suggestion would be to go on localbitcoins and find a buyer and buy the btc with cash, eye to eye.

posted this already,but the topics "how can I buy bitcoins" are popping every half an hour

here you can find a pretty comprehensive list of all the services
there is also localbitcoins,where you can buy with your credit card (if you find the right seller and escrow)
https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_Card
step-by-step process with pictures here:
https://www.buybitcoinworldwide.com/en/buy-bitcoin-credit-debit-card/

Yes, maybe some people buy bitcoin from local bitcoin because I think localbitcoin a trusted place for the transaction. But myself not buy bitcoin from localbitcoin, I often buy from the many bitcoin exchanger.

you can use exchange sites like localbitcoin or just transfer your usd into okpay account and then exchange them from btc-e.com or something like that you can also check exchanges at cryptomarketcap site they contain all the detailed information about every cryptocurrency

Yes it is possible. At times you can even buy a wallet from your friend. My friend has sold his wallet to a user in this forum. BTC can be exchanged either from your own account or from any other's accounts. Only things is, you need a person trustworthy whom you can trust on. Better learn how to create an account for yourself and how to keep it secured.

If want to use your credit/debit cards or bank account, you're better off using either Circle or Coinbase, for any other payment methods, including PayPal, Skill etc  LocalBitcoins is the place to go. LocalBitcoins is probably safe enough but personally I wouldn't want to have my card details on there. Buying BTC on Circle with a card only takes a few seconds, on LB you would have to first find a reputable seller which might mean you have to wait for one to come online.

You mean about scammers right. To protect yourself in trading You just need to use the escrow to manage your money or you can go with trusted like Kraken or coinbase to have trustful in trading.