Bitcoin Forum

Other => Beginners & Help => Topic started by: vanchau on November 23, 2013, 10:19:19 AM



Title: buying btc with cc?
Post by: vanchau on November 23, 2013, 10:19:19 AM
Does anyone know where you can do this without killer fees?

Thanks


Title: Re: buying btc with cc?
Post by: troy112 on November 23, 2013, 10:24:44 AM
you could use paypal and all but they have a fee of 6% ... and have to go around
here's some on it
https://en.bitcoin.it/wiki/Buying_Bitcoins_(the_newbie_version)


Title: Re: buying btc with cc?
Post by: AuroraHF on November 23, 2013, 10:27:39 AM
I believe Coinbase accepts Credit Card payments. I think you have to be from the US though!


Title: Re: buying btc with cc?
Post by: HFPowerful on November 23, 2013, 10:34:54 AM
I believe Coinbase accepts Credit Card payments. I think you have to be from the US though!
They only take ACH bank transfers, no Credit Cards.

Just checked, you can only use them for backup. So if you are a level 2 user and buy bitcoins and have no funds. They charge it to your Credit Card I think.


Title: Re: buying btc with cc?
Post by: Elwar on November 23, 2013, 10:37:55 AM
Bitcoin takes 6 confirmations before it is mathematically unlikely that someone can do a double spend.

Credit cards take 6 months.


Title: Re: buying btc with cc?
Post by: lindeanin on November 23, 2013, 01:19:36 PM
Does anyone know where you can do this without killer fees?

Thanks


No. CC are high risk to BTC seller who cannot take the BTC back from you if you use stolen CC