Bitcoin Forum

I am created this topic just to discuss about which platform or website that providing the best service in your opinion so other can know and have a choice or at least we will have other option. ;D
In my opion BitStamps is the best and fastest platform to buy bitcoins and then Coins Base, how about you?  ???

For me, the best options are Binance and Kraken to buy bitcoins with a debit card, both of them have been working fine in the past years and I really recommend them.

In the past, there used to be an exchange called virwox who was the only option to buy BTC with a credit card and Paypal. And nowadays is great to have the CC option in almost all the exchanges.

is Kraken let us withdraw the bitcoins right away after we bought it? or just like binance need to hold for 7 days?

I like to use EXMO to buy Bitcoins. I usually alternate the ways of funds depositing choosing between a credit card and bank transfers. I did about 8 or 10 transactions in a few months and I have nothing to complain about.

are you mentioned about Robinhood or what hahaha  ;D ;D ;D

EXMO? are they allowed user from US? thank you for another option, I will consider about it one day soon!

I never had any problems buying with CC/Debit Visa both in Binance and CoinMama. I don't trust CoinBase because of the upcoming IPO and regulation requirements.

Keep in mind that you will have to pass KYC wherever you decide to you a card to buy crypto.

Kraken doesn't hold the cryptocurrency you buy with a debit or credit card for 7days but they will hold the coin for 72 hours before you can make a withdrawal if you have never made a fiat deposit before your first purchase with a debit or credit card. However, your account must be verified to their Pro or intermediate level and you must be from the supported countries.

I have just take a look, they don't provide debit and credit card deposit to US customers that's sad

many exchanges currently use credit cards, but we must be selective in making transactions using CC, I think coinbase, binance is feasible and good for payments using CC, but all must follow the provisions imposed by the exchange

As mentioned here many times, I also recommend Binance.com....
It is without question the most liquid exchange. And in my opinion the risk of an exit scam is low.
The most important thing is to always move your coins to a private wallet and not leave them on the exchange!
The only thing, that is a bit expensive, are the withdrawal fees...

Yes they don't allow debit/credit card purchase of cryptocurrency for the US customers (don't know you're from US) but the best bet you have is to use coinmama, coinbase, Binance, Check out the list of exchange services provided by Bestchange (https://www.bestchange.com/bitcoin-to-visa-mastercard-usd.html) or buy the Bitcoin using p2p on or off this forum.

Coinbase is probably not the best choice given their historically trash customer service.

I think that Binance is a really good alternative, although their services might be affected by the recent CFTC probe.

Frankly, buying BTC with debit/credit cards is almost always a bad idea given that you're going to get rates that are at least 1-2% above spot accounting for all the processing charges, even at large exchanges. If you're buying from P2P platforms then this could go as high as 10%.

Just deposit via bank transfer/cash deposit instead, it's much more cost effective.

Thank you for your opinion, but I am asking because we are talking about an instant purchase which is the most easiest way to have bitcoins, the simple way to having bitcoins. Because I know there are plenty other way to buy it at below market price but I am talking about the best simple way to have it! Thanks for giving opinion

anyone else?? Really looking for an easiest way to buy bitcoin with credit or debit cards

you did not say which country you were interested in. I think all of the exchanges had some restrictions depends on which country you come from.
I use CEX.IO for a long time, and I haven't serious problems there. You can check his commission rate and supported countries https://cex.io/limits-commissions

Yes, they are but only partially. I have a friend in CA and he uses EXMO as well as Coinbase but he says that EXMO doesn't available in other districts at the present time.

Makes sense for EXMO to target Cali at first. As far as I know, Cali has more relaxed attitude towards crypto.

In that case, go with Coinbase.

Try not to use it with large amounts as their customer service is absolutely notorious, as I said.

If you are only looking to speculate for the short run, perhaps look at Paypal's virtual bitcoins as well. It is probably a lot more convenient compared to other crypto exchanges. Though, I would be very careful with holding these virtual BTCs in the long run as you don't hold your private keys (or any physical BTC through Paypal, for that matter). Your position is completely synthetic.

what is the best way to purchased wiith Credit or Denot are hard to find

I'd agree that their customer service (or at least how they treat their customers in general) is shit, but as long as you stick to their ToS and don't deposit dirty bitcoin or withdraw bitcoin to whatever sites they have blacklisted--like gambling sites--you generally won't run into too many problems with straight buying/selling.

Beyond that, it depends on how much you value your anonymity.  If that's a concern then no exchange is going to be ideal, because all the ones accepting debit/credit cards require KYC.  In that case, I'd listen to some of the suggestions about P2P trading sites and even the Currency Exchange section on this forum (as long as you have a PayPal account or some other payment system you can link your bank account to).  That's still not anonymous, but it's better than an exchange.

You could also get cash from that credit or debit card and hit up a bitcoin ATM, as long as you don't mind paying the markup.  They're very convenient if you have one near you.

is there anyone has the better website to buy bitcoins??? instantly is the best

Simplex and Shapeshift is the most convenient website to buy Bitcoin and other cryptocurrencies, the problem was the conversion is high compared to the normal exchange rate which is the common cons for an express crypto store. But if you have time and willing to do KYC, Binance P2P is the best place to buy Bitcoin since you can have freedom to choose the best price for buying it.

I don't know why but Simplex always declined my order and Banxa is very slow and they are asually cancel our order too

Exactly. If your debit/credit card was going to be accepted and is legit, then you can likely get much better rates just by withdrawing your funds in cash.


There is a reason why sellers are willing to sell coins through Simplex for debit/credit cards.

Their criteria is really strict, and if they have the slightest suspicion that they may be dealing with a fraudulent/stolen card, they stop right away. It makes sense - otherwise, how could they possibly compensate for the risk they're taking on?

Simplex and Banxa may look good on paper, but in reality, they probably aren't services you can depend on long term.

I used CEX to buy with my Credit Card and I had no problem but I think if you have large amount of money to buy crypto with Credit Card the fee is a little bit too high 3%.

Anyone else knows a place where you can buy cryptos with low fees?

you have to see that the good site is something relative, relative in the sense that it has sites with high rates but faster in the transaction and there are sites slow in the transaction but with lower rates.

in case you need a fast site I recommend you:

coinmama.com

but it has a bit high fees compared to other sites, but they are very fast when executing bitcoin purchases using visa or mastercard

note:

I used this site a lot a year ago, so I don't know if they still have that good performance they had

you will also have to have a verified account

https://www.coinmama.com/faq

Yes, they do have 5% in fees for buying with Credit Card.

The rates on those old P2P platforms are with such high premium because of multiple layers of fees added:
+ blockchain network fees (can be as high as $15-50)
+ P2P platform trading fees (typically 1%)
+ deposit/withdrawal fees (if any, but usually not)
+ final end-payment method for cash conversion fees, i.e. Visa/PayPal/etc. (can be from 0.1%-to-1.0% depending on service provider and your country)
= 3-4% so far of additional fees

and last, but not the least "fee" is the greed of buyer / seller, and local liquidity premium (less liquidity -> higher premium)

That explains such price discrepancy. And that's what we are aiming to solve at least partially on as.exchange (https://as.exchange/BitcoinZeroFee) by eliminating P2P fees, and compensating users their BTC network fees where you can buy Bitcoin using debit/credit card or any other payment method. So, would be really happy for your feedback and comments guys. Let's make P2P trading great again, together :)

I wish anyone of you can provide a website or a platform that give out a special tool or systems for us to buying bitcoins in a fastest way like Bit Stamp.

Thats not too hard to implement actually and is also on our roadmap for future updates in 2021. Not sure how helpful that would be though, since each country has own payment methods,  that's why to ensure we are global and not within a boundary of specific local market, we decided that P2P would be the best choice to start with. But yes, buying directly with common payment methods is going to be implemented on as.exchange (https://as.exchange/) for sure

any other idea guys?