Hi,
I tried to purchase bitcoins using cex.io which particular page doesn't allow me. I used Skrill and also pay pal to purchase bitcoins in localbitcoins.However, I would like additional alternatives because my Skrill accounts has been prohibited and bitcoins in pay-pal are costly. Can you know a solution to complete this?
thanks!
The problem with using MasterCard or Visa cards is the risk of payment being reversed later (after you get the bitcoins). Most traders, sellers and exchanges are cautious when offered a payment method which is prone to being misused or when there is high incidence of fraud. Cards are included in that category.
There is another risk which is phished and stolen cards.
If you can successfully pass the identity requirements of some traders and exchanges, they might let you buy coins and pay for them with your Payoneer card but I think they will impose low buy limits. It will take time before they allow you to buy more coins if they see a pattern of settled payments with no chargebacks.
There is another payment processor known as Simplex. I see there are open issues from people complaining of non delivery of coins but it might be because Simplex is erring on the side of caution and doing extra checks to make sure the cards are good and not compromised. Simplex is a legit payment processor.
