200kbtc (OP)
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March 30, 2018, 07:07:43 AM |
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Cheers to all of you, I am newbie to this forum and have one simple question: How can I buy BTC with credit card? I have checked all most famous exchanges and they have silly limits. I have recently sold the apartment and would like to invest 200k+ in crypto's and would like to avoid bank transfer if possible(if not then also write me best exchange for bank transfer to buy 200k worth of btc)can't wait to get started so feel free to recommend me what you use for this exchange and how high limits are. Ty
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warningsigns
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March 30, 2018, 07:54:42 AM |
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Problem is credit cards are considered risky payment instruments. That's because card information is prone to phishing and account hacks. Fraud is spelled with a capital F in the payment card industry. It is a very real and challenging threat. For this reason, you will find it hard to pay by credit card if your intention is to purchase bitcoins without giving out much information about yourself. The risks are: 1. You can dispute the transaction after getting the coins and request for a chargeback. If you invoke the fraud defense, your card issuer will aggressively pursue the chargeback claim, making it very difficult and time consuming for payment card processors to fight it. You have up to 90 days to dispute the transaction and file a chargeback. 2. If the card information used for the payment is later discovered to be fraudulently sourced, the payment will be reversed in the form of a chargeback. There is no recourse for fighting this chargeback in this situation. If you still want to go ahead and purchase the BTC via credit card, expect strict KYC and card authentication procedures. Here is a list of services which allow you to buy BTC and pay for them by credit card: https://www.simplex.com/simplex-partners/The limits are quite high. Usually USD 20k per day and 50k per month. Read through the FAQs on the above link. Be aware though that your card issuer might find it suspicious when they notice a pattern of daily purchases of USD 20k and they might put your card account on review or even lower your limits.
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premiumproductss
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March 30, 2018, 08:03:50 AM |
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Cheers to all of you, I am newbie to this forum and have one simple question: How can I buy BTC with credit card? I have checked all most famous exchanges and they have silly limits. I have recently sold the apartment and would like to invest 200k+ in crypto's and would like to avoid bank transfer if possible(if not then also write me best exchange for bank transfer to buy 200k worth of btc)can't wait to get started so feel free to recommend me what you use for this exchange and how high limits are. Ty
How do you got 200k+ in credit card? Are yours? Are the banks offering to you the possibility of taking credits worth 200k$? If yes tell us how, we will try too. Sadly, credit cards being mostly used on bank loans or financial institutions that might ask for a refund for the bitcoin payment, so many services might be against it.
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200kbtc (OP)
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March 30, 2018, 08:11:50 AM |
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I will be in bank and authorise those payments by CC so it won't be issue. So furthest I can go is 20k per day it seems. Ok will probably stick to bank transfer then. Thanks
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Thfulted
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March 30, 2018, 08:37:21 AM |
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For bank transfers you have so many options to buy as much BTC as you want at reasonable prices, you can use Kraken
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200kbtc (OP)
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April 04, 2018, 06:33:38 PM |
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Kraken for such ammount? I was looking for OTC as will maybe jncreasr to 500k but was dissapointed when sow itbit takes 7-10 days for verification.anyone has suggestion?
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hiker
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April 04, 2018, 06:38:53 PM |
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Which country are you in? Use localbitcoins.com if you can.
And of course it is better not to buy this precious BTC all at once, but cost average your purchase over a period of time.
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200kbtc (OP)
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April 04, 2018, 06:42:00 PM |
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I will buy it at once. Thats how I do business and I have already made plan of waiting, withdrawing and all. Thx anway
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angry_runner
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April 04, 2018, 06:51:51 PM |
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Craken is very good option. what % are you looking for?
the normal % in cash not more than 5%. Usually 2-3%. not forget about crypto ATM -2-4% - I use this "coinatmradar.com". Depends of your country and luck:)
CC - is a tricky way. Usually changes write 3-4%, but you need read vere very carefully what % they mean, what exchange rate they count and other things. for example Exchanger write you - we take only 3.9% from the CC transaction. But later you can find that Exchange take 3.9% and Stripe as a CC processor take 5% more. And the exchange rate from the Exchange (usually 5-10% more then CMC). Then take a notice that Exchanger take a fee for the transaction from Exchanger wallet to your wallet. Try to find real people reviews from some Exchangers. So CC can cost you from 5% to 10-15% depends on your luck and attentions.
Wire most of the Exchangers take wire for free, but you need to pay your bank transfer fee. So let say wire cost you 1-2%.Usually less depends of the amount.
This is my opinion after exchange market exploring.
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BarbaraRodriguez
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April 04, 2018, 08:55:47 PM |
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I will recomend Craken website , but 200k in crypto using CC is TOOO DAMN HIGH ... you can try in that site , hope it works for you
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Kraken-Septimus
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https://support.kraken.com
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April 04, 2018, 09:49:53 PM |
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Kraken for such ammount? I was looking for OTC as will maybe jncreasr to 500k but was dissapointed when sow itbit takes 7-10 days for verification.anyone has suggestion?
Hi 200kbtc. I'd suggest that you open a support ticket letting our team know that you're looking to exchange a large amount of funds and in the same ticket ask about our OTC services. You can also escalate your ticket using this form. One of our agents will be with you as soon as possible. Please let us know if you need anything else by dropping by our Bitcointalk thread!
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amatella
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April 05, 2018, 05:28:10 AM |
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Dear, all I can suggest you is to pay attention. Probably i'm victim of a scam from one of known exchange, CEX.IO, with a transfer trough the SEPA system (that is most secure) as you can see here for details https://bitcointalk.org/index.php?topic=3257211.0They also accept cards, I don't know what can happen with a transfer trough a credit card if they normal behaviour consist in uncharge of fiat money on your account balance (or uncharge of crypto) after transfer and never reply to your support request. Search and again search again only exchange with positive feedback. Cex.io can do bad surprise to you. Again after weeks they not activate to support me in this issue after calling their bank, write negative experience on forums and opening support ticket with same argument. Seems that at CEX.IO care only money. Don't have a minimum of modesty and customers are nothing that thing like bancomat.
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Cryptodetails
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April 05, 2018, 07:17:47 PM |
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How to buy bitcoin with a credit or debit card online: Please make sure that you have access to the wallet on which you wish to receive Bitcoins. After creating your Bitcoin purse, you need to get the address of this purse. After the purse address is received and verified - you can purchase Bitcoins. We accept VISA / MasterCard. Initially, enter the amount you want to buy - the amount can be specified in both the BTC and the dollar equivalent. Similarly, you can specify the amount that you want to spend with a credit or debit card. If you are performing a transaction on Paybis.com for the first time, you will need to complete the verification of your personal data.
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LastJedi
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April 05, 2018, 07:53:48 PM |
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If your buying use a large company so if they do not deliver you can be refunded by a call to your credit card company. Changelly had a visa/mastercard logo last time I checked. You can go try them and see if you can purchase using them.
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thatkid1
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April 06, 2018, 04:50:16 AM |
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May I know your home country? I might can help you.
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amatella
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April 10, 2018, 05:39:37 AM |
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Important UPDATE!! The importance of the update consists that not have an update. CEX.IO account ask me information and then not reply.. same behaviour on their ticketing system. Thousand excuses but no concrete answer and obviously no resolution of the problem. Now is twenty-fifth day from I made the sepa transfer and no 1 euro was credit on my account.
CEX.IO WAKE UP!!
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hundi.online
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April 19, 2018, 03:37:33 PM |
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There are many ways to buy BTC with Credit Card. There are many websites where you can use your Credit Card to buy BTC. I haven't use them all but have good experience buying Bitcoins with a Credit Card at Coinbase. User friendly interface, Relatively low fees, Established reputation. But also have cons that its is not available worldwide.
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hejioei
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April 19, 2018, 04:11:35 PM |
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Kraken is quite good according to me at least! But I dont think they will accept such a big CC deposit. Bank yes.
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angry_runner
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April 19, 2018, 10:54:53 PM |
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strange but Cracken does not have USD - only wire.May be because of EU customers.
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Kraken-Septimus
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https://support.kraken.com
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April 20, 2018, 09:11:56 PM |
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Kraken is quite good according to me at least! But I dont think they will accept such a big CC deposit. Bank yes.
Hi hejioei. We're glad to hear it! You're right, we don't accept credit cards, debit cards or PayPal. strange but Cracken does not have USD - only wire.May be because of EU customers.
Hi angry_runner. We still offer domestic USD deposits and withdrawals. We're hoping to find a new banking partner for international USD deposits and withdrawals soon. You can read more about that here. If you guys need anything else please drop by our Bitcointalk thread!
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