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Author Topic: Buy bitcoin with credit card  (Read 1988 times)
leavolnhals
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November 23, 2019, 10:26:38 AM
 #41

hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin

No, I have never thought about this because the fee is very high. Currently, those who regularly trade cryptocurrencies do not use intermediary platforms such as visas, mastercards to trade, they will trade on the black market and have a cheaper price. security is of course at stake, but when you deal with the administrators of large groups, you won't suffer.

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November 23, 2019, 11:10:20 AM
 #42

hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin

No, I have never thought about this because the fee is very high. Currently, those who regularly trade cryptocurrencies do not use intermediary platforms such as visas, mastercards to trade, they will trade on the black market and have a cheaper price. security is of course at stake, but when you deal with the administrators of large groups, you won't suffer.

agree to the point mastercard or Visa i don't interested share hole card information anywhere but some of have trusted site people trust easily buy bitcoin and used or hold, it is true buy possible black market cheapest rate, i thing every country have buy sell bitcoin locally out off bank.
Asmonist
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November 23, 2019, 01:12:31 PM
 #43

Technically, credit card should not be use to pay bills because your paying a credit from another credit instrument like credit card. Its somehow confusing but the fact is that you have no capital or fund to acquire something to make profit like buying bitcoin. Or back in the case of paying bills, they do not allow it because you are trying to have dual jeopardy. Although you might be thinking that you're just using it to have opportunity to invest into something getting the fund ahead from the credit card and paying it later. I guess the best way if you have credit card is you just apply for a cashback promo. Then use the cash to buy bitcoin.

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November 23, 2019, 05:47:30 PM
 #44

Currently, those who regularly trade cryptocurrencies do not use intermediary platforms such as visas, mastercards to trade, they will trade on the black market and have a cheaper price.
I don't know anyone who is using the black market to buy Bitcoin. I think what you are referring to is the peer to peer OTC market, which has been gaining a whole lot of popularity in the last couple of years.

There is so much more liquidity in the OTC market that whales no longer have to lose a percentage by market selling due to slippage, and payment options can vary as transactions could be settled in cash or digitally.

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November 24, 2019, 03:07:07 AM
 #45

You must try binance. I thought you can but it through credit card. But make sure you know the right procedure because all we know that there are lot of process if you have any problem in your credit card transaction upon purchasing and processing. For it is better to buy direct yung fiat money because there are so many loading facilities.
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November 24, 2019, 03:18:47 AM
 #46

Trading with credit cards really makes me insecure. because they will hold all my transaction information and I really feel insecure. I also often buy bitcoins but I usually buy from some traders and they sell me at a much cheaper price than buying with a credit card. saving both money and your identity at the same time.

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November 26, 2019, 11:19:01 AM
 #47

I will not use a credit card to buy bitcoin because I cannot imagine how if the bad thing happens after I finish the transaction. I suggest you search your local seller in your city so you can use transfer by ATM machine to buy bitcoin. You can feel safe if you know the seller because you don't have to worry if that seller will scam you. I never tried to use a credit card to buy crypto because I know the risk if another party steals the credit card data.

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November 26, 2019, 11:53:11 AM
 #48

I will not use a credit card to buy bitcoin because I cannot imagine how if the bad thing happens after I finish the transaction.
what do you mean ? are you conscious about your privacy or what if someone will trace and stalk you ? or you are just afraid of being scammed and hack  ? well you can still transact on a reputed and more trusted sites . there are alot of them because btc is not new anymore  . legit sites wont do any malicious thing to you or on your credit card  , just be brave and put your trust on them and everything will be fine   . trust me  many people do this before and up to this date but they are still okay  .


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November 26, 2019, 01:15:34 PM
 #49

I will not use a credit card to buy bitcoin because I cannot imagine how if the bad thing happens after I finish the transaction. I suggest you search your local seller in your city so you can use transfer by ATM machine to buy bitcoin. You can feel safe if you know the seller because you don't have to worry if that seller will scam you. I never tried to use a credit card to buy crypto because I know the risk if another party steals the credit card data.
I think that if we make transactions and buy bitcoin at reputable exchanges, the data theft is impossible because these exchanges always enhance the safety of customers as a common slogan of them but another risk that I feel more clearly is the observation from the government when the credit card system is under their control. So as you say, we should look for sellers in our area, lots of reputable groups and websites are providing us with these services, just register and click.

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November 27, 2019, 09:57:59 AM
 #50

hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin

I think credit card transactions would be bad for traders. because this is a decentralized market and if you trade through crypto and the bank finds that you make a lot of money then the tax authorities will probably make it difficult for you and you have to pay higher taxes.
Besides, transactions between credit cards like Visa or Mastercard cost more and it can be up to 3%. so you should go to the black market deals for better prices and faster transactions.

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November 27, 2019, 07:31:06 PM
 #51

If you want to buy Bitcoin with your credit card I will advise you to make use of a trusted exchanger and not just any random exchanger or person you see, unless you want to be taking risks. If your credit card should fall into the wrong hands you're going to be facing a huge problem.

You can make use of old and trusted cryptocurrency exchanges like Coinbase and Binance, Luno, or even Blockchain. If you're making use of Blockchain wallet (if you don't have one you can download it from Play Store or App Store) click on the toggle at the top left hand side on your wallet or just swipe right and you will see an option to buy and sell. Blockchain partners with Coinify and you can buy and sell Bitcoin or any of the accepted cryptos using your credit card or bank account.

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November 27, 2019, 10:45:48 PM
 #52

hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin


You can try some of the exchange that accepting credit card like Binance, Coinmama, Coinbase,
Localbitcoins, Cex.io, Kraken, and 24option, also City index. These are the exchange platform who
are accepting payment using credit card.
Yes! Ive seen a lot of exchanges that offers to trade your credit card money to bitcoin, but I dont want to use credit card, it has a limit and also an interest every month. If you have a money invest it do not use credit card. I think in order for you to register your cc to the exchanges you need a fully verified account.

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November 28, 2019, 12:12:45 PM
 #53

hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin


You can try some of the exchange that accepting credit card like Binance, Coinmama, Coinbase,
Localbitcoins, Cex.io, Kraken, and 24option, also City index. These are the exchange platform who
are accepting payment using credit card.
Yes! Ive seen a lot of exchanges that offers to trade your credit card money to bitcoin, but I dont want to use credit card, it has a limit and also an interest every month. If you have a money invest it do not use credit card. I think in order for you to register your cc to the exchanges you need a fully verified account.

Depends from the exchange, for us (Linkkoin) card verification is an element of verification procedure as well.
Moreover, we ask our customers to cover CCV code on the back and part of the card number itself. As well it is often spoken about credit cards in general - but in fact, debit cards work exactly the same as credit cards when speaking of using them online.

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Buy BTC, ETH, XRP, BCH, EOS, LTC, XMR, REP, ETC, ZEC with credit/debit card
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December 09, 2019, 07:00:03 AM
 #54

hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin


Hi! There are a lot of marketplaces and exchanges that will accept credit card payments. Firstly, you need to think about how much Bitcoin you want to buy, and what kind of trader you'll be. Are you going to HODl (hold on for dear life)? Always remember to do as much of your own research as possible - into different coins and trading styles. I would say that for a first time trader, buying off of a marketplace like  Vertex.market is ideal. There's no KYC (know your customer) process, and you can buy offerings from other traders with much more payment options than on traditional exchanges. Best of luck! Hope this helped.
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December 09, 2019, 11:29:55 AM
 #55

Depending on which country you are living the fees structure will be there. I think buying with credit card will be costly for you as their fees and conversion rates will be higher than usual. If there is a P2P exchange then its best to buy bitcoin from it.

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December 09, 2019, 04:38:29 PM
 #56

I've heard if binance and some other exchanges accept Bitcoin purchases using a credit card.  right now I think maybe you can check there and make a bitcoin purchase according to the amount you want

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December 09, 2019, 06:22:01 PM
 #57

Fee is totally affordable for retail investors. Considering it is one time thing and not a way to be moving money regularly.. Both Binance and Poloniex worked fine for me but make sure to check out both listed fee% and actual spread that is being taken into account Cheesy Most of places like hitbtc just use simplex and add their own fee on top
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December 09, 2019, 10:48:43 PM
 #58

I will not use a credit card to buy bitcoin because I cannot imagine how if the bad thing happens after I finish the transaction. I suggest you search your local seller in your city so you can use transfer by ATM machine to buy bitcoin. You can feel safe if you know the seller because you don't have to worry if that seller will scam you. I never tried to use a credit card to buy crypto because I know the risk if another party steals the credit card data.
Yes, we dont know what will happen in our next trade, whether we lose or we win we doesnt know. We need to not use it, because we all know that credit card interest is increasing once we cannot pay our debt. We should use other source but not this once, I highly dont recommend this one.

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December 10, 2019, 05:34:25 PM
 #59

I will not use a credit card to buy bitcoin because I cannot imagine how if the bad thing happens after I finish the transaction. I suggest you search your local seller in your city so you can use transfer by ATM machine to buy bitcoin. You can feel safe if you know the seller because you don't have to worry if that seller will scam you. I never tried to use a credit card to buy crypto because I know the risk if another party steals the credit card data.
Yes, we dont know what will happen in our next trade, whether we lose or we win we doesnt know. We need to not use it, because we all know that credit card interest is increasing once we cannot pay our debt. We should use other source but not this once, I highly dont recommend this one.
Today, there are a lot of opportunities to buy Bitcoin using your bank card, since even many new projects are developing cryptocurrency exchanges, with the possibility of linking a bank account.  But I use old and already proven methods, where there is a real intermediary and surety, where there is confidence that the nurse will pass without any fraud.  I use the very famous Bestchange resource, which provides reputable exchangers for exchanging various cryptocurrencies for any currency.
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December 12, 2019, 12:49:35 PM
 #60

You can buy Bitcoin with credit or debit card on BuyCoinNow. Their fees are quite okay, it's not a cryptocurrency exchange but the online cantor. Registration is needed there.
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