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Author Topic: Sending Money From a Debit Card to a Bitcoin Address  (Read 224 times)
retreat
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August 14, 2023, 07:02:05 AM
 #21

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

You can't because Bitcoin wallet can't receive money directly, it can only receive and send Bitcoins. So you need to convert your money into Bitcoin on the exchange and withdraw it to the wallet you want and that's the only way.

R


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August 14, 2023, 07:27:51 AM
 #22

The quickest way is probably P2P, if you want to send someone some bitcoin without the need to create a bitcoin wallet although it involves you transferring your money to the sellers bank account and then you will provide that seller the bitcoin address that you want your bitcoin to be sent. There's some people in the Marketplace board that might be able to do that if you're looking for the service.
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August 14, 2023, 08:19:54 AM
 #23

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh


Without a wallet, you cannot send bitcoin to a bitcoin address. This is very simple to understand as without having a bank account, will you be able to receive money in that bank account ? Obviously, No., So you need to have a bitcoin wallet in order to get the bitcoin.
I hope you are not willing to send the bitcoin to the exchange address and think that in this way you will be saved from hassle of creating the bitcoin wallet and avoid all that seed phrases stuff etc.

First you need to learn a bit more about bitcoin as how it works, what are different types of wallets and how the funds are being send to bitcoin addresses.

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August 14, 2023, 08:33:05 AM
 #24

Why don't users look at who they're posting to. If it's because of sig campaign it isn't helping the forum. This thread isn't worth spending time in because the OP isn't being truthful. His other thread about having a transaction stuck for 6 days isn't the only user posted like it.

That's the first thing that struck me when looking at his profile, especially since he opened two topics, one about money from a card to Bitcoin and one about an unconfirmed transaction fror 6 days ago.
The "newbie" thing simply doesn't make sense.
Also, it's jambler(dot)org not .io (the original).

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August 14, 2023, 08:53:53 AM
 #25

hey i am beginner with btc Roll Eyes
Welcome to the Bitcointalk forum and Welcome to the cryptospace, hope you find this place pleasant for you  Cool

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet?
Without having to create a wallet makes this process impossible, especially that a record for such a transaction needs to be kept as proof of it happening, and besides you still need a wallet to receive the coins after the purchase!!

Unless you meant without having to manually create a wallet...this process is definitely going to involve a third-party like an exchange,  of which you will first have to buy some bitcoins with your card ,of which a bitcoin wallet will be automatically  created if a CEX is used so that when sending out some coins you can specify just how much the other person should be receiving from what you have!

What is the easiest and quickest way to do this? Huh
Unfortunately the easiest way to buy BTC with a card is that which doesn't require a KYC process like most require, but this is also the expensive option but for convenience opt for peer2peer trading and you should have BTC in your Addy in no time .

R


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August 14, 2023, 10:23:11 AM
 #26

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this?
Are you kidding me,it is impossible mate. You need the a bitcoin wallet,because it is from the wallet that you created that you will get your bitcoin address from in which you can use to receive funds. If you are talking about an exchange,then you can use your debit card to buy bitcoin directly from the exchange and it will be sent to your exchange account. You exchange account is not yours but you didn't create it yourself. If you leave your bitcoin after buying it in an exchange then it is no longer yours because it is not you that is in control of your funds but the exchange since they have the keys. This is why you need to create a noncustodial wallet to help you have full control over your bitcoin.

R


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August 14, 2023, 10:40:23 AM
 #27

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh
As far as I know, there is no way to have the money on your debit card converted directly into bitcoins and sent to your bitcoin wallet. You need to exchange your fiat at one of the trusted exchange places like Binance or others. or even you can do P2P directly with people you trust. However, you need to convert your old fiat into bitcoin, and there doesn't seem to be an automatic way from debit card to bitcoin wallet.

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August 14, 2023, 07:55:51 PM
 #28

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh
TBH, I know you are spamming here because I already read your post before where a member has already warned you but taking the timestamp into account this post must be the first one because that was the last. So, my suggestion for you is to get familiar with the system of cryptocurrency because without a wallet nobody can receive BTC or send BTC.

I hope you are getting my point here. So before sending BTC or converting your fiat to BTC, you do need a wallet. ANd you can not just send money from a Debit card to Bitcoin (because Bitcoin is not a wallet it is a currency or I should say a coin).

So, my request is to read the following articles for more information if you have not read them before.
https://www.investopedia.com/terms/b/bitcoin.asp
https://www.bitcoin.com/get-started/a-quick-introduction-to-bitcoin/
https://academy.binance.com/en/start-here

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August 14, 2023, 09:23:47 PM
Last edit: August 14, 2023, 09:37:20 PM by RewFrew
 #29

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh
Yes You can send Money from a debit card to buy bitcoin. But you need Bitcoin address. For bitcoin address you can use coinbase or exchanger wallet. If you open a exchanger account you don't need to creat another bitcoin wallet. For receive Bitcoin you can get bitcoin deposit address. Here you can hold your Bitcoin easily. Because to receiving bitcoin you must need a address. Moreover you can buy bitcoin from many websites. But i think cryptocurrency exchanger is better. It is also more safe. So i think to convert money from debit card to bitcoin exchanger is best. You can easily convert here and you can hold your Bitcoin in Exchanger.

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August 14, 2023, 09:41:25 PM
 #30

Before anything else, ensure that your card allows for cryptocurrency purchases; otherwise, it could get declined. This is particularly important if your government doesn't endorse crypto, as crypto transactions might lead to issues. When buying crypto with a card, you'll need to involve a third party. Without a wallet, there's no place to store your crypto, and finding a receiving address becomes impossible. This approach is impractical. You must either set up a non-custodial wallet or an exchange account to generate a receiving address. There's simply no alternative.

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..BUY/ SELL CRYPTO..
BVeyron
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September 02, 2023, 05:13:27 PM
 #31

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

I think most exchange hubs have such option, so you can find an exchange hub which you trust, and which has affordable transaction fee. Maybe some exchange services follow KYC policy, that's why they require "fresh" BTC address, but I don't think that already existing BTC address is an issue for KYC systems, especially when fiat money is involved...

Hamza2424
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September 02, 2023, 07:49:42 PM
 #32

Op what do you mean by not creating a Bitcoin wallet, well I can explain what are you trying to say if you don't, As per your question it seems like you want to send money from the Card to a Bitcoin address, Do you want to pay someone in the Bitcoin for that also you need the Bitcoin firstly in your own wallet. So this is not how it works as you are thinking you need to Buy BTC first from the card as well you can buy BTC some Decentralized wallets allow direct crypto buying with VISA cards.

So why do you need the Bitcoin wallet first in the Bitcoin network, there are two addresses is public and one is private in simple words. Private is the key to open and accessing the funds in the wallet public to share and receive payment on the network. Even if you want to send Bitcoins to someone you need to own the Bitcoin first in your wallet. In a few and simple words that's it.


DabsPoorVersion
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September 02, 2023, 11:52:43 PM
 #33

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh
You can buy btc using binance, you do not have to create bitcoin wallet but you have to register an account and submit your identification and pass the KYC. Binance have features like p2p and direct deposit that will let you use your debit card to purchase bitcoin. You can watch the steps in youtube or seaech it online.


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