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Author Topic: Credit card to bitcoin  (Read 779 times)
Kira2525
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April 06, 2014, 08:11:11 PM
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Is there a site where I can enter my credit card/debit card number and receive BTC?
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grippy54
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April 06, 2014, 10:03:17 PM
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You mean buy btc with your cc? I think coinbase will let you.
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April 06, 2014, 10:11:53 PM
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Coinbase will not let you. They only use credit cards if your bank account fails. Check out Purse.io. That site allows you to buy things for other people on Amazon (including with a CC) and get paid for it in BTC.

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April 07, 2014, 01:58:13 AM
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First time I am hearing about purse.io
Thanks

maurya78
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April 07, 2014, 02:03:40 AM
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Just checked out the purse.io website
Pretty neat actually

techgeek
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April 07, 2014, 03:04:17 AM
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You can always try to find someone on localbitcoins.com for paypal.

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April 07, 2014, 03:16:53 AM
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Coin.mx exchange accepts credit cards.
techgeek
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April 07, 2014, 04:47:24 AM
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Coin.mx exchange accepts credit cards.

Never heard that as well.. how many times have you bought from them?

5thStreetResearch
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April 07, 2014, 05:11:00 AM
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Dont think anyone very trustworthy is doing this at the moment.  I would find another method of purchasing your bitcoin.  Coinbase is your best option, you just need a debit card to use their service.

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April 08, 2014, 01:50:48 AM
Last edit: April 08, 2014, 03:23:45 AM by jongoodson
 #10

Is there a site where I can enter my credit card/debit card number and receive BTC?
The only one i know and i've experinced with this is buy from virwox.com. You will deposit by your MasterCard/ Visa etc to your virwox account and then buy some Second Life Lindens (SLL) after this step, you can buy BTC from your SLL balance. Now you have BTC on your balance that you can withdraw. Watch out for the fee! Smiley .

So the scheme is VIRWOX -> SLL -> BTC.
rohnearner
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April 08, 2014, 08:21:52 AM
 #11

Is there a site where I can enter my credit card/debit card number and receive BTC?
ok to be more precise you want to buy btc with your CC/DC or you want some bonus offers like where you receive $$ for submitting your CC/DC details ..!

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April 08, 2014, 08:27:39 AM
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Is there a site where I can enter my credit card/debit card number and receive BTC?
ok to be more precise you want to buy btc with your CC/DC or you want some bonus offers like where you receive $$ for submitting your CC/DC details ..!
I think the person you quoted wants to buy BTC with credit card/debit card.

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April 08, 2014, 02:44:50 PM
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You can always try to find someone on localbitcoins.com for paypal.

I'll vouch for Local Bitcoins. I've used them dozens of times to buy and the people who sell are reliable and responsive.
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April 08, 2014, 03:00:26 PM
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Coin.mx  SCAM??
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April 08, 2014, 10:26:37 PM
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LOL, call the five o

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April 08, 2014, 11:04:34 PM
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Centregold.ca has been risking it for many years, since long before bitcoin was released.

They have very sticky verification, as you should expect.

The fee is high, as you should expect.

It takes time to do the investigating, that you should also expect.

Paul is legit. I can vouch for him - almost ten years a trading partner.

If he has no bitcoin, you can take another hard digital currency such as Perfect Money, which is trival to swap for BTC at a number of sites.

I encourage you to instead pay by a non-reversible cash method. You will save lots of fees, time and avoid intrusions of your privacy.



BenAnh
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April 09, 2014, 12:14:33 AM
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Coin.mx  SCAM??
No, I can attest to that exchange as they have the best customer service!
nanaimogold
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April 09, 2014, 03:23:39 AM
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Dont think anyone very trustworthy is doing this at the moment.  I would find another method of purchasing your bitcoin.  Coinbase is your best option, you just need a debit card to use their service.

You've got your trust issues backward.

The guy accepting the charge is the one running the risk. The guy accepting the bitcoins is home free.

The credit card can be charged back, the bitcoin cannot. In dispute the onus is on the sender of the bitcoin to prove he did so. No credit card company is going to accept the blockchain as evidence of a product being delivered.

Whether the cardholder is lying to get his money back or he really did have his card number misappropriated, the result is the same, the money pulled back from the merchant account to refund the charge card.

To add to the injury, the card issuer will charge the merchant $25 - $40 service fee for the privilege of being ripped off by the scammer who got him for the bitcoins. Double ouch!

It's no wonder that the banks and other card issuers don't supply the needed tools for a merchant to scrub out this type of "friendly" fraud or even for stolen cards. They are complicit in the crime - they make a fortune in service fees.

I've seen merchants ruined by this friendly and stolen card number fraud. Not just in currency trades, but in anything that is easily liquidated.


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April 09, 2014, 09:17:24 AM
 #19

the way I used: deposit from credit card to neteller (1.75% fee), then buy bitcoins with neteller on localbitcoins from existing sellers (very expensive), or place your own ad and wait. anyway you should offer a good premium for neteller to bitcoin exchange, because neteller is reversible (not that much reversible as paypal, though).
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