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Author Topic: Buying BTC with credit card?  (Read 3449 times)
nzminer (OP)
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April 26, 2014, 02:51:22 AM
Last edit: July 01, 2014, 05:30:41 AM by nzminer
 #1

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

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April 26, 2014, 02:54:38 AM
 #2

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

I would never sell BTC to someone using a credit card, unless I knew them personally.

They can always claim the card was stolen and recover the funds.  You can't recover the bitcoins.

Are you looking to scam someone?

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April 26, 2014, 03:47:02 AM
 #3

Coinbase

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nzminer (OP)
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April 26, 2014, 04:27:11 AM
 #4

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

I would never sell BTC to someone using a credit card, unless I knew them personally.

They can always claim the card was stolen and recover the funds.  You can't recover the bitcoins.

Are you looking to scam someone?
Why would i be looking to scam someone?
Im not asking to do a paypal transaction on here!
Im not that stupid, although i do understand some members make such transactions on this forum if they have a high trust level.
All im getting at is that all the exchanges such as cryptsy require you to spend BTC and not USD, and those that let you buy BTC with USD dont accept credit cards.

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PerrythePlatypus
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April 26, 2014, 04:35:22 AM
 #5

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.
Hardly anyone accept credit card since you can claim your credit card to be hacked and get refunded. Just go to a bitcoin atm and buy using cash.
nzminer (OP)
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April 26, 2014, 04:38:26 AM
 #6

We dont have a BTC ATM here (yet).
Im in New Zealand and Auckland is the only place with a Bitcoin ATM.
Besides i thought those ATM's took credit cards, but perhaps im wrong, i thought paypal was the issue for refunds, are there not any escrow services?
Its annoying for me because i dont have a US bank account.

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April 26, 2014, 04:39:08 AM
 #7

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

Try eNumbered (they also accept Paypal)

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PerrythePlatypus
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April 26, 2014, 04:40:58 AM
 #8

We dont have a BTC ATM here (yet).
Im in New Zealand and Auckland is the only place with a Bitcoin ATM.
Besides i thought those ATM's took credit cards, but perhaps im wrong, i thought paypal was the issue for refunds, are there not any escrow services?
Its annoying for me because i dont have a US bank account.
I forgot about this: virwox accept credit cards. But their fees are high.
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April 26, 2014, 04:45:09 AM
 #9

are there not any escrow services?

Sure, if you are willing to have the escrow hold onto your coins for the six to twelve months until your ability to do a charge back expires.

Once you can no longer claw back the money, you'll get your coins. 

I'll do this right now for you if you want.

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nzminer (OP)
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April 26, 2014, 04:46:25 AM
 #10

I see there are a few places you can purchase BTC in NZ, like https://bitnz.com/
but ive got no idea how legit they are.

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April 26, 2014, 05:23:28 AM
 #11

@OP I have used and personally recommend coinbase.com and coin.mx for buying BTC with my debit card.

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April 26, 2014, 06:12:17 AM
 #12

Some places have ATMs installed already

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April 26, 2014, 07:34:45 AM
 #13

due to charge back nature exchange always prefer wire transfer over cc or paypal

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April 26, 2014, 11:38:42 AM
 #14

Some places have ATMs installed already

But OP mentioned already that there is no ATMs near him.

We dont have a BTC ATM here (yet).
Im in New Zealand and Auckland is the only place with a Bitcoin ATM.
Besides i thought those ATM's took credit cards, but perhaps im wrong, i thought paypal was the issue for refunds, are there not any escrow services?
Its annoying for me because i dont have a US bank account.

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April 26, 2014, 11:52:51 AM
 #15

Selling BTC with credit card.... is not a good idea if you are not looking to scam someone.
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April 26, 2014, 12:14:49 PM
 #16

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

i bought with credit card on btc-e exchange through payeer gateway, but the commissions are high and you have to verify yourself, but it works.

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April 28, 2014, 10:01:26 AM
 #17

Because of chargebacks, this hardly every becomes a great solution.

If an exchange or place allows this... they might have some issues for longevity if someone scams them out of their BTC.
Treat Crypto as cash, and should be bought with cash.
Harley997
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June 11, 2014, 01:39:37 AM
 #18

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

You can use https://coin.mx/

They have very low buy limits as they are at a high risk of fraud.

I think there are a few other sites that will sell via credit card but the prices are much higher then the exchanges as they are taking a lot of risk to be scammed.

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June 15, 2014, 11:16:48 PM
 #19

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

You can use https://coin.mx/

They have very low buy limits as they are at a high risk of fraud.

I think there are a few other sites that will sell via credit card but the prices are much higher then the exchanges as they are taking a lot of risk to be scammed.

Coinbase allows you to link you bank account and use your credit card as a backup if your bank transfer is returned NSF
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June 19, 2014, 12:08:52 PM
 #20

What exchange allows this?
If any such exchanges do this, whats the best rate?
I need some BTC as im wanting to invest in other altcoins.

You can use https://coin.mx/

They have very low buy limits as they are at a high risk of fraud.

I think there are a few other sites that will sell via credit card but the prices are much higher then the exchanges as they are taking a lot of risk to be scammed.

Coinbase allows you to link you bank account and use your credit card as a backup if your bank transfer is returned NSF

Yep, give coinbase a go OP.
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