How do you Buy Bitcoin with Credit Cards?
If you want to buy bitcoin with credit cards then you have probably dealt with the frustration of trying to buy from a bitcoin exchange. Normally you would have to go through a slow identity verification process, link your bank account, wait 4-5 days for a wire transfer to go through THEN you have the chance to place an order. With the price of bitcoin going up every day, fiat wire transfer are the slowest way to convert USD into bitcoin. When you can’t deal in cash, the fastest way to buy bitcoin online is with a credit or debit card.
United States residents: Most companies that let you buy bitcoin with a credit card do not accept U.S. customers because of the harsh Know Your Customer regulations. If you live in the United States of freedom your best option is Coinbase.
Buy Bitcoin with A Credit Card
Cex.io has been around for years and offer one of the most popular ways to buy btc with a credit or debit card. Cex is actually a peer to peer exchange where you can buy and sell bitcoin (or ether) at your desired price. To use Cex you will need to verify your identity, then you can fund your account with USD or EUR via a credit or debit card. Cex accepts VISA and Mastercard and their support services 99% of the world.
CoinMama.com is one of the best ways to buy bitcoin with debit or credit cards. They have been in business for years and make it easy to buy bitcoin from anywhere in the world. At CoinMama you can buy bitcoin with a Mastercard, Visa card, or you can even buy bitcoins with cash via Western Union, Moneygram, EgoPay. No matter how you pay, CoinMama makes it easy to buy bitcoin online in just seconds!
Coinmama has a minimum order of 0.1 bitcoin per purchase.
Coinmama is working hard to comply with U.S. regulations but is currently only able to service customers in the following states:
- New Jersey
- New Mexico
- North Carolina
- South Carolina
Buy Bitcoin with a Credit Card in Europe
BitPanda.com is a great way for European residents to buy bitcoin with a credit or debit card. You can use BitPanda to buy Bitcoin with a VISA or Mastercard. Bitpanda has a variety of online payment methods including Skrill and SOFORT.