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Topic: best way to buy bitcoins with credit card? (Read 7588 times)

hero member
Activity: 881
Merit: 500
CyberTrade
June 11, 2013, 01:21:36 PM
#31
I know you wanted to know about buying your Bitcoins by credit card but in all honesty you are not going to have much luck. You are going to have to pay the Bitcoin seller with a payment option which is non-reversible, which is why Paypal as well is not an option when purchasing Bitcoins.

So now you need to consider your options. If you do not care about being linked to the purchase and do not care about waiting a few days to get your coins I would suggest going with www.coinbase.com . Another option is www.localbitcoins.com which is a great source if you can find somebody in your area.

Another option you could consider would be to get your Bitcoins from www.bitcoin-brokers.org . These guys will sell you your Bitcoins for 2% below market value, and you can get them within one day simply by sending them a Moneygram payment. They also will buy your Bitcoins back from you and send you cash via Moneygram which is a great service.
newbie
Activity: 30
Merit: 0
I would stick with localbitcoins.com, its the fastest.
And if you do repeat business and build your trust with a seller, he might offer you instant CC transactions ( worked for me )
full member
Activity: 143
Merit: 100
I want to post some of my findings,

btcQUICk seemd just what I needed, but they refused my account because I didn't have a phone number from a country they could verify... This is what Jerrod said,

Quote
---------- Forwarded message ----------
From: Jerrod Bunce <[email protected]>
Date: Fri, Mar 29, 2013 at 12:59 AM
Subject: Re: Enquiry Felipe
To: felipe <>


Felipe, Unfortunately we do not have the ability to verify individuals in South America at this time.

Thanks,

After that I asked if they could make a special verification for me, that I was willing to provide any information they needed, but they simply ignored me.


I've been most successful with two approaches:

1) Using localbitcoins to contact people locally and do trades for cash or local bank wires, which are instant.

2) I created an account at BitMit.net and started offering selling PayPal USD for BTC. This worked very well for me, as I have PayPal linked with my credit card. I made a few transactions offering a good rate while I built my trust.

I hope this may help other people with the same questions.

Regards,



full member
Activity: 143
Merit: 100
Please use www.BuyBitcoins.com

We do require identify verification to buy bitcoins by credit card, but our service is fast & very secure. 
Just upload your photo ID, do a quick phone verification & we'll send you your bitcoins within a couple of hours.

It requires a mtgox account... If I'd have one, I wouldn't be wanting to buy with credit card.
newbie
Activity: 8
Merit: 0
Please use www.BuyBitcoins.com

We do require identify verification to buy bitcoins by credit card, but our service is fast & very secure. 
Just upload your photo ID, do a quick phone verification & we'll send you your bitcoins within a couple of hours.
full member
Activity: 143
Merit: 100
What you could do to lock in Bitcoins at the current price while using a credit card is this:

Find something on the Internet that you think a Bitcoin user would likely want to buy in the price range of the amount of money you are wanting to spend.

Post the item for sale on BitMit.

Wait for someone to buy it.

Get their address, go to the site where you can purchase the item. Pay for the item with your credit card and have it shipped to the person.

The price is locked in, once the person receives their item you will get your bitcoins.

This is very smart! thank you!
full member
Activity: 143
Merit: 100
Is it possible to buy Bitcoins in Mtgox, using an international credit card?
Tks!

No, not possible.

full member
Activity: 143
Merit: 100
I checked btc-e, but then they send you to a page with several payment gateways, most of them in russian, and so far I have not discovered the way to get to the credit card option... any insights?

thanx

I think btc-e.com can work for you.
legendary
Activity: 2128
Merit: 1002
What you could do to lock in Bitcoins at the current price while using a credit card is this:

Find something on the Internet that you think a Bitcoin user would likely want to buy in the price range of the amount of money you are wanting to spend.

Post the item for sale on BitMit.

Wait for someone to buy it.

Get their address, go to the site where you can purchase the item. Pay for the item with your credit card and have it shipped to the person.

The price is locked in, once the person receives their item you will get your bitcoins.

Elwar, great idea..thanks for sharing.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
What you could do to lock in Bitcoins at the current price while using a credit card is this:

Find something on the Internet that you think a Bitcoin user would likely want to buy in the price range of the amount of money you are wanting to spend.

Post the item for sale on BitMit.

Wait for someone to buy it.

Get their address, go to the site where you can purchase the item. Pay for the item with your credit card and have it shipped to the person.

The price is locked in, once the person receives their item you will get your bitcoins.
sr. member
Activity: 476
Merit: 250
moOo
havent used it but what do yall think of bitinstant? cant you use your cc card at cvs for a moneypak or something?
full member
Activity: 235
Merit: 250
Is it possible to buy Bitcoins in Mtgox, using an international credit card?
Tks!
member
Activity: 95
Merit: 10
bitcoin is cash, irreversible. so credit card is not so good of a way to purchase.
newbie
Activity: 26
Merit: 0
mtgox may say that international wire transfers take 2-5 days, plus another day for AML, but that's not always the case. It took less than 24 hours for me between filling out the wire transfer form, to having funds available on the exchange. Of course that may differ depending on your bank and/or the load per day... and who knows if they prioritize incoming transactions depending on size?
Plus couple of days before they verify you and you can actually make a SEPA transfer, right.
Idk, I've been lookin' for some option where I could get money from a bank account to a wallet within 24 hours but didn't find one. And I'm living in EU.

Yeah, the phone deposit with blockchain is probably the only option I've found, too. But not only the maximum you can buy that way is just 0,1BTC, they also take a hell of a fee (not neccesarily their fault, I believe phone companies are charging ridiculous fees at the first place).
newbie
Activity: 26
Merit: 0
I think btc-e.com can work for you.
newbie
Activity: 20
Merit: 0
mtgox may say that international wire transfers take 2-5 days, plus another day for AML, but that's not always the case. It took less than 24 hours for me between filling out the wire transfer form, to having funds available on the exchange. Of course that may differ depending on your bank and/or the load per day... and who knows if they prioritize incoming transactions depending on size?
newbie
Activity: 8
Merit: 0
As hellfrozenow said, LocalBitCoins might be a good option for you. I don't know if there are any sellers near where you live, but if so it would be quite a bit easier than verifying an account online - plus you'd get to keep your privacy! =)
newbie
Activity: 6
Merit: 0
I quite like Blockchain.info for buying bitcoins.

Easiest place I have found so far...
legendary
Activity: 1030
Merit: 1000
Check virwox.com but they allow a very small deposit via credit card for newbies.
newbie
Activity: 19
Merit: 0

Also, I found out that blockchain wallet allows you to purchase bitcoins from many different countries using your telephone bill. I still don't know the limitations and risks of this option, but looks pretty interesting too. I'll study it in more detail. If you have any experiences or comments about this, would be great.

Thanks all,



Where/how does blockchain wallet allow that? I've been using it for a while and haven't seen that...



Probably means the Phone Deposit option which only appears under the EU and Other tabs.

https://blockchain.info/wallet/sms-phone-deposits

Exactly. Anyone has used this Phone Deposit option?

This method is a way too pricey!!! The worst deal ever you can do for buying BTC.
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