Topic: BTC Purchase Directly now possible :D - page 2. (Read 2386 times)

Wouldn't the authorities be concerned by we all just start buying bitcoins over internet through cards?

I was aware that there would be some conversion fee but 8% is just too high which makes trading a loss rather than a profit.

I just checked the FAQ and on top of all that, they have a huge withdrawal fee too.


Indian exchanges are most preferred compared to international exchanges.

Any reviews so far on using bitstamp from india.

They are not accepting INR, Bitstamp or Card company will charge mark up fee for $.

Not sure about debit card but I checked through credit card bitstamp charging 8% fee so I don't think it's viable option.

International withdrawals are charged with 0.09% fee, minimum fee is $15.00. Minimum amount for international withdrawal is $50.00.

Well certainly if 8% and 2.5% is found out to be true then certainly no point in buying from any International exchanges. Its better to buy from very own Indian exchanges. Because you may end up paying more if purchased from International markets.

Yes they will not accept INR  but USD , there will be 2.5% exchange rate for USD TO INR for sure but not sure about Deposit rate but 8% fee ? thats big lol . Moneypolo is far better then

They are not accepting INR, Bitstamp or Card company will charge mark up fee for $.

Not sure about debit card but I checked through credit card bitstamp charging 8% fee so I don't think it's viable option.

After card purchases are done, won't they ask for id verification in case of withdrawals?
I think that if this is going to happen, Indians are surely going to make something big on this including me.
I had been waiting for such a chance and seems like my wish has become true, we can finally purchase it at International rates.

Finally an international exchange accepts INR (if that what the mail implies) and bitstamp is the best possible site we can buy bitcoins from. I was thinking to trade on international exchanges and sell on Indian exchanges as it's profitable with the fluctuating rates (international exchanges offer market rates while Indian ones offer 5% more than the market rates).

Dear customers,

There's a lot happening at Bitstamp right now!

As you know, XRP trading is now in full swing and debit/credit card purchases were extended last week to USD 5,000/EUR 5,000 daily and USD 20,000/EUR 20,000 monthly. But that's not all!

With Visa and MasterCard debit and credit card purchases for bitcoin already possible throughout the EU-28, we have now expanded Bitstamp's debit/credit card purchasing functionality to include the following countries:

Switzerland, Norway, Monaco, Montenegro, Serbia, Turkey, Andorra, Moldova, Gibraltar, Iceland, Greenland, Liechtenstein, Isle of Man, Faroe Islands, Aland Islands, San Marino, Hong Kong, China, Singapore, Taiwan, South Korea, Australia, New Zealand, Japan, Argentina, Brazil, Israel, Sou th Africa, Chile, Kuwait, Cayman Islands, Qatar, Saudi Arabia, India, Lebanon, Puerto Rico, Peru, Madagascar, Mozambique, Dominican Republic, Curacao, Dominica, Jordan, the Bahamas, Bahrain, French Polynesia, Ecuador, Trinidad and Tobago, Barbados, Reunion, Jamaica, Paraguay, Brunei, New Caledonia, Guadeloupe, Martinique and Sint Maarten.

This means that if you are in the EU 28 or any of the countries listed above, you can now purchase bitcoin instantly using your Visa or MasterCard credit/debit card!

Only a one-time verification of your card details is required before instant bitcoin purchases on Bitstamp are yours. This service has been brought to you in cooperation with our partner, Simplex. For further information, please contact our support team at [email protected] .

As ever, thank you for your continued support - it means a great deal to us - and please stay tuned for further announcements!

Best,

Nejc Kodric
CEO, Bitstamp