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Topic: Buy bitcoin with credit card - page 6. (Read 2034 times)

legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
July 24, 2019, 11:44:20 PM
#26
Most of the time KYC for buying BTC with a credit card isn't too bad, I recall Coinmama's verification requires that you upload a high-quality picture of a national ID and a selfie with the applicable ID and that gives you a limit ceiling of $15,000 once you pass KYC. Fees also aren't ideal when buying BTC or any crypto with a credit card, but the option is always there and there are plenty of sites allowing you to do so.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
July 24, 2019, 09:24:11 PM
#25
Today, a lot of resources provide an opportunity to buy Bitcoin using credit cards and it is not necessary to provide KYC.  There are certain exchanges where you fill out an application with a minimum of data, where you are given all the details for the transfer of money.  After that, bitcoin enters your wallet.
I heard about this one and you can really now use your credit card to buy bitcoin all you have to do is to look for that exchange and make sure that your details is safe. Remember that if you provide your card details, they can still use it to scam you. More exchanges will also adopt this kind of technology, but for now I'm still using fiat money and never tried to use my card.
legendary
Activity: 1862
Merit: 1015
July 24, 2019, 09:00:42 PM
#24
lots of exchangers that provide a deposit with a credit card, usually an exchanger that has a FIAT pair, try binance if you want, I've never tried it, but maybe there is, because a large binary exchanger,
but keep in mind, usually for creditcard deposits that require KYC, I let this know so that you are not surprised about KYC requirements if you use a credit card.
hero member
Activity: 2534
Merit: 605
July 24, 2019, 08:55:18 AM
#23
buying btc with a credit card on Binanace is possible and very easy even from the application but you must be vrificato on Binance so you have inserted the identity documents and the selfie
Yes, Binance has this function on their platform, but they are using third party application, and you know that transactions through third party is usually quite very expensive, and you have to consider all these before you think of using credit card, someone who is planning to trade with very little capital will end up not being able to trade again by the time he pays all these fees in cryptocurrency.

I think it is better one gets coins through local exchange and deposit directly into the bank, or make transfers like I do in my country than to use credit card to make purchases. For the KYC, I think everyone is already getting so use to that and if purchasing on Binance with credit card will favor anyone, I think they would not so much care about the KYC part of it.
hero member
Activity: 1092
Merit: 501
July 22, 2019, 04:19:58 PM
#22
buying btc with a credit card on Binanace is possible and very easy even from the application but you must be vrificato on Binance so you have inserted the identity documents and the selfie
Yes that is possible. Even different banks across North America have started providing the transaction of Bitcoin and other coins as well. These days it is very easy to buy Bitcoin using your credit cards unlike the past when banks would not provide the service. The only way was to buy it via P2P transactions or by direct purchase from bank.
member
Activity: 602
Merit: 10
July 22, 2019, 03:55:42 PM
#21
Today, a lot of resources provide an opportunity to buy Bitcoin using credit cards and it is not necessary to provide KYC.  There are certain exchanges where you fill out an application with a minimum of data, where you are given all the details for the transfer of money.  After that, bitcoin enters your wallet.
jr. member
Activity: 98
Merit: 2
July 22, 2019, 09:39:42 AM
#20
buying btc with a credit card on Binanace is possible and very easy even from the application but you must be vrificato on Binance so you have inserted the identity documents and the selfie
hero member
Activity: 1204
Merit: 505
May 11, 2019, 12:52:48 AM
#19
You will usually pay a lot more using credit card. And there is a possibility that your credit card operator cancel your card. But if it is your only option, you could use coingate. Binance could accept too, but I have never tried
Now Binance also provide the opportunity to use your credit card in order to buy crypto currency that is the Bitcoin, Ethereum and few more. So the answer is yes, we can use credit card to purchase crypto coins on exchanges which accept this way. Normally users choose the simple method that is the bank method to purchase the crypto coins and trade but let me tell you that many exchanges accept credit card purchases including Binance.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
May 10, 2019, 12:31:01 PM
#18
There are platforms like localbitcoins where you can buy, but there is a way that through the credit card you can transfer it to your normal account and you can make deposit or transfer without compromising your credit card, that is, you can make direct credit advances to your bank account that you use.

This is very good for you to avoid paying large tax on your credit card, also if you pay bitcoin with a credit card is a way that banks have your data more easily that you use cryptocurrencies and if you are not aware of their taxes or you forget some regulations that already have some countries, you can get into a serious problem.

The credit card methods to buy bitcoin, I think it would be the last resort, because obviously they will have access to all your information, because when you get your account statement that you bought bitcoin or any type of crypto, you will put it on a tray Silver to banks and governments the way they can get you in trouble, even in some countries you can go to jail.
legendary
Activity: 2576
Merit: 1655
May 10, 2019, 10:50:28 AM
#17
Cex.io is one exchange that I bought bitcoin when it was in its lowest around $3k and it went through. I have paid it already so now it looks like I will almost doubled my investments when the price will hit $6400-$6500. Not the best option though, but if you're willing to take the risk then why not.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 10, 2019, 08:27:17 AM
#16
What about using credit card to buy bitcoin in neteller? Worth it compare to coinbase and cex?
Did you try to buy bitcoin using localbitcoin?
I guess you can do that easily, but you need to find recommended sellers, so you don't have to worry with a scam.
Or maybe you can find someone from your city and make a deal with him so you can meet each other to make a transaction.
newbie
Activity: 4
Merit: 0
May 10, 2019, 05:55:35 AM
#15
What about using credit card to buy bitcoin in neteller? Worth it compare to coinbase and cex?
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
May 10, 2019, 02:51:50 AM
#14
Not the best option op. You would probably face problems by using you credit card here which is why I recommend purchasing BTC directly through your bank account on LocalBitcoins through a trusted trader. In this manner, the extra fees will be minimal and you won't face any issues in the future.
legendary
Activity: 2296
Merit: 2721
May 09, 2019, 10:55:51 PM
#13
hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin

after reading this I thought this will also not the good payment method for trading but I don't use this method before but possibly this will helpful for me to take the profit using my credit card and pay the payment to the bank after getting some profit.
Afaik its not possible to deposit your profits in fiat TO your credit card. All exchanges that I am aware of require a bank account for fiat deposits.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
May 09, 2019, 10:41:09 PM
#12
hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin

we don't know the country that person, credit card buying is possible on Binance and it is safe for accepting countries. Because many countries are still avoiding the cryptocurrecy so some country banks are monitor our credit card and lock the upcoming trading. So better you can ask your neighbors or friends it will help to your current status of credit card acceptance.
sr. member
Activity: 1176
Merit: 301
May 09, 2019, 09:29:01 PM
#11
I am not quiete sure, but I have a U.S. citizen friend who lives in our country who buys bitcoin using credit card in coinbase. Just try to check it out, and try to find a review first before transacting with your credit card, as you know it is risky to use credit card carelessly especially in crypto. Good luck.
It is true it is not safe to use your card online so choose carefully on where you would use it.
But as for me I think coinbase is a great wallet one of the oldest and trusted web wallet.
You could read more about coinbase payment method on this link.
But OP why don't you just do a bank transfer ?
If I am not mistaken almost all of the exchange platform accept it.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
May 09, 2019, 07:22:44 PM
#10
I am not quiete sure, but I have a U.S. citizen friend who lives in our country who buys bitcoin using credit card in coinbase. Just try to check it out, and try to find a review first before transacting with your credit card, as you know it is risky to use credit card carelessly especially in crypto. Good luck.
member
Activity: 546
Merit: 32
May 09, 2019, 07:08:11 PM
#9
The cryptocurrency payment to be paid by me using the normal method but credit card also been useful in this state because in sometimes we don't have money in our hands using this method will definitely helpful.
hero member
Activity: 784
Merit: 502
May 09, 2019, 06:20:14 PM
#8
hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin
Check Binance, recently they have added the card payment option. But wait for some more posts from others to get assured about it or for a better option.
basically I use normal banking method for trading so I don't use this type of method in this field to trade myself but it will be also like one of the good way of trading and hope it will definitely possible in future.
sr. member
Activity: 1330
Merit: 291
May 09, 2019, 05:38:22 PM
#7
hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin

Well, I don't know whether there is Remitano exchange in your country which I strongly believe that you can buy Bitcoin and any other crypto currency from the exchange with no stress. And at the same time, you can buy Bitcoin and other altcoins through Binance exchange if am not mistaking.
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