Topic: Buy BTC with creditcard - page 2. (Read 419 times)
Kraken for such ammount? I was looking for OTC as will maybe jncreasr to 500k but was dissapointed when sow itbit takes 7-10 days for verification.anyone has suggestion?
For bank transfers you have so many options to buy as much BTC as you want at reasonable prices, you can use Kraken
I will be in bank and authorise those payments by CC so it won't be issue. So furthest I can go is 20k per day it seems. Ok will probably stick to bank transfer then. Thanks
Cheers to all of you,
I am newbie to this forum and have one simple question: How can I buy BTC with credit card?
I have checked all most famous exchanges and they have silly limits. I have recently sold the apartment and would like to invest 200k+ in crypto's and would like to avoid bank transfer if possible(if not then also write me best exchange for bank transfer to buy 200k worth of btc)can't wait to get started so feel free to recommend me what you use for this exchange and how high limits are.
Ty
I am newbie to this forum and have one simple question: How can I buy BTC with credit card?
I have checked all most famous exchanges and they have silly limits. I have recently sold the apartment and would like to invest 200k+ in crypto's and would like to avoid bank transfer if possible(if not then also write me best exchange for bank transfer to buy 200k worth of btc)can't wait to get started so feel free to recommend me what you use for this exchange and how high limits are.
Ty
How do you got 200k+ in credit card? Are yours? Are the banks offering to you the possibility of taking credits worth 200k$? If yes tell us how, we will try too.
Sadly, credit cards being mostly used on bank loans or financial institutions that might ask for a refund for the bitcoin payment, so many services might be against it.
Problem is credit cards are considered risky payment instruments. That's because card information is prone to phishing and account hacks. Fraud is spelled with a capital F in the payment card industry. It is a very real and challenging threat. For this reason, you will find it hard to pay by credit card if your intention is to purchase bitcoins without giving out much information about yourself.
The risks are:
1. You can dispute the transaction after getting the coins and request for a chargeback. If you invoke the fraud defense, your card issuer will aggressively pursue the chargeback claim, making it very difficult and time consuming for payment card processors to fight it. You have up to 90 days to dispute the transaction and file a chargeback.
2. If the card information used for the payment is later discovered to be fraudulently sourced, the payment will be reversed in the form of a chargeback. There is no recourse for fighting this chargeback in this situation.
If you still want to go ahead and purchase the BTC via credit card, expect strict KYC and card authentication procedures. Here is a list of services which allow you to buy BTC and pay for them by credit card:
https://www.simplex.com/simplex-partners/
The limits are quite high. Usually USD 20k per day and 50k per month. Read through the FAQs on the above link. Be aware though that your card issuer might find it suspicious when they notice a pattern of daily purchases of USD 20k and they might put your card account on review or even lower your limits.
The risks are:
1. You can dispute the transaction after getting the coins and request for a chargeback. If you invoke the fraud defense, your card issuer will aggressively pursue the chargeback claim, making it very difficult and time consuming for payment card processors to fight it. You have up to 90 days to dispute the transaction and file a chargeback.
2. If the card information used for the payment is later discovered to be fraudulently sourced, the payment will be reversed in the form of a chargeback. There is no recourse for fighting this chargeback in this situation.
If you still want to go ahead and purchase the BTC via credit card, expect strict KYC and card authentication procedures. Here is a list of services which allow you to buy BTC and pay for them by credit card:
https://www.simplex.com/simplex-partners/
The limits are quite high. Usually USD 20k per day and 50k per month. Read through the FAQs on the above link. Be aware though that your card issuer might find it suspicious when they notice a pattern of daily purchases of USD 20k and they might put your card account on review or even lower your limits.
Cheers to all of you,
I am newbie to this forum and have one simple question: How can I buy BTC with credit card?
I have checked all most famous exchanges and they have silly limits. I have recently sold the apartment and would like to invest 200k+ in crypto's and would like to avoid bank transfer if possible(if not then also write me best exchange for bank transfer to buy 200k worth of btc)can't wait to get started so feel free to recommend me what you use for this exchange and how high limits are.
Ty
I am newbie to this forum and have one simple question: How can I buy BTC with credit card?
I have checked all most famous exchanges and they have silly limits. I have recently sold the apartment and would like to invest 200k+ in crypto's and would like to avoid bank transfer if possible(if not then also write me best exchange for bank transfer to buy 200k worth of btc)can't wait to get started so feel free to recommend me what you use for this exchange and how high limits are.
Ty
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