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Topic: How to decide which payment method to use when buying bitcoin? - page 2. (Read 1250 times)

newbie
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I'm about to invest in some bitcoins, but I'm curious what type of payment method is best to use. I already know that it is possible to buy bitcoins with a various number of deposit methods.

Could you give me the advantages and disadvantages of buying BTC using:

  • a bank transfer (SWIFT/SEPA/WIRE)
  • a credit card (debit card - visa or mastercard)
  • cash
  • a PayPal account
  • any other payment methods that people like to use?

I'd like to compare each to get an idea of when you may prefer to use one payment method over another and why. Thank you Smiley
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