Author

Topic: Purchasing BTC with Debit Card (Read 590 times)

full member
Activity: 155
Merit: 100
January 26, 2016, 11:33:56 AM
#8
Hello,

https://cryptonit.net offers a possibility to buy bitcoins with credit/debit cards. We support both Visa and MasterCard.

Should you have any questions, feel free to let me know.

Kind regards
Edward Cryptonit
legendary
Activity: 1442
Merit: 1000
January 25, 2016, 04:34:33 AM
#7
I would do it with pre paid atm credit type cards but the fee's
are pretty crappy and some even still need you to verify who you
are before you activate thme which takes away from the point of
using a reloadable card
newbie
Activity: 37
Merit: 0
January 25, 2016, 04:12:00 AM
#6
You're going to have to go through with the verification processes. It's annoying, I know. But in the time spent discussing it, you could possibly have been verified on some sites. Businesses still take a risk when you pay via debit card as the transaction can be reversed (albeit not as risky as accepting paypal) - so they're going to want to verify who you are in case you try to run away with their bitcoin. You could buy from localbitcoins almost instantly if you wanted to - verification with a seller is usually easy. I got verified by sending through a snapchat of me holding up my ID.

Though if you are adamant in not doing this, you could purchase gift cards and then trade them for coin.
newbie
Activity: 28
Merit: 0
January 24, 2016, 08:39:35 PM
#5
Can anyone else help with this?
newbie
Activity: 28
Merit: 0
January 24, 2016, 03:06:08 PM
#4
It's pretty obvious now that governments are making it even more difficult to purchase BTC swiftly due to the implementation of AML legislation but my question is, is it still possible to purchase BTC with a debit card without the ID verification process? And if not directly is there a 'workaround' process?

All feedback is welcome, thanks guys  Smiley
I suppose if the debit card is stolen you could get around this, but if it's your own card I don't think so.  Your name is associated with the bank you got the card from--at least in the United States, don't know about other countries.  If you want to remain anonymous, don't use a debit card.  I think that's solid advice.

It's my card that am using but I don't want to go through the whole process of verification etc. Thanks for the reply.

You can buy a prepaid Credit Card an buy them. I have done it before with some search work.

Good suggestion. But is there an upper limit on how much I can purchase with the pre-paid cards? Thanks alot.
hero member
Activity: 1036
Merit: 501
January 24, 2016, 03:00:14 PM
#3
You can buy a prepaid Credit Card an buy them. I have done it before with some search work.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
January 24, 2016, 02:56:22 PM
#2
It's pretty obvious now that governments are making it even more difficult to purchase BTC swiftly due to the implementation of AML legislation but my question is, is it still possible to purchase BTC with a debit card without the ID verification process? And if not directly is there a 'workaround' process?

All feedback is welcome, thanks guys  Smiley
I suppose if the debit card is stolen you could get around this, but if it's your own card I don't think so.  Your name is associated with the bank you got the card from--at least in the United States, don't know about other countries.  If you want to remain anonymous, don't use a debit card.  I think that's solid advice.
newbie
Activity: 28
Merit: 0
January 24, 2016, 02:54:00 PM
#1
It's pretty obvious now that governments are making it even more difficult to purchase BTC swiftly due to the implementation of AML legislation but my question is, is it still possible to purchase BTC with a debit card without the ID verification process? And if not directly is there a 'workaround' process?

All feedback is welcome, thanks guys  Smiley
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