Sending Money From a Debit Card to a Bitcoin Address

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

You can buy btc using binance, you do not have to create bitcoin wallet but you have to register an account and submit your identification and pass the KYC. Binance have features like p2p and direct deposit that will let you use your debit card to purchase bitcoin. You can watch the steps in youtube or seaech it online.

Hamza2424

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Op what do you mean by not creating a Bitcoin wallet, well I can explain what are you trying to say if you don't, As per your question it seems like you want to send money from the Card to a Bitcoin address, Do you want to pay someone in the Bitcoin for that also you need the Bitcoin firstly in your own wallet. So this is not how it works as you are thinking you need to Buy BTC first from the card as well you can buy BTC some Decentralized wallets allow direct crypto buying with VISA cards.

So why do you need the Bitcoin wallet first in the Bitcoin network, there are two addresses is public and one is private in simple words. Private is the key to open and accessing the funds in the wallet public to share and receive payment on the network. Even if you want to send Bitcoins to someone you need to own the Bitcoin first in your wallet. In a few and simple words that's it.

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

I think most exchange hubs have such option, so you can find an exchange hub which you trust, and which has affordable transaction fee. Maybe some exchange services follow KYC policy, that's why they require "fresh" BTC address, but I don't think that already existing BTC address is an issue for KYC systems, especially when fiat money is involved...

The Cryptovator

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Before anything else, ensure that your card allows for cryptocurrency purchases; otherwise, it could get declined. This is particularly important if your government doesn't endorse crypto, as crypto transactions might lead to issues. When buying crypto with a card, you'll need to involve a third party. Without a wallet, there's no place to store your crypto, and finding a receiving address becomes impossible. This approach is impractical. You must either set up a non-custodial wallet or an exchange account to generate a receiving address. There's simply no alternative.

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

Yes You can send Money from a debit card to buy bitcoin. But you need Bitcoin address. For bitcoin address you can use coinbase or exchanger wallet. If you open a exchanger account you don't need to creat another bitcoin wallet. For receive Bitcoin you can get bitcoin deposit address. Here you can hold your Bitcoin easily. Because to receiving bitcoin you must need a address. Moreover you can buy bitcoin from many websites. But i think cryptocurrency exchanger is better. It is also more safe. So i think to convert money from debit card to bitcoin exchanger is best. You can easily convert here and you can hold your Bitcoin in Exchanger.

Faisal2202

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

TBH, I know you are spamming here because I already read your post before where a member has already warned you but taking the timestamp into account this post must be the first one because that was the last. So, my suggestion for you is to get familiar with the system of cryptocurrency because without a wallet nobody can receive BTC or send BTC.

I hope you are getting my point here. So before sending BTC or converting your fiat to BTC, you do need a wallet. ANd you can not just send money from a Debit card to Bitcoin (because Bitcoin is not a wallet it is a currency or I should say a coin).

So, my request is to read the following articles for more information if you have not read them before.
https://www.investopedia.com/terms/b/bitcoin.asp
https://www.bitcoin.com/get-started/a-quick-introduction-to-bitcoin/
https://academy.binance.com/en/start-here

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

As far as I know, there is no way to have the money on your debit card converted directly into bitcoins and sent to your bitcoin wallet. You need to exchange your fiat at one of the trusted exchange places like Binance or others. or even you can do P2P directly with people you trust. However, you need to convert your old fiat into bitcoin, and there doesn't seem to be an automatic way from debit card to bitcoin wallet.

Sim_card

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this?

Are you kidding me,it is impossible mate. You need the a bitcoin wallet,because it is from the wallet that you created that you will get your bitcoin address from in which you can use to receive funds. If you are talking about an exchange,then you can use your debit card to buy bitcoin directly from the exchange and it will be sent to your exchange account. You exchange account is not yours but you didn't create it yourself. If you leave your bitcoin after buying it in an exchange then it is no longer yours because it is not you that is in control of your funds but the exchange since they have the keys. This is why you need to create a noncustodial wallet to help you have full control over your bitcoin.

Woodie

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Welcome to the Bitcointalk forum and Welcome to the cryptospace, hope you find this place pleasant for you Cool

Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet?

Without having to create a wallet makes this process impossible, especially that a record for such a transaction needs to be kept as proof of it happening, and besides you still need a wallet to receive the coins after the purchase!!

Unless you meant without having to manually create a wallet...this process is definitely going to involve a third-party like an exchange, of which you will first have to buy some bitcoins with your card ,of which a bitcoin wallet will be automatically created if a CEX is used so that when sending out some coins you can specify just how much the other person should be receiving from what you have!

Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

What is the easiest and quickest way to do this? Huh

Unfortunately the easiest way to buy BTC with a card is that which doesn't require a KYC process like most require, but this is also the expensive option but for convenience opt for peer2peer trading and you should have BTC in your Addy in no time .

arabspaceship123

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Why don't users look at who they're posting to. If it's because of sig campaign it isn't helping the forum. This thread isn't worth spending time in because the OP isn't being truthful. His other thread about having a transaction stuck for 6 days isn't the only user posted like it.

Quote from: stompix on August 13, 2023, 08:40:25 PM

That's the first thing that struck me when looking at his profile, especially since he opened two topics, one about money from a card to Bitcoin and one about an unconfirmed transaction fror 6 days ago.
The "newbie" thing simply doesn't make sense.
Also, it's jambler(dot)org not .io (the original).

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

Without a wallet, you cannot send bitcoin to a bitcoin address. This is very simple to understand as without having a bank account, will you be able to receive money in that bank account ? Obviously, No., So you need to have a bitcoin wallet in order to get the bitcoin.
I hope you are not willing to send the bitcoin to the exchange address and think that in this way you will be saved from hassle of creating the bitcoin wallet and avoid all that seed phrases stuff etc.

First you need to learn a bit more about bitcoin as how it works, what are different types of wallets and how the funds are being send to bitcoin addresses.

Latviand

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The quickest way is probably P2P, if you want to send someone some bitcoin without the need to create a bitcoin wallet although it involves you transferring your money to the sellers bank account and then you will provide that seller the bitcoin address that you want your bitcoin to be sent. There's some people in the Marketplace board that might be able to do that if you're looking for the service.

retreat

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

You can't because Bitcoin wallet can't receive money directly, it can only receive and send Bitcoins. So you need to convert your money into Bitcoin on the exchange and withdraw it to the wallet you want and that's the only way.

davis196

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

You want to buy Bitcoins and keep them or you want to send Bitcoins to another person?
Create Coinbase account, get thru KYC(ID verification) and deposit money via debit/credit card. AFAIK this is the "easiest way" to get BTC, but I'm not a fan of centralized crypto companies. I guess that Coinbase is probably the most convenient way for a newbie to obtain Bitcoins.
You could use exchanges like Bisq or Agoradesk to exchange fiat money to BTC, but you will have to create your own Bitcoin wallet.

Kakmakr

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The moment when you deal with Fiat or any tool that are provided by a Bank, like a debit card.. then you have to convert that Fiat to Bitcoin.. by dealing with a third party. In most cases people make use of an Crypto currency Exchange and when you register at an Exchange.. they link your account with a wallet. (So you get a wallet and you link that wallet with your Bank account)

The other way to do this is to create a Paper wallet and then to withdraw cash or do a transfer from your account to someone else's account to buy bitcoins from them directly. Wink

adaseb

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You cannot send from a debit card which is on the traditional banking system to a Bitcoin address which is on the decentralized blockchain ledger. The two are not connected directly.

You either get an exchange account and send to a Bitcoin wallet with a Bitcoin address you control or just go to an Bitcoin atm and put cash inside it and then send the funds to your BTC address. These are the only 2 possible ways.

DapanasFruit

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In case am getting it right, you mean if there is already a possibility of easily sending money from your debit card to a BTC or crypto address. Now, if that is the case, then it is not yet possible...as of now. I am hoping though that since Visa and Mastercard are also interested - and actually starting to enter the crypto industry - then this feature can be enjoyed by us in the near future. PayPal should also be looking into this option since it is already now adding crypto into its business. That would make things seamless and really convenient. In addition, it would be so good if instead of that long crypto address which can be confusing sometimes and can be a cause of error, we can send crypto via an email address - and on this matter there are now testing this possibility. We need and we must improve on many things in the transfer of money so more and more people will be delighted to be using Bitcoin and altcoins as well.

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

Actually, you can do this by looking for tutorials or accurate information on the internet, because the first thing you have to do is create your own Bitcoin or crypto wallet and verify it.
And there are tons of exchange platforms out there or you can do it with a trusted centralized exchange in your country of residence, and still do your research and study well before you do. And in my opinion
to exchange money from a bank account, credit or debit card to bitcoin the process is easy and fast as long as there are no other obstacles from the two, nothing is difficult and doesn't take long either.

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Quote from: arabspaceship123 on August 13, 2023, 06:42:47 PM

Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

You're a newbie user but aren't a beginner with btc so what's the true reason you've asked? Why's your profile got Website: jambler.org best bitcoin mixer

That's the first thing that struck me when looking at his profile, especially since he opened two topics, one about money from a card to Bitcoin and one about an unconfirmed transaction fror 6 days ago.
The "newbie" thing simply doesn't make sense.
Also, it's jambler(dot)org not .io (the original).

thecodebear

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Quote from: btcchamp88 on August 13, 2023, 03:05:55 PM

hey i am beginner with btc Roll Eyes

Can someone explain how to send money from a debit card to a Bitcoin address without having to create a Bitcoin wallet? What is the easiest and quickest way to do this? Huh

A debit card uses your national currency, so you can't just send money from a debit card to a bitcoin address because bitcoin addresses hold bitcoin, not whatever your national currency is. Debit card and bitcoin address use different currencies.

You can send money from your card or bank to a crypto exchange, then exchange the money for bitcoin, and then send that bitcoin from your account on the exchange to a bitcoin address you've created for yourself. A bitcoin wallet is a piece of software that lets you send transactions. You'd be using the exchange's wallet to send bitcoin to you own address, but you wouldn't need to use a bitcoin wallet yourself until sometime in the future when you want to transfer that bitcoin out of your own address.

Topic: Sending Money From a Debit Card to a Bitcoin Address (Read 274 times)