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Buying Bitcoin's with credit and debit cards is one of the most popular ways to purchase Bitcoin. On most exchanges, if a credit or debit card is used, you will have instant delivery of your Bitcoins. Our guides make it easy!
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Index • Buy Bitcoin With A Credit Card • Get A Bitcoin Wallet • Start Looking For an Exchange • Check the Fees • Bonuses • Buying Limits • Withdrawal Options
Buy Bitcoin With A Credit Card • It’s no longer so difficult to buy bitcoin with a credit card. It is one of the easier ways to invest in bitcoin. • Since good credit cards help to earn rewards and manage the spending and debt, many credit card holders want to use the cards for everything. • Here’s how you can go about it.
Get A Bitcoin Wallet • Using bitcoin wallets is the best way to secure the bitcoins. • A bitcoin wallet keeps your bitcoins safe, as well as provides the simplest way to make use of bitcoins.
Make sure you have one before you buy bitcoins, as you won’t want the online currency to be at risk for any amount of time. • Bitcoin wallet hardware is considered more secure, but there are some excellent software options available.
Start Looking For an Exchange • There is a large amount of bitcoin exchange companies out there. • The number is only growing with Bitcoin's popularity. • But what factors you need to take into the account to choose which one is best for you?
Check the Fees • Every bitcoin exchange charge a commission on all the credit card transactions. • This is usually about 3.75% or more. • This is a contrast to debit card purchases, which are free of charge.
Bonuses • Some website offer bonuses on money spent. • Coinbase, for example, gives you an additional $10 when you buy more than $100 Worth of bitcoin. • This won’t be your main consideration, but it does leave you with a feeling of goodwill towards the company.
Buying Limits • All exchange have buying limits on a daily basic or monthly basis. • If you plan on investing a large amount of money in bitcoin, you will need to choose a service with the high buying limits. • Some service providers have monthly limits as low as $600 a month, while others allow you to buy $5000 worth of bitcoin per day.
Withdrawal Options • Some have no intention of withdrawing the bitcoin value anytime soon. • They want to watch their money grow, ideally investing more and more over the days and months. • But withdrawal options always be a concern.
It’s important to know you can get money out fast. • Certain service providers make it easier than others, with options of which currency you would like your value paid out in and better transaction speeds.
