п»ї How to buy bitcoin with debit card reddit

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You can be buying bitcoins within minutes with a credit card. The sign up process is pretty standard and at the end you will be asked to verify your identity. I almost tried Changelly. Should I leave my bitcoins on the exchange after I buy? All FAQs listed below have been pulled directly from the bitcoincash.

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Buying bitcoins is hard and that's why I built this site. Simply select the coin, the payment method, the amount you want to buy and click on Buy Bitcoin Instantly. You can either enter your desired amount or just choose from the available packages on the homepage. Try buying with a bank account and you'll save on fees. Your coins will then be delivered to your Coinbase wallet!

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We'll show you exactly how. Bitcoin, enter the amount of reddit you want to spend or amount of BTC you want to buy: This post helped me to realize I can convert cash into paypal by using a paypal preload card, then using my paypal debit card debit convert paypal money to card, no need to deposit cash buy bank of america how to with bitcion ChangeTip lets you buy small amounts instantly with a debit or credit card. One you enter your card information press "Bezahlen":.

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How to buy bitcoin with debit card reddit

27 Exchanges that accept Debit Card for Buying Bitcoins ( updated)

It depends how much you trust the exchanges. Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to. One thing that Bitcoin exchanges have going for them is that because they are constantly under attack, they have some of the best security and protections in place to protect against the hacking of your personal info.

There is always risk with anything related to information online. Even Yahoo was hacked and information on million accounts was stolen. Do you want to buy bitcoins more privately? Try buying bitcoins with cash instead. We really recommend storing any bitcoins you want to keep safe in a wallet you own. Many Bitcoin exchanges have been hacked and lost customer funds. If you don't want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Out of the exchanges we listed, CEX. Payment processors like Visa, Mastercard and American Express charge at least 2. So any exchange selling bitcoins for CC payments is always going to pass this fee off to you, plus charge a bit more to make a profit. The fees could get lower if some exchange cuts a deal with a credit card processing company to get lower fees.

Depends on the exchange. Coinbase, for example, allows you to buy litecoins and Ethereum with credit card. Coinmama, on the other hand, only supports Bitcoin. If you want to buy lesser-known cryptos you can always buy bitcoins using the methods above and trade them for altcoins on another exchange like Changelly , Kraken or Poloniex.

This is because most other cryptocurrencies are traded against Bitcoin. The liquidity for altcoins against the US dollar is often very poor. But on the other hand, the liquidity against BTC is usually very good.

So it's easy to get other currencies once you have bitcoins, but not easy to get other currencies without having BTC first. These cover nearly every country in the world. Please note that fees are approximate and may vary based on your country or purchase size. I've been buying bitcoins for more than three years. I've never lost any money to scams or thefts. Follow the guidelines in this article and you'll be able to do the same.

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins. Following these two basic principles should help you avoid theft, scams, and any other loss of funds:. We can both agree on this: Buying bitcoins with a credit card or debit card is confusing. Today we'll show you how easy and fast it can be. We've collected the best exchanges and listed them for you below. Chapter 1 Introduction to Buying. We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply trying to steal your credit card information! Buy Bitcoin in Less than 5 Minutes. We'll wait for you here ;. Enter your Bitcoin Wallet Address This is the address where the bitcoins you're buying will be delivered to once your payment is confirmed. Enter your Billing Information and Address 6.

Enter your Credit or Debit Card Information 7. Once you've confirmed these forms of contact, you should see this: Upload ID Verification Most people will not need to upload a selfie. Wait for Verification CoinMama needs to verify that your credit card payment went through successfully. Confirmation Email If your credit card payment went through, you should receive an email that looks like this: Open an Account on BitPanda Once you create your account and verify your email address, you can begin following the steps below: Login to Your Account Login to your account and click "Buy" in the top menu bar.

Also, enter the amount of euro you want to spend or amount of BTC you want to buy: Note, you only have 60 seconds to lock in your exchange rate and confirm! Now you will have to verify via SMS or a phone call: One you enter your card information press "Bezahlen": You should now withdraw the bitcoins you bought to your wallet.

Chapter 4 Frequently Asked Questions. The FAQ section below should answer all of your remaining questions. Pro Tip Do you want to buy larger amounts of bitcoins? Can I buy bitcoin with stolen credit card? Can I buy bitcoin with credit card anonymously? This is illegal and you won't pass ID verification. Can I buy bitcoin with a pre-paid debit card? If the limits aren't high enough for me, can I buy bitcoins on multiple exchanges? Why was purchasing bitcoins with a credit card once difficult?

Is it risky giving up my ID in order to buy? Should I leave my bitcoins on the exchange after I buy? Can you sell bitcoins? Will the fees for buying bitcoins with debit card or credit card ever get lower? Can I buy other cryptocurrency using this method? Why do I have to buy bitcoins with credit card in order to buy other cryptocurrencies?

Chapter 5 Exchange Comparison. Chapter 6 Theft, Scams, and Storage. Bitcoin comments other discussions 1. Log in or sign up in seconds. Submit link NOT about price. Submit text NOT about price. Bitcoin subscribe unsubscribe , readers 16, users here now Bitcoin is the currency of the Internet: You can also explore the Bitcoin Wiki: Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.

News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news.

Submissions that are mostly about some other cryptocurrency belong elsewhere. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.

No referral links in submissions. No compilations of free Bitcoin sites. Trades should usually not be advertised here. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong here.

New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system. Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. Related communities Sorted roughly by decreasing popularity.

Welcome to Reddit, the front page of the internet. Become a Redditor and subscribe to one of thousands of communities. This is an archived post. You won't be able to vote or comment. Bitcoin submitted 1 year ago by upupmma. In New York, other than using circle?

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