Bitcoins can be bought from Visa, MasterCard, or other types
of cards with ease. Cards are the most used method of payment.
Buying Bitcoin by using the card can be expensive due to high
charges.
Due to the surge in the popularity of Cryptocurrency now a
days Bitcoins can be bought with ease in varied ways.
The charges vary with the exchange platform. It is essential to
precisely calculate the amount of charge for the individual platform.
Anyone practicing buying Bitcoin from the Credit card needs
to start buying in a small amount.
Some
of the Best Practice
There are gluts of currency exchange platform that offers the
Bitcoin buying services. It is vital to deposit money or to link the credit
card to the concerned platform. Depositing money is preferred instead of linking the
bank account.
CoinMama
CoinMama is one of the best platforms to buy Bitcoin by using a Credit Card. It was started in the year 2013.
It is limited to the United States. The benefit of using this platform is that it does not limit users to Bitcoin purchasing numbers.
This does not offer wallet due to this wallet needs to be
signup before purchase.
First, the Bitcoin needed to buy is choose, it directed the
signup page, Photo verification is required. After verification, it is essential
to enter the Bitcoin address and payment details that are card information.
Coinbase
This is one of the popular cryptocurrency platforms to buy a digital coin. Creating the Coinbase account requires mail id, phone number, and password.
In the payment method card information needs to be added.
Coinbase has its own hot wallet, which can be used to store a small amount of
Bitcoin.
Binance
Binance is one of the reputable platforms to buy the Bitcoin
by using a Credit Card. In reality, it is the most popular crypto exchange
platform.
It offers worldwide service.
CoinCorner
CoinCorner is a great platform to buy cryptocurrency
especially by the one interested in a mobile transaction. It has a mobile app
to support payment. It was established in the year 2014.
eToro
eToro is considered as the ideal platform to buy the crypto.
This is due to the low price of the Etoro platform.
Bitpanda
Bitpanda was established in 2014. This offers services to
the European Union Citizens. Its low fees are appealing to various users.
Coinhouse
Coinhouse is one of the reputable companies to buy Bitcoin. It
offers services to various European Union Citizens.
IndaCoin
Indacoin is the United Kingdom-based platform available worldwide.
It is criticized for having high fees.
The official website claims that it does not charge any fees but
fees are high due to the credit card processing charge.
Opening account is a simple process and phone number along with
the Five digital code in the credit card statement needs to be verified.
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