Best Place to Buy Bitcoin with Credit Card- It can be extremely difficult to find a platform where you can purchase Bitcoins with credit cards. Also, some platforms charge high fees for the purchase and exchange of Bitcoin with credit cards.
However, this article will give you some of the best places to buy Bitcoins with credit cards. Read further to get more information.
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Best Place to Buy Bitcoin with Credit Card
Although you can purchase cryptocurrency from some platforms with Visa or MasterCard, finding the best places will save you a lot of resources. On these platforms, it is easy, quick, and safe to purchase Bitcoins with credit cards. Also, they do not charge exorbitant fees for the exchange of cryptocurrencies.
Below are some of the best places to buy crypto with a credit card in the USA:
Pionex
On Pionex, you can purchase cryptocurrencies directly with credit cards. There are lots of free auto trading bots on this platform. Hence, you do not need to extra fee for trading bots. Although you can purchase Bitcoins from this exchange with credit cards, you cannot withdraw the funds to just any method.
You are only allowed to make crypto withdrawals to external wallets. Furthermore, you can invest and make transactions in cryptocurrencies at Pionex with low fees.
Binance
Binance is one of the best platforms to purchase cryptocurrencies with credit cards. The platform can be assessed from any device including Android and iOS. On Binance, there are numerous cryptocurrencies Which gives you a wide range of options to select from when you want to invest in cryptocurrencies.
When you purchase cryptocurrencies, the deposits are transferred directly to your wallet. Thereafter, you can start trading and managing your digital crypto assets with ease.
READ ALSO: What is a Cryptocurrency Wallet – Is Cryptocurrency Wallet an App?
Coinmama
This platform allows you to purchase Bitcoin, Ethereum, and other digital crypto assets with your credit cards. Amazingly, on this platform, you can start investing in cryptocurrencies with as little as $50.
On coinmama, you can create an account within a few minutes and get verified within a short time. However, for a Bitcoin exchange, you’ll pay 5% above the crypto spot price.
Bitstamp
Bitstamp also supports different methods to purchase Bitcoin and other cryptocurrencies. This also includes credit cards. As a trader, you get to withdraw and deposit funds easily from anywhere in the world. Customers in the USA can use ACH for instant deposits. In addition to this, you can also use the app with advanced tools to trade.
Crypto.com
At Crypto.com, you do not only have the opportunity to purchase cryptocurrencies with credit cards, but you can also spend the crypto in your wallet at ATM and Visa merchant stores. This platform is supported on Android, IOS, and web applications.
On the market, there is a wide range of cryptocurrencies that you can buy and sell with your credit cards. Furthermore, you have access to track and manage your transactions from your account.
READ ALSO: Another Major Crypto Wallet and Exchange Has Been Hacked
Coinsmart
Coinsmart is also a platform where you can purchase cryptocurrencies and make exchanges with credit cards. It is an easy-to-use platform for both beginners and experts. Once you create an account on Coinsmart, you’ll get verified within a few minutes.
In addition to this, you can access your funds on the same day you make a deposit. Furthermore, on this platform, you can track your deposits and withdrawals from your account.
Bybit
Bybit is a platform that you can use to purchase cryptocurrencies like Bitcoin and Ethereum. This platform also supports various methods of payment including Visa and Mastercard.
On Bybit, you are offered flexible marketing strategies and innovative products. In addition to this, traders have access to competitive market depth and liquidity. Furthermore, when you invest in cryptocurrencies on Bybit, your assets can be stored offline to ensure that they are safe from intrusion.
Bitpanda
This trading platform supports the exchange of cryptocurrencies with credit cards. However, it is more beneficial for European residents. Similar to some other platforms stated above, Bitpanda has a wide range of cryptocurrencies on its market. The premiums for trading cryptocurrencies are about 1.49%.
READ ALSO: Former Manager of Coinbase Arrested on Crypto Insider-trading Charges
FAQs
Can You Use Your Credit Cards to Buy Bitcoin?
Yes, you can. Some crypto exchange platforms now allow you to purchase Bitcoin and other digital crypto assets with your Visa and Mastercard. However, your ability to purchase credit cards depends on your credit card issuer. It might also take a longer time than other methods of payment.
Is it Safe to Buy Bitcoin with Credit Cards?
Most crypto platforms that allow you to purchase credit card purchases use SSL encryption techniques. Hence, it is safe for you to purchase Bitcoin with credit cards. However, you need to carry out detailed research on the platform before making a purchase. This will help you know if the platform is secure and not prone to hacking.
Which Credit Card is Best for Buying Cryptocurrency?
Although you can make use of many credit cards to purchase cryptocurrency, some of the best credit cards to buy cryptocurrency are:
- Bitpay Mastercard
- CRO Visa
- Coinbase Visa
- BlockFi Visa card
- Nexo Mastercard
- Swipe Visa
READ ALSO: Telsa Reportedly Sells 75% of Its Bitcoin Reserves
How Can You Buy Bitcoin with Credit Cards?
It generally requires the same process regardless of the platform you decide to purchase cryptocurrencies from. They are stated below:
- Firstly, you need to sign up for an account
- Then, you can link you’re your credit card from your profile after signing up.
- Thereafter, you can deposit funds directly from the credit card to buy Bitcoin.
How Long Does Credit Card Bitcoin Transaction Take to Complete?
Generally, it takes a few business working days after you purchase Bitcoin with a credit card for the transaction to be concluded. This is because a thorough investigation is carried out on credit cards first before the purchase can be closed. However, this may vary in some cases.
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