Buying cryptocurrency with a card: the best ways
Almost every person is related to the bank, and he is its client, so he has a debit card in his hands. Today’s world is generally unimaginable without plastic cards. Paper money has long begun to fade into the background. We need cards to pay for necessary things, purchase various goods, maintain ourselves and save money. As one of the useful and smart options, you can invest in buying bitcoins, change money for cryptocurrency and save it in order to subsequently increase your own passive income. But since the price of bitcoin is growing very quickly, the crypt is becoming much stronger, and we have a logical question arises: how to buy btc with credit card safe and profitable?
The ChangeHero.io website has detailed information about how important cryptocurrency is in our time, because it is not just a name but a whole system of values. There are some important points about how you can buy cryptocurrency in the best ways – and they really work 100%. The most important thing is that all this can be done while sitting at home. All you need to do is enter your card details. Isn’t it comfortable and perfect for every person? These methods are suitable for both beginners in the crypto world and professional investors.
1st Option: Cryptocurrency exchanges
Support for bank cards is implemented on almost every major trading platform. It’s true, in order to buy a crypt, you need to go through a personal verification procedure since this is an essential requirement for every person. Moreover, this procedure is applied to any person absolutely in any country. To pass verification, you need to provide valid passport data, take a selfie with your own passport and send it to the exchange. During the day, the exchange employees consider your appeal and then respond with a positive or negative response.
As a rule, if you did everything correctly, follow the instructions, then there will be no failure. Consideration of the application for verification can be from 24 hours to 48 hours, so you need to be patient. Once you have received a checkmark and passed verification, then you will have a free path to buying cryptocurrency through a credit card. Keep in mind that during the purchase, you will have a commission of 2.99% to 3.5% – so don’t be surprised.
2nd Option: Special Exchangers
Exchange services also support bank cards. It is impossible to get confused here since everything is the same: the exchange, the application process, and even the support service if something went wrong. If you need to get confused and pass verification on a crypto exchange, then everything is much simpler on an exchanger. You can simply take a crypt in two simple clicks by entering your bank card number. You don’t even need to pass any verification. If you find an exchanger that requires verification, then you can be sure that you are in the best place. For example, there is such an exchanger, which is called Matbea. This place gives all its users wallets that hold cryptocurrency. It is safe here, as there is already a three-factor authentication: SMS code, pin code, and code to the e-mail. You also have the right to build your own security system, whichever is closest to you. Here are just some of the cryptos that can be stored on the provided wallet:
Credit cards such as VISA and MasterCard are supported here. The question of how to buy crypto with credit card seems to be getting exhaustive. It is the exchanges that are considered the most optimal and best option to contact here and buy the desired currency. Here you can always get acquainted with the current course, with what is worth taking and what is worth waiting for. You should always pay attention to what tips the exchange says, because it is like a guide for a young investor.
3rd Option: P2P platform
These platforms were created to enable clients to buy and sell assets on their own terms. Some of them can set their own personal exchange rate and peculiar parameters, while others can build a filter for themselves and look for suitable transactions they like. It is here that the safety of users is guaranteed since, during the transaction and its process, all assets are automatically blocked on account of the service. So, you can also purchase cryptocurrency here by specifying your credit card details.
The P2P platform ranks second in the list of the most responsible places where you can pay with a card without any gaps so that you have a crypt. Don’t worry about the question of how to buy crypto with credit card!
4th Option: E-wallets
In general, electronic wallets are created in order to be able to safely store cryptocurrency on them. Initially, wallets were not created to buy cryptocurrencies. But as times change, people’s views change too, many wallets have been produced that are made specifically for buying cryptocurrency. And all this can be purchased by indicating your bank card. There are commission fees here: some of them are almost imperceptible, and some are very tangible. So, before starting your own wallet, it is better to read what percentage you will give away when buying crypto with a credit card.
Should You Buy Cryptocurrency Now?
If a person does not know at all what cryptocurrency is, it is definitely not worth investing in it. Firstly, you need to deal with virtual money, read as much information about them as possible, and only then invest. Moreover, there is such a risk that the value of the cryptocurrency can increase significantly or fall very strongly. This is called “volatility”. Inexperienced people who have not yet figured out how to buy crypto with credit card can run into scammers. They are very fond of offering to buy coins or replenish an account on the exchange – and ignorant people transfer and believe that they are doing everything right. Secondly, an account on the exchange may be blocked due to sanctions. This is information for the future because the world is shaky and unstable. And while there is time, it is better to study the virtual crypto world as much and densely as possible in order to subsequently be as warned and intelligent as possible.
The purchase of crypto will be justified if the investor plans to transfer digital assets into foreign currency while in another country or having gone there. The same method is suitable for those who want to transfer their savings to another jurisdiction – the available tools so far allow this. All this, by the way, is very smart thoughts and extremely practical advice. If you buy crypto and sit back, not following the financial crypto news, then you will only do everything in vain. Remember that it is important to consider the mobility of a cryptocurrency when you buy it. You must win it and do everything possible to make it work for you. As for credit cards, today, buying crypto has become much easier with their advent. Let’s just say that bank cards have made our lives easier by giving us a little more free time.