Buy Bitcoin with Debit Card
Exchanges That Accept Debit Card
- Coinmama – The easiest way to buy bitcoin with debit card.
How to prepare yourself to buy Bitcoin with debit card?
The value of Bitcoin has surpassed the value of gold. As a result, people in every corner of the world are concerned about Bitcoin investments. If you want to start investing in Bitcoins, you must figure out a way to get hold of Bitcoins to your hand. Many different methods are available for you to purchase Bitcoins. Making the decision to buy Bitcoin with debit card holds a prominent place out of them.
The ability to make anonymous payments has contributed a lot towards the popularity of Bitcoins. Therefore, people who are planning to buy Bitcoins are concerned about their privacy as well. If you buy Bitcoins with debit card, you will get the opportunity to do it with enhanced privacy. Therefore, you need to have a clear understanding on how to buy Bitcoin instantly with debit card.
Before you proceed, it is important to keep in mind that you will have to create a Bitcoin wallet in order to start receiving the funds. If you don’t have a one, you are strongly encouraged to create a one. You can find plenty of guides on the internet, which would let you know how to create a Bitcoin wallet.
See whether there is a Bitcoin ATM around you
If there is a Bitcoin ATM around you, you can easily go ahead and purchase the amount of Bitcoins that you want. You don’t need to have any specialized knowledge in order to buy Bitcoin with debit card instantly via an ATM. The functionality of these ATM machines is pretty much similar to traditional ATMs. However, you will not be able to receive cash in your local currency from the ATMs. Instead, you will be provided with Bitcoins. You will be making the payment for your Bitcoins via the debit card. This is a no verification system available for you to get hold of Bitcoins. Since you can find a large number of Bitcoin ATM machines around USA, this would not be a major concern.
What else should you keep in mind before you buy Bitcoins?
You will need to keep few important facts in your mind before you purchase Bitcoins from your debit card. It would provide you with the opportunity to stay away from frustration. All the Bitcoin ATMs that you can find in USA and other parts of the world are private. However, there are some drawbacks associated with purchasing Bitcoins over the ATM. For example, the Bitcoin ATMs would usually add a markup of about 5% to 10% when selling the coins. Therefore, it would be a good idea to take a look at the price offered by the Bitcoin ATM and the price that is linked with a Bitcoin price index. Then you will be able to realize whether it is worth to spend your money in order to get hold of Bitcoins or not.
Purchase Bitcoins instantly from a merchant
You will be able to find a large number of merchants, who offer Bitcoins out there on the internet. Therefore, you can think about making the decision to select a merchant out of them. However, it is important to keep few things in your mind before you go to a merchant and purchase Bitcoins as well. Here is a list of basic steps, which you need to follow in order to get hold of Bitcoins from a merchant.
First of all, you will have to create an account in the merchant website. This account can be used to get hold of the Bitcoins that you want. Once you create the account, you will have to enter some of your personal information such as the email address as well and verify them.
When you create the account successfully, you can go ahead and buy Bitcoin with debit card. In here, you will be able to see an option, which prompts the users to buy Bitcoins. You will have to go to that option and determine how much Bitcoins that you need to purchase. It would be possible for you to enter the specific amount of Bitcoins that you are interested in purchasing.
When you select the amount of Bitcoins that you need to purchase, you can go ahead and buy Bitcoin with debit card instantly. In order to do that, you will have to select your debit card as the payment option. The payment would be deducted instantly from your debit card and you will be provided with the Bitcoins. However, you will have to enter the specific Bitcoin wallet ID of you as well. This is the address, where the Bitcoins you purchase with your debit card would be delivered to. When the transaction is successfully completed, you will be provided with a confirmation email. This confirmation email would assist you to validate the transaction.
Keep an eye on the scams
When you are purchasing Bitcoins, it is important to keep an eye on the scams as well. it is true that you will be able to find a plenty of service providers, who provide the ability to buy Bitcoin with debit card instantly. However, there are few scam artists, who would not offer the promised service. If you are selecting a merchant to go ahead and purchase Bitcoins, you must pay special attention towards the reputation. Then you will be able to see whether you are dealing with a trusted merchant or not.
These tips would assist you to buy Bitcoin with debit card without going through any frustration. The process is simple as that and you will be able to get hold of any amount of Bitcoins. Throughout the process of purchasing Bitcoins, you will need to use common sense in order to keep yourself away from frustration.
Investing in Bitcoin would be one of the best opportunities available for you and you will find it as an easy task to take a look at this investment opportunity by purchasing Bitcoins through your debit card.