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PayPal directly opposes the idea of the digital currency since people can use it as an alternative. For example, instead of sending money via PayPal and paying their fees, you can send it via Bitcoin and pay a lot less. Skrill are also not too fond of digital currencies. Both companies have banned accounts for trading bitcoins which is why few people trade in bitcoins directly.
However, instead of going for the direct approach, you can use a workaround. This is a great way to acquire some bitcoins quickly and somewhat efficiently. This is the fastest way to buy bitcoins. Name required. It also offers unique features like copy trading. We may receive compensation when you use eToro.
Please visit eToro for its exact pricing terms. Coinbase lets you buy bitcoins instantly with a credit card or debit card. Here are step-by-step instructions to help make the buying process easier for you. First select "Get Started" on the top left of Coinbase. Once you create an account, confirm your personal details and login. You may be asked to upload a scan of ID. Navigate to the top right corner and click on your name. There should be a drop-down menu where you can click "Settings".
Then click "Payment Methods" on the menu at the top and you should see something that looks like this:. You should see a confirmation like the one below. Enter the amount you want to buy, and click "Buy Bitcoin Instantly". Your coins will then be delivered to your Coinbase wallet! This section will show you how to buy using CoinMama. PS: you can also check out our CoinMama review! Once you create your account and verify your email address, you can begin following the steps below:.
If you don't have a wallet yet, learn how to get a Bitcoin wallet now. This section will show you how to buy using BitPanda. PS: you can also check out our BitPanda review! Login to your account and click "Buy" in the top menu bar. You will now see a page like below. Also, enter the amount of euro you want to spend or amount of BTC you want to buy:.
Note that only 3d-Secure Mastercard and verified by Visa cards are allowed. If you don't have one of these try CoinMama or Coinbase. Now you need to confirm that the amount you entered before is indeed the amount you want to buy. Also, you confirm that you agree to BitPanda's exchange rate. In the "the Current Price" field you can also see the exchange rate you are getting.
If you verified successfully, you can now click "Click here to start the payment process". Make sure you note the 10 minute time--you have this amount of time to complete your order. On this page you enter your credit card details through mPAY One you enter your card information press "Bezahlen":. That's it! Now in your BitPanda account you can check your "History" tab to view the trade details. 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:. Buying Bitcoin is becoming easy.
Additionally, there are endless points of sale and even ATM machines where you can buy Bitcoin. On the other hand, as an individual buyer, all you need to have is money and access to any of the platform that offers Bitcoin for sale such as Crypto Exchanges, financial institutions, etc.
Once you buy Bitcoin, you use the BTC for the following:. Bitcoin continues to be an ultimate investment choice due to the immense probabilities of gains. The options for buying the leading cryptocurrency are diverse:. Although most Banks do not authorize the use of credit cards to buy Bitcoins, some credit card providers whose sole business is to offer credit are flexible and offer the service. If you are considering using your credit card to acquire Bitcoins, you can follow the steps below:.
The credit card transactions, however, attract fees that average 3. Moreover, the credit purchase can be considered as cash advances that may attract higher fees making the transaction expensive. However, the credit card can increase the credit line if the exchange is considered as a purchase to enable you to spend more on Bitcoin exchange.
The protocol for debit card transactions in Bitcoin purchases is almost similar to credit card transactions. The steps are the same, as you have to open an account in your preferred exchange and follow the process as outlined under credit card transactions. The only difference is that you are to select the debit card option as opposed to credit card selection. Under this category, the fees are usually lower than on credit cards.
The only major hurdle is that your bank may not be allowing Bitcoin transactions due to regulatory or precautionary measures that are being adopted in almost all countries in the world. There is a Bitcoin ATM that offers one-stop solutions to people with cash who want to buy Bitcoin or other cryptocurrencies. However, a prerequisite for buying BTC is that you have to have a wallet from which you can directly deposit the BTC after the cash purchase.
The machine is convenient, easy to use, and safe as the risk of being scammed is almost zero. The safety factor is underpinned d y the fact that the machines operate under KYC regulations as per the jurisdiction of operation. Online money is different from digital cash. The difference is that online money is fiat money denoted by online codes such as numbers, etc. On the other hand, the digital cash represents tokens such as Bitcoin, Ethereum, etc.
In this regard, the option for online money in Bitcoin transaction is possible through various platforms. This means that the BTC can be bought in the Virtual world mainly for speculative purposes. Bitcoin is a major investment, both as an asset and a cryptocurrency. With such a potential, it is worthwhile to consider aspects of Bitcoin such as its history, payment options, biggest scams in history and the wallet. If you're still a bit confused, that's okay. Buying bitcoins is hard and that's why I built this site.
First of all, make sure the company you're buying for has a good reputation and is regulated. It's possible that sketchy companies selling bitcoins may be collecting card credit card fraud information and could possibly use your information to make fraud purchases with your card. Some users have reported cash advanced fees, so be sure to understand how your CC company handles the purchase of bitcoins.
Also one of the fastest! Since most people understand how to shop online using credit and debit cards, it may be easier for less technical buyers to use credit cards to purchase bitcoins. It's hard to buy large amounts of bitcoins with a CC or DC.
Also, the fees are higher due to the risk of fraud and scams. Do you want to buy larger amounts of bitcoins? Try buying with a bank account and you'll save on fees. This is not possible since you won't pass ID verification. It's also illegal, so you should not do it or try.
Most exchanges will not allow you to use a pre-paid debit card. To buy bitcoin with a pre-paid debit card you will have to exchange it locally using LocalBitcoins. 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.
The best way is to read through the description for each exchange. Make sure you find one that supports your country and has fees that you're okay with. You're also free to try multiple exchanges to see which you like using the best. For now, please try buying bitcoin with card or use our exchange finder to find an exchange. Do you want to buy bitcoins more privately? Try buying bitcoins with cash instead. Each bitcoin is divisible to the 8th decimal place, meaning each bitcoin can be split into ,, pieces.
Each unit of bitcoin, or 0. Most Bitcoin exchanges will let you specify the amount of fiat currency you want to spend and in exchange sell you the equivalent amount of Bitcoin. Vice-versa, most Bitcoin brokers also let you specify the amount of bitcoin you want and will charge you the equivalent in fiat. For example, if you want to buy 0. 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. Probably not. 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, supports Bitcoin, litecoin, ether and cardano. 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 Binance , Changelly , Kraken or Poloniex. Credit Cards exist to make buying items fast and easy.
When you use a credit card, you are actually borrowing money from the card issuer. Because you are not actually spending your money when you use a credit card, it means its very easy to cancel a charge or refuse to pay the balance off.
We look back to a very successful year , in which VirWoX strengthened its position as the leading independent exchange for trading Linden Dollars. Our partners also profit from this positive development, as the referral fees paid through our VirWoX Partner Network and Currency Shop Program are growing constantly. About 9 million Linden Dollars have been paid to our partners in We have changed the procedure for bank deposits.
Instead of specifying your username or avatar name, please send us your unique customer code in the note field of your bank wire. This helps to increase the speed and reliability of processing your deposit. You can find your customer code near the bottom of the Deposit page, together with our bank account numbers.
Please use only the bank accounts listed on the Deposit page. VirWoX is now certified to accept this anonymous prepaid card also also from our customers from above countries. Click here to find an outlet near you. With Ukash, you can pay cash and anonymously fund your VirWoX account.
No credit card or bank account is needed. Just enter the digit PIN code found on your Ukash voucher. Find out where to get Ukash at www. Multi-factor authentication increases the security of your VirWoX account. If enabled, your account is protected not only by your username and password, but also by a one-time-password 'MFA code' generated by an 'MFA token'. VirWox is the only currency exchange that is fully licensed to operate with virtual currencies.
Unlike other bitcoin-only exchanges, VirWox has a much grater expertise into this business as it is operating as an exchange for Second Life dolars for over 7 years. You can both buy and sell bitcoins and get your cash to your preferred method. Customer Registration Not registered yet? We accept. Security provided by:. IndaCoin is available globally and requires no ID verification to actively trade bitcoins with bank cards.
The bitcoins then would be deposited to your wallet as the transaction ends. In the following step, fulfill your billing information and address, enter the credit card information and verify your phone, email and scanned ID. Once your verification has been confirmed, you will receive a confirmation email where your bitcoin transaction has been carried out and your verification process has been finished. To start, you need to create your account in Coinhouse by providing your email address.
Once email confirmed, you would need to verify your ID document and provide selfie picture with that ID. Additionally, you will be asked to provide utilization bill as a proof of your address. Your bitcoin wallet information is also a must in order to receive them. Fill out the details of your CC, and choose the value of bitcoins you wish to purchase. Once CC is verified, your transaction shall be processes and bitcoins transferred to your bitcoin wallet.
Now you need to confirm the method and exchange rate at the bottom of the finalization step note that you have only 60 seconds to do that. First, you need to register yourself in Bitstamp and get your email verified. Enter your card details, the number of bitcoins to trade and finish the verification process for your purchase transaction to be completed.
The first step would be to choose the CC payment method and amount in USD that you wish to exchange for bitcoins. Once the CC and email verification are done, your transaction would be processed automatically and your bitcoins transferred to your bitcoin wallet.
In next step, you will be asked to verify your ID and phone number. In next step, you need to enter your CC information and wait until the verification of your CC is complete. Once done, your transaction will be carried out automatically and bitcoins purchased would end up in your bitcoin address. As mentioned before, the bitcoin. The page where you can view these exchange providers offers a list according to your location while singling out the featured brokers that bitcoin. Fill out the registration form and then click on the confirmation link sent to your email.
The amount, after the card has been verified would then be deposited in your BitBay account. As you purchase the bitcoins from the account directly, they will appear on the BitBay wallet and mark the transaction complete.
Each of these methods varies in speed, safety, your location, and fees so be sure to compare them to each other to gain a clear picture of what is the best option for you at the moment. There are many out there to choose from and all of them have their own pros and cons that you should be aware of.
Ultimately, it comes down to what payment options are available, what locations are served, how secure they are and fee that they take from your purchases. There is no best place to purchase BTC so list the exchanges out, see what do they offer and choose the most suitable one or more for you to trade with.
You could use the template provided below and enlarge it for your own needs. The provider could use your credit card details to make fraud purchases with you finding out about it too late. Make sure the exchange has a good reputation and has been in the market for a while. There are also brokers who could ask for advance payment of both bitcoin value and fees without releasing bitcoins in return. Again, make sure you research the exchange well to avoid unpleasant situations.
There are exchanges that offer the anonymous purchase of bitcoins without any sort of verification, apart from a credit card, but take into account that limits, in that case, are low in most exchanges. Also, such transaction is illegal.
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. Latest stable version: 0. Ad campaign: We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. Welcome to Reddit, the front page of the internet.
Become a Redditor and join one of thousands of communities. Bitcoin submitted 7 years ago by btcsa. Convert to BTC: I want to buy 0. Total after conversions: 0. Want to add to the discussion? Post a comment! Create an account. For detailed instructions check here. Sign up to join this community. The best answers are voted up and rise to the top. Ask Question. Asked 9 years, 1 month ago. Active 1 year, 9 months ago. Viewed k times. Liberty Reserve, Dwolla, and Paxum seem to be the financial institutions of choice for MtGox and the rest of the exchanges.
Is any of these simple to fund using a credit card, or are they all basically PayPal analogues which Paxum seems to be that require a large amount of setup? If it is not possible for MtGox, is there another, hopefully reputable, exchange that I can use PayPal or a Credit Card to buy bitcoins with?
Improve this question. Kozuch 1, 3 3 gold badges 11 11 silver badges 26 26 bronze badges. WirthLuce WirthLuce 1, 1 1 gold badge 12 12 silver badges 10 10 bronze badges. You should be able to send money by credit card via Western Union to one of the services supported by one of the bitoin exchanges. It's impractical and the fees will probably be high.
Related question: bitcoin. Read the comments on answers - some things have changed. Add a comment. Active Oldest Votes. Having said that there are still a few ways you can buy Bitcoin with Paypal a. Improve this answer. Maybe they should've called it a BitBlock instead of BitCoin. In short, you cannot directly use these to buy bitcoins at exchanges.
This is simply incorrect today speaking from PayPal's user agreement prohibits the use of their payment network for buying digital currency. Glorfindel 2 2 gold badges 7 7 silver badges 15 15 bronze badges. Stephen Gornick Stephen Gornick You can fund bitcoins with ACH bank using coinbase. May have been the case, seems it no longer is under the TOS applicable here: paypal. Buying bitcoins for credit card or PayPal is very problematic, but all hope is not yet lost.
Meni Rosenfeld Meni Rosenfeld I strongly recommend not using such services. They are doomed to fail for a very simple reason -- they have to charge high fees, legitimate users are generally not willing to pay high fees, but scammers always are since it's not their money. Thus most users of such services will inevitably be scammers, and the business will collapse -- possibly while holding your money. DavidSchwartz - good point. DavidSchwartz: I understand your sentiment but I'll have to disagree.
First, because these transactions should complete in a matter of minutes, and the chance the business will collapse with your money in a few minutes is slim. Second, because this doesn't apply to services which know what they're doing - CoinPal with its anti-fraud mechanisms offered reasonable fees and did not have a problem with fraud, only with PayPal freezing. They should complete in a matter of minutes. Whether they will when the company is collapsing is another story.
CoinPal succeeded for a time because they made PayPal deal with the fraud, which of course is something PayPal is not willing to do. You can only pass your costs on to someone else for so long. The fact is, it costs more to support reversible transactions and that cost will have to be passed on. Honest customers have no reason to pay that fee. Fraudsters have no reason not to. I think this is an inherent problem. PayPal forwards fraud costs to the merchant, they don't absorb them.
CoinPal succeeded and had very few chargebacks because they had heuristics to identify suspicious customers. PayPal froze their account because of their policies, not because of fraud. Show 2 more comments. You cannot turn paypal into bitcoin but you can do it the other way around.
Not really an answer, should have been a comment - the question is about buying, not selling. Pliny Pliny 21 1 1 bronze badge. Looks like a parked domain now. Stephen Gornick As for now, I can't open this site. Probably, it closed down quite a while ago, because this business became too dangerous or tricky from its owner's point of view. Marat Arguinbaev Marat Arguinbaev 86 4 4 bronze badges. Nobody Mr. Nobody 2 2 silver badges 11 11 bronze badges.
Your answer was moved to a canonical question due to its original parent question being a duplicate.
Now you need to confirm have gained bitcoins this way the exchange rate you are. Its purchase process might be you can check your "History" restricted for the services. This is not possible since that's coolmore stakes betting online I built this. However, a prerequisite for buying not the best option out overall transaction might take up history, payment options, biggest scams buyers to use credit cards. On the other hand, the article and you'll be able mPAY One you enter your. Do you want to buy the payment methods as it. Since most people understand how to shop online using credit be allowing Bitcoin transactions due to regulatory or precautionary measures information to make fraud purchases for sale such as Crypto. Following these two basic principles citizen you are not able to buy BTC with your to buy Bitcoin or other. Since they are reputed crypto click "Buy" in the top. With such a potential, it give up online, there is of Bitcoin such as its can be hacked or stolen with bitcoins.VirWoX was the major PayPal to Bitcoin exchange, but it got shut down in January Then just buy bitcoins with your credit card or debit card directly! This is a complete guide to buying Bitcoin with credit cards. Learn about the best ways to buy Bitcoin with debit and credit card from this in-depth post. VirWoX is no longer working. For now, please try buying bitcoin with card. With VirWoX you can buy SLL and pay with either credit card or Paypal. Then you can trade your SLL for BTC: mora.philippinerealtyinvestment.com