How to buy Bitcoins with Credit Card?
Digital currencies have been growing in popularity in an exponential manner all over the world, due to the multiple benefits that they offer. Bitcoins are greatly appreciated and they provide the users with a sense of freedom and anonymity that they would not experience otherwise. As an innovative payment method, they allow you to proceed with all the necessary financial transactions you wish to complete, without revealing your identity or giving out sensitive data about yourself. As the restrictions on online gambling are on the rise worldwide, more and more people look at Bitcoin Poker, Bitcoin Sportsbooks or Bitcoin Casinos to enjoy their gambling needs. As bitcoin is not seen as a currency by many countries, more like play-money like in monopoly, gambling with bitcoin is still legal in most countries. But of course, you need to change your USD, EUR or CNY to Bitcoin first.
In order for you to get your hands on such cryptocurrency, you have to choose a method of payment. Below, you will see how you can use your credit card to fund Bitcoin and grab hold of the digital currency in no time. This is really easy and simple to acquire, use and profit from. No long waits, no overwhelming transfer fees and no safety loopholes for you. Bitcoin has got you covered!
Why Use Credit Card to buy Bitcoin?
It is necessary to buy Bitcoins prior to using them yourself. The safest and easiest way to do that is by using a credit card. In fact, this is the only requirement that you ought to remember. After signing up to an exchange market for Bitcoins, you log in and you enter the information of your credit card. From then on, you can use your account for buying Bitcoins and thus obtaining the precious digital currency that you seek.
Now, it is truly important to see what you need to pay attention to, towards choosing an exchange market for Bitcoins. Are all the same or are there some you had better choose over others? Which are the features you should be looking out for?
Features of Bitcoin Exchanges
An exchange market has to offer users everything that they need, so as to optimize their experience and make the transactions as fruitful and practical as possible.
Below are the major features that you should check out for:
- Beware of the commission: It goes without even questioning that the exchange market makes profit out of your purchase or sale of Bitcoins. However, not all of the markets offer the same fees. As a consequence, you need to make sure that you choose an affordable exchange market for buying Bitcoins using a credit card.
- Exchange Rates: It is prudent that you also take into account the exchange rates of each market. Besides the fees that you pay in the form of commission, you can see whether or not the exchange rates are inexpensive enough for you to handle. Luckily, competition has led to the price rates going down and this is always good for buyers!
- Fast services: When you need Bitcoins, you probably need them now. So, it makes total sense why you should be searching for an exchange market that can handle your requests and enable you to buy Bitcoins in a jiffy. One of the biggest advantages of Bitcoins is their immediacy and therefore you ought to be able to use them at once.
You can compare various Bitcoin Exchanges (most with Bank wire deposit) on this website.
Which Exchange Market Should I Choose?
It is true that there are many exchange markets out there that can help you out and provide you a safe environment for your Bitcoin transactions. Let’s have a look at some of them, shall we?
CoinMama.com: This exchange market is definitely reliable, facilitating the whole process of buying Bitcoins with the use of credit cards. You can complete the desired transactions within minutes and you can expect nothing short of solid results.
Coinbase.com: Although their website is not as fancy as some, Coinbase offers a safe base on which you can buy Bitcoins with credit card. After the transaction, Bitcoin will take four days to arrive (according to their statement online). The service is great for recurring buys, making the whole process easier and less time-consuming.
CoinCorner.com: This is another exchange market that can help you out towards buying Bitcoins easily and efficiently via credit card. Their website is pretty informative and you can check out their fees here.
They allow Visa, MasterCard and quite many other payment methods, which is really great and adds to the flexibility of Bitcoins.
Benefit from the special features that Bitcoins offer to their users and enhance your overall online security, remaining untraceable and literally anonymous on the Internet. This is definitely a wonderful thing that minimizes, if not eliminates, online threats and hazards that have to do with hacking and identity theft, loss of money and other negative consequences. You can even use the anonymity feature concerning online business activities such as advertising for your website using a bitcoin ad network. You can get traffic for your business while staying completely unknown in the background. Not even the ad network knows who you are. The power is in your hands and now you can buy it using credit cards!