 | How Debit Cards Work?A debit card is a plastic card issued by a bank that allows cardholders to pay for goods or services using funds on their checking account. Debit cards are the most common payment methods used by individuals who want to buy Bitcoin. Unlike credit cards, debit cards can only be used if the card holder has sufficient funds on a bank account.Debit card as a payment method is convenient because your payment transactions are secured and processed immediately. As a result, you can receive your Bitcoin in minutes, if you buy Bitcoin with a debit card. This is not the case when you are using bank wire transfers and some other payment methods to purchase digital assets. https://preview.redd.it/ozn9ljmfaep51.png?width=752&format=png&auto=webp&s=7710953f53f74dbc2856d8a29a820d5c9267f2e4 Where to Buy Bitcoin with a Debit Card?Almost all crypto exchanges and online services such as Cash App and eToro accept debit cards. Cash App supports debit cards from Visa, MasterCard, American Express, and Discover. However, it currently does not accept PayPal and business debit cards. Unlike cryptocurrency exchanges and other online services, Digital Finance makes Bitcoin purchase process really quick and easy. You can instantly buy Bitcoin with debit card on our website. Currently, we accept all major debit cards, including Visa and Mastercard.How to Buy Bitcoin with a Debit Card?The most common but unfortunately not fastest way to buy Bitcoin is purchasing it with debit card on a cryptocurrency exchange, such as Binance or Coinbase. The issue is that Know Your Customer (KYC) process is time consuming. Because of that, customers usually need to wait several days and are not able to buy Bitcoin until their identity is verified and exchange account is activated. Moreover, some trading expertise is needed to place a buy order and properly execute it on a crypto exchange. https://preview.redd.it/526czj1iaep51.jpg?width=1656&format=pjpg&auto=webp&s=7c660d4f64ed7f89868e70a4c379d7efbe2811fa How to Buy Bitcoin with a Debit Card Instantly?Regulators all over the world require stricter regulations of crypto exchanges, crypto wallets, and other crypto related businesses. Therefore, such companies are forced to be compliant with financial regulations and implement more rigorous and time consuming Know Your Customer (KYC) and Anti-Money Laundering (AML) policies.At the same time, we observe a growing demand for online fiat-to-crypto services that can improve customer experience and make Bitcoin purchase process faster and easier. Such companies as MoonPay and Simplex use a simplified KYC process and allow their customers to buy Bitcoin with a debit card instantly. https://preview.redd.it/d401n3nlaep51.jpg?width=1280&format=pjpg&auto=webp&s=0c795ccdd118d2e8203bd337cc3558f133c9e725 You can learn more about Bitcoin investment products and strategies here. Legal Disclosure: The information contained in this article is the property of Digital Finance LLC and cannot be republished without our prior permission. Digital Finance is a Washington, DC, financial company that specializes exclusively in the Bitcoin market. We provide easy and compliant exposure to digital assets and help our customers from all over the world to instantly buy Bitcoin and earn up to 6% annually on their Bitcoin holdings. |
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6 Ways to Buy Bitcoin with a Debit Card. By: Ofir Beigel Last updated: 8/16/20 Buying Bitcoin with a debit card has become relatively easy in the past few years with the introduction of anti fraud systems for Bitcoin exchanges.However, these systems are quite expensive to operate and therefore exchanges will usually charge a premium for buy Bitcoin with a debit card. The best platform to buy Bitcoin with debit card is well-known regulated broker and exchange eToro. Launched in 2006, eToro is regulated by several financial authorities and is a very reputable ... Bitcoin Debit Card. Easily spend Bitcoin anywhere like cash. Bitnovo. Bitnovo has a prepaid debit card in Euros that can be recharged using Bitcoins instantly. View. Bitstamp. Bitstamp offers debit cards denominated in USD. Cards are charged with USD from bitcoin. View. Bitpay. Buy Bitcoin online with your credit card or debit card. Buy Bitcoin Cash (BCH), Bitcoin (BTC) and other cryptocurrencies instantly. Our guides makes it easy! Bitcoin is on its way to becoming mainstream, but the biggest hurdle is letting users instantly buy bitcoins.. Most of the Bitcoin exchanges accept many payment options, with the exception of credit/debit cards. One reason for this is because of the irreversible nature of Bitcoin. However, there are many legit Bitcoin exchanges that have started accepting credit card & debit cards as a payment ...
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In this video you will see some of today's best cryptocurrency debit card company's.i am not affiliated or sponsored by any of the featured company's in this video.this video is only for ... 10 best places to buy bitcoin with a credit debit card or PayPal in USA - Duration: 23:56. Osu Limitless 80,113 views. 23:56. Best Way To Buy Bitcoin Instantly (I Ditched Coinbase) ... WIth EO.Finance you can easily buy and sell cryptocurrency using your credit or debit card. In this video we will buy Bitcoin https://eo.finance iOS: https:/... 10 best places to buy bitcoin with a credit debit card or PayPal in USA - Duration: 23:56. Osu Limitless 78,700 views. 23:56. HOW TO BUY LITECOIN - The Easiest Way! - Duration: 4:00. Check Out the UPDATED Version of this Ultimate Guide Here: https://youtu.be/sEtj34VMClU This video will teach you how to buy cryptocurrency for beginners ste...