There are many ways Bitcoin can be bought, and these have perhaps been implemented keeping various types of Bitcoin traders in mind. Furthermore considering the fact that Bitcoin popularity is increasing day by day, and also people are also using Bitcoin for many more reasons that are beyond the traditional bounds of just trading or investing, like buying food items, or playing online games etc., it was kind of necessary that there must be a provision of integrating the plastic money with this digital money in some manner for sure.
How to: Can I Buy Bitcoin with a Credit Card
Bitcoin can be purchased easily with a credit card; there are many ways to do so. Many other cryptocurrencies can also be purchased this way, but these definitely apply to Bitcoin, the king of cryptocurrencies.
Platform Purchase: This is undeniably the most convenient and the most wanted choice of today, especially among people who are venturing into Bitcoin for the first time. Platform purchase refers to buying Bitcoin, on online websites that host multiple exchanges. Check out executium.com if you have not heard of this so far, as it is among the most sought after Bitcoin online platforms. Such places have multiple cryptocurrencies and multiple exchanges for a person to trade in, and these allow for easy acceptance of fiat from your credit cards or debit cards. Paybis is another such option.
Exchange Purchase: Now this is the next step of buying directly from the exchange, undertaken by many more experienced traders. Even if they like to buy from platforms as mentioned above, they mix some part of their purchases to be made directly from base exchanges, depending upon the rates and other charges. Binance accepts Visa and MasterCard’s for easy and quick transactions.
Financial Service Providers: Next are services like PayPal, Payoneer etc. Some of these allow for payments on cryptocurrency exchanges, and users can always pay on these portals via their credit or debit cards.
ATM Purchases: Another segment for, can I buy Bitcoin with a credit card that is fast becoming popular is Bitcoin/crypto purchases via ATM. You can swipe your traditional credit card on such machines, and they dispense your money in the form of Bitcoin Cash. Although such machines are very few in number as of now, hopefully they will increase more and more gradually.
Things to Keep in Mind: Can I Buy Bitcoin with a Credit Card
Safety is a very important aspect when dealing with any type of money. Credit cards themselves require a lot of safety features, as the stream is quite vulnerable to attacks and hijacking, and cryptocurrency is even more, more susceptible to fraud. So the only downfall while dealing with such wallets, especially when these two are combined together, is to keep in mind safety and privacy as of prime concern. Executium.com has risen to the top so quickly, not only because of its unparalleled services, but more so because it is absolutely safe and secure to transact at.