For someone just hearing about Bitcoin for the first time, the first question that comes to mind is, "What is Bitcoin?" another question often asked is about the Bitcoin price. when Bitcoin was first introduced in early 2009 it was less than 10 cents per Bitcoin. It has steadily risen since and has recently hovered around $4000 per Bitcoin. So regarding Bitcoin value or the Bitcoin rate, this remarkable appreciation of value has created so many millionaires in less than a decade.
You might be asking yourself this questions, who accepts Bitcoin?, what are stores that accept bitcoin, what are websites that accept bitcoins, what are some retailers that accept bitcoin, and where can I spend bitcoin.
Several more companies are beginning to see the value of accepting cryptocurrencies as a valid payment option on every wake of the day. Here is a quick rundown of some of the major companies that accept Bitcoin. Microsoft, DISH Network, Expedia, Shopify stores, Payza, Newegg, 2Pay4You, and a host of others. Two major holdouts at this time are Walmart and Amazon.
Perhaps you want to buy BTC but you do not know how to go about it? Just go ahead and download a bitcoin wallet, All you are left to do from this point is to actually purchase your first Bitcoins. let's quickly take you through the process to see just how easy it is to buy Bitcoin with your credit card
There are different ways to buy Bitcoin online. However, the quickest way to buy Bitcoin online is with a credit card. This process only takes a few minutes but it attracts fees. The cheaper method gives a chance of purchasing through the exchange.
How to purchase Bitcoin online Using Credit Card, here are the steps to follow below:
Step 1: Input your Bitcoin address and select the desired purchase amount
Visit the buy Bitcoin page. Enter the bitcoin amount you intend to purchase and specify the Bitcoin address you want the purchased bitcoin sent to. To do that, you have to open your Bitcoin Wallet then copy your Bitcoin address and paste it into the Bitcoin address field provided. The Bitcoin you purchase will be sent to the Bitcoin address provided. Always remember Bitcoin wallet can be downloaded for free.
Step 2: Input Billing Info
Once your Bitcoin address has been entered and you have chosen the purchase amount, click the Continue Button. Then you will be directed to the checkout form. Simply follow the steps, by inputting your information,
Every purchased Bitcoin will then be credited to your Bitcoin Wallet address. it may take between ten minutes to one hour. It's amazingly easy to buy Bitcoin online with a credit card. at the same time, it's secure and quick.
How to Purchase Bitcoin on an Exchange
A bitcoin exchange is an online marketplace where people buy and sell Bitcoin, First thing is setting up an account on the exchange. You will have to choose an exchange based on your country of residence and your purchase currency. Also, ensure to properly read about how to choose the right Bitcoin exchange according to your specific needs. Here's a basic run-down of how to buy Bitcoin on an exchange:
Step 1: Choose an exchange by entering your country of residence and then selecting from the list of approved exchanges.
Step 2:Setting up an account on the exchange. Depending on the exchange amount, some forms of identification may be required.
Step 3: Connect your bank account to the exchange account. whatever purchases or sells you make will be taken from or deposited to the provided bank account.
Step 4: Select the Amount to Purchase Having performed all the steps listed above. Go to Buy feature on the exchange: select an amount of Bitcoin you want to purchase, enter your BTC address, confirm the purchase, then wait for the purchased Bitcoin to reflect in your wallet.
Buying bitcoins online using credit or debit cards is one of the most popular and easiest ways to purchase Bitcoin.
One thing we need to bear in mind is that convenience can sometimes come at a price, most cryptocurrency exchanges do charge between 3-4% for card purchases. Another way to save cost if there's no urgency is considering the bank option.
Hereunder are some of the best exchanges we can proudly recommend that allow online purchasing of Bitcoin with a credit card.
Exchange Fees Supported Countries
Coinbase 3.99% US, Europe, Most Other Countries
Coinbase
Coinbase is one of the most reputable Bitcoin exchanges in the world. they have made getting into cryptocurrency easy for everyone since 2012.
All you need to do is set up an account, link your preferred payment method, and start purchasing. do note that most credit card purchases are disabled for people living in the US. Debit card purchases are still supported and it's one of the most popular methods for Coinbase users in the United States. However knowing you can earn Bitcoin daily with coinbase trading software makes it all interesting.
For AML reasons, Coinbase (and the majority of other exchanges) require users to submit their ID and some information for verification purposes. This verification is so easy and quick and allows for same-day purchases.
Fees and Limits
Coinbase’s credit and debit card purchasing fees are remarkably low compared to the competition at 3.99%. As far as limits go, they are relatively low when using a card to pay compared to other exchanges.
Purchase limits depend on your accounts verification level, with the highest tier of verification allowing $50,000 to be purchased daily!
The exchange features no deposit fees for moving currency onto the exchange. The only time you’ll ever pay a fee is when purchasing or selling cryptocurrency on the platform.
All things considered, Coinbase gives beginners a wonderful starting point by having a quick sign up process and easy to navigate interface.
Coinmama
Coinmama is also an excellent option for those wanting to purchase Bitcoin and other cryptocurrencies. immediately you log in to Coinmama, the first you will notice is the user interface of the website.
Rather than Coinbase’s approach, Coinmama offers different packages that give a certain amount of cryptocurrency. If none of the premade packages is the right sizing, create your own.
One other difference about Coinmama is that it does not provide a wallet for storing the purchased cryptocurrency. Instead, they ask for a wallet to send the currency purchased to.
This shouldn’t be an issue at all, as long as you have your own wallet. To learn more about Bitcoin wallets, check our guide.
Coinmama has a very good reputation in the crypto community, they can boast of reliable customer support plus they have been around for quite a while. They are Isreal based, they support several countries and nearly all the state in the US
Fees and Limits
Coinmama charges a fee of around 5% for credit and debit purchases. Despite the fact its fees are relatively higher than Coinbase, they have higher purchasing limits and instant delivery.
Coinmama has high purchasing limits at a max of $5,000 daily, and $20,000 monthly. As far as minimum purchases go, Coinmama has a minimum of $60 USD.
Paybis is another good option when you think of purchasing bitcoin online, all you need to do is register with Paybis and create an online wallet, with multiple layers of protection created for this process, you can easily access your wallet from any device in any location,and we can easily say this is one of the most secure and good online wallets that you can count on .
Fees and Limits
Paybis Limits depend on the payment method used. In a situation where credit cards are used for the payment, the limits are 20,000 per day and 50,000 per month in EUR/USD/GBP.
Paybis have three types of fees they charge which ranges from 1.27% to 15% depending on the type of transaction done
The actual fee paid and the percentage depends on the type of payment method.
You might be asking yourself this questions, who accepts Bitcoin?, what are stores that accept bitcoin, what are websites that accept bitcoins, what are some retailers that accept bitcoin, and where can I spend bitcoin.
Several more companies are beginning to see the value of accepting cryptocurrencies as a valid payment option on every wake of the day. Here is a quick rundown of some of the major companies that accept Bitcoin. Microsoft, DISH Network, Expedia, Shopify stores, Payza, Newegg, 2Pay4You, and a host of others. Two major holdouts at this time are Walmart and Amazon.
Perhaps you want to buy BTC but you do not know how to go about it? Just go ahead and download a bitcoin wallet, All you are left to do from this point is to actually purchase your first Bitcoins. let's quickly take you through the process to see just how easy it is to buy Bitcoin with your credit card
There are different ways to buy Bitcoin online. However, the quickest way to buy Bitcoin online is with a credit card. This process only takes a few minutes but it attracts fees. The cheaper method gives a chance of purchasing through the exchange.
How to purchase Bitcoin online Using Credit Card, here are the steps to follow below:
Step 1: Input your Bitcoin address and select the desired purchase amount
Visit the buy Bitcoin page. Enter the bitcoin amount you intend to purchase and specify the Bitcoin address you want the purchased bitcoin sent to. To do that, you have to open your Bitcoin Wallet then copy your Bitcoin address and paste it into the Bitcoin address field provided. The Bitcoin you purchase will be sent to the Bitcoin address provided. Always remember Bitcoin wallet can be downloaded for free.
Step 2: Input Billing Info
Once your Bitcoin address has been entered and you have chosen the purchase amount, click the Continue Button. Then you will be directed to the checkout form. Simply follow the steps, by inputting your information,
Every purchased Bitcoin will then be credited to your Bitcoin Wallet address. it may take between ten minutes to one hour. It's amazingly easy to buy Bitcoin online with a credit card. at the same time, it's secure and quick.
How to Purchase Bitcoin on an Exchange
A bitcoin exchange is an online marketplace where people buy and sell Bitcoin, First thing is setting up an account on the exchange. You will have to choose an exchange based on your country of residence and your purchase currency. Also, ensure to properly read about how to choose the right Bitcoin exchange according to your specific needs. Here's a basic run-down of how to buy Bitcoin on an exchange:
Step 1: Choose an exchange by entering your country of residence and then selecting from the list of approved exchanges.
Step 2:Setting up an account on the exchange. Depending on the exchange amount, some forms of identification may be required.
Step 3: Connect your bank account to the exchange account. whatever purchases or sells you make will be taken from or deposited to the provided bank account.
Step 4: Select the Amount to Purchase Having performed all the steps listed above. Go to Buy feature on the exchange: select an amount of Bitcoin you want to purchase, enter your BTC address, confirm the purchase, then wait for the purchased Bitcoin to reflect in your wallet.
Buying bitcoins online using credit or debit cards is one of the most popular and easiest ways to purchase Bitcoin.
One thing we need to bear in mind is that convenience can sometimes come at a price, most cryptocurrency exchanges do charge between 3-4% for card purchases. Another way to save cost if there's no urgency is considering the bank option.
Hereunder are some of the best exchanges we can proudly recommend that allow online purchasing of Bitcoin with a credit card.
Exchange Fees Supported Countries
Coinbase 3.99% US, Europe, Most Other Countries
Coinbase
Coinbase is one of the most reputable Bitcoin exchanges in the world. they have made getting into cryptocurrency easy for everyone since 2012.
All you need to do is set up an account, link your preferred payment method, and start purchasing. do note that most credit card purchases are disabled for people living in the US. Debit card purchases are still supported and it's one of the most popular methods for Coinbase users in the United States. However knowing you can earn Bitcoin daily with coinbase trading software makes it all interesting.
For AML reasons, Coinbase (and the majority of other exchanges) require users to submit their ID and some information for verification purposes. This verification is so easy and quick and allows for same-day purchases.
Fees and Limits
Coinbase’s credit and debit card purchasing fees are remarkably low compared to the competition at 3.99%. As far as limits go, they are relatively low when using a card to pay compared to other exchanges.
Purchase limits depend on your accounts verification level, with the highest tier of verification allowing $50,000 to be purchased daily!
The exchange features no deposit fees for moving currency onto the exchange. The only time you’ll ever pay a fee is when purchasing or selling cryptocurrency on the platform.
All things considered, Coinbase gives beginners a wonderful starting point by having a quick sign up process and easy to navigate interface.
Coinmama
Coinmama is also an excellent option for those wanting to purchase Bitcoin and other cryptocurrencies. immediately you log in to Coinmama, the first you will notice is the user interface of the website.
Rather than Coinbase’s approach, Coinmama offers different packages that give a certain amount of cryptocurrency. If none of the premade packages is the right sizing, create your own.
One other difference about Coinmama is that it does not provide a wallet for storing the purchased cryptocurrency. Instead, they ask for a wallet to send the currency purchased to.
This shouldn’t be an issue at all, as long as you have your own wallet. To learn more about Bitcoin wallets, check our guide.
Coinmama has a very good reputation in the crypto community, they can boast of reliable customer support plus they have been around for quite a while. They are Isreal based, they support several countries and nearly all the state in the US
Fees and Limits
Coinmama charges a fee of around 5% for credit and debit purchases. Despite the fact its fees are relatively higher than Coinbase, they have higher purchasing limits and instant delivery.
Coinmama has high purchasing limits at a max of $5,000 daily, and $20,000 monthly. As far as minimum purchases go, Coinmama has a minimum of $60 USD.
Paybis is another good option when you think of purchasing bitcoin online, all you need to do is register with Paybis and create an online wallet, with multiple layers of protection created for this process, you can easily access your wallet from any device in any location,and we can easily say this is one of the most secure and good online wallets that you can count on .
Fees and Limits
Paybis Limits depend on the payment method used. In a situation where credit cards are used for the payment, the limits are 20,000 per day and 50,000 per month in EUR/USD/GBP.
Paybis have three types of fees they charge which ranges from 1.27% to 15% depending on the type of transaction done
The actual fee paid and the percentage depends on the type of payment method.
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