If you want to buy bitcoin with credit card, then I believe you shouldn’t be facing any problems at any point no matter what country you are from.
There are definitely various ways through which you can be able to buy bitcoins easily. To name a few ways, You can buy bitcoin through.
1. debit cards
These are considered one of the top ways by which you can buy bitcoin. But the problem with these methods is that they don’t work on all cryptocurrency websites.
For example, a debit card of one country cannot be used to make a transaction online in another country. Likewise, Wire-transfer is very rare, and you can only find fewer people selling bitcoins through wire-transfer in p2p cryptocurrency buy/sell sites such as localbitcoins.
Paypal, on the other hand, is very efficient, and reliable for most people. There are a few exchanges through which you can buy bitcoins using PayPal. But not all exchanges have the payment option as PayPal and only a few countries are supported for PayPal transactions.
All of these methods have their own limitations. But on the other hand credit cards have none. If you own a credit card you will be able to buy bitcoin with credit card no matter where you live and where the website provides its services to.
So let’s just dive right in and let me tell you the top 5 websites through which you can buy bitcoin with credit card.
5 Websites through which you can buy Bitcoin with Credit card
Cex.io is one of the most popular and widely known websites which allows you to buy bitcoin with credit card or any cryptocurrency of your choice. The user interface is quite minimal and easy to use. Navigating around and buying cryptocurrency using Cex.io is very easy compared to a few other websites. You’ll be charged a service fee of 0.2% when you buy from this website.
Coinbase is one of the leading and the most successful website when it comes to selling cryptocurrencies. It is the most used website to purchase cryptocurrencies in the US. The only drawback of this website is, they offer services to a few countries such as the US, Canada, Europe, UK, Australia etc. If you are residing in any of these countries, then I recommend you easily go for Coinbase to buy bitcoins. The service fee is 3.99% when you buy from this website.
Coinmama is widely known for allowing people to buy bitcoin with credit card and a debit card as well. The limit Coinmama provides is high compared to other websites. You can buy up to $5,000 worth of bitcoins per day and about $20,000 worth of bitcoins per month. You’ll also be charged 6% service fee for security reasons when you buy bitcoin.
Localbitcoins is one of my personal favorites and it is easy to buy from this website no matter what country you are from. It is a p2p website which connects you to sellers and buyers. So basically, no matter where you are from just search in localbitcoins and you’ll get a list of sellers that are near to you. You just pay the amount to the buyer and you receive your bitcoins.
The advantage of bitstamp is that it supports a huge list of countries. So there is a high chance that you will be able to buy bitcoin with credit card using this website. This website is easy to use and has a high limit of daily and monthly purchases that you can make.
How to buy Bitcoin with Credit card
Now that you have known the top 5 websites through which you can buy bitcoin with credit card. It’s time to make a few points clear on how you can buy it.
Each and every website that is listed in this article will require you to register to their website first. You will then be required to enter your details and also you’ll be required to complete your KYC.
Meaning you’ll have to attach a few copies of your ID proofs and send them online. Once these ID’s are verified and when you have successfully completed your KYC, only then can you start making purchases.
Usually, to complete the KYC documentation and verification it takes from 30 minutes to up to a few days. So make sure you complete the registration and upload the right documents correctly.
It’s way easier to buy bitcoin with a credit card if you have a globally accepted card. Usually, the above-listed websites do accept all major credit cards and you’ll face no difficulty in making a transaction at all.
If in any case, you find it difficult to buy bitcoin with credit card in the top websites then make sure you try localbitcoins.
Because there’s a high chance that you’ll find a seller from your region, and making payments on that website will be easier for you.