Most of the people around the globe do not possess a credit card and the only choice they have left is to perform transactions using a debit card. This is a common issue for people who are trying to get hold of cryptocurrencies. It becomes quite a bit difficult for you if you want to buy bitcoin with a debit card.
Usually, the people who come under this criteria are teenagers or people who have just begun their job where it is hard for them to get a personal credit card. And this makes it all difficult to buy certain things online. But as technology is improving rapidly today. There are a majority of websites who have enabled debit card as a payment method. Which again makes it all easier for most of the people to carry out transactions flawlessly and to buy bitcoin with debit card.
Most of the major cryptocurrency exchanges and websites today have enabled debit card as a payment option in their websites. And without any delay here is the list of top 5 websites with which you can easily buy bitcoin with debit card.
Top websites to buy bitcoin with debit card
Cex.io is one of the top websites when it comes to buying cryptocurrency using a debit card. Plus the user interface of this website makes it all easier to navigate inside the website. A service fee is something that matters to most of the people. When you buy or sell something on cryptocurrency exchanges or websites, a small fee is deducted for the service they provide and when it comes to CEX.io, the service fee is quite low when compared to other websites. This makes CEX.io stand top in this list.
Coinmama also comes with the feature where you can use your debit or credit card to purchase bitcoins easily. The only drawback of coinmama is that unlike other exchanges and websites coinmama doesn’t have its own wallet to store your bitcoin. So you’ll have to add your wallet address on coinmama so that once you make a purchase, your bitcoins are stored in your wallet.
LocalBitcoins is one of the most widely used and most popular p2p platforms for buying and selling bitcoins. You can easily buy bitcoins from here regardless of where you are from. All you’ll need to do is register to this website and search for people selling bitcoins near you. you just make a payment in the desired payment option and you’ll receive your bitcoins once you complete the transaction. Make sure you check the seller’s profile to verify how reliable the person is if you wish to buy bitcoins using this website.
Bitstamp is yet another popular website which accepts debit/credit card as a payment option. One positive factor about this website is that they have a huge list of countries which they support for debit/credit card payments. In order to start buying bitcoins, you’ll have to register and verify yourself. Only after the verification is complete you’ll be able to buy bitcoins.
Note: (USA residents only) Coinbase is served only in USA and people residing in other countries cannot make transactions using coinbase.
Coinbase rose to be the top of cryptocurrency exchange in just a matter of few months. The ease of use and the seamless interface is what most people find outstanding. Coinbase provides some amazing features for its customers. One of them is a bitcoin debit card. It’s just like any traditional debit card, you’ll just have to load the balance using your bitcoins. You can use the debit card anywhere and anyhow. You can make online purchases, swipe in shopping outlets and also be able to use it in the ATM machines to withdraw cash. To know about Bitcoin prepaid card and how it works read the below-linked article.
The above 5 websites are one of the top providers of bitcoins if you wish to buy bitcoin with debit card. The fees of each exchange do vary but not much. Each exchange takes a small service fee. Also, do note that Coinbase currently offers services only for US residents. Use Coinbase only if you are from the US. And if you wish to buy bitcoin with debit card from countries other than the US, then go for CEX.io, Coinmama, Localbitcoins or bitstamp.
I recommend you also have a look at the below-linked articles for alternative ways to buy bitcoins.
If you have any questions, feel free to ask them in the comments section below.