How To Instantly Buy Bitcoin Online With A Credit Card
The easiest and fastest way to buy bitcoins instantly with a credit card or debit card is via
Indacoin where you can acquire $50 or less of bitcoin fast and usually within 10 minutes.

As you prove to be a reliable customer then limits are raised to $200 in four days and $500 in seven days.
Other options include
Coinbase (Europe, USA & UK),
Coinmama (worldwide),
Coinhouse (Europe) and
BitPanda (Europe).
However, you should be aware that buying bitcoins instantly with a
debit or credit card will usually result in higher fees because there
are higher transaction and processing fees and a higher risk of fraud.
Buying Large Amounts of Bitcoin
To buy larger amounts of bitcoins we recommend following these simple steps:
- Find a Bitcoin exchange
- Buy bitcoins by exchanging your local currency, like the U.S. Dollar or Euro, for bitcoin
- Transfer the bitcoins to your wallet
- Get a Bitcoin debit card for easy spending
Learning how to use Bitcoin is just like any learning any other
technology. This will require you to get familiar with how things
function.
We highly recommend you learn how to transfer bitcoins to a
cold storage Bitcoin wallet.
Additionally, the
Bitcoin price can vary throughout the world so be sure to do your research to make sure you are getting a fair deal.
How To Buy Bitcoin Video
While
Coinbase or
Cryptopay
are good places to start when buying bitcoins we strongly recommend you
do not keep any bitcoins in their service; there is no excuse for
controlling your own
private keys.
Once you find a Bitcoin exchange in your country then compare the exchange rate on your local exchange to a Bitcoin price index.
What Makes For The Best Bitcoin Exchange
A number of factors must be considered when finding the best bitcoin
exchange, which will vary person-to-person depending on the factors
below.
Exchange Rate
How close is the exchange rate to the global average price found on
an index. By comparing a local Bitcoin exchange’s prices to a Bitcoin
price index then it is easier to get the best Bitcoin exchange rate.
Payment Method
You’ll need to find a Bitcoin exchange that accepts your preferred
payment method. Different payment methods also incur varying fees.
Credit card purchases, for example, are often charged a fee of 3-10%,
while most deposits with bank transfers are free. More information about
fees can be found on each exchange’s website.
Speed
Buying bitcoins fast can be challenging; particularly in larger
amounts. You may have found the best Bitcoin exchange, but if
verification takes one week and you need bitcoins now, you’ll have to
look elsewhere. Initial verification can often take a few days, but all
subsequent purchases may be instant. You’ll have to research each
Bitcoin exchange to determine verification levels and delivery speeds.
Amount
Each Bitcoin exchange has different buying limits, which often varies depending on level of identity verification. At
Coinbase,
for example, regular users may only purchase up to $1,000 worth of
bitcoins per day. Fully verified users, however, can buy up to $50,000
per day. Most exchanges offer a FAQ page online where the different
levels of verification are explained.
Fees
Each Bitcoin exchange charges different fees for its services. Most Bitcoin brokers, that
sell bitcoins directly to buyers,
charge a flat rate of 1% per transaction. Exchanges with orderbooks are
geared towards high volume trading, and often have fees of 0.25-0.50%
per trade. More information can be found on each exchange’s website.
Privacy
Exchanges that accept credit cards or bank transfers are required by
law to collect information about users’ identities. Buying bitcoins with
cash is the most private way to buy bitcoins, whether it be through a
P2P exchange like
LocalBitcoins or at a
Bitcoin ATM.
Regulatory Compliance
In order to buy bitcoins, local currency, like the U.S. dollar or
Euro, must be exchanged for bitcoins. In this process trust users must
trust the Bitcoin exchange to secure money and not run away with funds.
It’s best to use a regulated Bitcoin exchange. Most exchanges offer
information about their regulatory compliance on their websites. If an
exchange seems shady and doesn’t offer information about regulation or
who’s behind the site, it’s best to find a different exchange.
Getting a Bitcoin Wallet
History is filled with Bitcoin exchanges running away with users’
funds. For this reason, it’s best to move your bitcoins off the exchange
once you buy and store your coins in a wallet you own.
There are
different types of Bitcoin wallets,
each offering unique features and benefits. The wallet that’s right for
you will depend on your specific needs and on how you intend to use
Bitcoin.
For secure storage, wallets like the
TREZOR and
Ledger Nano make it easy to protect bitcoins.
Paper wallets are another good option for those with greater technical knowledge.
If you’ll be making Bitcoin transactions frequently, hot wallets that work across many devices are a better option.
Buy Bitcoins in the United States
Coinbase and Kraken are considered the best ways to buy bitcoins
online in the United States. At Coinbase you buy bitcoin with a
connected bank account.
Coinbase is one of the world's largest Bitcoin exchanges. Users in
the United States, Canada, most of Europe, and Singapore can buy
bitcoins with a connected bank account or SEPA transfer.
European users can purchase bitcoins with 3D secure credit or debit cards.
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
Kraken is one of the world's largest Bitcoin exchanges. Residents of
Europe and the UK can deposit and purchase bitcoins with same day SEPA
transfer.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
BitQuick is an escrow service that facilitates the buying and selling of bitcoins via cash deposit.
Wall of Coins is an escrow service that facilitates the buying and
selling of bitcoins. Cash deposit is the most popular payment method.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
Many people want to know: is it possible to buy bitcoins with PayPal?
Since PayPal bans its merchants from accepting PayPal payments for
bitcoins then in general itis not possible to buy bitcoins with PayPal
directly.
Buy Bitcoins in the United Kingdom
Coinbase is one of the world's largest Bitcoin exchanges. Users in
the United States, Canada, most of Europe, and Singapore can buy
bitcoins with a connected bank account or SEPA transfer.
European users can purchase bitcoins with 3D secure credit or debit cards.
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
UK residents can buy bitcoins online in a little under an hour at Bittylicious with UK instant bank transfer.
Buy Bitcoins in Canada
Coinbase is one of the world's largest Bitcoin exchanges. Users in
the United States, Canada, most of Europe, and Singapore can buy
bitcoins with a connected bank account or SEPA transfer.
European users can purchase bitcoins with 3D secure credit or debit cards.
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
Kraken is one of the world's largest Bitcoin exchanges. Residents of
Europe and the UK can deposit and purchase bitcoins with same day SEPA
transfer.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
Buy bitcoins quickly in Canada with Interac Online or debit card.
Buy Bitcoins in South America
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
SatoshiTango is a Bitcoin broker available in Chile, Colombia, and Uruguay.
Bitex.la is a Bitcoin exchange that offers services in Argentina,
Chile, Colombia, and Uruguay. Deposits can be made with cash in
Argentina and Chile, or with AstroPay in all four countries.
SurBitcoin is Venezuela's only local Bitcoin exchange. Deposits are made with Venezuelan national bank transfer.
SurBTC is Chile's largest and most well funded Bitcoin exchange. It
received a Series A investment of $0.3 million on February 2016.
Bitcoin Peru is a Bitcoin broker in Peru. It's possible to buy via local bank transfer and get bitcoin within 24 hours.
GuaraniBitcoin is Paraguay’s local exchange.
Buy Bitcoins in Mexico
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
Bitso is one of Mexico's largest Bitcoin exchanges. Fund your account
at more than 135,000 physical locations with cash or via online bank
transfer.
Buy bitcoins in Mexico at more than 5,000 brick-and-mortar stores. Buy
bitcoins in Europe with SafetyPay, or with EasyPay at 500 physical
locations in Greece.
Buy Bitcoins in Asia
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
BitKan is a tool and application platform focusing on bitcoin featuring
OTC trading service, price viewing, news reading, mining monitoring,
price alert, E-Wallet services and etc.
BTCC is one of China's three largest Bitcoin exchanges.
Huobi is one of the largest Bitcoin exchanges in China, with more than $150 million of daily trading volume.
OKCoin is one of the largest Bitcoin exchanges in China, with more than $200 million of daily trading volume.
Unocoin is India's largest Bitcoin exchange. Fund your account via India local bank transfer.
Bitcoin exchange available in Indonesia and Malaysia. BitX makes it
easy to buy bitcoin instantly via local bank transfer (Indonesia) or
Inter-Bank GIRO (Malaysia).
BitFlyer is Japan's most popular and well funded Bitcoin exchange. Deposit with bank transfer.
Pakistan’s first Bitcoin exchange. Users can fund accounts via local bank transfer.
Known as the easiest way to buy bitcoins in the Philippines and can also be used to send and receive remittances.
Buy bitcoins in Singapore with local bank transfer.
Korbit is the largest and most well funded Bitcoin exchange in South Korea, with average daily volumes over 500 BTC.
To buy BTC with cash in South Korea use CoinPlug to find a Bitcoin ATM.
Buy bitcoin in Taiwan with cash or bank transfer at MaiCoin.
BitoEX has 5,000 locations at convenience stores across Taiwan where it’s possible to buy with cash.
Coins is a remittance service, but also makes it easy to purchase
bitcoins in Thailand with cash, bank transfer, or cash deposit.
Buy Bitcoins in Australia
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
Australia's largest Bitcoin exchange. Buy Bitcoins today with POLi and EFT. Low trading fees and full API available.
Buy bitcoins with cash in Australia. Only verification required is an email address and phone number
No fee and low spread Australian buying and selling service. Buy Bitcoin using POLi. Phone number and ID verification required.
Buy Bitcoins in Brasil
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
Bitex.la is a Bitcoin exchange that offers services in Argentina,
Chile, Colombia, and Uruguay. Deposits can be made with cash in
Argentina and Chile, or with AstroPay in all four countries.
FoxBit is one of the largest Bitcoin exchanges in Brazil. Buy bitcoins online with bank transfers and no deposit fees.
Mercado Bitcoin is one of Brazil's largest Bitcoin exchanges. Users can buy bitcoin online with bank transfers.
Buy Bitcoins in Germany
Coinbase is one of the world's largest Bitcoin exchanges. Users in
the United States, Canada, most of Europe, and Singapore can buy
bitcoins with a connected bank account or SEPA transfer.
European users can purchase bitcoins with 3D secure credit or debit cards.
Buy bitcoins in the UK and Europe with a 3D secure credit or debit
card. Prepaid credit and debit cards are also accepted if 3D secure.
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
Kraken is one of the world's largest Bitcoin exchanges. Residents of
Europe and the UK can deposit and purchase bitcoins with same day SEPA
transfer.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
Bitcoin.de is a Bitcoin exchange based in Germany, with average daily
trading volume of 3,000-7,000 BTC. Deposits must be made with SEPA
transfer.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
Cashila is a payment processor that enables users to transfer, hold and receive funds using bitcoin or euros.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
Buy Bitcoins in France
Coinbase is one of the world's largest Bitcoin exchanges. Users in
the United States, Canada, most of Europe, and Singapore can buy
bitcoins with a connected bank account or SEPA transfer.
European users can purchase bitcoins with 3D secure credit or debit cards.
Buy bitcoins in the UK and Europe with a 3D secure credit or debit
card. Prepaid credit and debit cards are also accepted if 3D secure.
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
Kraken is one of the world's largest Bitcoin exchanges. Residents of
Europe and the UK can deposit and purchase bitcoins with same day SEPA
transfer.
Bitcoin.de is a Bitcoin exchange based in Germany, with average daily
trading volume of 3,000-7,000 BTC. Deposits must be made with SEPA
transfer.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
Cashila is a payment processor that enables users to transfer, hold and receive funds using bitcoin or euros.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
SpectroCoin is an all-in-one solution for Bitcoin. Services offered
include a wide range of Bitcoin solutions, from exchange to Bitcoin
e-wallet.
Buy bitcoins in France with local bank transfer.
Buy Bitcoins in Africa
CoinMama is a bitcoin broker that enables purchasing bitcoins with
credit or debit cards. Fees are about 10% with limits of about $5,000
per day and $20,000 per month. After verification then bitcoins are
received within a few minutes. CoinMama is available only in some US
states.
Indacoin is a global platform enabling the quickest bitcoin purchases
in more than 200 countires with a credit or debit card and no registration. If
it's the first time you use the card, you will receive a call from
Indacoin with a 4-digit code, which should be entered on your order
page. After that, you will have to enter a 3-digit code, which can be
found on your online card statement next to the charge amount.
You
will have the limit of $50 for the first transaction, $100 for the
second transaction available after four days of the initial purchase and
$500 after eight days of the first buy. The total limit for the first
month will be $5,000 and then no limits at all.
Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
LocalBitcoins is an escrow service that helps match Bitcoin buyers and sellers.
BitPanda is an Austrian bitcoin broker that enables purchasing bitcoins
with credit or debit cards. Fees are very low about 3-4% but not
displayed separately.
Buy and sell bitcoins via bank transfer in South Africa and Nigeria.
Buy and sell bitcoins in Nigeria with Perfect Money and Web Money.
Buy and sell bitcoins with Airtel in Kenya, and with Paga or Quickteller in Nigeria.
Frequently Asked Questions
What are my risks when buying bitcoins with credit card?
First, work with companies that have a solid reputation and
regulatory compliance. There are disreputable companies selling bitcoins
in order to collect credit card and personal information to potentially
engage in scams or identity theft.
Second, it is possible the charges are classified as cash advances in
which cases different fees or policies may apply. So, be sure you are
familiar with your credit card company and how they handle purchases of
bitcoins.
Why buy bitcoins instantly with credit cards?
Speed and convenience! Purchasing bitcoins fast with a debit card or
credit card can be the quickest way for new users to get bitcoins. This
can be as easy as online shopping which many people are familiar with.
Are there disadvantages?
Size. Using credit cards to when buying bitcoins fast and in large
amounts can be difficult and costly because of the increased processing
and transaction fees and the higher risk of fraud for merchants.
Can I buy bitcoins on multiple exchanges if the limits are too low?
Sure. Some limits are very low like $50 per day. Consequently, you
may want to purchase from multiple places to accumulate a larger amount.
Why was it difficult buying bitcoins with a credit card only once?
Bitcoin transactions are irreversible. Merchants usually have to wait
up to sixty days to receive cash after a credit card payment.
Additionally, credit card payments are reversible. Thus, selling
bitcoins for credit card payments is very risky due to fraud.
Fortunately, some companies have found new and successful fraud prevention techniques.
Is providing identification documents to buy bitcoins risky?
Yes. Buying bitcoins from regulatory compliant bitcoin exchanges is
risky because you have to trust they will handle your documents with
privacy and security. Like all information provided online the service
provider could be hacked and have it stolen.
After I buy bitcoins fast should I store bitcoins on the exchange?
NO! Storing your own bitcoins in your own
bitcoin wallet is the safest. After buying bitcoins you should immediately move them to a safe and secure wallet you control.
Many people have lost hundreds of millions of dollars because of
Bitcoin exchanges being hacked and losing customer funds. If you control
the private keys yourself then you will not be a victim of these hacks.
Note: Buying bitcoins instantly can be risky. The companies
provided are only listed as a convenience and not an endorsement. Use
them at your own risk and please report in the comments if you have any
problems.
Add Your Service
Is there a good quality service that is not listed? Then please help us out by getting it listed.
This can be done by updating this
file in our Github Repository.
Just be sure to follow the same field conventions in the file so
it will be as easy as possible to get the pull request merged. See the
repo ReadMe for instructions on how to submit pull requests.
We can sure use your help so please submit pull requests with your favorite services.
Thanks!
Conclusion
Now you have a better idea on how to buy bitcoins. So, here is a recap of the best places:
- Coinbase: Buy bitcoins in the United States, Europe, Canada, or Singapore.
- LocalBitcoins: Buy bitcoin anywhere with available sellers for cash.
- Kraken: Buy bitcoins with SEPA transfer in Europe.