Sharing is caring 96 Shares. The best part is, it has become effortless to buy. For a deeper look into the platform take a look at our CoinMama review.
Exchanges That Support Prepaid Cards
Well, read on. Though not the prepid common way of getting a hold of your favorite crypto, many places who accept Visa and Mastercard also accept this option. Many banks provide overdraft facilities for traditional debit cards meaning that you can, in effect, use them as credit cards. Prepaid cards on the other hand only allow you to buy goods or services with money you actually. You may wonder why people use them in the first place, but consider this man who decided to take out an equity loan on his house to buy around Bitcoin last year. In the early days, getting ahold of some Bitcoin was a bit trickier.
Where You Can Buy Bitcoin With Prepaid Card
Prepaid cards are different from debit cards, as they are not linked to your checking accounts. Prepaid cards allow you to buy goods or services with money that you loaded on the card beforehand. Even if this method of acquiring Bitcoins is not the most popular, there are a few services that enable you to buy the coins using prepaid cards. Below we will be listing a few of these services:. Coinmama is an exchange based in which currently operates from Slovakia. It was among the first exchanges to have a debit and credit card option for purchasing BTC. In addition to Bitcoin, they also support other major altcoins like Ethereum , Ripple , Cardano , Qtum , and Ethereum classic.
Final Thoughts
Well, read on. Though not the most common way of getting a hold of your favorite crypto, many places who accept Visa and Mastercard also accept this option. Many banks provide overdraft facilities for traditional debit cards meaning that you can, in effect, use them as credit cards.
Prepaid cards on the other hand only allow you to buy goods or services with money you actually. You may wonder why people use them in the first place, but consider this man who decided to take out an equity loan on his house to buy around Bitcoin last year. In the early days, getting ahold of some Bitcoin was a bit trickier. There were only a few exchanges who offered it, or you could grab some if you had the technical chops to mine it.
Thankfully, it has become a highly sought-after commodity and is widely available today. The process is more or less the same as with any debit or credit card. It was one of the first exchanges to provide cryptocurrency purchases via debit and credit cards. All of the major coins like BitcoinEthereum and Ripple are supported, including some alternatives like Cardano, Qtum, and Ethereum classic.
For a deeper look into the platform take a look at our CoinMama review. Coinbase is a well-established name in the crypto space and has been operating since out of the US. The company is heavily-regulated, which may concern some users who value their privacy. They do, however, provide good options when it comes to payment cards. The fees are also noticeably lower here than with CoinMama, which is a distinct advantage if you plan to buy on a regular basis.
Coinbase is in the process of adding to their list of cryptocurrencies, which is also a good sign. Find more in our Coinbase review. CEX is a European exchange that operates out of the financial capital of London.
Many enthusiasts are attracted to the lower card fees found on CEX. For more info, follow along with our CEX review. The company was created in Finland in There is also an escrow service to mediate between buyers and sellers in the event of a dispute. Follow along with our review. Paxful is another peer-to-peer marketplace that connects buyers with sellers. Just like LocalBitcoins, Paxful is widely available and allows exchange in your local currency to simplify trade.
At this time they only support Bitcoin. For more details take a look at our step by step guide and review of the Paxful exchange. Along with prepaid debit cards, it turns out that there are actually quite a few other card options that allow you to get your hands on your favorite cryptocurrencies.
Buying bitcoin with a prepaid card is not the cheapest option out there and even the cheapest exchange can set you back fees of at least 3. For clients in some countries, paying by card is probably the easiest and most convenient option.
Currently, it is a one-stop-shop crypto buy bitcoin wtih prepaid visa that includes an aggregated crypto exchange the combination of several exchanges to deliver optimum pricessafe cryptocurrency storage through insured custodianship, a payment card and all the traditional alt-banking…. Ryan is a web designer, writer, and cryptocurrency trader who hails from sunny South Africa.
He eats, breathes and lives crypto. When not meticulously looking over charts he can be found planning his next road trip or buy bitcoin wtih prepaid visa around a 5-a-side soccer field. How to Buy Bitcoin with a Prepaid Card. Ryan Smith. Bitcoin buy bitcoin buy crypto card cryptocurrency. Newsletter Sidebar. This field is for validation purposes and should be left unchanged. Read More. Press Releases.
How to Buy Bitcoins Using Gift Cards
Where You Can Buy Bitcoin With Prepaid Card
Keep this information in mind before deciding to make a purchase decision, and CCN visaa. Starting today, people can onboard into a Circle account and begin using digital money within minutes, not days. Facebook Twitter Instagram Telegram. There are quite a few services that lets one buy Bitcoins with prepaid cards. Buy bitcoin wtih prepaid visa by over 1. One of the backbones of bitcoin is having control over private keys. Just like LocalBitcoins, Paxful is widely available and allows prwpaid in your local currency to simplify trade. The fees are also noticeably lower here than with CoinMama, which is a distinct advantage if you plan to buy on a regular basis. Coinbase is a popular name in the buy bitcoin wtih prepaid visa of cryptocurrencies and is a digital currency exchange based in the US since A bank account debit card is linked to prepai checking account.
Comments
Post a Comment