Reason for buying bitcoin with credit card is not easy

[v8088 16]

All the problem that I had with buying crypto with my credit card was double convertation. I turned it on  and made the transfer.

Also... There are a lot of crypto exchange offices which can swap every crypto-currency that you need.

[Cryptokool 14]

When i bought with my credit card, i had the bank on the phone right away....to warn me for risks. Annyoing. 

[Desfase 45]

What you say is very true, now there are more reliable platforms to buy bitcoin with cards but they always ask for a minimum to buy, I suppose it is so that this method is not abused, regardless of that I hope that it will soon be easier to carry out those transactions like this many more will enter this world of cryptocurrencies. 

[MMDan 24]

I want to tell you an easy way to buy any cryptocurrency you want guys. I personally use this method.

1. Create an account on Binance.
2. Pass the KYC verification.
3. Buy any cryptocurrency with Visa/Mastercard

[luchogamer23 51]

I think that the main reason is the fluctuating price of bitcoin because the rates that most p2p exchangers handle is exaggerated to what the price really is

[ganandoconyago 15]

I have purchased through the card purchase option on Binance, using my credit card, and the transactions went smoothly and I will continue to do so in the future.

[dark1night 94]

You should choose an exchange that supports BTC purchases by credit or debit card in your area. For example, Coinbase is best suited for beginners. Binance, KuCoin, and OKEx are great options if you are considering buying btc and altcoins.

[Charlingo 9]

I think that buying BTC with a Credit Card helps a lot, but what bothers us many times is the high cost of commissions for using the card, some platforms are fair, but others abuse the commissions. But in conclusion, it is an easy way to get Bitcoins.

[Shukry Almadhoun 1]

Thank you for your wonderful words
PayPal is dollar-only licensed and licensed by more than one country

[Cesar0207 24]

Hello, there are some pages and applications with which I have bought cryptocurrencies by credit card that in my opinion are quite good as coinbase or binance, with those platforms I can buy with a card, with paypal the truth has not yet found a place where I can do

[Kevin González 33]

Buying crypto currencies can be done with any payment method.
But not in all places you can because of restrictions.
There are other ways that will help you obtain cryptomonies and these are the faucets.
If you are not going to acquire a considerable amount, with what you are collecting on these sites is a good thing to start.

[CarlosVlz 92]

On 2/4/2020 at 4:59 AM, Sharoncott said:

Surprisingly, it's still not easy to buy bitcoins with your credit card or PayPal depending on your jurisdiction.

This is because such transactions can easily be reversed with a phone call to the card company chargebacks. Since it's hard to prove any goods changed hands in a transfer of bitcoins, exchanges avoid this payment method and so do most private sellers.

A solution to these problems is to buy Bitcoin by the P2P method that several recognized exchange platforms such as Binance have where you can buy the cryptocurrency at an excellent price and with your local currency without the need to go through those bad experiences.

[Carleinys 23]

In my country, banks have recently been authorized to work with bitcoin. However, I don't know what a good idea that is. More than anything because banks are a government-regulated institution. What could be done is to place a credit card balance in a wallet to buy bitcoin.

[ejgomez78 35]

multiple platforms where you can use credit card without much trouble. the precaution to be exercised is with platforms you don't know, new or of dubious reputation. I prefer to use PAYEER since there the exchange is instantaneous and the commissions are low

[ahmed bika 18]

Buying bitcoin with a credit card was once, just a few short years ago, a nearly impossible task. The exchanges that offered bitcoin didn’t want to be connected to the established, traditional financial system and the credit card companies didn’t want to be connected to bitcoin, thinking that it was a currency for criminal types.

[Junaid8278 60]

Yes it's not easy to buy bitcoin by credit card because many countries not allow bitcoin in their countries. This is the big issue for buying bitcoin by credit card. 

[Yelitza Marrero 61]

It is really very easy to buy BTC with credit cards on the blockchain, you just have to be registered and verified your identity to buy BTC

[hhichem 54]

Of course, because banks set conditions and restrictions and the digital currency is not universally licensed, so it is always required to know your customer

[Cryptonix 135]

At this point in time, I have not encountered the problem of buying cryptocurrency using a card. Perhaps things are different in other countries. Everything can be different, depending on the Bank.

[Captin 0]

Hello friend, yes, it is very natural that buying bitcoins via credit card is not easy in order to protect people from theft or fraud by reversing the transfer process .. Of course, with an important point which is that many countries do not have credit cards or PayPal

[justcryptofan 72]

Currently the crypto world is still hiden before general publick and card issuers still sees it as unvanted competition, hence you have to find some crypto exchange which have possiblity to buy crypto via credit card, but this includes in majority cases also KYC, nevertheless as maintream banks providers will accpet that the crypto is future, then the payment for crypto via card will become very usuall

Edited October 15, 2020 by justcryptofan

[drjameslee 63]

Credit card is not easy to buy bitcoin because you see the bitcoin regulations of many countries are not accepted by the governance of the many countries that's why it is not easy buy or sell bitcoin 

[ramonn22 731]

I believe in my humble opinion it is very difficult to buy bitcoin or any other kind of Cryptocurrency with a credit card since there are many countries that do not accept it and on the other hand, where in other countries it is easier to buy with a credit card. many people who back down because they don't want to hand over their data
a big hello to all

[Nicole018 4548]

Credit card comes with lots of disadvantages to the users. Even though it features lots of offers and discounts to the users at the end of the day I think the users are going to lose more money than their actual benefits in terms of interest on outstanding credit and other tax payments. So it is advisable not to buy cryptocurrencies through credit cards there can be other fund procurement methods.

[mohamedpc1 2213]

I prefer to buy digital currencies using other methods, such as Bank Payeer, or deposit money via Perfect Money to the yobit  platform, and then buy the amount of Bitcoin you want without the need for Paypal or Master Card.Paypal can never be trusted, especially in the cryptocurrency space