Reason for buying bitcoin with credit card is not easy

[BTC Future 3946]

3 hours ago, Saboor said:

But what about those using bitcoin as a payment method on the dark web. What will be their fate in future?

Some really good security experts can hide and noone will ever find them. But most of the rest are found. The silk road founder when he was arrested he did give to the agents all the Bitcoins and FBI had them auctioned. I think it was Tim Draper that bought all of them. Usually the feds don't prosecute users just for buying drugs. There must be a more serious crime to hunt them. They do hunt the websites in tor though.

[Captain Karim 0]

In addition, in many countries the purchase of cryptocurrencies is not permitted, and people in these countries may be subject to a legal question.

Therefore, members should pay attention to these laws.

[Rezort 846]

Well, countries that allow its population to buy bitcoin directly with their cards definitely win on the cryptocurrency market because they could really take the best part of this market.

[Alex9876r 1408]

Recently I read a news story and I could not verify its authenticity that Paypal has added Bitcoin to its currencies, and if all of this is true, it is an excellent step as it has 300 million participants in it. In fact, every matter that needs transfers, cuts and other transfers between sites is annoying and causes confusion and error. But for example, Ubeat, by listing the US dollar, has been shortened so much that it can be bought using Payeer Bank..

[Dorjoy12 8962]

I dont support the method of buy crypto currency by credit card because if you use your credit card in wrong exchange site then there has a chance to lose your Privacy.. So whenever you going to use your debits card for buy crypto then you must need to be aware..               

[Izeal 4404]

46 minutes ago, Dorjoy12 said:

I dont support the method of buy crypto currency by credit card because if you use your credit card in wrong exchange site then there has a chance to lose your Privacy.. So whenever you going to use your debits card for buy crypto then you must need to be aware..               

But you can use your card on coinbase and binance because they are very trusted and secure. Buying with credit card is very easy but the fees are very high. Never go for insecure wallets because they gonna attract with 0% fees on buying crypto with your card but they gonna leak your privacy.

[bino 3576]

Thank you for this information mate. The reason because other countries still prohibit using bitcoin and buying bitcoin using credit card is very hard since it might reside to the country who prohibit bitcoin. Other websites who you can buy bitcoin is a bit risky because it might scam you. 

[kryptonick 2659]

From what I read paypal is planning to have a bitcoin exchange on their wallet so this may change a lot. It has not been an announcement from them yet but it is expected when they develop their application and add the coins they will allow to trade.

[Mwangi 5611]

I have been wating for a bout a whole month for a transaction to come a transaction of 200$ that came from a sale of bitcoin, there is a hold on paypal for the payment to be complete it takes a while and so its important that we are all able to wait and its true this is one of the safest way to avoid scams

[Irungu 4299]

I like the word safetly in your statement @shalloncot this is the most important aspect in any trading sphere and we are all engendered to work with it and as hard so we dont lose ourselves so thanks for that and God bless you

[Digital 387]

I will require you to make more research on this issue because if one can not purchase Bitcoin with credit card or PayPal then what is the efficient or best way to purchase Bitcoin? I know of a trusted site where you can buy different crypto currency with your credit card.

[BraveHeart01 1569]

Did you just said that we can simply reverse the transection if we have bought cryptocurrency with debt card ? I don't  think it is possible  because if it is no one will give this services. 

[Guru2050 8284]

That's your views and with utmost respect I sense some truth on it, but as matter of fact I personally do engaged on that kind of transaction with a popular, trusted and tested, a very reliable exchange site almost every month. All most all the payment made done is via credit card and some times direct bank transfer just as the condition warrant. And am comfortable with that, the only thing is the fees.

[yonkii 3205]

I know how credit cards work but I don't think that chargeback is the correct term. Some credit cards have that but only a few. What credit cards and debit use is called refund. Perhaps you are talking about a dispute though which is when a customer thinks that his card was used without him accepting it and the bank asks for the money to be returned. 

[TimopheyKa 3900]

In fact, there is nothing complicated in this, the main thing is to choose the right exchanger for yourself, and everything will be fine! But one problem is that the Commission is too high, so sometimes you should use digital wallets. Well, in General, everything is for an Amateur!

[Mella 3680]

I am not think this is so easy as you are explain it. This is credit card fraud. If you are not make this transaction but someone else you can call your bank and talk about someone fraud with your card. But if you do that and you are still bought the Bitcoin then you are the fraud and do not think that the bank will not find out, you can go to prison if you do this.

[williamjones 57]

The main fact is credit card just isn't an easy task to acquire bitcoin as you start to see the bitcoin restrictions of several nations around the world usually are not approved from the governance of many nations around the world that is why it isn't effortless acquire or perhaps promote bitcoin.

[johnybenson 24]

On 2/4/2020 at 3:29 PM, 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.

well that's why I am still using p2p  and you know in p2p i can sell my USDT on high price as well. So it has more benefits. 

[Omranoura 171]

Well, this depends on the country in which you reside as the banking system is not universally standardized as you know .. for example in a country like Turkey, you can use Bitcoin just as you use the dollar and the euro.

[Zeshan Khalid 2577]

Due to the crypto currency not being popular in many countries due to their laws and regulations credit card users are bkt reluctant to buy bitcoin through it

[JoelLeal21 8]

No, the truth is not easy but it is not complicated either, but I recommend buying bitcoin without a credit card, it is better to buy them with another online wallet type uphold.

[RingOfSaturn 34]

Previously, he used the AdvCash service to enter money into the exchange, including from a credit card. There were no problems.

[fpank 115]

On 04.02.2020 at 15:21, Maxtron73 said:

Что ж, я думаю, что только некоторым странам нелегко покупать биткойны и криптовалюту с помощью вашей кредитной карты, поскольку их страны не позволяют вам это делать.

 

Нужно читать условие пользования кредитными картами. Каждый банк ставит свои ограничения на использования кредитных средств 

[lyudkic3008 30]

Yes, it is currently impossible to buy bitcoin from the card, as not all countries recognize its currency.  But this can be done with the help of online exchangers, but this requires KYC identification.

[Tamerhassan2040 30]

Yes, indeed, this topic is very correct and there are many fraudulent sites through which you may be exposed to the burglary of your credit card balance, so please be aware of the ban in the use of credit cards