Finance

Best Exchanges To Buy Bitcoin With Debit Or Credit Card

1 Mins read

Bitcoin has now become one of the biggest mainstreams but the main problem that the users are facing is buying the Bitcoins instantly since many Bitcoins exchange requires you to have a Bitcoin wallet. But thanks to some legit Bitcoin exchanges that have now started to accept credit and debit cards as a method of payment for Bitcoin. Generally, it was observed that many Bitcoin exchanges accept many payment options but reluctant to accept payment with credit or debit cards because of the irreversible nature of the Bitcoin. 

Many people are not aware that they can buy Bitcoin with debit card or credit cards. Buying bitcoin with a debit card is quite popular than that of the credit card since every credit card has a credit limit. However, if you want to buy with a credit card you have to check with your credit card service providers since some banks such as Bank of America, CitiBank, Chase, etc. have stopped allowing its users to purchase Bitcoins with credit card s because of the volatility of the market.

Some of the popular Bitcoin exchanges that allow its user to buy Bitcoins with both debit and credit card are Cex.io, Coinmama, Binance, CoinBase, Bitit, Wirex, etc. Cex is one of the most trusted companies to buy Bitcoin with credit or debit cards. This company has been around for many years and it needs 1-2 days for card verification and once your card is verified you can purchase bitcoins instantly with a credit card or debit card. Coinmama is also another good option to purchase bitcoin with credit or debit cards. However, it does not offer a Bitcoin wallet and it requires you to add your Bitcoin Wallet address. The third best exchange to buy Bitcoin is Binance which offers you to buy bitcoins with Visa or Master card instantly.