Are you looking for options to Buy Bitcoins from Uk with your Credit card? Is it safe to buy bitcoin with your credit cards online? Know all the possible ways to buy bitcoin from the United Kingdom.
An increasing number of people these days are using an innovative payment method known as Bitcoin. This virtual or digital currency has been in use for more than a decade. When Bitcoin was launched in 2009, it was very difficult to buy this currency and people using credit or debit cards had to face many problems.
Nowadays, a large number of exchanges are accepting credit cards to buy Bitcoin and thanks to the bitcoin brokers like Coinmama (all across the world) and Coinbase (in Europe, Canada, UK and USA) that buying bitcoin with credit card is an easier task now.
Discussed here are 11 ways to buy Bitcoin with a Credit card that you may not be aware of.
Coinmama Coinmama: [Best Ways To Buy Bitcoin With A Credit Card From Uk]
Coinmama is one of the top leading crypto currency platforms that use a number of ways to buy Bitcoin like debit cards, bank transfers and credit cards. It already has millions of users all across the world and its popularity graph is still soaring high.
You would be charged 4.9-5.9% as a processing fee of your credit card payment. The broker offers a relatively high limit of buying bitcoin daily which is the reason why most of the people choose to buy it. They can buy up to $5,000 worth of the bitcoin each day or $20,000 worth of bitcoin each month. Process of both buying and selling Bitcoin is easy in Coinmama. In a few minutes of verifying their accounts, buyers can expect to receive bitcoin.
- Coinmama is a trusted name for years and works in all almost all the countries.
- You can buy more Bitcoin a day. It has set the highest limit to buy Bitcoin.
- Highly trusted.
- Highest fee of Coinmama is a dampener.
This crypto currency broker or crypto currency exchange unit offers a quick and a safer way to buy digital currency from anywhere. The site is legit and it never holds its customer funds and do not store their payment information. Users can make use of any third-part wallet of their choice to have a total control over their bitcoins. Overall, it is a good and dependable service!
CEX.Io: [Best Ways To Buy Bitcoin With A Credit Card]
CEX.io is another trusted Bitcoin broker that accepts credit/debit card for buying bitcoin. It is the most trusted and the oldest Bitcoin broker that offer its services in Europe, United States and in South America etc. One of the hitches of using CEX.io to buy bitcoin with credit card or any other payment mode is that it has an extensive verification process that takes about half an hour to complete.
They have a policy of offering compensation to their users.
- Low trading fee which is mere 0.2%
- Oldest and the most trusted bitcoin broker
- Supported by many regions and countries.
- Offers compensation to its users
- Lengthy and cumbersome verification process that requires more personal information and a photo identity. So, users have to wait for about 30 minutes or more to buy bitcoin.
CEX.io provides protects to its users under a Level II DSS certificate which means it has security to store, process and transmit payment card data. It is super easy to use and has a great customer support service.
E-Toro: [Best Ways To Buy Bitcoin With A Credit Card]
E-Toro is an advanced and highly professional bitcoin exchange unit that has fetched positive reviews by users. It offers a highly progressive crypto asset trading experience for the algo traders and for the seasoned crypto traders.
The platform charges a low trading fee which is 0.03% merely. It is easy to buy and sell bitcoin here and the platform is just an apt one for price speculation.
- Highly intuitive user interface
- Accepts multiple payment methods
- Offers additional investment products as well.
- Low trading fee
- Limited availability in the United States.
E-Toro is well-regulated. It is absolutely safe and secure. It makes every possible effort to protect its investors. Overall, it is good, dependable and charges a low trading fee.
Bitpanda: [Best Ways To Buy Bitcoin With A Credit Card]
This Australian start-up deals not only with the purchase of crypto-currencies with a credit card and a lot of other modes like Neteller, wire transfer, SEPA etc. It offers its services to a number of European countries.
Bitpanda offers new users an easy and fast way to explore digital assets and buy bitcoin with a credit card and a number of other payment modes. Users can choose to buy crypto currency and their digital assets in minutes. Service is available to the users 24 hours a day and hence reliable.
Security is very important when dealing with Bitcoin. Bitpanda ensures that the transaction is absolutely 100% safe and they make of the state-of-the-art technology for the same.
- Multiple payment options are available
- Very low trading fee
- Not available all across the world
- The fee is not explicit
The service offers a number of broker tools so that users can easily access it. The service is adding a number of new features constantly. The company is reputed, fast and offers a very low trading fee though it is not available everywhere.
Coinbase: [Best Ways To Buy Bitcoin With A Credit Card]
Coinbase is one such dependable platform for both selling and buying bitcoin with credit card. It is high trusted and valued by its users. It is a beginner-friendly platform and the most convenient place to sell the crypto currency. It has over 30 million customers all across the world and charges a very nominal convenience fee of 3.99%. When you buy over $100 Bitcoin from Coinbase, you receive a bonus of $10 Bitcoin.
- Relatively very low fee
- Very easy to use and beginner friendly
- Accepts wide variety of payment options.
- Poor support
- Users do not control their private keys and their accounts are monitored.
Coinbase is a legit bitcoin exchange broker. It has high profile investors and its team is highly regulated. The US-based crypto currency exchange unit is trading with over 30 crypto currencies. Also, it offers a number of attractive security features.
Binance: [Best Ways To Buy Bitcoin With A Credit Card]
Binance operates the biggest bitcoin exchange. It is a safe exchange that enables the user account protection with the help of 2-factor authentication. The bitcoin exchange system is ultra-secure and safe. It is easy and efficient and offers you 24X7 support to its users.
The platform is trusted by millions of people all across the world. The Binance platform deals with incubation, decentralization and with the infrastructure solution also apart from dealing with Bitcoin exchange.
- Enjoys a high reputation
- Available world-wide
- Highly popular trading platform
- It has a slow verification process
- Poor customer care support.
Binance is a well-known name in the trade market. It is considered to be a safer bitcoin buying option as it allows a complete user account protection via two factor authentications. It has a great reputation and charges a low fee.
This highly popular marketplace for selling and buying Bitcoin offers its users convenience of making payment through multiple modes. Buyers can buy Bitcoin with credit card from there. Each trader at the Bitcoin enjoys a very good reputation. Also, the Bitcoin makes use of an escrow service which ensures a complete safety of the buyers.
LocalBitcoins has a customer-care support team which is ready to answer any type of questions or resolve any type of questions that you may have in mind.
- User-friendly interface
- Wide variety of sellers.
- Higher fee for credit card purchases
LocalBitcoins is good bitcoin broker and a much sought after place where you can buy bitcoin with credit card. However, higher fee of the platform keeps the user at bay. If you are buy bitcoins from here using credit card you can be scammed.
Coinhouse: [Best Ways To Buy Bitcoin With A Credit Card]
Coinhouse is a highly reputed company and has a high buying limit which entices the users. It has an easy to use interface and managing your investment becomes all the easier with Coinhouse. It is easy to buy and sell crypto currency here.
The company has been serving customers 5 years down the line and has a good number of happy and satisfied customers. All crypto currency purchases made by using a credit card have 3.49% fee and you need to pay this fee no matter you have premium or platinum membership with the company as a user of its services.
- Easy to use interface
- Accepts both credit as well as debit cards
- Transactions are quicker and smoother
- Trading fee is relatively high than the other exchanges.
Coinhouse is an easy to use platform both for buying and selling crypto currencies. It is not a scam and has been in operation since 2014. It is a great choice for those who are seriously involved in crypto currencies. It primarily serves European customers.
Indacoin: [Best Ways To Buy Bitcoin With A Credit Card]
This UK based company is another trusted source for buying Bitcoin with a credit card. It offers the set limit of buying bitcoin for $500. After a fortnight or so the limit goes up to $2000 and after a month there are absolutely no buying limits. If you want to use buy bitcoin with credit card, you need to verify your phone number and your credit card statement. The highly dependable bitcoin exchange provides services like buying, selling and withdrawing of crypto currencies.
The only drawback of using Indacoin to buy bitcoin with credit card is its high processing fee. It is a fast, safe and secure way to buy bitcoin.
- Good customer-care support
- Available all across the world
- Safe and secure platform
- High processing fee.
Indacoin is a legit bitcoin exchange but not so good way to buy bitcoin with credit card or with any other payment option. Though the platform is safe but it should be used only in the case where you need to buy Bitcoins and do not have identity verification in hand.
Coincorner: [Best Ways To Buy Bitcoin With A Credit Card]
If you want to buy bitcoins in UK and Europe quickly and easily with credit or debit card, you can choose CoinCorner. You can also get compensated for buying bitcoins from them. Coincorner serves several countries all across the world and does not need any verification. The fee is also competitive. It has a supporting mobile app also. User-interface is friendly and can be used by anyone easily.
A simple and easy sign up process and you can use it as soon as you make an account in it. Another benefit of using CoinCorner is that it accepts multiple payment methods like debit card, credit card, bank transfer, Neteller and SEPA etc. To buy bitcoin with credit card is as easy as cakewalk with Coincorner and you do not need documents for the same.
- User-friendly interface and a supportive mobile-app.
- High processing fee
- Not available world-wide.
Though CoinCorner costs you more than the other services, it is trusted for its good customer support. They charge non-competitive fee. It has easy to use interface and used by high profile investors only. A safe place to buy Bitcoin with credit card and other payment options!
Best 11 Ways To Buy Bitcoin With A Credit Card – FAQs
When you want to buy bitcoin with credit cards there are a number of questions that you have in mind.
How do you buy Bitcoin? What is the process?
To buy Bitcoin, first of all you need to download a bitcoin wallet. This is the place where bitcoins are stored and you can then use this wallet for trading or spending. You can make use of other payment methods like bank transfer, credit card and traditional payment methods etc.
Is Bitcoin Worth Buying?
High-liquidity linked up with Bitcoin makes it a great investment. It has a high-market demand and in the time to come, Bitcoin would be the trend.
Should I buy Bitcoin? Can hackers use Bitcoin?
It is easy to buy bitcoin with credit card and a number of other payment methods. However, it is important to remember that it is just a digital currency which is transferred from one bank to another and bank is not involved in it. The currency is unsecured because it is not insured by the Government bodies. Most of the hackers use bitcoin due to its anonymity.
What Payment Options Do Bitcoin Exchange Accept?
Bitcoin exchange accepts a number of payment options. It is not only credit card using which you can make payment. You can use debit cards, bank transfer or even wire transfer to buy Bitcoin from them. The exchanges also accept Visa card payment.
When Should I buy Bitcoin?
One of the main questions that most of the people want to know is when to buy bitcoin or is it the right time to buy Bitcoin. Though there is no good or bad time of buying bitcoin. If you want to deal with Bitcoin, you need to know the trading techniques and strive hard to time the market to gain the maximum benefit.
From Where Bitcoin can be bought?
There are Bitcoin exchanges where you can buy, sell and withdraw bitcoin. But, you have to put on certain amount of research work to find the trusted source only. Each of these Bitcoin has different set of rules, different payment methods and different fee etc. You can choose the one with low processing fee or choose the one that can accept multiple modes of payments or go in for the one which is easy to use.
Also, certain bitcoin exchanges offer higher buying limit per day and some have a good reputation in the market. You can choose to buy bitcoin with credit card from anywhere according to your need. A trustworthy and experienced source for buying bitcoin can give you the best deal.
Gone are the days when buying bitcoin with credit card or with any other payment option used to be really difficult, thanks to a number of bitcoin brokers that are readily available to serve you. But, if you want a legit and trusted service it is good to do certain amount of research work before you choose the best one for yourself. The older and highly reputed units are dependable.
Each bitcoin exchange should be tried with a small amount till the time you get the one that fits in your requirement. Once you have found a trusted source, you can make all the future transactions with it.