If you’re a crypto enthusiast, buying bitcoin with a debit card can be a convenient and easy way to get started. However, there are bitcoin prognozy to keep in mind before you start using your credit card for cryptocurrency purchases.
The process of buying bitcoin with a credit card is usually quite lengthy, and involves multiple parties. Moreover, you might be subject to a number of extra costs and disadvantages.
Cryptocurrency exchange Coinmama
Coinmama is a cryptocurrency exchange that allows you to buy and sell coins with fiat currency, such as a credit or debit card. It also offers instant delivery, making it one of the easiest ways to get started in the crypto space.
Coinmama is regulated and secure, so there is no need to worry about hackers stealing your credit card information. In fact, they have never lost any of their users’ funds, even after a data breach in 2019.
The site uses full encryption technology to secure your personal details and uploaded documents, so it is safe to use. It also abides by GDPR data protection regulations, which are stricter than U.S. data regulations except those in effect for California residents.
The platform also features a fast-track verification process and a high spending limit. You can buy up to 30,000 USD at a time, and you’ll receive your coins within minutes once the payment is completed.
Cryptocurrency exchange Bitstamp
Bitstamp is one of the oldest and most popular cryptocurrency exchanges in Europe. Founded in 2011, it has a strong reputation for security and has formed connections with financial institutions across the globe.
Its website has a simple interface that includes charts, buy and sell orders, and market depth information. It also offers several order types, including stop, market, and limit orders.
In addition, the site has a mobile app for iOS and Android devices. It also has a web-based trading platform called Tradeview, which is available to both beginner and advanced traders.
Bitstamp has a solid reputation for security and has developed a number of best practices for crypto exchanges, including cold storage of assets and multisig wallets. It experienced a hacking incident in 2015, but has since improved its security and introduced complex verification procedures. It has also added two-factor authentication to its accounts.
Cryptocurrency exchange Binance
Binance is one of the largest crypto exchanges, offering an extensive range of trading options. This includes buying, selling and trading over 600 different cryptocurrencies and virtual tokens.
Moreover, Binance also allows its users to stake cryptocurrencies for interest. The platform also provides a crypto wallet that can be used to store your cryptocurrencies safely and securely.
Another major draw to Binance is its low fees. Its spot trading rates start at 0.1 percent, and its futures trading fees are even lower.
The pricing structure is a bit confusing, however. Traders have to choose between a spot and futures option, and the spot rates are based on their 30-day volume.
Binance has a VIP level system that reduces spot rates for high-volume traders. Traders with a VIP level 9 can get spot rates as low as 0.02% / 0.04% for maker and taker orders, while futures prices are 0.00% / 0.01%.
Cryptocurrency exchange Bybit
Bybit offers users the ability to buy and sell a wide range of assets including forex, stocks, commodities, indices, and crypto. It also offers an innovative copy trading feature that allows traders to automatically replicate the trades of experienced investors.
The Bybit trading platform is available for use on desktop, tablet, and mobile devices. This makes it easy to access the platform on the go and gives users instant access to market data.
In addition, Bybit supports a variety of deposit and withdrawal methods. The easiest method is to link a bank account, but wires and other electronic transfers are also supported.
Bybit https://www.bybit.com/en-US/ has an excellent reputation for customer service. Customers can get help by email or a support ticket. The company also has a large volume of FAQ articles, and there are also chat features through its help center.
