RE: what is the best way to buy Bitcoin?
To Buy bitcoins with a credit or debit card used to be REALLY hard.
Luckily, companies like Coinbase (USA, Canada, Europe & UK) and CoinMama (worldwide) have made the process smooth and fast.
Coinbase is the best way to buy Bitcoin
Before we start:
You’ll need a Bitcoin wallet before you buy since some exchanges require one.
Coinbase is the world’s largest Bitcoin broker.
At Coinbase you can buy up to $150 or €150 of bitcoin per week instantly with a credit or debit card in:
the United States
Canada
Europe
United Kingdom
Australia
Singapore
Coinbase charges a flat 3.99% fee on all purchases via credit or debit card, which is among the lowest for European and US customers.
Get $10 or €10 worth of free bitcoin when you buy more than $100 or €100 worth through this link.
A quick step-by-step guide on how to buy bitcoins with credit card on Coinbase:
- Create account. Open your account on Coinbase.
- Connect credit card. Add your credit card to your Coinbase profile
- Verify ID. Verify your ID with Coinbase.
- Buy bitcoins! Buy bitcoins using your credit card.
Want to buy on Coinbase? This guide will show you step-by-step in more detail how to use Coinbase.
PROS
High liquidity and buying limits
Easy way for newcomers to get bitcoins
“Instant Buy” option available with credit card or debit card
CONS
Purchases made with bank transfer can take up to 5 days to complete
Coinbase may track how and where you spend your bitcoins
Ease of Use: Easy
Privacy: Low
Speed: Average
Fees: Average
Reputation: Trusted
Limits: High