Using a credit or debit card is a very simple way to buy Bitcoin. More and more investors involved in crypto are choosing this option. Recently the CoinCasso cryptocurrency exchange has also implemented this feature. Therefore, today we will explain step by step how to buy Bitcoin using a credit card on this platform.
Why use this option?
Buying Bitcoins based on a credit card brings many benefits. First of all, it is a simple and immediate form of payment. It is suitable for professional traders and beginner investors. The transaction is carried out without any delays, which is important for users.
Often, on a cryptocurrency exchange, the process of buying a cryptocurrency is difficult. It scares newcomers to the industry who cannot cope with this procedure. Therefore, credit card payments, which are simply very easy to use, solve this problem.
Security is also an issue that can convince you to use your debit or credit card when buying Bitcoin. Because this method finalizes the transaction very quickly, there is no fear that it will be vulnerable to hacker attacks. The bank transfer itself can take several days, which increases the risk.
Where do I start?
CoinCasso has recently introduced this affordable form of a deposit to the crypto exchange platform. If you want to use it, make sure that your account on the platform is verified. This is a necessary process because it secures all transactions. KYC itself is very easy and takes a few minutes. A new, instant deposit form using credit cards is available in EUR.
The cards you can use are VISA and Mastercard. Transactions can start from 50 EUR. The commission that CoinCasso charges are only 3.5% – very little compared to other crypto exchanges. Coinbase charges as much as 3.99% for this service. When you want to invest in Bitcoin, it’s the best way to buy this crypto.
How to do it?
How do I buy bitcoin with a credit or debit card at CoinCasso? Here are some points that will explain this simple procedure to you.
a) In the main panel of the exchange platform, click on the “Wallets” tab.
b) You will be taken to the “Your wallets” page, where you will find information about your funds.
a) If you are already in the “Your wallets” tab, you will see a list of available currencies on the left.
b) Choose EUR.
c) On the right side of the panel you will see 3 options to deposit funds.
d) You are interested in the option called “Credit Card”. Click on it.
e) If this option has been selected properly, the green “✔” should appear in the top right corner.
a) After selecting the credit card deposit option, information about this method will appear at the bottom of the page.
b) Read them carefully.
c) Please note that the minimum deposit amount is 50 EUR and the maximum is 5,000 EUR. The commission is 3.5%.
d) In this section “Information about deposit” you can enter the amount you want to deposit into your account.
a) If you enter for a small amount, the “DEPOSIT” button will not be available to you.
b) In this case, you must enter a larger amount
a) If you enter more than EUR 50, the “DEPOSIT” button will be available to you.
b) Click on the blue marking which will redirect you to the next deposit.
a) Here you are in the panel where you choose the type of card you want to use.
b) You can choose between many different VISA or Mastercard options.
c) Choose the option that is right for you.
a) After selecting the appropriate tab, you will be redirected to the panel where you should enter the data.
b) The correct data on your card.
c) This is the last step, click the “Pay Securely” button and wait for the deposit confirmation.
Using a credit or debit card to deposit funds on the CoinCasso platform is a really good option. It is worth using such solutions when buying crypto because this solution is extremely simple and safe. So don’t wait! Create an account on CoinCasso and try to buy bitcoin with a credit or debit card!