If you want to buy bitcoin instantly, there are a few options available. You can use a credit or debit card, PayPal or even a cash deposit at a Bitcoin ATM.
Buying with a credit or debit card is a great option for both beginner and advanced investors, since it’s convenient and safe. However, you should take some extra precautions when using your credit card to purchase cryptocurrencies.
Crypto exchange Coinmama
Coinmama is an exchange geared at beginners who want to make small purchases of cryptocurrencies. Its ease of use and convenient credit card purchase method make it a great choice for people who are new to cryptocurrency.
You can buy bitcoin instantly with a credit card at Coinmama. After you verify your account, your purchase will go directly to your crypto wallet address and be processed immediately.
In addition to this, Coinmama also offers a number of security features that will keep your funds safe. The company never stores your coins or payment information, and it’s regulated as a money service business by FinCEN, which means it must maintain the highest levels of security to ensure that customers’ funds are safe.
In terms of fees, Coinmama charges a spread and commission as well as a transaction fee for certain payment methods. Compared to other exchanges, this is expensive, but the exchange offers a number of rewards and discounts for loyal users.
Crypto exchange Kraken
Kraken is one of the most established crypto exchanges, founded in 2011. It has millions of users across 190 countries. Its low trading fees, a wide range of coins, and advanced features make it a great choice for both beginners and professionals.
The exchange also has a spot trade option, which allows you to buy crypto instantly at current prices. This feature is a great way to get started with crypto, and can help you learn the ropes before moving on to more complicated trading strategies.
Like Bybit, Kraken offers a great selection of cryptocurrencies, and its customer service is top-notch. It is also a safe and secure exchange, and it charges low fees for trading.
Crypto exchange Binance
Binance is a leading cryptocurrency exchange with millions of users around the world. It makes buying and selling crypto easy, secure, and risk-free. It also offers 24/7 live chat customer support in eight languages.
You can buy crypto on Binance in a number of ways, including credit/debit cards and cash balances. To start, log in to your account and click the “Buy Now” button.
This option will automatically show you a list of sellers based on your preferences and payment options. Once you select a seller, you will be asked to send the fiat currency you want to buy with.
Once the payment has been confirmed, you will be notified that your Bitcoin is being released and will appear in your Binance P2P wallet. You can then transfer it to your spot or any other wallet you wish.
Crypto exchange Bybit
Bybit is one of the most popular cryptocurrency exchanges, offering a simple and safe way to buy bitcoin instantly. It also allows you to sell your crypto for fiat and use it to pay for everyday purchases like travel, gift cards, and more.
The company’s mobile app is a good option for beginners, as it has a clear and intuitive interface that makes it easy to buy, sell, and store cryptocurrencies. It also offers a range of payment options including credit cards and bank transfers.
Sign up is free, but you will need a valid government ID and photo ID for verification. Once verified, you can link a debit or credit card to your account.
You can then buy up to 15,000 USD of Bitcoin using a credit or debit card per month. However, the daily limit with a verification card and account is 5000 USD.
Fees are not publicly listed, but they can add up depending on the amount of bitcoin you buy. For example, Bybit https://www.bybit.com/en-US/ charges a $0.99 variable fee for buying up to $10 worth of cryptocurrency. It also charges a spread mark-up for trades above $200.