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Customers in the United States are a bit spoiled when it comes to buying Bitcoin these days. Various exchanges allow for quick and easy conversion from fiat to digital currency, and both Circle and Coinbase are two of the main sources where people buy Bitcoin. Every single one of these platforms has its advantages and drawbacks.
Also read: What are Bitcoin Debit Cards Circle – Variety of Payment Methods And Low Fees
There are a few defining factors which separate exchanges from one another, and Circle is one of those platforms where low fees are a main point of focus. Anyone registering for Circle can use their account free of charge, even when it comes to adding fiat currency funds to the account balance.
This brings us to another area where Circle sets itself apart from Coinbase, as the exchange platform accepts wire transfers as well as credit and debit card transactions to add funds to the account balance. While there are various reasons as to why a combination of Bitcoin and reversible payment methods can be a very bad idea, Circle is willing to take a gamble, as users can even buy Bitcoin with their credit card without having to verify their identity, although a maximum purchasing limit will be imposed.
Remaining on the topic of the Circle account services for a minute, users can both send and receive money to and from friends directly with a debit or credit card. Do keep in mind a third-party fee will be added to the credit card transfer, as Circle is not processing these transactions themselves. Additionally, mobile devices can be used to send and receive funds, as the Circle app is available to both Android and iOS devices.
International users have access to the services provided by Circle […]
