How To Buy Bitcoin Instantly

By March 7, 2016Bitcoin Business

One of the things a lot of digital currency enthusiasts are looking for is a convenient way to buy Bitcoin instantly.Depending on which country the user is living is, this can be achieved in a multitude of ways. Convenience plays a big role in this regarding, and some of the examples listed below are very flexible regarding accepted payment methods, ranging from instant bank transfers to credit cards, and even cash.

Alos read: Block Size Consensus Hinges On Bitcoin Miners Input Buy Bitcoin Instantly From Exchanges

Although the word “exchange” might not immediately come to mind when people consider how to buy Bitcoin instantly, there are some platforms which allow this type of transactions. The most obvious example is Coinbase , as they allow users to make instant purchases with their credit and debit cards, although the feature is only available in 26 countries right now.

Using a credit or debit card removes the need for Coinbase users to pre-fund their account balance with a bank transfer, allowing for far smoother and faster purchases. Before one can use this feature to buy Bitcoin instantly, however, the user will need to have a verified Coinbase account, and enable the feature in their account settings. Additionally, only Visa, Mastercard, and Maestro cards are accepted [at the time of publication]

Circle is a different kind of Bitcoin exchange, although they are specialized in buying and selling Bitcoin as well. People looking to buy Bitcoin instantly will be able to do so through the Circle platform, although they only seem to support debit cards for the time being. Depending on the user’s verification level, they can buy Bitcoin instantly for up to US$3,000 per week, which is quite a high limit. Unfortunately, this platform is not accessible to customers all over the […]

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