Buy bitcoin using prepaid debit card

We all know Bitcoin wasn’t as popular back in 2011-2012, but now, since the crypto madness has caught everyone, everyone wants to know about Bitcoin and also wants to own a piece of it if not one whole Bitcoin.

The best part is, it has become effortless to buy BTC compared to the initial days.

Now you can buy Bitcoin for cash, for a bank transfer, for gift cards, via credit/debit cards and also with prepaid cards.

And to your surprise and mine, many people want to buy BTCs with prepaid cards.

That’s why for those of you who don’t know what a prepaid card is, here is a simple explanation:

A prepaid card is very different from a bank account debit card.

A bank account debit card is linked to your checking account.

A prepaid card is not linked to a checking account.

Buy and sell bitcoin with Prepaid Debit Card.

Now you can use Prepaid Debit Card for buying and selling Bitcoin instantly and securely with Paxful. See the list of all offers with Prepaid Debit Card.

Get cash delivered right to your door or arrange a pickup at an agreed location nearby.

Trade in your bitcoin for hundreds of different digital currencies of your choosing.

Sell your bitcoin for up to 50% off gift cards from iTunes, Amazon, and many more of your favourite vendors!

Send funds to your bank account, PayPal account, or to friends and family anywhere in the world.

Use your bitcoin to purchase necessities like groceries, appliances, credit, and virtually anything else.

Buy bitcoin by making a transfer from your bank account to a bitcoin vendor on Paxful. Once they receive the funds, bitcoin is sent to you.

Looking to buy Bitcoin with a prepaid card? Well, read on.

Though not the most common way of getting a hold of your favorite crypto, many places who accept Visa and Mastercard also accept this option. Prepaid cards are somewhat different than normal debit cards, because they’re typically not linked to bank accounts. Many banks provide overdraft facilities for traditional debit cards meaning that you can, in effect, use them as credit cards.

Prepaid cards on the other hand only allow you to buy goods or services with money you actually have. You may wonder why people use them in the first place, but consider this man who decided to take out an equity loan on his house to buy around 191 Bitcoin last year. If it wasn’t clear before, it should be now – buying cryptocurrency on credit is a risky business!

In the early days, getting ahold of some Bitcoin was a bit trickier.

Buying bitcoins via credit and debit cards is one of the most popular and convenient ways to purchase Bitcoin.

Convenience can come at a price, as most cryptocurrency exchanges will charge around 4% for card purchases. If delivery speed isn’t a factor, consider using a bank account to save on fees.

Here are some of the best exchanges we recommend that allow for purchasing of Bitcoin with a credit card.

After reading about each exchange and you’ll be able to decide which one is the best for you.

Then, once you’ve decided which exchange to use look towards the bottom of this page for step by step guides on using each exchange.

Coinbase (review) is one of the most reputable Bitcoin exchanges in the world.

Buying Bitcoin with a debit card has become relatively easy in the past few years with the introduction of anti fraud systems for Bitcoin exchanges. However, these systems are quite expensive to operate and therefore exchanges will usually charge a premium for buy Bitcoin with a debit card.

The fastest way to buy Bitcoin with a debit card would be through Coinmama. Here are the steps:

If you’re looking for additional options here’s a complete list of exchanges that allow Bitcoin purchases with a debit card.

If you want a summarized review of each exchange with its pros and cons keep on reading. Here’s what I’ll cover:

Using your debit card to purchase Bitcoins isn’t as easy as it sounds. Some exchanges are afraid of fraud and therefor don’t accept debit cards.

If you’re interested in how to buy Bitcoin with a prepaid card, then you will be glad to know that many platforms who accept Visa and Mastercard offer this option.

Prepaid cards are different from debit cards, as they are not linked to your checking accounts. Prepaid cards allow you to buy goods or services with money that you loaded on the card beforehand.

Even if this method of acquiring Bitcoins is not the most popular, there are a few services that enable you to buy the coins using prepaid cards. Below we will be listing a few of these services:

Coinmama is an exchange based in 2013 which currently operates from Slovakia. It was among the first exchanges to have a debit and credit card option for purchasing BTC.

Luckily, companies like Coinbase (USA, Canada, Europe & UK) and CoinMama (worldwide) have made the process smooth and fast.

Below, we’ve listed 5 proven exchanges for buying bitcoins with your credit card.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

How to buy? See our step-by-step guide!

With CoinGate, you can buy Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple and other coins using a range of payment methods. Other than credit card and debit card payments, we support EU SEPA bank transfers, direct bank transfers in Asia, mobile credit, and integrated options such as Skrill and QQpay.

CoinGate sources its prices from the largest exchanges, giving your the real-time market rate. Our pricing is transparent, without hidden fees or margins – CoinGate always displays the commission rate charged. Getting started with our platform is simple and convenient.

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