6 Ways to Buy Bitcoin With Bank Card

6 Ways to Buy Bitcoin With Bank Card
  1. Wallet: To store your coins in a safe place.
  2. Bank card: A debit or credit card for transferring money.
  3. An exchange platform: in case you want to convert your coin into another, it is not required if you have chosen a multi-crypto wallet.
  4. ID card: For completing KYC, it may vary according to the platform, but mostly it is a passport, driving license, or national card.

Where can I buy bitcoin with bank card?

1. Buy bitcoin with bank card on Coinbase.

Good:

  • Easy to use for newbies.
  • Coins are instantly available in the account.
  • Exchange and trading features are also available.
  • The limit is very high. (So don’t worry if you are a big investor.)

Bad:

  • KYC is required for any movement.
  • It may track your deposit and withdrawal activity.
  • Not so many options are available for buying bitcoin.

2. Buy bitcoin with bank card on Coinmama.

Good:

  • The minimum limit is low.
  • Supports almost all countries.
  • You can buy other things besides bitcoin.

Bad:

  • Buying fees are very high for bank cards.
  • Only the following currencies are available: USD, EUR, GBP, AUD, CAD, and JPY.

3. Buy bitcoin with bank card on Bitpanda.

Good:

  • Best for the European region
  • The minimum is €50 worth of bitcoin.
  • There are many payment options available.

Bad:

  • The fee is still high.
  • Available only for the European region.

4. Buy bitcoin with bank card on bitcoin.com.

Good:

  • Support worldwide.
  • There is no need for an account.
  • The app is available on mobile.
  • Other currencies are available for direct purchases.

Bad:

  • Long buying process.
  • Only USD and EUR are available for exchange.
  • Support your own crypto wallet address.

5. Buy bitcoin with bank card on a Lumi wallet.

  1. Georgia (GA),
  2. New Mexico (NM),
  3. Hawaii (HI),
  4. Washington (WA),
  5. Oregon (OR),
  6. Vermont (VT),
  7. Florida (FL),
  8. Alabama (AL).

Good:

  • No KYC is needed.
  • Support all countries.
  • simple to use.

Bad:

  • Restrictions in some of the US states.
  • Govern by Changelly exchange.
  • Sometimes it takes a long time for the coin to appear in the wallet.

6. Buy bitcoin with bank card on SwitcHere.

Good:

  • Available in all countries
  • You will receive bitcoin in your given wallet.
  • best for some Asian countries.

Bad:

  • Transactions per day are down (5/day).
  • Fees are high. not for the USA, China, Japan, and more countries.

Conclusion: Buy bitcoin with bank card.

Abhishek Rajbhar Avatar

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