Buy Bitcoin with a Debit Card

Summary

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

  1. Decide on a deposit amount
  2. Complete the id verification process
  3. Enter your Bitcoin address
  4. Complete the payment with your debit card
  1. CEX.io
  2. eToro
  3. Coinbase
  4. Bitpanda
  5. Conclusion — Is it Safe to Buy Bitcoins with a Debit Card?

1. Where Can I Buy Bitcoins with a Debit Card?

Using your debit card to purchase Bitcoins isn’t as easy as it sounds. Some exchanges are afraid of fraud and therefore don’t accept debit cards. However, many exchanges have started implementing services to detect fraud and are more open to credit and debit card purchases these days.

2. CEX.io

Pros: Enables buying bitcoins with credit card for low fees, Reputable company, high buying limits,

3. eToro

Pros: Suitable for beginners, great support, Free stock and ETF trading, Seamless account opening, Social trading experience

4. Coinbase

Pros: User-friendly interface, Relatively low fees, Established reputation, Very high liquidity

5. Bitpanda

Pros: Low fees, intuitive interface, multiple payment options

  • More than ten options to pay for digital assets — with bank cards, e-wallets, and SEPA bank transfers
  • Fast and convenient transactions with fully-automated order systems
  • Create price alerts for supported digital assets
  • Set up a personal savings account to automatically buy digital assets
  • Unlock trading discounts with the Bitpanda Ecosystem Token
  • Gain access to competent and reliable support

6. Conclusion — Is It Safe to Buy Bitcoins with a Debit Card?

As long as you’re using a trusted exchange using your debit card to buy Bitcoins is perfectly safe. The main thing I would advise is not to keep the Bitcoins on the exchange after you buy them, but move them to your own Bitcoin wallet.

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