Nowadays, cryptocurrencies such as Bitcoin are becoming increasingly accepted as a payment method by a wide array of businesses. But it’s not just the business world they are popular with, it’s investors too who are looking for potentially profitable ways to diversify their portfolios.
Until recently, cryptocurrencies were perceived more as assets rather than currencies. In the early days, they were mostly used by investors seeking to make a profit by trading on their volatility. Today, however, investing in crypto has become more mainstream and it’s not uncommon for savvy investors to allocate a percentage of their investments to cryptocurrencies.
Cryptocurrencies have thus become a popular investment vehicle and there are now more and more large, as well as smaller, retailers who have started accepting cryptos. It is fair to say that we can expect them to play an even bigger role in the future.
With these factors in mind, it’s not surprising that we are seeing a growing demand in individuals wanting to be part of the crypto game, but how do you go about buying crypto online? In fact, buying Bitcoin and other cryptos online instantly by credit card is easy.
Buy Bitcoin Online Using a Credit Card
If you want to join the crypto revolution, whether you’re an investor or a consumer and want to buy BTC with a card now, rest-assured, it is a simple process. First of all, you’ll need to install a Bitcoin wallet on your computer or mobile phone. After downloading your chosen wallet, the next step is to look for a trusted cryptocurrency exchange where you can buy Bitcoin with a credit/debit card. Using a credit card to buy Bitcoin and other popular cryptocurrencies is the fastest and most secure way to do it. Generally speaking, both Visa and Mastercard allow cryptocurrency purchases.
The next step involves getting verified in order to purchase Bitcoin by credit card, after which you can buy Bitcoin instantly by logging into your exchange account. Once payment is received, your Bitcoins will be visible in your wallet within a few minutes. The process from start to finish usually takes an average of 15 minutes to complete the purchase.
It is advisable to shop around if you are seeking to buy Bitcoin or other cryptos as transaction fees can vary depending on the size of the transaction and your chosen exchange.
It is also a good idea to use a fully regulated EU exchange which is AML and KYC certified, since they offer protection against fraud, money laundering, and other illicit activities.
