Author - bitcoin evangelist

Buy Bitcoin with Credit Card instantly up to $500 without verification

Buy Bitcoin with Credit Card instantly up to $500 without verification! CEX.IO is a platform where you can easily buy Bitcoins with your VISA/MasterCard.

You can buy bitcoin in one of the exchanges and transfer them to your bitcoin cryptocurrency wallet. In this case, you will be a real bitcoin owner, you will be able to make payments with it, or when its value increase – sell it in one of the exchanges, for example, Coinbase, Bittrex, Kraken, and others.

I recommend you to use CEX.IO – Europe’s leading retail broker for buying and selling digital assets servicesBuy Now!

Bitcoin was created in 2009 and it became the next-generation electronic money. It is believed that Bitcoin was created by a group of anonymous mathematicians and cryptographers. The common knowledge is that their goal was to create a payment system, which would not go under bank regulations. Bitcoin is an electronic money and its emission is regulated by mathematical calculations.

Nowadays Bitcoin is used to pay for services, goods, as well as investment, and financial instruments.

The first type of cryptocurrency was made to make online shopping and money transfers between online users easier. The first one who implemented this idea was David Chaum and his company DigiCash Inc., which debuted in the market with their electronic payment system, namely DigiCash. Although it did not last for long, developers of the system gained two important insights: electronic money has opportunities in the future, but hard work is needed.

The first real cryptocurrency – Bitcoin!

Bitcoin was created in 2009 and it became the next-generation electronic money. It is believed that Bitcoin was created by a group of anonymous mathematicians and cryptologists. The common knowledge is that their goal was to create a payment system, which would not go under bank regulations. Bitcoin is electronic money and its emission is regulated by mathematical calculations.

Nowadays Bitcoin is used to pay for services, goods, as well as investment, and financial instruments.

Bitcoin is currently traded in different exchanges. Maybe you have heard that the bitcoin market is highly volatile. During one day, the price of bitcoin can increase or decrease by 5-15%.

At the moment, Bitcoin is not the only cryptocurrency to make a profit. There exist several hundred types of cryptocurrencies, all of which are traded on exchanges, and their value is both increasing and decreasing. Currently, the most notable cryptocurrencies are Ripple, Litecoin, Bitcoin, Ethereum, Ethereum Classic, Dash, Monero, Bitcoin Cash, Zcash, IOTA, Omisego – the situation is changing quickly, it is possible that by the time you finish reading this material, you will be able to add some new names to the list.

How to buy Bitcoin?

There are two possible ways how to buy Bitcoin. You can buy bitcoin in one of the exchanges and transfer them to your bitcoin cryptocurrency wallet. In this case, you will be a real bitcoin owner, you will be able to make payments with it, or when its value increase – sell it in one of the exchanges, for example, Coinbase, Bittrex, Kraken, and others. I recommend you to use CEX.IO – Europe’s leading retail broker for buying and selling digital assets servicesBuy Now!

CEX.IO – Buy Bitcoin (BTC) with Credit/Debit Card

CEX.IO knows and understands the importance of choosing the right exchange for your Bitcoin purchases. CEX.IO is a platform that offers everything you need to make this and every following transaction a success.

  • To start off, the easy-to-use interface of CEX.IO the platform makes the purchase process very simple, even for complete beginners.
  • Most transactions are completed within a timeframe of five to ten minutes, depending on your payment method.
  • All users that choose to buy Bitcoin with Debit Card or Credit Card for the first time, will need to go through a quick verification process. This process, from start to finish, takes no longer than five minutes to complete.
  • A strong, multilingual support team stands ready, 24/7, to help users with any question, problem, or doubt that may arise.

How to safely buy Bitcoin

 

1. Choose the exchange where you would like to purchase Bitcoin. Take into account user reviews and exchange security ratings. Choose the ones that are larger and safer.

2. Pay attention to Bitcoin exchange rates. Some services offer to buy Bitcoin twice as expensive compared to other exchanges, thus be aware of the situation and do not overpay!

3. After registering in an exchange, you will have to go through the personal identification procedure. To make a deposit and make transfers, you will have to submit a copy of the passport or ID card and approve your place of residence. Although Bitcoin is marketed as an anonymous payment system, it is impossible to buy it without registering your documents.

4. When you have bought Bitcoin, do not keep in the exchange, but rather transfer it to your bitcoin wallet. You have read about hackers, who surprisingly regularly hack into cryptocurrency exchanges. To protect your Bitcoins, transfer them to your bitcoin wallet.

5. I recommend you to buy Bitcoin in CEX.IO – Europe’s leading retail broker for buying and selling digital assets servicesBuy Now!