how to spend you bitcoins

Convert Bitcoin to Visa/Mastercard

The least complicated way of replenishing your BTC wallet is to purchase the necessary amount of digital coins using your debit or credit card. However, quite few exchanges offer such an option – particularly due to the risks associated with credit card transactions. Below is a list of reliable and trusted portals that will gladly accept your card as a means of payment.

247Exchange

InterMoney Exchange (247exchange.com) is creating a new standard of digital currencies exchange - easy, safe, affordable and available for everyone!

Paybis

PayBis.com is the best place where you can buy, sell or exchange various virtual and crypto currencies!

Indacoin

Instant exchange of crypto currency from more than 100 countries

coinmama

Buy Bitcoins with credit card or cash!

BITPANDA

BitPanda.com is a fully automated platform: As soon as payment is confirmed, the Bitcoins and other cryptocurrencies are automatically sent to the buyers. This technique allows us to provide our customers the best and fastest service in the business.

CEX.IO

Established in 2013 as the first cloud mining provider, CEX.IO has become a multi-functional cryptocurrency exchange, trusted by over half million users.

Paxful

Buy bitcoin instantly, sell bitcoin, spend and accept bitcoin.

Coinmama

Coinmama is a well-know service that has created a solid presence in the BitCoin network over the years. It was established specifically as a platform for buying the crypto-currency with Visa and MasterCard credit or debit cards denominated in USD or EUR. Since processing credit card payments entails a lot of risks, Coinmama charges a whopping 6% fee. That's one of the highest rates among similar portals, and the main disadvantage of the web-site under review.

 

To compensate for such an inconvenience, the exchange offers very high limits in comparison with the competitors: up to USD 5,000 in the BTC equivalent daily and up to USD 20,000 monthly. As reported by numerous customers of Coinmama, after you perform a purchase of BTC (having verified your account beforehand), the funds are transferred to your crypto-wallet within mere minutes. Some other advantages of the exchange are the ease of use and the vast number of countries in which the service is available.

 

BitPanda

Headquatered in Vienna (Austria), BitPanda is one of the most reliable and popular credit-card-to-BitCoin exchanges. Founded as a start-up in 2014, it quickly gained a good reputation. If you've been in the BitCoin community for a while, you are probably already aware that until recently BitPanda was know as Coinimal. The portal prides itself on having achieved full automation of the exchange process, claiming to be the fastest provider of such services in the market.

The services provided by BitPanda are available to residents of all countries of the European Union. As a pleasant bonus to high reliability and speed, its customers point out how neat and easy-to-use the portal's website is. Although credit cards are the most popular payment means among the customers, BitPanda also accepts a range of other payment methods (and a few crypto-currencies beside BTC), which makes it a versatile exchange platform.

One of the main advantages is the comparatively low fees charged on your transfer: 3 to 4 percent of the transaction amount. However, the service also has a related drawback: the amount of fees isn't indicated anywhere on the website; BitPanda includes them in the buying price you are offered.

 

CEX.IO

CEX offers a great opportunity to deposit funds to your BitCoin wallet using a credit or debit card in a simple, uncomplicated and transparent way. The services the portal offers are available in many regions and countries of the world, including (but not limited to) the US, the EU, as well as several South African states. The fees CEX charges on exchange transactions involving credit cards vary from 3.5% to 5.25%, depending on the card's currency. In comparison with the competitive services, these fees are rather low, putting the portal at an advantageous stance.

One of the main disadvantages of the CEX service is its high verification requirements. The procedure includes several steps and requires the user to submit a lot of personal info (excessive as it might seem, a photograph is required). This makes the website more difficult to use (especially for new customers) and incurs delays of up to 30 minutes. As for exchange limits, CEX has established them at $400/day or $2,000/month for basic accounts, and $10,000/day or $100,000/month for verified accounts.

 

IndaCoin

Founded in 2014, IndaCoin is a fast and easy platform for converting funds from your credit/debit card into the BTC crypto-currency. An indisputable advantage of the portal is that its services are available to residents of over 100 countries in different corners of the world. A drawback is the extremely high fees that are not mentioned on the website separately but incorporated into the exchange rate.

In addition, the service imposes rather strict buying limits on new customers: no more than $100 for the first exchange transaction. If you're not in a hurry and can wait for four days, you'll see your buying limit increase twofold, to the level of $200. In seven days after the completion of the first transaction, your limit will surge to $500 in the BTC equivalent.

 

Paxful

Paxful is not your average BTC broker that lets you buy the crypto-currency with your credit card. The website itself is not the seller of BTC; it's merely a platform that gathers sellers from various parts of the world. Therefore, new users are recommended to keep in mind that the platform's integrity doesn't necessary mean the particular seller's integrity.

Despite the relatively high risk of scam, Paxful has been winning new customers with one simple trick: zero transaction fees are charged from the buyer. However, the service imposes a very moderate 1% fee on the seller. The process of trading is very simple; a range of payment options are available in addition to credit and debit cards.

 

Paybis

Paybis is a portal that enables you to exchange your credit card funds for BTC in a fast and secure way. The service has set up a decent buying limit for its users: up to $5,000 per week. The minimum limit on BitCoin purchases is $50. Not only all major credit cards are accepted; the portal allows you to purchase BTC using over a dozen methods of payment, including PayPal and PerfectMoney, Amazon, Walmart and Target gift cards, bank and cash transfers.

A disadvantage of the service is the rather irritating verification procedure, which may take up to 2 days and requires you to take a selfie while holding a photo ID of yours. For unverified accounts, the buying limit shrinks down to 500 dollars per month.

 

247Exchange

The services 247Exchange provides are available to customers in more than 110 countries, as well as almost half a million individual locations across the world. The advantages of this exchange platform include reasonably low fees (from 3%, depending on the selected payment method), fast transactions and high security levels.

Comprehensive video tutorials are available to help new customers to get started, and the portal features stellar customer support for resolving any issues. 247Exchange is a versatile service: it not only provides the opportunity to convert any amount of fiat currency into a crypto-currency. You can also withdraw funds from your BTC wallet, or exchange one digital coin for another.