What Is the Easiest Way to Buy Bitcoins Instantly in 2019
In todays article, we will be featuring some of the fastest ways you can buy Bitcoin in 2019.
As Bitcoin has increased in popularity, it has the opportunity of buying the worlds top crypto. While it may be difficult for some traders to buy Bitcoin because of geographic restrictions and complicated procedures, there are several exchanges that allow users to easily purchase BTC through several payment methods.
What are the fastest ways of buying Bitcoin?
The three most instant ways of purchasing Bitcoin are either through credit/debit cards, PayPal, or ATMs.
Buy Bitcoin Through Credit Card
There are many exchanges or payment services that support Bitcoins instant purchases with a credit card. Coinbase, Cex.io, eToro, Coinmama, Bitpanda, Bitstamp are all exchanges that support credit card payments. Marketplaces such as LocalBitcoins and Paxful also allow Bitcoin purchases with credit cards if the two parties have agreed to this payment method.
In order to buy bitcoin with a credit card on Coinbase, you will first have to create an account. Click Create Account, type in the required information and confirm your email and phone number. Connect your debit or credit card to your Coinbase account as your payment method.
You will then be required to upload ID photos of you and your card. After your ID verification, you will be able to freely purchase bitcoin. Enter the amount you want and click the Buy button.
If you are a US customer, you will not be able to use credit cards, but you can link your account to use debit cards.
Coinbases credit and debit card fees are set at a rate of 3.99%, which is a little lower than industry standards. To get higher buying limits, you will have to provide additional documents to have your account verified.
For those that want to purchase Bitcoin without going through the verification process, Coinmama is a great alternative.
While the buying limits are rather low, set at $150, you can buy bitcoin instantly with a credit card without verification.
Follow the steps below to make the trade:
- Log into your Account;
- Click Buy Bitcoins;
- Select credit/debit card as a payment method;
- Fill in your bitcoin wallet address;
- Provide your billing information and address;
- Enter your credit or debit card information;
- Verify your phone number and email;
- Uploading ID verification can be skipped if Coinmama does not require it;
- Wait for the confirmation email.