The Quickest Way to Buy Bitcoin Using Your Credit/Debit Card

Home » Bitcoin » The Quickest Way to Buy Bitcoin Using Your Credit/Debit Card
November 21, 2019 by
The Quickest Way to Buy Bitcoin Using Your Credit/Debit Card

Buying Bitcoin used to be a complicated procedure, but the implementations of today do not come as a surprise either. With growing awareness and increased adoption, more convenient methods have been introduced that make it easy for users to buy Bitcoin. In this post, we will be taking a look at the quickest way to buy Bitcoin using your credit/debit card.

How Users Bought Bitcoin in the Past

Before going into the details of the quickest way to buy Bitcoin using your credit/debit card, let us take a brief look of how people accessed the Bitcoin market in the past. As recent as 5 years ago, in order to buy Bitcoin, you would have to undergo certain cumbersome processes. Back then, the number of exchanges where you could buy Bitcoin was very limited. To make matters worse, only a few fiat currencies were accepted in such exchanges.

Therefore, before you could have access to buy Bitcoin on such exchanges, you will first of all go through the rigorous process of signing up with a cryptocurrency exchange. After signing up, acquiring the accepted fiat currency (usually the US dollar) becomes your next assignment. If you are not in the United States, or in a country where the US dollar was readily available, then you would incur even more charges and some stress in the process.

For those that were residents of the United States, the regulatory battle against Bitcoin has always been an issue when trying to buy Bitcoin. Till date, these issues of regulation has kept many companies away from the region. It has also made it a bit difficult for many interested Bitcoin users to explore the industry.

The relative lack of security in the cryptocurrency industry back then was also a cause for concern among users. Exchange hacks were a common occurrence that created panic in the industry. You wouldn’t be sure when the next hit would happen. Perhaps it could be when your funds are still within the exchange. Not to talk of the high rate of Bitcoin thieves who took advantage of the lack of adequate knowledge around that period.

How to Buy Bitcoin Today

Time has passed and a lot has changed in the cryptocurrency industry. Today, in a matter of seconds, you can complete your Bitcoin purchase and have your Bitcoins deposited in your personal wallet. Credit to this development must be given to the relentless efforts of innovators within the industry. 

This category of people have not relented in creating the necessary awareness and educating the people. Along the line, they have also been involved in research and development exercises that have produced the industry we have today. Part of the products of these efforts is what we have today as the quickest way to buy Bitcoin using your credit/debit card.

This particular method is convenient and does not involve the complications of the past. It does not require any signing up process. Depending on your location, the system may request KYC, but this will only be required to upload it for the first transaction. The transaction happens in four simple steps that are executed in a matter of seconds.

Bitcoin has shown that it has a lot of potential as a robust store of value and an attractive instrument of investment. It also doubles as a convenient transaction vehicle that is being adopted by millions of users across the globe. 

If you are new to Bitcoin, then your arrived at the perfect time, when the dirty stress of entry have all been eliminated. If you are an experienced user, then here you have an improved process that makes your engagement to buy Bitcoin easy and convenient. 

No more extended waiting periods to retrieve your Bitcoin, no more insecure purchasing protocols, no long bureaucratic requirements. All you need is your Visa or Mastercard supported credit/debit card and you can buy Bitcoin on the go. This is the quickest way to buy Bitcoin using your credit/debit card. Apart from BTC, here is a list of other cryptocurrencies that are currently available for a quick purchase: BCH, LTC, XRP, ETH, BNB, XLM and TRX.

Follow this link to buy Bitcoin immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement
Newsletter
© Copyright 2018 Coinstituency. Risk Disclosure: Coinstituency will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Cryptocurrency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument or cryptocurrencies you should carefully consider your investment objectives, level of experience, and risk appetite. Coinstituency would like to remind you that the data contained in this website is not necessarily real-time nor accurate, meaning prices are indicative and not appropriate for trading purposes. Therefore Coinstituency doesn’t bear any responsibility for any trading losses you might incur as a result of using this data. Coinstituency may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.