Can Bitcoin Be Bought Using a Prepaid Card?

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If you also have a prepaid card and want to buy bitcoin through it, the first thing you need is a secure regulated crypto exchange. Prepaid cards, also known as everyday cards, are credit and debit cards that can be used to buy goods and services. Prepaid cards and credit and debit cards have seen significant differences that make the former much more convenient for several daily purposes. Prepaid cards are now considered to be the most popular way to buy bitcoin. You may be charged higher fees when prepaid cards are used on crypto exchanges, but at the same time, very significant benefits can be achieved with these cards on several payment methods. So if you’re looking to take your portfolio to the next level, learn more about 1k daily profit.

Where to buy bitcoin with a debit card?

If you want to buy bitcoin through a debit card, then you must first find a good and reliable crypto exchange which is going to be very convenient for you both in terms of fees and user interface. In this article, we have rounded up several of the best exchanges that accept both debit cards and credit cards as payment methods.

  • Coinbase: this cryptocurrency can be bought in the United States using the prepared card.
  • Coinmama: It is possible to buy this crypto with a prepaid card.
  • eToro: it is a regulated crypto platform which is not chargeable on USD deposits.
  • Crypto.com: this platform is capable of buying Bitcoins via using a prepaid card along with more than 250 additional cryptocurrencies.
  • CEX: This Platform can buy Bitcoin along with crypto-collateralized loans.

Coinbase –

Coinbase, established in the year 2012, is one of the most popular exchanges with more than 50 million users. The biggest main reason why Coinbase is considered easy to use is because of its interface and it helps its investors to buy digital coins quickly. Coinbase has been observed to have a fairly complex fee system. But at the same time, there is no fee charged for both buying and selling the spread, but a commission fee is charged. Withdrawal and deposit fees are determined here and are charged depending on the payment method, which can vary. A simplified account for Coinbase i.e. Coinbase Pro has been launched and offers significantly lower rates.

Coinmama –

Coinmama is a digital exchange platform launched in 2013, and today operates in over 200 countries. It is an exchange that supports more than ten cryptocurrencies, and they are directly transferred to your wallet at the time they are purchased. Several different payment methods are accepted, including debit and credit cards The broker will accept, however, the most important thing is to go through a verification process to buy bitcoin. A transaction fee of up to 5% is charged when purchasing with a prepaid card. Only MasterCard and Visa are supported for prepaid card purchases.

EToro: this platform is non-payable for USD deposits and it is a regulated platform for crypto exchange. A Prepaid card is one of the extremely secure manners of purchasing digital currency, which some Novice and experienced traders the same are worried about.

Crypto.com:

This is going to be the easiest way to buy bitcoin if you use a prepaid card through Crypto.com. Most prepaid cards have two-factor authentication, which requires entering a PIN or verifying transactions using biometrics. You need to link the prepaid card with your payment option. In the case of CRO, the exchange shall waive the fee at the time of trading.

CEX.IO

CEX.IO is a crypto platform that was started in the year 2013 as a bitcoin platform. The mining power in this platform is much higher than 40%. When Ethereum was accepted in 2015, most of the attention was focused on crypto at that time.