We all know Bitcoin wasn’t as popular back in 2011-2012, but now, since the crypto madness has caught everyone, everyone wants to know about Bitcoin and also wants to own a piece of it if not one whole Bitcoin.
The best part is, it has become effortless to buy BTC compared to the initial days.
Now you can buy Bitcoin for cash, for a bank transfer, for gift cards, via credit/debit cards and also with prepaid cards.
And to your surprise and mine, many people want to buy BTCs with prepaid cards.
That’s why for those of you who don’t know what a prepaid card is, here is a simple explanation:
A prepaid card is very different from a bank account debit card.
A bank account debit card is linked to your checking account.
A prepaid card is not linked to a checking account.
Buying bitcoins via credit and debit cards is one of the most popular and convenient ways to purchase Bitcoin.
Convenience can come at a price, as most cryptocurrency exchanges will charge around 4% for card purchases. If delivery speed isn’t a factor, consider using a bank account to save on fees.
Here are some of the best exchanges we recommend that allow for purchasing of Bitcoin with a credit card.
After reading about each exchange and you’ll be able to decide which one is the best for you.
Then, once you’ve decided which exchange to use look towards the bottom of this page for step by step guides on using each exchange.
Coinbase (review) is one of the most reputable Bitcoin exchanges in the world.
Buy and sell bitcoin with Prepaid Debit Card.
Now you can use Prepaid Debit Card for buying and selling Bitcoin instantly and securely with Paxful. See the list of all offers with Prepaid Debit Card.
Get cash delivered right to your door or arrange a pickup at an agreed location nearby.
Trade in your bitcoin for hundreds of different digital currencies of your choosing.
Sell your bitcoin for up to 50% off gift cards from iTunes, Amazon, and many more of your favourite vendors!
Send funds to your bank account, PayPal account, or to friends and family anywhere in the world.
Use your bitcoin to purchase necessities like groceries, appliances, credit, and virtually anything else.
Buy bitcoin by making a transfer from your bank account to a bitcoin vendor on Paxful. Once they receive the funds, bitcoin is sent to you.
If you have any question, please, feel free to ask.
If you’re interested in how to buy Bitcoin with a prepaid card, then you will be glad to know that many platforms who accept Visa and Mastercard offer this option.
Prepaid cards are different from debit cards, as they are not linked to your checking accounts. Prepaid cards allow you to buy goods or services with money that you loaded on the card beforehand.
Even if this method of acquiring Bitcoins is not the most popular, there are a few services that enable you to buy the coins using prepaid cards. Below we will be listing a few of these services:
Coinmama is an exchange based in 2013 which currently operates from Slovakia. It was among the first exchanges to have a debit and credit card option for purchasing BTC.
How to buy? See our step-by-step guide!
With CoinGate, you can buy Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple and other coins using a range of payment methods. Other than credit card and debit card payments, we support EU SEPA bank transfers, direct bank transfers in Asia, mobile credit, and integrated options such as Skrill and QQpay.
CoinGate sources its prices from the largest exchanges, giving your the real-time market rate. Our pricing is transparent, without hidden fees or margins – CoinGate always displays the commission rate charged. Getting started with our platform is simple and convenient.