Buying Cryptocurrency Using (Visa) Debit Card

peuwayaqdq on 19/01/2018 - 09:03

I currently use BTC Markets to purchase cryptocurrency and one of the reasons is because they accept BPAY. But when the price fluctuates a lot like what is currently happening I wish I can use (Visa) debit card to buy cryptocurrency. Anyone knows where I can do that?

Note that I deliberately say debit card because I thought there might be some cash advances charge if we use credit card while with debit card the money is actually readily available.

I know there are some P2P exchanges that let us to do that (even with Paypal and gift cards) but I would rather to deal with centralised exchange if possible.

Any comment/feedbacks will be appreciated. thanks.

Financial Cryptocurrency

Comments

  • Donaldhump on 19/01/2018 - 09:07

    Just keep x dollars in your Bec account and pounce when the time is right

    • peuwayaqdq on 19/01/2018 - 09:10

      do you meant BTCMarkets account? That's something that I am not too comfortable doing because we all know that all exchanges have risk to be hacked.

      • Donaldhump on 19/01/2018 - 09:12

        That’s the risk you take, and only option afaik.

        Why not just poli pay

        • peuwayaqdq on 19/01/2018 - 09:22

          They don't do POLI I believe.

        • FirstWizard on 19/01/2018 - 10:59

          I'm glad everyone's moving away from POLi.
          It gives me shivers to give my internet banking username/pw to a script coded by a 3rd party company to log in to my internet banking and initiate a transfer. It clearly violates the T&Cs of most major banks and there's no protection what so ever if the said script steals your money.

      • plmko on 19/01/2018 - 10:47

        Isn't BTCmarkets AUD held in escrow?

      • cloudy on 19/01/2018 - 11:35
        +6

        Worried about security of money yet buying made up currency?

        Interesting…

  • frondono on 19/01/2018 - 09:36

    Coinjar does poli, acx.io might be worth a look, I've been hearing a bit about coinspot lately too.

    • peuwayaqdq on 19/01/2018 - 12:53

      Thanks … I'll check that out.

  • OpenHand on 19/01/2018 - 10:13
    +3

    Coinbase will let you use a visa for it. They are a US site and charge a premium for the service but it usually works out even with BTCmarkets price.

    Buying limits usually start quite low at around $250 per week, but make a couple of buys and it'll go up.

    • peuwayaqdq on 19/01/2018 - 12:53

      Thanks … will look at it.

  • 2jzzzz on 19/01/2018 - 10:37

    A lot of them allow you to deposit at a newsagent and it's instant.

    • peuwayaqdq on 19/01/2018 - 12:52

      That's interesting … wondering if BTC Markets does that.

  • Looking4Bargians on 19/01/2018 - 10:44

    Coinbase does.

  • woowoolabs on 19/01/2018 - 12:34

    I'm currently starting a service to do just that. You can sign up to the waitlist at kwicto.com, intending to launch mid feb or so! :D

  • heathy on 19/01/2018 - 13:30

    Which exchange is regarded as the most stable / safe?

  • peuwayaqdq on 19/01/2018 - 17:38

    Just signed up with coinbase … pending verification

  • TRG on 20/01/2018 - 17:19

    I use IQOPTION.COM but it only lists 14 cryptos. (Along with Forex, Options etc).
    My first and lowest buy in was USD$45.00 to test the waters, they charged USD$4.50 commission. I used MCard Debit to buy Ripple with and when you withdraw they will only payback via the card you purchased with. Transaction times are slow, around 3 hours to buy and 2-3 days to get the money back into your bank account when you withdraw.

  • peuwayaqdq on 26/01/2018 - 17:48

    Just want to give some updates guys … I have made my purchase and withdrawal on Coinbase and so far so good.

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