When it come to buy a crypto currency, the major task is how to get it in the easiest way. Sometimes, to find an easy way is better than finding a cheap way. In the beginning of my crypto journey I found it very difficult to take out extra cash and then finding a way to buy Bitcoin or any other crypto currency.
Now, as I am from India, there were 2 options for me. First, to register with an Indian Crypto Exchange and then transfer money from my personal bank account through netbanking.
Second, to ask a friend, known or unknown person selling it offline to me. Like taking cash and transferring to my BTC or ETH wallet. But that is not fair practice and it’s called money laundering. Which is an illegal practice in India. Once must avoid it. Also, there is danger of loosing money also in second process. A person might say that transfer of crypto will take time and take cash from you. And after that either taker won’t pay or giver won’t transfer.
Even after this blog if you find it difficult to operate on this platform, do seek help at our social channel of Altdecrypt: telegram and Whatsapp groups.
Now, under such circumstances there is one good option for all of us. Coinmama Exchange for buying BTC and ETH with credit cards. Also, the transfer and processing is fast. And in comparison to Indian Exchange Rates are quiet low for both BTC and ETH.
Well, now let’s see the details about this process.
Register for an account, choose the amount of Bitcoin you want to buy and click on “Buy Now.”
Step 1: Choose your method of payment
Use a credit/debit card to pay online in minutes! If you want to pay with cash, choose one of the other methods of payment.
Step 2: Follow the instructions
To pay with credit/debit card, fill the payment form and follow the instructions. To pay with cash choose Western Union as the method of payment and follow the instructions to complete the payment.
Step 3: Complete the payment and confirm your wallet address
Complete the payment and confirm your bitcoin wallet address by clicking the link in the confirmation email we will send you.
Once we have received and verified your payment, we will immediately deliver the coins to your wallet!
You’ll be able to track the status of your orders at all times under ‘My Account.’
Points to remember the most :
- After registration and e-mail verification, quickly apply for account approval. Coinmama Exchange has one of tough account approval system to avoid credit card misuse by someone else.
- As soon as your account is verified, use it wisely. Do not trade in wrong way. Like buying on Coinmama and selling on Indian Exchange. They have a limit to buy per account. So use this system if you are in great need, or want to trade, or want to invest in some ICO.
Overall repost says that Coinmama Exchange is class apart from others in terms of buying BTC and ETH with credit card.
Disclaimer: We are not responsible for anything related to Coinmama Exchange and your interpretation of this article.