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Comment · Mon, February 27, 2017

Coingate now supports buying Bitcoin with a credit/debit card.

Original post in this thread

MisterYouAreSoDumb · 12 points

Coingate now has an option to purchase Bitcoin using a credit or debit card. They also have a well-written step-by-step guide on the process. This might be handy for those looking for an alternative to Coinbase in the US. They claim that it only takes an hour to verify the account and get your BTC. After you are verified, they do not need to keep getting info every time.

Here is the step-by-step guide: https://blog.coingate.com/2017/02/buy-bitcoin-credit-debit-card/

Here is the direct link to the purchasing page: https://buy.coingate.com/

I would recommend purchasing the BTC before you make an order. Once they are in your wallet, like Electrum, then you can place an order on Ceretropic, and pay the Bitcoin invoice for the order. If you try to purchase the BTC after you make a Ceretropic order, it will likely timeout before you get your BTC, and you will have to place another order anyway. So purchasing the BTC before you make an order on Ceretropic is recommended for ease of use.

What they were answering

rmcfar11 · 1 points

This is fricken AMAZING!!! Finally! Thanks for posting this OP!

Question, if anyone's used this yet, what are the fees associated with each transaction? I know buying bit with a card on something like Coinbase will charge like 10% or something?

u/MisterYouAreSoDumb

Please note that card purchases have a 5% fee (minimum $10) charged by Simplex, in addition to our 2% fee. All fees are included in the price displayed to you – your card will not be charged more than the indicated amount.

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