to allow this to happen for many years. Considering this, we would be able to understand why speed is likely to be paramount for buying and selling of bitcoins, especially for those who would like to speculate and make use of the quick and small movements that are seen in the bitcoin prices. Stop paying the exorbitant exchange rates that your international debit/ credit cards charge. Get expedited and expert post-sale mediation with banks in case of any issue or delays. The credit card payments are widespread. Even if you wanted to buy a money order with a credit card, not all places accept credit cards. These guys have an excellent Service, best market rates and a high level of professionalism. Along with these reasons lets check out the salient points. It is important that the funding of the traders account at the exchange and the withdrawal takes place in a quick and seamless manner so that the trader can take full advantage of the price movement in bitcoin and this is facilitated by credit cards. Credit cards represent a form of borrowing. Here, we have to mention that it is the speed of the fund transfer that makes the credit cards one of the most preferred methods of purchasing bitcoins. Buying bitcoin via AvaTrade does not provide you a legal possession of the coin, however, it allows you speculate on bitcoins price fluctuations.
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Travelling abroad soon and confused about which card to use for.
If you are using your credit card overseas, withdrawing cash will definitely increase your Transaction fees.
As can be seen, the process of buying and selling bitcoins using credit cards is pretty straightforward and this is the method that is most preferred among many traders due to its ease and speed as well. Charges: The amount of initial charge may differ from issuer to issuer. With this payment method traders fund their accounts either directly through the deposit page on their brokers website, or by depositing first into their PSP wallet account and then transferring the funds to the brokerage. Have a look at them. Fixed Exchange Rates, unlike credit/debit cards that use an unknown opaque exchange rate when the transaction is settled, forex cards are pre-loaded with foreign currency at a specific rate which is agreed upon by you. I would highly recommend BookMyForex to everyone travelling abroad. Akhil Gahlawat, Superb rates, great service, priority support, and hassle free card reloads - is all that you can expect from BookMyForex, apart from their complimentary referral discounts zero fee multi-currency cards. Conclusion As can be seen, buying bitcoins using a credit card is one of the quickest and simplest ways of doing. The bitcoin industry itself is all about speed nowadays as the joining of more and more speculators into the bitcoin trading industry has led to a lot of volatility in bitcoin prices.