What is bitcoin?
Bitcoin is the first decentralized digital currency and the leading cryptocurrency worldwide. Bitcoin serves as a store of value and is therefore often referred to as digital gold.
How can I buy bitcoin?
Bitcoin can be bought on bitcoin exchanges and CFD platforms on the internet.
Can I buy bitcoin with credit card?
Bitcoins can be bought with credit card. However, not all exchanges offer credit cards as a means of payment. It is therefore worthwhile to compare different providers.
What is a bitcoin exchange?
A bitcoin exchange is a marketplace where buyers and sellers trade bitcoins. Just like regular stock exchanges, a bitcoin exchange serves as a middleman who sets the market price at which an equal number of buyers and sellers can be found.
How can I buy bitcoin with credit card?
The easiest way to buy bitcoins with credit card is searching for a bitcoin exchange that offers this payment method. Afterwards, you just need to open an account with the exchange and verify your identity, usually via ID document upload.
Where can I buy bitcoin with a credit card?
Bitcoins can be bought with credit cards at vending machines (ATMs) as well as online. It should be noted that the conditions and fees at exchanges are usually much better than at ATMs.
Why do not all bitcoin exchanges offer payment with credit card?
Credit card payments carry some risks for sellers. For example, credit card payments can be canceled relatively easily, which means that merchants could be left with the costs of the purchase.