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Bitcoin2020-01-13T10:15:06+00:00

Coinbase Buying Tutorial (Credit Card/Debit Card)

Coinbase lets you purchase bitcoins in a split second with a Mastercard or plastic. Here are bit by bit guidelines to help make the purchasing procedure simpler for you.

1. Make an Account on Coinbase

When you make a record, affirm your own subtleties and login. You might be solicited to transfer an output from ID. When you’ve signed in, proceed to the subsequent stage.

2. Explore to account settings

Explore to the upper right corner and snap on your name. There ought to be a drop-down menu where you can click “Settings”. At that point click “Installment Methods” on the menu at the top and you should see something that resembles this:

Click on “Add Payment Method” in the right corner.

3. Click “Credit/Debit Card”

4. Enter your Credit/Debit Card Information

Note that Coinbase only accepts Visa and Mastercard credit/debit cards at this time.

5. Confirmation

You should see a confirmation like the one below. If so, your credit/debit card has been successfully added!

6. Buy Bitcoins!

Go to the buy page and you should see a widget that looks like the image below:

Open an Account on CoinMama

Once you create your account and verify your email address, you can begin following the steps below:

1. Login to Your Account

Once you login, go to “My Account” in the top navigation bar and you should see a page like this:

Enter all of your personal details in the fields above and save them.

2. Click “Buy Bitcoins” in the Navigation Bar at the top

You should now be brought to a page that lets you choose how many bitcoins you want to buy. You can choose one of the set amounts-0.5, 1, 1.2, or 2 bitcoins-or scroll down a bit more to select your own amount.

The field to select your own amount looks like this:

Once you’ve chosen your amount click the green “Buy Bitcoins” button to advance.

3. Select Credit/Debit Card as payment method

GET A WALLET!

You NEED a Bitcoin wallet for the next step.

If you don’t have a wallet yet, learn how to get a Bitcoin wallet now.

We’ll wait for you here 😉

4. Enter your Bitcoin Wallet Address

This is the address where the bitcoins you’re buying will be delivered to once your payment is confirmed. Paste your address into the empty field.

5. Enter your Billing Information and Address

7. Verify Your Phone Number and Email

You’ll receive a 4-digit SMS pin and an email confirmation. Once you’ve confirmed these forms of contact, you should see this:

8. Upload ID Verification

Most people will not need to upload a selfie. Just skip step 8 if CoinMama does not request this from you.

Upload a selfie with you holding your credit card towards the camera. Make sure your name, expiration date, and the first four and last four numbers on the card are visible.

9. Wait for Verification

CoinMama needs to verify that your credit card payment went through successfully.

10. Confirmation Email

If your credit card payment went through, you should receive an email that looks like this:

Long process, yes!

But that’s it. Wait 20-30 minutes for the bitcoins to arrive in the address you provided in step four.

This section will show you how to buy using BitPanda.

Open an Account on BitPanda

Once you create your account and verify your email address, you can begin following the steps below:

Login to Your Account

Login to your account and click “Buy” in the top menu bar. You will now see a page like below. Select “Visa/Mastercard” since you want to buy with your credit or debit card. Also, enter the amount of euro you want to spend or amount of BTC you want to buy:

Now confirm that you want to buy with credit/debit. (Note that only 3d-Secure Mastercard and Verfied by Visa cards are allowed. If you don’t have one of these try CoinMama or Coinbase).

Now you need to confirm that the amount you entered before is indeed the amount you want to buy. Also, you confirm that you agree to BitPanda’s exchange rate. In the “the Current Price” field you can also see the exchange rate you are getting. It will likely be 3-4% above the market rate since BitPanda’s fees are included in the exchange rate.

Note, you only have 60 seconds to lock in your exchange rate and confirm!

Now you will have to verify via SMS or a phone call:

Enter the PIN code you received via SMS or phone call:

Enter the PIN code you received via SMS or phone call:

On this page you enter your credit card details through mPAY24. One you enter your card information press “Bezahlen”:

That’s it! Now in your BitPanda account you can check your “History” tab to view the trade details.