10 May 2023

How to Buy Bitcoin with a Credit Card

Interested in buying bitcoin with a credit card but not sure where to start? Our guide offers a clear, step-by-step process for beginners to enter the world of digital currency confidently.

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How to Buy Bitcoin with a Credit Card

    Index

    Step 1: Pick a Trustworthy Platform
    Step 2: Set Up an Account and Verify Your Identity
    Step 3: Add Your Credit Card Details and Choose How Much Bitcoin to Buy
    Step 4: Confirm Your Purchase and Get Your Bitcoin
    NOAH Buy and Sell
    NOAH Buy and Sell Tutorial

Entering the world of bitcoin might seem challenging at first, especially for newcomers to digital currency. But don't worry - we're here to help! We've crafted a clear, step-by-step guide on how to buy bitcoin with a credit card, so you can dive into this exciting financial adventure with ease and confidence.

Step 1: Pick a Trustworthy Platform

With so many platforms for buying bitcoin via credit card, it's essential to choose one that's safe and reliable. Do some homework and compare features, fees, limits, and reviews. Keep an eye on the platform's reputation, customer service, security, verification process, supported countries and currencies, fees, exchange rates, and user-friendliness.

NOAH utilizes cutting-edge MPC technology to ensure peace of mind for users. We have low fees, high security, and great rewards — all with a friendly 24/7 customer service team, simple and fast verification, and support for over 115 countries. We offer a user-friendly interface on any device and are dedicated to onboarding as many people to Bitcoin as possible.

Step 2: Set Up an Account and Verify Your Identity

Once you've found the perfect platform, sign up by providing your personal details. You may need to verify your identity by submitting a photo ID, passport, selfie, or proof of address. The verification time can vary, depending on your location and the platform's policies.

Step 3: Add Your Credit Card Details and Choose How Much Bitcoin to Buy

After verifying your account, it's time to enter your credit card information. Before deciding how much bitcoin you'd like to buy, consider that there are usually minimum and maximum limits on purchase amounts. Choose your desired amount, either in your local currency or bitcoin, keeping in mind that smaller transactions, like buying just $5 in bitcoin, may have disproportionately high fees.

It's essential to check and understand the fees associated with your purchase, as some companies may choose to hide their fees in the spread. To ensure you're receiving the expected amount of bitcoin, always compare the displayed exchange rate with market rates. Finally, the platform will display the exchange rate and any fees involved in your transaction, both explicitly and those potentially hidden in the spread, allowing you to make an informed decision.

Step 4: Confirm Your Purchase and Get Your Bitcoin

Before you confirm your purchase, double-check the transaction details. You may need to enter a code or password to authorize the payment. Once confirmed, the platform will process your payment and send the bitcoin to your wallet address. Depending on the platform and network congestion, you should see the bitcoin in your wallet within minutes or hours — or with NOAH, a matter of seconds.

NOAH Buy and Sell

With NOAH Buy and Sell, the world is your oyster. From the start, we built NOAH Buy and Sell with simplicity in mind. Here's why NOAH Buy and Sell is an excellent option for Bitcoin beginners and veterans alike:

  • NOAH users can buy bitcoin from almost anywhere using their Visa or Mastercard credit/debit card. And with global access, you can buy bitcoin in over 115 countries worldwide.
  • Gone are the days of waiting for your bitcoin to hit your wallet. With instant buying and selling, your funds are ready to use from the moment you complete your purchase or sale.
  • With a low minimum investment of $20, you have the freedom to invest as much or as little as you like. There's also no maximum limit, so the sky's the limit (depending on the limits allowed by your bank).
  • Say goodbye to hidden fees and markups. NOAH Buy and Sell offers transparent pricing, so you always know exactly what you're paying for.

NOAH Buy and Sell Tutorial

If the above sounds enticing, let's walk through how to buy bitcoin with NOAH Buy and Sell:

  1. Sign up with NOAH using your email address and choose a strong password (you must be a beta user to buy bitcoin).
  2. Verify your identity by uploading a government-issued photo ID. To verify your identity in the NOAH app, click "buy" or go to account settings and follow instructions to upload a valid driver's license, ID card, or passport. Contact customer support if you need assistance.
  3. Deposit funds into your NOAH wallet using a credit/debit card. The minimum deposit is $20.
  4. Choose the amount of bitcoin you want to buy, in USD or BTC. The platform will display the exchange rate and fees.
  5. Confirm your order and complete the transaction. You'll receive a confirmation email and you’ll see your new balance reflected in your wallet immediately.
  6. Check your NOAH wallet balance to see your newly purchased bitcoin, which should take no more than a few seconds.

Congratulations! You've just bought bitcoin with NOAH Buy and Sell. Easy, right?

Remember, while buying bitcoin with a credit card is a simple way to get started with cryptocurrency, it's important to be cautious. Use reputable platforms that protect your information, and only invest what you can afford to lose. By following these tips, you'll be well on your way to confidently owning bitcoin and joining the world of digital currency.

Start buying bitcoin today with NOAH Buy and Sell.

Please be aware that: Cryptocurrencies are unregulated in the UK; Cryptocurrencies are not protected under Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS); Profits may be subject to capital gains tax; The value of investments can go down as well as up.

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