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In the past 3 months, Bitcoin lost around 40% of its value. A pretty annoying fact for the holders, however, for those out of the market, such period can become a comfortable entry point.
Bitcoin has existed for 10+ years, still, it is a challenge to buy it with a debit/credit card. The main problem is extremely high fees (can be as high as 20%!).
In this article, we have collected and compared several popular services that allow you to buy crypto with a bank card.
“Unbridging the gap”Sadly, some of these services try to take advantage of inexperienced users and charge sky-high fees. Behind neat interfaces and straightforward user flows lie extremely unfair exchange rates. You can lose as much as 12–18%.
The brightest representatives of such services are Changelly and Indacoin. Please be careful! Always check exchange rates before making a transaction.
Crypto industry still in “infancy” stageAnother way to buy Bitcoin with a bank card is to set up a crypto wallet or a crypto exchange account. Fees here are lower but can be significant too. Still, the majority of wallets and exchanges do not offer this feature.
An additional inconvenience is that most of these services have a minimum fee. Meaning that you will pay a much higher percentage on small deposits.
For example, if you deposit 50 EUR on Binance, you will pay a minimum fee of 10 EUR, which is 20% of your deposit. To surpass a minimum threshold, you have to deposit more than 286 EUR, which is not always a sum you’re willing to spend.
Our solutionGood news! All these problems are solved on the Blackmoon Platform! We offer you fast and easy bank card deposits with favourable conditions. Our advantages:
Start investing now!
The process is simple and straightforward:
One more benefit of our solution is that you don’t need to buy crypto right away. After funding your account with Euro, you can wait for better prices as long as needed. The best way to do this is to place a limit order at the desired price. The order will be executed automatically when the market price reaches your order price. Please, read more about trading in our FAQ.
Upcoming Gram ListingTelegram Open Network October launch was recently confirmed by Telegram. Grams will become tradable on Blackmoon Exchange right after the launch. Great news! Blackmoon will provide users with an opportunity to buy Grams via bank cards, which, especially in the early months, will be a truly unique offer.
Currently, we are working hard on adding other payment methods to our platform. This includes bank card withdrawals. Subscribe to our social media channels below, and we will keep you informed regarding any further news and developments.
Due to the fact that digital currency and digital token markets are unregulated and decentralized, the provision of our services is not governed by any investor protection rules. Investment in digital currency carries a high degree of risk and volatility and is not suitable for every investor; therefore, you should not risk the capital you cannot afford to lose. This post is for information only and does not constitute solicitation or investment advice.
Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoins worth about $40 million via a single transaction in a “large scale security breach,” the ... Failed Bitcoin ATM Robbery left a nearby Deli Severely Damaged. by Anna Larsen. 8th October 2020. 2 min read 5. 0. SHARES. 0. VIEWS . Facebook Twitter Linkedin Telegram Email Whatsapp. Bitcoin ATMs aren’t even a thing in most nations around the world, and the machines are already drawing in robbers. Over the past years, several cases of attempted robberies at Bitcoin ATMs have emerged. The ... Bitcoin is decentralized, distributed, secure and it is the most immutable ledger on the planet. But here is one fun fact: Unlike Bank robbery; In Bitcoin You can witness the $41 Million stolen funds move in real-time. Plus the fees paid to move this huge amount is only $68. It shows the Bitcoin true utility as a value transfer mechanism. Thanks to the effort of Over the Counter (OTC) crypto exchange firm, robbers were foiled from completing the heist of around $5 million from an account of the metallurgical company Gerdau at Santander bank. The robbers tried converting the stolen funds into Bitcoin, which drew attention and led to several bank accounts being frozen. — CZ Binance (@cz_binance) July 17, 2020. Twitter hack, the position of Binance’s CEO. CZ then discusses the events and shares his point of view. “Bitcoin hack?” No, bitcoin didn’t get hacked. The hackers want bitcoin, because it’s valuable. When bank robbers want cash, it’s not called a “cash robbery”. It’s a bank robbery ... Bitcoin, which allows them to carry out the robberies remotely, leaving no trace and, most importantly, without endangering their physical integrity. Binance Case. Two months ago, we received the ... When bank robbers want cash, it’s not called a “cash robbery.” It’s a bank robbery. “Bitcoin scam?” No, bitcoin didn’t scam anyone.” He added that this incident highlights a bigger issue. With the increased crypto adoption, existing social media platforms need to revamp their security. Internet platforms are no longer just for selfies, and it is used to transfer value, the CEO ... $5 million Santander Bank robbery thwarted in Brazil, as perpetrators caught trying to convert funds to Bitcoin. A potential $5 million online heist in Brazil had attempted to target Spanish ...
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