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Cryptocurrency for Beginners

How to BUY Bitcoin with a DEBIT Card? In 3 EASY Steps

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KYC is a normal procedure for any legit financial services provider, any company claiming to be legit and not go through this process, should be a huge red flag.

Buy Bitcoin with a Debit Card: Step-By-Step Guide

 

The truth is that some most cryptocurrency exchanges are simply not adapted for newbies.

If you are new to Bitcoin and cryptocurrency, I would not recommend buying Bitcoin on just any exchange simply because there are several Bitcoins.

Worse, you could easily see yourself buying the wrong Bitcoin or worse with a Bitcoin Forksuch as BitcoinGold (BTG), BitcoinCash or BitcoinSV.

The best way to Buy Bitcoin with a Debit Card (Visa) is through Coinmama.

 

How to Buy Bitcoin With A Debit Card?

The truth is some most cryptocurrency exchanges are not adapted for newbies.

And, at the beginning your main focus is actually getting Bitcoin easily at the good market prices.

I recommend Coinmama because they offer an online store experience rather that money exchange experience.

I also like the fact that Bitcoin is referred to as BTC so you know what you’re buying.

You also get access easy access to other popular cryptocurrencies such as Ethereum and Litecoin.

You can buy it from your phone/tablet or on your computer.

 

Step 1: Create an account

Go to Coinmama.com or click here:

Buy Bitcoin With Coinmama.

Click on the light blue “sign up” button.

Click on the Sign up Button on the top right
  1. Enter your email, new password and tap “Create Account”.
  2. On the second page; enter your name, date of birth and gender.
  3. On the third page enter your Address and phone number.

 

KYC is a normal procedure for any legit financial services provider, any company claiming to be legit and not go through this process, should be a huge red flag.

 

Step 2: Verify Your Account

For the next step, you will need 3 things

  • Your Government ID
  • A pen and paper
  • Your phone or camera
  • Upload the Front and Back of Your State ID
  • Take a piece of paper and write Coinmama
  • Take a selfie with the paper and your ID clearly showing

 

You will get this confirmation message as soon as this step is complete:

Then, you wait…

Coinmama is based in Isreal so if you do the verification process during their business hours it should take only a few minutes.

The good news is once you are verified, you will not have to undergo the verification process again.

 

Step 3: Buy your Bitcoin

This is the easy part:

Now on the Coinmama homepage, just select the amount of Bitcoin you would like to buy.

  • Choose the amount of Bitcoin.
  • Now, you just have to proceed to check out and enter your Debit Card information.
  • Select “Buy” and Check Out.

CONCLUSION

Getting into Bitcoin is great, but cashing out your Bitcoin is just as important.

 

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