You’re looking to buy Bitcoin with a debit card but not sure where to go? You’ve come to the right place. We provide a simple guide to buy Bitcoin in 4 easy steps
In 2009 Bitcoin (BTC) was first announced to the world in the form of a white paper, released by an anonymous entity, Satoshi Nakamoto. However it wasn’t until 2017 that it really took off, where Bitcoin’s astronomical increases caught the attention of mainstream entrepreneurs and investors. For the first time, Bitcoin was considered to be on par with stocks and bonds, a legitimate asset class of its own.
Created as a decentralised platform on which one can send peer-to-peer payments, this opened the door for bypassing central authorities (payment gateways or banks). Running off blockchain technology, transactions are transparent and immutable. Currently there are about 60% of the 21 million Bitcoins in circulation, meaning that the remainder still need to be mined. It is estimated that all Bitcoins will be in circulation by 2140.
Did you know 0.00000001 of a Bitcoin is called a Satoshi? The coin can be broken down to as little as eight decimal places, meaning that you can choose exactly how much you want to buy. With Cryptofish, the Bitcoin rate is automatically worked out for you, so you just need to decide how much to buy Bitcoin.
Bitcoin currently makes up 51% of the entire cryptocurrency market, and is very much on the forefront of this revolutionary monetary system.
CryptoFish makes buying bitcoin with a debit card feel like a walk in the park. Simply head to the website, see the prompt below and enter your email address.
To register just fill in your name, your email address and a password of your choice.
An email will be sent to the address you provided with a link to activate your account. Simply click on the link and it will automatically direct you to your Dashboard on CryptoFish.
From here you will have two options: either click on a box with your desired amount of BTC that you would like to buy, or enter the amount (either Bitcoin or USD / EUR) in the white box. CryptoFish will work out the Bitcoin rate for you.
You will see that the prices are shown in either USD or EUR. While CryptoFish currently accepts most currencies, it is displayed in these two options. Click on the dropdown to change between the two.
When you are ready to proceed select “Buy Now”.
Here you will need to enter your Bitcoin wallet address. If you don’t have one you can select the red text below the address box, or click here to download one.
Make sure that you check the amount is correct and click “Continue”.
This will take you to a very simple 4-step verification process.
Step 1: Enter your personal and billing information
Step 2: Fill in your debit card details. Rest assured CryptoFish will never store this information.
Step 3: You will need to upload your government issued ID. There are plenty of guidelines on the page to help you, but if you have any questions you can ask the friendly assistant on the bottom right hand side. This process typically clears immediately but can take up to 24 hours.
Step 4: CryptoFish sends your Bitcoin instantly after payment and wallet address are confirmed. The time it takes for your wallet to receive the coin will depend on how busy the network is at the time.
Well done! You have now learnt how to buy bitcoin with a debit card in 2019. Be sure to let other know too.
Yes, by logging onto a publicly accessible “Blockchain Explorer”, like blockchain.info, you can view all your wallet activity by entering your wallet address.
CryptoFish provides the latest news, educational insights and a secure place to buy various cryptocurrencies.
At CryptoFish, we offer a very simple way for you to instantly purchase leading cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple using your debit or credit card online.
CryptoFish does not store your credit card details, encrypts your personal information and is GDPR compliant, making it one of the safest and most secure options. You can trust CryptoFish to easily, securely, and instantly buy cryptocurrency.
If you have any questions, please check out our FAQ section on the website or visit our Educational Portal. Our super-friendly CryptoFish support team is also here to assist you. You can drop them an email or chat live on the website. To chat, simply type your question into the chat box on the bottom right hand side of your screen.
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