How to buy cryptocurrencies with a credit card (2020)?
Last update: June 2020
To buy cryptocurrencies with a credit card, simply enter buy.bitcaribe.net, select the desired cryptocurrency and the amount you want to spend. You will need a Visa or Mastercard credit or debit card and to be in one of the supported countries when buying. The process will take you less than 5 minutes. Some cases do not require personal verification.
Buy cryptocurrencies with Bitcaribe
In this article, we set out to show you a platform that in a practical and safe way, allows you to buy cryptocurrencies with a credit card from your mobile phone or computer in 7 simple steps.
This platform is Bitcaribe, and you can access it here. Now let us show all you need to know.
By using Bitcaribe you can buy 30 of the most popular cryptocurrencies in the world, including Bitcoin, Ethereum and Tether. This platform also offers you the possibility to buy cryptocurrencies with a credit card online using Visa or Master Card. In addition to this, you can also make payments with debit cards.
If you have any of these cards, you only need to be in one of the supported countries..
Allowed countries
Bitcaribe is available to buy cryptocurrencies with a credit card in more than 159 countries, check the restricted countries to find out if you are in a territory where the service is not available.
Restricted countries
Bitcaribe is always actively seeking to offer its services in more countries, but sometimes it is not possible for regulatory reasons, the cryptocurrency purchase service with credit, debit and Apple Pay cards is restricted in the following territories:
| Albania | Cambodia | Iran | Pakistan | United States (*) |
| Bahamas | China | Jamaica | Panama | Venezuela |
| Bangladesh | Cuba | Mauritius | South Sudan | Yemen |
| Barbados | Ecuador | Myanmar | Sudan | Zimbabwe |
| Bolivia | Ghana | Nicaragua | Syria | |
| Botswana | Iceland | North Korea | Uganda |
Restrictions in the United States of America
In United States of America the service is restricted in the following states:
- Connecticut
- Hawaii
- Iowa
- Kansas
- Kentucky
- Mississippi
- Nebraska
- New Mexico
- New York
- Rhode Island
- West Virginia
Next, let’s see how you can buy cryptocurrencies with a credit card. Depending on the quantity you wish to purchase, there is a possibility that you may not need to complete our verification process.
How to buy cryptocurrencies with a credit card without verification
On Bitcaribe you can buy cryptocurrencies with a credit card without verification up to a maximum monthly amount of $150.
In general, you only need to have:
- A debit, credit card (VISA or MasterCard) or ApplePay from one of the supported countries.
- Email address.
- Home address in one of the countries where we operate.
If you are in one of the supported countries and plan to buy more than $150 a month, just consider the requirements below.
If you’re already in one of the supported countries mentioned above and you plan to buy more than $150, here is a list of the requirements that you will need to provide.
1. Proof of ID
To gain access to buy cryptocurrencies with a credit card online using Bitcaribe, we need to know your real name and surname. You can send us the following type of government-issued IDs photographed:
- International passport.
- A national ID card (both sides).
- Driving license (both sides).
Please note that we may need to request additional documents.
2. Selfie
As a part of the identity verification process, it is necessary to upload a selfie, a photo of you holding your ID document. This makes the verification process faster and easier because we can see you.
3. Buying limit
Once you’ve signed up and shared your basic information (just your name, address, and email), the monthly limit is $150. After a successful identity verification process (selfie), the daily limit is $2,000 and the monthly limit is $20,000.
Note:
The daily limit is counted not as a calendar day, from 00:00 till 23:59, but as a 24-hour period since purchasing. The monthly limit is counted as a 31-day period since purchasing, and not as a calendar month.
4. Fees
Bitcaribe charges a fee of 8%.
Bitcaribe: 7 steps to buy cryptocurrencies with a credit card
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- Enter Bitcaribe and complete your registration
-
Select which cryptocurrency you want to buy and the amount
-
Enter the address of your electronic wallet corresponding to the currency you want to buy
-
Enter your email address
-
Copy the verification code sent to your email in less than 5 seconds
-
Enter your personal information (full name, date of birth and address)
-
Insert your credit or debit card details and confirm your purchase
After completing these 7 steps to buy cryptocurrencies with a credit card online, you will receive the funds in approximately 15 minutes.
We hope to have provided you with all the necessary information to buy cryptocurrencies with a credit card online in a practical and safe way. Nevertheless, if you still have any questions or you would like to receive some advice before making your purchase for the first time, please don’t hesitate to contact us through the following channels:
- Email address: [email protected]
- Instagram: @bitcaribe
- Facebook: @bitcaribe
- Twitter: @bitcaribe
- LinkedIn: @bitcaribe
Our committed Support Team will get back to you in 24 hours or less.
Other articles of the Bitcaribe blog
- Bitcoin Price Analysis for April 2020 / How Coronavirus Impacts the Price of Bitcoin?
- The Bullish Case for Bitcoin (Analysis 2020)
- The Benefits of Bitcoin: a close look into the network
- Digital Currency War
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