11 Best exchange to buy & sell Bitcoins and altcoins online instantly 2018

11 Best exchange to buy & sell Bitcoins and altcoins online instantly 2018

11 Best exchange to buy & sell bitcoins and altcoins online instantly using the credit card 2018

This article is about best exchanges to buy & sell Bitcoins and altcoins online instantly using the credit card. I have given my best efforts to find most suitable and trusted exchanges for the purpose

Bitcoin and other altcoins are on their boom now. At starting of February 2018 Bitcoin value is hovering around 7000$ to 10000$. (Although Bitcoin value was at its peak in late December 2017 and at the start of 2018)

In the year 2017 Bitcoin annual growth was staggering ( 4000% ) — unreal

I can assure you one thing that the price of Bitcoin will keep on increasing because Bitcoins was innovated in such a way that only 21 million Bitcoins can be mined and around 17 million Bitcoins have been mined so far. So even a fraction of Bitcoin is a gem.

In late December when Bitcoin price surge to 3000$ to 18000$ in a matter of 30 days. This huge surge in the price of Bitcoin was one of the hottest topics in the market. Every media outlet and all other investing institution buzzing the market about Bitcoin expansion. The people who were even unknown to cryptocurrency just rushed to buy a piece of cake.

Due to this reason all major exchanges was overloaded. It was literally impossible to buy Bitcoin during that period even some exchanges banned new user registration and the transaction was taking 24 to 72 hours to complete.

On average Bitcoin price rose to 300$ to 1000$ per day. So it was basically the loss of 500$ to 1000$ per 24 hour due to pending and late transactions.

Not able to Purchase Bitcoin on demand caught Cryptocurrency exchanges off guard. Some users were unable to capitalize that rare opportunity which Bitcoin offered them.

So now, user realized the importance of buying Bitcoin instantly to grab the given opportunity. Hence the credit $ debit card is one of the solutions to buy & sell Bitcoins instantly.

So keeping in mind, the importance of buying cryptocurrency instantly using credit & the debit card. I have mentioned below list of 11 best cryptocurrency exchanges to buy & sell Bitcoins and altcoins instantly using the credit card and PayPal

To buy and store Bitcoins first you need to create Bitcoin wallet address which is like your Bank account number where you store your money and same is followed for Bitcoin where you need wallet address to store Bitcoins

For creating wallet address read this post.

Create Bitcoin wallet address — 5 Best Bitcoin wallet 2018

Below is the list of 11 best exchanges to buy & sell Bitcoins and altcoins online instantly using the credit card & debit card.

1. Buy & sell Bitcoins and altcoins online instantly using the credit card at Coinbase

Coinbase exchange is one of the established, reputed and best exchange to buy & sell Bitcoins and altcoins online instantly using the credit card. It sits at the top of the hierarchy in the list.

The exchange was founded by Brian Armstrong and Fred Ehrsam in 2012 and based in San Francisco, California.

Coinbase supports 33 countries including the United States of America and has served over 12 million customers to exchange over $40 billion in digital currencies.

Other than Bitcoin Coinbase exchange also allows to buy & sell altcoins like Bitcoin Cash, Litecoin, and Ethereum online instantly using the debit card.

Coinbase doesn’t facilitate buying and selling Bitcoins & altcoins in India

5 Best Bitcoin exchange in India to buy & sell Bitcoins and altcoins

Although, there are other payment methods like Bank transfer, SEPA, and Xfers(only available in Singapore)

It also provides cold storage wallets to store Bitcoin and all three altcoins in 190 countries including USA and India.

3 Top Cryptocurrency hardware wallets review 2018

Coinbase charge fees ranging from roughly 1.49% to 3.99%, depending on your payment method, transactions with the credit card are charged most i.e. 3.99% which is among the lowest for European and US customers.

There are four account verification levels on Coinbase, and first, three levels verification takes only a couple of minutes. The fourth level verification does take the little bit longer maybe few weeks.

Upgraded account level increases the user’s buying and selling weekly limit from 1000$ to 50000$ per week.

Coin base one of the best exchange even for beginners because of its very user-friendly interface. It is literally effortless to acquire Bitcoins from here using the credit card.

Coinbase security is robust. Two-factor authentication is necessary to even logged in. Passwords are encrypted and Bitcoins and all other three altcoins are insured.

Pros

Established and reputed Bitcoin exchange, available in 30 countries to Buy & sell Bitcoins.

High weekly limits to buy & sell Bitcoins and altcoins online instantly using the credit card

Security is robust enough

Bitcoins along with three altcoins are insured

Cold storage wallet for each altcoin

Exchange charges 3.99% fee using the credit & debit card. Which is among the lowest for European and US customers.

Cons

.Not available in every country to buy & sell Bitcoins using the credit card including India

.Level 4 account verification take forever.

Sign up using this link at Coinbase to receive bonus 0f 10$ when you make the transaction of 100$ and more

11 best exchange to buy & sell Bitcoins and altcoins online instantly using the crredit card 2018

2. Best exchange to buy & sell Bitcoins and altcoins online instantly using the credit card at Coinmama exchange

Coin Mama is a veteran exchange and was launched in the year 2013. It is a company based in Israel and is ranked at second in the list of 11 best exchange to buy & sell Bitcoins and altcoins online instantly using the credit card.

11 best exchange to buy & sell Bitcoins and altcoins online instantly using the crredit card 2018

Coinmama offers high liquidity and allows to buy & sell 10000$ worth Bitcoins per day and 20000$ worth of Bitcoins in a month using the credit card & debit card (thanks to companies like Simplex which have allowed exchanges to verify users with less risk, thus allowing the acceptance of credit cards rather the old methods like Western Union)

Coinmama offers the highest buying limits on the list of best exchange to buy & sell Bitcoins, who accepts the credit & debit card online.

Other than the credit & debit card, Western Union, and cash are also accepted payment method.

Coinmama supports the most countries who accept the credit card including some states of United State of America.

Tennessee, Texas, Virginia Wisconsin, Pennsylvania, Arizona, Illinois, Indiana Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Montana, Nevada, Massachusetts, California, Colorado, Florida, New Jersey, New Mexico, North Carolina, South Carolina.

There is four account verification level. Which set the buying & selling weekly limit

An unverified user can buy & sell Bitcoin and Ethereum worth 150$. Then comes level1, level2, and level3

Level 1Transaction limit increased to 10,000$ instantly using the credit & debit card Require a valid personal ID

Level 2Transaction limit is increased to 50,000$. Requires valid personal ID and address proof

Level 3Transaction limit is increased to 1 million $ worth Bitcoins or Ethereum

There is no limit to a level 3 verified user. To get level 3 verified you should be level 2 verified and has to make a special request to the support (support@coinmama.com).

Coinmama’s transaction fee is on the higher side, with a 5.50% fee per transaction. In addition, Coinmama charges an additional 5% fee on buying Bitcoins and Ethereum using the credit & debit card.

11 best exchange to buy & sell Bitcoins and altcoins online instantly using the crredit card 2018

Transactions are fast. Customer support is also very fast usually replies within 10 minutes.

Overall, there is no alternative to Coinmama exchange if you want to buy & sell Bitcoins and altcoin online instantly using the credit card at the expense of high fee.

Pros

.Very user-friendly interface.

.Offer one of the highest Bitcoins buying limit per day (50000$) for verified members using the credit & debit card

.Very fast transaction.

.Coinmama without a doubt is the no.1 exchange to buy & sell Bitcoins and altcoin like Ethereum instantly using the credit card

Cons

.Transaction fee is comparatively high

.For buying Bitcoins more than 150$ user have to get verified.

Sign up for coinmama exchange and receive special reward from coinexpansion

3. Cex.io best exchange to buy & sell Bitcoins and altcoins online instantly using the credit card

11 best exchange to buy & sell Bitcoins and altcoins online instantly using the crredit card 2018

Cex.io exchange is one of the established and renowned Bitcoin exchange online. It is based in London and was established in 2013 as a Bitcoin mining provider but now only operates as Bitcoin exchange.

The thing I like about CEX.IO that it is very transparent they will let you know how much you will pay even before signup. It let you buy & sell Bitcoins and altcoins instantly using the credit & debit card along with other multiple payment options.

Cex.io exchange charge 3.5% + $0.25 fee for buying Bitcoins and altcoins using the Visa or Mastercard. This is one of the lowest fees for credit card purchase.

One of the drawbacks of CEX.io is the hidden service fee they charged which is 7% of total amount of fiat currency. In case, you buy Bitcoins and altcoins directly using the credit & debit card or net banking then Cex.io will charge extra 7% service fee.

So in plain English, it means if you want to buy Bitcoins and altcoins worth $1000 you will receive Bitcoins and altcoins worth 930$

However, if you fund your Cex.io account with either a bank account (no commission on CEX.io’s part) or a credit card (3.5% + $0.25 commission).

Altcoins cex.io supports are Ethereum, Bitcoin Cash, Ripple, Monero, Dash, Z-cash, Neo, Namecoin, Dogecoin, and Litecoin.

Fiat-currency they support are Euros, Pound, US dollar, Russian rubles.

There are four types of account Cex.io supports, which set the buying & selling limit of the user.

Basic account, you can buy Bitcoins and other altcoins worth 500$.

the verified account allows a user to buy bitcoins and altcoins worth 100000$ per day. To be a verified account holder user has to upload a scanned copy of government-issued ID with a selfie holding it.

There is also a ‘verified plus and Corporate account’ which allow a user to buy & sell Bitcoins and other altcoins worth unlimited amount. To get verified plus and corporate account status user has to make a special request to customer support.

Cex.io has strong security architecture and user-friendly interface. Customer support is of the highest standard and they usually answer within hours.

Pros

. Well established and renowned Bitcoin exchange with large member base

. Very user-friendly interface, ideal for beginners.

. Cex.io offer multiple payment options like the credit & debit card purchase and wire transfer.

. Transaction is fast and instant

. Charge reasonable 3.5%+0.25$ fee if you fund your cex.io account using the credit & debit card

. Can buy unlimited amount of bitcoins with verified plus and corporate account

Cons

7% hidden service fee if a user buys Bitcoins and altcoins directly using the credit & debit card or net banking.

Sign up with Cex.io exchange and receive special reward from coinexpansion community click here

4. Buy & sell Bitcoins and altcoins online instantly using the credit & debit card at Changelly

Changelly is newly born Bitcoin exchange launched in 2016. Changelly was established by the exact men who own MinerGate — a mining pool that will allow you to sign up for other miners across the globe.

Instant cryptocurrency exchange — Changelly vs Shapeshift 2018

Changelly is based in Prague(Checkslovakia). The exchange is clean and easy to use, have an intuitive interface, best exchange rates, very low fees.

It allows you to buy, sell and exchange altcoins in the most convenient way possible. It does this by aggregating and suggesting the best rates directly on its website.

Changelly offers you best exchange rate in comparison to other best exchange to buy & sell Bitcoins and altcoins online.

Changelly accepts payments in nearly any cryptocurrency and you can receive a payout in any other cryptocurrency. The exchange allows to buy & sell Bitcoin and altcoins online instantly using the credit & debit card.

There is a static trading fee 0.5% fee, which is fairly competitive. However, cheaper rates are available when working directly on market trading platforms.

But if you buy & trades using fiat currency (i.e., dollars, euros, etc.) directly then fee vary with this method. The trading fee can reach up to 15% on a bad day.

To process these transactions, Changelly needs a third-party payment service, which massively varies the rate (currently Indacoin). However, Changelly claimed to be working to counter this issue.

Changelly supports almost every country in the world. It has very high buying limits and solid liquidity. You can make a trade of any size, and a transaction is processed within 5 to 30 minutes.

Guide to trading cryptocurrency- 15 tips to earn like a pro

Pros

No ID verification is needed to buy & sell Bitcoins and altcoins on the platform

The largest offering of altcoins in cryptocurrency exchange industry.

Lowest commission fee for crypto-to-crypto conversion.

Interface is clean, simple, and beginner-friendly

Security is top notch with a great customer support.

Cons

Fee is slightly higher when purchasing Bitcoins and altcoins using the credit & debit card

Sign up to Changelly exchange and get the best exchange rates click here

5. Buy & sell Bitcoins and altcoins instantly online using the credit & debit card at Indacoin cryptocurrency exchange

Indacoin is a London-based exchange established in 2013. The exchange allows to buy & sell Bitcoins and altcoins online instantly using the credit card & debit card at best exchange rates.

For buying, selling and trading Bitcoins along other altcoins you require neither registration nor verification.

11 best exchange to buy & sell Bitcoins and altcoins online instantly using the crredit card 2018

7 Best altcoin trading platforms to trade cryptocurrencies 2018

When the first time you use the credit & debit card, you will receive a call from Indacoin with a 4-digit code, which should be entered on your order page. After that, you have to enter a 3-digit code which is available on your online card statement next to the final order amount.

You can also buy bitcoins and altcoins using Payza, OkCash, UniPay, BTC-e other than the credit card.

You will have the buying limit of $50 for the first transaction.

Then buying limit will be increased to $100 for the second transaction after 4 days of the first transaction.

Then buying limit increased to $500 after eight days of the first buy.

The total limit for the first month will be $5,000 and then no limits at all.

You can buy bitcoins and altcoins in more than 200 countries using the credit card and other payment methods like Payza, OKPay, UnionPay, Perfectmoney, and BTC-e.

It’s possible to use fiat currencies other than US dollars, but they’ll be converted at your bank’s exchange rate.

A credit card is the most convenient way to buy & sell bitcoins on Indacoin.

Transaction fee for credit card is 4% (minimum 2$) of the total amount

Transaction fee for Payza is 2.9%+0.3$

You’ll pay the fee for each transaction you make on Indacoin’s trading platform.

The only option to withdraw fiat currency is through Payza

Payza charges 2.9% +$0.3 fees for depositing funds using the credit & debit card

Payza charges $8 fee for withdrawal of less than $5000 via credit & debit card.

It charges $0.50 withdrawal fee via net banking.

Security is stable enough to make transaction secure on the platform.

You need to enable 2-factor authentication to use the platform. They don’t store user personal details as well as details of your credit card.

They only allow 3-D secure card for the transaction.

Support is satisfactory there are options for Live chat, email support, and phone support.

Support usually responds within 24 hours.

Pros

Support more than 200 countries including US & India

 

Multiple payment methods including the credit & debit card

No cryptocurrency depositing fee

No ID verification is required to buy & sell Bitcoins and altcoins online instantly using the credit card or other payment methods

Unlimited buying limit after first few transactions and 30 days.

Cons

No direct bank transfer

Comparatively high transaction fee

No option for withdrawal using the credit & debit card.

sign up for Indacoin cryptocurrency exchange

6. Bitstamp — Best exchange to buy & sell Bitcoins and altcoins online instantly using the credit card.

Bitstamp was founded in August 2011 by current CEO Nejc Kodrič and Damijan Merlak.

The company was originally launched in Slovenia but eventually moved to the UK in April 2013, before moving to Luxembourg in 2016.

Bitstamp is fully licensed in Luxembourg as a legal EU payment institution So it is operated and regulated in all 28 EU countries. Bitstamp claimed to be first regulated and licensed cryptocurrency exchange.

The exchange allows buying Bitcoins and altcoins instantly using the credit & debit card along with other traditional payment methods like bank transfer.

There are some specifics regarding the bank transfers, with EU clients being more easily accepted via the SEPA System. While this system relatively faster comes at higher fees (depending on your bank).

Bitstamp supports three altcoins (Litecoin, Ethereum, and Ripple) along Bitcoin to buy, sell and trade. $5 is the minimum value required to trade on Bitstamp exchange (Planning to start Bitcoin cash trading)

Depositing and withdrawing are free for all cryptocurrencies. However, withdrawing using BitGo Instant will cost you 0.1%. Also transferring Ripple between accounts costs 0.20% of the value involved.

The fee charges using the credit card depends on the amount of transaction.

Bitstamp charges 8% for amounts less than $500

They charges 7% for amounts between $500 and $1,000, and 6% for purchases above $1,000 but less than $5,000. It charges 5% for purchases above $5,000.

Withdrawals from Bitstamp using the credit card costs a flat fee of $10 for the amount less than $1,000. For withdrawal over $1,000, Bitstamp charges a fee of 2%.

Bitstamp charges for a long list of service and operational fees. The list includes declined cash withdrawals ($0.55), a monthly account fee ($1.95) and a dormancy fee ($5).

Bitstamp seems to be more convenient for European users because you can deposit Euros with SEPA for free.

There are claims that the Bitstamp customer support is notably better than on many other exchanges, but can still be very slow. Once a trade has been entered, it is extremely quick.

On January 2015, Bitstamp got hacked for 19,000 bitcoins. Hence halt its service for about a week. Not ideal, but definitely not near the 850,000 bitcoins that got hacked from Mt. Gox.

But, each security threat makes a platform to adopt more security measures to ensure the safety and security of users. Since the hack in 2015, things have been relatively smooth for Bitstamp.

Enabling 2-factor authentication is compulsory to even access the platform and user verification is necessary to make a trade.

Bitstamp keeps around 98% of all its crypto coins in cold wallets. The rest is kept for live trading via the exchange.

3 Top Cryptocurrency hardware wallets review 2018

Bitstamp has a clean and user-friendly interface on the web as well as on mobile applications. Customer support is notably better but extensive verification can take weeks if not the months to complete

Overall, Bitstamp is well established and secure exchange mainly for intermediate to advanced high-level traders, especially those living in Europe.

And does deserve its place on the list of best exchange to buy & sell Bitcoins and altcoins online instantly using the credit & debit card.

Pros

Bitstamp is first regulated and licensed cryptocurrency exchange

Depositing Euro with SEPA is free.

Low trading fees of .25% or lower

Bitcoins and altcoins deposits & withdrawals are free

Transactions are extremely quick.

Customer support is notably better than other established exchanges.

Cons

Depositing and withdrawing funds using the credit card is relatively expensive.

Extensive verification take weeks to complete

Limited number of altcoins to buy & sell

7. Xcoins best exchange to buy & sell Bitcoins instantly online

xCoins is not a typical Bitcoin exchange rather it is a Bitcoin lending platform i.e. a peer-to-peer Bitcoin lending service that connects bitcoin lenders and borrowers. xCoins is merely the middleman that facilitates the transaction.

The process of receiving bitcoin on xCoins is the exact same as any exchange. Simply make payment via PayPal or the credit card to the lender and receive bitcoin instantly.

xCoins has been operating since August 5, 2016, based in California, USA and founded by Sergey Nikitin a computer science graduate from the University of California.

Xcoins is one of the rare exchange that allows buying Bitcoins using PayPal. Instead of selling you Bitcoins they are literally loaning you Bitcoins.

Let me explain it in plain English how does Xcoins work for buyer (borrower) and seller (lender)

The buyer or borrower comes to the platform and asks to “loan” some Bitcoins.

After a short ID verification process, Buyer has to make a one-time deposit equivalent to Bitcoin he wants to borrow.

(Fund will be deposited using PayPal & the credit card + processing fee associated with the payment method + a fixed amount which acts as an interest on the amount).

After making the total payment Buyer will receive Bitcoins

There will be no ongoing interest on the loan since the amount is a one-time payment.

Unlike regular exchanges, borrowers can get their money back if they no longer want the bitcoin.

How does xCoins work for seller

Seller or lenders have to transfer Bitcoins to their Xcoins account wallet.

Lenders can set their own BTC rate + interest on the lending amount + PayPal/credit card processing fee.

xCoins recommends that lenders set their interest rate fee at 15% to start.

To provide the receipt of payment, sellers are required to attach their credit card or PayPal address.

xCoins has an automated system which connects the buyer and seller according to their requirement.

xCoins is free for lenders. Borrowers are subject to the following fees

PayPal fee 2.9% + $0.30 on top of loan amount interest, Loan originating fee 5% of loan amount or higher, depending on lending volume

Get free Bitcoins — 7 ways to make money with Bitcoin 2018

Transfer fee payable to Bitcoin miner 0.00025 BTC

Bitcoin is the only currency xCoins support. Xcoins provides their service to more than 40 countries including USA and India.

Transactions are instant for Xcoins existing users.

Newly signed up users may face transaction delay up to three hours.

The minimum loan amount is 10$ and the maximum loan amount is $100

xCoins encourages the use of 2-factor authentication as the security measure. Support does reply within 24 hours and there is a public discussion forum to raise your concerns

Pros

No extensive ID verification

Accepts PayPal as payment method ( extremely rare in cryptocurrency exchange market)

Transactions are instant

Interface is easy to use and beginner friendly

Support does reply within 24 hours of user query

High member base of US, India, Spain, Italy, and UK users (approx 90%)

Cons

Maximum loan amount limit is low

Got hacked in 2017 (but recover well since then)

Interface features are not appealing. No graphs and charts

Sign up for Xcoins to borrow and lend Bitcoins

8. Virvox Best exchange to buy & sell Bitcoins online instantly using the credit card & PayPal

The Virtual World Exchange is commonly known as virvox. It was launched in 2007 for the players of the Second Life virtual reality video game. There you could exchange fiat currency for the virtual game tokens known Second Life Lindens (SLL), Avination’s C$, and the Open Metaverse Currency (OMC).

The Virtual World Exchange is headquartered in Vienna, Austria.

It was launched well before digital currency came into existence. In 2011 they started to accept Bitcoins hence basically became the Bitcoin exchange allows to buy & sell Bitcoins online instantly using the credit & debit card, PayPal, Skrill, SOFORT Banking (same as online banking), Paysafecard (one can add money to a Paysafecard from one of their locations throughout the world via cash), and OkCash.

In 2018, VirWoX is the go-to site for people in need of SLL and Bitcoin, particularly those who use PayPal. The exchange has over 980K registered users at the time of writing this post. VirVox exchange has users mainly from USA, Germany, and France.

The user needs to convert the “real” money into SLL and SLL to Bitcoins. It can be inconvenient and expensive but it’s probably to keep off the scammers and con artists.

On top of this, there are not many Bitcoin exchanges who accept PayPal as payment method except Local Bitcoins (depends on whether seller accept Paypal as payment option or not? if yes, then those sellers generally ask high exchange rate)

VirWoX has been around for a decade. On the legal aspect, VirWoX is officially registered and regulated and actually has a physical office. Most of the Bitcoin exchanges do not have physical addresses and most definitely don’t give their locations.

Probably the biggest advantage of VirWoX is the convenient fiat payment methods i.e. PayPal, credit cards through Skrill, Paysafe card, SOFORT deposits.

Virwox has slightly high fees but this is mainly due to the site is constantly under high risk of being defrauded by people taking advantage of PayPal’s buyer protection policy and they have to charge higher fees to serve as premium.

The PayPal fee, for instance, is 0.35 Euro + 3.4% of the transaction amount.

The Skrill fee is similar and somewhat higher 1.e. 0.39 Euro + 3.5% of the transaction.

The withdrawals also charged with handling fees i.e. 0.0005 BTC per bitcoin withdrawal.

Fiat currency + 2% PayPal Fee per PayPal withdrawal.

1 USD or 1 Euro per withdrawal will be charged for all other types of withdrawals.

Deposits in Bitcoin are free.

Along with the transfer fees, VirWoX also charges commissions.

Depending on the coin and the type of order (market or limit) Virvox charges a commission

Credit card limits VirWoX has set certain buying limit with the credit cards & PayPal, depending on the age of the account.

Level 0–90 euro per day and 270 euro per month buying limit using the credit card & PayPal.

Level 1 — level 1 starts after 10 days to signup and buying limit is 120 Euro/day and 900 Euro /30 days

Level 2 — after 30 days to signup buying limit is 200 Euro/day and 2000Euro/month.

Level 3 — after 60 days to signup buying limit is Euro 400/day and Euro 5000/month

Level 4 — on special request to support buying limit is Euro 1000/day and Euro 15000/month
There are no limits for withdrawals.

Support and security of the exchange are satisfactory and platform provide a user-friendly and smooth experience.

Note — There are some complaints regarding user account suspension or permanently freeze. It is mainly due to suspicious practices of the user, but still, they refunded money to user bank account.

Pros

Virvox exchange is regulatory with physical address presence in Vienna, Austria

Multiple payment options including buying bitcoins using the credit card

Accept Paypal as payment option (one of the few)

No ID verification is required

Online presence over a decade

Cons

Slow support

High transaction fee

Create account on Virvox exchange

9. BitBay Best exchange to buy & sell Bitcoins and altcoins online instantly 2018

BitBay was established in 2014 and rated as one of the established, renowned and best exchange to buy & sell Bitcoins and altcoins online in Europe today. The company is based in Poland and spearheaded by their CEO Sylwester Suszek who is a prominent personality in the finance world.

BitBay allows funding the account with the Credit Card instantly,

Bitbay can be used to buy, sell, and trade Bitcoin, Litecoin, Ether, Lisk, Bitcoin cash, Game, Dash.

Guide to trading cryptocurrency- 15 tips to earn like a pro

For Polish users, you can actually get a BitBay debit card to make local purchases and transactions. This card is tied to your BitBay account and is backed by MasterCard. There are also features for paying bills and buying bitcoin via SMS.

BitBay offers a more advanced trading platform. BitBay allows a user to trade more efficiently than many of its competitors. The reason for this is that BitBay does not hold the currencies themselves, they just provide a software and platform for the user to buy, sell and trade Bitcoin and other altcoins against Fiat currency.

Fiat currencies they support are USD, Euro, and Polish zloty.

BitBay accepts deposits both in Cryptocurrencies i.e. Bitcoin, Litecoin, Ether, Lisk, Dash, Bitcoin cash, Monero, Game tokens and in fiat currencies i.e. EUR, USD, and PLN.

Payment method accepted by BitBay is the bank wire transfer, credit and debit cards. Polish users can make a deposit through the Polish post office and at the convenience store chain Zabka Freshmarket.

The user can make transaction up to 15000 Euro using the credit card & debit card basically without any ID verification. But you have to get your Mastercard verified.

Wire transfer allows a user to purchase the unlimited amount of Bitcoins and other altcoins without or with ID verification.

So does transactions made via cryptocurrencies are unlimited

Bitbay uses taker-maker fee model and transactions fee would depend on the monthly volume trade size. The taker fee for the website ranges from 0.25 to 0.43% and the maker fee runs around 0.17 up to 0.30% per transaction. You can read more about the complete list of fee schedules here. Bitbay also charges 5% fee on deposits made via Credit Card.

Bitbay has good and active online support. Using an instant messaging app at the bottom of the screen support is always one click away.

Pros

Accept fiat currency deposits

Multiple payment options including the credit card deposit

Advanced trading platform with good no of altcoins

Highly suited to Poland and European customers

Cons

Purchases made via credit & debit card costs 5% fee

Not beginner-friendly

Sign up with BitBay exchange and start your trading career

Also, visit

Top 10 most trusted Bitcoin exchange worldwide 2018

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