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RE: Buy bitcoin with credit card.

in #bitcoin • 7 years ago (edited)

This might be a good deal for quick small purchases.
For anything else... decide for yourself:

read the fine print:

Coinmama's bitcoin price includes a fee of 5.50%
For credit/debit card transactions - 5.00% ADDITTIONAL fee.

Each transaction will cost you the TOTAL FEE of 10.5%

It kind of defeats the purpose of using bitcoin, or that web site, unless it is in some exceptional circumstances.

7 years ago in #bitcoin by
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     7 years ago 

    It's so expensive

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       7 years ago 

      exactly. What is your favourite way?

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       7 years ago 

      Coinbase with credit card or the Swiss Railways ATM

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       7 years ago 

      Do you know what is the Coinbase's commissions, fees etc? I don't immediately see it on their web site.

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       7 years ago 

      Using a card for purchases allows you to receive your bitcoin instantly! Coinbase charges a 3.99% convenience fee for this faster service.

      Maybe Kraken is cheaper. There is a fee of 0.26% and 0.001 BTC for withdrawal.