The following tutorial will explain how to buy Bitcoin with a debit card.
Note: If you’re looking to buy Bitcoins with a debit card for trading purposes only then perhaps you’re better off checking Plus500 Bitcoin CFD trading. Keep in mind that when trading CFDs your capital is at risk.
Buying Bitcoin with a debit card is pretty similar to buying it with a credit card. In this post I will cover the most popular exchanges used today.
Buy Bitcoins with a debit card at Coinbase
Pros: User friendly interface, Relatively low fees, Established reputation
Cons: Not available worldwide, Support takes time to respond
Overall rating: A
On March 2016 Coinbase has added the option to buy Bitcoins with a debit / credit card on their exchange.
To get started, sign in and visit the payments method page. Click “Add Credit / Debit Card” to add your card. You will now be able to use this card in order to make your next payment and receive your Bitcoins instantly. Buying Bitcoins with your debit card is free of charge (credit cards have a 3.75% fee applied). However, you will need to upload a government issued id in order to prove your identity before being able to buy the coins.