Users on the top-leading digital and virtual currency exchange platform Paybis can now easily buy bitcoins instantly using their credit cards. The new functionality makes Paybis one of the few platforms which offer such a facility. Paybis supports credit cards issued from major online services such as Visa, MasterCard, Discover, etc. In fact, many of them are already running with this latest service. If you are planning to buy some bitcoins but do not have access to any such credit card service, then this is the best time for you to buy them from your local merchant outlet.
As of now, if you are a novice in this business, you must keep in mind that it is difficult to buy bitcoins with a credit card because it remains a cash-based trade. But with the introduction of this new platform, buying them with a credit card is really easy. Thus, merchants and consumers are able to benefit from the benefits of this latest innovation, which is bringing the industry closer to everyone. This is also a way of promoting the use of electronic transactions at the same time reducing the number of fraudulent transactions on the part of both parties.
In order to buy bitcoins, you will be required to complete a transaction using one of the available payment gateways like PayPal. These gateways act as an intermediary between buyers and sellers and help them in completing a sale or a purchase transaction online. This facilitates instant transactions, as all you have to do is provide the information of the buyers like their name, address, email id, and credit card number. Once this information is submitted, the gateway will charge the appropriate amount to the seller’s account.
There are various credit card payment methods that can be used in order to complete a sale. However, the most commonly used for this purpose are credit cards, PayPal, Neteller, WorldPay, Moneybookers, etc. All these transaction methods are available online, giving buyers and sellers the ease to complete transactions through their preferred payment method. Buyers and sellers can also save their time by using different payment methods apart from these, they can also compare the prices of different vendors online.
It is a fact that buying anything online is a very convenient transaction is done through the help of a credit card or any other payment method. The best way to go about it is to look for a reputed online broker. A brokerage firm offers a variety of options such as selling and buying currencies, giving you ample opportunities to buy and sell bitcoins. Online brokers offer not only buying but selling of BTC and hence it is advisable for anyone to register with one of them to gain maximum advantage.
Buying bitcoins with credit cards is simple and fast. You just need to fill up an online form with desired information such as name, address, email id, and a contact phone number. After a few hours, you will get an activation email from the broker. You can now log in at your brokerage site and look for the option of buying and selling bitcoins with a debit card or credit card (here is an excellent guide to the subject). Many of these sites also accept major credit cards such as VISA, MasterCard, Amex, Discover, etc.
There are many other options available for buyers who prefer to buy anonymously. The most popular method is the peer-to-peer exchange. It is the most secure and private method of buying and selling bitcoins. However, it is only recommended for those who have some background knowledge on how computers and networking work. For instance, it would be difficult to learn how to buy bitcoins through a peer-to-peer exchange if you do not have basic knowledge of computers.
If you choose the traditional way of buying using a credit card, the process is still the same as explained above. But what if you want to pay anonymously? For that, you need to find a service that enables you to transact anonymously. There are services like BitTribe, prepaid card, PayPal, etc. These companies will provide you with a virtual credit card that can be used just like any credit card but with a very low fee and no need for registration.