Today in this post, we will tell you how to buy Bitcoins using a credit/debit card in Pakistan.
Coinmama is the exchange that offers this facility to buy bitcoin using a credit/debit card. they offer many cryptocurrencies to buy which includes Bitcoin, Etherum, Litecoin, and many more. they accept many payment methods which include Credit/ debit, Apple Pay, etc. The website you are currently viewing - its design and functionality may vary depending upon your location.
This is the process you have to follow:
1. Signup on Coinmama. This is a very simple process, you simply need your email address for creating an account on Coinmama.
2. Verify your account. Unless you confirm, you will not be able to make large transactions on Coinmama. You will need some pictures of the following documents
3. National ID card (both sides)
4. International Passport (double page)
5. Utility Bill/Driver’s License
6. Your picture holding CNIC
Each picture should be clear and high quality and less than 4MB. Almost every exchange requires some identification to control money laundering. Coinmama claims to ensure the confidentiality of your personal information by storing data after encryption.
Unlike many other exchanges, Coinmama doesn't offer a wallet. You can get your wallet from blockchain.com
Go to the Buy Bitcoins option and select one of the available amounts or use the “slider” (the price calculator) to buy more or less than the amounts offered. Select the amount and move further.
The next step is to select the payment method. Coinmama offers many payment options like Credit or Debit Card Apple Pay or bank transfer. you can pay through any Credit or Debit Card or Apple pay.
Enter your Bitcoin wallet address. You will receive a wallet address through a confirmation email. After you confirm it, Bitcoins will directly be transferred to your wallet. You may experience delays if you are transacting outside their business hours (GMT+3). Otherwise, transactions are processed immediately.
Check your Bitcoin wallet for the new Bitcoins you purchased.
Bitcoin rates may vary in almost every exchange, as the bitcoin network is not regulated by a central body. It’s a better way to compare the rates with that of the average market rate by using websites like TradeBlock.
The prices you see on Coinmama include a 6.3% Service fee, in addition, 5% payment processor charges apply for credit/debit card transactions.
Coinmama is the exchange that offers this facility to buy bitcoin using a credit/debit card. they offer many cryptocurrencies to buy which includes Bitcoin, Etherum, Litecoin, and many more. they accept many payment methods which include Credit/ debit, Apple Pay, etc. The website you are currently viewing - its design and functionality may vary depending upon your location.
This is the process you have to follow:
1. Signup on Coinmama. This is a very simple process, you simply need your email address for creating an account on Coinmama.
2. Verify your account. Unless you confirm, you will not be able to make large transactions on Coinmama. You will need some pictures of the following documents
3. National ID card (both sides)
4. International Passport (double page)
5. Utility Bill/Driver’s License
6. Your picture holding CNIC
Each picture should be clear and high quality and less than 4MB. Almost every exchange requires some identification to control money laundering. Coinmama claims to ensure the confidentiality of your personal information by storing data after encryption.
Unlike many other exchanges, Coinmama doesn't offer a wallet. You can get your wallet from blockchain.com
Go to the Buy Bitcoins option and select one of the available amounts or use the “slider” (the price calculator) to buy more or less than the amounts offered. Select the amount and move further.
The next step is to select the payment method. Coinmama offers many payment options like Credit or Debit Card Apple Pay or bank transfer. you can pay through any Credit or Debit Card or Apple pay.
Enter your Bitcoin wallet address. You will receive a wallet address through a confirmation email. After you confirm it, Bitcoins will directly be transferred to your wallet. You may experience delays if you are transacting outside their business hours (GMT+3). Otherwise, transactions are processed immediately.
Check your Bitcoin wallet for the new Bitcoins you purchased.
Bitcoin rates may vary in almost every exchange, as the bitcoin network is not regulated by a central body. It’s a better way to compare the rates with that of the average market rate by using websites like TradeBlock.
The prices you see on Coinmama include a 6.3% Service fee, in addition, 5% payment processor charges apply for credit/debit card transactions.
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