Mistercoin

How to: Guide to Buying Cryptocurrency With Credit Card

How to: Guide to Buying Cryptocurrency With Credit Card

This step by step guide will walk you through the entire process of purchasing cryptocurrency with mistercoin.

 

For the first time you will need:

 

  1. Cryptocurrency wallet/ address
  2. Credit or Debit Card (we accept all Visa/Mastercard credit and debit cards)
  3. Mobile Phone to take a selfie
  4. Scanned or photographed images of passport/ID/driver’s license

 

Step 1.

 

To Begin, go to the Buy Bitcoin page. Enter the amount you would like to purchase. The page will then automatically convert the price in fiat to crypto. Click continue to go to the next step.

 

Please Note: Make sure you have your wallet address ready to send the cryptocurrency to after purchasing it. If you do not have a wallet click the link  don’t have one? In order to be redirected to open a wallet.

Step 2.

 

The next page is the billing page. You will enter all of the billing information affiliated with the card. Check the box (if you agree to the terms and privacy policy) and then click Continue.

Step 3.

 

You will now verify your email and phone number. Once both are confirmed you may proceed.

Step 4.

 

Enter your credit card details. Make sure the billing address in Step 2 matches the card you provide.

 

Step 5.

 

Upload an ID document

Step 6.

 

You will see a message indicating that your payment request is being processed. Following a few minutes you will receive an email whether your payment is approved or declined.

 

Once the payment is processed the amount of crypto you purchased will be directly sent to the wallet address you provided earlier. An email will be sent to the email address you provided to confirm along with the transaction details. In most cases, payments are processed immediately, in rare cases, it may take up to 24 hours due to delays in identity verification or high demands on cryptocurrency.

 

You can always easily check the status of your payment by entering your payment ID here. If your transaction is still pending, please kindly double check your email Inbox and Spam folders, if there are no pending verification requests from Simplex.

 

We’re committed to fraud-prevention and therefore our verification process may take longer than expected, because we want to make sure that every transaction is executed safely.

 

Sometimes delays can occur due to high demands on cryptocurrency. Unfortunately, this is out of our control and is related to the cryptocurrency provider.

 

After receiving the cryptocurrency to your wallet address you can do whatever you would like with it! Hold as an asset, spend it, transfer it, etc. The options are endless. See our guide for businesses that accept payments in cryptocurrency

 

Spending your cryptocurrency: Businesses that accept crypto as form of payment

 

TRAVEL:

 

Travala https://www.travala.com/

 

Accepted cryptocurrencies: AVA, Bitcoin, XRP, Ether, Litecoin, TRON, Nano, XRP, and +40 cryptocurrencies.

 

CheapAir https://www.cheapair.com/

 

Accepted cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin, Dash.

 

AirBaltic https://www.airbaltic.com/en-US/index

 

Accepted cryptocurrencies: Bitcoin

 

Gift Cards

 

eGifter https://www.egifter.com/bitcoin/?sscid=51k3_fiz44

 

use your bitcoins to purchase gift cards for places that don’t directly accept bitcoins. Allows users to buy giftcards for places like Amazon, Sephora, and more

 

Microsoft

 

Top up your Microsoft with bitcoin and use to purchase games, movies, and apps in the Windows and Xbox stores.