Buy Bitcoin with Credit Card or Debit Card

On Paybis, you can buy Bitcoins instantly with credit card or debit card. In fact, any transaction with bank cards should take less than 15 minutes to complete.
Our average customer’s verification time is 3 to 5 minutes, and it takes around 10 minutes for you to receive your Bitcoin:

• Please also keep in mind that to buy Bitcoins online, there could be delays in the Bitcoin network, which can cause longer confirmation times.
• On top of that, to make sure verification takes a mere 3 minutes, submit your documents in good quality with all the fields visible.

It’s advised that you spend on BTC as much as you can afford to lose. Bitcoin is still a very volatile cryptocurrency that can increase or decrease in value very quickly.
People who are still planning their first Bitcoin purchase often ask, “is it possible to buy half a Bitcoin?” And the good news is, you can buy as much as you want! 
It’s possible to buy anywhere from $70 up to $20,000 worth of Bitcoin per day, and $50,000 per month (or the equivalent amount in euros (EUR), pounds (GBP), and other available currencies).

To purchase Bitcoin, you will have to pay 3 types of fees:

• A credit/debit card fee - This is a fee that the payment service takes from Paybis for processing your payment.
• Paybis fee - This is our fee that is taken for providing the service – our revenue.
• Bitcoin network fee - This is a fee that Paybis pays to deliver your Bitcoin.
  • All transactions that happen on Bitcoin's blockchain are charged a fee that miners receive for confirming your transaction. 

If you are looking at which Bitcoin wallet to use when you are buying Bitcoins for the first time, we suggest that you use a desktop wallet because they are both fast and reliable.
We have tested most of the Bitcoin wallets and came to the conclusion that the best option is Electrum. It’s everything you need to get started.

When you want to buy Bitcoin with credit card or debit card instantly, it’s important to verify your identity.
This is because most governments see Bitcoin and other cryptocurrencies as money or a digital asset. This has resulted in a series of regulations that cryptocurrency exchanges need to abide by:

• Similar to banks, Paybis requires customers to go through a KYC (Know Your Customer) or ID verification process to confirm the ownership of the customer’s credit/debit card.
• The good news is that the verification process is straightforward and, on average, it only takes 3 minutes to complete. You simply need to upload your government ID (passport, ID card or driving license) in good quality to ensure that our automated system can process and approve it.

It is highly likely that you can purchase Bitcoin in your location, as Paybis supports more than 180 countries.
Furthermore, countries where people choose to buy Bitcoin with Credit Card or Debit Card include the USA, Germany, Canada, Russia, Ukraine, the United Kingdom, India, Belarus, Australia, and France.
In fact, there are only a handful of countries that we don’t support, and the full list is available here.

Yes, you are able to purchase Bitcoin with prepaid cards. You just need to make sure that it has the Visa or Mastercard logo on it and that it allows international payments.
In addition, if you are looking to buy Bitcoin with Visa card or Mastercard, that’s possible in more than 180 countries. These include the USA, the United Kingdom, India, Australia, France, Spain, Korea, and most of the Arabic countries.

People often struggle to understand that there is a limited supply of Bitcoins and that it will only be possible to mine a total of 21 million Bitcoins.
With traditional money, it is possible to print more when it’s necessary. That’s the main reason why it loses its value over time.
Bitcoin, in this way, is different. Its supply is fixed, which, in turn, increases its value over time.
Here are a few more facts about Bitcoin:

• How many Bitcoins have been mined? - Today, there are more than 18 million Bitcoins, and each day, about 1,800 more are mined.
• How is Bitcoin created? - Bitcoin is created by computers that solve complex mathematical equations, adding more and more bitcoins to the blockchain.
• How much Bitcoin does Satoshi have? - Researchers have estimated that Satoshi mined up to 700,000 Bitcoins back in 2009.

There are several major developments planned for the year 2020 that have previously helped the price to grow: 

• The 3rd Bitcoin halving event is planned to occur in May/June of 2020 (it will make harder to produce new Bitcoins). So, if demand for BTC stays the same, the price should increase.
• Facebook is planning to launch its own cryptocurrency “Libra” in the summer of 2020, which will create some buzz around other cryptocurrencies.

With these events in mind, it’s expected that Bitcoin’s price will grow, but nobody can be certain by how much.