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Buying BTC: Debit/Credit card VS Wire transfer

Paymium
Paymium

The cryptocurrency exchange of trust for individual and institutional traders and investors.

If you are not well versed with buying cryptos, the payment method to choose might be a concern. How to purchase Bitcoin? What are the possibilities? Are there issues, I should be aware of?

Buying BTC with wire transfer: the economy flight on a budget airline
You may experience delays but the fee is amazingly cheap.
For example, making a SEPA wire transfer in Euros to Paymium is free but can take up to 2-4 days. Then changing your Euros to bitcoins will cost you a (very) small 0.5% fee for taker orders. That's the option the most frequently preferred. Note that market orders are rewarded with a -0.1% negative fee (negativefees.paymium.com).


Buying BTC using debit/credit cards (or even Apple Pay): the first class seat for your BTC.
Crypto markets change fast and you can't afford to wait? You should consider buying BTC with credit/debit card. Contrary to wire transfers, your transaction will be filled instantly, but you will encounter higher fees. For example, on Paymium fees are 8% but BTC will be transferred almost instantly.
Why are the fees more expensive when you pay by credit card? For insurance reasons! There is a risk of fraud and less identity control when payments are made by credit cards, so it’s riskier for the platform and the credit card payment provider to accept credit card payments.

However for the the customer - you - whether you pick eco or first class, security is the same for all!

To resume:

Paymium
Paymium

The cryptocurrency exchange of trust for individual and institutional traders and investors.

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