Purchasing cryptocurrency with a debit card is a fast and convenient method, especially when using Visa or Mastercard. Below is a step-by-step guide to help you navigate the process seamlessly.
Step-by-Step Guide to Buying Crypto with a Debit Card
1. Log In to Your Account
- Access the Buy and Sell section on the platform.
- Click Buy and log in if prompted.
2. Select Your Cryptocurrency
Choose the crypto you wish to purchase (e.g., Bitcoin, Ethereum).
3. Enter Purchase Amount
- Specify the amount in fiat (e.g., USD) or crypto.
- Under Payment Method, select Debit Card.
4. Add or Select a Debit Card
If adding a new card:
- Enter card details (number, expiry date, CVV).
- Provide your billing address.
- Complete verification (a small pending deposit will appear on your bank statement).
- If using a saved card, skip this step.
Note: Verification must be completed within 60 minutes.
5. Review and Place Order
- Select your card and click Preview Order.
- Confirm details and click Place Order.
Tip: Your bank may require SMS or app authentication for approval.
6. Receive Your Crypto
- Once processed, the crypto will reflect in your assets.
- Check Order History for transaction details.
Frequently Asked Questions (FAQs)
1. Which Debit Cards Are Supported?
- Visa and Mastercard debit cards (US only).
2. What Fees Apply?
Fees vary by country. Check the platform for specifics.
3. How Do I Verify My US Debit Card?
- A pending deposit ($0.01–$1.99) will appear in your bank transactions.
- Enter the exact amount on the verification screen.
4. Why Can’t I Add My Card?
- Ensure card details are correct.
- Contact support if issues persist.
5. Why Is My Transaction Failing?
- Check for expired cards or incorrect details.
- Contact your bank or support.
6. Where Is the Verification Code?
- Generated by your bank via SMS/app (part of 3-D Secure authentication).
7. Will I Be Charged for Failed Transactions?
No. Only successful transactions incur fees.
8. Where Can I View Purchased Crypto?
Navigate to My Assets post-purchase.
9. How Do I Check Order History?
- Web: Buy Crypto > Order History.
- App: Portfolio > Transactions.
Note: Always double-check card details and ensure sufficient funds. For unresolved issues, contact customer support.
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