What are Bitcoin debit cards?

Bitcoin debit cards are like prepaid credit cards. You can use them to make payments in person or online exactly like you would with any other credit card. You either enter your card details or swipe your card to make a payment, and merchants receive cash in their local currency. Many Bitcoin debit cards also allow you to take out cash from ATMs.

How to buy Bitcoin with a credit card?

These days, a majority of major crypto exchanges and wallets provide the option to purchase Bitcoin with a credit card, either directly or through a third party payments provider. In this post, I’ll review the most popular methods for buying Bitcoin with a credit card. The easiest way to buy Bitcoins with a credit card would probably be CEX.io.

What are the advantages of paying with Bitcoin?

For shoppers, the advantages of paying with Bitcoin include greater simplicity in placing the transaction; users are anonymous, there are no interruptions from intermediaries, and transaction fees are low. Credit cards offer other features, such as borrowing money and reward points. They are also accepted at many more merchants and vendors.

What is a bitcoin charge-back?

A charge-back is the demand by a credit-card provider for a retailer to cover the loss on a fraudulent or disputed transaction. Merchants that accept Bitcoin also save on credit card fees; fees can range anywhere from 0.5% to 5%, plus a $.20 to $.30 flat fee for each transaction.