Assets, Bitcoin

How Do I Buy Bitcoin on Coinmama With My Debit Card?

Debit cards are a very popular payment method, and Coinmama is a popular place to buy Bitcoin. So how do you buy Bitcoin on Coinmama with your debit card?

Here’s a step-by-step guide:

1. Create an account on Coinmama

Creating an account on Coinmama is easy and only takes a few minutes. Just head to the website and fill out the registration form with your name, email, and password.

2. Verify your account

Once you have created your account, you will need to verify it. Coinmama will ask for some basic personal information, as well as a photo ID.

This is to comply with anti-money laundering regulations.

3. Choose your debit card

Once you are logged in and your account is verified, you can now choose your payment method. Select “Debit Card” from the list of options.

NOTE: WARNING: Coinmama is not responsible for any fraudulent activities that may occur when buying Bitcoin with your debit card. It is advised that you monitor the activity associated with your debit card to ensure that no unauthorized transactions have occurred. Additionally, Coinmama does not guarantee the accuracy of the exchange rate of cryptocurrencies to fiat currencies; as such, you may incur a loss should there be a discrepancy in the exchange rate.

4. Enter your debit card details

You will now be asked to enter your debit card details. This includes the number, expiration date, and CVC code.

You will also need to enter the amount of Bitcoin you want to buy.

5. Complete the transaction

The last step is to complete the transaction by entering your 3D Secure password or One Time Password (OTP). Once this is done, the Bitcoin will be sent to your wallet within minutes!.

1 Related Question Answer Found

How Do I Use a Bitcoin Debit Card?

A Bitcoin debit card is a plastic or virtual card that is linked to your Bitcoin account and allows you to spend your bitcoins anywhere that accepts debit cards. Some cards are branded with Visa or Mastercard, which means they can be used anywhere those brands are accepted. Other cards may only be accepted at cryptocurrency exchanges or ATMs.
Previous ArticleNext Article