How to Buy Bitcoin with a Debit Card on WunderTrading
If you are looking for a place to buy BTC, welcome to WunderTrading platform – the resource where you can do it quickly, easily, and securely.
13:15 02 August 2022
If you are looking for a place to buy BTC, welcome to WunderTrading platform (https://wundertrading.com/en) – the resource where you can do it quickly, easily, and securely.
Cryptocurrencies are extremely popular. What is more, they aren’t just in vogue – they are here to stay. Not only they allow people to transfer value around the world, at the rates that usually are very low, compared to the fiat money. Digital money is great for any kind of investment. Everyone can buy and sell them in most countries of the world, taking advantage of the price changes at the market, or just store to sell later.
First presented to the general public in 2009, Bitcoin (BTC) is the oldest digital asset that became widely known and accepted. So, it’s the very first coin that comes to mind when thinking about crypto.
No wonder that thousands of people are looking for the best places to buy bitcoin. Many of these prospective purchasers would rather prefer to buy bitcoin anonymously with a credit card, and they have every right for it. The main reason for anonymity is privacy concerns, yet there could be other motives as well.
Where there is a demand, there always will be a supply. Lots of web resources offer users an opportunity to buy bitcoin with credit card instantly, no verification required. However, the majority of centralized cryptocurrency exchanges would ask for the information about your identity whenever you enter into a transaction. There is a grave reason for it.
What Is ID verification and where to buy bitcoin instantly without it
Confirming every client’s identity is the cornerstone of security practices applied in various financial institutions. Wherever assets (crypto and fiat alike) are bought or sold, info of both parties of the deal should be provided.
This procedure is called Know Your Customer (KYC for short). It is applied to combat money laundering and fraud – crimes, which unfortunately are pretty widespread all over the globe.
Even so, you can find a way to sidestep it, e.g. choose a web resource where ID verification isn’t compulsory.
Many peer-to-peer marketplaces won’t demand ID verification. Here are just a few of the most widely known: Binance, Bitcoin.com, Crypto.com, Localbitcoins.com, Pionex, CoinSmart, ECOS, BitQuick, Coinmama, Coingate, Paybis, ShapeShift, Rango,Lobstr, DameCoins, Paxful, LocalCryptos, Bisq.
There also are offline options to remain unidentified.
Bitcoin ATMs are common in many countries. If you have them nearby, look for one that isn’t equipped with fingerprint or facial identification. You can well use it for depositing cash and buying BTC with it. However, please note that the commission may be higher if you opt for this variant.
Besides, you may resort to a good old face-to-face deal, i.e., find a BTC owner who doesn’t mind selling it directly. Although this variant seems a bit old-fashioned in times of numerous online web resources, many people might find it more advantageous in terms of taxes.
How to safely buy bitcoin at WunderTrading
The security standards of WunderTrading have always been high. It means that crypto exchange platform does apply KYC procedures: before placing a buy or sell order you will have to verify your identity.
But there is an exception, though: when you spend a sum under $300, ID verification is not required. So, if you are going to buy just a little bit of BTC, you will have no problem with staying anonymous.
Here is how to do this.
Open WunderTrading’s home page and find the form ‘Buy crypto instantly’. It is really hard to miss.
Then select the pair of currencies to exchange. In your case (you are buying bitcoin, aren’t you?) it will be the currency you are going to spend and BTC.
So, select USD (if you are paying with US dollars) and BTC from the dropdown menu and click ‘Continue’.
The next step is providing the address of your crypto wallet where your purchase will be transferred to. Type it into the corresponding field. Please note that you must not use someone else’s wallet for this purpose - only yours.
If you are paying more than $300, please provide information for ID verification.
It was the last step. In a few minutes, the cryptocurrency you have just bought will replenish your wallet.
For those who use a debit or a credit card, here are the minimum and the maximum limits. The former is 50 EUR, and the latter are 20,000 Euros per day and 50,000 per month. Also, please remember about the 5% card processing fee.
Other fees and commissions in your case include a 1% WunderTrading commission, payable irrespective of the payment method used, and the Bitcoin transaction fee.
By the way, in addition to card payments, WunderTrading accepts payments done via Skrill and SEPA bank transfers.
Along with BTC, you may purchase or sell other cryptocurrencies. Below are some of them:
- Bitcoin Cash
- Binance Coin
WunderTrading is a great place to trade a variety of coins and tokens, including Bitcoin. But that isn’t all. This platform offers wonderful opportunities for automated crypto trading and copy trading. Sophisticated TradingView-based bots are extremely easy to create and configure. In addition, performance records from the most successful traders are available, so that you can subscribe to their trading signals.
All in all, this platform is well worth trying. Forty thousand users speak for themselves.