A few years ago, buying digital currencies like Bitcoin was more difficult than it is today. In the past few years, several new methods have been introduced that you can use to buy digital currency. You can now even buy crypto with cash through crypto ATMs and use credit cards at Simplex too.
Buying Bitcoin with credit cards is one of the most common methods used by crypto enthusiasts to load cryptocurrencies into their wallets. You can now buy Bitcoin and many other digital currencies with Simplex and then pay with a credit card without creating an account with a crypto exchange.
This means that buying Bitcoin is not that much of a challenge now, and the use of services like Simplex has helped make the process even easier while keeping the transactions secure at the same time. Simplex has partnered with leading crypto exchanges like Nakitcoins to make it easy for crypto investors to buy Bitcoin. In this article we are sharing details on how you can use Simplex to buy Bitcoin.
Why Choose Simplex To Buy Bitcoin?
As mentioned above, there are now several ways to buy Bitcoin. However, none of the options are as convenient as the Simplex Visa card. The fact that Simplex services are available all over the world means you can buy bitcoins anytime, anywhere, as long as you meet some expectations and your credit card issuer’s terms allow it.
If you want to load bitcoins into your wallet, Simplex is a great choice to buy bitcoin because the transactions are instant and the company offers competitive prices. All you need is some credit on your card and a crypto wallet account that supports Bitcoin.
What Are The Requirements When Buying Crypto With Simplex?
Buying Bitcoin with a simplex debit card is straightforward and much easier when you use nakitcoins as a crypto exchange. This is because you don’t need to sign up or go through Know Your Customer (KYC) checks to make a simplex cryptocurrency purchase using Nakitcoins. In addition, you can conduct high value transactions with a single credit card.
While using the simplex side, it is recommended that you keep a scanned copy of your ID on your phone as you may need to meet the KYC requirements on the simplex checkout page. You need to upload this ID copy before finalizing the transaction and immediately transferring the bitcoins to your wallet.
What are the steps to make a Simplex purchase??
First, visit your favorite exchange (like Nakitcoins) and select the Buy Bitcoin option. You will then be asked to enter the amount you want to buy and the bitcoin wallet address to which the bitcoins will be transferred. After entering this information, select the Continue to Simplex option. Note that if you buy Bitcoins on Nakitcoins when using Simplex, you pay 8% flat fee.
You will be redirected to the Simplex website where you will need to fill out the Simplex payment form. Your payment must first be verified in order for the transaction to go through, especially if this is your first time using the card. After filling out the form, you agree to the terms and conditions and proceed to the “Pay Now” option. You will then receive a confirmation message informing you that your request is being processed. After that, you will receive the bitcoins as soon as your payment has been verified.