Bitcoin is the first cryptocurrency created as an alternative to the traditional payment system. There are no checks in the Bitcoin network, and the user cannot lose their purchased coins. Low transfer fees, 24/7 availability, and absolute polarity to traditional Visa and Mastercard Credit card.
Bitcoin is the future that has already arrived and continues to fill the gaps in human imperfection, competing with fiat currencies for world domination.
How can you use Bitcoin?
Today, in many countries, cryptocurrency and the dollar, euro, and other national currencies are used to make purchases and trade on the stock exchange. In the USA, Japan, some EU countries, and others, you can pay with Bitcoin, for example, for an air ticket, a hotel room, or a car rental.
You can buy real estate (house, apartment), cars, and jewelry for Bitcoin. In addition, more and more online stores accept Bitcoin payments.
You can also spend bitcoins to pay for the services of a tour operator, advertising agency, IP communications, and cloud services. You can purchase server equipment and software. In addition, you can pay for tuition at some educational institutions in Cyprus and the UK.
Where you can profitably and safely transfer from Visa and MasterCard to Bitcoin
On a crypto exchange
An open brokerage account on a crypto exchange allows you to buy cryptocurrency through a P2P exchange platform and replenish the balance with fiat funds from a bank card. Access to buying crypto using bank cards is available for on the largest crypto exchange in the world – Binance.
On an online exchanger
Similar to a physical exchanger, online platforms work for transactions with cryptocurrency and exchanging it for real money. Find an exchanger website on the Internet, for example, “BestChange.” Select a currency pair and the exchanger that you like best and transfer from Visa and MasterCard to Bitcoin (BTC). Go to the exchanger’s website and specify the amount and wallet address for crediting. You can immediately proceed to trading after copying the exchange wallet address and receiving the funds.
On the P2P platform
P2P platforms are built for online communication between buyers and sellers. Choose a favorable rate and payment method and exchange money for us under conditions that can be discussed in the chat. For investment security, pay attention to the seller’s rating and the number of exchanges made. Before buying, agree on any convenient payment method, from simple payment to a card, cross-border transfers, or even barter.
Security measures when receiving or sending bitcoin
When transferring from credit card USD to BitCoin cryptocurrency, the priority security measure is your attentiveness when entering the Bitcoin address and when choosing the network through which you make the transfer – it must match the recipient.
Remember: cryptocurrency transactions do not have a reverse effect, and an error will cost you exactly as much cryptocurrency as sending it to the wrong address. In other respects, transfers in the BTC network are reliable.
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