January 12, 2021 |James Messi
How to buy Bitcoin, Ethereum, and Tether With Your Credit Card
Beaxy’s partnership with Simplex enables quick and convenient cryptocurrency purchases via credit and debit cards. Follow this guide to learn how to buy or sell Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) with a credit or debit card in your Beaxy Exchange account. Don’t have a Beaxy account yet? Create and verify your free account today.
Choose Your Funding Method
Once you have logged into your account, click on the blue Deposit button at the top of the screen. You will be prompted to choose between credit and debit cards, cryptocurrency, or fiat.
Click Buy Crypto to make a purchase with your credit or debit card
When you click on the “Buy Crypto” button, you will be taken to a new window containing an option to buy crypto through Simplex. Simply click on the button to the right to start the process.
Set Up Your Order
On the next window, you will be asked to enter the amount that you wish to spend. Please note that this is not the full value of the crypto that you will receive, but the exact amount that is charged to your card. You will receive funds equal to the amount you enter minus service and transaction charges.
First, select the fiat currency that you are using with your credit or debit card. Simplex accepts payments with any of the 19 currencies listed below:
USD, EUR, GBP, ILS, TRY, CAD, CHF, KRW, JPY, RUB, AUD, CZK, NOK, DKK, NZD, SEK, ZAR, HUF, and PLN
Next, enter the amount you want to spend and define the asset that you are buying (BTC, ETH, or USDT).
After you have reviewed your order, please read the full disclaimer and additional information in this window before clicking the check box and finally the “Go to payment” button at the bottom.
At this point your transaction is nearly complete! All you need to do is enter the information that Simplex requests and you’ll be able to fund your account as easily as making any other credit or debit card transaction.
Reduce Your Fees with a Free Bank Account from Simplex
If you are like us then you do not enjoy paying high fees every time you buy or sell cryptocurrency, and you certainly do not enjoy endless verification procedures on each transaction.
Our partner Simplex is now offering a free bank account service to simplify your crypto to fiat experience. A one-time KYC check when you set up your Simplex Bank Account will streamline all future buy and sell transactions for cryptocurrencies and reduce your fees.
After you set it up, you can buy and sell crypto directly from your Simplex account and move money into crypto using more cost-effective SEPA transfers in addition to credit or debit card.
While this integration is ongoing, you can take advantage once you set up a Simplex Bank Account. For reduced fees, select the SEPA transfer option on Simplex after you go to Buy Crypto on the Beaxy Exchange platform.
Still Need a Beaxy Exchange Account?
Buying crypto with a credit or debit card has never been easier. Click below to create your free account today. On average, Beaxy Exchange registrants pass KYC in five minutes or less.
Even better, your crypto assets are secured by Curv custody, and your fiat currency holdings are backed by FDIC insurance up to $250,000.
Creating an account on Beaxy Exchange gives you the power to:
- Buy, sell, and trade dozens of popular cryptocurrencies
- Activate Gunbot with a free API slot through our premier partnership
- Move funds in and out of six global currencies (USD, EUR, GBP, JPY, CAD, AUD)
- Use profit proven trading tools like Trender and Signals
- Receive a trading fee rebate upfront when you opt-in to the Deposit Bonus program