Bitcoin Payment Methods

Buying Bitcoins with card
Buying bitcoin and using them as payment can be done easily by follow these simple steps below. The hardest part would be to verify your account before you can use your card for payment. This is required due to international regulations and anti-fraud control.

Where we are here to help you breeze through the process. Follow these simple tips to get the necessary documents ready with easy.

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Tip#1

Have a digital copy of items below.
You can get these documents into digital formats (such as jpeg or bmp) by taking a photo of them with your webcam or from your smart phone, then saving it into your computer.

Some sites even allow you to send them directly via your webcam.

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Tip#2

Make sure you can see all edges and the outlines of the document are of rectangle shape.
Also make sure the info on the document can be clearly read.

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Tip#3

Some sites require verification of one or both items before you can buy bitcoins, so you should have both documents ready:

Photo ID proof should have at least 6 month’s validity, it can be:

  • Driving licence, need both front and back of the card.
  • Passport, need to have a double page image, with the info page showing on one side.

Address proof should not be older than 3 months, it can be:

  • Bank statement
  • Utility bills

Orders under £50

These are the major bitcoin selling for the UK market. You can open an account and buy and store bitcoin with them by following these easy steps.

  • For all below sites, you will need to simply create an account with them using your email and a password of your choose.
  • Then check your email account to verify your email address. Pleas also check junk folder for their email.
  • Complete the verification process and you can buy bitcoins with your card. See below for more detailed info on the requirements of each site.
  • Once you have obtained the bitcoins, you need to go to your wallet and use the send or withdraw function to send us the bitcoins for payment.<

Most send or withdraw forms will ask below info:

To address, this is the long bitcoin address given to you in our email for your order.

Amount to send in BTC, this is the amount requested for the order. You can find this in the email as well.

Optional:

Description box, this is used to note down what this payment is for, this is not shown to us, so you can just put in anything meaningful for you.

Make sure you have extra bitcoin to cover the fees for the transfer, so normally you can just add £1 more to your total cost of the order, and that should cover it.

Below are the different sites where you can buy and store bitcoins from.

Coinbase

This is one of biggest exchanges in the world, serving a total of 32 different countries, they includes a wallet to store your bitcoins after buying them.
They also allow you to send and receive the bitcoins in your wallet.

Verification item needed:

  • Photo ID
  • Address proof
  • SMS code via your phone

Video reference for the account set up and verification process


Fees for buying with card:

3.99%

Basic level verified account purchase limited
Daily limit £100

CEX.io

This is one of the most secure bitcoin sites available, they claim to have 100% secure rate.
They use secure 2-factor authentication system to access you account, so for full security, it will be a bit more difficult to setup.
You will need to deposit some funds with your card before you can use it to buy bitcoin. This is again in line with their top security measure.

Verification item needed:
3 photos:

  • A selfie photo with a payment card
  • 2 photos, one with your payment card next to your ID's front side and another photo of your payment card with your ID's back side

Video reference for the account set up and verification process

Fees for buying with card:
3.5% + £0.20

Basic level verified account purchase limited
Daily limit £250
Monthly limit £800

Coin Conner

This is an easy to use, Isle of Man base bitcoin exchange. Where with very little verifications you can deposit funds into your account to buy the bitcoins

Verification item needed:
They may not as for verification, but if they do, then it’s normally:

  • Photo ID
  • Address proof
  • SMS code via your phone

Video reference for the account set up and verification process

Fees for buying with card:
5%

Basic level verified account purchase limited
Daily limit £100

 

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