Bitcoin Price Rises over the Past week: Should You Buy BTC Now And How to Buy It Efficiently?
2022-03-24 14:55:33
Can You Buy Bitcoin With Your Credit Card?
There is an upward trend for the market recently as the price of Bitcoin and other cryptocurrencies began to rise on Tuesday. Bitcoin, the leading cryptocurrency, was up 6.83% over the past week to above $42,017, according to data from CoinMarketCap. It had hit that mark in the weekend after surging above $40,000 last Friday, but gave up some of the gains on Monday. Some alternative cryptocurrencies (altcoins) also moved higher this week. For example, Ethereum(ETH), the second-largest cryptocurrency by market capitalization after bitcoin, rose above $3,000 for the first time in two weeks and was up 12.16% over the last week, the rise which is nearly twice that of BTC over the same period. This may increase investors’ confidence in investing in Bitcoin and other cryptos.
Is It Wise to Own Bitcoin Now?
In fact, the argument about why investors should hold Bitcoin has changed over time. In the past few weeks, with the outbreak of the war in Ukraine, it has attracted renewed attention. Bitcoin appeared in the worst period of the global financial crisis more than a decade ago, which has been regarded as an alternative asset that can play a role in times of inflation and geopolitical crisis for a long time. The view holds that Bitcoin is not bound by any government, so it can be regarded as a safe haven in turbulent times.
What Is The Best Way To Buy Bitcoin?
In the past, investors may prefer purchasing Bitcoin by Bank Transfer and P2P Trade. But now, in order to help investors save time in buying Bitcoin, some top exchanges have opened credit card purchase channels, such as Binance, Gate.io, and eToro.
How To Buy Bitcoin With a Credit Card?
Generally speaking, there are four steps to purchase Bitcoin. Here, we take Gate.io as an example.
First, log in to your Gate.io account and click [Buy Crypto], then the system will lead you to the page of [Credit Card], which is the payment method by default. If you don’t have an account yet, you should open one with Gate.io official website first and then verify it.
Second, you can choose to buy Bitcoin with different fiat currencies. Enter the fiat amount you want to spend and select a service provider from the listed credit card institutions. By the way, the hottest one is BANXA, with nine payment methods, such as Applepay, Bpay, and PayID.
Next, the system will automatically display the amount of crypto you can get and the fees you need to pay. Just follow the system prompt to finish all the verification until you create an order successfully. By the way, you can choose to deposit in advance so that you can save more time to buy Bitcoin next time. After all, the Bitcoin price live changes in seconds. It’s gonna cost more than it’s worth if you put a lot of time into the process of buying it.
There is an upward trend for the market recently as the price of Bitcoin and other cryptocurrencies began to rise on Tuesday. Bitcoin, the leading cryptocurrency, was up 6.83% over the past week to above $42,017, according to data from CoinMarketCap. It had hit that mark in the weekend after surging above $40,000 last Friday, but gave up some of the gains on Monday. Some alternative cryptocurrencies (altcoins) also moved higher this week. For example, Ethereum(ETH), the second-largest cryptocurrency by market capitalization after bitcoin, rose above $3,000 for the first time in two weeks and was up 12.16% over the last week, the rise which is nearly twice that of BTC over the same period. This may increase investors’ confidence in investing in Bitcoin and other cryptos.
Is It Wise to Own Bitcoin Now?
In fact, the argument about why investors should hold Bitcoin has changed over time. In the past few weeks, with the outbreak of the war in Ukraine, it has attracted renewed attention. Bitcoin appeared in the worst period of the global financial crisis more than a decade ago, which has been regarded as an alternative asset that can play a role in times of inflation and geopolitical crisis for a long time. The view holds that Bitcoin is not bound by any government, so it can be regarded as a safe haven in turbulent times.
What Is The Best Way To Buy Bitcoin?
In the past, investors may prefer purchasing Bitcoin by Bank Transfer and P2P Trade. But now, in order to help investors save time in buying Bitcoin, some top exchanges have opened credit card purchase channels, such as Binance, Gate.io, and eToro.
How To Buy Bitcoin With a Credit Card?
Generally speaking, there are four steps to purchase Bitcoin. Here, we take Gate.io as an example.
First, log in to your Gate.io account and click [Buy Crypto], then the system will lead you to the page of [Credit Card], which is the payment method by default. If you don’t have an account yet, you should open one with Gate.io official website first and then verify it.
Second, you can choose to buy Bitcoin with different fiat currencies. Enter the fiat amount you want to spend and select a service provider from the listed credit card institutions. By the way, the hottest one is BANXA, with nine payment methods, such as Applepay, Bpay, and PayID.
Next, the system will automatically display the amount of crypto you can get and the fees you need to pay. Just follow the system prompt to finish all the verification until you create an order successfully. By the way, you can choose to deposit in advance so that you can save more time to buy Bitcoin next time. After all, the Bitcoin price live changes in seconds. It’s gonna cost more than it’s worth if you put a lot of time into the process of buying it.
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