How to buy cryptocurrencies with a credit card through Exchange.beurop?
Buying cryptocurrencies is not as difficult as some might think; since 2008, blockchain technology has evolved. In addition, thanks to decentralized finance (DeFi), exchanges support payment with bank accounts, debit, and credit cards. You can even buy or exchange your digital assets from an ATM.
Satoshi Nakamoto was proud of his idea; who would have imagined that those eight pages shared 13 years ago would transform the world.
But, we've talked about it before. So, today, let's be more direct. We'll talk about how to buy cryptos on BEUROP DEX. Exactly! On our Exchange and we will take the Binance coin (BNB) as an example.
What is BEUROP DEX?
BEUROP Exchange is just a part of the whole decentralized platform of the company. Exchange.beurop is a company web3 wallet launched to provide more functionality and efficiency for users no matter if they have their wallets or not.
The wallet has several advanced features that include a fiat payment gateway for crypto purchases and was built on a protocol that searches for the best prices on the market for buying/selling crypto assets.
To enable fiat payment, BEUROP partnered with MoonPay; so users can buy with VISA and Mastercard. In addition, you will be able to add a bank account that can make SEPA payments.
SEPA (Single Euro Payments Area) payments are payments made in an area where consumers and businesses can create collections and payments, within and across national borders, under the same primary conditions and with the same rights and obligations, regardless of where they are located.
How to buy cryptocurrencies with a credit card on Exchange.beurop?
Although the platform is still under development, it offers a simple and easy-to-operate interface. So buying any cryptocurrency on it is pretty simple; let's take the example of the Binance coin (BNB).
1. Choose a payment method: once the website is open, we choose the "Wallet" option, and in it, "Deposit using VISA/MC." You will automatically be redirected to a Monday page. Remember that Exchange.beurop is connected to this platform.
2. Select cryptocurrency: when the MoonPay page opens, you can choose among several options of the main stablecoins. In this case, we will select BNB. Then, enter the amount you want to buy, the pair will appear in euros.
Click on "Continue," and a window will appear asking for the address to which our BNB will be sent. Remember that this is the BEP-20 protocol; you can lose your cryptocurrencies if you put another address. So be sure to put only your BNB address. Then, accept.
If you use Metamask, the desktop extension will automatically connect to the platform, and the BNB address will appear by itself. However, if you use another wallet, for example, Trust Wallet, copy and paste the address.
3. Add payment method: MoonPay enables credit card and SEPA payments. In this case, we will use VISA. Choose the option to pay by card. And we go to the following menu. Here we need to add our address. Be sure to check the "Use my registered address" tab so that this data will appear automatically next time.
4. Card data: add the data corresponding to the card you will use. When you are done, click "Continue." The next step is to accept the Terms of Use, and if you want recurring payments with that card, the card will be saved in the system if you check this box.
You will see the total payment in this window, including fees and how much you will receive. Check carefully, and if you agree with everything, press the "Buy" button.
That's it; the purchased cryptocurrencies (BNB) are automatically sent to the wallet you provided. Remember that transfers can take a while. In the case of the BEP-20 protocol, the waiting time is usually less.
As you can see, it's simple, basically like any other credit or debit card payment. See you next time, don't forget to follow us and share our channel.