What Is the Easiest Way To Buy Steem With A Credit Card At The Best Rate?
Does anyone know the answer? And so you know there are no worries that I am not going to gather a bunch of debt for a risky investment. I'm good with money, I even used to work for a bank. But I would rather have the option to buy some now at a lower price and pay off my visa than wait for the money later. Plus I get points. I know I can do a cash advantage and get bitcoin but cash advances get charged interest from day one. I have not looked at sites that sell bitcoin and accept visa yet, but I'm sure there are some. The problem is, from one site that I checked out that sold steem, was that the rates are AWFUL. Like 4 to 1. Unless steem goes passed the moon and to the stars, don't expect to see any return.
Please let me know in the comments and of course
DO NOT INVEST MONEY INTO ANY CRYPTOCURRENCY THAT YOU CANNOT AFFORD TO LOSE. TREAT IT AS YOU WOULD GAMBLING, IF YOU HAVE A PROBLEM, DON'T DO IT.
@whatageek
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I´d love to find a place where to easily exchange fiat for crypto. Since 7 days (!) kraken.com has frozen my fundings and they don´t even react on my support requests. In Europe it´s quite hard to find a good place where to enter the game. I can´t use common sites like Coinbase for instance, since the nationality according to my ID (passport) doesn´t correspond with my country of Residence. Kraken is my third attempt, I am 2 months trying to spend money but it seems that nobody wants it :-D
That sucks. Release the kraken... more like release your funds.
I´d love to - but they don´t reply :-(
My fundings are "on hold" and neither move further nor back.
I hold that gets fixed, that is ridiculous.
coinbase allows you to buy btc with visa/mastercard, not sure of anyone that'll do credit -> steem directly
I'll check them out, how are their rates?
not bad, very reasonable
Nice, thanks for the info.
Yeah, pretty much you have to do something like Coinbase for BTC then here on Steemit you can get a deposit address for the BTC.
As far as best rate, wait till the value is low and buy. There is no real secret to getting more for less.
I hear you on that, I just mean for transaction costs. Like I mentioned one site was REALLY bad. It was like 4x the rate.
You could try Poloniex. Or Blocktrades.us (the one I prefer).
I'll check them both out, thank you :)
You are welcome. I have never had a problem with Blocktrades. I have tried Poloniex and well, I learned I am no day trader.
Make sure the credit card transaction will not be treated as a cash advance. I learn the hard way by getting a Genesis mining contract. If treated as cash advance you will incur extra fees and interest accrues from date of use.
You are using credit to get cash, as you can change your BTC to cash.
Thanks, I will have to check that. Ya if I get cash I can get bitcoin but I want to save those fees.
Changelly does that, though I am actually in the middle of a failure with them. I know lots of people have done fine. I'll guessing support will pull through. I'll report on my blog if it doesn't