Indacoin is an exchange service that allows users to buy bitcoin and litecoin with debit or credit cards. With customers across the world, in areas such as the US, Canada, Europe and the CIS region, this platform aims to make bitcoin more accessible to the average person.
Disclaimer: This article was sponsored by Indacoin. Bitcoinist is not responsible for this firm’s products and/or services.
How Indacoin Works
To use the service, customers enter a credit card number, along with a valid phone number and email address. After specifying how much bitcoin or litecoin the customer would like to purchase, users enter the bitcoin address where they would like to have their coins deposited. Indacoin notes that all details provided must match customer bank record.
After completing this process, Indacoin will purchase the cryptocurrency and then send it to the provided wallet address. According to the website, coins should appear in the customer’s wallet within 10-15 minutes after the order is completed. Indacoin transactions should appear on the customer’s credit card statement as “indacoin.com +44 207 048 25 82.”
The Indacoin service can be used with both USD and EUR-denominated credit cards, making debit and credit card bitcoin purchasing available to a large portion of the global cryptocurrency community
New clients will have purchasing limits during their first month of using the service. First-time users will be able to buy up to $100 in bitcoin with their bank cards. After four days, users will be able to make a second purchase up to $200 dollars. These limits are in place for one month, after which users can purchase bitcoin and litecoin with no limitations.
For those who would like to earn discounts on their purchases, Indacoin’s affiliate program allows individuals to share referral links on social media, giving them discounts based on the dollar amount of the cryptocurrency purchased through the referral link.
Customers seem pleased with Indacoin’s bitcoin purchasing service, with several testimonials posted on the company’s website.
“I have bought 5 bitcoins with my Brazilian credit card,” Rafael de Toledo says. “It was simple and safe, I’m really glad about the service!!!”
Anna Shadcheva from Russia recommends the service for “anyone [who] wants to buy bitcoins with a credit card.” “It took less then hour [sic] to receive bitcoins,” she says.”
The list of positive customer reviews continues, with other people from France, Netherlands and Indonesia praising the website for its effective bitcoin purchasing service.
Indacoin also hosts a trading platform, where people can buy and sell bitcoin and litecoin in a more traditional exchange environment. Traders can deposit money into their Indacoin trading wallets with debit and credit cards, as well as online fiat wallets such as Payeer, PerfectMoney and OKPay. Users can withdraw money from the exchange into their cryptocurrency wallets, and can use Payza for fiat withdrawals.
For more information about Indacoin’s bitcoin purchasing service, view their Frequently Asked Questions page.
To check out the bitcoin and litecoin exchange, visit Indacoin’s website.
Images courtesy of Indacoin