Indacoin Review: Buying Bitcoin with a Credit Card Has Never Been Easier
Indacoin is a cryptocurrency exchange that allows you to buy bitcoin quickly and easily with a credit card. They also have an exchange with bitcoin litecoin and ethereum / USD pairs with up to 5x leverage. Let´s have a closer look at what they offer.
Indacoin is a global platform enabling the quickest bitcoin purchases in more than 200 countries with a credit or debit card and no registration.
Buying Bitcoin at Indacoin
To buy bitcoin with a credit card all you need to do is go to the buy bitcoin page and enter your card info.
If it’s the first time you use the card, you will receive a call from Indacoin with a 4-digit code, which should be entered on your order page. After that, you will have to enter a 3-digit code, which can be found on your online card statement next to the charge amount.
You will have the limit of $50 for the first transaction, $100 for the second transaction available after four days of the initial purchase and $500 after eight days of the first buy. The total limit for the first month will be $5,000 and then no limits at all. Since your card is verified, cryptocurrency is sent automatically within ten minutes after the payment.
Press buy bitcoin and bam! You are in business.
If you want to know how much bitcoin you will get after fees then just put them in the fields and it is automatically calculated. It is a very easy all on one page set up.
There is a support chat located in the lower right-hand side of the site. You can also enter your email address if you would like them to contact you via email. The support was quick to respond to my inquiries and answered all the questions I had thoroughly.
My advice is to just start the chat if you have any trouble the first time trying to get everything to work.
The interface is easy to use and support is very responsive. The exchange is currently lacking volume but they do have 5x leverage, which is more than what most other exchanges offer. Let´s see what the future of the Indacoin exchange will like. All in all, if you are looking for a quick way to buy bitcoin with a credit card then Indacoin is a solid choice.
Images courtesy of shutterstock, Indacoin