Before Beginning Cryptocurrency Master Everything You Need To Know About Cryptocurrency and Bitcoin Trading Mining Investing .PDF
There are several things that every aspiring Bitcoin investor needs. A digital wallet, personal identification documents, a secure connection to the Internet, a method of payment, and an account at a cryptocurrency exchange are the usual requirements. Valid methods of payment using this path include bank accounts, debit cards, and credit cards. It is also possible to get bitcoin at specialized ATMs and via P2P exchanges. However, be aware that bitcoin ATMs were increasingly requiring government-issued IDs in early 2020. There are additional details on buying bitcoin that we will not cover here. Best place to BUY AND SELL BITCOIN IS LUNO.COM
In order to purchase bitcoin, you need to connect your wallet to a bank account, debit card, or credit card. Although these payment methods all perform the same function—exchanging traditional currency for bitcoin—they each carry their own set of fees.
Coinmama is a fast, secure and safe service that provides the option of buying cryptocurrencies like BTC by using credit cards in the UK. (Note: It is a buy-only service)
However, unlike other services, they do not have their own inbuilt wallet for Bitcoin. Hence, before using Coinmama you need to make a Bitcoin wallet. (If you don’t have a safe Bitcoin wallet, pick one from our list of Bitcoin wallets.)
Coinmama charges 5% fee on each transaction if you use a credit/debit card and after purchase deposits the BTC in you given wallet after the purchase.