How to Buy Vertcoin with Credit Card and Debit Card
At the moment, the only way of obtaining Vertcoin with a credit or debit card is by buying Bitcoin, and then trading Bitcoin for Vertcoin on an exchange, such as Binance.
How to Buy Vertcoin with Bank Transfer
There is currently only one way of buying Vertcoin with a bank transfer or wire. Please see below for a detailed explanation.
Method 1 - USD/EUR -> BTC -> VTC
Step 1: Buy Bitcoin
Coinbase is a very beginner friendly US based exchange, that sells cryptocurrency to most countries and all US states. To see if Coinbase supports your country, check this link! Coinmama handles credit or debit card purchases. Coinmama is great because they have higher credit or debit card purchasing limits than Coinbase, as well as fast delivery of your funds. Bitpanda. Bitpanda is an exchange that processes credit or debit card purchases. Their fees are slightly lower, but ONLY sells Bitcoin to residents of European Union (EU) countries.
Coinbase is the most beginner friendly while Coinmama is great for credit or debit transactions as it has higher purchase limits and quick delivery. BitPanda is great (but it only works in Europe) and has a 5% fee on credit or debit purchases. We will use Coinbase in this example. Also, if you purchase over $100 of Bitcoin through the following link, you will receive an extra $10 BTC for FREE! Create an account on Coinbase if you don’t have one already and then add your payment method.
After creating your Coinbase account, you need to add a payment method. If you are going for the route with the lowest fees, it is best to use a bank transfer. If timing is more important, use a credit or debit card, as this is much faster! The Coinbase signup process takes time, but this is to ensure security for customers. Click the Buy/Sell tab on the top/middle of your screen. From this page, you can easily purchase Bitcoin, Litecoin, or Ethereum. All of these cryptocurrencies can be converted into Vertcoin on exchanges such as Binance, but for this tutorial we will use Bitcoin.
Fiat to Bitcoin Exchanges
|Coinbase||USA||1.49% - Bank|
|Coinmama||Mostly Everywhere||5.5% Credit/Debit|
|Bitpanda||Europe ONLY||5% - Credit/Debit|
After hitting Confirm Buy, you are finished with this step! Next will be transferring the Bitcoin to a Vertcoin exchange. Also, at this point, we strongly suggest setting up two-factor authentication (2FA) on all exchanges. Two factor authentication combines two different verification methods to ensure the real user is trying to access the account.
Bitcoin to Vertcoin Exchanges
Step 2: Transfer your Bitcoin
Once you have Bitcoin, you will need to move it to an exchange that has BTC/VTC pairs. Bittrex is a great crypto to crypto exchange to use for Vertcoin. Click the send button in your BTC wallet as seen in the picture below. You will be asked for the recipients wallet address. You can find this by going to your wallets page on Bittrex and click the plus sign next to Bitcoin. Copy and paste the address into the recipients box.
Depending on the traffic on the Bitcoin network, your transfer may take 20 minutes to an hour, sometimes longer. This can be stressful but do not worry!
Step 3: Buy Vertcoin
After sending your Bitcoin to Binance, go to the BTC/VTC trading page and enter a ratio you are comfortable with which you are comfortable. You can look at the order book to get a sense of the current rates. After your order is processed, you will see it in your Vertcoin wallet balance in Bittrex.
How to Mine Vertcoin
Read our detailed Vertcoin mining guide!
How to Buy Vertcoin with PayPal
Due to Paypal’s chargeback feature, buying Vertcoin with Paypal requires one extra step. The exchange VirWoX allows you to convert paypal balance into Bitcoin. Read our tutorial on this conversion. Once you have Bitcoin, you can send it to Bittrex as seen in the example above.
Can I Buy Vertcoin on Coinbase?
Currently, Coinbase does not sell Vertcoin. Follow the steps above to learn how to obtain Vertcoin. If you don’t have any Bitcoin, use Coinbase to get started!
How to securely store Vertcoin
Read our guide on Vertcoin wallets!