Some of the advantages of the new credit/debit card set up are the buy limits, the time it takes, and the accessibility.
A few key features of buying bitcoin with a credit card or debit card through Abra:
- Bitcoin buys can range from $50 to $20,000 at a time.
- Buyers can direct their bitcoin buys to any bitcoin supported wallet, or set up a new wallet with Abra, which enables investing access to 24 altcoins and 50 fiat currencies.
- The purchased bitcoin is usually available in about 30 minutes, depending on blockchain processing times.
With certain exceptions (and depending on the terms with your card issuer), this service is available across the globe.
To get started purchasing BTC through Simplex, click here.