Seamless bitcoin buys

Buy bitcoin with a credit or debit card

We are really excited to announce that now you can buy bitcoin with a VISA or MasterCard credit card or debit card from anywhere in the world at abra.com or via the Abra app.

That means buying bitcoin is super easy.

Up until now, Abra users have been able to fund their wallets using a lot of different methods, including bank and wire transfers, or by transferring bitcoin or litecoin purchased elsewhere. Additionally, users based in the US have been able to make bitcoin credit card purchases using American Express.

All of those options are still available, but now users will also be able to use a VISA or MasterCard credit or debit card to make bitcoin purchases too thanks to a new partnership with Simplex.

The upside of buying bitcoin with a credit card or debit card

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:

  1. Bitcoin buys can range from $50 to $20,000 at a time.
  2. Buyers can direct their bitcoin buys to any supported wallet, or set up a new wallet with Abra, which enables investing access to 24 altcoins and 50 fiat currencies.
  3. The purchased bitcoin is usually available in 20 to 30 minutes, depending on blockchain processing times.

The actual purchase of bitcoin with a credit card is as easy as conducting any other kind of transaction on the internet. All you need to do is enter the amount of bitcoin you want to purchase, enter a bitcoin wallet address, enter your credit card or debit card information, and then confirm all the details.

And, with certain exceptions, this service is available across the globe.

19 thoughts on “Seamless bitcoin buys

  1. I do not see you mention anywhere the most important part, and that is the fee in percentages to use a debit card? Not sure why this isn’t listed prominently.

    1. Thanks for reaching out and I apologize for the confusion here.

      The ‘paying cash advance fee’ depends on the issuer of your credit card and cannot be determined if you will be charged this fee prior to purchase by Abra or Simplex. Reaching out to your credit card company first may provide some additional information.

      For more information regarding fees you may incur while using Simplex to transact, here’s a resource that can help: https://support.abra.com/hc/en-us/articles/360007376651-What-fees-may-I-incur-when-using-Simplex-

      We thank you for your understanding and please let us know if you have any additional questions by emailing us at support@abra.com

    1. Thanks for reaching out and I apologize for the confusion here.

      The ‘paying cash advance fee’ depends on the issuer of your credit card and cannot be determined if you will be charged this fee prior to purchase by Abra or Simplex. Reaching out to your credit card company first may provide some additional information.

      For more information regarding fees you may incur while using Simplex to transact, here’s a resource that can help: https://support.abra.com/hc/en-us/articles/360007376651-What-fees-may-I-incur-when-using-Simplex-

      We thank you for your understanding and please let us know if you have any additional questions by emailing us at support@abra.com

  2. This is a HUGE and when I say huge I cant emphasize it enough, step in the crypto currency world becoming mainstream globally. More exciting to me personally is this eliminates the most difficult and time consuming aspect of the crypto currency world. I feel like the world has opened up. No more waitng a week to get what you aleady purchased or have weeky limits that you have to use for a a certain time before you can actually get a realistic amount of currency in which to use. Well I gotta run haave tto get to the atm to put money on card to try it out> KEEP UP THE AMAZING WORK AND THANK YOU SO MUCH!!!!!!!!!!!!!!!!!!!!!!!!

  3. Is this available outside the US? I can’t see an option, and also your website says it’s not possible in Europe.

    1. It’s already live! Make sure your app is updated to the latest version, then open to the main add money screen. You should see the funding option.

  4. Do you know if the charges come up as a straight credit purchase or are they processed as a cash advance Kirk with Coinbase?

    1. Thanks for reaching out and I apologize for the confusion here.

      The ‘paying cash advance fee’ depends on the issuer of your credit card and cannot be determined if you will be charged this fee prior to purchase by Abra or Simplex. Reaching out to your credit card company first may provide some additional information.

      For more information regarding fees you may incur while using Simplex to transact, here’s a resource that can help: https://support.abra.com/hc/en-us/articles/360007376651-What-fees-may-I-incur-when-using-Simplex-

      We thank you for your understanding and please let us know if you have any additional questions by emailing us at support@abra.com

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