Post
Topic
Board Beginners & Help
Re: quick and easy way to spend crypto
by
Mayor of ogba
on 08/11/2024, 18:21:02 UTC
Hi,

Normally i use exchange to send my crypto to bank account but i have been trying to find a good option to spend crypto instantly online, with a virtual card. I have gone through alot of service but most services don't work as i am from asia ( most are EU only and some doesn't work in my country) and a few that are not well known services are either has high monthly/transaction fees or high minimum limit ( just wanna use the card casually, smaller transaction.. not keep my money in it). I'd appreciate if anyone can recommend me such services. Thank you!
Few years back we were able to buy crypto directly through our master debit cards but due to some regulations issues, that option was totally removed and it was replaced by p2p which one have to pass some verification to enable them trade on exchange. Using p2p there is no restrictions or limitations except for withdrawal and if you did not meet up with the kyc requirements.
You are correct that a few years ago we were able to buy crypto directly with our master cards, but I disagree with you that option was replaced with p2p trade because even at that time we were buying crypto with our master cards, p2p trade was in existence, and it is left for you to choose the method that is suitable for you to use and buy crypto with. At that time I remember mistakenly placing a buy order on p2p trade instead of buying with my master card, and it was when the seller called me on the phone if I was not making the payment that I knew I had placed a buy on Binance p2p trade.