Buy Bitcoin with a Credit Card
You can buy BTC for USD and other fiat currencies here at SwapSpace! We provide an easy way to do that via one of our partners, such as Mercuryo, Guardarian, or Simplex, with a few simple steps right on this page. You can also look at Bitcoin price dynamics and history, get some answers to your questions, and find some useful links to read more about what is BTC.
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Bitcoin Live Price Chart
BTC price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.
Bitcoin is a digital cryptocurrency that was created in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It is the first and most well-known decentralized digital currency.
On January 3, 2009, Nakamoto mined the first block of the Bitcoin blockchain, known as the "Genesis Block." This block included a message referencing a headline from that day's newspaper: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." It marked the official launch of the Bitcoin network.
In the early days, Bitcoin gained attention within cryptographic and tech communities. It started to attract a small but passionate group of users who saw the potential of this new digital currency. Bitcoin's early adopters began mining, trading, and experimenting with the technology.
Bitcoin is often described as a peer-to-peer cryptocurrency because it allows users to transact directly with each other without the need for intermediaries such as banks or payment processors. To participate in the Bitcoin network, users need to run a Bitcoin client, such as a wallet application, that connects to other nodes in the network. These nodes communicate with each other to propagate transactions and blocks, ensuring the consistency and security of the network.
The Bitcoin consensus mechanism is known as Proof of Work (PoW). It is the algorithm that Bitcoin miners use to validate and secure transactions on the network. When a user initiates a Bitcoin transaction, it is broadcasted to the network. Miners collect these transactions into blocks. Miners compete to solve a computationally intensive mathematical problem, known as a cryptographic hash function. This process requires substantial computational power and energy consumption. The first miner to find a solution to the problem adds a new block of transactions to the blockchain.
Other miners verify the validity of the solution and the transactions in the newly added block. They ensure that the miner followed the rules and that the transactions are legitimate. The miner who successfully adds a new block is rewarded with a predetermined amount of newly minted bitcoins and transaction fees. This incentivizes miners to continue participating in the network and securing the blockchain.
The PoW consensus mechanism in Bitcoin is designed to be computationally intensive, making it difficult for any single entity to control the network. The idea is that the more computational power a miner has, the higher their chances of solving the mathematical problem and adding a block to the blockchain. This mechanism helps maintain the security and integrity of the Bitcoin network. However, PoW consensus requires a significant amount of energy consumption, leading to concerns about its environmental impact.
One of the key features of Bitcoin is its limited supply. There will only ever be 21 million bitcoins in existence, which is predetermined by its protocol. This scarcity has contributed to Bitcoin's value, and it is often referred to as "digital gold" or a store of value.
Bitcoin can be obtained through various means, such as mining (although it requires significant computational power), purchasing on cryptocurrency exchanges, or accepting it as payment for goods and services. It can be stored in digital wallets, which can be software applications or hardware devices designed for secure storage.
Bitcoin has gained significant attention and popularity over the years, with its price experiencing extreme volatility. Its decentralized nature and potential for anonymity have made it attractive to some users, while others see it as a speculative investment or a means of conducting transactions outside the traditional financial system
In July 2010, the first documented real-world transaction involving Bitcoin took place when a user purchased two pizzas for 10,000 bitcoins. This transaction highlighted the fungibility and utility of Bitcoin. Over the years, Bitcoin's price experienced significant volatility, with notable milestones, including reaching parity with the US dollar in 2011 and reaching an all-time high price of nearly $20,000 in December 2017.
The users can buy Bitcoin online through most of the crypto platforms such as Binance, Coinbase, Kraken, Bitstamp, Gemini, Bittrex, etc. The most popular way to buy Bitcoin online with bank account is through the Binance platform, which allows depositing funds in your wallet directly from the bank card. You can also look at the options for buying BTC (including Binance and others) right here, where we gathered them for your convenience.
How to Buy BTC on SwapSpace
On this page, we put USD in the “You send” and BTC in the “You get” sections in the widget. USD is the default, but you can choose your preferred fiat currency. Put in the amount of fiat you want to spend. Next, press the ”View offers” button and choose a provider.
Fill in the “Enter the recipient address” field with the destination Bitcoin address. Check the information carefully and click the “Next” button. After reading the special terms and conditions in the next window, click “Next” again.
At this point, you will either see our partner’s widget or be redirected to another page, depending on the chosen provider. You will be asked to verify your identity, as this is standard practice for the services that work with fiat money. Follow the provider’s instructions on the screen.
After completing the KYC procedure, fill in your credit card information. At this point, everything is in place and your transaction will start.
Wait for the transaction to process. You’ll see a message when it’s completed. A window with your transaction details will also appear; from there, you can also create another crypto-fiat exchange.
