Purchasing Cryptocurrency with a Credit Card on CoinW
CoinW now offers instant cryptocurrency purchase services with credit cards in multiple countries and regions worldwide. This service helps users who are unable to use fiat currency to buy digital currencies. They can use Visa credit cards to purchase digital currencies using USD, EUR, or GBP.
Procedure for Buying USDT with Credit Cards
WEB
- Log in to the CoinW website, hover your mouse over the "Buy Crypto" button at the top, select "Quick Buy" and enter the fiat trading interface.
- After entering the “Quick Buy” trading interface, click the "Buy" button at the top.
- Enter the "Amount," "Fiat Currency," and "Payment Method" you want to use for the purchase, then click the "Continue" button to proceed to the checkout page.
- Insert your card details and proceed with the payment.
- Once the payment is completed, users must complete identity verification (KYC) with the third-party service provider to ensure the swift arrival of purchased cryptocurrency. Once successfully verified, the service provider will immediately process the transaction and deposit the cryptocurrency into your CoinW account.
APP
- Open the CoinW app, log in to your account, click on the "Trade" button in the bottom navigation bar of the homepage to enter the trading interface. After entering the trading interface, click on the "Buy Crypto" button at the top to enter the Buy Crypto interface and click on “Quick Buy”.
- Enter the "Amount," "Fiat Currency," and "Payment Method" you want to use for the purchase, then click the "Continue" button to proceed to the checkout page.
- Insert your card details and proceed with the payment.
- Once the payment is completed, users must complete identity verification (KYC) with the third-party service provider to ensure the swift arrival of purchased cryptocurrency. Once successfully verified, the service provider will immediately process the transaction and deposit the cryptocurrency into your CoinW account.
Notes for Quick Buy service
Q&A:
Q: Are there minimum/maximum limits for Quick Buy?
A: Yes, the limits for single transactions will be displayed in the amount input field.
Q: Which fiat currencies are supported?
A: AUD (Australian Dollar), CAD (Canadian Dollar), CZK (Czech Koruna), DKK (Danish Krone), EUR (Euro), GBP (British Pound), HKD (Hong Kong Dollar), NOK (Norwegian Krone), PLN (Polish Zloty), RUB (Russian Ruble), SEK (Swedish Krona), TRY (Turkish Lira), USD (US Dollar), IDR (Indonesian Rupiah), JPY (Japanese Yen), UAH (Ukrainian Hryvnia), NGN (Nigerian Naira), KES (Kenyan Shilling), ZAR (South African Rand), GHS (Ghanaian Cedi), TZS (Tanzanian Shilling), UGX (Ugandan Shilling), BRL (Brazilian Real)
#Please refer to the interface as it may include periodically updated new fiat currencies.
Q: Will there be any transaction fees for purchasing cryptocurrency through the Quick Buy channel?
A: Most service providers do charge transaction fees. For actual costs, please refer to the official website of each service provider.
Q: If you haven't received the purchased cryptocurrency for an extended period, what could be the possible reasons?
A: According to our third-party provider, delays in receiving purchased cryptocurrency are primarily due to the following reasons:
(a) Incomplete submission of KYC (Know Your Customer) documents during registration.
(b) Unsuccessful payment during Quick Buy transactions.
If you haven't received your cryptocurrency in your CoinW account within 1 hour, and if there is a delay where you still haven't received it after 24 hours, please immediately contact the third-party provider for assistance. Also, check your email inbox for any communications from the service provider regarding instructions.
Q: Are there any countries where this service is prohibited?
A: The following countries prohibit the use of this service: Afghanistan, Central African Republic, Congo, Côte d'Ivoire, Cuba, Eritrea, Guinea-Bissau, Iran, Iraq, North Korea, Libya, Mainland China, Libya, Panama, Rwanda, Somalia, South Sudan, Sudan, Syria, Ukraine (Crimea region), Yemen, and Zimbabwe.
Q: Can I choose to deposit fiat currencies that are not from my own country?
A: This depends on whether the third-party service provider accepts your KYC. Please inquire with the service provider you have selected for more detailed information.
Q: How can I contact the third-party supplier that I bought?
A: The best ways to contact them are:
(a) Email: Send an email to them based on the below link https://coinw.zendesk.com/hc/en-001/articles/15786924815385-How-to-Contact-Customer-Support-of-3rd-Partner-posted-21st-Feb-2023
(b) Live Chat: Use their online chat feature (located in the bottom right corner icon).