Indacoin: Buying Bitcoin, Litecoin with a Credit Card
Indacoin is an exchange service that allows users to buy bitcoin and litecoin with debit or credit cards. With customers across the world, in areas such as the US, Canada, Europe and the CIS region, this platform aims to make bitcoin more accessible to the average person.
Disclaimer: This article was sponsored by Indacoin. Bitcoinist is not responsible for this firm’s products and/or services.
How Indacoin Works
To use the service, customers enter a credit card number, along with a valid phone number and email address. After specifying how much bitcoin or litecoin the customer would like to purchase, users enter the bitcoin address where they would like to have their coins deposited. Indacoin notes that all details provided must match customer bank record.
After completing this process, Indacoin will purchase the cryptocurrency and then send it to the provided wallet address. According to the website, coins should appear in the customer’s wallet within 10-15 minutes after the order is completed. Indacoin transactions should appear on the customer’s credit card statement as ‘indacoin.com 44 207 048 25 82.’
This post was published at Bitcoinist on 2016/08/02.