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Coinimal bitcoin exchange adds Visa and Mastercard as ways to buy bitcoin

Coinimal is an Austria based bitcoin exchange, which acts as a broker for users who wish to buy or sell bitcoin. 

Users can fund their accounts with several payment methods such as Sofort, Neteller, Giropay, SEPA, or online bank transfers payable in Euro (EUR) currency.

However, starting today Coinimal has announced that they have added Visa and Mastercard as accepted payment methods to buy bitcoin using their platform.

“Credit cards are by far the easiest and safest way to buy online, with the exception of cryptocurrency itself, and it makes sense to offer these advantages to our customers. Additionally we are very happy to offer our customers the cheapest price in Europe for this service!”, explains Coinimal co-founder Eric Demuth.

Coinimal users that want to buy bitcoin with a credit card have to use a Mastercard with activated 3d-secure protection or Verified by Visa. Fully authorized Coinimal Gold customers can buy up to 350€ in bitcoin with their credit card.

Coinimal joins a growing list of bitcoin exchanges that are now allowing the purchase of bitcoin with credit cards. In the past buying bitcoin with a credit card was out of the question. In the last year though as bitcoin has become more widely known and accepted in the payments space, including by banks, credit cards are now becoming a common payment method for bitcoin exchanges.

Tags in this story
bitcoin exchanges, coinimal, Credit Card, Debit Card, MasterCard, VISA
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David Shares

David is a writer, researcher, and developer who is passionate about bitcoin and blockchain. He writes for Bitcoin.com, Blockchain.com, and is the founder of Bitcoinx.io (which was acquired by Bitcoin.com). David previously used to write and curate for Myspace and has worked in the fintech and payments space for over 15 years.