How to Buy Bitcoin
Your new Wirex card allows you to buy Bitcoins through bank transfers
or Paypal. The simple, two-step process involves funding your Wirex
wallet and then converting your local currency to Bitcoin.
Step 1 (itemized by funding option) – Funding Your Wirex Account with Local Currency (USD, GBP, EUR)
Buy Bitcoin with a Debit Card (Bank Transfer)
Funding your Wirex wallet through a bank transfer is a lot like
buying Bitcoin with a debit card. This is because you fund the account
with local currency, straight from your bank account.
To fund your wallet with a bank transfer, sign in to your Wirex account. Once you click on the appropriate
Add Funds
option for your country, you will be asked to choose your bank. Once
you’ve verified the details, funding your Wirex account happen as
quickly as a few minutes.
Keep in mind that while Wirex does not charge for this service, regular bank charges might apply.
PayPal – How to Buy Bitcoin with a Bank Account
Unlike Bank Transfers, you can fund your Wirex wallet through the PayPal interface.
How to Buy Bitcoin From a Bank account
If you have your local-currency bank account linked to PayPal, you
can fund your PayPal account with your bank account. Keep in mind that
PayPal charges up to $3 for this process, so budget for these fees
accordingly. Once your PayPal account shows that your local currency has
been funded (you’ll see a positive balance in your PayPal account), you
can withdraw the funds to your Wirex account.
PayPal – How to Buy Bitcoin With a Credit Card
If you have an existing credit card linked to your Paypal account,
you can fund your PayPal account with that credit card (remember to add
up to $3 for the PayPal fees). Once your PayPal account has been funded,
you can withdraw funds to your Wirex account.
Step 2 – How to Buy Bitcoin – Converting From Local Currency (USD, GBP, EUR) to Bitcoin
Conversion from your local currency to Bitcoin happens within your
Wirex account. Start by logging in to your Wirex account. When you
convert from local currency to Bitcoin, the balance in your
Bitcoin wallet
will increase while your local currency balance will decrease.
Conversely, when you sell Bitcoin, the Bitcoin wallet will decrease
while the local currency (USD, GBP, EUR) will increase.
Simplicity in Two Steps
Your Wirex card – your Everywhere Account – allows you to
buy Bitcoin with a variety of funding options. Getting started is simple, and the account is free!
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