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August 12, 2019

How do I buy Bitcoin Gold instantly with a credit card?

buy Bitcoin Gold

Put the ‘gold’ into digital gold using a credit card and Coindirect.

What is Bitcoin Gold?

Split from the Bitcoin main blockchain, Bitcoin Gold stands as one of Bitcoin’s hard forks. It was split in October 2017 with the intention of resolving several issues that Bitcoin faces. Bitcoin Gold makes use of a Proof-of-Work algorithm called Equihash in order to increase decentralisation to the cryptocurrency.

Read more about Bitcoin Gold

How to create a Bitcoin Gold wallet

Sign up for a free Coindirect account and you will automatically get a free Bitcoin Gold online wallet. You can use your Bitcoin Gold wallet to buy, sell, store, send (withdraw) and receive (deposit) BTG.

How to create a Bitcoin Gold address

Once you have signed up for a free Coindirect account all you need to do is press the ‘Receive’ button to reveal your Coindirect Bitcoin Gold wallet address.

How to buy Bitcoin Gold with a credit card

  1. Sign up for a free Coindirect account.Buy Bitcoin Gold online using a credit card
  2. Find your Bitcoin Gold Wallet and click the  ‘Buy’ button in your Bitcoin Gold Wallet.Buy Bitcoin Gold with a credit card
  3. Select “New VISA Card (EUR)” or “New credit card (NGN)” if you are in Nigeria.Buy Bitcoin Gold online using a credit card
  4. Enter EUR value of Bitcoin Gold you want to purchase (more than the minimum limit) or the Bitcoin Gold amount you want to buy and then click ‘Preview Buy’.Buy Bitcoin Gold online using a credit card
  5. You will receive a quote, press ‘confirm’ before the timer runs out (counts down from 55 seconds).Buy Bitcoin Gold online using a credit card
  6. Type in your credit card details and pay.Buy Bitcoin Gold online using a credit card
  7. You will be taken to a page to verify your transaction.Buy Bitcoin Gold online using a credit card
  8. Finally, you will be redirected back to your Coindirect Wallet once the payment is successful.

How do I purchase Bitcoin Gold from my bank account?

If you are in South Africa or in Europe in a SEPA country you can deposit ZAR and EUR into your Coindirect ZAR Wallet or Euro Wallet respectively.

To fund your account you have to transfer money using bank transfers. To get the funding instructions so that your account is credited:

  1. Go to your ZAR/EUR wallet and click the “Fund now” button. Alternatively, click the Fund tab in your Coindirect wallet and click on “Transfer Now”.
  2. Select the bank to transfer to from the drop-down menu to get payment details and the reference you should use (highlighted in blue).
  3. Transfer the money from your bank account into the account shown on the screen then wait for the bank transfer to be processed (0-3 business days depending on the bank).
  4. Once the funds reflect in your ZAR wallet, go to your Bitcoin Gold wallet and click “Buy” and select “Wallet (ZAR)” or “Wallet (EUR)” as you payment method.

Where can I sell my Bitcoin Gold?

You can sell Bitcoin Gold from your Coindirect wallet by clicking the ‘Sell’ button in your Bitcoin Gold wallet.

If you are in a SEPA region or South Africa. You can sell your Bitcoin Gold and instantly get money transferred to your Wallet (ZAR or EUR).

If you are in another region with no local currency wallet. You can sell your Bitcoin Gold by creating a sell offer on the marketplace.

You now know how to buy Bitcoin Gold instantly from almost anywhere in the world. Make sure to download the Coindirect App to trade Bitcoin Gold from the palm of your hands.

Credit card limits

Please note that Coindirect has limits for credit card purchases in place.

Make sure that your account is verified so that your credit card purchase limits are increased.

Currently, the limits for credit card purchases are:

Unverified users – €175 – €500

Verified users – €890 – €1000

Earn Ripple

Invite your friends to trade and buy Bitcoin Gold using a credit card through Coindirect and Earn Ripple for almost no effort. Simply send them a unique link to trade through the Earn tab and when they sign up and perform their first transaction, you will each earn 5 XRP.