How to buy Bitcoin with the AlfaBank card

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One of the opportunities that a debit card provides for Alfa Bank clients is the purchase of bitcoins. Demand for bitcoin increased in 2021 and it has been seen, along with gold, as the safest asset during the coronavirus pandemic.There are several ways to purchase Bitcoin with an Alfa-Bank card. As a rule, this operation is performed through a crypto exchange or an online cryptocurrency exchange service, but you can use other methods to reduce the amount of the commission fee.

 

Exchangers: features of work, advantages and disadvantages

Rubles mainly can be exchanged for tokens on exchangers that is why it is a good idea to take a closer look at them, explore the peculiarities of their work, their advantages and to assess the risks. The reasons why Alfa-Bank cardholders choose crypto exchangers and not other options for buying BTC are obvious:

• Constant accessibility;
• Security, since the funds are not stored on the service and are immediately transferred to the wallet;
• Simple registration procedure that does not require the reporting of confidential information;
• High speed of transactions;
• A vast majority of currency pairs to choose from;
• Low fee level;
• Bonuses.

You can also solve the problem of how to withdraw money from a bitcoin wallet to the Alfa-Bank card with the help of the exchanger.

There is no particular point in the frequent change of crypto-exchange services during transactions..

Therefore, some caution is needed. It makes sense to stop your choice on one cryptocurrency exchanger for carrying out the transactions.

If you look for the exchange service, choose one that:

• Started to provide services long time ago, has a stable reputation;
• Constantly shows a significant amount of daily cryptocurrency trading;
• Supports trading of different currency pairs;
• Allows you to conduct transactions using different bank cards and payment systems;
• Is suitable for the client;
• Provides technical support that really helps;
• Sets reasonable rates, low fees;
• Has launched a multi-level affiliate program.

The security of exchange operations on the matbea.com service is supported by three-factor authentication. The banking system, which is considered a symbol of reliability, uses two-factor authentication.

Exchanges: their principle of operation, pros and cons

If you are engaged in trading and invest great sums of money in cryptocurrencies, it means that you have to deal with exchanges and evaluate their advantages and disadvantages. After all, it is not possible to carry out specific exchange transactions through the exchanger. Working on a crypto exchange is becoming more and more similar to the activity on stock exchanges. Consequently the requirements associated with the implementation of the KYC procedure are growing.. Клиент:

• It is obliged to provide more information about itself;
• An exchange has the right to block the account and provide confidential information to a third party.

For many Alfa-bank cardholders, who are attracted to the blockchain by the basic principles of decentralization and anonymity, such exchange interference seems unacceptable..

In recent years, a clearly traceable trend has developed concerning the situation that even traders keep the sum, which is only enough for everyday trading, on their accounts of crypto exchanges. This distrust of custodian storage is explained by:

• Slow withdrawal procedure;
• High commission fees;
• Technological imperfection that leads to failures and successful attacks;
• Bankruptcy and frauds as a result of which account holders do not get any compensation.

Cryptocurrency exchanges for working with the Alfa-Bank card

In the process of exchange trading, the exchange rate is determined at which you can buy BTc for rubles with your Alfa-Bank card. When choosing the exchange where to buy, it is a good idea to pay attention to the following features:

• High volume of daily trading;
• Availability of the Russian-language version of the site;
• Commission level.

All popular tokens are supported on the largest crypto exchanges, and commission fees gradually decrease.

Buying from the owner: benefits and risks

Those who do not like the idea of paying a commission during an exchange can be offered to buy BTC directly with their Alfa-bank card, but all the dangers that can arise in this case should be assessed in advance.The disadvantages of such transactions include:

• Difficulties in finding suitable offers, that usually involve small amounts of money;
• A high probability of a deal failure, after which it is difficult to find out who got your money;
• The attractiveness of this exchange method for fraudsters.

The irreversibility of transactions becomes the most important factor for not to exchange rubles for BTC.

How to buy Bitcoin with your Alfa-Bank card - which method to choose

When you choose a method of exchanging rubles to BTC with an Alfa-Bank card, you need to consider the following:

• The purpose for which the operation is undertaken. If it is for trading, medium-term or long-term investment, then it is better to make an exchange on a crypto exchange;
• The amount of the exchange. It is too risky to exchange large amounts directly;
• The speed of the exchange procedure. If you need to get BTC without delay, then you should contact the crypto exchanger;
• Ease of operation. The process of registration on the exchange and subsequent withdrawal of funds takes time.

The owner of the Alfa -bank card himself will have to decide what is the safer, more convenient and more profitable way for him to make transactions with cryptocurrency.

Listen to advice, but rely on your own common sense. It will tell you how to deal with this situation in order to prevent excessive risks.

Step by step instruction on how to buy Bitcoin on Matbea website with the Alfa-Bank card

If you can’t decide where to buy BTC for rubles with your Alfa-Bank card, evaluate the advantages of matbea.com cryptocurrency exchange. Registration procedure is easy - just provide a phone number or an email address so that a confirmation code can be sent .

The main peculiarity of the service, which is considered to be unique, is that website registration helps to create a crypto wallet automatically . Another significant argument is that transactions between such wallets are carried out without any fee.

After registration, you will need to add funds to your wallet in order to change rubles to BTC:

• Select a ruble bank card in the transactions section on the right to replenish the wallet balance. Matbea takes care of your safety, so you will need to go through the verification procedure;
• To buy BTC, go to the “Exchange” tab;
• Specify the amount based on service-imposed restrictions (5–3 000 000 рублей);
• The equivalent in Bitcoin will be automatically shown;
• If it suits you, tab the “Exchange” button;
• Transactions on Matbea are quick and the result of crediting bitcoins to the balance of the wallet should appear immediately. If 15 minutes have passed, and the transaction has not completed (which is extremely unlikely), contact our technical support service.

When bitcoins appear in your wallet on Matbea, you can do whatever you want with them after three-factor authentication and having a stable Internet connection.