Buy Bitcoin Cash with Paysafecard 2020 - Here's how

Bitcoin Cash 2020: buy Bitcoin Cash with Paysafecard? How to buy BCC with Paysafecard Read now here.

The Paysafecard is a popular payment method for purchases on the Internet. It can be purchased throughout Germany at many sales outlets. Among other things, the purchase of a Paysafecard is possible at almost every petrol station and in numerous retail stores. One advantage of the Paysafecard is the anonymity, because the user does not have to enter account details when paying , but only the code printed on the card.

Buying Bitcoin Cash with Paysafecard is, however, only possible with a few providers, because due to the laws against money laundering, anonymous payments to regulated brokers and platforms should be avoided if possible be. In the following guide we show you how to find a provider where Buy BCC with Paysafecard is possible. We also present a number of alternatives, which you can use to pay at significantly more Bitcoin cash providers.

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step by step Step explained: Buy Bitcoin Cash with Paysafecard

Paysafecard is an online payment method in which no personal data has to be provided. Therefore, the prepaid card offers a high level of security for payments in the network and is therefore preferred by many users. In addition, users have good control of their expenses, because the card must first be purchased from a point of sale. Alternatively, Paysafe credit can also be bought online and loaded onto the credit account. Customers can pay using bank transfer, Sofortüberweisung, Giropay or credit card.

The pin code on the card can be used when paying online can be entered. It is also possible to open a user account on the Paysafecard website and to manage the purchased credit there.

Paysafecard itself will use for the transaction no fee charged. If you want to pay with Paysafecard when buying Bitcoin Cash, you should inform yourself in advance about possible fees from the broker or the platform, because payments with the Paysafecard are not always free of charge.

The Paysafecard is a pure form of payment. Payments cannot be made with it, which is why other payment methods must be selected when converting cryptocurrencies to euros.

Buy Bitcoin Cash with Paysafecard 2020 - Here's how

Advantages and disadvantages of paying with Paysafecard at a glance

Pro:

  • Secure and anonymous means of payment because no personal data is passed on
  • Full cost control: Only the maximum amount that is available on the Paysafecard can be paid in.
  • Partial payments are also possible: If the full balance on the Paysafecard is not paid in, this can later be used for other purposes.

Contra:

  • Deposits only: Refunds or withdrawals cannot be made using a Paysafecard
  • Not available on all trading platforms for cryptocurrencies
  • Limited deposit amounts
  • Some providers charge high fees when paying with a Paysafecard
  • No refund if the Paysafecard is lost

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At Which providers can I pay for Bitcoin Cash with the Paysafecard?

Buying Bitcoin Cash online with Paysafecard is uncomplicated and the paid credit is credited directly. The fact that no personal data has to be passed on is a clear plus for the prepaid card.

However, payment by Paysafecard has so far been by most crypto exchanges and platforms not offered. If you want to pay with Baysafecard when buying BCC, you have to make sure that this payment method is offered when choosing your trading partner.

With several online brokers, can be paid for free with a Paysafecard be deposited. However, trading with brokers takes place via CFDs. This has the advantage that the fees for buying and selling are comparatively low and in part more money is available for investing through lever than on the trading account exists, however the customer here does not acquire real coins, but only speculates on their course. The acquired contracts for differences can therefore not be used for payment on the Internet like Bitcoin Cash and cannot be transferred to your own wallet.

Buying BTC is with Paysafecard but now also possible with some exchange platforms and crypto exchanges. Here, however, users should pay attention to whether additional fees will be charged for payment by Paysafecard . If this fee is too high, it can be worthwhile to switch to one of the other offered payment methods.

Buy Bitcoin Cash with Paysafecard 2020 - Here's how

Alternatives: These payment methods are offered more frequently

Since payment by Paysafecard is not offered by many trading platforms or is only possible with high fees, we present below some alternatives to buying Bitcoin Cash with Paysafecard. These methods can be used with significantly more providers and are sometimes even free of charge. It may be worthwhile to compare with one another, regardless of the payment methods offered, because there is a higher chance of finding the cheapest provider for the desired trades.

Bank transfer:

On most platforms, users can pay their cryptocurrencies via bank transfer. This is done either directly or by adding funds to the customer account in advance.

When making a bank transfer, it usually takes one or more days until the transaction has been processed by the banks involved and credited to the account.

Immediate transfer:

With this method, the credit is debited directly from the customer's account and is immediately available for trading with Bitcoin Cash. However, in contrast to the Paysafecard, the personal account details must be entered here. Sofortüberweisung is available from numerous providers, but some of it is associated with fees.

Giropay:

Giropay is a payment method that is based on online banking and for purchases was optimized on the Internet. Similar to the direct transfer, the money is debited directly from the checking account and is therefore immediately available for the purchase of Bitcoin Cash or other cryptocurrencies. Giropay is offered by numerous crypto exchanges, exchange platforms and online brokers.

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Credit card:

Auf Many platforms also allow customers to deposit by credit card. While regulated online brokers almost always require registration and verification, crypto exchanges or online marketplaces can often be paid by credit card without full registration. Compared to users who pay for Bitcoin Cash online with Paysafecard, credit card users have the disadvantage that the corresponding data must be entered.

Skrill:

This is a so-called e-wallet, which can either be loaded with credit via deposit or linked to the bank account or credit card. No bank details are required when paying with Skrill, so this method offers a level of security similar to that of the Paysafecard.

Neteller:

Neteller is also an online Wallet, which can be used to pay online without having to provide personal account information. All you need is a Neteller account number and a personal code. Should this data fall into the wrong hands, it cannot be used to access the customer's bank account. With the Neteller Mastercard, credit from the account can also be used directly for payments in shops or paid out at ATMs.

PayPal:

PayPal, like the Paysafecard, is considered to be Particularly secure payment method, as no bank details have to be entered. If you want to buy Bitcoin Cash with PayPal, you only have to enter the email address associated with the PayPal account. Unfortunately, PayPal is not yet offered by many trading platforms.

Bitcoin:

Payment by Bitcoin is a common method of acquiring Bitcoin Cash. On some exchanges, this is even the only way to trade cryptocurrencies, since fiat currency payments are not supported here. If you want to buy Bitcoin Cash from a provider that only accepts Bitcoin as a means of payment, you must first purchase Bitcoins from another provider and then exchange them for Bitcoin Cash.

The advantage of depositing with Bitcoin is, among other things, that Anonymity: Personal data do not get onto the Internet because it is transferred via a wallet. Deposits and withdrawals via Bitcoin are also free of charge at many providers, so that users will ultimately receive more Bitcoin Cash for their money.

Manage BCC: What you should consider if you have Bitcoin Cash

Regardless of whether you pay for BTC purchases with a Paysafecard or another method: You should always manage the coins you acquire in this way on your own wallet and not, for example, with a crypto Store stock exchange as credit. Serious providers have strict security regulations, but it is never excluded that a hacker attack will occur. In this case, it would be questionable whether the credit stored at the crypto exchange will be refunded.

The safest way to manage cryptocurrencies is on so-called paper wallets. The cryptographic key is printed out or written down and thus stored without a connection to the Internet. Access by hackers is therefore not possible with this method. Corresponding hardware is also offered for offline management, on which the cryptographic keys can also be stored without an internet connection and are well protected against unauthorized access.

The cryptographic keys stored on the wallets are the access to the coins, which are in your possession. Therefore, a wallet should always be well secured and the access data must not be lost. Otherwise, it is no longer possible to access the existing Bitcoin Cash balance.

Buy Bitcoin Cash with Paysafecard 2020 - Here's how

Selling Bitcoin Cash: It is not possible to pay out with a Paysafecard

There are different ones Motives to buy Bitcoin Cash. If you want to use the cryptocurrency to pay quickly and anonymously on the Internet, you don't have to worry about payment methods. On the other hand, anyone who speculates primarily on the performance of the young cryptocurrency may also want to exchange the coins for euros again at some point. Now you can buy Bitcoin Cash with Paysafecard, but sale is not possible with the prepaid card. The Paysafecard is only intended for deposits, withdrawals in fiat currencies, on the other hand, must be carried out by bank transfer, e-wallet or with another method. Buyers should be aware of this when using Paysafecard when buying Bitcoin Cash. For this reason, too, it is worthwhile in our eyes to look for an alternative payment method with which both deposits and withdrawals are possible.

Selling Bitcoin Cash is usually possible from the same providers where the cryptocurrency can also be purchased. Not only is the exchange for euro possible, but it can also be exchanged for other cryptocurrencies on many platforms. When trading with CFDs, on the other hand, after the position is closed, the corresponding equivalent is automatically credited in euros, dollars or another fiat currency.

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Our conclusion: buying BCC with a Paysafecard is often only possible with restrictions

The Paysafecard can be purchased offline in numerous sales outlets purchased or bought online. Your great advantage lies in the anonymous payment, which means a high level of security for the users. This way, hackers cannot access the customer's account data, since they do not have to be entered at all. The Paysafecard is also well suited for cost control.

Buying Bitcoin Cash with Paysafecard is also associated with some disadvantages. If you only want to use this payment method, the selection of a suitable provider is significantly restricted, because payment with the prepaid card is not offered by most trading platforms. Even high fees when depositing with a Paysafecard are not uncommon. However, there are also online brokers who offer deposits via Paysafecard free of charge. Here it is important to inform yourself in advance about the fees in order not to be surprised by unexpected costs.

Paysafecards can only be used to deposit. However, a payment is not possible with this method. Here, the account details must usually be given if the transaction is to be carried out by transfer.

Another option for buying Bitcoin Cash relatively securely is payment via Neteller, Skrill or in another cryptocurrency. PayPal is also considered a particularly secure payment method, but like the Paysafecard is not offered by most platforms. When entering personal data, as is required, for example, with bank transfer or payment by credit card, users should always pay attention to the seriousness of the respective platform and ensure your own secure virus protection. However, this is recommended anyway when trading with all financial products, as otherwise there could be potentially high losses.

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Buy Bitcoin Cash with Paysafecard 2020 - Here's how

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