Bitcoin by credit card: the surcharge runs up to 9.94 euros per 100 euros

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Anyone buying Bitcoin with a credit card pays two fees instead of one: the trading venue's, and their own bank's, which often settles the purchase like a cash withdrawal. On 100 euros of card spending up to 9.94 euros add up, while the SEPA transfer costs nothing at the same providers.If you want to buy Bitcoin with a credit card, it takes less than five minutes. That very convenience makes it the most expensive buying route available in Germany. You do not pay one fee but two: the card surcharge of the trading venue, and a second surcharge from your own bank, which frequently does not book the purchase as a purchase at all. On €100 of card spending that adds up to €9.94 in the most expensive case and €1.80 in the cheapest. Paying in the same amount by SEPA transfer costs nothing at any of the large providers. Bitcoin traded on Sunday at around €75,660, or $85,201, and was thereby 0.4 percent above the previous day. For the question of what the purchase costs, the price is irrel...