7 most popular ways to replenish a bitcoin wallet How to quickly and profitably replenish a bitcoin wallet? This question worries everyone who plans to mine Bitcoins or invest in “digital gold.”
Now there is plenty to choose from . You can put money into your own or someone else’s Bitcoin wallet in different ways: through exchanges, exchangers, payment systems, bank cards, telegram bots, terminals, and even cash.
But each replenishment method has its own characteristics. And the safety of operations and monetary benefits depend on the correct choice.
We are here to help you: 7 popular ways to top up your Bitcoin wallet, and the pros and cons of each of them. Brief and informative. Everything as you like.
Briefly about the Bitcoin wallet
Everyone is familiar with the concepts of Bitcoin and blockchain, but not everyone still knows what a Bitcoin wallet is and how digital coins can be used in general? A Bitcoin wallet is a kind of storage for tokens. It can be single-currency or multi-currency, that is, it works only with one cryptocurrency or supports other coins.
Source: finance.yahoo.com
Each wallet has an address consisting of Latin letters and numbers. The first wallet is short - this is a public address that can be shown to other people. The second address is a secret or private key that allows access to assets, so it must be kept in a safe place.
The public key consists of 34 characters - here is an example: 1N2fzBApPMJDm7eGU9YtYUVys5fCWAXoHP. The second key is longer and may look like this: 5JCGEtpU7JMaszq9DbqNX9cЕq4P6tfdsMT63HgNM7VJyiR427Uq5
Privat 24
A real find for Ukrainian cryptocurrency users will be the online Internet banking service “Privat 24”. To successfully carry out the exchange, we will use the most profitable exchange platform. Next, we present instructions for replenishing your wallet for Privatbank clients. It looks like this:
- Enter the amount of bitcoin in the “I change” column;
- The service will automatically generate a request and show the figure taking into account the system commission;
- Next, in a special column, enter the number of your Bitcoin wallet;
- We enter other information about the client requested by the system;
- We are waiting for replenishment.
Main replenishment methods
There are many ways to top up Bitcoin wallets available to users in Russia. You can transfer finances both from electronic wallets such as Webmoney, Yandex or Qiwi, and from bank cards. There are also special terminals called iBox, which are becoming more and more common in the country every year.
When replenishing a BTC wallet, a certain commission is always charged, depending on several factors:
- transfer amount;
- the terms of the payment system you use;
- terms and conditions of the asset transfer service.
On average, commissions range from 2 to 5 percent, and sometimes reach a record 10 percent. Typically, the smaller the transaction amount, the more expensive the fee.
Exchanges
Everyone knows that cryptocurrency needs to be bought on exchanges . And although this is not the easiest way, it is the most profitable.
Cryptocurrency exchanges offer much more favorable conditions for rates and commissions
Bitcoin is available for sale on all crypto exchanges, only the purchase rate differs. When choosing an exchange, it is also important to find out whether it has an official representative office in Russia. This can simplify and speed up the process of solving problems if your funds disappear from your account or your account is blocked, etc.
✅ Work only with proven and reliable exchanges in 2022:
| # | Exchange | Address | Trading volume, 24 hours |
| 1 | Binance | www.binance.com | 384,445 |
| 2 | OKEx | www.okex.com | 127,519 |
| 3 | Huobi Global | www.huobi.com | 49,664.65 |
| 4 | Bitfinex | www.bitfinex.com | 20,912.44 |
| 5 | Bitforex | www.bitforex.com | 10,763.48 |
| 6 | BitGlobal | www.bitglobal.com/en-us | 5,888.02 |
| 7 | Bittrex | bittrex.com | 2,151.82 |
| 8 | Poloniex | poloniex.com | 1,863.97 |
| 9 | EXMO | exmo.com | 1,627.20 |
| 10 | CEX.IO | cex.io | 542.28 |
Data update 01/13/2022, 12:51
Advantages and disadvantages
Favorable courses;
You can not only buy, but also store cryptocurrencies (it is not recommended to leave coins on the exchange for a long time);
No additional commission fees for depositing and withdrawing funds;
The opportunity to catch the best moment to buy Bitcoin due to the changing exchange rate.
Not all exchanges support fiat;
The need to have certain skills to work on a specialized trading platform.
How to load funds to a Bitcoin wallet through the terminal?
First, let's decide how to transfer money to a Bitcoin wallet from the terminal. This option is not available to everyone, since not every Russian city has such machines. They are mainly found in large cities, and they began to spread from Ukraine. If you decide to use the iBox terminal, you need to do the following:
- We approach the terminal and select the btcubiz function.
- Enter your phone number and transaction amount.
- Print out the receipt (you need to save it).
- We go to the website, select the “Purchase” item and find there “For cash at the terminal”.
- The receipt has an activation code that must be entered in the appropriate field.
- We confirm the operation with the “Pay” button, check the data and make a transfer.
- All you have to do is enter your wallet details and click “Pay.”
This is a fairly simple way to transfer money to a Bitcoin wallet, although it is not available in all Russian cities.
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- Log in to the selected site where you will purchase bitcoins and track the stages of the transaction.
- Select the exchange/purchase rate and read the terms and conditions of the transaction.
- Check your card balance and calculate your available personal funds to make a purchase.
- Use an online calculator to calculate the amount of Bitcoin coins.
- Before the operation, be sure to double-check the correct spelling of the Bitcoin address. Please note that the sequence of characters always starts with one! The best option is to copy the address from a personal offline source that stores passwords and account access keys. This way you will avoid mistakes.
- Carry out a monetary transaction to purchase Bitcoin.
If you carried out an operation to purchase bitcoin coins without authorization, be prepared to enter your personal data - this will be required to receive a notification about the completion of the transaction.
Replenishment with Webmoney
Source: youtube.com
Users of Webmoney electronic wallets also have the opportunity to transfer funds directly to their Bitcoin wallets, avoiding online exchangers. To do this, you need to create a WMX wallet in the application - it is created for digital coins. 1 WMX is equal to 0.001 BTC, that is, 1,000 WMX is exactly 1 BTC.
To transfer assets from Webmoney, you must first top up your WMX. This can be done through internal exchange (a small commission of 0.8% will be charged for the transfer). When you have the required amount in your wallet, you need to go to your Webmoney personal account and do the following:
- Log in and go to the withdrawal section. You can simply follow the link https://wmx.wmtransfer.com/Home/Withdraw.
- There are two fields to fill out on the page. The first indicates the transfer amount, and the second the wallet address.
- Confirm the operation with the “Submit” button.
- We go to the WebMoney Keeper program and pay the invoice that should have already arrived.
Immediately after this, the transaction will take place for some time. As soon as the procedure is completed, the funds will be credited to your Bitcoin wallet.
Other transfer options
In some countries, you can buy Bitcoins using a bank card and credit them to your account using the services of special brokerage companies. Most of them do not work in Russia, but users who have cards from banks in other countries can use this option.
We list the most famous brokerage firms:
Coinbase . The largest Bitcoin broker in the world, operating in 30 countries (USA, Canada, Australia, Singapore, Europe). Residents of these countries can instantly buy crypto through SEPA transfers and bank transfers from debit and credit cards that support 3D Secure in an amount of up to 100 USD per day. The fixed commission is small and amounts to 3%. Bank transfer can take up to 5 days.- Coinmama . Covers a large list of countries, makes it possible to buy digital currency in the amount of up to 5 thousand dollars per day, of which up to 150 dollars without identity verification. Very convenient for small transactions, but the commission is 6%.
- BitPanda . The service operates in the countries of the European Union. You can buy bitcoins here not only from a card or transfer, but also in other ways (SEPA, NETELLER, SOFORT, giropay). The commission is average (4%), but the commission policy is not transparent enough, because... commission is included in the purchase price.
- CEX.io. _ Operates in the EU, USA, Latin American countries. Options for purchasing Bitcoins - card, SEPA, AstroPay, cash. Commission fees are only 0.2%, but the user verification process is complicated by the requirement to provide a large amount of personal information, including a photo.
- Coinhouse . This brokerage company operates in Europe. You can purchase cryptocurrencies using credit, debit or prepaid MasterCard or Visa cards with the 3D Secure option. The high commission is offset by the opportunity to buy a large amount of digital currency at a time. Verification is difficult.
These options are most suitable for users who need to quickly buy a small amount of cryptocurrency. However, the complexity of processing and the fairly high risk of fraudulent actions by clients lead to increased commission fees.
As a result, we can conclude that there are not so few options for purchasing cryptocurrency from a bank card. However, most of all, users are waiting for the moment when digital coins will be introduced into the legislative field, and it will be possible to purchase them without intermediaries and additional costs.
Replenishing a Bitcoin wallet from a Sberbank card or another bank
Source: kurs-bitcoina.ru
There is an option to top up Bitcoin wallets from cards of Sberbank or other banks, but for this you will have to use an online exchanger. You can choose the right one using the special Bestchange service, which is quite popular on the Internet. On the main page you need to select the exchange direction so that all suitable exchangers are displayed. As a rule, you can top up your Bitcoin wallet from cards of Privat24, Sberbank, Alfa-Bank, VTB24, Tinkoff and many others. The listed options are the most profitable due to the minimum commissions.
Having selected an exchange service with a suitable rate, you need to open the website, fill out the appropriate application and confirm the operation. The procedure may differ in different exchangers, but in general everything is always intuitive, even for beginners. Also, all such exchangers have technical support services that answer user questions.
After completing the application, an invoice will be issued for payment using a bank card. This must be done within a certain period of time - usually 1 day. You can do this online through your bank’s Personal Account. After payment at a certain time, the exchanger will transfer funds to the Bitcoin wallet.
Exchangers
Since today on the Internet you can find a huge number of sites specializing in currency exchange, it is impossible to remember which one has a lower rate and which one has a higher one . That is why I recommend to all those who are interested in how to buy bitcoin at the best price to make friends with monitoring exchangers. On them you can choose the most favorable exchange rate in one direction or another - from plastic to a bitcoin wallet or from one wallet to another.
I present to your attention a couple of the most convenient and reliable, in my opinion, monitoring systems:
- Bestchange – in real time, the system analyzes all data from verified exchangers and presents them in the form of a rating.
- Superobmen - works similarly to Bestchange; in the same way, the system analyzes the rates of different exchangers and displays them in the form of a table.
Make a profitable exchange with bestchange
LocalBitcoins service
LocalBitcoins is another very convenient resource that offers a large number of different options for money exchanges:
- Through electronic transfer systems.
- Through bank cards.
- At a personal meeting with the seller.
- Through international transfers, etc.
Go to the company’s website https://localbitcoins.com/ and you will see this window:
To quickly buy bitcoins on the Internet using a Sberbank card, you just need to fill out four fields:
- Number of rubles.
- Currency type.
- Country of your geolocation.
- Preferred method of exchange.
Next, select any suitable option from the list and proceed to purchase. At the next stage you will be asked to register, but according to the organizers, this will take no more than 30 seconds.
There are really only 4 fields supposed there:
- Username;
- e-mail;
- password;
- password (repeat).
Well, the last step is to fill in the payment details: plastic card number and cryptocurrency wallet address.
Service review: LocalBitcoins – exchange for direct exchange of bitcoins for fiat money
conclusions
- You can top up your Bitcoin wallet from a Sberbank card through exchangers, some exchanges, or by negotiating directly with other users of the payment system.
- Sberbank does not work directly with cryptocurrency and does not provide the opportunity to replenish a Bitcoin wallet.
- It is not recommended to top up your Bitcoin wallet with a credit card due to the need to pay a commission for “quasi-cash” transactions.
- You can also withdraw funds from a Bitcoin wallet to a Sberbank card through exchangers, exchanges, or by direct sale to other users of the system.
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