Margex, a leading cryptocurrency exchange, offers several popular crypto investment options in over 150 countries. Established in 2019, the crypto trading platform specializes in cryptocurrency derivatives and offers copy trading, staking, and price alerts.
Users without digital asset holdings or crypto wallets can still deposit crypto on Margex using a credit or debit card. The Seychelles-based company has integrated 2 top exchanges to help investors buy cryptocurrencies easily and securely. Let’s break down how to purchase cryptos on Margex with fiat currencies.
How Do I Buy Cryptos on Margex With a Debit/Credit Card?Here’s a short step-by-step guide on how to add cryptos to Margex with a credit or debit card after creating an account.
1. Open the “Wallet” page: On the Margex platform, click the “Wallet” icon on the navigation bar. This will open the crypto assets dashboard. Click “Buy Crypto” to make a deposit.
2. Select a crypto to buy: The deposit page has a widget that features a selection of cryptocurrencies such as Bitcoin, Tether, and more. For this example, let’s choose Bitcoin. Below, the widget will show the wallet address for the transaction.
3. Choose a payment option: On the right hand side of the deposit page, click on the “Buy Bitcoin (BTC)” button, beside the Visa and MasterCard icons. Select a payment option to use from ChangeNOW, Changelly, and Uniramp. For this example, we will use ChangeNOW, which has the most payment methods.
4. Complete deposit process: After selecting the ChangeNOW exchange, you will be redirected to the ChangeNOW website. Complete the process by entering a fiat currency and amount. Your recipient wallet should be automatically added, but double-check to make sure. Click confirm and wait for the transaction to fund your account.
Buy Crypto with a Card on Margex
Supported Payment Methods & Base CurrenciesThanks to Margex’s third-party crypto on-ramps that streamline transactions, users can buy crypto with more than 50 fiat currencies using standard payment methods. Base currencies include USD, EUR, GBP, CAD, and AUD.
Regarding payment methods, traders can choose from bank transfer, card, and e-wallet options. This includes the following:
Depending on your location, more payment options may be available as Margex’s partner exchanges support multiple on-ramping solutions. For instance, Changelly provides crypto purchases through MoonPay, Banxa, Switcher, Simplex, Wert, and Topper.
What Sets Margex Apart from its Competitors?With over half a million registered users, the Margex platform stands out in the trading industry with its secure trading infrastructure and trusted crypto products. Additionally, the exchange boasts quick trading speeds with an average order execution time of less than 8 milliseconds.
Complementing the fast transaction times, Margex has some of the lowest trading costs at 0.019% maker and 0.060% taker fees. Convenient crypto-to-crypto and fiat-to-crypto deposits allow users to open trading positions easily during all kinds of market conditions.
Moreover, Margex provides 24/7 customer support via live chat and email to promptly respond to platform inquiries. The platform supports demo accounts and features a trading guide to help new crypto investors learn about the exchange.
Margex’s Security MeasuresThrough several industry-leading security measures, Margex ensures that users’ crypto assets are well protected. 100% of users’ cryptocurrencies are held in multi-signature cold storage, which provides a strong layer of protection against hacking and potential breaches.
In addition, Margex employs a machine learning-based system called MP Shield that monitors suspicious trading activities round the clock. The protocol prevents traders from being affected by price manipulations and other market anomalies.
However, it does not protect users from the inherent risk involved when trading cryptocurrencies.
From our Margex review, other safety features, such as two-factor authentication, SSL, and data encryption accounts, enhance the overall security of the Margex exchange.
Unlock Passive Rewards With the Referral ProgramMargex offers an additional opportunity to earn passive crypto income with one of the best crypto affiliate programs in the market. Here are the top three advantages for Margex referrals:
For more information, check out the Margex Referral Program.
Is Margex Worth Considering in 2024?Margex remains a solid option for crypto trading in 2024 due to its strong security measures, low fees, and fast execution speeds. Additionally, the crypto futures exchange supports 100x leverage for high-margin trading opportunities.
Overall, Margex remains a competitive choice with solid features that take crypto trading to the next level. Deposit Bitcoin and other cryptos via credit or debit card, and join thousands of traders on Margex today.
Buy Crypto with a Card on Margex
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