How to Buy Bitcoin
Buy Bitcoin with your Credit or Debit Card via Coinbase. Check our user-guide on how to get it!
Already have Bitcoin?
If you already have Bitcoin and you would like to deposit via Bitcoin then please follow the instructions of section 7 on this page.
Deposit Bitcoin
1. Create an Account on Coinbase
Once you create an account, confirm your personal details and login. You may be asked to upload a scan of ID. Once youâve logged in, continue to the next step.
Click on âLink a New Accountâ in the right corner.
2. Click âCredit/Debit Cardâ
3. Enter your Credit/Debit Card Information
Note that Coinbase only accepts Visa and Mastercard credit/debit cards at this time.
4. Confirmation
You should see a confirmation like the one below. If so, your credit/debit card has been successfully added!
5. Buy Bitcoin
Go to the buy page and you should see a widget that looks like the image below:
Enter the amount you want to buy, and click âBuy Bitcoin Instantlyâ. Your coins will then be delivered to your Coinbase wallet!
6. Deposit on OspreyFX using Bitcoin
Now that you have Bitcoin, its time to fund your OspreyFX account. To do this you will need to login to your OspreyFX client portal https://login.ospreyfx.com/ and
- Select âDepositâ or âDeposit Fundsâ
- Then select âDeposit Type = Bitcoinâ
- Type the amount you wish to fund
- Next, click the âRedirect me to payments pageâ
Once you click âRedirect me to payments pageâ you will be presented with a unique Bitcoin address which will look like a string of random numbers and letters.
Make note of this âAddressâ and head back over to CoinBase and click on âAccountsâ and then click âSendâ. Enter the Bitcoin address into the âPayout Addressâ, select how many Bitcoin you would like to send and click on âSendâ.
CoinBase will then send you an email to verify the transaction, so check your email and click on the âConfirm Withdrawalâ button.
Thatâs it, check your OspreyFX client portal and your Bitcoin will be credited once it has 6 confirmations. The speed of confirmations is determined by the blockchain. You can check progress here, by putting in the address you send bitcoin to in the search bar.
The amount of bitcoin you send whether higher or lower will be credited to your account automatically.