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How to buy bitcoin from African Bank card


How to buy bitcoin from African Bank card: African Bank is a retail bank proposing various financial products and services. The bank was opened on 31 July 1975. All the products and services offered by the bank are very beneficial and profitable for the clients. The list of these products includes banking, checking, credit cards, debit cards, investments, loans, personal loans, and savings. All currency transactions are also absolutely safe. When mentioning currency, in the current conditions Bitcoin is the best one to choose from.

To purchase cryptocurrency through African Bank, you can use standard payment systems including VISA, Mastercard, Skrill, etc.

Bank cards

If you are South African or you are now in South Africa, you have an opportunity to use real debit and credit cards of Mastercard and VISA payment systems. It is also available to buy virtual cards made by special services.

About Itez

Itez is an instant bitcoin purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

How to buy Bitcoin on Itez: step-by-step instruction

1. In order to buy bitcoin, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of BTC based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro – the starting purchase threshold starts at €30. Well, in our instructions, as promised, we will go through all the stages of purchasing BTC for dollars step by step.
2. After converting the currency to BTC, you will see the final result in the “You Get” field and on the “Buy” button. Click the button and enter your email address in the following window.
3. Verify your email with a 6-digit code sent to the previously indicated e-mail and click the “Verify” button.
4. Specify the purchase amount in the Itez dialog box. Copy the recipient address – your bitcoin wallet – from the “Accept” section.

After copying the bitcoin wallet address, paste it into the dialog box.

Check your data — it is important to make sure that the address is entered correctly.

6. After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.
7. Push the “Pay” button and enter the one-time bank code in the following window. As soon as the transaction receives 6 confirmations in the blockchain network, your bitcoin wallet balance will be top-up.

Important: the transaction will wait for confirmation time. After six network confirmations, bitcoin will be on your e-wallet; when buying with Itez it will take about 15 minutes. This is a very good speed for the Bitcoin network since transactions in the most popular blockchain network are somewhat slower than in other networks due to their properties and high load.

8. The transaction will first wait for confirmations from the blockchain network.

After six confirmations, the BTC networks will be yours for good; when buying from Itez, this will happen on average within 15 minutes.

This is a very good indicator for the Bitcoin network, since transactions are somewhat slower in the most popular blockchain network than in other networks, due to its design features and high workload.

How to store bitcoin

One of the most important features of BTC is decentralization. If you have a private key and a seed phrase, your digital money will be, of course, in safety. It is explained by the fact that other clients cannot make use of your bitcoin. For a full list of wallets go to bitcoin.org

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