What is Instacoin?
Instacoin is a website which allows you to purchase bitcoin with your Visa or MasterCard. It's been tried and tested by several beermoneyuk users already (including myself), and everyone seems to have had a positive experience. So thought I'd put the opportunity back out there for those still on the fence, or who might have missed it.
The site are currently running an offer where if you purchase £100 worth of bitcoin, you get £10 bitcoin extra immediately after! The whole process (including receiving your £100 back in your bank account) should take less than one hour from sign-up, as verification and the transaction itself are both very quick.
The Process
- Sign up via my ref link | non-ref
- Verify your account (driver's licence, passport or gov issued I.D)
- Click buy at the top of the dashboard and select BTC, with a purchase amount of £100
- Enter your crypto wallet address (if you need help getting set up with a crypto wallet, read my detailed guide here!)
- Pay using your Visa or MasterCard
That's it! The £100 of BTC will reach your bitcoin wallet usually within 15 minutes or so, at which point you're free to sell it to GBP (I recommend Coinbase Pro for low fees) and withdraw to your bank account.
The £10 bonus you receive in the form of a code in your email after the £100 of BTC is sent. Click the email link, enter the code, provide your wallet address again and you'll receive your £10 of BTC profit :)
Only a £1.25 fee on the BTC purchase, so a quick way to make a tidy profit. Especially if you're already set up with a bitcoin wallet. Feel free to share your own ref links in the comments, and please ask if you have any questions.
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