{"id":10766,"date":"2019-04-04T09:05:00","date_gmt":"2019-04-04T09:05:00","guid":{"rendered":"https:\/\/coinpoker.com\/?post_type=help&#038;p=10766"},"modified":"2024-12-17T04:01:05","modified_gmt":"2024-12-17T04:01:05","slug":"faq-credit-card-coinpoker","status":"publish","type":"help","link":"https:\/\/coinpoker.com\/help\/faq-credit-card-coinpoker\/","title":{"rendered":"New to Crypto? How to Use CoinPoker with MEW and a Credit Card"},"content":{"rendered":"\n<p><strong>Dealing with cryptocurrency exchanges can be challenging if you\u2019re new to it. The following guide will walk you through the simplest and easiest method of acquiring ETH, and how you can use it to verify, deposit, and withdraw funds from your CoinPoker account without an<\/strong><strong>&nbsp;exchange<\/strong><strong>.<\/strong><\/p>\n\n\n\n<p>To complete this quickest and simplest method of acquiring ETH you will need the following handy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A wallet on MyEtherWallet (MEW)<\/li>\n\n\n\n<li>A Credit Card (VISA or MasterCard)<\/li>\n\n\n\n<li>Personal identification document (Passport or ID card)<\/li>\n<\/ul>\n\n\n\n<p>This process does not require you to complete a KYC (Know Your Customer) process. However, when making the credit card purchase you will be asked to provide identification. We will explain the details of this later on.<\/p>\n\n\n\n<p><strong>NOTE: You only need ETH to verify your wallet, and can now use it to make transfers to and from Coinpoker.<\/strong><\/p>\n\n\n\n<p>Below you\u2019ll see the cryptocurrency options for different transactions on CoinPoker, and note that you can complete all actions using ETH tokens. Note that while you can play and sit at tables before verifying your wallet, you won\u2019t be able to move funds in or out of the account.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Wallet Verification<\/strong>: ETH [<a href=\"https:\/\/coinpoker.com\/help\/how-to-join-coinpoker\/\">Learn more about getting started on CoinPoker<\/a>]<\/li>\n\n\n\n<li><strong>Withdrawals<\/strong>: ETH&nbsp;<em>or<\/em>&nbsp;CHP [<a href=\"https:\/\/coinpoker.com\/help\/eth-withdrawals\/\">Learn more about ETH withdrawals<\/a>]<\/li>\n\n\n\n<li><strong>Deposits<\/strong>: ETH&nbsp;<em>or<\/em>&nbsp;CHP [<a href=\"https:\/\/coinpoker.com\/new-eth-to-chp-app-feature\/\">Learn more about ETH to CHP deposits<\/a>]<\/li>\n<\/ul>\n\n\n\n<p>If you prefer, you can still use\u00a0<strong>any cryptocurrency exchange<\/strong>\u00a0to buy ETH, or get CHP from any of the exchanges listed on our homepage.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to Use Your Credit Card to Get ETH on MEW<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 1: Create a Wallet on MEW<\/strong><\/h3>\n\n\n\n<p>Create a MEW wallet If you don\u2019t have one yet. The process requires no KYC and takes just a couple of minutes to complete. If you are having trouble you can find a thorough guide to the entire process on their website&nbsp;<a href=\"https:\/\/kb.myetherwallet.com\/getting-started\/creating-a-new-wallet-on-myetherwallet.html\"><strong>here<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>WARNING: Beware of phishing scams!<\/strong><\/p>\n\n\n\n<p>Always double or triple check the URL when navigating to MEW. It should exactly as in the image below, with a padlock icon next to it. Be extra wary of small spelling errors that may be easy to miss.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/coinpoker.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-01-at-14.20.02.png\" alt=\"how to buy crypto with a credit card\" class=\"wp-image-1811\"\/><\/figure>\n\n\n\n<p>As soon as you have your wallet ready you can continue to step 2.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 2: Use Simplex to Purchase ETH with Your Credit Card<\/strong><\/h3>\n\n\n\n<p>Access your wallet and navigate to the&nbsp;<strong>Swap&nbsp;<\/strong>section. At first, you might notice that the Simplex option is not available. You will need to select a fiat currency under&nbsp;<strong>From<\/strong>&nbsp;and ETH or BTC under&nbsp;<strong>To<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/coinpoker.com\/wp-content\/uploads\/2019\/04\/COINPOKER-BLOG-1.png\" alt=\"How to Use CoinPoker with a Credit Card\" class=\"wp-image-1812\"\/><\/figure>\n\n\n\n<p>Next, you would need to confirm your purchase. Bear in mind that Simplex charges a&nbsp;<strong>5% service charge<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/coinpoker.com\/wp-content\/uploads\/2019\/04\/Screenshot-2019-04-01-at-14.23.55.png\" alt=\"Withdraw crypto to credit card\" class=\"wp-image-1813\"\/><\/figure>\n\n\n\n<p>You will be asked to enter your full name, billing address, and credit card details in Steps 1 and 2. Note that the verification document requirements (Step 3 of the purchasing process) are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It is a valid&nbsp;<strong>government issued ID<\/strong><\/li>\n\n\n\n<li>It contains an&nbsp;<strong>expiry date<\/strong><\/li>\n\n\n\n<li>It contains your<strong>&nbsp;date of birth<\/strong><\/li>\n\n\n\n<li>It contains your&nbsp;<strong>name<\/strong><\/li>\n\n\n\n<li>Document and the picture should be&nbsp;<strong>in color<\/strong><\/li>\n\n\n\n<li>The picture should be in<strong>&nbsp;high quality<\/strong>: make sure the photo is&nbsp;<strong>not blurry<\/strong>&nbsp;and the&nbsp;<strong>lighting is bright<\/strong>&nbsp;enough<\/li>\n\n\n\n<li>All&nbsp;<strong>4 corners of the document should be visible<\/strong>, for example- when you open your passport you will have 2 pages in front of you.&nbsp;<strong>Both pages should appear<\/strong>&nbsp;in the photo<\/li>\n\n\n\n<li>It has to be in&nbsp;<strong>English<\/strong><\/li>\n\n\n\n<li>The photo should be in&nbsp;<strong>JPG format.<\/strong>&nbsp;PDF will not be accepted<\/li>\n\n\n\n<li>The files must be<strong>&nbsp;smaller than 4 MB<\/strong>&nbsp;each<\/li>\n<\/ul>\n\n\n\n<p>Processing times are usually immediate, and according to Simplex the breakdown is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Up to&nbsp;<strong>1 hour&nbsp;<\/strong>to verify your documents<\/li>\n\n\n\n<li>Up to&nbsp;<strong>4 hours<\/strong>&nbsp;to process your transaction<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 3: Verify Your CoinPoker Account and Play<\/strong><\/h3>\n\n\n\n<p>Once your ETH purchase is processed and in your MEW wallet, it\u2019s time to hit the tables. If you don\u2019t have CoinPoker setup yet, now is the time to do it.&nbsp;<a href=\"https:\/\/coinpoker.com\/help\/how-to-join-coinpoker\/\">Here is a quick guide to get you started.<\/a><\/p>\n\n\n\n<p>Once your MEW wallet is verified on CoinPoker (this means linking it to your CoinPoker account so we know where to send and take out funds) you will be able to deposit and withdraw funds in ETH.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 4: Withdraw ETH to Your Credit Card from MEW<\/strong><\/h3>\n\n\n\n<p>Whenever you\u2019re ready to cash out, use CoinPoker\u2019s&nbsp;<a href=\"http:\/\/x\/\">ETH Withdrawals<\/a>&nbsp;feature to return funds back to your verified MEW wallet. Once you do, you\u2019ll be able to get it transferred back to your credit card in fiat currency in just a couple of easy steps!<\/p>\n\n\n\n<p>Using&nbsp;<strong>Bity<\/strong>, MEW\u2019s&nbsp;<strong>Exit-to-Fiat&nbsp;<\/strong>feature allows wallet holders to convert and withdraw selected cryptocurrencies to fiat and send them to their credit cards. Below are the quick facts you need to know about this feature:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Available if you have an account with an&nbsp;<strong>IBAN<\/strong>&nbsp;(International Bank Account Number)<\/li>\n\n\n\n<li>Cryptocurrencies you can exchange are&nbsp;<strong>BTC<\/strong>&nbsp;and&nbsp;<strong>ETH<\/strong><\/li>\n\n\n\n<li>Fiat currencies you can exchange them to are<strong>&nbsp;Swiss Francs<\/strong>&nbsp;and&nbsp;<strong>Euros<\/strong><\/li>\n\n\n\n<li>Withdrawal limit without KYC approximately<strong>&nbsp;$5,000<\/strong><\/li>\n\n\n\n<li>Processing time is approximately&nbsp;<strong>1 working day&nbsp;<\/strong>(for SEPA transfers)<\/li>\n\n\n\n<li>The service fee for using this feature is&nbsp;<strong>0.25 EUR + 0.9%<\/strong>&nbsp;(for SEPA transfers)<\/li>\n<\/ul>\n\n\n\n<p>For more information about how to use this feature&nbsp;<a href=\"https:\/\/medium.com\/myetherwallet\/mew-introduces-first-kyc-less-crypto-exit-to-fiat-gateway-powered-by-bity-a24b6aa3e3c4\">check out MEW\u2019s Exit-to-Fiat guide<\/a>. If you have any CoinPoker related questions feel free to get in touch with our support team on&nbsp;<a href=\"https:\/\/t.me\/officialcoinpoker\">Telegram<\/a>&nbsp;or by sending an email to&nbsp;support@coinpoker.com.<\/p>\n","protected":false},"featured_media":157197,"template":"","topic-category":[197],"class_list":["post-10766","help","type-help","status-publish","has-post-thumbnail","hentry","topic-category-deposit-and-withdrawal"],"acf":[],"_links":{"self":[{"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/help\/10766"}],"collection":[{"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/help"}],"about":[{"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/types\/help"}],"version-history":[{"count":1,"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/help\/10766\/revisions"}],"predecessor-version":[{"id":97922,"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/help\/10766\/revisions\/97922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/media\/157197"}],"wp:attachment":[{"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/media?parent=10766"}],"wp:term":[{"taxonomy":"topic-category","embeddable":true,"href":"https:\/\/coinpoker.com\/wp-json\/wp\/v2\/topic-category?post=10766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}