Buying bitcoin with a debit card

In supported U.S. states and many countries around the world, Casa customers can purchase bitcoin (BTC) using a debit card via Apple Pay.

Purchasing BTC using a debit card is available for iPhone users only, in select U.S. states and internationally. To see a list of supported jurisdictions, please see Supported regions for buying bitcoin.

Limits

If you are in the United States and are in a supported state, you can purchase up to:

  • $500 worth of BTC per week
  • $5,000 per year

There is a $20 minimum order size.

If you are in a supported country outside the United States, you can purchase up to:

  • $1,000 worth of BTC per week
  • $7,500 worth of BTC per year

We plan to increase these limits over time.

Fees

There are two types of fees associated with every purchase: 

  1. Processing fee - There is a flat processing fee of $0.30 per transaction, plus 2.9% of the total amount purchased, for U.S. orders. Outside the U.S., there is the flat fee of $0.30, plus 3.9% of the total.
  2. Mining fee - And because the bitcoin you purchase is sent straight to your Casa wallet, there's also a mining fee. Bitcoin mining fees go directly to individuals and organizations securing the bitcoin network as miners, and vary depending on network activity.

Note that neither of these fees go to Casa! We're offering this feature free for the safety and convenience of our customers, and are not adding additional fees. 

Here's an example of how processing fees might apply to a purchase within the U.S.:

  • Purchasing $50 worth of bitcoin: $0.30 + $1.45 for a total of $1.75 in fees (not including mining fee)
  • Purchasing $250 worth of bitcoin: $0.30 + $7.25 for a total of $7.55 in fees (not including mining fee)

Getting started

For iPhone, we've integrated with Apple Pay for the smoothest and safest buying experience possible with Casa App.

Android users are not able to purchase using a debit card at this time, but most U.S.-based Android customers still make purchases via a linked bank account (ACH)

Setting up Apple Pay (for iPhone)

The first time you make a bitcoin purchase, you may be prompted to add a card or other info to your Apple Wallet:

  1. Debit card - If you haven't set up Apple Pay with a debit card, you'll be prompted to add one. Right now, bitcoin purchases are with debit card only; credit cards are not supported.
  2. Address and mobile phone - If you haven't added an address or phone to your Apple Pay account, you'll need to add one. This info is required for processing by Wyre, our purchase partner, and is never stored on Casa servers. For more details, see our FAQ below (What personal info is required?). 

Making your first bitcoin purchase with a debit card

  1. Tap the "Buy" icon in the bottom nav bar in your Casa App, where you can also monitor bitcoin price activity.
  2. Tap "Buy Bitcoin" when you're ready to make your purchase.
  3. Enter the amount you'd like to purchase, denominated in USD. On this screen, you can also select the "Destination" you'd like your coins sent to (Wallet, Basic Multisig, or Key Shield).
  4. Tap "Preview Purchase" to review your order.
  5. Tap " Pay" when you're ready to complete your purchase!

If your order is successful, you'll get a notification: "Your bitcoin order was placed."  Your coins will arrive in your Casa wallet anywhere from a couple seconds to several minutes later (depending on volume and network activity).

After your order has been sent, you can tap the 🕗 Bitcoin Purchases icon to follow its progress. 

What personal info is required?

We’ve worked to keep information intake as minimal as possible, for both convenience and safety.

All that's required is: card information, full name, email, phone number, and address.

This is collected and verified through Apple Pay and processed by our purchase partner Wyre. No personal data passes through Casa servers or is stored by Casa at any point in the process. 

A note for our privacy-conscious and/or pseudonymous clients:

  • This feature is 100% opt-in. If you decide not to use the Buy BTC feature, you can still use Casa like normal. You will never be prompted to provide personal info.
  • The existence of this feature for customers who do opt in has zero impact on existing or future pseudonymous clients. All existing KYC-free features are preserved.
  • This feature in no way changes Casa's regulatory model

Check out this video tutorial of the process of purchasing in Casa App via an Apple Pay debit card for a detailed walkthrough:

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