In selecting the appropriate one for your use, there are factors that you have to consider such as security, convenience, practicability, control, and anonymity. However, when clients use credit cards in purchasing Bitcoin, they elude the monitoring system as credit money is usually legitimate, they then service their loans with the laundered money and the cycle continues. Please visit CEX. If you’re still a bit confused, that’s okay. To buy bitcoin with a pre-paid debit card you will have to exchange it locally using LocalBitcoins. The only difference is the device, which in this case is a desktop computer or laptop. The US banks essentially felt as people were getting a cash advance since crypto is usable instantly and is basically like cash.