Since we used a debit card, we will receive our Bitcoin instantly! Can I buy bitcoin with a pre-paid debit card? Electrum, CoPay, Bitcoin Core, etc. Bitpanda requires an ID upon sign up, making it not a great choice for those concerned with privacy. Although its fees are higher than Coinbase, they have instant delivery and higher purchasing limits. You can transfer Bitcoin and use them for purchases at some rare stores on and offline.