Yes, you can send Bitcoin with your debit card by using it to buy crypto on an exchange or service (like bitcoin.com.au) and then sending it from there, though some banks restrict crypto purchases, and you usually can't withdraw directly back to a debit card. You'll link your debit card to a platform, deposit funds, buy Bitcoin, and then send the Bitcoin to another wallet or user.
You can buy Bitcoin and crypto directly in Exodus using payment methods like credit cards, debit cards, bank transfers, PayPal, Apple Pay, and Google Pay. Below, we'll show you how to get started and what to expect during the process. Available payment methods depend on your location.
How It Works
Cash transfer services like PayPal, Venmo, or Cash App allow their users to purchase Bitcoin using the apps. You can purchase, store, send and sell Bitcoin directly through the apps, which is convenient if you're used to those interfaces.
This means that if you invested $1,000 in Bitcoin at that time, its value would now be around $945. However, if one were to invest four days earlier, on January 1, 2025 when the Bitcoin price was around $94,930, the value of one's investment would now be around $975.
5 years ago: If you invested $1,000 in Bitcoin in 2020, your investment would be worth $9,689. 10 years ago: If you invested $1,000 in Bitcoin in 2015, your investment would be worth $496,927. 15 years ago: If you invested $1,000 in Bitcoin in 2010, your investment would be worth about $1.62 billion.
On May 22, 2010, known now as "Bitcoin Pizza Day." Laszlo Hanyecz, a programmer from Florida, made history by using Bitcoin to purchase two pizzas from Papa John's. Hanyecz paid 10,000 Bitcoins for the pizzas, an amount that was worth about $41 at the time.
Self-custody wallets like the BitPay Wallet app enable quick Bitcoin sales to your bank account, debit card, or PayPal account. Centralized exchanges such as Coinbase or Kraken provide secure trading options, and Bitcoin ATMs or peer-to-peer sales offer some flexibility.
If you're holding crypto, there's no immediate gain or loss, so the crypto is not taxed. Tax is only incurred when you sell the asset, and you subsequently receive either cash or units of another cryptocurrency: At this point, you have “realized” the gains, and you have a taxable event.
It's better to use a debit card for crypto purchases than it is to buy the digital assets with a credit card. Debit cards have much lower transaction fees, meaning that your crypto position doesn't have to go up as much just to break even.
Speed Wallet is one of the fastest-growing and highly rated Bitcoin wallet. It is highly secure and offers instant Bitcoin transactions at low cost.
British bank Standard Chartered projects that Bitcoin's price will reach $500,000 in 2030. Multiple prominent figures, including Coinbase CEO Brian Armstrong and Block CEO Jack Dorsey, have expressed their belief that it could reach $1 million or more.
In July 2022, Tesla quietly dumped roughly 75% of its Bitcoin holdings, worth about $936 million, during a period of macroeconomic uncertainty and market stress.
How Much Crypto Should a Beginner Buy. There's no universal number, but most financial educators suggest keeping crypto between 1% and 5% of your investable assets. For example, if you can safely invest $2,000 total, your crypto portion might be just $20–$100.
If you had purchased $20 in Bitcoin in 2009, you would have bought around 20,000 Bitcoins. Based on today's value, those 20,000 Bitcoin would be valued at nearly $2 Billion.
Despite extreme volatility, Bitcoin's price has skyrocketed 1,060% in the past five years as I write this. This monster gain would've turned a $10,000 initial capital outlay in October 2020 to a whopping $115,700 on Oct. 6.
Bitcoin launched in 2009 with a value of US$0. It was largely mined for its tokens (BTC) on the Bitcoin network for miners to obtain their share of the tokens. However, BTC would go on to hit the US$100 mark just four years later. In 2021, BTC hit an all-time high price of US$68,789.63.
Standard Chartered's Geoff Kendrick revises his year-end Bitcoin forecast to $100,000 from $200,000 by late 2025. Kendrick maintains a long-term Bitcoin forecast of $500,000, now expected by 2030 instead of 2028.
Learn about the Risk of Crypto Assets
Limited Supply: Bitcoin's maximum supply is 21 million coins, and as of October 2025, more than 19 million have been mined. Remaining bitcoins: There are approximately 1.5 million bitcoins left to be mined. Impact on Value: Knowing this matters because it affects Bitcoin's value and future price.