One of the most popular and convenient ways to purchase bitcoin cryptocurrency is to buy bitcoins with a credit card. Don’t fall for the services that advertise this as an easy and quick process! There are almost no services that offer you to buy bitcoins with a credit card instantly without verification. That is why most of the hassle comes with the verification process.
Buy Bitcoins With Credit Card at Cex.io
Trading platform Cex.io has one of the best services to buy bitcoin currency via credit and debit cards. They accept Visa and Mastercard currently. Deposits are available almost in all countries. You can use your ordinary VISA/MasterCard in USD, EUR, or your local currency.
You need to pass several verification steps to verify your account before you can buy any cryptocurrency. Getting checked is not an easy and quick process. But if you are planning to purchase currency more often, the hassle is worth it. Once you buy your coins, you will find them immediately in your account! Fees for credit card deposits in USD and EUR have been lowered to 2.99% recently. This is probably the most cost-effective service at the moment!
Buy Bitcoins With Credit Card at Coinbase
Coinbase is one of the most popular bitcoin wallets at the moment. It allows users to purchase bitcoin by directly transferring money from a bank account and this is a standard option. The exchange also supports secure credit and debit cards to buy bitcoin with credit card instantly. Well, not exactly as in most cases, photo ID verification is required before adding a card. There is a 3.99% fee for this service.
At this time Visa, Mastercard and Maestro cards with 3D Secure authentication support may be added to a Coinbase account. Currently, 33 countries are supported, including the US, Canada, Australia, European Union countries and Singapore. If you buy more than $100 worth of bitcoin through this link, you’ll get $10 of free bitcoin.
They support both, credit and debit cards. However, they encourage customers to switch to a debit card or link a bank account instead. The reason is that some card issuers are blocking digital currency purchases with existing credit cards.
Buy Bitcoins With Credit Card at Binance
Binance just announced its credit card support for cryptocurrencies through the new partnership with Simplex. Currently, this is the biggest trading platform in terms of trading volume in the world with high liquidity and many trading pairs.
As part of Binance’s larger mission to increase the adoption and mainstream accessibility of crypto, Binance users are now able to use Visa and MasterCard to buy BTC, ETH, LTC, and XRP, and start trading on the platform within minutes. The daily limit is 20k USD per user (get better price and 50% lower commission with this link).
Benefits of using a debit or credit card on Binance. It is fast: average 10-30 mins for cryptocurrency to reach your wallet. It is convenient: Visa and MasterCard accepted. But it comes with the price though, each transaction will cost you 3.5% or 10 USD minimum.
Buy BTC and ETH using your Credit Card at Coinmama
CoinMama has a good service. This is probably the fastest way to get your bitcoins with a credit card worldwide. Coinmama accepts any credit or debit card from VISA or MasterCard (they do not accept Discover or American Express).
Verification is fast. After submitting your details for verification, they will quickly go over it and make sure everything looks good. The check usually happens within the hour. They have good user support too. Bitcoins are sent instantly after purchase confirmation. They do not limit you to a maximum amount of bitcoins that you can buy. If you are already a verified customer, you can get your coins immediately.
The only problem is that their service comes at a high price. First, the exchange rate for bitcoins is way above the daily rate on the major trading platforms (5.9%), plus they will charge you an additional 5% fee, taken by their credit card processing provider.
Buy Bitcoins With Credit Card at Bitstamp
Bitstamp is one of the first licensed cryptocurrency exchanges. Users in most of countries worldwide can buy bitcoin using their credit and debit cards (a few months ago this service was available only for users located in the EU.
To finish your order, you have to use the 3D Secure card. If your credit card is not yet 3D Secure, please contact your bank first. Also, they warn users that some banks may consider your credit card deposit as a cash advance. If that is the case, your bank or card provider may charge extra fees.
They support buying bitcoin with both Visa and Mastercard. After verifying your credit card and account, you can instantly buy up to 1500 EUR worth of bitcoins per day. Bitstamp is highly respected and reliable exchange and trading platform with low transaction fees. However, credit and debit cards deposit fee is a whopping 5% of the purchased amount.
Buy Bitcoins With Credit Card at Uphold
If you’re based in Europe or the United States and want to use a credit card to buy bitcoin, you can easily add funds to your Uphold account. Uphold is a full financial platform for moving, converting, transacting and holding any form of money or commodity. You can also buy gold and some other digital currencies here.
Before you begin with credit/debit card deposit, please make sure you are a verified member. In most cases, verification is complete within minutes. If using a debit/credit card or China Union Pay to fund your account, a fee of 3.99% applies just for a deposit. Add another 1.05% to convert your funds to bitcoin.
How to buy bitcoin with credit card anonymously?
To buy bitcoin with credit card without verification is almost impossible. Since your normal credit or debit card is already tied to your identity, we have a better idea to keep your anonymity. Buy a prepaid debit card at your local store and find a trade partner on LocalBitcoins. It is a marketplace to buy bitcoins from other people. You can browse through listings until you find someone willing to make a trade without the need for personal details. The same goes for gift cards.
Buy Bitcoins With American Express Credit Card
If you own American Express, the only possibility to buy bitcoins is a digital wallet Abra. Abra is a bitcoin-based digital wallet app that lives on your smartphone. It has recently partnered with American Express and announced their months-long integration process. The partnership introduces a new digital money transfer application that allows Abra users to buy Bitcoins using their American Express Card.
Those who have American Express purchase option in their app can buy up to $200 of bitcoin a day and $1,000 of bitcoin a month. The fee is 4%. Holders of American Express US consumer cards, American Express reloadable prepaid cards, Bluebird, American Express Serve, and American Express-branded cards can also purchase bitcoins with this application.
Some providers somehow did not make to the list above. Either they provide the buying process in some local currency or they use some workaround through some other provider. There may be other reasons why we did not include them. But in some way they still offer to buy bitcoins with credit cards service, so please check them if you think they can be useful to you. Currently are on this list:
- Wirex users from EU can top up their accounts with by credit/debit card. Wirex also provides contactless crypto debit cards.
- Coingate users are able to purchase from $50 to up to $20,000 in cryptocurrencies per day; payments are done via Simplex, meaning high fees.
- Exmo – deposit funds in dollars, euros, and Polish zloty via Visa/Mastercard. 6%+ fee, verification required.
- Changelly – Visa and MasterCard are accepted here; payments are done via Simplex. High fees: min 10%.
- CoinCorner – buy bitcoin with EUR or GBP, no US$ option.
- Cryptonit – verified users only, EUR deposits only, 4.5% fee (min 5 EUR).
- Paybis – buy bitcoin with Visa/MasterCard in a few minutes.
- BitPanda – buy bitcoins with credit card in Europe. Only 1.5% fee + hidden fees in bitcoin price.
- Please also check other options to buy bitcoins.
- If you use PayPal, you know that it gets loaded through credit and debit cards. You can use any of PayPal to bitcoin listed services to buy bitcoins with credit/debit card. The same applies to Skrill and Neteller.
- Indirectly, you can purchase cloud mining facilities with a credit card and in time you will receive bitcoins (with some extra profit or loss too).