Guide: Buy Cryptocurrencies with Credit or Debit Card — CoinGate Blog

Buying bitcoins via credit and debit cards is one of the most popular and convenient ways to purchase Bitcoin.

Convenience can come at a price, as most cryptocurrency exchanges will charge around 4% for card purchases. If delivery speed isn’t a factor, consider using a bank account to save on fees.

Here are some of the best exchanges we recommend that allow for purchasing of Bitcoin with a credit card.

After reading about each exchange and you’ll be able to decide which one is the best for you.

Then, once you’ve decided which exchange to use look towards the bottom of this page for step by step guides on using each exchange.

Coinbase (review) is one of the most reputable Bitcoin exchanges in the world.

Chase, Bank of America and Lloyds Banking Group are the latest to bar credit card purchases of bitcoin. Capital One and Discover already ban buying cryptocurrency with their cards.

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Bank of America, Chase and Citigroup in the United States, Lloyds Banking Group and Virgin Money in the United Kingdom, and TD Bank in Canada barred cardholders from purchasing cryptocurrencies with their credit cards early in 2018. Capital One and Discover already ban cryptocurrency purchases.

Bank of America and Citigroup announced their actions Feb. Chase started banning cardholders from buying bitcoin and the like on Feb. Lloyds announced on Feb.

Binance, the world’s largest crypto exchange based on trading volume, will now let you spend money you don’t have after it added support for credit cards from Visa and Mastercard.

Credit card usage in crypto is controversial. Aside from the risk — ask anyone who bought crypto last year… — top exchanges have gone back and forth on support.

CoinSwitch provides an easier way to buy Bitcoin with credit card (Master/VISA) anywhere in the
world at the best available rates.

Luckily, companies like Coinbase (USA, Canada, Europe & UK) and CoinMama (worldwide) have made the process smooth and fast.

Below, we’ve listed 5 proven exchanges for buying bitcoins with your credit card.

You’ll need a Bitcoin wallet before you buy since some exchanges require one.

We suggest using the exchanges listed below or doing research before buying from any exchange.

We’ve put together the complete guide on how to convert PayPal to bitcoin.

It’s not super simple, but yes it really works and is the best way to buy bitcoin with PayPal today.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply trying to steal your passwords and personal information!

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

VirWoX primarily serves as a market for Second Life Lindens, a currency used in the virtual world, Second Life.

Although you cannot buy bitcoins with PayPal directly through VirWoX, it is possible to buy Second Life Lindens (SLL) and then sell these for bitcoins.

We may receive compensation when you use VirWoX.

This page lists companies that will let you buy bitcoins with a bank account or bank transfer. Some countries offer specific transfer types, like SEPA transfer or ACH transfer (USA).

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

Coinbase is the world’s largest bitcoin broker. In the United States you can buy bitcoin with a connected bank account via ACH bank transfer.

In Europe you can buy with your bank account via SEPA transfer.

Purchases made with ACH take 5 days for the coins to be delivered, while SEPA purchases take less than two days.

Coinbase charges a flat 1.49% fee on all transactions.

Americans may add a Visa or Mastercard credit card to as a backup to unlock instant payments via bank transfer.

We may receive compensation when you use Coinbase.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

The US is home to most of the world’s largest Bitcoin companies, so it’s no surprise that it’s easy to buy bitcoins in the United States using nearly any payment method: cash, credit card, or bank transfer.

Coinbase is probably the fastest and easiest way to buy bitcoins in the USA. If you need bitcoins fast, then buying with a debit card is a good option. Coinbase charges 3.99% fees for debit card purchases but you can get your coins instantly. Another payment option for US customers is using a connected bank account. The fees are less for this method—1.49%—but your coins are only delivered after five days. Get $10 of free bitcoin when you buy more than $100 worth through this link.

We may receive compensation when you use Bitpanda.

This post contains affiliate links.

Disclosure.

Bitpanda supports all European countries.

Customers from the USA cannot use Bitpanda.

Credit card is the most popular payment method on Bitpanda. This table compares Bitpanda to other popular credit card exchanges.

Please note that fees are approximate and may vary based on your country or purchase size.

Bitpanda has very low privacy since you must submit your ID before you can buy.

Bitpanda offers different levels of verification based on how much information you give them.

Verified Email: With a verified email you cannot buy bitcoins, but can sell up to 1,000 EUR worth of bitcoins per day, and up to 7,500 EUR per month.

Verified Phone Number: With a verified mobile phone number you can buy bitcoins with any payment methods besides credit card.

Buying bitcoins via credit and debit cards is one of the most popular and convenient ways to purchase Bitcoin.

Convenience can come at a price, as most cryptocurrency exchanges will charge around 4% for card purchases. If delivery speed isn’t a factor, consider using a bank account to save on fees.

Here are some of the best exchanges we recommend that allow for purchasing of Bitcoin with a credit card.

After reading about each exchange and you’ll be able to decide which one is the best for you.

Then, once you’ve decided which exchange to use look towards the bottom of this page for step by step guides on using each exchange.

Coinbase (review) is one of the most reputable Bitcoin exchanges in the world.

Buy the cryptocurrency you want straight with your debit or credit card.

In Lumi Wallet we believe that crypto can be easy and accessible.

We believe that everyone, regardless of their background, should be able to buy cryptocurrency online without thinking twice about the process.

Therefore, if you have any crypto-related doubts or questions, read our simple manual on how to buy any cryptocurrency for beginners and learn the basics step by step.

Not sure where to buy cryptocurrency using only your mobile phone? Get yourself a Lumi Wallet app and buy crypto safely on your iOS and Android devices!

Download the app for iOS or Android. Then create a PIN code and don’t forget to write down your mnemonic phrase. Your mnemonic is the only way you can restore your mobile wallet, so take this measure seriously. To do this, go to ‘Settings’ and tap on ‘Backup wallet’.

Reports of people making money through cryptocurrencies have many people wanting to get their own piece of the potential. To purchase cryptocurrency, you’ll have to use an exchange — which is essentially a website where you can trade one currency for another currency.

For example, you would use an exchange to trade U.S.

dollars for Bitcoin, Ripple, or another cryptocurrency that you’re interested in purchasing. If you’ve landed on an exchange that accepts credit cards, you might consider using yours for your purchase. However, using your credit card to purchase cryptocurrency isn’t like using your credit card for a book from the bookstore.

How to buy? See our step-by-step guide!

With CoinGate, you can buy Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple and other coins using a range of payment methods. Other than credit card and debit card payments, we support EU SEPA bank transfers, direct bank transfers in Asia, mobile credit, and integrated options such as Skrill and QQpay.

CoinGate sources its prices from the largest exchanges, giving your the real-time market rate. Our pricing is transparent, without hidden fees or margins – CoinGate always displays the commission rate charged. Getting started with our platform is simple and convenient.

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This step-by-step guide walks you through the whole process of buying cryptocurrency with a credit/debit card (MasterCard or Visa). Your first purchase at buy.coingate.com will usually take up to an hour due to verification procedures.

Getting started with CoinGate takes no time.

Simply create an account, confirm your email
address and phone number, and you’re good to go. Unlike many other services these days, we take care
of our customers quickly and efficiently. Our ID verification procedure is as easy as it gets, and we’ll
approve your identity for your first purchase within 24 hours.

Once you’ve signed up, feel free to wander around the dashboard and get to know the CoinGate platform.
While waiting to get verified, you can add your Bitcoin address for future purchases immediately.
Confirm it by email and you’re set. Now, when your account is verified, go ahead and visit the buy menu,
where you can select your payment method of choice.

Making a Bitcoin purchase is quick and convenient. Select your payment method and amount you wish to buy,
denominated in fiat currency or in BTC.

Getting started with CoinGate takes no time.

Simply create an account, confirm your email
address and phone number, and you’re good to go. Unlike many other services these days, we take care
of our customers quickly and efficiently. Our ID verification procedure is as easy as it gets, and we’ll
approve your identity for your first purchase within 24 hours.

Once you’ve signed up, feel free to wander around the dashboard and get to know the CoinGate platform.
While waiting to get verified, you can add your Ethereum address for future purchases immediately.
Confirm it by email and you’re set. Now, when your account is verified, go ahead and visit the buy menu,
where you can select your payment method of choice.

Making a Ethereum purchase is quick and convenient.

Getting started with CoinGate takes no time.

Simply create an account, confirm your email
address and phone number, and you’re good to go. Unlike many other services these days, we take care
of our customers quickly and efficiently. Our ID verification procedure is as easy as it gets, and we’ll
approve your identity for your first purchase within 24 hours.

Once you’ve signed up, feel free to wander around the dashboard and get to know the CoinGate platform.
While waiting to get verified, you can add your XRP address for future purchases immediately.
Confirm it by email and you’re set. Now, when your account is verified, go ahead and visit the buy menu,
where you can select your payment method of choice.

Making a XRP purchase is quick and convenient. Select your payment method and amount you wish to buy,
denominated in fiat currency or in XRP.

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