Complete Guide to Buying Bitcoin with a Credit/Debit Card

Learn how to easily buy bitcoins with your credit card from anywhere in the world.

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Buying Bitcoin with your credit card is the quickest and easiest way to buy bitcoins online.

Purchasing Bitcoin with a credit or debit card is instant, unlike other payment methods, which can take up to 5 days.

Continue reading our beginner’s guide to learn how and where to buy Bitcoin with your credit or debit card online.

From experience, we know that buying Bitcoin can seem complicated at first. We created this guide to make buying bitcoins with your credit or debit card quick and simple for everyone!

CHAPTER 1

Overview of Buying Bitcoin With a Credit or Debit Card

Buying Bitcoin online with a credit card is quick, convenient and secure.

You can buy bitcoins from Bitcoin exchanges like CEX.IO and Coinbase using a credit or bank card. Bitcoin exchanges are suitable for new and experienced users.

While certain Bitcoin exchanges like Coinmama and Changelly require you to have a Bitcoin wallet, most Bitcoin and cryptocurrency exchanges offer all-in-one solutions.

Best exchanges to buy bitcoins with a credit/debit card:

Buy Bitcoin With a Credit Card Here: 
#1 RatedGlobalVISIT
PopularGlobalVISIT
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Since the majority of bitcoins are purchased online, it’s not surprising that credit card and debit cards are a popular way to buy.

Advantages of buying Bitcoin with a credit/debit cards

 Easiest way to buy bitcoins online

 Instant delivery of coins

 Secure and trusted

Disadvantages of buying Bitcoin with a credit/debit cards

 Medium to high fees

 Requires ID verification

 May require wallet

GET A WALLET!

You will need a wallet before buying with a credit/debit card or using a Bitcoin ATM.

Don’t have a wallet yet? Quickly find the perfect Bitcoin wallet for you.

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CHAPTER 2

How to Buy Bitcoin Using a Credit/Debit Card

Buying bitcoins with a credit/bank card is very easy. While most exchanges offer Bitcoin wallets for free, some require you to have your own wallet beforehand.

The following section explains how to buy bitcoins online using a credit/bank card with and without a wallet.

Exchange + wallet – instant purchase (5 – 10 mins) Recommended

Buying Bitcoin using your credit or debit card without a Bitcoin wallet is the fastest and easiest way to purchase bitcoins online.

  1. Register to a Bitcoin exchange like CEX.IO or Coinbase (1-3 mins.)
  2. Input your card information and verify your identity (3-5 mins.)
  3. Purchase Bitcoin using your credit/debit card (1-2 mins.)

Exchange – wallet required, instant purchase (5 – 35 mins)

Buying Bitcoin using your credit or debit card may require you to have a Bitcoin wallet. This method is best for those that want full control over their funds.

  1. Visit an exchange like Coinmama or Changelly
  2. Select how much Bitcoin you want to buy (1 min.)
  3. Specify your Bitcoin receive/deposit address (1 min.)
  4. Input your card information and verify your identity (1 – 3 mins.)
  5. Receive Bitcoin (5 – 30 mins.)

We strongly recommend getting an ultra-secure hardware wallet like a Trezor or a Ledger to store your Bitcoin securely.

GET A WALLET!

You will need a wallet before buying with a credit/debit card or using a Bitcoin ATM.

Don’t have a wallet yet? Quickly find the perfect Bitcoin wallet for you.


EXPERT ADVICE

Looking to buy large amounts or to trade frequently?

We recommend buying Bitcoin with a bank account to save time and fees.

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CHAPTER 3

Best Credit/Debit Card Bitcoin Exchanges

When looking to buy and sell Bitcoin with your credit card, it is important to use a trusted exchange or currency dealer. Our experts have compiled a list of the most trusted exchanges that are easy to use and have trusted reputation.

Exchanges to buy Bitcoin online with a credit or debit card

Buy Bitcoin With a Credit Card Here: 
#1 RatedGlobalVISIT
PopularGlobalVISIT
PopularGlobalVISIT
TrustedGlobalVISIT
PopularGlobalVISIT
NewGlobalVISIT

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CHAPTER 4

Credit/Debit Card Exchange Buying Guides

The following section shows you, step-by-step, how to buy bitcoins using your credit card or debit card from the most popular exchanges:

  • CEX.IO (Global) (Recommended!)
  • Coinmama (Global)
  • BitPanda (Europe)
  • Indacoin (Global

How to buy Bitcoin from CEX.IO with your credit card Visit

Step 1 – Select Buy & Sell Bitcoins

Step 2 – Select how much you wish to buy
Choose from any one of their Bitcoin packages or select an exact amount you wish to buy for.

Step 3 – Insert your card details and pay
Enter your credit card number along with you’re the cardholder’s name, card expiry date and the 3 security numbers at the back of the card.

Step 4 – Payment confirmation, receive Bitcoin

Right after your payment is confirmed and accepted, you will see your Bitcoin (BTC) balance in your CEX.IO wallet.
We strongly recommend storing your coins on a Trezor or Ledger Bitcoin wallet for ultimate security.

CEX.IO Review (9/10)

CEX.IO is one of the oldest and most reputable Bitcoin exchanges to offer Bitcoin in exchange for credit and debit card payments.

One of the most important features of CEX.IO is that they allow users to trade in USD, EUR, GBP and RUB.

Advantages of buying Bitcoin on CEX.IO with credit/debit card

 Easiest way to buy bitcoins online

 Instant delivery of coins

 Secure and trusted

 Superior global support

 Very high limits

 Supports alt coins

 Wallet provided

 Alts available

Disadvantages of buying Bitcoin on CEX.IO with credit/debit card

 Medium to high fees

 Requires ID verification

 No control over private keys

 


Buying Bitcoin from Coinmama with Your Credit Card VISIT

Step 1 – Register to Coinmama

Registering to Coinmama is quick and easy. Simply

enter your email address, the password you want to be associated with your account, your name, and your country of residence.

Once you create your account, you’ll be sent an email to confirm your account.

Step 2 – Account Verification

After registering, you still need to verify your account before

you can actually buy Bitcoin. To do this, click the Account button on the top right, followed by the Verify option. You will then be taken to a menu where you enter your personal details.

After that, you must submit a scanned copy of your government ID, as well as a selfie of yourself, in order to gain level 1 access.

It usually takes a couple of hours to get level 1 verification, and as soon as you do, you’re able to buy as much as $10,000 worth of Bitcoin or Ethereum.

Step 3 – Select & Purchase Bitcoins

Once you’re ready to purchase your Bitcoin, you can choose between buying bundles or purchasing a specific amount of Bitcoin.

While purchasing bundles are quick and convenient, there doesn’t seem to be a price difference between buying a Bitcoin package and buying your own amount of Bitcoin.

Step 4 – Enter Bitcoin Receive Address

Before you can finalize your transaction, you first need to enter the address to your Bitcoin wallet. Double check your address to make sure it’s correct, click Proceed to payment and then enter your credit card details.

Step 5 – Receive your Bitcoin

After your payment is accepted, you should receive your Bitcoin within a few minutes. Receiving your coins can be delayed when the Bitcoin network is very busy.

Visit Coinmama

Coinmama Review (7/10)

Coinmama has been servicing the crypto community since 2013 and is one of the most reliable sites to buy Bitcoin with your debit and credit card. The site caters to 188 countries, including 24 of the 50 states in the USA.

Unlike other exchanges, Coinmama only allows users to buy cryptocurrency – you can’t exchange, sell, and store your bitcoins through their site.

Advantages of buying Bitcoin on Coinmama with credit/debit Card

 Easiest way to buy bitcoins online

 Instant delivery of coins

 Secure and trusted

 Superior global support

 Very high limits

 Supports alt coins

Disadvantages of buying Bitcoin on Coinmama with credit/debit card

 Medium to high fees

 Requires ID verification

 Wallet required

Visit Coinmama

 


Buying Bitcoin from BitPanda with your credit card VISIT

Step 1 – Register to BitPanda

Registering to BitPanda is free and fast. Enter your email, password and your country of residence.

Once you create your account, you’ll be sent an email to confirm your account.

Step 2 – Account verification

After registering, you still need to verify your account before you can actually buy Bitcoin. To do this, click the Account button on the top right, followed by the Verify option.

You will then be taken to a menu where you enter your personal details.

After that, you must submit a scanned copy of your government ID, as well as a selfie of yourself, in order to gain level 1 access.

It usually takes a couple of hours to get level 1 verification, and as soon as you do, you’re able to buy as much as $10,000 worth of Bitcoin or Ethereum and other cryptocurrencies and alt coins.

Step 3 – Fund your account

Once you’re ready to purchase your Bitcoin, you will need to fund your account. At this point, you will decide how much money you want to deposit.

This amount will be charged to your credit or debit card.

Step 4 – Purchase Bitcoin

Next, click on “Trade” in the top menu and then buy. You will then be able to decide how much to buy up to a maximum of your funding.

The Bitcoin will be deposited directly in your BitPanda wallet. We strongly recommend securing your coin in a Trezor or Ledger.

VISIT BITPANDA

BitPanda Review (8.5/10)

The most popular EUR/Bitcoin platform is BitPanda, an online platform where EU members can buy Bitcoin, Ethereum, and other altcoins with EUR.

Popular for Visa and MasterCard purchases, BitPanda also lets users buy their cryptocurrency through a number of different payment methods, including bank transfers, vouchers, and more.

Advantages of buying Bitcoin on BitPanda with credit/debit card

 Easiest way to buy bitcoins online in Europe

 Instant delivery of coins

 Secure and trusted

 Very high limits

 Supports alt coins

Disadvantages of buying Bitcoin on BitPanda with credit/debit card

 Medium fees

 Requires ID verification

VISIT BITPANDA


Buy bitcoins from Indacoin with your credit card VISIT

Step 1 – Select how much you wish to buy

Choose the amount of money you want to spend buying Bitcoin

Step 2 – Verify email and enter your Bitcoin wallet.

If you don’t have a Bitcoin wallet yet we strongly recommend getting a Trezor or Nano Ledger.

Step 3 – Enter your payment information

Once you’ve created your order, enter your credit card details and click the Next button.

Step 4 – Answer quick security questions

You’ll then be asked to enter some basic details, like your name and telephone number before your order is processed. This is to make sure you are not making a fraudulent payment.

Make sure to have your phone with you when you place your order. You’ll be sent a 4-digit code via text which must be entered before your transaction is complete.

Step 6 – Receive your Bitcoin

Once you’ve done that, you should receive your Bitcoin in approximately 15 minutes.

VISIT INDACOIN

Indacoin Review (7/10)

Indacoin is an exchange based out of the United Kingdom that allows you to pay USD and EUR in exchange for Bitcoin and a variety of popular altcoins.

While relatively new, Indacoin has become a popular way to use credit cards to purchase Bitcoin because it’s quick, easy, and doesn’t have an extensive registration process.

The great thing about Indiacoin is that it’s available throughout the world, allowing everyone with a credit card issued by Visa or Mastercard access to Bitcoin.

Advantages of buying Bitcoin on Indacoin with credit/debit card

 Easiest way to buy bitcoins online in Europe

 Instant delivery of coins

 Secure and trusted

 Supports alt coins

Disadvantages of buying Bitcoin on Indacoin with credit/debit card

 Medium fees

 Requires ID verification

 Low limits

Indacoin buying limits

Overall, Indacoin is a convenient way to buy Bitcoin. Its main downside is the limits, which are as follows:

  • $50 – $200 limit for first transaction.
  • Second transaction available 4 days after transaction. $200 limit.
  • Third transaction available in 7 days after first transaction. $500 limit.
  • $3000 limit after 40 days.

VISIT INDACOIN

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CHAPTER 5

Frequently Asked Questions

Is it safe to buy Bitcoin with my credit or debit card?

Purchasing bitcoins using a credit or debit card is very safe as long as you use a trusted Bitcoin exchange.
CEX.IO, Coinbase and Changelly are some of the most secure and trusted Bitcoin exchanges in the world.

Is it complicated to purchase Bitcoin with my credit or debit card?

Acquiring Bitcoins using a credit or debit card is unquestionably the fastest and easiest way to buy bitcoins online.

Buying from an exchange that requires you to have a Bitcoin wallet are a little more complicated to use and require some prior knowledge like to how send and receive Bitcoin.

How long does it take to buy Bitcoin with a credit or debit card?

From start to end, acquiring bitcoins by credit or debit card takes no more than 15 minutes when using an exchange with a wallet.

For exchanges that require you to have a wallet, it may take up to 35 minutes for the trade to complete and the funds sent to your wallet.

What are the fees when acquiring Bitcoin with a credit or bank card?

Bitcoin exchanges charge anywhere between 3.5% to over 5.0% to deposit money (deposit fee) and then another small fee when executing a trade (trading fee).

The deposit fee goes to the banks and credit card companies to service your payment.

Where do I store my Bitcoin?

Bitcoins are stored in a virtual wallet called a Bitcoin Client or Bitcoin Wallet.

Most exchanges supply its users with a wallet for convenience, although we do not recommend storing your coins on an exchange.

See our complete guide to Bitcoin wallets for more information.

Do I need a Bitcoin wallet?

Unless the exchange requires you to have a wallet to make a purchase, you do not “need” a Bitcoin wallet since exchanges provide complementary wallets.

However, we strongly recommend getting your own ultra-secure Bitcoin wallet like a Trezor or a Ledger. Learn more about Bitcoin wallets.

Where can I find my Bitcoin deposit address?

Within your Bitcoin client (wallet), go to a section called Receive, Deposit or Account to view your Bitcoin deposit addresses.
A Bitcoin address is similar to a bank account number in that you share it with other to receive payments.

Which exchange(s) do you recommend to buy bitcoins with my credit card?

Our experts recommend using CEX.IO to purchase Bitcoin with your credit or debit card.

This exchange offers some of the most competitive fees, a variety of other cryptocurrencies and a Bitcoin wallet.
Coinbase is another well respected and trusted exchange; however, they do not offer service to all US States.

If you already have a wallet or plan on getting one, Changelly or Coinmama are highly recommended.

How can I buy bitcoins anonymously with my credit or bank card?

Every exchange and individual will require some kind of identity verification in order to prevent a fraudulent credit card payment. As such, you cannot purchase Bitcoin anonymously using a credit/debit card.

RECOMMENDATION

If you’re looking to buy Bitcoin anonymously, see our Complete Guide to Buying Anonymously for reviews, buying and selling guides, tips and more.

Can I use a pre-paid debit or credit card to buy Bitcoin?

Yes. You can use your pre-paid debit and credit cards the exact same way you would for a normal bank or credit card.

Can I buy from more than one exchange using my credit/debit card?

Yes. If you have reached an exchange’s buying limit you can buy from another exchange.

Although individual exchanges impose daily, weekly and sometimes monthly purchase limits, you are not restricted to any single exchange.

As long as your credit card balance is sufficiently high, you can buy from every single exchange.

Can I sell Bitcoins to my credit card?

Yes. CEX.IO is the only exchange that allows selling Bitcoin directly to your credit card.

Can I buy other cryptocurrencies using my debit or credit card?

Yes. Nearly every exchange also offers the option to buy and trade Ethereum (ETH), BitcoinCash (BCH/BCC), Litecoin (LTC) and Ripple (XRP).

Can I buy Bitcoins at Walmart using my credit or bank card?

No. You cannot buy Bitcoin at Walmart (yet). This will likely change as adoption grows.

Is it legal to buy bitcoins with my credit card?

Yes. Although some banks in North America have reportedly banned buying Bitcoin with its credit cards, it is 100% legal to do so in countries where Bitcoin is legal.

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CHAPTER 6

Buy Bitcoin using a credit card and PayPal

Purchasing bitcoins using the credit or bank card attached your PayPal account is possible but it’s not that easy.

How to buy Bitcoin using your credit card through PayPal

Since PayPal prohibits businesses from selling Bitcoin using their services, you will need to use a peer-to-peer (local) exchange.

To buy Bitcoin using the credit card on your PayPal account:

Step 1 – Register for a local exchange like Paxful or LocalBitcoins (1-2 mins)

Step 2 Confirm your email and verify your identity (1-2 mins)

Step 3 – Find an advertisement to buy Bitcoin with PayPal (3-5 mins)

Step 4 – Open a buy trade with the seller for the amount you wish to buy

Step 5 – Send payment to or pay invoice received from the seller (3-5 mins)

Step 6 – Receive your coins after seller confirms the payment (0-15 minutes)

Best Exchanges to Buy Bitcoin using a Credit Card and PayPal

 SecurityFeesCountriesVisit
LocalBitcoins1%GlobalVISIT
Paxful1%GlobalVISIT

 

RECOMMENDATION

See our Complete Guide to Buying Bitcoin with PayPal for reviews, buying and selling guides, tips and more.

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CHAPTER 6

Bonus Chapter

If you just finished buying Bitcoin or you intend to do so shortly, it is crucial that you get a real Bitcoin Client (wallet) to secure your money and investment.

Some Bitcoin exchanges provide you with a wallet, but that’s not a real Bitcoin wallet. If the exchange gets hacked, your coins will be gone too.

Did you know?

Individuals and investors have already lost over one billion dollars from trusting exchanges with their precious Bitcoin:

  • Coincheck Hack: How to Steal $500 Million in Cryptocurrency
  • The Inside Story of Mt. Gox, Bitcoin’s $460 Million Disaster
  • Bitcoin worth $72 million stolen from Bitfinex exchange
  • Bitstamp Claims $5 Million Lost in Hot Wallet Hack

The only place to store your coins is in a Bitcoin Wallet entirely controlled and protected by you.

Best Bitcoin wallets

WalletReleasePrice ($)RatingBuy Now 
Trezor Model T2018$1759.7/10Buy
Ledger Nano S2016$1059.3/10Buy
Trezor One2013$999.2/10Buy
KeepKey2015$1298.9/10Buy

See our Complete Guide to Hardware Wallets for more information

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