How to Buy Bitcoin with Credit Card or Debit Card !
We can both agree on this:
Buying bitcoins with a credit card or debit card is confusing.
Today we'll show you how easy and fast it can be.
We've collected the best exchanges and listed them for you below.
Chapter 1
Introduction to Buying
Here's the deal:Buying bitcoin (BTC) with a credit or debit card used to be REALLY hard.
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.
Before we start:
You'll need a Bitcoin wallet before you buy since some exchanges require one.
Don't have a wallet?
Read our guide on the best Bitcoin wallets.
Chapter 2
Credit/Debit Card Bitcoin Exchanges
At Coinbase you can buy up to $150 or €150 of bitcoin per week instantly with a credit or debit card in:
- the United States
- Canada
- Europe
- United Kingdom
- Australia
Get $10 or €10 worth of free bitcoin when you buy more than $100 or €100 worth through this link.
A quick step-by-step guide on how to buy bitcoins with credit card on Coinbase:
- Create account. Open your account on Coinbase.
- Connect credit card. Add your credit card to your Coinbase profile
- Verify ID. Verify your ID with Coinbase.
- Buy bitcoins! Buy bitcoins using your credit card.
At Coinbase you can buy up to $150 or €150 of bitcoin per week instantly with a credit or debit card in:
- the United States
- Canada
- Europe
- United Kingdom
- Australia
Get $10 or €10 worth of free bitcoin when you buy more than $100 or €100 worth through this link.
A quick step-by-step guide on how to buy bitcoins with credit card on Coinbase:
- Create account. Open your account on Coinbase.
- Connect credit card. Add your credit card to your Coinbase profile
- Verify ID. Verify your ID with Coinbase.
- Buy bitcoins! Buy bitcoins using your credit card.
We may receive compensation when you use Coinbase. Please visit Coinbase for its exact pricing terms.
Pros
- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- "Instant Buy" option available with credit card or debit card
Cons
- Purchases made with bank transfer can take up to 5 days to complete
- Coinbase may track how and where you spend your bitcoins
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Average
Reputation
Trusted
Limits
High
Coinmama
Popular
Popular
You'll be charged a ~6% fee due to the risks and processing fees that come with credit card payments.
Coinmama offers high limits. You can buy up to:
- $5,000 worth of bitcoin per day
- $20,000 worth of bitcoins per month
Coinmama is only available in some US states; please see this page for details.
Want to buy using Coinmama? This guide will show you step-by-step how to use Coinmama.
We may receive compensation when you use Coinmama. Please visit Coinmama for its exact pricing terms.
Pros
- Works in almost all countries
- Highest limits for buying bitcoins with a credit card
- Reliable and trusted broker
Cons
- Some of the highest fees among credit/debit card bitcoin brokers
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
High
Reputation
Trusted
Limits
High
Bitpanda
Popular
Popular
Note that the fees are not displayed publically but displayed in your buy price when completing your purchase.
Our guide will show you how to buy bitcoins with a credit card on Bitpanda.
We may receive compensation when you use Bitpanda. Please visit Bitpanda for its exact pricing terms.
Pros
- Some of the lowest fees for buying bitcoins with credit/debit card
- Reliable and trusted broker
Cons
- Fees aren't shown openly on the site but instead included in the buying price
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
CEX.io is one of the oldest Bitcoin exchanges and works in the United States, Europe, and some countries in South America.
CEX.io's verification process is extensive and can take up to 30 minutes to complete.
US residents:
CEX is only available in some US states; please see this page for details.
Pros
- Support for many countries and regions
- Low 0.2% trading fee
- Established and trusted exchange
Cons
- Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
- GBP market lacks liquidity
Ease of Use
Average
Privacy
Low
Speed
Average
Fees
Average
Reputation
Trusted
Limits
Average
Chapter 3
Tutorials: Buy Bitcoin in Less than 5 Minutes
Coinbase Buying Tutorial (Credit Card/Debit Card)
Coinbase lets you buy bitcoins instantly with a credit card or debit card. Here are step-by-step instructions to help make the buying process easier for you.1. Create an Account on Coinbase
Once you create an account, confirm your personal details and login. You may be asked to upload a scan of ID. Once you’ve logged in, continue to the next step.2. Navigate to account settings
Navigate to the top right corner and click on your name. There should be a drop-down menu where you can click "Settings". Then click "Payment Methods" on the menu at the top and you should see something that looks like this:Click on "Add Payment Method" in the right corner.
3. Click "Credit/Debit Card"
4. Enter your Credit/Debit Card Information
Note that Coinbase only accepts Visa and Mastercard credit/debit cards at this time.5. Confirmation
You should see a confirmation like the one below. If so, your credit/debit card has been successfully added!6. Buy Bitcoins!
Go to the buy page and you should see a widget that looks like the image below:Enter the amount you want to buy, and click "Buy Bitcoin Instantly". Your coins will then be delivered to your Coinbase wallet!
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