Buy cryptocurrency card it's easier now than ever. Today, most crypto exchange offices and wallets offer an option buy bitcoin card, either directly or through a third party payment provider.
In this article, we will look at the most popular ways to buy a BTC card.
Basic description of purchasing Bitcoin using a credit card
The easiest way to buy a Bitcoin card is probably the Coinmama Stock Exchange. Here's how:
- Visit the site Coinbase and create an account.
- Choose the amount of BTC you want to buy.
- Complete KYC (Know Your Customer process)
- Enter your Bitcoin address.
- Enter the required information from your credit card.
- Coins will be sent to your wallet.
If you would like to read in more detail about other exchange offices that accept credit cards, read on:
- Binance
- Coinbase
- Cex.io
- eToro
- Bitpanda
- Coinmama
- Bitstamp
1. How to buy cryptocurrency card via Binance
Benefits
- Good reputation
- Available worldwide
Disadvantages
- Slow authentication process
- Slow customer support
Binance is a relatively young company compared to other companies on this list, however, in terms of popularity and business volumes, it has surpassed most experienced exchange offices. Whereas it was originally only a crypto exchange office, Binance now accepts card payments for the purchase of cryptocurrencies, either directly or through third parties (such as the popular payment provider Simplex).
The purchase procedure here is the same as for the above-mentioned exchange offices.
You may also be interested in: Binance Exchange Review - TOP platform for cryptocurrency trading (2022)
2. How to buy cryptocurrencies by card through Coinbase
Benefits
- User friendly interface
- Relatively low fees
- Good reputation
Disadvantages
- Not available worldwide
- Poor customer support
Coinbase is the largest Bitcoin broker in the world. It has over 73 million customers worldwide. Coinbase no longer publishes a standard credit card transaction fee, however you can check the fee before completing your purchase. The exchange office is open for more than 100 countries around the world. If you purchase Bitcoins for more than $ 100, you will receive an additional Bitcoin bonus of $ 10.
How to use Coinbase
- Create an account at Coinbase.
- Go to “Settings”, then to “Payment methods” and then click on “Add payment method”.
- Click on the “Credit / debit card” option.
- Enter your card information.
- Once the card is confirmed, you can go to the "Buy / Sell" menu and buy your bitcoins.
- Bitcoins will be sent to your Coinbase wallet.
To attach your card, you will need to verify your identity by uploading an officially issued ID.
You might be interested in: Coinbase Review - TOP Platform for Beginners (2022)
3. How to buy a Bitcoin card via CEX.IO
Benefits
- Established company
- High purchase limits
Disadvantages
- Support may be slow
- Higher exchange rates than the competition
Founded in 2013, CEX.IO is a cryptocurrency exchange office that is trusted by more than 4 million users. CEX.io works in most countries of the world, with a few exceptions. It also has support in 48 US states. The site provides a complete trading platform along with a brokerage service.
How to use CEX.io
- Open an account at CEX.IO.
- Click on "Finance", then on "Deposit" next to the desired currency.
- You will see the option to transfer money or use a credit card to purchase Bitcoins immediately.
CEX.IO also offers instant withdrawals in USD, EUR, GBP, and RUB on credit cards, meaning you can deposit and withdraw funds from your credit card once it is linked to your CEX.IO profile.
Withdrawal requests are processed automatically as soon as they are submitted, and do not require your login to any third party service. In most cases, withdrawals are processed immediately, giving you convenient and instant access to resources on your Visa or Mastercard.
4. How to buy cryptocurrencies by card through eToro
Benefits
- Low fees
- User friendly
Disadvantages
- Problematic selection of current coins
- Poor customer support
eToro provides various cryptocurrency services such as wallet, trading platform, CFD products and also a regulated exchange. On eToro you can speculate on the price of Bitcoin and use your credit card with relatively low fees. While it is possible to choose real coins, the platform is more suitable for price speculation.
EToro Statement: This ad promotes investment in virtual cryptocurrencies within the EU (from eToro Europe Ltd.), the UK (eToro UK Ltd.) and the US (from eToro USA LLC); which is highly volatile, unregulated in some EU and UK countries, without EU or UK consumer protection and without oversight of the EU or UK regulatory framework. eToro USA LLC; Investments are subject to market risk, including loss of principal.
68% accounts of retail investors lose money when trading CFDs with this provider. You should consider whether you really understand how CFDs work and whether you can afford to take such a high risk of losing money.
CFDs are not available to US customers.
Read: eToro Review - More Than Just a Broker (2022)
5. How to buy a Bitcoin card through Bitpanda
Benefits
- Several different payment methods
- Relatively low fees
Disadvantages
- Not available worldwide
Bitpanda is an Austrian startup company that was founded in October 2014. The company allows you to buy Bitcoins and other assets, including altcoins, shares and metals, using a credit card. Other payment methods include money transfer, Neteller, Skrill, SEPA and others. Bitpanda offers its services to Europe and several other countries for relatively low fees.
How to use a Bitpanda exchange office
- Visit the site Bitpanda and register
- Verify your identity
- Choose a cryptocurrency (eg Bitcoin) and click on “Buy”
- Choose payment method “Visa / Mastercard”
- Enter the quantity you want to buy
- Click on “Next step”
- Confirm your order
6. How to buy a Bitcoin card through Coinmama
Benefits
- Good support
- Respected company
- Fast service
Disadvantages
- Limited number of states in the United States
Coinmama has been specializing in Bitcoin purchases via credit card since 2013. It charges a premium fee for its services, and in return you can purchase Bitcoin worth up to $ 7,500 daily with a fully verified Coinmama account. The exchange office provides a fast and reliable service, thanks to which you will receive Bitcoins immediately after confirming your purchase. Coinmama customer support is usually very active.
Due to regulatory compliance, some countries and US states are operated by a third party, while several countries are not supported at all.
How to use Coinmama
- You have to buy it first Bitcoin wallet, because Coinmama does not provide storage for your Bitcoins.
- On Coinmama's home page choose how many Bitcoins you would like to buy. Enter the price in BTC, USD, EUR or another currency. Alternatively, you can choose one of the offered packages.
- Click on "Buy" and you will be redirected to the registration page.
- After completing the basic information, you will need to perform additional verification by presenting your photo ID. Verification is usually very fast (verification takes an average of about 1.5 hours).
- Authenticated users can purchase bitcoins very easily by credit card through a friendly interface. Visa or Mastercard are usually the fastest. With Level 3 verification, you can buy cryptocurrencies worth $ 7,500 / day and up to $ 40,000 / month.
- Confirm how many Bitcoins you want to buy.
- Enter your own Bitcoin address.
- Finally, enter your payment information and submit your order.
7. How to buy a Bitcoin card through Bitstamp
Benefits
- Great reputation
- Different payment methods
- accepts customers from most countries of the world
Disadvantages
- Average fees
- The authentication process may take a long time
- Not very user friendly
Established in 2011, Bitstamp is one of the oldest and most reputable Bitcoin exchange offices on the market. The exchange is fully licensed by the Luxembourg Ministry of Finance. Bitstamp fees for credit card purchases are 5% plus a standard business fee. Its services are open to more than 80 countries globally, including Europe and the United States, plus a selection of Asian and South American countries.
How to use Bitstamp
- Go to the deposit page and select the card purchase option from the sidebar
2. Choose which cryptocurrency you want to purchase
3. Choose the currency in which you will pay
4. Choose the amount of currency you want to buy
5. Enter your payment information from the card
6. Confirm the purchase
You will need to use a 3D Secure credit card to complete your order. Some banks may treat your credit card payment as cash in advance. In this case, your bank or credit card provider may charge additional fees.
FAQs
Does Bitcoin accept credit cards?
Most Bitcoin vending machines only accept Bitcoin payments in cash (due to billing issues). Unfortunately, payment by credit card in a Bitcoin slot machine is not yet possible.
How can I buy Bitcoins using a Visa card?
All the above-mentioned exchange offices accept Visa cards as a method of payment.
How can I purchase Bitcoin using a Discover card?
Most exchange offices accept Visa and Mastercard credit cards. However, some online reviews claim that exchange offices such as CEX.io they will also accept payment by Discover card.
In conclusion: How do I choose the right currency exchange office?
It can be difficult to decide which exchange is the best platform to buy your Bitcoins, because there are so many on the market. I recommend trying any exchange office with a low amount and switching to higher deposits only after you are thoroughly acquainted with the whole process.
Once you take the first step, you will begin to notice what you care about most at the exchange office, and you can adjust your choice accordingly.