10 fast ways to buy bitcoin with credit card | finder.com
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10 ways to buy bitcoin with a credit card in the US

Buying crypto with a credit card is easy once you know how to go about it.

Buying bitcoin with a credit card can be a bit trickier and more expensive than local bank transfers, but there’s no shortage of options once you know where to look.

Here are 10 bitcoin exchanges and trading services that operate in the US and beyond, and they all let you buy bitcoin with a credit card.

You can just pick your preferred one below, or read on to learn more about the differences between them and why buying cryptocurrency with a credit card can sometimes be tricky.

This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Where you can buy bitcoin with a credit card

Details Features
Coinbase Digital Currency Exchange
Coinbase Digital Currency Exchange
Buy and sell bitcoin, Ethereum, Bitcoin Cash and Litecoin on one of the world's most renowned cryptocurrency exchanges.
  • Fees: Varies by transaction
  • Supported countries: 32 countries
  • Payment methods: Bank transfer, Credit/debit card, wire
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LocalBitcoins P2P Exchange
LocalBitcoins P2P Exchange
Trade fiat currency for bitcoin in person or online with this peer-to-peer exchange offering competitive fees and wide delivery options.
  • Fees: 1% commission for each completed operation
  • Supported countries: Exchangers in 248 countries
  • Payment methods: PayPal, Credit/Debit and more
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VirWox Virtual Currency Exchange
VirWox Virtual Currency Exchange
Buy bitcoin through PayPal on one of the oldest virtual currency exchanges in the business.
  • Fees: Varies by transaction
  • Supported countries: Worldwide
  • Payment methods: PayPal, Skrill, paysafecard, uKash
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Cancoin P2P Crypto Exchange
Cancoin P2P Crypto Exchange
Buy and sell bitcoin with privacy on this multi-signature, peer-to-peer exchange that supports a wide range of payment options.
  • Fees: 1% + miner's fee (sellers only)
  • Supported countries: USA & Canada
  • Payment methods: Cash, PayPal, Western Union & more
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xCoins P2P Bitcoin Lending
xCoins P2P Bitcoin Lending
Buy bitcoin instantly with credit card, PayPal or bank account on this peer-to-peer lending platform.
  • Fees: Varies by transaction
  • Supported countries: 40+ countries
  • Payment methods: Credit card, PayPal, bank transfer
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Coinmama Bitcoin Marketplace
Coinmama Bitcoin Marketplace
Use USD/EUR to buy bitcoin and Ether with credit card or cash on the Coinmama cryptocurrency exchange.
  • Fees: 5.5% + 5% for credit card
  • Supported countries: 226 countries worldwide
  • Payment methods: Credit/debit card, cash
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Changelly Crypto-to-Crypto Exchange
Changelly Crypto-to-Crypto Exchange
Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange.
  • Exchange Bitcoin Cash & Bitcoin Gold
  • Fees: 0.5% + networking fees
  • Supported countries: Worldwide
  • Payment methods: USD, EUR, 35+ cryptos
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Indacoin Cryptocurrency Exchange
Indacoin Cryptocurrency Exchange
Use your credit or debit card to buy bitcoin and other cryptocurrency without having to verify your identity.
  • Fees: Varies by transaction
  • Supported countries: More than 100 countries
  • Payment methods: Payza, Credit/Debit cards (USD) and more
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Paxful Bitcoin Marketplace
Paxful Bitcoin Marketplace
Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.
  • Fees: Varies by transaction, and PayPal no fees
  • Supported countries: Worldwide
  • Payment methods: Western Union, PayPal and many more
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How do I choose a service?

The first step is to consider what type of service you’re looking at. The list above gives you a full spectrum of options.

What it isWhich ones accept credit card?
Peer-to-peer exchangesBuyers and sellers match one-on-one and make transfers in a way that suits. However, not all sellers will accept credit card payments, especially if you have yet to develop a good reputation on that site.
Bitcoin brokersThese bitcoin sellers can accept a range of payment options, including credit cards. It can be a quick and simple way of buying bitcoin, but not necessarily the most cost-effective.
Open exchangesLoad money into your trading account, and browse the listings for a good price. Potentially one of the most cost-effective options, but it can be hard to find a full-service exchange that accepts credit cards. You might also have relatively low limits until you can prove your creditworthiness on the exchange.

What to look for when buying bitcoin with a credit card

Each service might have its own restrictions around paying by card, which can affect how long it takes and how cost-effective it is.

In particular, you should note that bitcoin will likely count as a cash advance, with commensurately high interest rates. You’ll want to make sure you can pay off the purchase.

When comparing your options, look at:

  • Cards accepted. Like any other service, not all cards will be accepted everywhere.
  • Transfer limits. You might find yourself with low transfer limits initially, rising over time as you make more transactions. The credit card transaction limit might be different from other payment methods.
  • Credit card surcharges. You’ll often be paying a 1-2% credit card surcharge on top of any other fees and commission being charged. American law prohibits excessive credit card surcharges, but you won’t necessarily be buying under American law. Some overseas services might charge significantly more. With credit card payments in particular, it might be worth shopping around and checking the fees at different cryptocurrency services.
  • Currency exchange fees. Watch out for currency exchange fees in particular. If you’re using an American credit card on an overseas exchange, then you might be paying the credit card currency conversion rates. A 0% foreign fee credit card might be useful for cutting costs.
  • How exactly it works. Look for a process that’s in line with what you want. For example, do you need to link a card to your account, or can you just make one-off payments?

Is it easy to buy other cryptocurrencies with a credit card?

Bitcoin is the most widely offered cryptocurrency, so your options for other altcoins will be more limited.

If you want to buy Ethereum, Bitcoin Cash, Bitcoin Gold, Litecoin or any other cryptocurrency with a credit card, you might have the most success on an exchange or by simply buying bitcoin and then trading it for your altcoin of choice.

Can I buy cryptocurrencies with a debit card?

It can be hard to buy anything online with a debit card, and cryptocurrency is no exception. The easiest way to buy bitcoin with a debit card might be through an intermediary.

For example, you might pay for your money transfer with a debit card at a physical Western Union branch and then send that transfer to a service like Coinmama that can accept it.

Why aren’t credit cards more widely accepted?

There are a few reasons why more providers don’t accept credit cards. The main issue is the problem of chargebacks. Bitcoin transactions are irreversible, but credit card charges might be cancelled or reversed.

If buyers ask their card providers to reverse charges after receiving their bitcoin, it’s possible that they would be able to get their coins while cheating the sellers out of their cash.

Is buying cryptocurrency with a credit card safe?

People have been using their credit cards online for a long time now. In most cases, you can probably expect cryptocurrency services to have better security than other online merchants you give your card information to.

If you don’t feel comfortable giving a provider your credit card details, then you probably shouldn’t feel comfortable buying cryptocurrency from them either.

However, there may be privacy issues. By paying with a credit card, you’re giving up some of the anonymity that other payment options can offer.

How to store your coins

Once you’ve bought your coins, you’ll need a place to put them. This is the case regardless of whether you’re buying with a credit card or any other method.

You’ll typically want a wallet address ready to go before you make a purchase. Wallet compatibility depends on the type of cryptocurrency you’re buying.

You can compare wallets and get more information here.

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