- Buy crypto at true cost with the lowest fees
- Buy, sell, and manage 100+ cryptoassets, and track 200+ coins
- Earn up to 14.5% p.a. on interest, paid weekly. T&Cs apply
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Buying Bitcoin with a credit card is not only a simple and convenient way to purchase cryptocurrency, it's also easier than ever before.
But how and where do you buy Bitcoin with a credit or debit card, and are there any traps you should avoid? Keep reading to find out.
Most cryptocurrency platforms will allow credit card purchases for Bitcoin, providing a simple and easy way for users to buy BTC. Regardless of the platform you use, the process will be quite similar and straightforward.
The most simple way to acquire Bitcoin (BTC) with a credit card is on a cryptocurrency exchange of your choice. There are three steps for buying BTC on an exchange, and these steps are generally the same no matter which platform you pick.
1. Create an Account: Depending on the platform that you use to buy Bitcoin, you will first need to sign up for an account. If an account is required to buy Bitcoin with a credit card, you will also need to pass the platform's KYC requirements.
2. Set Up Wallet: Before purchasing Bitcoin, it is best practice to create a personal crypto wallet. Many exchanges allow you to keep digital assets on the platform; however, this is generally considered less safe. If you don't own a wallet yet, check out our list of top options.
3. Purchase with a Credit Card: : Once you've passed KYC, and have set up a personal wallet, you are now free to purchase Bitcoin with a credit card. This process is relatively simple, and similar to completing an online order on any ecommerce website.
Most interfaces have the same two inputs. The amount you want to buy, and the asset you wish to purchase. First select Bitcoin as the coin you wish to purchase. Then, enter the amount of Bitcoin or the equivalent fiat (USD, CAD, EUR, etc.) value.
If you are using a platform that requires you to send Bitcoin to a personal cryptocurrency wallet, enter your personal Bitcoin address now.
Before confirming the transaction, review all of the details and fees and make sure the order is correct. Confirm the transaction once you are happy.
That is all there is to it! If you've purchased Bitcoin from an exchange, then your BTC will immediately be present in your wallet. If you've sent your BTC to the personal wallet you've already set up, then the transaction may take a little longer.
Take a moment to review the exchange rate, fee and total cost of the transaction. If you're happy with everything, click the Buy button to complete your purchase.
There are three different types of services that allow credit card crypto purchases. Each option involves a slightly different approach and has its own pros and cons.
Cryptocurrency brokers offer a quick and easy way to buy Bitcoin and other digital currencies. They buy cryptocurrency at wholesale rates and then sell it on to you for a profit, allowing you to buy crypto using fiat currency (US dollars).
Brokers offer a simple and convenient entry point for crypto buyers, and many providers support purchases with either credit or debit cards. Most brokers only allow you to buy cryptocurrency, but some also offer sell-side services.
The main downside of buying from a broker is that they tend to charge higher fees than other crypto-buying platforms, so the speed and convenience they offer come at a cost.
These trading platforms allow you to buy and sell cryptocurrency with other users and take a cut of all transactions by imposing trading fees. Many of these websites only allow crypto-to-crypto trading, but some also allow you to exchange fiat currency for digital currency and accept credit/debit card payments. You can trade using a limit or market order, while some platforms also offer advanced tools like stop-loss orders.
Compared to brokers, crypto exchanges tend to offer better exchange rates, lower trading fees and access to a wider range of digital currencies. However, their main drawback is that they're usually a lot more complicated than buying through a broker, so anyone new to cryptocurrencies or online trading may find the process overwhelming.
These exchanges allow peer-to-peer trading between users all around the world. Sellers have the freedom to set their price and their chosen payment method, with the exchange acting as the middleman to help connect them with buyers.
Peer-to-peer exchanges generally offer fast and flexible trades, allowing you to buy crypto with a certain level of anonymity.
On the downside, using this type of platform usually means accepting a price above the market rate, as well as taking on a certain level of risk. However, some websites offer built-in escrow features and reputation systems to help legitimate buyers and sellers find one another.
Some crypto brokers and exchanges will immediately deposit the crypto you purchase into a wallet linked to their platform. Others will automatically transfer your crypto into a wallet address of your choice, so you'll need to have a secure, private wallet set up in advance.
Whichever option your platform uses, keep in mind that storing your coins on an exchange is not recommended for security reasons, so transfer them into your own wallet as soon as possible if you don't plan on making regular trades.Find out more about choosing and using cryptocurrency wallets.
While buying crypto with a credit or debit card is generally quick and easy, it can also be quite expensive. This is because there are several fees that can contribute to the cost of your transaction, not only from the crypto broker but also from your card issuer. These charges can include:
Want to buy crypto with your credit card or debit card but don't know which broker or exchange to use? Remember to take the following factors into account when comparing the available options:
Generally speaking, it's perfectly safe to buy cryptocurrency with a credit card — provided you buy from a trusted and reputable exchange or broker.
Make sure you thoroughly research the credentials of any platform before trusting it with your card information, because if you don't feel comfortable giving a provider your credit card details, you shouldn't feel comfortable buying cryptocurrency from them either.
So how can you find a suitable exchange and minimize the risks involved in paying for crypto with plastic? The tips below will help you stay safe and avoid getting ripped off.
If you want to buy Bitcoin or any other crypto with a credit card or debit card, start comparing the fees and features of the brokers and exchanges that offer this service. Once you've found the platform that's right for you, visit its website and follow the prompts to get started.
Read our expert analysis on Kusama and how the token will perform in the future.
This guide provides step-by-step instructions on how to buy The Sandbox, lists some exchanges where you can get it and provides daily price data on SAND.
This guide explores the different ways of buying Shiba Inu on a cryptocurrency exchange as well as where you should store your cryptocurrency.
This guide provides step-by-step instructions on how to buy Baby Doge Coin, lists some exchanges where you can get it and provides daily price data on BABYDOGE.
This guide provides step-by-step instructions on how to buy Pendle, lists some exchanges where you can get it and provides daily price data on PENDLE.
This guide provides step-by-step instructions on how to buy Hempcoin, lists some exchanges where you can get it and provides daily price data on THC.
This guide provides step-by-step instructions on how to buy The ChampCoin, lists some exchanges where you can get it and provides daily price data on TCC.
This guide provides step-by-step instructions on how to buy GreenTrust, lists some exchanges where you can get it and provides daily price data on GNT.
This guide provides step-by-step instructions on how to buy FUNToken, lists some exchanges where you can get it and provides daily price data on FUN.
This guide provides step-by-step instructions on how to buy SmartCash, lists some exchanges where you can get it and provides daily price data on SMART.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.