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Simple ways you can buy bitcoin with a credit card in India

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

Buying bitcoin with 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 a few bitcoin exchanges and trading services that operate in India 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.

Disclaimer: 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

Name Product Deposit methods Fiat Currencies Supported Cryptocurrencies
Credit card
Debit card
Neteller
PayPal
Yandex Money
USD
BTC, BCH, DASH, ETC, ETH, LTC, XRP, MIOTA, XLM, ADA, NEO, EOS, LCC, BNB, ZCASH
Disclaimer: Highly volatile investment product. Your capital is at risk. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Copy the trades of leading cryptocurrency investors on this unique social investment platform.
Cash
Credit card
Debit card
Bank transfer (SEPA)
USD, EUR
BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP
Buy coins like Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with credit card.
Credit card
Cryptocurrency
Debit card
Bank transfer (SEPA)
SWIFT
USD, EUR, RUB, GBP
BTC, BTG, BCH, LTC, DASH, ETH, XRP, ZEC, XLM, GUSD
Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
Credit card
Debit card
OKPAY
PayPal
Skrill
SOFORT
EUR, USD, CHF, GBP
BTC
Buy bitcoin through PayPal on one of the oldest virtual currency exchanges in the business.
Credit card
Debit card
USD, EUR
BTC, BCH, ETH, XMR, ZEC, DASH, XRP, ETC, LTC, DOGE, XLM,1ST, ADX, AMP, ANT, BAT, & 75+ more
Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange.
Exmo Cryptocurrency Exchange
Credit card
Cryptocurrency
Debit card
Payeer
Perfect Money
Bank transfer (SEPA)
Wire transfer
USD, EUR, RUB, PLN, UAH
BTC, BCH, ETH, ETC, XRP, KICK, DASH, WAVES, ZEC, XMR, LTC, DOGE, USDT, ADA, INK
A UK-based cryptocurrency platform that provides buyers with a wide variety of payment options.
LocalBitcoins P2P Exchange
BPAY
Cash
Credit card
Cryptocurrency
Debit card
Flexepin
iDEAL
Neosurf
Neteller
PayPal
Perfect Money
Bank transfer (SEPA)
SWIFT
Western Union
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC
Trade fiat currency for bitcoin in person or online with this peer-to-peer exchange offering competitive fees and wide delivery options.
Paxful P2P Cryptocurrency Marketplace
Cash
Credit card
Cryptocurrency
Debit card
Flexepin
iDEAL
Neosurf
Neteller
PayPal
Perfect Money
SWIFT
Western Union
AUD, USD, EUR, GBP, CAD, CNY & 50+ more
BTC
Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.

Compare up to 4 providers

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 list of exchanges. Below is an overview of categories to keep in mind.

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.
  • Currency exchange fees. Watch out for currency exchange fees in particular. If you’re using an Indian 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 asks 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 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 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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