Cryptopay review 2022

With a crypto debit card, crypto app wallet, exchange and earn features, Cryptopay is aiming to be your all-in-one, practical, day-to-day crypto account.

  • Gives you lots of ways to buy, store and use your crypto
  • You’ll not be receiving the best rate when buying and selling crypto


Fiat currencies




Product Name Cryptocurrency Wallet
Fiat Currencies GBP, EUR
Cryptocurrencies BTC, ETH
Deposit Methods Bank transfer
Credit or Debit Card
Trading Fee 4% fee for buying, 1% fee for exchanging
Deposit Fees Cryptocurrency: Fee varies
SEPA: None
Bank card: 4%
Withdrawal Fees Fee varies
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.

What is Cryptopay?

Cryptopay is a stylish and user-friendly crypto wallet and app that lets you easily trade a large range of cryptocurrencies, move and manage your assets, and even spend your crypto (OK, quickly convert and then spend your crypto) using a virtual debit card.

You’ll also be able to earn up to 10% on crypto holdings via Cryptopay’s upcoming earn product.

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: GBP, EUR
  • Supported cryptocurrencies: 2 cryptocurrencies

Which payment methods are accepted?

  • Bank transfer
  • Cryptocurrency
  • Credit or Debit Card

How does Cryptopay work?

Once you’ve verified your account, you’ll be able to instantly buy and sell a large range of cryptocurrencies at a set rate using your credit or debit card or UK bank account.

You can also manage your crypto via a convenient all-in-one wallet, which lets you move your crypto to an external wallet, and even seamlessly transfer it from one crypto to another.

Like other entry-level crypto apps, Cryptopay doesn’t let you set purchase orders at your desired price, but instead offers a single live rate (with its 4% fee included). Ultimately, you’ll be paying for the convenience and ease-of-use offered by cryptopay. This may be a worthwhile trade-off depending on how experienced you are using crypto, and how you plan to use it.

The crypto debit card also lets you spend your crypto anywhere Visa is accepted, including online and ATM withdrawals. You can also manage your funds online or via the app at any time, much like you would with a digital bank.

Is Cryptopay safe?

Cryptopay has been temporarily registered with the Financial Conduct Authority (FCA) as a crypto asset business for the purposes of anti-money laundering. Its debit card is also registered with the FCA, but neither your card or any of your crypto assets will be covered under the Financial Services Compensation Scheme (FSCS), which can pay compensation to customers if specific financial services go bust.

Cryptocurrency also remains a highly volatile, unregulated and speculative market, and there’s the risk that you may lose any money you invest. Like with any other cryptocurrency transactions, if you transfer a crypto asset to the wrong address using Cryptopay you may not be able to recover it and your funds may be lost.

How do I open a Cryptopay account?

  1. Signup for an account using your email
  2. Verify your email
  3. Verify your identity by providing your address and ID

Pros and cons


  • Sleek, user-friendly app
  • You can trade a large range of cryptocurrencies instantly
  • Crypto debit card is easy to set up and use
  • The all-in-one crypto app is streamlined and convenient


  • Fees are a slightly eye-watering 4%
  • You’ll need to be fully verified in order to buy cryptocurrency
  • You’ll only be offered a flat rate price when buying and selling
  • No FSCS protection

Our verdict: Is Cryptopay any good?

Cryptopay boasts an impressive array of features, including the ability to earn up to 10% on your crypto, and use your crypto for everyday spending via its debit card.

While it offers a very convenient way to buy and sell a big range of cryptocurrencies, the prices you’ll be offered are far from the most competitive. Serious crypto traders and investors may want to look elsewhere, but for beginners, Cryptopay is a convenient and well-designed entry-level app that’s worth a look.

Compare Cryptopay against other exchanges

Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinJar Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Faster Payments (FPS)


CoinJar offers a simple way to buy, sell, or trade cryptocurrency with GBP. Trade from your desktop or mobile with a 1% fee and withdrawals are free to your bank account.
eToro Cryptocurrency Trading
Credit card, Debit card, Neteller, PayPal, Wire transfer, Online banking


Disclaimer: Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
Copy the trades of leading cryptocurrency investors on this unique social investment platform.
GlobalBlock Cryptocurrency Broker
Bank transfer, Cryptocurrency


Buy and sell 100+ cryptocurrencies with the option of cold storage and insurance on this UK-based cryptocurrency broker.
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA


Finder Exclusive: Sign up with code FINDER15 and get EUR 15 when you spend over EUR 100 each month. T&Cs apply.
Buy a large selection of cryptocurrencies instantly via credit card or bank account after registering. Store your crypto conveniently in Kriptomat's multi-currency wallet.
Paybis Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Neteller, Skrill, Apple Pay


Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.

Compare up to 4 providers

Frequently asked questions

Disclaimer: 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.

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