How to Buy Bitcoin with Credit Card or Debit Card
Introduction to Buying
Scroll to bottom of page for the videos if you cant be bothered to read all this.
Buying bitcoin (BTC) with a credit or debit card used to be REALLY hard these days its very easy.
Below, we’ve listed 5 proven exchanges for buying bitcoins with your credit card.
We suggest using the exchanges listed below or doing research before buying from any exchange.
Credit/Debit Card Bitcoin Exchanges
Coinbase – Buying Guide
Coinbase is the world’s largest Bitcoin broker.
At Coinbase you can buy up to $150 or €150 of bitcoin per week instantly with a debit card (not credit card) in:
- the United States
- United Kingdom
Coinbase charges a flat 3.99% fee on all purchases via debit card, which is among the lowest for European and US customers.
A quick step-by-step guide on how to buy bitcoins with debit card on Coinbase:
- Download the Coinbase app on play or apple store
- Create account. Open your account on Coinbase.
- Connect debit card. Add your debit card to your Coinbase profile
- Verify ID. Verify your ID with Coinbase.
- Buy bitcoins! Buy bitcoins using your debit card.
- Send the Bitcoins to the address listed here
- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- “Instant Buy” option available with debit card
- Purchases made with bank transfer can take up to 5 days to complete
How To Buy And Sell Bitcoins On Paxful (Step-by-Step Tutorial)
PAXFUL.COM, is one of the world’s biggest and most-popular bitcoin exchanges/marketplaces; with over 300+ payment options for instantly buying and selling bitcoins!
Step 1]: Find a Vendor with Good Reputation. A vendor’s reputation is displayed in green with a + before it.
For example,… +1305 -1 means they have +1305 good feedbacks from buyers and only 1 negative. Anyone with over +200 feedback is okay but if you can find a verified vendor with this black seal then, that is best!
Look for VERIFIED Seller with this seal.
[Step 2]: READ the TERMS of the offer before you start the order, always! Vendors should mention what they expect and what you will need to provide.
For example, for gift cards, many vendors REQUIRE a receipt showing it was bought with cash. If they ask for this and you cannot provide it then it is better not dealing with them and looking for someone else.
If you agree then make sure you have everything ready like the gift card with receipt in hand BEFORE you start the order.
[Step 3]: Be Aware of the PRICE. Buying bitcoins is never 1 to 1.
Vendors charge a fee to convert a gift card or cash into bitcoin.
The price depends on who you buy from. It always tells you the price before you start the order so don’t be surprised if your $25.00 gift card gets you $20 or less in bitcoins.
For a better price try to cash or bank deposits.
[Step 4]: Read the instructions. First, click on INFO (at the bottom of the screen on mobile) and then read the instructions, they are also printed out at the very beginning of the chat.
Try reading them first and if you need help just ask in the chat.
[Step 5]: Click the, ‘I have read the instructions’** and **’Paid button’** ONLY when you have actually paid.
This stops the countdown timer and the order from expiring.
This is important because if you sent the vendor the payment info such as a gift card code and the offer expires then the escrow is released and your bitcoins are gone.
If the vendor is not 100% honest or forgets then you may not get your bitcoins so be sure to click the blue Paid button once you have actually paid.
If you click it and you have not paid or followed instructions then the vendor may think you are a coin-locker harassing or a competitor trying to lock up his funds.
[Step 6]: No Brokering Gift Card Codes: Brokering is when you buy a gift card code from someone thinking you can sell them later.
Even if you checked the code when you bought it the person who sold you the code anytime without your knowledge and this is why it is against the Paxful TOS.
If you keep trying to give vendors bad codes you will be reported and this can get you banned, not to mention waste your time and others. Only use gift cards you have bought yourself.
[Step 7]: Only trade FOR THE WHOLE AMOUNT OF THE GIFT CARD! IF you have $50 gift card you cannot trade for $33, you must trade for $50!
Remember this as the way redeeming gift cards work the vendor can only take the whole amount so if you start order for $33 and he takes $50 then the only way to get the rest back in bitcoin is by starting a new trade for the difference.
Vendors ranges may not meet that amount or the vendor may take down his offers or go offline so don’t make this mistake.
[Step 8]: NEVER ask the vendor to release the bitcoins first.
This is grounds for an instant ban as it screams scammer. The escrow is there so you know the bitcoins are there and waiting for you until you complete payment.
[Step 9]: Be polite – Vendors go through a lot of tough customers and being polite can save you a lot of time. Being polite is about a lot more than your language it is about following their instructions as well and if there is a dispute the moderator will take language into account.
[Step 10]: Not Interested? Cancel!! if you are no longer interested and have not yet paid the vendor. It will free up their escrow and let them continue to trade with others.
This is good manners. If you do not do this the vendor will have to file a dispute or report you and you may get negative feedback. You can see your active open trades on your dashboard.
Click chat, and go in and cancel them by clicking on ACTIONS ( at the bottom on mobile) and then click the red Cancel button.
Coinmama is a bitcoin broker that specializes in letting you purchase bitcoin with a debit or credit card.
You’ll be charged a ~6% fee due to the risks and processing fees that come with credit card payments.
Coinmama offers high limits. You can buy up to:
- $5,000 worth of bitcoin per day
- $20,000 worth of bitcoins per month
After your account is verified and a purchase is made you will receive your bitcoin within a few minutes.
Coinmama is only available in some US states so check before signing up.
- Works in almost all countries
- Highest limits for buying bitcoins with a credit card
- Reliable and trusted broker
Bitpanda is a Bitcoin broker located in Austria. You can purchase coins with a credit/debit card for 3-4% fees. Only residents of Europe can use Bitpanda.
Note that the fees are not displayed publically but displayed in your buy price when completing your purchase.
- Some of the lowest fees for buying bitcoins with credit/debit card
- Reliable and trusted broker
- Fees aren’t shown openly on the site but instead included in the buying price
CEX.io lets you buy bitcoin with a credit or debit card
CEX.io is one of the oldest Bitcoin exchanges and works in the United States, Europe, and some countries in South America.
CEX.io’s verification process is extensive and can take up to 30 minutes to complete.
CEX is only available in some US state
- Support for many countries and regions
- Low 0.2% trading fee
- Established and trusted exchange
- Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
- GBP market lacks liquidity
Tutorials: Buy Bitcoin in Less than 5 Minutes
Coinbase Buying Tutorial (Credit Card/Debit Card)
Coinbase lets you buy bitcoins instantly with a credit card or debit card. Here are step-by-step instructions to help make the buying process easier for you.
1. Create an Account on Coinbase
Once you create an account, confirm your personal details and login. You may be asked to upload a scan of ID. Once you’ve logged in, continue to the next step.
2. Navigate to account settings
Navigate to the top right corner and click on your name. There should be a drop-down menu where you can click “Settings”. Then click “Payment Methods” on the menu at the top and you should see something that looks like this:
Click on “Add Payment Method” in the right corner.
3. Click “Credit/Debit Card”
4. Enter your Credit/Debit Card Information
Note that Coinbase only accepts Visa and Mastercard credit/debit cards at this time.
You should see a confirmation like the one below. If so, your credit/debit card has been successfully added!
6. Buy Bitcoins!
Go to the buy page and you should see a widget that looks like the image below:
Enter the amount you want to buy, and click “Buy Bitcoin Instantly”. Your coins will then be delivered to your Coinbase wallet!