4 Ways to Buy Bitcoin with a Credit Card

Ever wondered how to buy Bitcoin with a credit card? Are you searching for the best place to purchase Bitcoin with your credit card instantly? Explore 5 different websites reviewed and compared to find out the best Bitcoin credit card purchasing method.

Buying Bitcoin with a credit card is now easier than it’s ever been. These days, a majority of major crypto exchanges and wallets provide the option to purchase Bitcoin with a credit card, either directly or through a third-party payment provider.

In this post, I’ll review the most popular methods for buying Bitcoin with a credit card.

Buying Bitcoin with a Credit Card Summary

The easiest way to buy Bitcoin with a credit card would probably be CEX.IO. Here are the steps:

1. Visit Exodus and create an account
2. Choose the amount you want to buy
3. You may be asked to complete KYC
4. Enter your Bitcoin address
5. Enter your credit card details
6. The coins will be sent to your wallet

If you want to read in-depth about additional exchanges that accept credit cards, keep on reading. Here’s what I’ll cover:

1. Exodus
2. Binance
3. Coinhouse
4. MoonPay

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2. Buy Bitcoin with a credit card through Binance

Pros: Good reputation, available worldwide

Cons: Slow verification process, slow support

Binance has grown to become the biggest crypto exchange in terms of popularity and trading volume. Previously a crypto-only exchange, Binance now accepts credit card purchases of crypto, both through themselves and third parties (such as the popular payments processor Simplex).

How to Use Binance

1. Head to Binance and open a Binance account if you don’t have one already. You’ll need to verify your account.

2. From Binance’s homepage, click on the “Buy Crypto” button.

3. Here, you can choose from a range of options including credit and debit cards. (You can also use a debit card for P2P trading)

4. Click on Credit/Debit Card, and you’ll be taken to the payment page where you can fill in details such as the preferred cryptocurrency and the amount you want to buy.

5.  You’ll be asked to fill in your card information before completing the purchase.

Visit Binance Read review    

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3. Buy Bitcoin with a credit card through Coinhouse

Pros: Reputable company, high buying limits

Cons: Limited countries available, high exchange rates

Coinhouse began as La Maison Du Bitcoin (The House of Bitcoin) in 2014 and is headquartered in Paris. You can buy as little as €50 worth of Bitcoin by Visa or Mastercard. Although the credit card fees are low, the exchange rates themselves may be high.

Visit Coinhouse Read review

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4. Buy Bitcoin with a credit card through MoonPay

Pros: Easy to use, available in 150+ countries

Cons: High fees

MoonPay is a Miami-based cryptocurrency payment platform that has been around since 2019.

Users of the service can purchase BTC as well as 40 other cryptos using any one of several fiat currencies via Visa or Mastercard. The platform works solely for the purchase and sale of cryptocurrencies using fiat – you can’t swap cryptos. 

The platform is hugely popular with over 5 million users and is used by many wallets as a fiat on-ramp. However, fees can be quite high ($3.99 or 4.5%, whichever is higher). 

Visit MoonPay

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Frequently Asked Questions

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Conclusion: How Do I Know Which Exchange to Use?

It can be kind of hard to decide which exchange is the best for buying your Bitcoin since there are so many of them. I suggest trying out each exchange with a small amount of money and moving on to larger funds only after you’re comfortable with the process.

Once you take the first step, you’ll start to notice what you actually value in an exchange and adjust your choices accordingly. If you have any more questions or comments about the methods I just described, leave me a comment below.