The fastest and most convenient way to buy Bitcoin online is with a credit card. You will, however, first need to open an account with a trusted cryptocurrency exchange that not only supports credit card deposits – but low fees.
In this guide, we discuss where to buy Bitcoin with a credit card in less than five minutes from start to finish.
Where to Buy Bitcoin with Credit Card – Top 5 Exchanges
If you’re looking for a quick overview of where to buy Bitcoin with a credit card right now – consider the five platforms listed below:
- eToro – Overall Best Place to Buy Bitcoin With a Credit Card
- Crypto.com – Buy Bitcoin With Credit Card via a User-Friendly App
- Binance – Buy Bitcoin and 80+ Other Cryptocurrencies With a Credit Card
- Coinbase – Great Place to Buy Bitcoin With Credit Card for Beginners
- Kraken – Secure and Trusted Bitcoin Exchange That Supports Credit Cards
We compare the above crypto exchanges in terms of credit card fees, minimum deposits, safety, and more in the sections below.
How to Buy Bitcoin With Credit Card – Quick Steps
For a quick overview of the steps required to buy Bitcoin with a credit card at eToro – check out the mini-walkthrough below.
In doing so, you’ll be able to deposit US dollars with a credit card without paying any fees.
- ✅ Step 1: Open an eToro Account
Head over to the eToro website and open an account by entering your personal information and choosing a suitable username and password. Upload a copy of your passport, driver’s license or state ID to get verified. - 💳 Step 2: Deposit Funds
Select a credit card from the list of supported payment options. After specifying your desired deposit amount (minimum $10), securely enter your credit card details. No fees are charged on USD deposits at eToro. - 🔎 Step 3: Search for Bitcoin
With US dollars in your eToro account, you can now search for Bitcoin. Click ‘Trade’ when Bitcoin appears in the search results. - 🛒 Step 4: Buy Bitcoin
Now you need to enter your desired investment amount. Click on ‘Open Trade’ to buy Bitcoin with credit card instantly.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Towards the end of this guide, we provide a more detailed step-by-step walkthrough of how to buy Bitcoin with a credit card.
Top Exchanges for Buying Bitcoin with Credit Card Reviewed
Many crypto exchanges now allow you to buy Bitcoin with a credit card instantly – which means that the end-to-end investment process rarely takes more than five minutes.
You do, however, need to research what fees the exchange charges on credit card payments and what the minimum investment stake amounts to. Safety and user-friendliness should also be assessed.
As such, when deciding where to buy Bitcoin with a credit card – consider one of the five pre-vetted exchanges reviewed below.
1. eToro – Overall Best Place to Buy Bitcoin With a Credit Card
In terms of fees, security, user-friendliness, and minimum stakes – eToro is the overall best place to buy Bitcoin with a credit card. First and foremost, it only takes a couple of minutes to open an account here and you can verify your identity instantly by uploading a copy of your ID. This means that buying Bitcoin with eToro is straightforward and can be done in a matter of minutes.
In doing so, US clients can then deposit funds with a credit card on a fee-free basis. This is also the case with debit cards, bank transfers, and e-wallets like PayPal. In terms of account minimums, you only need to deposit $10 when using a credit card at eToro.
Once your credit card payment has been executed, you can then proceed to buy Bitcoin with low trading fees. In addition to Bitcoin, you can also buy other cryptocurrencies with a credit card. eToro supports dozens of tokens – including but not limited to Ethereum, AAVE, Shiba Inu, Dogecoin, Litecoin, EOS, Cardano, and Decentraland.
What we also like about eToro is that it supports fractional cryptocurrency purchases. As such, instead of needing to risk thousands of dollars to invest in Bitcoin, you only need to meet a minimum purchase requirement of $10. We also like the copy trading tool offered on the eToro website – which allows you to trade passively.
Put simply, once you have selected a seasoned crypto trader that you like the look of and decided how much to invest ($200 minimum), any positions that they enter will be mirrored in your own account. US clients also like the smart portfolios offered on the eToro website – which allow you to invest in a basket of cryptocurrencies or stocks via a single trade.
When it comes to security, eToro offers an in-built crypto wallet that is both safe and user-friendly. You can also download the eToro wallet to your mobile device. eToro is also heavily regulated – which includes licenses with the SEC, ASIC, FCA, and CySEC. As such, you can buy Bitcoin with a credit card here without worrying about the safety of your funds.
| Number of Cryptos | 59 |
| Credit Card Fee | FREE for US clients |
| Fee to Buy Bitcoin | 1% plus the spread |
| Minimum Credit Card Deposit | $10 |
What We Like:
- Nearly 60 cryptos to trade
- Minimum deposit is only $10
- Regulated by numerous top-tier entities
- Accepts credit/debit card and PayPal deposits
- User-friendly trading app
- Copy trading tools
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
2. Crypto.com – Buy Bitcoin With Credit Card via a User-Friendly App
The next exchange to consider when deciding on where to buy Bitcoin with a credit card is Crypto.com. This exchange is worth considering if you prefer to buy and sell cryptocurrencies on your smartphone via an app. The Crypto.com app is compatible with both iOS and Android devices and is very user-friendly.
After downloading the app to your device, you will first need to register an account and upload some ID. After that, you can instantly buy Bitcoin with a credit card. You will, however, be required to pay a fee of 2.99% when using a credit card, so do bear this in mind.
In fact, if you’re primary reason for using a credit card is because of speed, then you might instead consider using ACH on the Crypto.com app. This is because ACH payments are not only instant – but free. Either way, in addition to Bitcoin, Crypto.com offers more than 250+ other cryptocurrencies.
As such, Crypto.com is a good option if you are planning to buy multiple cryptocurrencies with your credit cards. In terms of standard trading commissions, Crypto.com charges 0.40% per slide. This means that you will pay $4 for every $1,000 traded. You can reduce your trading commission at Crypto.com when your monthly volume surpasses certain milestones.
In holding CRO – which is the native token of the Crypto.com platform, you can also lower your commissions. Another feature that we like on the Crypto.com app is that you can earn interest on Bitcoin. The highest APY on offer is 6%, although this is based on a 3-month lockup period and a minimum CRO staking requirement of 40,000 tokens.
As such, if you prefer a crypto interest account without a lock-up period or engaging in staking, then lower APYs will be offered. Nonetheless, interest can be earned on dozens of cryptocurrencies at this exchange. Crypto.com also offers Bitcoin loans with an LTV of up to 50%. Finally, Crypto.com also offers an NFT marketplace and a pre-paid debit card.
| Number of Cryptos | 250+ |
| Credit Card Fee | 2.99% |
| Fee to Buy Bitcoin | Included in credit card fee |
| Minimum Credit Card Deposit | Not stated |
What We Like:
- Over 250+ crypto coins supported
- Accepts debit/credit cards and bank transfers
- Great reputation
- Offers crypto interest accounts and lending services
- Competitive fees
- Crypto.com Visa Card
Cryptoassets are a highly volatile unregulated investment product.
3. Binance – Buy Bitcoin and 80+ Other Cryptocurrencies With a Credit Card
The main Binance platform attracts the largest amount of daily trading volume in the industry. It is also home to over 1,000 markets. However, if you’re an American, you will need to use the US version of Binance – which offers just 80 cryptocurrencies in total.
Nonetheless, this hugely popular exchange enables you to buy Bitcoin with a credit card. Before you can do this, you will be required to open an account and go through a relatively fast KYC process. When it comes to fees, Binance will charge you 4.5% to use a credit card. Moreover, you will also be charged an instant buy fee of 0.5%.
This means that overall, you will pay a total of 5% to buy Bitcoin with a credit card on this platform. This amounts to a fee of $5 for every $100 that you deposit. On the other hand, Binance supports fee-free deposits via ACH and domestic bank wires. Although its credit card fees are expensive, Binance does offer super-low commissions.
This amounts to just 0.10% per slide – or $1 for every $1,000 traded. Moreover, when you hit certain milestones throughout the month or you hold BNB tokens, you will be offered even lower fees. In addition to Bitcoin, the Binance US website also enables you to buy the likes of Ethereum, Shiba Inu, Dogecoin, Cardano, and Chainlink with a credit card.
Once you have bought Bitcoin with a credit card at Binance, you might then consider transferring the tokens into the Trust Wallet app. This is backed by Binance and it not only allows you to store Bitcoin – but thousands of other digital tokens. Alternatively, you can simply leave your Bitcoin tokens in the Binance web wallet.
In taking this storage option, your funds will be protected by two-factor authentication and a variety of other security tools – such as IP and device whitelisting. Moreover, Binance claims that the vast majority of client tokens are kept offline in cold storage. On the other hand, Binance is not regulated by any financial authorities – so this should be considered before you sign up.
| Number of Cryptos | 80+ |
| Credit Card Fee | 4.5% |
| Fee to Buy Bitcoin | 0.5% instant buy fee |
| Minimum Credit Card Deposit | Not stated |
What We Like:
- Huge selection of markets
- Trading fees of just 0.10% per slide
- Supports credit cards and crypto staking
- Numerous wallet options
- Advanced trading tools
Cryptoassets are a highly volatile unregulated investment product.
4. Coinbase – Great Place to Buy Bitcoin With Credit Card for Beginners
Coinbase is a trusted crypto exchange that enables you to buy Bitcoin with a credit card – alongside 50+ other digital currencies. The Coinbase website is very simple to use and opening an account rarely takes more than a few minutes. The KYC process is also fast – with documents typically validated instantly.
Once you are set up, Coinbase then enables you to use your credit card to instantly buy Bitcoin. If the size of your investment is above $200, then you will pay a fee of 3.99%. This means that you will pay $39.90 for every $1,000 that you invest. If your investment is less than $200, then a flat fee pricing structure will kick in.
The specific fee will depend on the payment size, albeit, this will cost you more than the aforementioned 3.99%. If you want to save on transaction fees, ACH deposits are executed for free at Coinbase. You will still need to pay the standard trading commission of 1.49%, however, this is still cheaper than using a credit card.
Irrespective of which payment method you decide to use, you can store your Bitcoin tokens in the main Coinbase web wallet. This comes alongside two-factor authentication and other security features. Coinbase also claims to keep 98% of client tokens in cold storage. You can also withdraw your Bitcoin tokens to the Coinbase mobile wallet.
This option is available for both iOS and Android users and there are no fees to download the app. Moreover, the Coinbase wallet app is non-custodial, which means that you are responsible for keeping your private keys safe. Although Coinbase does not offer crypto interest accounts, where you can engage in staking.
This isn’t, however, supported for Bitcoin. Instead, you can only earn staking interest on Ethereum, Cosmos, Tezos, USD Coin, and Dai. Finally, if you’re a complete beginner in the world of Bitcoin and cryptocurrencies, Coinbase is home to an extensive library of educational materials and courses.
| Number of Cryptos | 50+ |
| Credit Card Fee | 3.99% |
| Fee to Buy Bitcoin | Included in credit card fee |
| Minimum Credit Card Deposit | Not stated |
What We Like:
- Great for beginners
- Support for credit cards and Paypal
- Good selection of altcoins
- Top-rated security features
Cryptoassets are a highly volatile unregulated investment product.
5. Kraken – Secure and Trusted Bitcoin Exchange That Supports Credit Cards
The final exchange to consider when deciding on where to buy Bitcoin with a credit card is Kraken. This popular exchange was first founded in 2011 – which is just two years after Bitcoin was launched. And as such, Kraken is perhaps one of the most established Bitcoin exchanges in this marketplace.
In terms of buying Bitcoin with a credit card, like all of the exchanges reviewed today, you will first need to register an account and go through a KYC process. After all, you can instantly buy Bitcoin by paying a credit card fee of 3.75%. Once again, in comparison to the likes of eToro, this is expensive.
If you want to reduce this fee, then you will need to consider depositing funds via ACH or online banking – which is charged at 0.5%. Either way, once you have bought Bitcoin at Kraken, you are advised to withdraw your tokens to a private wallet. This is because – as noted by Kraken itself, the platform is an exchange and not a custodial wallet provider.
This could be a deal-breaker if you are a complete beginner, as maintaining a crypto wallet for the purpose of keeping your Bitcoin tokens safe can be a complex task. Nevertheless, we do like Kraken for its low commission policy – which starts at just 0.26% per slide. In trading higher amounts throughout the month, you will benefit from lower commissions.
If you’re looking to diversify, Kraken is home to over 65+ altcoins. This is inclusive of Ethereum, Cardano, Solana, Terra, Ripple, Tether, Shiba Inu, and more. Kraken also offers staking services with very competitive APYs. For example, you can earn up to 12% and 7% when staking Cosmos and Ethereum, respectively. Bitcoin, however, only attracts an APY of 0.25%
Another popular feature at Kraken is its trading app – which is fully optimized for iOS and Android devices. This connects to your main Kraken account, so you can use the app to buy and sell cryptocurrencies with a credit card. Finally, if you have a higher appetite for risk, Kraken also allows you to trade Bitcoin and other digital tokens on margin.
| Number of Cryptos | 65+ |
| Credit Card Fee | 3.75% |
| Fee to Buy Bitcoin | Included in credit card fee |
| Minimum Credit Card Deposit | Not stated |
What We Like:
- Established in 2011
- Supports 65 crypto assets
- Accepts credit card payments
- Margin trading facilities
- Great mobile app
Cryptoassets are a highly volatile unregulated investment product.
Why Buy Bitcoin with a Credit Card?
The best crypto exchanges in the market support a wide variety of payment methods. Not only does this include credit cards, but also ACH, domestic bank wires, crypto, and in some cases – Paypal.
In the sections below, we explain why you might choose to buy Bitcoin with a credit card as opposed to an alternative deposit type.
Buy Bitcoin Instantly
Perhaps the most obvious benefit of buying Bitcoin with a credit card is that your payment will, in the vast majority of cases, be processed instantly. And as such, using a credit card will allow you to buy Bitcoin and other cryptocurrencies in the fastest timeframe possible.
With that said, it is important to remember that before you can buy Bitcoin with a credit card – not only will you need to register an account with the exchange in question – but you will also need to go through a KYC process.
Nonetheless, as soon as you have been verified, you can proceed to use your credit card to deposit funds and subsequently buy Bitcoin.
In comparison, opting for a traditional bank wire or ACH transfer can often take 1-3 working days for the funds to arrive. With that said, the Crypto.com app supports instant ACH deposits – so this is also something worth considering.
Great for Beginners
If you are looking to buy cryptocurrency for the very first time, then you will invariably need to pay for your purchase with US dollars. And, using a credit card for this purpose is by far the most user-friendly way of achieving this goal.
In fact, when you use a beginner-friendly exchange like eToro, you will be guided through the credit card deposit process step-by-step.
Therefore, even if you are looking to buy Bitcoin for the very first time – you shouldn’t face any hurdles when using a credit card.
Small Deposit Requirements
When researching where to buy Bitcoin with a credit card, we found that the best exchanges in this space enable you to use this payment method with small deposit amounts.
For example, if you decide to buy Bitcoin with a credit card at eToro, the minimum deposit threshold for US clients stands at just $10. In comparison, traditional bank wires often require a much higher deposit minimum due to processing fees.
Fee-Free Credit Card Payments are now Possible
Investors are often put off by the high credit card fees that crypto exchanges charge. Typically, we found that the industry average stands at 3-5% when using a credit card. Even at the lower end, this means that you will pay $3 for the $100 that you invest.
However, you can alleviate credit card deposit fees in their entirety when using eToro. This is because the exchange supports fee-free credit card deposits when the payment is made in US dollars.
Ideal for Mobile Users
Many investors in the crypto space prefer to buy and sell Bitcoin via a smartphone app. If this sounds like you, then you will be pleased to know that the best crypto apps in this marketplace support credit card payments.
This makes it super easy to trade Bitcoin on the move – no matter where you are. In comparison, depositing funds via ACH or a domestic bank wire directly to a crypto app is not possible – as you need to transfer the funds externally.
Secure
Using a credit card at a trusted exchange – such as the providers reviewed today – is very secure. Sure, you will be required to enter your credit card credentials directly into the exchange’s website.
However, the five providers that we discussed on this page use encryption tools when processing credit card payments. This means that the exchange will not have the ability to see the credit card numbers that you enter.
As such, using a credit card to buy Bitcoin is super secure – as long as your chosen platform is reputable.
Easy Withdrawals
Another benefit of choosing to buy Bitcoin with a credit card is that you can easily make withdrawals. After all, by investing in Bitcoin, you are likely doing so to make financial gains.
And, the only way that your potential gains can be realized is to sell your Bitcoin back for cash.
Once you have done this, platforms like eToro and Crypto.com enable you to withdraw US dollars back to the same credit card that you used to make a deposit.
Can You Buy Bitcoin with Credit Card with No Verification?
Contrary to what other websites tell you – it is not legally possible to buy Bitcoin with a credit card with no ID.
Crucially, this is because in order for crypto exchanges to accept traditional payment methods – such as credit cards, ACH, or Paypal – they must comply with anti-money laundering regulations.
And as such, the crypto exchange is legally required to verify all registered clients that wish to deposit and/or withdraw funds with US dollars.
If you do happen to come across a crypto exchange that claims to offer anonymous Bitcoin purchases with a credit card, then they are either doing this illegally or the platform is simply a scam.
Either way, we strongly advise you to only buy Bitcoin with a credit card at regulated and trusted exchanges. In doing so, you can be sure that your credit card details are securely encrypted and that your Bitcoin tokens remain secure at all times.
Moreover, we should note that the best crypto exchanges in this marketplace – such as eToro and Crypto.com – have automated KYC processes in place.
This means that as soon as you upload your ID, the platform should be able to verify the document instantly, it also means that you no longer need to wait several business days for an exchange to manually verify your account
How to Buy Bitcoin with Credit Card on eToro – Tutorial
If you’re looking for some guidance on how to buy Bitcoin with a credit card – read on.
In this section, we’ll explain the process step-by-step with eToro – which enables you to deposit US dollars with a credit card on a fee-free basis.
Moreover, opening an account takes less than five minutes and you only need to deposit $10 to get started.
Step 1: Open an eToro Account
To get the Bitcoin investment process started, you will initially need to register with eToro. You can do this by clicking on ‘Join Now’ via the homepage and filling out the registration form that appears.
Some of the personal information that you need to enter includes your first and last name, residency status, address, date of birth, and social security number. You also need to enter and verify your cell phone number and email address.
Step 2: Upload ID
As we mentioned just a moment ago, it is not possible to buy Bitcoin with a credit card without first going through a KYC process. This means that you need to get verified before you can make a deposit.
Fortunately, eToro is home to automated verification technology – which enables it to verify your documents near-instantly. You will need to upload two documents to complete the KYC process at eToro.
First, you’ll need to upload a state ID, passport, or driver’s license. The document must still be valid.
Second, you’ll also need to upload a proof of address. There are many documents supported by eToro, albeit, most people opt for a bank account statement or cell phone bill. Either way, the document must have been issued within the prior three months.
Step 3: Deposit Funds With Credit Card
The next step is to deposit US dollars with a credit card. eToro supports Visa, MasterCard, and Maestro. First, enter the amount of money that you wish to deposit. The minimum is $10 at eToro.
Next, after selecting a credit card from the list of supported payment methods, you will be asked to securely enter the:
- 16 digit card number
- Expiry date
- CVV number
After confirming the deposit, the funds will be added to your eToro account instantly. And, don’t forget – US clients are not charged any deposit fees when using a credit card.
Step 4: Search for Bitcoin
Now that you have funds in your eToro account, you can proceed to buy Bitcoin. First, enter ‘Bitcoin’ into the search bar at the top of the page.
When you see Bitcoin appear, click on the ‘Trade’ button.
Step 5: Buy Bitcoin
The final step is to create a buy order. This is simply a case of typing in the amount of money that you wish to allocate to your Bitcoin investment.
The minimum crypto stake at eToro is just $10. To confirm your Bitcoin purchase – simply click on the ‘Open Trade’ button.
Cryptoassets are a highly volatile unregulated investment product.
And that’s it – you have just learned how to buy Bitcoin with a credit card in less than five minutes.
Conclusion
This beginner’s guide has cleared the mist on where to buy Bitcoin with a credit card instantly. In addition to reviewing the five best Bitcoin exchanges in this space – we’ve also walked you through the investment process with the low-fee platform eToro.
In choosing eToro, you can deposit US dollars with a credit card without paying any transaction fees. Moreover, you only need to deposit $10 with your credit card – so eToro is perfectly suited to those on a budget.
Cryptoassets are a highly volatile unregulated investment product.
