10 Best Ways to Buy Bitcoin with Credit Card in 2020

Best ways to buy Bitcoin with credit card
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Are you looking to buy Bitcoin with credit card, So you are in the right place? This beginner-friendly article explains the 10 best ways to buy Bitcoin with credit card.

There are many places to buy Bitcoin with a credit card but a lot of ways are not trusted, and reliable. Therefore, here you will learn trusted, and reliable 10 best ways to buy Bitcoin with a credit card.

When you are going to buy Bitcoin with a credit card, there are few facts to consider such as credit card depositing fees, Bitcoin exchange trading fees, privacy and anonymity, beginner friendliness, exchange availability, etc. In this case, this article will describe each of the factors related to the Bitcoin exchanges mentioned here.

What is the overall best way to buy Bitcoin with credit card?

In this case, the fact can be varied according to few reasons such as ease of use platform, KYC (Know your customer) verification process, fees for credit card depositing, trading fees, customer service activity, etc.

Let’s consider the overall best Bitcoin broker or exchange according to the fees are charging to buy 100USD/EUR worth of Bitcoin.

In terms of fees, Luno is one of the cheapest ways to buy Bitcoin with a credit card but Luno does not support worldwide.

Also, the bad one is Changelly where the fee is over 5% of the total deposit but it supports the worldwide, and availability of the exchange is good.

Overall, BTCbeginners ‘s best pick is Coinmama because it consists of many features such as excellent customer support, fast Id verification, worldwide supports, top altcoin support, etc.

So, let’s dive into, 10 best ways to buy Bitcoin with a credit card,

10 Best Ways to Buy Bitcoin with Credit Card

Let’s find out what is the 10 best ways to buy Bitcoin with a credit card in detail. So, you can select the preferred method using the given details.

#1. Coinbase – best beginner-friendly Bitcoin exchange

Coinbase is US based San-Francisco headquartered, regulated popular cryptocurrency broker and exchange which consists of amazing features, services, and products such as ultra-secure Coinbase wallet, cryptocurrency exchange for pro traders, USDC stable coin, Coinbase earn program, Coinbase Custody, Coinbase commerce, Coinbase Venture, etc.

Features, services, and products

There are important features and service introduce the Coinbase lets find out,

Coinbase is a beginner-friendly broker and exchange mainly Coinbase performs cryptocurrency buy/sell, wallet service, and portfolio management service. You can buy Bitcoin, Ethereum, Ripple, Ethereum classic, Dai stable coin, Litecoin, Bitcoin cash using a Credit card.

Normally, Coinbase can be used as an ultra-secure wallet which is support worldwide. If your region does not support buy/sell but still you can use Coinbase as a wallet.

There are mobile apps for buy/sell both Android and iOS to help the beginner as well as professionals.

Coinbase Pro is a Coinbase’s cryptocurrency exchange where It is used by the US and Supported country’s regular traders.

Coinbase Earn all about educating innovational and disruptive cryptocurrency and blockchain projects. Some of the projects are Dai stable coin, BAT and Brave, 0x, EOS, Steller lumens, cash, etc. You can earn a particular coin participating in the program and solving simple quizzes.

Coinbase offers the USD coin which is an open-source stable coin project which is maintained and governed by CENTRE powered by Coinbase and Circle. In Coinbase exchange you can convert USD to USD coin with a 1:1 ratio and which can be used in Binance, Poloniex, Coinbase pro.

They offer a business like commerce, custody, and Venture, etc.

Coinbase fee structure

There are two types of fees which are a flat fee and a variable percentage fee.

When using credit card Variable percentage fee will apply which is about 3.99% of the total transaction and the variable percentage fee depends on region and payment methods.

If you are in the US, Canada, Australia, Europe, and Singapore credit card variable percentage fee remain 3.99% of the total transaction and That is will vary for other payment methods.

Coinbase indicates what are the fees are charged before made any transaction.

Coinbase charges a spread margin of 2% for digital currency conversion as example Ethereum to Bitcoin.

The standard network fee applies for a digital currency withdrawal from the Coinbase exchange that is fluctuating with the market condition. Let’s take look at, how to buy Bitcoin with credit card on Coinbase,

How to Buy Bitcoin with Credit Card on Coinbase

Step 1. Create New Coinbase Account

Let’s go to the Coinbase and register. In this step, they will ask you to very your phone number, upload your government issue photo of ID card, driving license or passport

Best ways to buy Bitcoin with credit card - Coinbase

Step 2. Add a Credit or Debit Card

Then you need to add credit card through add card section also, you can add a bank account

Coinbase payment method

Step 3. Buy Bitcoin with Credit Card instantly

After depositing the USD, the buy/sell, and buy Bitcoin and other listed altcoin without any hassle. As you can actual Bitcoin buying rate and fee involving

buy Bitcoin with credit card on Coinbase

Coinbase pros

Regulated cryptocurrency exchange
Transparent fee structure
Enhanced security with 2FA
Beginner friendly and amazing user interface

Coinbase cons

Few countries support
Sometimes fund deposit & withdrawal can be delayed
Low spending limits and Coinbase may track your buying activity
Poor customer support

#2. Cex.io

Cex.io UK registered, legally compliance Bitcoin broker and exchange which supports fiat payments through credit cards, swift transfer, ACH transfer. Cex.io supports so many countries for Buy/Sell Bitcoin and few other cryptocurrencies and You can deposit and withdraw fiat currencies like EUR, GBP, USD, and RUB. 

Feature, Service, and products

Cex.io supports worldwide service for Buy/Sell bitcoin with fiat currencies and It offers fiat withdrawals for credit cards, wire transfer, etc.

Strong security with 2FA authentication, full data encryption and compliance with PCI DDI standards.

Recently Cex.io offers the margin trading with up to 10x leverage with the same Cex account registration.

Cex.io fee structure

Cex.io will charge 2.99% of the total deposit amount for USD, EUR, GBP, and RUB when using credit/debit cards.

Cex.io charges a trading fee, it will depend on the 30-day Bitcoin volume. The maximum trading fee is 0.25% of the total amount. If your trading volume increase, trading fee-charging decrease. Let’s follow, how to buy Bitcoin with credit card on Cex.io exchange,

How to buy Bitcoin with Credit Card on Cex.io

Please refer to the detailed guide to buy Bitcoin with credit/debit card through Cex.io cryptocurrency exchange.

Step 1. Create New Cex.io Account

Go to the Cex.io exchange and hit the register button top right corner of the main menu. In this step, Cex.io asks you to verify the email, phone number and then provide photo ID, Selfie of yourself, etc.

Step 2. Add a Payment Card on Cex.io

After completing new account registration and verification, log in the dashboard and head over to the card section of the main menu then hit add a new card. Follow the guided procedure.

Step 3. Fund the Cex.io Account

After completing the card adding process, hit deposit button and deposited the fiat funds

Step 4. Buy Bitcoin from the BTC/USD market or Use Instant Buy Feature

In this case, you directly buy Bitcoin from the buy/sell section of the exchange but It is not recommended because the rate can be a little higher than the actual market price or head over to the trade section and exchange USD to Bitcoin with a market order or limit order.

Cex.io pros

Great security with 2FA
Worldwide support for buying, selling and withdrawing fiat currency
Transparent fee structure
Good customer support

Cex.io cons

Buying/selling and fiat withdrawal limits
Direct Bitcoin buy/sell rate is a little higher than the actual market price

#3. Coinmama

Coimama is one of the oldest Bitcoin brokers operating worldwide including 193 countries since 2013. Coinmama provides fast, easy Bitcoin and cryptocurrency buying service with few payment methods available such as credit card, bank transfers such as SWIFT and SEPA and Faster bank payment service only for the UK.

Features, Services, and Products

Major payment method supports such as credit card, Bank transfer through SWIFT and SEPA, Faster bank transfer only in the UK.

Coinmama supports popular cryptocurrency buying such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Ethereum Classic, Litecoin, Cardano, Qtum, etc.

Other than Buying service you can sell bitcoin directly with bank accounts through Coinmama broker service but which is supports only in the European region.

Coinmama Bitcoin calculator provides the exact bitcoin rate and you can determine how much you are going receive but the Coinmama processing fee not included in the particular Bitcoin rate.

Coinmama fee structure

Coinmama charges a 5% fee of total transactions made by the credit card. There is no hidden fee are involving.

How to Buy Bitcoin with Credit Card on Coinmama

Step 1. Create New Account on Coinmama

Let’s go to the Coinmama.com website and hit the Sign up button. Complete the signup and it will ask to verify the email.

Best ways to buy Bitcoin with credit card - Coinmama

Step 2. Verify the Basic Identity

Next step, it will ask you to fill personal information, upload photo ID, a selfie with ID, and holding a piece of paper written the Coinmama word and date of verifying. It will take some time to buy confirming the verification.

Step 3. Buy Bitcoin with Credit Card

Then, log in to the Coinmama website, under the buy section select the Bitcoin. Then select currency and amount you want to buy, then click the buy button.

Coinmama selects Bitcoin amount

On the next screen, you need to enter the designation personal Bitcoin wallet address (please double-check the address). If you don’t own a personal Bitcoin wallet please create the Bitcoin using an Electrum desktop wallet. Then click the go payment button.

Coinmama Bitcoin receiving address

On the next screen, select the payment method like credit card and go through the process. If you all done correctly you will receive the order Bitcoin amount within 30 minutes.

Coinmama payment method selection

Coinmama pros

Fast customer support
Worldwide supports including 193 countries
High spending limits on buying Bitcoin and other cryptos
Fast verification process

Coinmama cons

Sell service available only the European countries

#4. Bitpanda

Bitpanda is Austria based cryptocurrency exchange and Bitcoin broker operation since 2014 and buying cryptocurrency only supports the European region. Bitpanda offers a wide range of payment methods such as credit cards, bank transfers, Skrill, Neteller, etc.

Features, Services, and Products

There are so many Bitpanda features, services, and products in this guide describe a few of them summarize way. 

Bitpanda offers a wide range of payment methods which are credit/debit card, bank transfer, Skrill, Neteller, EPS, Giropay, Sofart, Ideal, Zimpler, etc.

Wide range of cryptocurrency buying through the fiat currency which are Bitcoin, Ethereum, Dash, Waves, Basic Attention Token, etc.

Recently Bitpanda introduces the Bitpanda global exchange for experienced traders, professionals and institutions and which supports 54 countries.

Bitpanda Launchpad introduces the NEW cryptocurrency IEO’s and fist launch product is the BEST token which is Bitpanda Ecosystem Token and It was raised over 43 Million Euros.

Other than cryptocurrency service, Bitpanda offers the investor to buy and sell metals such as silver and gold.

There is so many Bitpanda related business some of them are Bitpand savings, Bitpand Metals, Bitpanda swaps, Bitpanda to go, Bitpanda plus and Bitpanda Affiliates.

Bitpanda fee structure

The card deposit fee is about 1.5% of the total transaction.

Bitpanda charges a 1.49% fee for all cryptocurrency purchases and this amount includes in the offered price of the particular assets. A real-time feed will display when you are doing any cryptocurrency transaction.

The credit card processing fee does not indicate on the Bitpanda websites.

Some fees may charge the banks for exchanging currency, and card issues.

Bitpanda pros

Beginner-friendly user interface
Wide range of payment methods
Great security with 2FA
Mobile app for Android

Bitpanda cons

Fees are not indicating clearly
Few countries support

#5. Changelly

Changelly is instant cryptocurrency swaps and exchange service which is enabled buying Bitcoin with the credit card payments. Changelly supports varies cryptocurrency payments through the credit card such as Ethereum, Ripple, Litecoin, Basic Attention Token, etc.

Changelly is non-custodial service which means It not store user’s cryptocurrency on their platform and transaction are happening wallet address to wallet address.

Other than buying Bitcoin with credit card, Changelly provides crypto to crypto instant exchange through an intuitive interface.

Features and services

Fiat to crypto exchange service through the credit cards.

Instant cryptocurrency exchange service with a convenient commission fee of about 0.25% of the total transaction.

Changelly offers mobile apps for Android users.

Changelly fee structure

Changelly charges 5% of the total transaction made with credit card, and additionally, a 5% fee will apply for Simplex the Changelly credit card payment provider. These fees are indicated on their website.

Changelly pros

Beginner-friendly intuitive interface
Fast customer supports through live chat
150+ cryptocurrency buying with credit card
High exchange limits
Mobile apps for Android & iOS users

Changelly cons

Relatively high fees for the buying Bitcoin with credit card
Rates are a little higher of the actual market prices

#6. Bitstamp

Bitstamp is a UK based, industry-leading, professional cryptocurrency exchange which is operating since 2011. Bitstamp enables the credit card deposits and a few other popular fiat deposit methods. Bitstamp perfectly fit for the beginners and especially for the pro traders and institutions worldwide.

Feature, and Services

Bitstamp supports major payment methods such as credit cards, SEPA transfer, international wire transfers, etc.

Bitstamp provides high security with 99% funds store in cold storage facility and Personal data are highly encrypted.

Bitstamp owns a mobile app for Android and iOS with the ease of use intuitive interface. Also, it offers a secure cryptocurrency wallet with these apps.

Bitstamp also provides constant supports 24/7 for cryptocurrency exchange users and also, they will provide personal account managers for professional traders and institutions.

Bitstamp fee structure

Bitstamp charges a 5% fee for credit card deposits and may apply an additional fee of the card issuers.

The maximum trading fee will be 0.5% and It will decrease according to your 30-day trading volume.

Bitstamp pros

Intuitive interface
Mobile app for both Android, iOS
24/7 Constant customer support
Reasonable fees

Bitstamp cons

Supports EU countries and few other
Slow ID verification process

#7. Bitit

Bitit is a cryptocurrency broker and exchange which provides instant, easy and secure cryptocurrency buy/sell with major payment methods such as credit card, SEPA transfer, and cash vouchers. Which supports 50+ countries including the US, UK, Canada, Australia, etc.

Feature and Services

Major payment methods support such as credit card, SEPA transfers

Great security with a non-custodial feature, meaning you will receive your funds to personal wallet with a fast and secure way.

A wide range of crypto buying enables with credit card. Other than buying Bitcoin with credit card, you can buy Ethereum, Ripple, Binance coin, Bitcoin Cash, Monero, Stellar, Dash, and more with credit card.

Bitit fee structure

Bitit charges 3.9% fees of total transaction made with the credit card and there are no hidden transaction fees involving.

Bitit pros

Convenient, Transparent fee structure
Major crypto buying with credit card
The limit can be increased with the ID verification

Bitit cons

Supports the few countries
Poor customer service

#8. Coincorner

Coincorner has established the UK based, cryptocurrency broker and exchange operating since 2014 also, it supports buying Bitcoin, Litecoin, Ethereum and Ripple with credit cards.

Features and services

Coincorner supports major payment methods such as credit card, Bank transfer, SEPA transfer, Neteller, etc.

Coincorner provides Android and iOS mobile for easy user’s account management.

Near the future, Coinconer will introduce the Coincorner debit card.

Coincorner provides Bitcoin payment accept service which supports worldwide customers with a 1% fee for every transaction.

Coincorner fee structure

Coincorner charges 2.5% of the total deposit amount and then you need to buy Bitcoin, for that charges some fees.

Total amount less than 10EUR/GBP, the fee is 1EUR/GBP

Total amount more than 10EUR/GBP or equal to 25EUR/GBP, the fee is 1.5EUR/GBP

Total amount more than 25EUR/GBP or equal to 50EUR/GBP, the fee is 2EUR/GBP

Total amount more than 50EUR/GBP or equal to 200EUR/GBP, the fee is 3EUR/GBP

Total amount more than 200EUR/GBP, the fee is 1% of the total trade amount.

Coincorner pros

Beginner friendly and Simple interface
Android and iOS mobile ass for account management service
Major payment methods support

Coincorner cons

Low spending limits
Bitcoin buy/sell rates may higher actual market prices

#9. Luno

Luno is a secure, trusted cryptocurrency wallet service provider, exchange, and broker which is based in London UK. Luno supports within a European country, Indonesia, South Africa, Zambia and Nigeria which supports credit card, SEPA within Eurozone, iDeal, Sofort.

Feature, services, and products

Luno supports the major fiat payment methods such as credit card, SEPA within Eurozone, iDeal, Sofort.

Luno provides liquid asset trading exchange other than buying/selling Bitcoin.

Luno wallet is a trusted and secure wallet that can be used as a typical cryptocurrency wallet.

Luno has built the Android and iOS apps to help its users

Luno fee structure

Luno does not charge any fee for credit card depositing and the trading fee will apply which vary but Maximum 0.25% of the total transaction.

Luno pros

Beginner friendly and Simple user interface
Android and iOS app
Liquid exchange to buy Bitcoin as well as direct buying
Zero credit card deposit fee

Luno cons

Poor customer support
Supports the few countries

#10. eToro

eToro is a world-leading social copy trading platform that supports cryptocurrency, CFD, ETF, stock trading, Currencies, Commodities, etc. eToro is not providing Bitcoin withdrawal option to its user’s but you can buy/sell Bitcoin and other cryptocurrencies with confident.

Features and services

eToro supports so many cryptocurrency trading such as Bitcoin, Ethereum, Dash, Bitcoin Cash, Litecoin, EOS, IOTA, etc supports with fiat USD

eToro supports multiple payment methods such as PayPal, credit card, Wire transfer, Skrill, Web money, Neteller, China union pay, Giro pay, etc.

Other than trading Crypto, eToro supports other assets such as CFD, Commodities, ETF, Stocks, etc.

eToro has built the mobile app for Android and iOS

eToro fee structure

eToro credit card depositing is free of charge

eToro charges a 0.75% fee for the Bitcoin buy/sell trade and when considering other crypto assets, trading fees are extremely high.

eToro pros

Wide range of fiat payment methods
Wide range of cryptocurrency supports
Excellent customer supports
eToro has built the mobile app for Android and iOS

eToror cons

No withdrawal option for Bitcoin and other altcoins
Extremely high trading fee

What should I do after Buying Bitcoin?

After buying Bitcoin, you need to transfer your Bitcoins in to secure a personal wallet from the exchange or broker otherwise if you are a regular day trader of the Bitcoins.

Keeping Bitcoin or altcoin in exchange is not recommended because always there is an opportunity to hack the exchange.

What are best Bitcoin wallets?

Here is a list of best and secure Bitcoin wallets that you can use as your wallet to manage your Bitcoin and other crypto-assets.

 WalletTypePriceMulti-currency supportWebsite
Trezor oneTrezor
Hardware69 EUR and 149 EURYesVisit
Ledger Nano SLedgerHardware59 USD and 119 USDYesVisit
keepkey walletKeepkeyHardware79 USDYesVisit
bitpayBitpaySoftware and MobileFreeBTC, BCHVisit
edge appEdgeMobileFreeYesVisit
coinbaseCoinbase walletOnlineFreeYesVisit
blockchain walletBlockchain walletOnlineFreeYesVisit

Frequently Ask Questions – 10 Best Ways to Buy Bitcoin with Credit Card

Where can I buy Bitcoins with a credit card?

You can use any method to buy Bitcoin with credit described above. I recommend you to use Coinmama, Cex.io, and Coinbase exchange.

Can I purchase Bitcoin with credit card?

Yes, you can purchase Bitcoin with a credit card but it depends on countries’ regulatory status. Some countries do not allow Bitcoin purchasing with fiat currency like China. In this case, you have to look at P2P exchanges.

Where can I buy Bitcoins with a credit card in USA?

First option is Coinbase exchange, also, you can watch Cex.io exchange that supports many states in USA.

How can I buy bitcoins instantly?

You can buy Bitcoin instantly using the Changelly or ChangeNOW exchange but the fees are very high relative to the regular Bitcoin exchanges such as Coinbase, Cex.io

Conclusion-10 Best Ways to Buy Bitcoin with Credit Card

In conclusion, this article explains the 10 best ways to buy Bitcoin with credit card anywhere in the world, sometimes you can’t find the way to buy Bitcoin with credit card due to country online payment ban.

In case, you can try P2P exchange like LocalBitcoin, Paxful, and LocalCryptos.

Overall, Coinmama is the best option to buy Bitcoin with credit card because it is one of the easiest, popular, and trusted Bitcoin exchanges.

Other helpful readings,

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