How To Buy Bitcoin With Your Credit Card

If you’ve made up your mind about investing in cryptocurrency, you’re probably wondering how to proceed. Buying bitcoins through a credit card used to be a confusing and complicated process. However, Bitcoin has now become the face of mainstream finance technology, and it is now easier to buy them. Read below to know more about buying bitcoins through credit card and the best places to buy them from.

Disclaimer: Before buying bitcoins, make sure that you already have a Bitcoin wallet ready on hand. Under no circumstances, whatsoever, should you leave your bitcoins on any of the exchanges below. For your own protection, move your bitcoins to your wallet immediately after purchase.


This 2018, the option to buy cryptocurrency through credit cards has been modified for easier purchase. Digital currency exchanges all over the world will now happily take your credit card. However, there still may be certain restrictions depending on which exchanges you wish to buy from. Some exchanges would only accept Visa and Mastercard for example.

Purchasing bitcoin through your credit card also involves specific charges, and sometimes may even be costlier than buying directly through your bank. This is because most sellers want to avoid the risk of chargeback issues. These rates and charges range from 3.99 to 6 percent and apply to debit card purchases as well.

But before you can actually start buying bitcoins through your credit card, you must first check if your bank or credit card company is actually willing to verify your purchase. Otherwise, your transaction will not follow through, and you will end up with nothing. Discover, for example, bans cryptocurrency purchases to their customers and has been doing so since 2015.

Why Use A Credit Card To Purchase Bitcoin?

Buying Bitcoins using a credit card is a faster and more convenient way of obtaining the cryptocurrency. Using other methods may take a while for the bitcoins to reflect on your wallet. If you use a bank account, for example, it will take 3-8 days to receive your cryptocurrency.

3 Exchanges That Will Accept Your Credit Card

These cryptocurrency exchanges are some of the best places to buy your bitcoins from. We listed their rates, purchase limits, and purchase guides to help you get your hands on your first bitcoins.

  • Coinmama

Coinmama is one of the most popular digital currency exchanges in the United States. What is great with this exchange is that it specializes in debit card and credit card bitcoin purchases. This means that they offer the best credit card purchase deals around.

  • Charge rate: 6%
  • Bitcoin Purchase Limit: $5000/day and $20,000/month
  • Availability: Some US States only
  • Steps to buy:
  1. Open an account and log in
  2. Click “Buy Bitcoins” at the Navigation Bar
  3. Select Credit Card method
  4. Enter Bitcoin Wallet Address
  5. Enter billing information and address
  6. Enter credit card information
  7. Verify phone number and email address
  8. Upload ID verification and wait to be verified
  9. Wait for confirmation email

One of the oldest Bitcoin exchanges, and works in Europe and South America apart from the United States.

  • Charge rate: 3.5%
  • Bitcoin Purchase Limit: $400/day and $2,000/month
  • Availability: Some US States only
  • Steps to buy:
  1. Open an account
  2. Link credit card
  3. Transfer funds
  4. Purchase bitcoins
  5. Bitcoins are credited to your CEX.IO balance

Note: has an extensive verification process and may take up to 30 minutes to complete.

  • CoinCorner

CoinCorner is unique from the other two exchanges above in its convenience and ease of use. They do not require documents to be uploaded. It also does not need account verification. CoinCorner also has their own mobile application and built-in wallet.

  • Charge rate: 3.5%
  • Bitcoin Purchase Limit: Variable
  • Availability: Some US States only
  • Steps to buy:
  1. Sign up
  2. Fund your account using a credit card.
  3. Buy bitcoins instantly.

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