Have you 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 our 10 top picks for platforms and exchanges to buy Bitcoin with a credit card. We’ve compared each platform to find the best Bitcoin credit card purchasing method to suit your needs.

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.

Pro tip: To find the best exchanges to buy Bitcoin, check out The Best Bitcoin and Crypto Exchanges guide.

How to Purchase Bitcoin with a Credit Card

Buying Bitcoin instantly with a credit card can seem confusing, especially for newcomers. While the exact process may differ slightly from one platform to the next, the steps below will give you a solid understanding of the typical process.

Step 1: Pick a Reliable Crypto Exchange

Begin by choosing a trusted exchange or wallet that accepts credit cards and offers competitive transaction fees. Well-known options such as Exodus, Coinbase, Binance, and Kraken are good places to start due to their ease of use. Before deciding, consider factors like user experience, supported currencies, fees, and security.

Step 2: Sign Up and Verify Your Identity

Create an account on the platform of your choice and complete any identity verification (KYC) requirements.

Step 3: Add Your Credit Card

In your account’s payment settings, click “Add Payment Method.” Select “Credit Card” and input your card details, including your card number, expiration date, and CVV code. Remember that some exchanges might request additional verification for credit card transactions.

Step 4: Make Your Bitcoin Purchase

Navigate to the platform’s “Buy/Sell” section. Choose Bitcoin (BTC) from the list of available cryptocurrencies. Enter the amount you wish to purchase, either in Bitcoin (e.g., 0.1 BTC) or your local currency (e.g., $100). Select your credit card as the payment method. Some exchanges may require you to first purchase fiat currency, while others allow direct Bitcoin purchases using your credit card.

Step 5: Confirm and Complete Your Purchase

Double-check the transaction details, including the amount of Bitcoin and any fees. Once you’re ready, click “Confirm” or “Buy.” Depending on the platform or your bank’s security measures, you might need to complete additional steps, like two-factor authentication. After the process is verified, your Bitcoin will be credited to your wallet on the exchange.

Keeping Bitcoin Safe

Given Bitcoin’s volatile nature, it’s important to stay informed about market movements and prioritize safety when buying with a credit card. Keep an eye on fees, and always follow best security practices.

For better security, consider transferring your Bitcoin to a hardware wallet or a secure software wallet like Exodus. This provides stronger protection against potential hacks. Check out our beginner’s guide on safeguarding your Bitcoin for more details.

Buying Bitcoin with a Credit Card Summary

Buying Bitcoin with a credit card typically means following the steps below:

1. Visit your chosen platform and create an account
2. Choose the amount you want to buy
3. Complete any required KYC information
4. Enter your Bitcoin address
5. Enter your credit card details
6. Make your purchase
7. The coins will be sent to your wallet

Top 10 Picks for Bitcoin Credit Card Purchases

Below are our top picks for buying Bitcoin with a credit card. There are options here that will cater to all experience levels, from experienced traders to complete beginners.

1. Binance — The world’s largest exchange. Binance has a wide range of payment options, including credit cards and debit cards. You’ll need to sign up and then provide KYC information to verify your identity and then you can buy Bitcoin with a credit card.
2. ChangeNOW — An instant crypto exchange (CEX) that offers simple, fast, and secure crypto swaps.
3. Changelly — An instant crypto exchange with aggregated prices so you can find the best buy Bitcoin deal on the market.
4. Exodus — Primarily a non-custodial wallet, Exodus offers third-party services for buying Bitcoin with a credit card.
5. Switchere — Authorized by the EU, Switchere is an online exchange based in Switzerland that offers instant swaps.
6. Paxful —  A global Peer-to-peer exchange, Paxful offers credit card support for purchases. 
7. Coinhouse — Coinhouse is a French crypto merchant that has been around since 2015.
8. Kraken — This exchange has been around since 2011, and is well established platform in the crypto exchange market. 
9. Bitpanda — A trading platform based in Austria, Bitpanda’s aim is to provide easy routes for its customers to buy and sell Bitcoin and other crypto.
10. Coinbase — The best platform for beginners. As the largest exchange in the US, Coinbase is a well-regarded platform across the world.

Binance – The World’s Largest Exchange

Binance has grown to become the biggest crypto exchange in the world in terms of popularity and trading volume. Previously a crypto-only exchange, Binance has accepted credit card payments since 2019. 

Users can make a direct payment through themselves and third parties (such as the popular payments processor Simplex).

How to Buy Bitcoin Using a Credit Card on Binance

1. Register for a Binance account: Go to the Binance website and click register. Follow the steps to create an account.
2. Complete verification: Complete any KYC requirements. This typically requires you to use a form of ID, such as a passport or driving license to prove your identity as part of Binance’s compliance requirements.
3. Select the Buy Crytpo option: Choose the debit/credit card payment option. Enter your card details and buy your Bitcoin.

You will now have your Bitcoin in your exchange wallet. You can choose to transfer this to your own wallet or keep it on Binance’s hot wallet.

ChangeNOW – Simple and Easy to Use

ChangeNow offers one of the quickest and simplest ways to buy Bitcoin with a credit card. With a simple and intuitive layout, the crypto exchange offers one of the easiest customer journeys on the market.

Like the other platforms featured here, you will need to pass KYC requirements, so you will need to sign up with proof of address and an ID document such as a passport or driving license.

You will also need a Bitcoin wallet to enter where you want your Bitcoin sent.

How to Buy Bitcoin Using a Credit Card on ChangeNOW

1. Register for a ChangeNOW account: Go to the ChangeNOW website and sign up to the platform.
2. Click the Buy/sell crypto button.
3. Enter your wallet details and send your Bitcoin to your wallet address.

Changelly – Aggregated Fees For Choosing the Best Rate

Changelly offers low fees of around $5 to buy Bitcoin with a credit card. With transactions settled in under 10 minutes and 24/7 customer support, Changelly is one of the best options for buying Bitcoin with a credit card.

Changelly will show you the offers for Bitcoin sellers from their list of third parties. You can then choose the best rate to get the best deal and maximize your bang for your buck.

How to buy Bitcoin Using a Credit Card on ChangeNOW

1. Sign up to the platform and follow the steps.
2. Click the ‘buy button’ and select the debit/credit card payment option.
3. Enter your Bitcoin wallet details.
4. Receive your BTC in your wallet.

Exodus – DEX and Fiat On-Ramp Platform

Launched in 2016, Exodus is a non-custodial cryptocurrency wallet with nearly a million active users a month. Exodus offers both a DEX (decentralized exchange) and a fiat on-ramp. This allows you to buy Bitcoin with a credit or debit card. Exodus however does use a third-party provider for this so fees can vary. 

Exodus has support for over 50 networks meaning users can store a huge range of crypto tokens and coins. You can also integrate it with Trezor for added security and use it to access Web3 dApps with the browser extension.

How to Use Exodus

1. Download the Exodus app and open an Exodus account.
2. Click on “Buy Crypto” which is represented by a dollar icon. 
3. You’ll then have the option to select your payment method, here you can choose credit card. 
4. Choose Bitcoin as the crypto and enter the amount you want to purchase.
5. Complete the transaction and Bitcoin will be added to your Exodus wallet within 10-20 minutes. 

Switchere – Buy Bitcoin Instantly with Low Fees

Switchere is known for its user-friendly interface and competitive rates when purchasing Bitcoin with a credit card. The platform is ideal for beginners due to its intuitive design and fast onboarding process. Switchere offers instant purchases, with Bitcoin delivered directly to your wallet once the transaction is complete.

How to Buy Bitcoin Using a Credit Card on Switchere:

1. Visit the Switchere website and create an account.
2. Complete the KYC process by submitting required documents like ID and proof of address.
3. Choose the amount of Bitcoin you want to buy.
4. Enter your credit card details and Bitcoin wallet address.
5. Confirm your transaction, and the Bitcoin will be delivered instantly to your wallet.

Paxful – Peer-to-Peer Bitcoin Marketplace

Paxful is a peer-to-peer marketplace that allows you to buy Bitcoin directly from sellers. It offers multiple payment methods, including credit cards, and lets you choose from a variety of sellers offering different rates. Paxful is decentralized, meaning you buy directly from other users, giving you flexibility in finding the best deal.

How to Buy Bitcoin Using a Credit Card on Paxful:

1. Register for a Paxful account.
2. Browse sellers accepting credit card payments.
3. Select a seller with favorable rates and click “Buy.”
4. Complete the payment process using your credit card.
5. Your Bitcoin will be sent to your Paxful wallet, from where you can withdraw it to your personal wallet.

Pro Tip: Check our full guide on Paxful to see all the features and benefits offered by the platform: Paxful Review (2024 Updated) – Is It Legit or a Scam?

Coinhouse – Europe’s Trusted Bitcoin Exchange

Coinhouse, based in Paris, is a regulated cryptocurrency platform that allows users to purchase Bitcoin with a credit card. It is particularly popular in Europe due to its compliance with strict regulatory standards. Coinhouse offers a secure and transparent way to buy Bitcoin, with customer service readily available.]

How to Buy Bitcoin Using a Credit Card on Coinhouse:

1. Create a Coinhouse account.
2. Verify your identity through the KYC process.
3. Choose the amount of Bitcoin you wish to purchase and select the credit card option.
4. Enter your Bitcoin wallet address.
5. Complete your purchase, and the Bitcoin will be transferred to your wallet.

Kraken – Advanced Features for Experienced Traders

Kraken is one of the longest-running cryptocurrency exchanges and offers a wide range of features for both beginners and experienced traders. While Kraken mainly targets professional traders, it also provides the option to buy Bitcoin with a credit card. Its high liquidity and low fees make it a top choice for larger transactions.

How to Buy Bitcoin Using a Credit Card on Kraken:

1. Register for a Kraken account and complete the KYC process.
2. Navigate to the “Buy Crypto” section and select “Credit Card” as your payment method.
3. Enter the amount of Bitcoin you want to purchase and your credit card details.
4. Confirm the transaction, and the Bitcoin will be added to your Kraken wallet.

Bitpanda – User-Friendly Platform for European Traders

Bitpanda is an Austrian-based cryptocurrency exchange that offers an easy-to-use platform for purchasing Bitcoin with a credit card. Bitpanda focuses on making crypto purchases accessible to European users by offering low fees and a wide range of payment methods, including credit cards.

How to Buy Bitcoin Using a Credit Card on Bitpanda:

1. Sign up for a Bitpanda account.
2. Complete the verification process with your ID.
3. Select the “Buy Crypto” option and choose Bitcoin as your preferred currency.
4. Enter your credit card details and the amount of Bitcoin you want to buy.
5. Confirm your purchase, and the Bitcoin will be transferred to your Bitpanda wallet.

Coinbase – Best for Beginners

Coinbase is one of the most popular exchanges globally, particularly favored by beginners. It offers a simple and intuitive interface for buying Bitcoin with a credit card, along with strong security features. Although the fees are slightly higher than on some other platforms, Coinbase is trusted for its reliability and regulatory compliance.

How to Buy Bitcoin Using a Credit Card on Coinbase:

1. Create a Coinbase account.
2. Verify your identity as part of the KYC process.
3. Navigate to the “Buy/Sell” section and choose Bitcoin.
4. Select the “Credit Card” payment method and enter your card details.
5. Once the transaction is completed, your Bitcoin will be stored in your Coinbase wallet.

These platforms offer various features and benefits, so when purchasing Bitcoin with a credit card, choose the one that best suits your needs.

Risks of Buying Bitcoin with a Credit Card

Buying Bitcoin with a credit card can carry risks that you should consider:

High Fees: Credit card transactions can incur higher fees compared to bank transfers, which can cut into the funds used to buy Bitcoin.

Regulatory Scrutiny: Transactions involving cryptocurrencies are increasingly under regulatory scrutiny. Using a credit card might attract attention from financial institutions or regulatory bodies.

Debt Risk: Using credit to purchase Bitcoin can lead to high-interest debt, especially if the investment doesn’t yield the expected returns.

Can You Buy Bitcoin Anonymously with a Credit Card?

Buying Bitcoin anonymously with a credit card is quite challenging. Most reputable exchanges require identity verification to comply with KYC (Know Your Customer) regulations. You’ll likely need to provide personal information, including your name and address, to complete the purchase. 

While some platforms may allow smaller, unverified transactions, these often come with higher fees and risks, including potential scams or unreliable exchanges. Thus, anonymity is limited when using a credit card for Bitcoin purchases.

Pro tip: For more options for buying Bitcoin anonymously, check out our full guide on Buying and Using Bitcoin Anonymously Without ID (Updated 2024)

Is a Credit Card the Best Way to Buy Bitcoin?

While credit cards offer convenience and immediate access to Bitcoin, they are not always the best option for every investor. Here are some points to consider:

Speed and Convenience: Credit cards allow for quick transactions, making it easy to buy Bitcoin when the price is favorable.

Higher Costs: The fees associated with credit card transactions can make this method less cost-effective compared to bank transfers or other payment methods.

Risk of Debt: Using credit can lead to debt accumulation if Bitcoin’s value decreases and investors are unable to repay their credit card balance.

Market Volatility: Given Bitcoin’s volatility, buying with a credit card can lead to rushed decisions based on market fluctuations.

Ultimately, the best method for purchasing Bitcoin depends on individual circumstances, including risk tolerance, investment strategy, and the importance of transaction speed. For many, alternatives like bank transfers or peer-to-peer platforms may offer a safer and more economical way to invest in Bitcoin.

FAQs

Do Bitcoin ATMs accept Credit Cards?

The vast majority of Bitcoin ATMs accept only cash or debit cards as payment for Bitcoin (due to chargeback issues). You will not be able to pay with your credit card at a Bitcoin ATM.

How can I buy Bitcoin with a Visa?

All of the exchanges listed on this page accept Visa cards as a form of payment.

How can I buy Bitcoin with a Discover Card?

Most exchanges accept Visa and Mastercard. However, some exchanges like Paxful accept Discover Cards as well.