10 Ways to Buy Bitcoin with a Credit Card

Last updated: 10/16/18

Today it’s getting much easier than it used to be to purchase Bitcoin with a credit card. The problem of chargebacks has been mitigated through anti-fraud companies, and more and more exchanges allow credit cards as a valid payment option. However, because of this, buying Bitcoins through this payment method will usually be more expensive than through methods that don’t allow chargebacks (e.g., wire transfer or cash).

Post summary

  1. Visit Coinmama.
  2. Choose the amount you want to buy.
  3. Submit your ID for verification.
  4. Enter your Bitcoin address.
  5. Enter your credit card details.
  6. The coins will be sent to your wallet.

Exchanges that allow Bitcoin purchases with a credit card

Coinmama
Supported countries:
Worldwide
Fees:
Low
Buying limits:
Low
Overall rating:
4.5 Star Rating
CEX.io
Supported countries:
Worldwide
Fees:
Low
Buying limits:
High
Overall rating:
4.5 Star Rating
Bitpanda
Supported countries:
Eurozone
Fees:
Low
Buying limits:
High
Overall rating:
4.5 Star Rating
Coinbase
Supported countries:
33 Countries
Fees:
Low
Buying limits:
Low
Overall rating:
4 Star Rating
LocalBitcoins
Supported countries:
Worldwide
Fees:
Low
Buying limits:
Depends on seller
Overall rating:
4.5 Star Rating
Bitstamp
Supported countries:
Worldwide
Fees:
Very low
Buying limits:
Low
Overall rating:
4.5 Star Rating
Coinhouse
Supported countries:
Eurozone only
Fees:
Low
Buying limits:
Low
Overall rating:
4 Star Rating
Indacoin
Supported countries:
Worldwide
Fees:
Low
Buying limits:
High
Overall rating:
4 Star Rating
Virwox
Supported countries:
Worldwide
Fees:
High
Buying limits:
Medium
Overall rating:
3.5 Star Rating
CoinCorner
Supported countries:
Multiple locations
Fees:
High
Buying limits:
Low
Overall rating:
4 Star Rating

Buy Bitcoin with a credit card at Coinmama

Pros: Good support, respectable company, fast service

Cons: Limited states in the United States

Overall rating: 4.5 stars

Coinmama specializes in Bitcoin purchases through a credit card. They take a premium fee for their services, and they do not limit you to a maximum amount of bitcoins that you can buy. Bitcoins are received instantly after your purchase confirmation, and support is pretty responsive.

Visit Coinmama     Read our review     Step by step guide

Buy Bitcoin with a credit card through CEX.IO

Pros: Veteran company, high buying limits

Cons: Support can be slow, Higher exchange rates than competition

Overall rating: 4.5 stars

Established in 2013, CEX.IO is a multifunctional cryptocurrency exchange trusted by over 2 million users. CEX.io works in the United States, Europe, and some countries in South America.

Visit Cex.io     Read our  review    Step by step guide

Buy Bitcoin with a credit card through Bitpanda

Pros: Multiple payment options, relatively low fees

Cons: EU citizens only

Overall rating: 4.5 stars

Bitpanda is an Austrian startup company that was founded in October 2014. The company allows you to buy bitcoins and a variety of other cryptocurrencies with a credit card as well as with wire transfers, Neteller, Skrill, SEPA, and more.

The company supplies its services to European countries only at a relatively low fee.

The daily limit for verified accounts is €2,500 (€75,000 monthly) for credit card purchases. For other payment options, the daily limit is €10,000 (€300,000 monthly).

Visit Bitpanda     Read our review    Step by step guide

Buy Bitcoin with a credit card at Coinbase

February 2018 update: Coinbase has cut off new credit card purchases for US customers. Debit cards are still an option on Coinbase.

Pros: User-friendly interface, relatively low fees, established reputation

Cons: Not available worldwide, support takes time to respond

Overall rating: 4 stars

Coinbase is the largest Bitcoin broker worldwide. It has over 20 million customers from 32 countries around the world. Coinbase charges a 3.79% convenience fee on all credit card transactions and is open to 32 countries around the world.

When buying more than $100 worth of bitcoins, you will receive an additional $10 bitcoin bonus.

Visit Coinbase     Read our review     Step by step guide

Buy Bitcoin with a credit card through LocalBitcoins

Pros: Wide variety of sellers, easy-to-use interface

Cons: Usually sellers will take higher fees for credit card purchases, possibility of scam

Overall rating: 4 stars

LocalBitcoins is a peer-to-peer marketplace for buying and selling bitcoins. You can think of it as eBay for Bitcoin. The site offers a wide variety of sellers that accept various payment methods, including credit cards.

The main issue when using LocalBitcoins is that you have to filter sellers wisely so that you won’t get scammed. This can be done by viewing a seller’s reputation and profile info. One thing to keep in mind is that if you’re new to LocalBitcoins, not a lot of sellers will want to do business with you since they’re likely afraid of scammers as well.

Visit LocalBitcoins     Read our review     Step by step guide

Buy Bitcoin with a credit card at Coinhouse

Pros: Reputable company, high buying limits

Cons: Limited countries available, higher exchange rates

Overall rating: 4 stars

Coinhouse is the “House of Bitcoin” in Paris. You can buy bitcoins by Visa, MasterCard, with cash, or with a Neosurf prepaid card, which is available in most European countries.

After confirming your account and confirming your identity, you will be able to purchase up to €2,000 worth of Bitcoin per day up to a maximum of €10,000 per month. The delivery of bitcoins is immediate after the confirmation of payment.

Visit Coinhouse . Read our review  Guide coming soon


Buy Bitcoins with a credit card through Bitstamp

Pros: Great reputation, multiple payment options, accepts customers worldwide

Cons: Average fees, verification process can take a long time, not very user friendly

Overall rating: 4 stars

Established in 2011, Bitstamp is one of the oldest and most reputable Bitcoin exchanges out there. The exchange is fully licensed by the Luxembourg ministry of finance. Bistamp accepts credit card purchases via Simplex.

At the moment, this service is open to most European and US citizens.

Visit Bitstamp     Read our review    Step by step guide

Buy Bitcoin with a credit card via IndaCoin

Pros: Good support, available worldwide

Cons: High fees

Overall rating: 3.5 stars

Indacoin is a UK-based exchange that allows users worldwide to buy bitcoins with a credit card. The minimum amount is $5, and the limit for the first month is $500. After 40 days, your monthly limit will be increased to $3,000.

In order to use your credit card, you’ll need to verify your phone number and your five-digit code which is on your credit card statement. The process is fairly simple, but I haven’t tried the exchange out myself, so I can’t vouch for it.

Even though the site states that it doesn’t charge any fees, its exchange rate is pretty high due to credit card processing.

Visit Indacoin     Indacoin review coming soon   Guide coming soon

Buy Bitcoin with a credit card through CoinCorner

Pros: Easy to use for beginners, supporting mobile app

Cons: High administration fees on deposits, not available worldwide

Overall rating: 4 stars

CoinCorner is a Bitcoin broker established in 2014, located in the Isle of Man. The exchange services several countries around the world. CoinCorner also has a supporting mobile app that allows you to send and receive bitcoins from your account using your mobile phone.

Visit CoinCorner     Review coming soon!    Guide coming soon

Buy Bitcoin with a credit card through VirWox

Pros: No verification needed, available worldwide

Cons: High fees, poor support, takes 48 hours to receive your bitcoins

Overall rating: 3.5 stars

Virwox is a virtual currency exchange established in late 2007 for the purpose of trading Second Life lindens (SLL) and other virtual currencies used in online gaming.

Currencies traded other than SLLs include Avination’s C$ and the Open Metaverse Currency (OMC).

In April 2011, VirWox started accepting Bitcoin and basically opened a loophole for people to buy bitcoins with PayPal by first purchasing SLLs via PayPal and then converting them to bitcoins. As of the writing of this post, the site has over 1 million registered users.

Visit Virwox     Read our review   Step by step guide

Step-by-step guides for each exchange

For your convenience, the following section includes step-by-step video and text guides for each exchange listed on this page.

CoinMama step-by-step guide

1. Get a Bitcoin wallet, as Coinmama doesn’t hold the bitcoins for you.

2. From Coinmama’s homepage, choose how many bitcoins you’d like to buy. Enter the price either in BTC, USD, or EUR. Alternatively, you can choose one of the offered packages.

Coinmama homepage

3. Click Buy BTC, and you will be taken to the sign-up page.

4. After you fill out your initial details, you’ll need to go through an additional verification by submitting a photo ID. Verification is usually pretty quick (it took me 1.5 hours to get verified). You can also buy up to $500 without completing the verification process. With verification, you can buy $5,000/day and up to $30,000/month.

5. Once you’re verified, you can buy bitcoins pretty easily with your credit card through the friendly interface. I suggest you use Visa or Mastercard since it’s the fastest option.

6. Next you’ll need to enter your own Bitcoin address.

Coinmama wallet address7. Finally, enter your payment details and place your order.

Coinmama payment


CEX.IO step-by-step guide

1. Open a CEX.IO account.

2. Click on Finance and Deposit next to the requested currency.

3. You’ll then have the option to either wire transfer the money or use your credit card to buy bitcoins instantly.

cex deposit

CEX.IO also offers instant withdrawals of USD, EUR, GBP, and RUB to payment cards, meaning you can deposit and withdraw funds in and from your payment cards once they’re linked to your CEX.IO profile.

Withdrawal requests are processed automatically right after their placement, and they do not require you to log in to any third-party services. In most cases, withdrawals are processed instantly, enabling you to gain convenient access to the funds on your Visa or Mastercard right away.


Bitpanda step-by-step guide


Coinbase step-by-step guide

1. Create a Coinbase account.

2. Go to Settings, then Payment Methods, and then click Add Payment Method.

coinbase credit card

 

3. Click Credit/Debit Card.

Coinbase credit / debit option4. Enter your card’s information.

5. Once the card is confirmed, you can go to Buy/Sell and buy your bitcoins.

6. The bitcoins will be sent to your Coinbase wallet.

Credit card purchases of Bitcoin are charged an additional 3.99% processing fee. In order to connect your card, you’ll need to verify your identity by uploading a government-issued ID.


LocalBitcoins step-by-step guide

1. Sign up to LocalBitcoins.

2. Search for a seller who accepts credit cards (unfortunately, there’s no “worldwide” search, so you’ll need to sift through different countries to find all sellers).

localbitcoins search

3. Verify that the seller has enough of a reputation, and read the terms of the trade.

4. Enter the amount you’d like to buy, and click Send trade request.

localbitcoins guide

5. Follow any additional requests as required by the seller.


Bitstamp step-by-step guide

1. Click on Deposit.

2. Choose Credit Card as your payment option.

bitstamp buy bitcoin

3. Deposit the required amount.

4. After the deposit is cleared, click on Buy/Sell.

5. Choose Buy BTC.

6. Enter the amount you want to buy and click on Buy BTC.

To finish your order, you’ll need to use a 3D Secure credit card. Also, some banks may consider your credit card deposit as a cash advance. If that’s the case, your bank or credit card provider may charge extra fees.


VirWox step-by-step guide

Note: The Virwox option is less intuitive and has more fees. In the past when there were no alternatives, it was a good workaround, but today I think you’re better off using one of the other options I’ve mentioned in this post.

  1. Go to VirWox and sign up:
    buy bitcoin with credit card
  2. Fill out your personal details. Where it says Avatar Name, you can just leave it at No Avatar. The avatar is taken from the game Second Life, and we don’t really need to link anything here.

    buy bitcoin with credit card

  3. Click Register.
  4. Next, you’ll get an email from VirWox with your temporary password. I strongly advise that you change that password, as you’ll be transferring money through this site.
  5. Log in to VirWox with your username and password, and deposit some money into your account. Click on the Deposit link on the left side, and go to the PayPal Express Checkout section. There you can choose how much money you’d like to deposit.

deposit money VirWox

There is a maximum amount of money you can deposit, but it will go up as soon as time goes by (the exact amounts are stated on VirWox’s homepage). After you enter the amount you want to deposit, just click the PayPal button.

If you have a PayPal account, you can just log in to it and make the payment. If you don’t have an account and want to pay with a credit card, you can just click the link that says “Don’t have a PayPal account?”

PayPal Deposit

Once you click that link, you can just enter your credit card information and deposit money to VirWox with your credit card.

Buy with PayPal

After the deposit clears, the money will show on the top left side in VirWox on your USD balance.

Now it’s time to buy some Bitcoins. The first step you’d be doing is buying SLL with your USD. Go to the SLL/USD and select how many SLL you want to buy according to the current conversion rate.

Buy With SSL

In the picture above, I don’t have enough USD to buy SLL, but if you’ve followed the steps correctly so far, you’ll see the amount of SLL you can buy with your USD.

After you’ve bought SLL, they’ll show up in the top left side (you can see mine on the top left in the former picture). And now it’s time to exchange these SLLs for BTC.

Go to the SLL/BTC exchange, and exchange as many SLLs as you’d like.

Exchange grapgh

After the exchange clears, you’ll see the bitcoins showing up in your account on the top left as well. The last step that’s left is to withdraw the bitcoins into your wallet.

Click on Withdraw on the left side, and you’ll be able to enter a Bitcoin address that you can send your newly acquired bitcoins to.

Withdraw Bitcoins

After the transaction is approved (this can take up to 48 hours but usually takes around two), you’ll see the bitcoins in your wallet.


Conclusion: How do I know which exchange to use?

It can be kind of hard to decide which exchange is the best platform for buying your bitcoins because there are so many of them. That’s why we also created our best bitcoin exchange comparison page to make things easier for you.

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.

If you have any more questions or comments about the methods I just described, leave me a comment below.

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Lana
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Lana

I can recommend IncoreX exchange. At this exchange there is an opportunity to replenish deposits and withdraw funds through payment bank cards, with minimal fees.

Trelo
Guest
Trelo

I can recommend for you linkkoin.com, low fees, fast verification and payment with credit card.

Badir
Guest
Badir

I use easybtc1.ca but you need to buy a prepaid visa or a flexepin voucher. I prefer the prepaid visa because almost every store has them and usually when I ask for flexepin the clerk just stands there with a dumb look on his face lol

ALT
Guest
ALT

For multiple payment option I use the Eewallet ***Link Removed*** Amazing online payment platform, you should try this.

Deanna
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Deanna

Coinbase as of February is “not currently accepting credit cards”. My husband bought with credit card bitcoin through them last year to invest. We tried to do so again this past weekend, 2/17/2018 and were told that they don’t do that right now despite the fact that his credit card was linked to his account.

mandy
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mandy

If you don’t have bitcoin, I’ll suggest for coinbase, it’s simple, trustworthy (Million+ users, same credentials can be used on gdax.com and can do crazy stuff).
Referral link for coinbase: **affiliate link removed**

Rob
Guest
Rob

Can I buy Bitcoin from Coinmama and Transfer it to Coinbase???

Akbar
Guest
Akbar

It’s been a week now coinmama says still under review my verification.. so if they take week for a verification how can they send me btc in hours.. it’s immposible sorry but that’s true

RonJ
Guest
RonJ

Your top three prices of exchange rate are something else at coincapio price was real-time say 13.5K COINBASE 14.6 COINMAMA 14.9 AND CEX.IO 16.9K I wold not buy from the last two on principal shady how they don’t list live price.

Lateef Abiodun
Guest
Lateef Abiodun

Great tips! If you need to purchase bitcoin or Ethereum fast, buy it with a credit card or debit card at CoinMama.

There’s no hidden charges and you’ll get live pricing.

It is available in 226 countries worldwide, and also accepts all local currencies.

**affiliate link removed**