27 Exchanges for Buying Bitcoins with Credit Card (2017 Updated)

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Buying Bitcoins with a credit card – 9 exchanges reviewed (plus a list of 18 more…)

  • Bitcoin exchanges

  • Fees
  • Buying Limits
  • Available worldwide?
  • Reputation
  • Support
  • Overall grade
  • Additional info
  • Coinbase

  • coinbase
  • 3.75%
  • $150/week
  • click this link to see what countries are available33 countries supported
  • This company is well known throughout the Bitcoin communityGood
  • Users have reported long waiting times for customer service responsePoor
  • A
  • Click to read
  • CoinMama

  • coinmama
  • 5%
  • $150
  • Worldwide
  • This company is well known throughout the Bitcoin communityGood
  • Most users are happy with the customer support of the company Average
  • A
  • Click to read
  • Coinhouse

  • coinhouse
  • 10%
  • €500/day
  • France only
  • Average
  • Most users are happy with the customer support of the company Good
  • B+
  • Click to read
  • 247 Exchange

  • 247exchange
  • The fees are incorporated inside of the exchange rateUnclear
  • $100/daily
  • Worldwide
  • Average
  • Most users are happy with the customer support of the company Good
  • B+
  • Click to read
  • Virwox

  • virwox
  • High (actual number varies)
  • €900/month
  • Worldwide
  • This company's reputation varies in the Bitcoin communityAverage
  • Customer support is responsive but briefAverage
  • B
  • Click to read
  • Cex.io

  • cex
  • Average (actual number varies)
  • €300/day
  • US, Europe, S.America
  • This company is well known throughout the Bitcoin communityGood
  • Most users are happy with the customer support of the company Good
  • B
  • Click to read
  • IndaCoin

  • indacoin
  • The fees are incorporated inside of the exchange rateUnclear
  • $100/first buy
  • Worldwide
  • This company's reputation varies in the Bitcoin communityAverage
  • Most users are happy with the customer support of the company Good
  • B-
  • Click to read

As 2016 reaches its second half it seems easier than ever to buy Bitcoins with your credit card. The only issue is knowing from who to buy. In this post I’ll cover all known (legit) methods to buy Bitcoin with a credit card.

Just for general knowledge, the reason that buy Bitcoins with a credit card isn’t available all around is due to chargeback issues that most sellers wish to avoid (for a detailed explanation look here). So many exchanges need to protect themselves in order to offer this service and not all of them have the technology to do so.

Before I explain the different methods one word of warning. NEVER leave your Bitcoins at an exchange or a website. Once you purchase Bitcoins from any of the methods explained below move them into your Bitcoin wallet immediately. If you still don’t have a Bitcoin wallet you can compare the different wallets here. So make sure to get this step out of the way before buying your Bitcoins.

Buy Bitcoins with a Credit Card at Coinbase

Pros: User friendly interface, Relatively low fees, Established reputation

Cons: Not available worldwide, Support takes time to respond

Overall rating: A

Click here to visit Coinbase

 

On March 2016 Coinbase has added the option to buy Bitcoins with a debit or credit card on their exchange.

coinbase credit card

To get started, sign in and visit the payments method page (under "Settings"). Click “Add Credit / Debit Card” to add your card. You will now be able to use this card in order to make your next payment and receive your Bitcoins instantly.

Coinbase credit / debit option

Debit card purchases are free of charge but credit card purchases of Bitcoin will be charged an additional 3.75% processing fee. In order to connect your card you will need to verify your id by uploading a government issued id. After verification you can instantly buy Bitcoins with your credit card on Coinbase.


Buy Bitcoins with a Credit Card at CoinMama

Pros: Good support, respectable company

Cons: Limited countries in the US , limited to $500 per purchase

Overall rating: A

Click here to visit Coinmama

CoinMama specializes in Bitcoin purchases through a credit card. They take a premium fee for their services but  they do not limit you to a maximum amount of Bitcoins that you can buy. You can buy up to $500 worth of Bitcoin without verification (verified accounts can buy $1000/daily and up to $5000/month). Another good feature CoinMama offers is that once you place your order with them your price is reserved. So if the Bitcoin price goes up until you finish the payment process you will be unaffected.

From Coinmama's homepage you can choose how many Bitcoins you'd like to buy / sell. You can enter the price either in BTC or in USD or choose one of the offered packages.

coinmama homepage

Once finished, click "buy Bitcoins" and you will be taken to the sign up page. After you fill out your initial details you will need to go through additional verification by submitting a photo ID document. Verification is usually pretty quick (it took me 1.5 hours to get verified). You can also buy up to $500 without doing the verification process. With verification you can buy $1000/daily and up to $5000/month.

Once verified you can buy Bitcoins pretty easily with your credit card through the simple interface. If you verified your address I suggest you use "Visa, Mastercard via Simplex" since it's the fastest option. If you want to continue without verification you can use the "MoneyGram" option. You can then pay the amount with your credit card on MoneyGram's website (this is applicable to US residents only).

buy bitcoins coinmama

The next step will be to enter your own Bitcoin address. Unlike other exchanges CoinMama doesn't keep your Bitcoins on their wallet (which is a good thing). This means you'll need to get a Bitcoin wallet before continuing.

daily order limit coinamama

 

The last step will be to enter your payment details and place your order.

coinmama bitcoin order

Coinmama uses the services of Simplex allowing merchants to sell Bitcoins via credit cards as a payment method. I'll probably be doing a more in-depth review of Coinmama soon as it has become quite a popular method for buying Bitcoins.


Buy Bitcoins with a Credit Card at Circle

IMPORTANT: Starting from December 7th 2016 Circle no longer allows the option of buying or selling Bitcoins through their services. They are now referring all of their customers to Coinbase.

Pros: Instant purchase, easy interface, respectable company

Cons: US only, limited to $ 300 a week

Overall rating: A

November 2016 update: Circle is currently not accepting any new credit card sign ups.

If you leave in the US then your best option would probably be Circle. Circle is a very well respected company that will take a 3% fee for your purchases (pretty cheap compared to the alternatives)

1. Create a Circle Account

Go to Circle and open an account. You'll need to enter some personal information like your phone number in order to protect your account later on.

2. Add your credit card

Go to "settings" -> "Cards and banks" and choose "Add your debit card" (even if you're using a credit card). You will then have the option to add your credit card.

add credit card circle

Add you card information on the next page and you're almost good to go.

3. Purchase Bitcoins from Circle with your Credit Card.

On the main screen (account) click on "Buy Bitcoins" and you should see the coins in your balance instantly. Keep in mind that if you're new to Circle you can only buy up to $ 300 per week. If you add additional information you can increase the limit to $ 3000 per week.



Buy Bitcoins with a Credit Card Through VirWox

Pros: No verification needed, available worldwide

Cons: High fees, poor support

Overall rating: B

Click here to visit Virwox

Virwox's option is less intuitive than Coin.mx and has more fees. However it is possible to get you Bitcoins within 48 using this method.

Because of chargeback risk Virwox is taking on themselves they are limiting the amount you can deposit initially through Paypal or a credit card, here are the exact limits according to their website from April 30th 2015.

virwox limitations

The first thing you'd want to do is go to VirWox. VirWox is a Virtual World Exchange which was originally setup to trade Second Life Lindens - a virtual currency also known as SLL. We are going to use VirWox as a mediator in order to purchase Bitcoins with a credit card since most places won't allow you to do this as I've mentioned in the beginning of the post.

So After you've entered  VirWox you're going to need to sign up. There's a link on the top left that says "Not registered yet ?". You can see it here:

buy bitcoin with credit card

Then all you need to do is to 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

Once you've entered all of your information you can just click "Register". The next thing that will happen is that you will get an email from VirWox with your temporary password. I strongly advise you to change that password since you will be transferring money through this site.

Once you get that email just log into VirWox with your username and password. The first thing you will need to do now is to deposit some money into your account. Just 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 would like to deposit.

deposit money VirWox

Note that there is a max 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). So after you enter the amount you want to deposit just click the "PayPal" button.

You will now move on to the PayPal payment page. If you have a PayPal account you can just log into it and make the payment. If however you don't have an account and want to pay with a credit card you can just click the link "Don't have a PayPal account ?".

PayPal Deposit

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

Buy with PayPal

After you deposit the money it 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. Just 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'd see the amount of SLL you can buy with your USD.

After you've bought SLL they will also 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 into BTC. So go to the SLL/BTC exchange and just exchange as many SLLs as you'd like.

Exchange grapgh

Important!!!

Sometimes a manual review will be required by VirWox after this step. This can take up to 48 hours but usually takes around 6 hours. I get a lot of emails from people who sort of "panic" at this stage thinking they will never get their money back. Sit tight, and if after 48 hours nothing happens email Virwox's support ([email protected]).

After you'll exchange them you will 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 our wallet. So just click on "Withdraw" on the left side and you will be able to enter a Bitcoin address that you can send your newly acquired Bitcoins to.

Withdraw Bitcoins

After the transaction will be approve (this can take up to 48 hours but usually takes around 2) you will see the Bitcoins in your wallet.

Buy Bitcoins with a credit card through CEX.IO

Pros: Reputable company, high buying limits

Cons: Limited countries available, relatively new exchange

Overall rating: B

Click here to visit Cex.io

There is an option to buy Bitcoins using your credit card at the CEX.IO bitcoin exchange. Established in 2013 as the first cloud mining provider, CEX.IO has become a multi-functional cryptocurrency exchange, trusted by over 450,000 users. The company also runs Ghash.io - the largest Bitcoin cloud mining exchange.

After opening an account just click on "Wallet" and "Fund" next to the request currency. You will then have the option to either wire transfer the money or use your credit card to get your Bitcoins instantly

cexio bitcoins credit card

Cex.io also offer instant withdrawals of USD, EUR, and RUB to payment cards.This means you can deposit and withdraw funds in and from your payment cards once they are linked to your CEX.IO profile.

Withdrawal requests are processed automatically, right after their placement, and you do not need to log in to third party services. In most cases, withdrawals are processed instantly, and this will enable you to gain convenient access to withdrawn funds on your Visa/MasterCard right away.

3 Additional Bonus Option:

Buy bitcoins with a credit card via IndaCoin

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

In order to use your card you will need your 5 digit code which is on your credit card statement and to verify you phone number. The process is seems fairly simple however I have not tried this exchange out myself so I can not vouch for it.

indacoin credit card bitcoin

Even though the site states that they do now charge any fees, their exchange rate is pretty high due to credit card processing. At the time of writing this post 1 Bitcoin is sold for around $297 while the Bitstamp exchange rate is $245.  Such a premium is considered high even for credit card payments.

Buy Bitcoins with a credit card through 247Excahnge

(Worldwide, verification needed)

247Exchange has been around since 2014 and it allows you to buy Bitcoins with either a wire transfer or a credit card. The rates on the site are pretty descent but the buying process is a bit cumbersome. I recently tried to purchase Bitcoins at the exchange and had a hard time completing the transaction.

247exchange buy bitcoins

Having said that the business seems to be pretty legit and has a good reputation online. The good thing about the exchange is that it shows you all fees before hand so you don't get surprised by the final charge amount as may happen sometimes with different exchanges.

If all other options fail this is a good fall back for buying Bitcoins with your credit card.

Buy Bitcoins with a credit card through FXOpen

If all else fails you can use FXOpen to buy Bitcoins with your credit card. Although FXOpen isn't a Bitcoin exchange per se, you can deposit money through your credit card and then withdraw it to Bitocins. Keep in mind that through this option verification will be required, the fees will be about 4% and FXOpen will hold your funds for the first 30 days.


And if you still haven't find the right method for you

There are 18 more exchanges that will let you buy Bitcoin with your credit card. Since I can't possibly review here's a complete list of all credit card accepting Bitcoin exchange.

So how do I know which exchange to use ?

It can get 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 the process easier for you.

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

Find the best exchange to buy Bitcoins


Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

45 Comments

  1. Hi there

    I line in Panama and am presently looking into purchasing some bitcoin to start my cryptocurrency investment package. What is the safest way to purchase will living in Latin America. I am an ex at Canadian so my bank accounts are located in Canada.

    Thanks

  2. I like CoinMama because of their feature of reserving the price. I always seem to want to buy when the price is almost ready to go down so without this feature I would have lost a lot of money.

  3. Thanks to everyone for their comments!

    I have a 30 dollar prepaid visa and i want to use Circle to exchange it for bitcoin … its seems the simplest to me.

    My hesitation is negative reviews that I have read, but they were all from 2014. I’m hoping to find someone with recent experience with Circle, who can say it went smoothly and that they would use it again.

    Thanks

  4. If buying bitcoin with my local currency credit card at what rate will i be charged, will it be the same rate at google

    • It depends from which exchange you buy the Bitcoins from. Each exchange has its own exchange rate so you will have to ask the specific exchange you want to buy from.

  5. Alex Steiner on

    It would be cool to have a guide for Bitcoin to credit card, there already are a few websites that offer this service like cointocard.co or coinomat

  6. Your 100 free bits is so hard to get.. Email .. forward.. email again? so confusing..
    I was told it was different previously..
    guess things don’t get easier around here.

    • It was different, but because of so many scammers we had to change it again and use an actual person to send out the bits. That’s why it’s so hard. Sorry about that but we would go bankrupt if this wasn’t the process..

      • I understand. No issue. Just giving feedback on the process.
        I totally understand how difficult it is to prevent scammers. Even if u totally remove the freebie i would understand.
        But having said that, email, forward, etc is not a good process.. so much work for a freebie. Freebie spread through word of mouth. At least that’s how i got here. So i won’t help spread the info of this freebie because i don’t find it worth the time/effort unlike the friend of mine that told me about the site.
        All in all, it’s all about effort , reward, etc..
        I’m not here to debate/flame/beg for anything. Just sharing my 5 cents.
        Good luck to you,
        Trevor

        • Yeah I agree, it can get cumbersome at times. I’m trying to figure out a better way of doing it without “human interaction” but haven’t figured it out yet. Would appreciate any advice. Thanks again.

          • Whoa! Thank you for the free 100 bits!

            I had no trouble, and i thought it was kind!

            The rest I’m not to pleased about … its a bit o hard to get such a small amount …

            But I will say this …

            I keep Milli in my list because appreciate this site, and I appreciate Ofir and I appreciate Prodip.

          • Hey John, appreciate the feedback. The reason we send out such a small amount is just to get people started with Bitcoin. It’s not intended to make you rich or anything, just to get you through your first Bitcoin transaction. I also appreciate your support of Milli :)

  7. Hello Everyone!
    Could you please tell how much time does it take to complete the buying process in Coinmama.com for the first time? I mean after buying when I’ll get my bitcoins in my wallet?
    Thanks

  8. andri wijayanto on

    what diffrent master card prepaid by payoneer, paypal, skrill ???
    virwox is accepct all of them?? sory for my bad english

    • I believe they do but it’s better to check with them at their support ([email protected])

  9. Can I know which bitcoin website currently have the lowest fee if I want to buy bitcoin with my paypal or debit card?

    I’m not from usa. Thank you.

      • Coinmama fee are abit high, if you look at the mainpage. Current price for 1 btc is US$280+ but coinmama is US$350+, abit too high for me.

        Can do a review on international bank transfer for buying btc? I havent seen one on it yet, maybe the fees will be lower.

        I’m buying btc for profit selling. Thank you.

          • you already done a review on using international bank transfer to buy bitcoins?
            I can’t find the review anywhere?

            BTW, which site have the lowest international bank transfer fee to buy bitcoins? Thank you.

          • Actually I haven’t done a review of international bank transfer yet, but in order to find the lowest fees use our new exchange comparison tool here.

  10. I’ve used all 4 services and the best one (although not the cheapest) is Coin.Mx; then I would put CoinMama on second place. I personally dislike VirVox but have friends that are using it successfully. Circle is still quite new to this and their system still needs some work to get to a good level.

  11. Pretty weird that Circle says they only deal with US residents and yet you still managed to buy Bitcoins? This doesn’t seem ok to me. I mean, just say that you accept people worldwide if you do. Or maybe they are having some software problems which is not good.

    • Ofir Beigel on

      I don’t understand it either. Also, some people from my country are able to buy and others aren’t….

  12. When I initially commented І clicked the “Notify me when new comments are added” checkbox ɑnd now each time a comment is added Ӏ get four emails with thе same comment.
    Iѕ tɦere aany way yօu cann remove mе from that service?
    Bless yߋu!

    • Ofir Beigel on

      I think you should have a link inside the email of the notifications allowing you to unsubscribe. Isn’t that the case ?

  13. Hello,

    Is it possible to buy bitcoins using a credit card? Also is verification needed when creating an account on that site?

    DC

    • Ofir Beigel on

      You can buy Bitcoins with a credit card on all of the sites mentioned in this page. Coinmx and Coinmama require verification, Virwox doesn’t.
      Hope this helps.

  14. I like CoinMama because of their feature of reserving the price. I always seem to want to buy when the price is almost ready to go down so without this feature I would have lost a lot of money.

  15. I read and watched your videos and read that review you did for CoinMx and I find they are a good option for me. They system is very intuitive and I don’t have to do anything out of the ordinary to get verified except for that video. Their 0.001 BTC withdrawal fee seems reasonable. Thanks!

  16. Is it just me or does VirWox seem complicated to use? I mean, you have to deposit USD then change them to SLL and then exchange them for Bitcoins? I hope I got this right. For me, this is confusing.

    • SALLY, virwox is simpler then it seems and its all instant you simply deposit then usd/sll then ssl/btc it automatically does the max amount you can convert with your funds unless you change it. only problem is a 15% fee but thats less then coin mama

    • Yeah, even though they do not require verification they still make it a bit difficult for a newbie to use their service. I prefer Coin.Mx because it’s easier to use and you also get a $5 free deposit bonus ;)!

  17. Hello Coin.mx Users,

    You can now leave a review of your personal experience on Trustpilot. link below
    https://www.trustpilot.com/evaluate/coin.mx

    After using 6 of the most popular exchanges, I have found that coin.mx was not only the fastest exchange to access btc but the only exchange that a live support agent actually called me to assist me throughout the sign up process.

    I thought that was excellent, in terms of making one comfy while being welcomed to an industry that many are skeptical of entering.

    Would love to see if others share the same sentiment as I. Thanks for reading! Happy Trading!

  18. Coin.MX seems like a very easy way to buy Bitcoins. It seems quite easy and straightforward from what you showed in the video. I think I’ll give them a go even if they have a slightly bigger commission.

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