Top Websites Where You Can Buy Bitcoin Using Your Debit or Credit Card

If you’re curious about how cryptocurrency works, and you’re thinking of investing in Bitcoin, it’s important that you do extensive research about it first.

This will equip you with the knowledge that you need before get into this type of investment. 

There are many beginners guide to using Bitcoin that will teach you the basics about it, including where and how to buy Bitcoin.

One of the ways to buy Bitcoin is with the use of your debit card or credit card.

This is actually the most convenient way.

However, you have to know that this convenience is not free.

Cryptocurrency exchanges charges up to 4 percent for debit and credit card purchases.

It helps to compare the various cryptocurrency exchanges that accept this type of payment to be able to choose the one that’s most cost-effective.

Here are the top choices:

# 1 – Coinbase

Coinbase is regarded as one of the world’s top choices when it comes to Bitcoin exchanges.

It has been around since 2012, and is currently one of the most widely used.

Many prefer to use this exchange as it makes it very easy for anyone who’s interested to get into crypto investment.

All you have to do is to create an account, link to your chosen payment option and start buying Bitcoin. You will have to submit proof of identification with photo and other documents for verification.

Take note however that if you’re a resident in the United States, you cannot buy Bitcoin using your credit card, but you can buy using your debit card.

Compared to other crypto exchanges, the processing fees imposed by Coinbase are lower at 3.99 percent. There are no deposit fees to worry about if you are moving from one currency to another. You will only need to make payments when you purchase the Bitcoin.

Coinbase is also known to have lower buying limits. The amount of cryptocurrency that you can buy in a day depends on your account verification level.

The high level is given the allowance of $50,000 daily purchase.

This crypto exchange has many impressive features and at the same time is user friendly, making it the ideal choices for beginners.

How to Purchase Bitcoin at Coinbase

To buy Bitcoin from this crypto exchange, you must first set up an account.

Go to its official website and click “create account”.

Verify this account using your email.

You will also be asked to confirm your phone number. Enter the number on the requested field.

Coinbase will send you a text message containing the code.

Type the code to proceed to the next step.

Complete the other fields.

Click the “settings” tab and “link a new account”.

Choose the payment option you prefer. Choose debit card since credit card is not allowed for US residents at the moment.

You can now start buying Bitcoin using the “buy/sell” tab that you’ll find in the navigation menu.

Enter the amount that you want to buy and click the “buy” button.

# 2 – Coinmama

Another great choice for those who want to buy Bitcoin with either debit card or credit card is Coinmama.

When you visit the site, the first thing that you’ll notice is its unique user interface. It looks quite different from those of other crypto exchanges.

For one, it offers various packages that provide different cryptocurrency amounts. But it’s also possible to get the amount that you prefer by specifying how much Bitcoin you would want to purchase from this site.

Also, you will notice that it does not provide any digital wallet for storing the Bitcoin that you’ve purchased. It will require you to provide link to your wallet where it can send the cryptocurrency that you’ve purchased.

This should not cause any problem if you already have a digital wallet. If not, you will need to get your own, which is not that difficult anyway.

There are many things that users love about this crypto exchange. Users appreciate the highly efficient customer support that will address all your concerns and issues promptly. Another is the quick sign up process that will only take a few minutes to finish.

As for the fee, it charges 5 percent for both credit card and debit card purchases.

Purchasing limit is $5,000 per day and $20,000 per month. Its minimum purchase is $60.

Coinmama has its headquarters in Israel but is accessible to most countries and to almost all the states in the US.

How to Purchase Bitcoin at Coinmama

As with the previous crypto exchange, you must also create your account at Coinmama.

You have to fill out the online registration form to get started.

The next step after filling the registration form is verifying your identity.

Click the “next” button.

You will have to send your photo to verify your identity. But in some cases, this is not required.

Once the account is finalized, you can start buying Bitcoin using your credit card or debit card.

Click the “Bitcoin” link in the navigation bar. Choose the amount that you want from the options, or enter your own price.

Click the “buy now” button.

You will be directed to another page where you will have to enter the address of your digital wallet where you want your Bitcoin sent.

Enter the information on your card.

Click “pay now” when you’re done and you’ll instantly receive the Bitcoin that you purchased.

# 3 –

Launched in 2013, is a cryptocurrency exchange based in London, United Kingdom.

It is also a top choice for buying Bitcoin using your credit card or debit card.

The site is known for its superior performance, strong security measures, high liquidity and cross-platform trading with their API solutions, mobile app and its own website.

At present, it has more than 2 million active investors and traders. It also allows for margin trading for those who are interested. It is also touted for its 100 percent uptime.

It has an extensive worldwide coverage, giving access to 99 percent of countries worldwide. In the United States, it supports 24 states. The only states that it does not support include: Alaska, Arizona, Florida, Idaho, Kansas, Arkansas, Iowa, Alabama, Louisiana, New Hampshire, Michigan, Mississippi, Colorado, Tennessee, Nebraska, Georgia, New Jersey, North Carolina, North Dakota, Ohio, Texas, Oregon, Vermont, Maryland, U.S. Virgin Islands, Virginia, and Washington.’s fees are quite competitive for credit and debit card purchases. It only charges 3.9 percent, a rate that is much lower than most of what you’ll find.

If you’re going to sell Bitcoin back to your debit card or credit card, it’s also possible but you will need to pay an additional 2.9 percent fee.

Take note that most exchanges do not allow this type of transaction.

How to Purchase Bitcoin at

To start using your credit card or debit card for buying Bitcoin on, you need to register an account.

Simply fill out the registration form.

After you’ve created the account, click the “deposit” button that you will find under the navigation menu.

You will be asked to transfer your funds. It accepts Mastercard and Visa.

Go to the “buy/sell” tab so you can enter the amount of your order.

Scroll down so you can see the choices for market orders and limit orders.

Beginners are recommended to use the market order that is executed instantly.

If you go for the limit order, you will have to choose the price that you want to buy. This option takes longer than the market order, but this usually gives you more competitive prices.

# 4 – Bitpanda

Bitpanda also has its own unique features that you’d want to check out.

It is one of the few exchanges that offer different cryptocurrencies and payment methods.

But it’s important to know that right now, it only sells crypto to residents in Europe.

What you’ll love about this site is its low rates and fees. It only charges 2.99 percent fee on Bitcoin and crypto purchases and 1.29 percent fee on sales. However, there is an additional 1.5 to 3.6 percent fee if you are going to use external payment providers.

When it comes to purchasing limits, the amount depends on the verification level of your account. The higher the level is, the higher your purchasing limit is.

Other than these, you’ll appreciate the user-friendly interface that makes it so easy even for newbies to make transactions within the site.

Aside from credit cards, it also offers other payment options such as EPS, SEPA transfers, Sofort Transfers, Neteller, OBT and Skrill.

To get started, you need to create an account and verify this account using your ID. This may be an issue with you if you are not comfortable using your identification card for verification.

This is a great choice if you are based in any European country.

How to Purchase Bitcoin at Bitpanda

With this crypto exchange, you will have to create an account.

Take note once again that this site is only for residents of countries in Europe.

Complete the signup form by answering all the required fields.

The next step you’ll have to do is to link to a payment option.

You’ll see that there’s a wide array of choices that you can pick from.

Once you’ve linked the payment, select the cryptocurrency that you want to purchase. For this purpose, click “Bitcoin”.

Click “BTC buy” and you’ll be directed to another page.

Select “Bitcoin” and choose “credit card/debit card” option.

Enter the amount that you want to buy. You can also click “maximum” if you want to make the maximum purchase.

Click “go to summary”. Accept the terms and conditions before clicking “buy now”.

# 5 – LocalBitcoins

LocalBitcoins is not like your usual crypto exchange. It operates quite differently from the others.

For one, the price of Bitcoin depends on the buyer selling it. Each of the vendors has his/her own page complete with review history so that buyers can see how trusted and legitimate the seller is. There is also the average response time indicated on the page to let buyers know how long it takes for the seller to respond to orders and messages.

This is a peer-to-peer crypto exchange where you can buy Bitcoin using your credit card or debit card.

The best thing about this option is that it only charges 1 percent fee. This also offers a private way of buying Bitcoin.

# 6 – Bitstamp

Bitstamp is known as the world’s “first fully licensed Bitcoin exchange”.

It offers various options for buying Bitcoin including bank deposit, SEPA transfer and purchasing with gold.

You can also buy Bitcoin using your credit card or debit card.

Like most of the exchanges that you’ll find in this list, this one also has an interface that’s simple yet effective. It has an efficient navigation that’s very easy to use.

One thing to remember is that debit card purchases require verification of your identity. Once your account is verified, you can link your debit card to it so you can easily make Bitcoin purchases.

Bitstamp has a unique fee system that depends on the amount of purchase:

  • Up to $500 – 8 percent fee
  • $501 to $1000 – 7 percent fee
  • $1001 to $2,500 – 6 percent fee
  • $2,501 to $5,000 – 5 percent fee

As you can see, the more amount of Bitcoin you purchase, the lower the transaction fee is. This is to encourage people to buy more Bitcoin.


How will I get the best price when buying Bitcoin?

It’s important to know that two factors can affect the amount or value of the Bitcoin that you will buy and these include the exchange fee and Bitcoin’s going price. Let’s say one crypto exchange is selling one coin for $5,000 while another is selling it for $4,950 then it’s more practical to go for the one with the cheaper exchange. It’s a must to keep an eye on transaction fees as these can have a significant effect on the pricing of Bitcoin. Even small differences matter.

Is it possible to buy Bitcoin with credit or debit card instantly?

There are some crypto exchanges that allow for instant transfer of Bitcoin after using credit card or debit card for purchase. This makes it ideal for buying Bitcoin when it is low in value.

Why is beneficial to use a credit or debit card to buy Bitcoin?

Using your credit card or debit card to buy Bitcoin is not only easier and more convenient than other options, it’s also faster. If you’re going to use the bank deposit option, the exchange will take up to eight days before you can get your Bitcoin. If you are not in a rush, then you’d want to make use of the bank deposit option as it does not charge high exchange fees.

What are the drawbacks to using credit card or debit card to buy Bitcoin?

The main disadvantage is the cost. As mentioned several times in this article, the convenience of buying Bitcoin with card is the high transaction fees. For example, if you choose to buy Bitcoin from Coinbase, you will get charged a hefty fee of 3.99 percent if you use your card, but the fee is only 1.49 percent if you make use of the bank deposit option. Another drawback is the purchasing limit. Since card entails some risks, it offers lower purchasing limits. You can only increase the limits when your bank account is linked to your crypto exchange account, when you verify your identification using your identification card with photo or phone number, or when you’ve established your purchase history.

What can I do about the purchasing limits?

So that the purchasing limits do not hinder your investments, what you can do is to make use of several crypto exchanges. For instance, you can register an account with Coinmama, Bitpanda and Coinbase so that you can purchase more Bitcoin than when you only have an account with one crypto exchange.

Should I worry about sending in my identification and other personal information?

You should only be worried if you are not sure about the crypto exchange that you are joining. But if you are registering an account with reputable ones such as those mentioned above, then you should have peace of knowing that you will be protected against data breaches and hacking. Just make sure that you inquire first how and where your information will be used just to be sure.

Is it possible to buy Bitcoin using PayPal?

Yes, it is possible. Many crypto exchanges offer PayPal as one of the major options for payments. However, you need to know that the fees for PayPal are even higher than for your credit card or debit card. This is why, the latter is often the preferred option by many crypto investors and buyers.

Buying Bitcoin with debit card or credit card is surely fast and convenient but take note that this comes at a price. Be prepared for the exchange fees which average at 5 percent.