How to buy Bitcoin with a Credit Card Instantly (2020)

June 18, 2020

Buy Bitcoin with a Credit Card

Buy Bitcoin with Credit & Debit Card

Buying Bitcoin with a credit or debit card has historically been one of the most popular and user friendly ways to purchase Bitcoin around the world.

However, with convenience comes a price. Typically, most cryptocurrency exchanges charge around 4% or above for credit or debit card purchases of Bitcoin. If you are looking to optimise on fees, it may be best for you to use a bank account to buy Bitcoin. But, if you are looking to quickly enter the Bitcoin market safely and securely, Buy Bitcoin Finder recommends debit and credit cards as an easy way to onboard.

Here is a list of our favourite exchanges that allow you to buy Bitcoin with a credit or debit card.


Buy Bitcoin with a Credit card on Coinbase.

Coinbase has been one of the most reputable exchanges around the world since their inception in 2012. The exchange, based in San Francisco, California, has built their brand on delivering a seamless user experience making it easy for anybody to get onto their exchange and buy Bitcoin and cryptocurrencies. 

Getting started with Coinbase is easy, simply create an account, link your desired payment method (in this case a credit or debit card) and get buying. It is pertinent to note however that if you are based in the United States, credit card purchases are generally disabled. With that said however, Debit card purchases are still supported and are one of the most popular methods for Coinbase customers in the US.

Being a reputable exchange means Coinbase have relatively stringent Anti-Money-Laundering and Counter Terrorism Financing laws that require users to submit a photo of their ID and other information for verification. The verification is generally quite fast and tends to allow for same day purchases. 

Fees and Limits

For the convenience that Coinbase enables, the credit and debit card purchasing fees are astoundingly low to buy Bitcoin and other cryptocurrencies compared to the competition at a staggering 3.99% 

Purchase limits will vary depending on your accounts verification level,  with the highest tier allowing for $50,000 of Bitcoin and crypto to be purchased daily. If you are looking to buy larger quantities of Bitcoin or cryptocurrency, check out our guide to Over the Counter or OTC Bitcoin trading desks that allow you to securely and privately buy Bitcoin in any amount.

In summary, Coinbase is the best starting point for new entrants into the Bitcoin and cryptocurrency market with an easy to use interface and fast tracked sign up process. If Coinbase supports debit card and credit card purchases in your region, this is the platform Buy Bitcoin Finder recommends. 

Visit Coinbase


Buy Bitcoin with a Credit Card on Coinmama

Coinmama also stands to be an excellent option for new entrants looking to purchase Bitcoin and other cryptocurrencies. Simply navigate to their easy to use buy tab and enter the amount of Bitcoin or the fiat amount of Bitcoin you would like to purchase and press buy!

One thing to note is that you will be quickly prompted for a withdrawal address. This means that Coinmama does not provide you with a cryptocurrency wallet to store your Bitcoin or crypto. Instead, they ask you for a wallet to send the purchased Bitcoin or crypto too.

This will not be an issue at all in the event you have your own cryptocurrency wallet. To learn more about Bitcoin and cryptocurrency wallets, check out our all inclusive guide on how to use wallets and where to get wallets!

Coinmama has an outstanding reputation within the cryptocurrency community with world class support and an infrastructure that allows users from nearly any country (including the United States) to buy Bitcoin and cryptocurrencies with credit and debit cards. 

Fees and Limits

Coinmama will charge a fee for your Bitcoin or cryptocurrency purchases with a credit or debit card of around 5%. Although the fees are slightly higher than Coinbase, they provide instant delivery and higher limits provided you have a wallet.

Coinmama has a purchasing limit of up to $20,000 monthly for standard accounts - this will sky rocket the further you go down the verification process. 

Visit Coinmama


Credit Card Bitcoin BitPanda
Buy Bitcoin with a Credit Card on BitPanda

It is important to firstly note that Bitpanda only offers Bitcoin and cryptocurrency to users in Europe however they do have some of the most competitive rates and fees. Bitpanda do a great job of separating themselves from other exchanges by offering a wide range of payment methods outside of simply debit and credit card purchases. 

Bitpanda also boasts a pretty neat interface, like Coinbase, making it extremely simple for users to purchase Bitcoin and crypto on their website. 

Fees and Limits

In terms of fees, Bitpanda currently charges 2.99% on a buy and 1.29% on sells. 

Like most exchanges, the limits will be dependent on your verification level.