22 Best Websites to Buy Bitcoin with a Credit Card

Published: 7th July, 2024 | Last Updated: 1st July, 2024

Markos Koemtzopoulos

Markos Koemtzopoulos is the founder and main writer of ElementalCrypto. He has been a lecturer at the University of Nicosia on cryptocurrencies and DeFi and has taught two courses on crypto and blockchain technology.

In this review, I will list the best websites to buy Bitcoin with a credit card. As a rule, US-based exchanges do not accept credit cards. For example, Coinbase only accepts debit cards, while Kraken allows credit cards for non-US customers. Similarly, Binance.US does not accept credit cards, while Binance does.

Crypto Exchanges that Accept Credit Cards at a Glance

Exchange Credit Card fees Verification time
Bitpay 1% 1 hour
Binance 2% usually instant
eToro 1% 3 business days
Crypto.com 0-2% few hours and up to 2 business days
Kraken 3.75% 5 minutes
Paybis 1st transaction is free. 2.49% thereafter 15 minutes and up to 24 hours
Moonpay 4.5% usually a few minutes and up to 3 days
Utorg 0% fees but they charge a high spread ( 10%) A few minutes
Simplex 3.5% - 5% Up to 24 hours
Banxa 1.99% up to 12 hours
Coingate 8% 5 minutes
Kucoin hidden fees up to 24 hours
Coinmama 3.24-3.34% 30 minutes
Cex.io 2.99% — 3.99% + service charge within the hour
Bitfinex depends on processor 2-3 working days
Uphold 3.99% up to 24 hours
Invity Not specified Usually 2 minutes
Changelly >4% up to 24 hours
Switchere A processing fee of 3.6% plus $0.32 Plus a 3.4% service fee 15 minutes
Bitpanda up to 24 hours 15 minutes
MEXC 2% 15 minutes
OKX 1.99% for Euros, 2.49% for US dollars Hong Kong dollars. usually 30 seconds and up to 24 hours

This article is part of my series on how to buy crypto.

22 Crypto Exchanges That Accept Credit Cards

1. BitPay

Bitpay
Source: bitpay.com

Bitpay is a non-custodial crypto wallet that allows you to purchase crypto with a credit card.

The company is based out of Atlanta, Georgia, in the United States. Their range is limited to 16 cryptocurrencies, but their credit card fees are low compared to the other options listed here. 

  • Credit card deposit fees: 1%
  • Can you withdraw fiat to a credit card? No, you can only cash out to a bank account or use a debit card.
  • Verification: is required for making payments of more than €3,000 or a refund of more than €1000. Verification takes up to an hour.

2. Binance

Binance is the largest exchange globally and offers more than 400 coins. The exchange has multiple features, including staking options, its own debit card, and margin trading. 

  • Credit card deposit fees: 2%
  • Can you withdraw fiat to a credit card? Yes
  • Verification: usually instant but can take up to 3 days. 

3. eToro

eToro
Source: etoro.com

eToro is an online brokerage that allows you to trade both cryptocurrencies and traditional financial products such as stocks and ETFs. They are one of the largest brokerages equivalent to Robinhood outside the US. eToro accepts credit cards as a deposit method, amongst other deposit methods. 

  • Credit card deposit fees: 1%
  • Can you withdraw fiat to a credit card? No
  • Verification: Yes, you are required to verify your identity in order to transact with the platform

4. Crypto.com

In my research, Crypto.com had lower trading fees than other major crypto exchanges. 

Crypto.com issues its own cards, which you can use to purchase crypto. 

  • Credit card deposit fees: Crypto.com charges a separate fee for topping up your account with a credit card. These fees can range from 0% to 2%, depending on your location and card tier. 
  • Can you withdraw fiat to a credit card? Yes
  • Verification: Required

5. Kraken

Kraken
Source: kraken.com

One of the most secure Websites, Kraken accepts credit card payments outside the US. There is a 72-hour hold rule on debit card and credit card deposits, meaning you can’t withdraw the amount in crypto or fiat currency for three days once you deposit. This is to comply with Anti Money Laundering Regulations. 

  • Credit card deposit fees: 3.75%. You can check the final amount before confirming. Keep in mind that Kraken charges a spread on top of the Bitcoin price for credit card purchases.
  • Can you withdraw fiat to a credit card? No
  • Verification: Required but takes 5 minutes

Kraken Credit card fee structure

6. Paybis

Paybis is a website and crypto wallet that supports multiple unusual payment methods, including credit cards.

  • Credit card deposit fees: For the first credit or debit card transaction, Paybis charges 0 fee starting from the second credit or debit card transaction; a 2.49% fee is applied.
  • Can you withdraw fiat to a credit card? Yes, you can use Paybis to cash out crypto instantly on a credit card.
  • Verification: Required. Usually takes 15 minutes but can take up to 24 hours.

7. MoonPay 

Moon
Source: moonpay.com

MoonPay is not a crypto exchange. It is a payment platform that makes it easy to convert between fiat currencies and digital assets. The benefit of using MoonPay is that you purchase cryptocurrency directly from your wallet. The reason to use a wallet is that you own the private keys to your crypto. 

Many wallets have integrated MoonPay into their mobile app. Notable wallets are

  • Trust Wallet
  • Exodus
  • Ledger 
  • Bitcoin.com wallet

Once you have a wallet, you can hook it up to a decentralized exchange where you can find any coin under the sun. 

  • Credit card deposit fees: 4.5% with a minimum of €3.99/£3.99/$3.99
  • Can you withdraw fiat to a credit card? Yes, this is allowed in most countries. Check how to sell crypto on Moonpay for more details.
  • Verification: While wallets don’t require verification, MoonPay does, so be prepared to upload your ID and share your name, address, and email. You usually get verified within minutes but it can take up to 3 working days.

8. Utorg

If you are looking for a non-custodial wallet with zero fees for credit card Bitcoin purchases, then Utorg is the place to look. They have just integrated with TON USDT, meaning you can send USDT via a telegram message to your friends. 

  • Credit card deposit fees: 0%. However, they charge a high spread, meaning they sell Bitcoin more expensive to you.
  • Can you withdraw fiat to a credit card? They do not specify, but most likely, no.
  • Verification: Required and takes a few minutes.

9. Simplex

Simplex
Source: simplex.com

Simplex is a payment platform that integrates online wallets such as Guarda and Trust Wallet, as well as crypto exchanges such as Poloniex and Gate.io. You can also use Simplex directly by visiting simplex.com/buy-crypto. However, the website is geared more toward their business business partners. 

  • Credit card fees: between 3.5% – 5% of the total transaction value.
  • Can you withdraw fiat to a credit card? They do not specify.
  • Verification: This can take up to 24 hours but is usually faster.

10. Banxa

Banxa.com is a crypto fiat on-ramp and off-ramp for platforms that sell digital assets. Partners include Ledger, Metamask, KuCoin, OpenOcean, LoopRing, Argent, and more. 

  • Fees: 1.99% with Mastercard/Visa  and Apple Pay/Google Pay
  • Can you withdraw to a credit card? No
  • Verification: up to 12 hours

11. Coingate

Coingate
Source: coingate.com

Coingate.com is another crypto payment gateway for Bitcoin, USDT, and other cryptocurrencies. You can set up both a personal account and a business account, and once you enter your card details, Coingate will ask for verification. I would recommend you avoid using a credit card with Coingate as the fees are very high. If you use a normal bank card, then fees are 1%, which is still high but more reasonable. 

  • Credit card fees: 8%
  • Can you withdraw to a credit card? No
  • Verification: 5 minutes, according to their website

12. KuCoin

KuCoin is a mid-tier cryptocurrency exchange that is known to list coins that you can’t find on some of the larger exchanges. They offer various deposit methods and, like most crypto exchanges, charge additional fees for credit card purchases.

  • Fees: Hidden fees; you will see it displayed before you complete the purchase, for example, 3.4%
  • Can you withdraw to a credit card? No 
  • Verification: Up to 24 hours

13. Coinmama

Coinmama
Source: coinmama.com

If you are looking for an established exchange, then look no further than Coinmama. They have been in the game for ten years and serve over 3.5 million customers across 190 countries.

  • Credit card fees: 3.24-3.34%, depending on the processor and location. This fee includes charges by credit card issuers. 
  • Can you withdraw to a credit card? No
  • Verification: 30 minutes on average

14. Cex.io

This is a cryptocurrency exchange based in the UK. Their biggest selling point is that they issue their own payment cards. Their instant buy feature allows you to purchase crypto immediately. The crypto trading platform offers spot trading, a self-custody wallet, and a reward program for staking your coins. 

  • Credit card fees: 2.99% — 3.99% + service charge depending on location.
  • Can you withdraw to a credit card? Yes
  • Verification: Once you submit your personal information, they usually verify it within the hour. 

15. Bitfinex

Bitfinex
Source: bitfinex.com

Bifinex is one of the most popular trading platforms. It includes advanced features such as 10x leverage, crypto derivatives, and custom trading charts.

The exchange allows you to buy Bitcoin, TetherUSDT, Tether Gold, Tezos, TRON, Ethereum, or other ERC20 tokens with a credit card. 

Credit card fees depend on your provider ( OWNR, Mercuryo, Simplex). See which coins you can buy with each payment platform.

  • Can you withdraw it using a credit card? Mercuryo allows it. OWNR doesn’t, while Simplex does not specify. 
  • Verification: 2-3 working days

16. Uphold

Uphold is something between an exchange and a brokerage. It offers more than 200 cryptocurrencies, but you can also buy fiat currencies, precious metals, and stocks from outside the US and EU. 

  • Credit card fees: Flat fee of 3.99%
  • Can you withdraw it using a credit card? No. Only withdrawals to a debit card or bank account are allowed.
  • Verification: up to 24 hours. 

17. Invity

Invity
Source: invity.io

Invity is a mobile app that allows you to buy BTC and altcoins. You can buy Bitcoin with a credit card; however, the platform does not specify the fees. 

  • Credit card fees: Not specified
  • Can you withdraw to a credit card? Not specified
  • Verification: Usually 2 minutes

18. Changelly

Changelly markets itself as a crypto hub. They do not have custody of your crypto, so you need to use your own wallet to connect to Changelly. However, they partner with Mecuryo so that you can convert fiat currency into crypto directly. 

  • Credit card fees: The minimal fee for fiat-to-crypto transactions is 4%. However, the final fee depends on the selected currency pair, your country of residence, market rates, volatility, and other factors.
  • Can you withdraw to a credit card? Yes, via Mecuryo, which is their payment partner.
  • Verification: No longer than 24 hours.

19. Switchere

Switchere
Source:switchere.com

Switchere is an international crypto exchange that allows you to buy crypto instantly with a debit or credit card. They have over a million customers and are present in 163 countries. 

  • Credit card fees: A processing fee of 3.6% plus $0.32. A service fee, which is based on the amount you’re buying, of up to 3.4%
  • Can you withdraw to a Credit card? Not specified. 
  • Verification: 15 minutes

20. Bitpanda

Bitpanda is a European-focused exchange that accepts credit cards and other payment methods. 

  • Credit card fee: No fee, but they display a higher price for cryptocurrency (spread) => approx. 1.49%. 24-hour limit of EUR 2,500 for deposits with credit cards
  • Can you withdraw to a Credit card? Not specified. 
  • Verification: 15 minutes

21. MEXC

MEXC
Source: mexc.com

MEXC is less stringent in terms of KYC requirements, which list over 800 coins. They are often the first to list trending coins with low market caps.

  • Credit card deposit fees: 2%
  • Can you withdraw fiat money to a credit card? No
  • Verification:  1-3 business days

22. OKX

OKX is a popular crypto exchange that allows you to purchase digital currency with a credit card via their Express Buy feature. 

  • Credit card deposit fees: 1.99% for Euros, 2.49% for US dollars Hong Kong dollars. 
  • Can you withdraw fiat to a credit card? No
  • Verification: The card has to be in your name, but OKX is not very strict about the KYC process. You will also need to enter the 3D secure code that your bank sends you to authorize the transaction. 

More instructions from OKX on credit card deposits here

Do Bitcoin ATMs Accept Credit Cards? 

This depends on the country and the company operating the Bitcoin ATM. Most Bitcoin ATMs avoid it and only accept cash or debit cards. Here is a list of Bitcoin ATM operators that accept credit cards:

Keep in mind that Bitcoin ATMs usually charge very high fees. 

Large Exchanges That Don’t Accept Credit Cards

Coinbase is the largest crypto exchange, but it no longer accepts credit cards. 

Credit Card Fees

You can expect to pay a hefty fee of about 5% on your credit card purchase. Hidden fees may include a spread on the price of the asset you are buying. There will also be some network transaction fees, but these are usually negligible unless you are buying ETH, where fees can be high. 

Alternatives to Using a Credit Card

Crypto exchanges offer multiple payment options. You are better off depositing money using a bank transfer as credit card transfers tend to be expensive, costing 3-5%. While credit card deposits are instant, there are other alternatives that are instant and cheaper, such as Interac e-Transfer for Canadians and ACH for those based in the United States. This way, you can avoid the extra fees that exchanges charge for credit cards. Alternatively, if you can wait 2-5 business days, you can make a wire transfer from your bank account. 

This article is part of my series on how to buy crypto.

Why Using a Credit Card to Buy Crypto Is a Bad Idea:

If the primary reason you want to use a credit card is that you want to borrow money and invest in crypto because you think the market is going up, this is a very bad idea. Credit card companies charge high annual interest rates of 20-35%. Cryptocurrencies, on the other hand, are very volatile. Not only can prices drop fast, leaving you at a loss, but the price breakout you are hoping to see may not happen for a while. Instead, the price may end up moving sideways or staying low for months, costing you interest payments. 

The easiest way to make money in crypto is to invest in Bitcoin and Ethereum for the long run and avoid borrowing.

Markos Koemtzopoulos is the founder and main writer of ElementalCrypto. He has been a lecturer at the University of Nicosia on cryptocurrencies and DeFi and has taught two courses on crypto and blockchain technology.

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