Buy Bitcoin with Card

Not too long ago, buying Bitcoin with a credit or debit card used to be an extremely challenging operation; even tech-savvy people experienced great difficulties in acquiring Bitcoin.

This problem has been resolved due to trading platforms that have emerged in recent years, such as CoinMama, Cex, CEX, Changelly among others. These platforms allow bitcoins to be easily purchased with credit or debit cards.

Users will need to create a Bitcoin wallet before they can use the full potential of 'bitcoin' trading. Wallets are very easy to create and can be stored on a smartphone, on a computer, or physically, like a piece of paper or some cold storage method that is also called a cold wallet. The most secure method to store your Bitcoin is using a hardware wallet such as a Ledger or Trezor.

The fees that platforms will charge for each transaction must be noted. Check the rates you will be charged and compare them across the platforms listed below to make sure you get the best rates. We've put together a list of the most reputable online exchanges for buying Bitcoin using your debit or credit card.

Buy Bitcoin With Card See Alternatives Below:

Cex

Quick registration

CEX.IO is one of the oldest cryptocurrency platforms in the world to buy Bitcoin quickly.

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ABSTRACT

Cex's simplicity is probably notorious at this point — when it comes to the best cryptocurrency exchanges Cex.io is certainly one of the most straightforward and user-friendly platforms!

The bag also has some very strict security measures. This is evident every time you log in to your account — in addition to 2FA, you'll also receive notifications in your registered email about every login attempt — this is awesome for those who really care about the security and integrity of their coins cryptocurrencies.

As with some other cryptocurrency exchanges, Cex also offers great rates for its users. Fees will range from 0% to 0,25%.

POSITIVE
  • Easy to use
  • Different trading pairs
  • great support
NEGATIVE
  • Currency options may be missing

Huobi

Quick registration

Huobi is a global leader in the cryptocurrency industry with over 25 billion transactions on the platform every 24 hours.

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ABSTRACT

Huobi is a global leader in the cryptocurrency industry with over 25 billion transactions on the platform every 24 hours. Founded in 2013, Huobi has grown exponentially and is the 3rd largest exchange based on trading volumes. Platform users can access a variety of products and services to buy, trade, exchange, store, lend, earn, stake and sell digital currencies.

The exchange is suitable for individuals of all experience levels and has an advanced trading terminal with competitive fees of 0,2% per transaction.

The exchange serves tens of millions of users in over 195 countries worldwide with over 60 payment methods to convert fiat to cryptocurrency.

POSITIVE
  • Advanced user interface for serious cryptocurrency traders
  • Deep liquidity in its BTC/USD and ETH/USD trading pairs
  • Competitive trading fees of 0,2% per order
  • Lending and staking features to earn interest on cryptocurrencies
  • Supports soft staking of cryptocurrencies to earn passive rewards
NEGATIVE
  • Trading fee discounts and rebates are confusing
  • The mobile app has a history of bugs and intermittent issues
  • Not available in the United States or Canada

 

bybit

Quick registration

Buy and sell crypto seamlessly at the best available rate with our competitive market liquidity.

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ABSTRACT

Bybit is a Singapore-based trading platform for cryptocurrency derivatives — the contracts that give you the right to buy or sell cryptocurrencies at certain prices in the future.

The Bybit platform is used by over 1,2 million traders. It is very simple to understand, hence the influx of people. With a little practice, you can learn the basics quickly and start making a profit.

Bybit is an attractive cryptocurrency derivatives exchange. The platform has some shortcomings, and its limited ability to convert fiat currencies to cryptocurrencies is a prime example.

But it also has many advantages, like cold wallet storage with multiple signatures. You will be able to trade with leverage and manage your positions with its user-friendly interface.

POSITIVE
  • Top 3 derivatives trading volumes
  • Currency and USDT Settled Contracts
  • Reduced risk of price manipulation and settlements
  • high bonuses
  • high leverage
  • Supports anonymity
NEGATIVE
  • A limited number of trading pairs
  • ByBit is not regulated

 

Bitfinex

Quick registration

Bitfinex is a Hong Kong-operated cryptocurrency exchange that has been in operation since late 2012.

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ABSTRACT

Bitfinex is an experienced Bitcoin exchange with a dark history of hacking and accusations. The exchange is suitable for sophisticated traders with both margin and loan trading options available.

Bitfinex accepts EUR, JPY, GBP and USD as fiat currency deposits. Deposits in fiat currency can only be made by bank transfer.

Tether, a quasi-fiat currency that is informally pegged to the US dollar price, is also supported by Bitfinex.

Bitfinex has the most liquid order book in the world. Traders value high volume because it guarantees a low spread, or the difference between the best bid and asking prices.

Bitfinex has a sophisticated and customizable user interface, 50+ trading pairs (e.g. BTC/LTC) and a variety of order types.

The user interface of the trading platform on Bitfinex can be customized. Advanced graphics capability and API access are also available. These elements combine to make it a popular Bitcoin exchange among experienced traders.

Bitfinex's P2P margin trading platform allows users to borrow and trade with up to 3,3x leverage. Loan terms can be set manually by the user or automatically by Bitfinex.

POSITIVE
  • Ethics - paid back all losses to traders who were hacked in 2016 on the exchange
  • High liquidity
  • Allows deposits and withdrawals by bank transfer
  • Suitable for experienced traders
  • Supports over 100 cryptocurrencies
  • demo account
  • Programas de investimento
  • Alavancagem até 1:10 (derivativos são de até 1:100)
NEGATIVE
  • High trading fees
  • Not a regulated exchange
  • The customer support team can only be contacted by email

eToro

Quick registration

With over 17 million registered users, eToro offers one of the largest and most active trading communities

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Innovative platform: eToro has distinguished itself through its social investing platform, an innovative tool that allows users to copy trades from other investors.

Internationally Established: Founded in 2007, eToro has over 20 million users in 140 countries worldwide — and the US is now on that list.

However, while eToro runs multi-asset exchanges (offering stocks, commodities and Forex trading) in other countries, so far US clients can only trade cryptocurrencies on the platform.

Social Trading: EToro's CopyTrader allows you to automatically copy and trade based on the movements of other traders. How it works: You choose an investor you want to copy, and with a click of a button you can start mirroring their positions automatically (with the option of a stop-loss level to limit potential losses).

The minimum amount to copy a user is $200 and the maximum amount is $500.000. Users can copy up to 100 traders simultaneously. Even without using CopyTrader, users can view millions of portfolios, statistics and risk scores from other traders.

POSITIVE
  • Offers access to 17 cryptocurrencies.
  • Expanding the educational offer for novice traders
  • Social Trading: Ability to copy trades from popular traders.
  • Free stock and ETF trading
  • Regulated in two high-profile jurisdictions
NEGATIVE
  • Customer support needs to be improved
  • Internal withdrawal fees
  • Low leverage and higher minimum deposits, but within a reasonable range

Conclusion

Before signing up with other platforms that are selling 'bitcoins' and other virtual currencies, it is vital that you do your due diligence regarding the platform. Make sure the platform you are looking to use has a good reputation in the market.

There are plenty of scammers lurking, as well as shady deals. It's not unusual, hackers steal your credit card information and other personal data.

While there are risks involved in purchasing Bitcoin using bank cards, it is also one of the easiest ways to acquire this digital currency. In fact, it's comparable to purchases that are made online.

However, buying Bitcoin with cards often carries high fees and can leave shoppers exposed to risk. Fees for purchases made with bank accounts are generally the lowest.

Bitcoin purchases with stolen credit or debit cards are impossible due to the verification processes that platforms have implemented to protect shoppers. Anonymous 'bitcoin' purchases are also impossible due to the verification processes.

Unfortunately, prepaid cards don't work on the most popular platforms. If you have a prepaid debit or credit card, you may need to consult the LocalBitcoins to buy 'bitcoins'.

Individuals should spend a lot of time researching platforms before purchasing any bitcoin. Due to the verification processes, it would be really terrible to have your personal information or identification falling into the hands of some scammers, or dubious platforms.

It is also highly recommended that users transfer their 'bitcoins' from the platforms directly into their personal Bitcoin wallets to keep the acquired assets safe from theft.

You are not limited to using just one platform. This means you can have accounts on all world-recognized exchanges such as CoinMama, Coinbase, BitPanda, Changelly and CEX. This is an alternative for users who feel limited by the transaction limits of each platform.

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