How to Buy Crypto Online with Credit Card

You may be eager to start buying cryptocurrency with a credit card, but it can be frustrating to figure out how to go about it. This step-by-step guide will help you learn how to buy crypto online with a credit card on different platforms. 

Knowing what payment methods the exchanges accept and understanding the fees they charge will save you a lot of headaches in the future.

Where to buy cryptocurrencies with a credit card instantly 

Any platform that allows you to link your credit card should instantly buy crypto with a credit card. These platforms include eToro, Binance, Coinbase, Coinmama, and many more.

How to purchase cryptocurrencies with a credit card on eToro

eToro is recognized as one of the foremost social trading platforms globally. It provides a cryptocurrency trading feature for its users. With eToro, you can invest in cryptocurrencies such as Bitcoin Ethereum and other cryptocurrencies by purchasing them using your credit card. Purchases with credit cards on eToro are charged at 0.75% to 5%. Credit card clearance is free.

Here’s a gradual guide on how to buy crypto with a credit card on eToro:

Step 1: Open an account

Firstly, register for a free account with eToro. Include personal information such as your name, email address, phone number, and country of residence. 

Choose “cryptocurrency” as your sign-up purpose, then scroll down to the bottom of the page and click “Open Account.”

Step 2: Verify your account

After opening your account with eToro, you will need to verify it by uploading an approvedphoto ID and accredited proof of address (i.e., utility bill). Once complete, you should receive notification that your account has been verified within 24 hours, although this can sometimes take longer.

Step 3: Submit your payment details

After selecting the ‘Buy Now’ option, you will be asked to fill in a short form. Here, you will be required to offer your Credit Card details and submit them.

Step 4: Validate your card

After submitting your Credit Card details, you will see a message from our Payment Provider. This message contains a 4-digit code sent to the mobile number you used when registering. Input this code into the vacant field and click ‘Submit’ to validate your card.

Step 5: Carrying out the transaction

Once your credit card has been validated, you will be directed back to eToro, where you can execute the transaction by clicking ‘Confirm.’ After that, the crypto assets will be put into your portfolio. Then be put into your portfolio.

How to purchase cryptocurrencies with a credit card on Binance?

Binance is one of the world’s largest cryptocurrency exchanges in the market. It has its own credit card payment service that allows users to buy cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) with their Visa or MasterCard. 

Here is how to buy crypto with a credit card on Binance

  1. Go to Binance website or download the app for your device.
  2. Register an account or login into your existing one.
  3. Select the “Buy Crypto” button and click “Credit Card” as a payment method.
  4. Choose the coin you want to buy (BTC, ETH, USDT, etc.).
  5. Enter the amount you want to spend and click the “Buy now” button.
  6. Confirm your order by choosing the “Pay with credit/debit card” option in a pop-up window.
  7. Before clicking the “Confirm” button, fill in the relevant fields and double-check that all of the information is correct: your full name, billing address, phone number, and email address should be provided correctly for verification purposes.
  8. Enter the 3DS passcode from your bank card or choose other 2FA methods if needed for additional safety measures.
  9. You will receive the cryptocurrency assets after the transaction gets successful.

How To Purchase Crypto with Credit Card on Coinbase

Coinbase is one of the popular cryptocurrency exchanges globally, allowing you to purchase and sell digital currencies such as ADA, Bitcoin, and Ethereum. Coinbase’s mobile app and website make buying and trading bitcoins simple. You can also use credit cards on Coinbase to fund your account or buy cryptocurrencies. Coinbase charges a 2.49% transaction fee on all crypto purchases made using a credit card.

 Here’s how to buy crypto with a credit card on Coinbase

  1. Sign up for a Coinbase account.
  2. After creating an account, verify your email address and phone number
  3. When your account is created, go to the payment methods page and click “Add Payment Method,” where youare expected to enter your credit card details.
  4. Fill in the essential information for “Credit/Debit Card.”  Enter your name in full (as it appears on your credit card) as well as your Billing Address and Credit Card Number, Expiry Date, Security Code (CVV). Click “Add Card” once all of the information has been submitted.
  5. A verification process will follow, which may require you to upload a picture of a government-issued ID or other proof of identity documents for security reasons. This is one of the main requirements of all cryptocurrency exchanges when dealing with fiat currencies such as USD. This helps prevent fraud and money laundering schemes.
  6. Go back to the buy page and enter the amount you wish to buy. Choose the debit/credit card as a payment method. Once a transaction is complete, the crypto is deposited into your digital account.

How to buy cryptocurrencies using a credit card on Coinmama

Coinmama is a popular cryptocurrency broker platform based in Israel. It has over 1.5 million users spread across 190 countries worldwide. The company specializes in Bitcoin and Ethereum trading. Coinmama lets users buy crypto using their credit card in addition to debit card purchases. 

After verification of your account and card, you can buy Bitcoin on Coinmama with a credit card up to 15,000 USD per month. Coinmama charges a higher fee than other exchanges – expect to pay between 4.9% and 5.9% fees with a credit card.

Here’s how to buy crypto with a credit card on Coinmama:

  • Go to Coinmama’s website.
  • Select the “Sign Up” link located at the top right of the homepage.
  • Input your first name, last name, email address, and password, then click “Create an account.”
  • Once your registration has been completed, you will get an email from Coinmama with a verification link. Click it to verify your account and activate it for trading.
  • Once you log into your account, click the “Buy” tab, then select “Bitcoin,” “Ethereum,” or any of the other cryptocurrencies available for purchase on Coinmama.
  • Choose the amount you want to buy or enter your desired amount in the field provided. Then click “Buy Bitcoin/Ethereum now.”
  • Then choose your preferred payment method (“Credit/debit card”). Finally, enter your wallet address and click continue.
  • Update your credit card information (card number, expiry date, CVV). Next, complete the ID verification by taking a selfie of yourself holding a government-issued ID document passport or driver’s license.
  • If successful, your card will be charged for the purchase and crypto deposited in your Coinmama wallet.

How long does a credit card or debit card Bitcoin transaction take to complete?

Most of the time, when you buy bitcoin with a credit card, it is instantaneous. However, the transaction can take 3-4 hours in some cases. This is because certain processes need to be followed before the transaction can be completed successfully.

During this process, you might also be asked to verify your identity by uploading a picture of your ID. The verification process might vary depending on the seller, so it is good to do thorough research before choosing an exchange or seller.

Also, remember that each platform has its timeframes for completing transactions, and these timeframes may vary, ranging from some minutes to several days. Lastly, it is important to process credit card payment with risks such as hidden fees, lengthy processing times, and other limitations.

Is Buying Crypto with Credit Card Safe?

Buying crypto with a credit card is just as safe and secure as buying it with cash. On top of that, using your credit card allows you to leverage rewards points as you make purchases. The key advantage to using a bank account is that you can buy crypto from the highlighted platforms while waiting several days for the purchase to go through. This is all done when you buy crypto with a credit or debit card.

Transfer your crypto to and Earn Yields

HI is one of the foremost cryptocurrencies you can stake to earn passive income from your crypto holdings. You can earn up to 40% APY in interest, paid out daily.

As a non-profit digital banking system, hi is the world’s first cross-platform financial service system based on chat tools—no need to install a separate application. Instead, you can stake and earn HI directly in the chatbox. 

To transfer your crypto to, simply head over to Telegram or WhatsApp to register, then follow the steps below:

Outlined below is an easy guide on how to transfer your digital assets over to hi Wallet.

  • Create your account on the hi Mobile or Web App 
  • Tap on the hi logo on the main screen to summon the menu, and click on Deposit
  • Select the currency you’d like to deposit from the drop-down menu. hi supports all of these currencies, with even more to come soon
  • Once you’ve selected the crypto you are depositing, say ETH, then copy over the Deposit Address to your clipboard. 
  • Now that you’ve copied the deposit address, head over to your Wallet where your crypto is held (e.g.,  and follow the platform-specific instructions to withdraw.
  • Once withdrawn, come back to to confirm that the funds have been deposited and are safe in your hi Wallet. Then, get ready to stake and earn.

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