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How to Buy Crypto with Credit Card in 2023

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A credit card is a convenient way of buying cryptocurrencies as it is easy to use and accepted by a broad range of crypto platforms.

This article will explore where and how to buy crypto with a credit card as well as some of the pros and cons of using this payment method.

How to Buy Crypto with a Credit Card

If you’re looking for a simple way to buy Crypto with a credit card, all you need to do is sign up with a crypto exchange. You can access it online with a computer, smartphone, or tablet to quickly buy and sell a range of cryptocurrencies. The best platforms are listed below as well as a quick step-by-step guide on purchasing Crypto with a credit card.

1. Choose a platform

Hit the “Sign Up” button on the platform website and fill in the details requested on the registration form that follows. You will also need to scan your photo ID and proof of address to complete your KYC. The best platform to use is a regulated one, such as our top recommendations below.

1
Min. Deposit
$ 10
Promotion
User Score
5
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
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Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$ 0
Promotion
User Score
5
Get insights from millions of investors, creators, and analysts
Build your portfolio of stocks, ETFs, and crypto–all in one place
No minimum deposit
Start Trading
Description:
Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.
Payment Methods:
Bank Wire, Check, Debit Card, Wire Transfer
Full Regulations:
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.
3
Min. Deposit
$ 1
Promotion
User Score
5
Buy, Sell, and Trade Cryptocurrencies
Trade over 130 cryptocurrencies with low trading fees
We use state-of-the-art storage technology to protect your cryptocurrency and USD assets
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Description:
Binance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.
Payment Methods:
ACH, Apple Pay, Debit Card, Wire Transfer
Full Regulations:

2. Make a deposit using a credit card

Once your account has been verified, you can fund it by heading to the deposit page on your platform. There will be a list of payment options that are available, from which you can select a credit card. Now you can simply enter the amount you wish to transfer and hit the “Deposit” button.

3. Buy cryptocurrency

Find the trading pair for your local currency and the cryptocurrency you wish to purchase. You might have to buy another cryptocurrency first, such as BTC or USDT, if there isn’t a relevant trading pair for your desired cryptocurrency. Type in the amount you want and hit the “Buy” button.

Table of Contents

Where to Buy Crypto with Credit Card?

As credit cards are widely accepted, there are plenty of places you can use them to purchase crypto. To help you narrow them down here is some information about three of the best and safest crypto exchange platforms that accept credit cards.

1. eToro

With an ever-growing list of 60+ cryptocurrencies to trade, eToro is our top recommendation when it comes to where to purchase crypto with your credit card. It’s easy to discover trending coins, add them to your watchlist, and stay on top of the market—you can even trade a range of traditional financial instruments at the same time.

The regulated platform is a secure place to trade with competitive fees, whether you’re a beginner making simple purchases or a pro using advanced trading tools. What really sets eToro apart from the competition is its social investing features, like the innovative CopyTrader that lets you replicate the actions of successful traders around the world. Read our full eToro review.

2. Coinbase

It’s easy to buy more than 150 cryptocurrencies with your credit card on Coinbase. The clear layout and intuitive navigation make it a great platform for beginners, while more experienced traders can switch to Coinbase Pro to access customisable charts and indicators.

There is a wealth of educational resources for expanding your crypto knowledge and regular learn and earn campaigns where you can pick up free crypto. The recurring buys feature makes regular purchases simple and there is even an NFT marketplace. Read our full Coinbase review.

3. Binance

You can buy over 600 cryptocurrencies with your credit card on Binance, making it the top place to discover new and obscure coins. There are advanced spot trading tools, as well as margin and derivatives trading, while less experienced users can use the convert feature to make simple swaps.

There is a plethora of earning products, such as staking and savings accounts, to help you grow your crypto once you’ve bought some. Other exciting features include fan token trading, an NFT marketplace, and a Launchpad for new tokens. Read our full Binance review.

Pros & Cons of Buying Cryptocurrency with Credit Card

If you’re still undecided about whether to use your credit card for buying crypto, here are some pros and cons to help you make up your mind.

Pros

  • Acceptance. Credit cards are a widely accepted payment method, meaning you’ll have plenty of choice of crypto platforms to use.

  • Convenience. If you’re already using your credit card for other purchases, it’s a quick and simple way of buying crypto, and if you save your card details on your platform, you can pay in a couple of clicks.

  • Spread the cost. There’s no need to pay up straight away when you use your credit card—you can wait until payday or even pay off large purchases in installments.

  • Secure. Credit cards provide an extra layer of security as they aren’t linked to your bank account. They also come with purchase protection and a zero liability policy to protect you from fraudulent payments.

  • Rewards. Card providers often reward their customers with loyalty points or cashback on purchases made using their credit cards.

Cons

  • Fees. The fee for buying crypto with a credit card may be higher than for other payment methods. There are also interest payments and other charges from your card provider to consider.

  • Getting into debt. You borrow money when you use your credit card, and if you’re unable to pay it back with interest, you could find yourself in debt and facing higher interest rates.

1
Min. Deposit
$ 10
Promotion
User Score
5
Up to $240 bonus!
Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$ 0
Promotion
User Score
4.75
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Description:
Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies. Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.
Payment Methods:
Apple Pay, Google Pay, PayPal
Full Regulations:
3
Min. Deposit
$ 1
Promotion
User Score
4.9
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Description:
Uphold is a platform which has over 50 cryptocurrencies to choose from. It's users can make crypto trades with a bank account, credit card or crypto debit card. It has variable fees and allows users to automate trades. Users who are on Brave's internet browser can also earn BAT tokens based on their browsing habits.
Payment Methods:
Full Regulations:

Fees When Buying Crypto with Credit Card

Some crypto platforms charge deposit fees and these can be higher for credit cards than other payment methods. There may be other charges when you make a purchase, such as blockchain transaction fees, spread, commission, or trading fees.

Is Buying Cryptocurrency with Credit Card Right for Me?

While the fees may be higher and there is a risk of debt, if you use your credit card responsibly, it can be a very convenient way of purchasing cryptocurrency, due to its speed, security, and almost universal acceptance.

Pros

Cons

Frequently Asked Questions

Which cryptocurrencies can I buy with my credit card?

You can use your credit card to purchase any cryptocurrency that is available on your platform. On eToro, for example, you can use your credit card to buy more than 60 of the most popular cryptocurrencies, while Binance offers more than 600 coins.

Will buying cryptocurrency with my credit card affect my credit score?

Your credit score could be affected whenever you use your credit card for purchases. The effect could be positive if you use your card responsibly or negative if you get into debt.

Is it better to buy crypto with a credit card or debit card?

This is a matter of personal preference. A credit card gives you more freedom to pay for your purchases later and/or in installments while buying crypto with a debit card avoids the risk of getting into debt.