If you’re looking to buy Bitcoin (BTC) using your credit card, look no further because this guide will tell you all you need to know. In addition to outlining how you trade BTC using Visa and MasterCard, the table below will show you the best places to buy BTC using your credit card.

eToro
Key Features
Award-winning Cryptocurrency trading platform
11 payment methods, including PayPal
FCA & Cysec regulated
Min Deposit
£160
United Kingdom
Key Features
Award-winning Cryptocurrency trading platform
11 payment methods, including PayPal
FCA & Cysec regulated
Payment Methods
Credit Card, Debit Card, Wire Transfer, PayPal, Skrill, NETELLER, Yandex, WebMoney, UnionPay, Western Union, MoneyGram
eToro is a social trading platform based in Cyprus. The company has revolutionised the online trading industry by introducing innovative ways for traders to capitalise from the financial markets.
eToro is a multi-asset platform which offers CFD and non CFD products. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
CEX
Key Features
Margin Trading
Legal compliance
Advanced Reporting
Various Payment options
Min Deposit
£1
United Kingdom
Key Features
Margin Trading
Legal compliance
Advanced Reporting
Various Payment options
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies
Cex.io offers exchange of fiat currency for Bitcoin and Ethereum, as well as Bitcoin/Ethereum trading against the USD.
Wirex
Key Features
Convert and spend cryptocurrencies in store with the Wirex Card.
No Fees on Cryptocurrency purchases.
0.5% Cryptoback™ (cashback) on all in store card purchases.
Min Deposit
£25
United Kingdom
Key Features
Convert and spend cryptocurrencies in store with the Wirex Card.
No Fees on Cryptocurrency purchases.
0.5% Cryptoback™ (cashback) on all in store card purchases.
Payment Methods
Credit Card, Debit Card, Wire Transfer
XTB
Key Features
Best Cryptocurrency broker 2019 by Good Money Guide
Regulated in several major financial centers including FCA
230,000+ traders globally, full money clients segregation
Min Deposit
£250
United Kingdom
Key Features
Best Cryptocurrency broker 2019 by Good Money Guide
Regulated in several major financial centers including FCA
230,000+ traders globally, full money clients segregation
Payment Methods
Bank Transfer, Credit Card, PayPal, Skrill
A global regulated broker with more than 14 years experience, XTB is one of the largest stock exchange-listed FX & CFD brokers in the world. They have offices in over 13 countries including UK, Poland, Germany, France and Turkey. XTB as a group is also regulated by the world's biggest supervision authorities including the Financial Conduct Authority, KNF, and CMB.
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Bithoven
Key Features
Highest liquidity
858 crypto pairs available for trading
Customer Care Team working 7 days a week
Min Deposit
£1
United Kingdom
Key Features
Highest liquidity
858 crypto pairs available for trading
Customer Care Team working 7 days a week
Payment Methods
Cryptocurrencies
Bithoven is an up-and-coming cryptocurrency exchange platform where you can buy and sell altcoins and tokens quickly, safely and beneficially. We do not impose any limits on the number of daily withdrawals or deposits, thus, nothing will restrain your financial acumen. By choosing Bithoven, you opt for impeccable uptime, fault tolerance and advanced functionality.
Margin trading involves a high level of risk since leverage can work both to your advantage and disadvantage. You should carefully consider your objectives, level of experience and risk appetite
Coinmama
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Min Deposit
£1
United Kingdom
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Payment Methods
Debit Card
Coinmama is a bitcoin broker based in Israel. They specialize in selling bitcoins for credit card to nearly anyone in the world.
24option
Key Features
Leader in Crypto CFDs
Cryptocurrency Education Centre
Easy to use Trading Platform
Min Deposit
£200
United Kingdom
Key Features
Leader in Crypto CFDs
Cryptocurrency Education Centre
Easy to use Trading Platform
Payment Methods
Credit Card, Debit Card, Skrill
24Option is an online CFD broker providing an intuitive trading platform designed with the latest technological advancements that are geared towards new traders as well as professionals.
EuropeFX
Key Features
24/5 multilingual customer support
Low minimum deposit
Easy deposit methods
Min Deposit
£200
United Kingdom
Key Features
24/5 multilingual customer support
Low minimum deposit
Easy deposit methods
Payment Methods
Credit Card, Debit Card, Wire Transfer, Skrill, UnionPay
Investous
Key Features
Daily market updates and news
Daily market analysis and historical data
Online webinars
Min Deposit
£250
United Kingdom
Key Features
Daily market updates and news
Daily market analysis and historical data
Online webinars
Payment Methods
Credit Card, Skrill, Wire Transfer
Investous even new platform has already established a solid reputation as a portal that's built around the evolving needs of its members. It provides a smooth simple and streamlined interface that supports intelligent and intuitive trading, with a wide range of popular assets, superb educational tools and responsive customer service.
79.86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Luno
Key Features
Expert team
Trusted provider
Backing from leading investors
Min Deposit
£1
United Kingdom
Key Features
Expert team
Trusted provider
Backing from leading investors
Payment Methods
Bank Transfer, Credit Card
Luno is on a mission to improve the worlds financial system and have recruited some of the best talent to do so.
Coinbase
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Min Deposit
£1
United Kingdom
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Payment Methods
Credit Card, Debit Card, Euro Bank Account, 3d Secure Credit Card
Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
Binance
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Min Deposit
£1
United Kingdom
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Payment Methods
Cryptocurrencies
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

Best Credit Card Cryptocurrency Exchanges

When the Bitcoin boom first hit, the only way you could own tokens is by mining them. Eventually, exchanges allowed you to swap one type of cryptocurrency for another. As platforms such as BitPanda Exchange have evolved, they’ve started to accept credit card payments. This, in turn, has made it safer and more convenient to buy BTC online.

How Credit Card Payments Have Made it Easier to Buy Bitcoin

One of the main reasons Visa and MasterCard Bitcoin payments have become popular is the level of protection they offer. Because these payment processors are highly regulated, you’re afforded a level of protection when you choose this option.

Indeed, if you were to use Coinbase Exchange or the Changelly platform to buy BTC with a credit card, you’d have a point of recourse in the event of a transaction failure. In other words, if the deposit doesn’t go through, it can be traced by Visa or MasterCard. In contrast, crypto-to-crypto payments aren’t as easy to trace and, therefore, riskier if you’re a novice.

Credit card transactions have also made BTC more accessible. For example, at CoinCheck Exchange, you can use your credit card to buy Bitcoin using Japanese Yen. Over at Kraken, the same option is available but in USD, GBP and EUR. Put simply, credit cards are international, which means you can pay to trade wherever you are as long as local laws permit.

buy bitcion with credit card

A Brief History of Credit Card Crypto Exchanges

2009 to 2013: During the early days of Bitcoin and altcoins, there was no way to purchase credits using your credit cards. Because early exchange platforms either used crypto-to-crypto provisions or trades set up between individuals, there was no scope for official credit card transactions.

As the early exchanges started to emerge from 2012 onwards, accepting credit card deposits was difficult due to chargeback issues. However, as the industry grew and leading platforms started to generate money, anti-fraud companies started providing insurance against chargebacks. Although this made credit card payments more expensive than bank transfers, it opened up the market.

2013-2014: Coinbase was one of the first major cryptocurrency exchanges, which also means it was one of the first to accept credit cards. Coinmama Exchange also went live in 2013 and got around the issue of banks being wary of crypto payments by transferring tokens from its own holding rather than via peer-to-peer system. This gave Coinmama more control over the sale process and, therefore, made credit card payments possible.

By 2014, CEX Trading had gone live and now has a network of 700,000+ traders swapping cryptocurrencies and making credit card deposits. This model has since been adopted by dozens of alternative exchanges.

2018: Following a period of growth in 2017, banks started to worry about customers falling into debt by buying cryptocurrencies. In 2018, UK-facing exchanges had to stop processing credit card payments from customers that used Lloyds, Halifax and Bank of Scotland. In light of this move, Coinbase stopped supporting all credit card transactions from UK and US customers.

Today: Outside of the crypto-specific exchanges, modern trading platforms like eToro now provide an alternative for credit card users. Because these exchanges allow you to buy contracts for difference (CFDs) rather than the underlying asset, they’re subject to strict financial regulations. The benefit of this is that credit card payments are not only allowed but extremely safe.

Credit Card Bitcoin Payments vs. Other Payment Methods

Although credit card BTC transactions have become popular in recent years, there are other ways to buy cryptos using fiat currencies. One of the best ways to buy BTC is PayPal. To give you an idea of how these two match up, here are some of pluses and minuses to buying Bitcoin using a credit card:

Security: Credit card and PayPal payments are both extremely safe. However, the former will often offer some type of insurance in the event of fraud taking place. In other words, if your deposit was stolen by a rogue operator, you may be able to get your money back from the credit card provider.

Personal Details: Perhaps the biggest advantage PayPal has over credit cards is the amount of personal information you have to give away. With cryptocurrencies being all about decentralisation and anonymity, there are those that feel credit card payments require you to include too many personal details. Although PayPal still requires you to input some details, it’s not as many. For complete anonymity, crypto-to-crypto exchanges such as Binance Exchange are the best.

Fees: It can sometimes be the case that credit card BTC transactions have higher fees that PayPal and bank ACH transfers. For example, PaxForex Exchange will charge 6% and insist on a minimum deposit of £100. However, this isn’t always the case. Luno Crypto Exchange and City Index don’t charge any deposit fees.

Transaction Times: Both credit card and PayPal transactions are processed instantly. In contrast, bank and wire transfers can sometimes take up to 24 hours to complete.

Availability: Compared to PayPal, credit cards are accepted at more exchanges. From our list of recommended crypto exchanges, 22 accept Visa and/or MasterCard, including CEX Trading, 24Option Trading and Kraken Exchange.

As you can see, buying BTC with a credit card is not only simple buy secure, efficient and accessible. To buy Bitcoin using your Visa or MasterCard, check out our table of recommended brokers.

Top Cryptocurrency Exchanges to buy with Credit Card

 

For other payment methods, see:

Featured image source: Pixabay