How to Buy Bitcoin with a Credit Card – Best Methods in 2023

One of the fastest ways to buy Bitcoin and other cryptocurrencies is with a credit card. While investors will first need to go through a KYC process, this often takes just minutes to complete.

In this guide, we explain how to buy Bitcoin with a credit card instantly. We also discuss where to buy Bitcoin with a credit card safely and with low fees in 2023.

Where to Buy Bitcoin with Credit Card – Top 5 Exchanges

Here’s a quick overview of the best websites to buy Bitcoin with credit card in 2023:

  1. eToro: eToro is the overall best place to buy Bitcoin with a credit card – especially when it comes to fees and safety. There are no fees to deposit funds with Visa, MasterCard, or Maestro when the payment is made in US dollars. eToro charges just 0.5% in non-USD currencies. What’s more, eToro is regulated by FINRA, FCA, ASIC, and CySEC. The minimum credit card deposit at eToro is just $10, and over 90 cryptocurrencies are supported.
  2. is a popular crypto exchange that supports over 250 digital assets. It supports all major credit cards at a fee of 2.99%. After buying Bitcoin with a credit card, investors can deposit their BTC tokens into a savings account. This enables investors to earn income on Bitcoin.
  3. Binance: Binance is the largest crypto exchange for trading volume, and it supports credit card deposits across multiple currencies. Fees vary depending on the user’s country of residence. For example, Europeans pay 1.8% while Australians are charged 2%. Binance supports hundreds of crypto markets, so will appeal to active traders.
  4. Coinbase: Launched in 2012, Coinbase is a leading crypto exchange for user-friendliness and security. It allows investors to instantly buy Bitcoin with a credit card after completing a quick KYC process. While Coinbase offers frictionless access to the crypto markets, credit card payments are charged 3.99%. Higher fees are charged if the payment is under $200.
  5. Kraken: Kraken is a global crypto exchange that supports credit card payments, charged at 3.75% of the purchase amount. It boasts over 9 million clients across 190 countries. Kraken is popular with investors that want to buy Bitcoin on margin, with leverage of up to 1:5 available.

Why Buy Bitcoin with a Credit Card?

Credit cards are just one of many payment types available when buying Bitcoin online. But are credit cards the best option?

Below, we explain why buying Bitcoin and other cryptocurrencies with a credit card is the most seamless option.

Fast Bitcoin Purchases

When it comes to speed, credit cards are the fastest way to buy Bitcoin. Transactions are processed within seconds, allowing investors to obtain their Bitcoin near-instantly.

Do I Need ID to Buy Bitcoin With a Credit Card?

  • Do note that in order to use a credit card to buy Bitcoin, a KYC process is required.
  • This means entering some basic personal information and uploading a copy of a government-issued ID.
  • The good news is that many Bitcoin exchanges have automated the KYC procedure.
  • This means that the documents will be verified in real-time. As such, from start to finish, buying Bitcoin with a credit card takes just minutes.
  • Moreover, once the initial KYC process is out of the way, future purchases will be instant.

Now compare this to another traditional payment type, such as a bank account transfer. Depending on the financial institution and payment network, this can take several days to process. In the meantime, investors might have missed out on a suitable entry price for their Bitcoin purchase.

High Security

There are several reasons why buying Bitcoin with a credit card is also the safest option.

How to Buy Bitcoin with a Credit Card

First and foremost, the best crypto exchanges supporting credit card payments are regulated. eToro, for example, is authorized and regulated by financial bodies in the US, Australia, the UK, and Cyprus. This means that investors have peace of mind when entering their credit card details.

  • What’s more, all crypto exchanges accepting credit card payments must follow certain rules, regardless of where they are licensed.
  • This includes verifying the user before a credit card can be used.
  • As noted above, this entails providing the exchange with a government-issued ID, such as a passport or driver’s license.

Another safeguard is that crypto exchanges use encrypted tools when processing credit cards. Put simply, this means that the exchange cannot see the credit card details being typed into its website. This prevents the risk of becoming a victim of fraud.

Where to Turn in the Event of a Fraudulent Credit Card Payment?

Consumers have the safety net of a chargeback should they experience a fraudulent transaction on a crypto exchange. For instance, the investor buys Bitcoin with a credit card but never receives the tokens. Or, the investor is charged significantly more than the stated fees and commissions. In these instances, the investor could contact the credit card issuer to begin the chargeback process. The credit card company will investigate the transaction accordingly.

Ultimately, there are plenty of security protocols in place to ensure buying Bitcoin with a credit card is safe.

Great for Dollar-Cost Averaging

One of the best long-term strategies when investing in Bitcoin is dollar-cost averaging. Those following this strategy will buy Bitcoin at fixed amounts at refined intervals. For example, buying $150 worth of Bitcoin at the end of each month.

  • Using a credit card for this purpose makes the strategy more seamless.
  • This is because the credit card details will already be saved on the chosen exchange.
  • Then it’s just a case of completing the payment on the respective date, which shouldn’t take more than a couple of minutes.

In comparison, dollar-cost averaging via bank transfers can quickly become cumbersome.

Simple Withdrawals

Buying Bitcoin with a credit card also makes it simple to cash out. As per anti-money laundering (AML) regulations, withdrawals must be made to the same payment type. This means that after selling Bitcoin back to real-world money, the funds can be withdrawn back to the same credit card.

What’s more, the credit card details will already be saved on the chosen exchange. As such, the process is fast and frictionless. While transaction times vary depending on the day of the week and the credit card issuer, the withdrawal should arrive in 2-3 business days.

Competitive Fees Are Available

In many cases, buying Bitcoin with a credit card is often the most expensive option. For example, Coinbase charges 3.99% on credit card payments. While Kraken and charge 3.75% and 2.99%, respectively.

eToro fees

That said, with over 200 crypto exchanges in the market, there are much cheaper options available. In fact, US clients can deposit funds with a credit card at eToro without paying any fees at all. Other currencies are also accepted by eToro at a small FX charge of just 0.5%.

As such, it pays to shop around when choosing a place to buy Bitcoin with a credit card.

Ideal for Mobile Payments

The crypto markets move at a rapid pace, so there might come a time when investors want to buy Bitcoin instantly. In this instance, the process is just as seamless when using a mobile device.

This is because most smartphones come with a secure ‘Auto Fill’ feature. This allows investors to instantly buy Bitcoin with a credit card no matter where they are.

The investor simply needs to log into their exchange account to complete the payment. In contrast, opting for a bank account transfer will take several days, irrespective of the device type.

Top Exchanges for Buying Bitcoin with Credit Card Reviewed

Now that we have covered the benefits of using a credit card to buy Bitcoin, we can now explore the best places to do so.

Below, we compare the best exchanges for the job in terms of fees, security, user-friendliness, speed, and other important factors.

1. eToro – Overall Best Place to Buy Bitcoin With a Credit Card

eToro leads the way when buying Bitcoin and other cryptocurrencies with a credit card. Launched in 2007, eToro is an established, regulated broker that boasts over 30 million clients. It takes just minutes to register a new account. And best of all – this includes the KYC process. This is because eToro has automated the verification procedure, so investors aren’t required to wait around.

Then, it’s just a case of entering the credit card details to complete the payment instantly. eToro is by far the cheapest crypto broker to use a credit card. If the payment is made in US dollars, then no fees apply. A small FX fee is charged on other currencies, such as euros and British pounds. The minimum credit card payment at eToro is just $10. The platform also accepts debit cards, PayPal, Neteller, and other e-wallets as well as allowing users to buy Bitcoin with a bank account.

etoro credit card deposit

After making a deposit, the investor can then search for Bitcoin and complete their purchase. The minimum trade amount is just $10, which is ideal for dollar-cost averaging. The Bitcoin tokens are then stored in the eToro web wallet. eToro is responsible for keeping the tokens safe. It keeps the majority of crypto assets in cold storage, meaning they remain offline, away from hackers.

Furthermore, users will need to go through two-factor authentication when logging into their accounts. The platform will send a unique code via SMS, ensuring that only the account owner has access to Bitcoin tokens. In addition to Bitcoin, eToro also supports the best altcoins. This includes Ethereum, Shiba Inu, Tron, Stellar, Dogecoin, XRP, BNB, and dozens more.

eToro buy Bitcoin

When it comes to cashing out, eToro users can sell their crypto investments back to cash at the click of a button. The funds can then be withdrawn to the same credit card used to make the original deposit. The minimum withdrawal is a very reasonable $30. No fees are charged when withdrawing US dollars. Non-USD withdrawals are charged $5.

eToro is one of the few crypto brokers offering passive investment tools. This will appeal to complete beginners without prior trading experience. For example, the eToro copy trading tool can be used to ‘copy’ other traders, mirroring all positions automatically. While smart portfolios are professionally managed by eToro and cover a diversified basket of top cryptos.

Pros pros

  • Overall best place to buy Bitcoin with a credit card in 2023
  • No credit card fees on USD payments
  • Other currencies are charged just 0.5%
  • Minimum credit card deposit of just $10
  • Also allows users to buy BTC with PayPal
  • Takes just minutes to open a verified account and seconds to complete payments
  • Supports 90+ cryptocurrencies
  • Offers one of the best crypto wallets for storing Bitcoin

Cons cons

  • Supported trading tools might not suit advanced traders
  • Does not accept American Express

Cryptoassets are highly volatile and unregulated in most countries. No consumer protection. Tax on profits may apply. Your capital is at risk.

2. – Instant Credit Card Payments via a Native Mobile App is a popular crypto exchange that was launched in 2016. It offers a comprehensive range of investment tools, including an exchange that supports over 250 cryptocurrencies. This includes everything from Bitcoin, Ethereum, and Solana to Litecoin and Polygon. Although also offers a desktop-based exchange, credit card payments are only accepted via its app.

The app is available on both iOS and Android devices. It usually takes about five minutes to register an account, including the KYC process. The latter can be completed by taking a selfie with the user’s government-issued ID. After that, instant credit card payments can be made with Visa or MasterCard. Fees are fixed at 2.99% of the deposit amount. review

While this might be considered more competitive than Coinbase and other leading exchanges, the same payment at eToro starts from 0%. Nonetheless, we like that offers some of the lowest trading commissions in the industry. This starts from just 0.075% per slide. Meaning – a fee of just $0.75 for every $1,000 traded. offers lower fees when 30-day trading milestones are met. However, this requires at least $250,000 worth of monthly volume. Trading commissions are also reduced when staking its native token, Cronos (CRO). Another reason we like is it offers savings accounts. This allows investors to generate income from their Bitcoin holdings. That said, the maximum APY on Bitcoin is currently just 1.5%.

Pros pros

  • Regulatory-compliant crypto exchange with over 80 million clients
  • Instant credit card payments after completing a quick KYC process
  • Supports more than 250 digital assets – including some of the best-emerging cryptocurrencies
  • Great option for Bitcoin investors that prefer using a smartphone

Cons cons

  • Credit card payments are charged 2.99% of the purpose amount
  • Payments can only be made on the app

3. Binance – Leading Crypto Exchange Supporting Bitcoin and Hundreds of Other Markets

Binance is the largest crypto exchange by some distance, with more than $7 billion worth of trading volume in the prior 24 hours alone. It offers some of the lowest trading commissions in the market, with traders paying just 0.1% per slide. Just like, lower commissions are available when meeting 30-day trading milestones.

After opening an account with Binance, users have the option of depositing funds with a credit card. But do note that fees will vary depending on the currency being used. For example, those depositing euros will pay 1.8%. Deposits in Australian dollars are slightly higher at 2%. In other cases (e.g. British pounds), the credit card fee is built into the exchange rate.

Binance review

As such, investors using Binance will need to check the specific fee based on their local currency. Nevertheless, we like that Binance supports hundreds of trading markets, so will appeal to active traders. Additionally, Binance offers Bitcoin savings accounts, although these currently yield just 0.25%. Binance also offers leveraged Bitcoin markets, including futures and options.

Pros pros

  • Largest crypto exchange by trading volume
  • Supports hundreds of crypto trading markets
  • Trading commissions from 0.1% per slide
  • Credit card payments can be made in more than a dozen fiat currencies

Cons cons

  • Credit card fees vary widely depending on the currency
  • Payment gateways are sometimes unavailable for specific currencies

4. Coinbase – Regulated Crypto Exchange Appealing to First-Time Bitcoin Investors 

Coinbase is an established crypto exchange that was launched in 2012. It is based in the US but also accepts clients from over 100 other countries, including the UK, Australia, and most of Europe. Coinbase appeals to first-time Bitcoin investors that seek a simple and user-friendly platform. Accounts take about 5-10 minutes to open, and KYC is required before having access to the exchange.

After completing KYC, users can instantly buy Bitcoin with a credit card. Purchases of above $200 are charged 3.99%, which is one of the highest in the market. Fees work out even more expensive when buying less than $200 worth of Bitcoin. This is because a flat fee kicks in, which works out at more than 3.99%. Although Coinbase also charges 1.49% on standard trading commissions, this is built into the credit card fee.

Coinbase review

In addition to Bitcoin, Coinbase lists hundreds of other cryptocurrencies. This includes everything from Ethereum, Stellar, and Filecoin to Uniswap, Cardano, and Dogecoin. While Coinbase also allows users to earn staking rewards, this doesn’t include Bitcoin. Nonetheless, we like that Coinbase comes packed with security features. This includes cold storage, two-factor authentication, device whitelisting, and timelocks on withdrawals.

Pros pros

  • One of the best places to buy Bitcoin with a credit card as a beginner
  • Minimum deposit of just $2
  • US-based and provides institutional-grade security
  • Supports Bitcoin and over 100 other cryptocurrencies – including some of the best utility tokens

Cons cons

  • Credit card payments are charged 3.99%
  • Payments under $200 attract even higher fees
  • 1.49% standard trading commission

5. Kraken – Popular Crypto Exchange for Investors Wanting to Buy Bitcoin on Margin

Kraken is another established crypto exchange that was founded in 2011. It supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Dogecoin. Kraken allows verified users to instantly buy crypto with a credit card. This is charged at 3.75%, which is considered high. The minimum credit card deposit is $10, or the equivalent in other currencies. A maximum of $5,000 worth of crypto can be purchased within a 7-day period.

Standard trading commissions are reasonable, starting at 0.26% per slide. This can be reduced when 30-day trading milestones are met. In addition to 24/7 customer support, we like that Kraken allows users to buy Bitcoin on margin. Eligible users can access leverage of 5x, so only 20% of the purchase amount is required. Not only is margin trading supported for Bitcoin but dozens of other cryptocurrencies.

Kraken review

Margin trading is charged between 0.01% and 0.02% per order. This is in addition to financing fees, which are charged every four hours. Kraken is also a good option for active traders. Its ‘Pro’ platform supports plenty of trading tools, including customizable charts and technical indicators. Kraken also supports Bitcoin futures markets and NFT trading. Finally, Kraken can be accessed via standard web browsers and its native app for iOS and Android.

Pros pros

  • Buy Bitcoin with a credit card from just $10
  • Trusted exchange that was founded in 2011
  • Supports Bitcoin and over 200 other cryptocurrencies
  • Buy Bitcoin on margin (leverage of up to 5x)

Cons cons

  • 3.75% fee when using a credit card
  • KYC process is slower than other exchanges
  • 72-hour withdrawal lock after depositing funds with a credit card

How to Buy Bitcoin with Credit Card on eToro – Tutorial

Wondering how to buy BTC with a credit card in just five minutes from start to finish?

We will now explain how to complete the process with eToro, a regulated broker that charges 0% (USD) or 0.5% (non-USD) on credit card deposits.

Step 1: Open an eToro Account

The process begins by visiting the eToro website, clicking ‘Sign Up’, and opening an account.

etoro sign up form

This is a standard registration process that will collect some basic personal information. Users will also need to verify their mobile number via SMS.

Step 2: Get Verified 

All crypto brokers and exchanges are legally required to verify users wanting to deposit fiat money. The good news is that this takes less than two minutes on eToro.

First, upload a clear copy of a government-issued ID. eToro accepts passports and driver’s licenses. State ID cards are also accepted.

eToro KYC process

Next, eToro also needs a proof of address document. This must have been issued within the prior three months. Examples of supported documents include utility bills and credit card statements.

After uploading the documents, eToro will verify them near-instantly.

Step 3: Deposit Funds With a Credit Card 

Now the account has been verified, the user can deposit funds with a credit card. eToro accepts Visa, MasterCard, and Maestro. The minimum credit card deposit is just $10.

Deposit Funds With a Credit Card on eToro

To reiterate:

  • USD deposits are free of charge
  • Non-USD deposits are charged 0.5%

Type in the credit card details, enter a deposit amount and complete the payment. The funds will instantly show up in the user’s account balance.

Step 4: Search for Bitcoin 

With a funded account, the next step is to search for Bitcoin on the eToro website or app.

Buy Bitcoin on eToro

Simply type in ‘Bitcoin’ and click on the ‘Trade’ button. This will load an order box to buy Bitcoin.

Step 5: Buy Bitcoin 

The final step requires investors to fill out the order box that appears on their screen.

Type in the amount of money to invest in Bitcoin. This can be any amount from $10. In our example, we have opted for a $75 purchase.

eToro Buy Bitcoin 

To confirm the order, click on ‘Open Trade’. And that’s it – Bitcoin has just been purchased, and the tokens will now be safely stored by eToro.

Can You Buy Bitcoin with a Credit Card with no Verification?

The simple answer is no – it is not possible to buy Bitcoin with a credit card without providing the exchange with ID. This is because crypto exchanges must follow the same anti-money laundering laws as traditional stock brokers.

In other words, users will need to provide personal information which is backed up by a government-issued ID. This is in addition to a recently issued proof of address document, such as a credit card. Further KYC measures may be applicable when purchasing larger amounts – typically $10,000 and above.

While KYC requirements might seem cumbersome, many exchanges have streamlined the process. At eToro and Binance, for example, KYC documents are verified near-instantly. This ensures that investors can buy Bitcoin with a credit card without delay.

Bitcoin BSC – BTC Alternative With 370% APY Rewards For Just $0.99, Raises $1.5M In 8 Days

Bitcoin is one of the most important additions to any crypto portfolio, but it’s not without its drawbacks. The legacy crypto offers no staking rewards, has a poor carbon footprint, low transaction speeds, and high fees. Many would argue that its upside potential is limited in comparison to newer, more modern cryptos. 

Due to all of this, we have seen a number of Bitcoin replicas crop up, which emulate the price and supply of Bitcoin but power it up with a next-gen blockchain and high APY yields. This is precisely what is offered by Bitcoin BSC ($BTCBSC) a campaign that managed to raise $1.5 million in just 8 days.

Bitcoin BSC is a copy of Bitcoin, with a supply of 21 million tokens, 6.125 million of which are available for purchase at a price of just $0.99, identical to BTC in 2011. But this token offers a lot more, placed on a high voltage BNB Smart Chain with estimated APY yields of 370%. 

This Bitcoin implementation is low-cost, eco-friendly, fast, and with smart contract utility. All of these are significant advantages as compared to Bitcoin’s deprecated PoW mining mechanism. 

BTC20, another Bitcoin clone, experienced 600% upside soon after its presale was completed. Bitcoin BSC could perform even better, as its BNB Smart Chain is functionally superior to the Ethereum blockchain used by BTC20. 

Bitcoin BSC has further undergone an advanced smart contract audit with no issues found, and the founders have not allocated themselves any tokens – both of which are strong signs of project integrity. 

Bitcoin BSC has essentially taken BTC in 2011 and upgraded it through the power of the BNB Smart Chain, with staking yields for investors. Credit Card is also listed as an acceptable means of payment for this token. 

For more information, do read the Bitcoin BSC Whitepaper, and remember that this is not actually Bitcoin, but a token that copies a previous point in its history. 

The Twitter and Telegram channels should also be checked out for additional information. 

Hard Cap $6,063,750
Total Tokens 21 Million
Tokens available in presale 6.125 Million
Blockchain BNB Smart Chain
Token type BEP20
Minimum Purchase $10
Purchase with USDT, ETH, BNB, Credit Card


In summary, the fastest and most seamless way to buy Bitcoin is with a credit card. Be sure to shop around, as credit card fees can vary considerably.

We found that eToro is the best option, considering that credit cards issued in USD are processed free of charge. Other currencies are also accepted by eToro and are charged just 0.5%.

Most importantly, eToro is a regulated broker – holding licenses with FINRA, FCA, ASIC, and CySEC.

Cryptoassets are highly volatile and unregulated in most countries. No consumer protection. Tax on profits may apply. Your capital is at risk.



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Kane Pepi

Kane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…