This year 2017 has been a good year for the cryptocurrency market, especially for top coins like Bitcoin, Litecoin and Ethereum. There has been a lot of improvements, surges and exposure for cryptocurrencies, most especially for Bitcoin. One of the improvements that has happened to bitcoin this year include being able to easily buy the coin with your credit card.

Buying bitcoin with a credit card used to be a real hassle. But thanks to the exposure that happened to the cryptocurrency world this year, this hassle has now become a thing of the past. Now, while it is true that you can easily buy the world's number one cryptocurrency with your credit card, you still need to know who to buy from and how to buy so as to prevent things such as scams.
How To Buy Bitcoin With Credit Card

There are a lot of exchanges where you can buy bitcoin with credit cards. Most of these exchanges didn't allow the use of credit cards for the purchase of bitcoin from the onset due to the fact that when people buy with credit cards, some of them go to their banks to lodge complaints which result in chargebacks, making the exchange website stay stuck at the losing end.

Most exchanges now have advanced technologies that ensure that they are not unnecessarily charged and this is why using credit cards for the purchase of BTC is now allowed and popular in today's world.

Before we take a deep dive into the exchanges that accept credit card payments for the purchase of BTC, we need to let you know that it's unsafe to leave your Bitcoin in an exchange wallet. Once you have successfully purchased your BTC, ensure that you transfer them into a bitcoin wallet immediately so as to minimize the risk of losing your BTC. With that said, let's look at how and where you can use your credit card to purchase bitcoin.


Coinbase is the world's largest Bitcoin broker. They have been able to establish a unique and trustworthy reputation over the years. Besides the fact that they are trustworthy, Coinbase also charges relatively low fees. The user interface of the website is friendly and their security is top notch. You can purchase up to one hundred and fifty dollars' worth of bitcoin from using your credit card. You'll be charged a 3.75% convenience fee on every credit card transaction you make on the website. When you buy more than $100 worth of Bitcoins, this website will give you a bonus of $10 bitcoins.

The disadvantage of using is that it's not worldwide, that is, it cannot be used in every country. Trading on coinbase is allowed in only thirty three countries in the world. Another con is that you are only allowed to purchase just $150 worth of bitcoin per week. If you need more BTC, you'll have to wait till the following week or try some of the other exchangers we've listed below.


·  The first thing you'll do is head to to create an account.

·  Once you've successfully created your account, go to settings, click on payment methods, click on add payment method, then you click on the add credit/debit card option.

·  Doing the step above will provide you with a page where you'll enter your card information. Once your card has been confirmed by Coinbase, you'll be able to purchase BTC by clicking on the buy/sell option.

· When you buy BTC from Coinbase, your bitcoin will be automatically stored in your Coinbase bitcoin wallet.

Note that you'll need to upload a government issued ID card before being able to connect your card. Your uploaded ID card will be used for verification.


This is another reputable company in the United States. Coinmama is known for their fast service, great support, and their respectability. Although they do not provide you with a limit on the amount of BTC you can buy in a day, week, or month, they do charge a premium fee for their services. As a matter of fact, you can buy up to $1000 worth of BTC in a day and 5,000 worth of BTC in a month if you are verified, and about $500 worth of BTC if you are not verified.

The only con about Coinmama is that while their services are great, they are limited to the United States.


·  The process is really simple. Right from the homepage, you'll be able to select the amount of BTC you'd like to buy. The price can be entered in USD or in BTC. You also have the choice of choosing a preset package.

·  Once you have decided on the amount you'd like to buy, click on buy. Doing this will take you to the sign up page, where you'll fill in your details and be asked to go through a precise verification process. The verification process has to do with the submission of a valid ID document. Verification is pretty quick and you'll be able to buy more if you are verified.

·   For verified users, you are advised to use MasterCard, Visa via Simplex. And for those who are not verified, you are advised to use MoneyGram, where you'll be able to pay with your credit card on MoneyGram’s website (Note that this is applicable to residents of US only)

·   Once you've selected your payment method, you'll be asked to input your wallet. Coinmama does not save your BTC in a wallet, you'll be the one to input the wallet you'd like your BTC to be sent to.

·  Once that has been done, you'll enter your payment details and place your order.

3.    CEX.IO

This is another reputable broker that allows traders to purchase their bitcoins with credit cards. CEX.IO was established in 2013 as a cloud mining service, but now, they have become a multipurpose cryptocurrency force that has a user cap of over 450,000. This company operates in Europe, the United States, and some other countries in South America. They have high buying limits and are really trustworthy.

Cons of this exchange company include high exchange rates and their services being limited to a small amount of countries.


·  Buying bitcoins with credit card on this platform is easy and straightforward. All you have to do is open an account. Once the account has been successfully opened, click on Wallet, click on fund, and you'll be provided with two options -using a credit card or using wire transfer. Whichever one you select guarantees an almost instant trade once the payment has been confirmed.


·   VirWorx
·   Coinhouse
·   Indacoin
·   247Exchange, and

Now you can purchase your Bitcoin with your credit card. Just select one of the exchanges above and you'll have your Bitcoin in your wallet in no time.


Buying Bitcoin does not have to be stressful. You can purchase BTC easily with your credit/debit card. All you have to do is be wary of the exchange you buy from.