How to Buy Bitcoin with Credit Card [2021 UPDATED]

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Ever since its launch in 2009, Bitcoin has become a recognized medium of exchange in many countries in the world. Yet, despite the adoption of bitcoin and its vast usage, a lot of people do not know how to buy bitcoin with credit card.

That may sound surprising, but it is nothing but the truth. Most crypto exchanges offer different means of purchasing bitcoin. However, buying with your credit seems to be the easiest and safest route for most people.

There is the option of buying peer-to-peer, but sometimes users may find the procedure long as the exchange may act as an escrow and hold on to the coins/fiat while awaiting approval from the buyer/seller that he has received the BTC or USD.

This review will look at various exchanges that can enable you to buy bitcoin as well as how to buy BTC from these platforms.

QUICK GUIDE: How to buy Bitcoin with Credit Card
  1.   Go to the website
  2.   Register using your email and confirm your account with your phone number.
  3.   Input your proof of identity, country of residence, select your form of identification and upload photos of your documents.
  4.   Take a selfie of yourself holding the document and upload the photos.
  5.   After identification, you have to get your credit card verified. Fill out the information on your credit card and take and upload a selfie of yourself holding the credit card.
  6.   Buy crypto with your card

Where to Buy Bitcoin Top 5 Exchanges

NameDeposit MethodBuy
  • Credit Card
  • Cryptocurrency
Rating: 5

binance exchange
  • Bank transfer (ACH)
  • Bank transfer
  • Cryptocurrency
  • Debit card
  • Wire transfer
Rating: 5

Huobi Global

  • Credit card
  • Cryptocurrency
Rating: 5

Coinbase Pro

  • Cryptocurrency
  • Credit Card
Rating: 5


  • Cryptocurrency
  • Credit Card
Rating: 5

Step by Step Guide to Buying Bitcoin with Credit Card

Initially, buying bitcoin wasn't so easy. In fact, in 2010, Laszlo Hanyecz bought two Papa John's Pizzas for 10,000.  The first bitcoin exchange is no longer in existence; still, it gave room for more exchanges to be born, and for people to have easy access to bitcoin.

So, when buying Bitcoin, you'd need an exchange to buy your BTC from and a wallet to hold your coins. You can buy bitcoin using traditional payment methods such as bank transfer, Debit or credit card payments, cash payments, or even using a bitcoin ATM.

Nevertheless, there are downsides to buying Bitcoin. Most countries have sanctioned bitcoin platforms, and banks also place limitations on usage of credit or debit cards in certain transactions.

There is also the fear that people avoid paying taxes by using Bitcoin, which has lead to particular states in the US placed sanctions on some bitcoin platforms.

Buying Bitcoin From Binance

Binance was launched in 2017 by Changpeng Zhao, who was formerly in OKCoin. The exchange was able to raise $15 million seed during its Initial Coin Offering (ICO) in July 2017.

The downside to using the Binance exchange is that there is a restriction placed on users in most states in the US. The restriction excludes New York, Washington, Alabama, Alaska, Florida, Connecticut, Georgia, Hawaii, Idaho, Texas, Louisiana, North Carolina, and Vermont.

However, for other users, BTC can be as low as $50 and as high as $20,000. Below you can see how to buy Bitcoin with credit card on Binance.

STEP 1: You need to create an account with Binance and then get verified by providing documents of identification.

STEP 2: Click on “Buy with Cash” on the home page. You will be directed to select buying with P2P or with your credit and debit card.

How to buy bitcoin with credit card

STEP 3: Enter the amount of Bitcoin you want to buy, read the terms and conditions, and confirm your bitcoin order.

NOTE: Binance has several third party payment providers it utilizes in its credit card payments. They include Simplex, Koinal, Trusttoken, Paxos, and Banxa. We shall be using Simplex as our example.

STEP 4: Input your billing and Credit card information. You will also have to input some personal details on Simplex as well as verify your phone number to get an OTP-code.  Once you input the code, it will take about 2-5 minutes to get the Bitcoins in your wallet.

Buying Bitcoin From COINBASE

Coinbase provides support to over 100 countries and is one of the top crypto exchanges in the world. You can even receive and send bitcoins if your country is not on the supported list.

However, you may not be able to buy bitcoin. The San Francisco based crypto exchange was founded on the 20th of June 2012 by Brian Armstrong and Fred Ehrsam.

Here's how to buy Bitcoin with a Credit card on Coinbase.

STEP 1: Create a Coinbase account and get verified

STEP 2: Go to the Payment method page

STEP 3: At the top of the payment page, click on “Add a Credit/Debit Card.”

STEP 4: Input your credit card details and billing address, which must match with the address for the card.

STEP 5: You will be directed to a window that says credit card added. You can now click on the “Buy” button to buy bitcoin.

NOTE: Users in the USA can only get bitcoin through Bank transfer, debit card, and bank wire. For users in the UK and Europe, the credit card option is only available if the card supports 3D secure.

Buying Bitcoin From OKEx

OKEx is one of the world's largest crypto and derivatives exchange platform. It was launched in 2014 and is based in Malta. Here's how to buy bitcoin with a credit card on OKEx.

STEP 1: Register and create an account on OKEx. You'd need a code from your email to register your account.

STEP 2: Verify your account by clicking on security and providing identification documents. You will have to go through 3 levels of Verification, including inputting three codes, SMS, Email, and google authenticator before you can get to buy bitcoin with your credit card.

STEP 3: Click on Quick trade.

STEP 4: Select the currency you want to pay in and the amount of bitcoin you want to buy

STEP 5: Select the credit card you want to pay with, Master or Visa card.

STEP 6:  Select “Buy BTC”

STEP 7: Click on “History” to check on your deposit.

Best Wallets to Hold Bitcoin (BTC)

In choosing a wallet to hold your bitcoin, you have a wide range of wallets to choose from. Unlike other cryptocurrencies, Bitcoin has a wide range of wallet service providers you can choose from.

But, for the sake of this article, we shall be looking at just a few. You can decide to keep your bitcoin in a hardware or paper wallet, a desktop wallet, or a mobile wallet.

You should note that keeping your bitcoin on an exchange is not safe, and if you do not hold the private keys to your wallet, you are not the total owner of the bitcoin.


  • Android, IOS
  • Desktop Client
Rating: 5


  • Desktop Client
  • Android, IOS
Rating: 5

Ledger Nano S

  • Hardware
Rating: 5


  • Android, IOS
  • Desktop Client 
Rating: 5

How to Buy Bitcoin With Credit Card [FAQS]

What is Bitcoin?

Created in 2009, Bitcoin is a decentralized currency not backed by the central bank of any country in the world. It is a form of electronic cash that can be sent from one user to a third in a peer to peer fashion facilitated by the blockchain, which eliminates the need for traditional mediators.

Is Bitcoin a Good Investment?

Yes, it is. At the time of its launch, Bitcoin was worth zero dollars. But by 2017, the price of one bitcoin was about $20,000, as at the time of writing Bitcoin, the cost of one bitcoin is $11,575. It is considered to be one of the best investments of the decade.


Bitcoin can be used for a wide range of activities, including paying for tuition, hotels, and flight tickets as well as in restaurants. Having some bitcoin in your coffers as an investment is also a great idea.

Bitcoin can also be used to trade against other alternative coins and fiat. Now that you know how to buy bitcoin with a credit card, you can begin your crypto journey.

Always remember to keep your private keys and password safe. There are also other options for buying bitcoin with credit card like using a bitcoin ATM, where you can go physically buy it.

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