This means they will not be able to obtain credit for the purposes of buying Bitcoin. For a list of alternate ways to buy Bitcoin as an underage, read this article. Hedge With Crypto is an independent publisher that provides objective and free content. However, our editorial content remains unbiased, reflecting our own opinions or the general information available. For more information on our company policies, read the Affiliate Disclosure, Privacy Policy, and Terms & Conditions. We believe everyone should be able to make financial decisions with confidence.

If you decide to buy cryptocurrencies, you’ll need to find an exchange, many of which let consumers pay with a credit card. If you’re thinking of going that route, here’s what you should know. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs. Choosing a currency exchange without any security reputation can be risky.

Alternative Exchanges with Credit Card Payment Options

With the rising popularity of Bitcoin, scams are on the rise as well. Some sites may try and steal your credit card information or your cryptocurrency. Credit cards offer benefits such as convenience, generous rewards programs and buyer protection, but these aren’t as relevant for crypto transactions. It can be safe if you use regulated platforms with strong security like AES-256 encryption and PCI-DSS compliance. To buy Bitcoin safely, avoid public Wi-Fi, use external wallets, and monitor for unauthorized transactions. Buying Bitcoin with a card in 2025 is fast, easy, and accessible, but not always wise.

• Aspiring Bitcoin investors are encouraged to explore the recommended instant swap exchanges, ChangeNow, Changelly and Switchere.
• Cash transactions may come with limitations on amounts and availability but offer a straightforward, fee-free alternative to credit-based purchases.
• Bitcoin was launched in 2009 and remains one of the world’s most popular cryptocurrencies.
• This information is general in nature and is for education purposes only.
• If you don’t have a Bitcoin wallet yet, you can click on ‘Don’t have a crypto wallet yet?

Fees and Charges To Expect

Investors can buy and sell crypto ETFs with big names like Schwab, Fidelity and J.P. Your crypto will be deposited into your selected wallet in the app. This guide answers common questions about topping up your Bitcoin.com balance, buying and selling crypto, and withdrawing your Bitcoin.com balance using the Bitcoin.com Wallet app.

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However, it’s worth noting that this convenience comes with certain caveats. These include higher fees and potential interest charges, both of which could offset the benefits if not properly managed. Overall, Changelly is a versatile option for those looking to buy Bitcoin with a credit card, as long as they are aware of the potential costs and limitations. If you don’t have a Bitcoin wallet yet, you can click on ‘Don’t have a crypto wallet yet? Not only did this mean higher fees, it meant interest would start accruing immediately. For the most part, it also prevents you from earning rewards on your bitcoin purchase.

Cex.io: A Versatile Exchange

It’s perfect for small, quick purchases, but high fees, privacy trade-offs, and fraud risks should make you pause for larger or frequent transactions. For this part of the process, type the total purchase amount and click on ‘submit’. Once an order is placed, Binance will instantly process and complete the trade, and Bitcoins will be added to customers’ wallet addresses. The minimum card purchase on CEX.IO is $20, which makes it easy for first-time investors to buy Bitcoin. However, there is a deposit commission between 2.99% to 3.99% and an additional service charge that will be added to the transaction.

• If you’re ready to buy crypto with a credit card, you’ll need to find a platform that allows it and making sure you have the right credit card to facilitate the transaction.
• Larger investments warrant increased cold storage allocation to minimize online exposure risks.
• Credit and debit cards offer instant purchase capabilities that can be crucial during market volatility.
• A journalist for more than 30 years, he has been a newspaper reporter and editor, authored two personal finance books and created the “Spending Smart” syndicated newspaper column.
• Use the table to compare platforms that let you purchase Bitcoin with a credit card in the US.

Cardholders can earn 3% back on dining, 2% on groceries, and 1% on other purchases, redeemable in bitcoin, ether, or other cryptocurrencies. Unlike many cards, Gemini’s rewards are available immediately, giving users access to crypto with every purchase. You may purchase crypto using several common payment methods, including bank transfers, debit cards, PayPal and credit cards.

Understand the Fee Structure

Before finishing the transaction, you’ll have to complete some sort of verification process. The personal details required will vary based on where you live, how much you buy or transfer and where you get your bitcoin. With AES-256 encryption and PCI-DSS compliance, Bitunix prioritizes security. Its non-custodial wallet option lets you control your private keys, reducing hacking risks.

It’s always worth checking with your card issuer before moving forward. In fact, as of 2024, approximately 562 million people own some type of cryptocurrency, which represents about 6.8% of the global population. Credit cards aren’t the only way to purchase Bitcoin – or the best. There are several other ways to buy Bitcoin that are generally more cost effective.

And, it can be tricky to find a crypto trading platform that accepts credit card payments. For newcomers to cryptocurrency, using a familiar payment method reduces friction. Most people already know how to use their cards online, making the entry into Bitcoin ownership feel less intimidating. This familiarity factor has made card purchases one of the most popular methods for first-time Bitcoin buyers. Bitcoin was launched in 2009 and remains one of the world’s most popular cryptocurrencies.

Key factors when selecting a platform

Whether you’re a beginner or an experienced trader looking for versatility and convenience, ChangeNow should you buy bitcoin with your credit card can be an excellent choice. It doesn’t make sense to go into debt to buy bitcoin on a credit card you can’t afford to pay off in full. When deciding whether buying crypto with a credit card is worth it, the first thing you need to consider is the extra cost.

They fluctuate in value, so buying crypto one day doesn’t mean you’ll have the same amount the next day, week or month. Overall, the methods itemized above let you buy Bitcoin seamlessly with your credit card. To buy Bitcoin, you may consider using P2P marketplaces such as Paxful which allow you to trade directly with individuals while eliminating the middleman. Some software wallets such as Lobster allow you to trade seamlessly and anonymously. Exchanges are also great options, but just a handful give room for optional identity verification, hence you may want to choose these.