HomeCryptocurrencyHow and Where to Buy Cryptocurrency?How To Buy Cryptocurrency With a Credit Card

How to Buy Cryptocurrency With a Credit Card

Amala Pillai
Amala Pillai
5th Jun 2023

If you’re thinking of buying cryptocurrencies with a credit card, this guide will show you how. Discover the platforms supporting credit cards and what the considerations are along with a step-by-step guide.

Top Cryptocurrency Brokers That Accept Credit Cards

Almost every platform accepts credit cards so it can be difficult to sift through the many options available.

To save you time, we’ve listed the top beginner-friendly platforms below to help you get started right away:

Sort By Label
Partner Name LabelLabelCTACustomer SupportLaunch DateSecurity FeaturesSecurity Features Disclaimer
Pepperstone1Pepperstone4.5Visit Websitepepperstone.comEmail, Live Chat, Telephone, Whatsapp20102FA, Biometrics, Pin 2FA, Biometrics, Pin Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.9% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Eightcap2Eightcap4.4Visit Websiteeightcap.comLive Chat, Email, Telephone20092FA, Pin 2FA, Pin CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.04% 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.
Coinbase3Coinbase4.2Visit Websitecoinbase.comEmail20122FA, Pin , Biometrics2FA, Pin , Biometrics
Changelly4Changelly3.7Visit WebsiteChangelly.comEmail, Live Chat20152FA, Biometrics2FA, Biometrics

What Crypto Platforms Accept Credit Cards?

Apart from brokers, there are many other types of platforms that let you buy cryptocurrency using a credit card, such as:


Exchanges let you invest in top coins using traditional currencies, like USD. They retain control over any coin you buy until you send it to a wallet that you control. Coinbase is an example.

P2P Platforms:

P2P platforms connect buyers and sellers directly. You can try Paxful, which lets you buy a range of cryptocurrencies.


Wallets let you buy cryptocurrency, view your balance, send transactions and connect to applications. Bitcoin.com Wallet, for example, is beginner-friendly and lets you buy your first BTC directly from the wallet.

How to Buy Cryptocurrency With a Credit Card?

Here are the specific steps involved in buying cryptocurrency from Pepperstone:

Step 1: Create an Account
Step 2: Verify Your Account
Step 3: Fund Your Account
Step 4: Make Your First Cryptocurrency Purchase
Step 5: Confirm

How to Withdraw

Follow these steps to withdraw using Pepperstone.

  • Step 1: Click on the 'Funds' tab in your 'Secure client area'

  • Step 2: Click on the 'Withdraw funds' tab to find all withdrawal options, and select credit card.

  • Step 3: Confirm the withdrawal request via email (within an hour), or if your account has 2 Factor Authentication (2FA) enter the code from the authenticator app.

  • Step 4: Here, you'll be redirected to your account, where you may need to log in again.

  • Step 5: Now, your request is confirmed and the withdrawal request will move to 'Pending', Pepperstone will then verify the request and finalise the process, the funds can take up to 5 days to appear on your credit card.

What Should I Look for in a Credit Card Cryptocurrency Broker?

Here are some things you should take into consideration when choosing a platform to make your crypto purchase:

Fee Charges:

  • Find platforms that offer the lowest fees for the services you require. Credit card payments usually incur some of the highest fees.


  • Read online reviews to check a platform’s reputation and level of customer service.


  • Some brokers are faster than others. In the rapidly-changing world of crypto trading, where prices fluctuate every second, you should aim for the quickest broker possible.


  • Some crypto trading platforms feature a better user interface and are more user-friendly than others.


  • You want to ensure the provider you use is not restricted in your location.


  • Always first check that the platform supports credit card payments before you sign up.

Should I Buy Cryptocurrency Using Credit Cards?

Credit card transactions are instant, which means your funds will become available in your broker account seconds after the transaction is confirmed
Major credit card brands have higher security protocols, making all credit cards safer
The familiar process involved when buying and selling
The fees involved may be higher
Buying and selling process may take longer than alternatives
Credit cards only work with fiat money
Not available to all brokers
The rewards offered by crypto credit cards at the moment are limited

Is Using a Credit Card the Best Method to Buy Cryptocurrency?

It is one of the most convenient methods, but the high fees associated with credit card payments are something you should consider. The inability to earn rewards is another deterring factor.

Cryptocurrency Credit Cards to Earn Rewards

Different crypto trading platforms offer their own credit cards so that users can earn rewards. But you must always read the terms and conditions before signing up, especially those related to fees. Some of these cards include:

  • Bitpay Mastercard

  • BlockFi Visa Card

  • Coinbase Visa

What Are the Alternative Payment Methods to Buy Cryptocurrency With?

Most cryptocurrency exchanges and brokerage platforms support many other payment methods including:

Mobile Payments:

  • Many brokers accept mobile payment methods, such as Apple Pay, which are fast and convenient. However, they are less popular compared to credit cards at the moment.


  • Many platforms accept PayPal as a payment method. If you have an account already, this may be a preferred option.

Bank Transfer:

  • Many cryptocurrency platforms will let users deposit and withdraw money using a bank transfer.


  • Digital wallets like Skrill let you buy certain cryptocurrencies.

Debit Cards:

  • This is accepted by many platforms.

Final Thoughts

Finding a platform that accepts credit card payments is relatively easy. Pepperstone offer this option and the process as outlined above is often seamless even for beginners.

It is always worth noting that profits are not guaranteed and you should only invest with money you can afford to lose.


Can I buy cryptocurrency anonymously with a credit card?
How fast is buying cryptocurrency with a credit card?
Do I need a crypto wallet?
Are there low fees when using a credit card to buy cryptocurrency?
Can I hold cryptocurrency in my credit card account?
Can I buy other cryptos using credit cards?
Can I buy cryptocurrency with a credit card instantly?
Are credit cards the easiest way to buy cryptocurrency?
Can I earn rewards by buying crypto with a credit card?

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Author Bio
Amala Pillai
Amala Pillai
Amala is custom content and news editor based in London. She is a former financial journalist based in Singapore with 7 years of experience covering a range of business and financial topics. Now she focuses on crypto and macro-economics. She has also covered feature profiles, tech, business politics and ESG— she was the Environment Editor for the Solutions Newspaper, 2016 and worked in an editorial capacity at both News corp (Dow Jones) and JBN. She also has experience as a content creator, strategist and brand editor for various financial institutions and banks.