How to Buy Crypto with Credit Card – Beginner’s Guide

Buying cryptocurrencies is now easy in 2022 with the availability of many types of payment options that are now accepted that previously did not exist when cryptocurrencies were in their infancy. Many investors prefer the tried and tested credit card payment method as it offers hassle-free and highly secure purchases.

If you plan to register with online cryptocurrency exchanges and start investing, this guide is for you: we will review how to buy cryptocurrencies with a credit card.

How to buy cryptocurrencies with a credit card: quick steps

At eToro, you can buy cryptocurrencies with a credit card, including Bitcoin and more than 50 other cryptocurrencies. Here is a quick guide on how to buy crypto with a credit card on eToro:

Step 1: Open an account with eToro

Create an account at eToro website. Fill in your details or link your Facebook or Google account.

Step 2: Verify account

This stage requires uploading a government-issued ID, such as a passport or driver’s license. Legal documents containing your address line are also considered.

Step 3: Deposit

After verification, eToro will send you an email to confirm that you are ready to start trading. Then make a deposit with your credit card and choose to link your card if you plan to use the same payment method regularly.

Step 4: buy cryptocurrencies

Buy your first cryptocurrency using your deposited funds. Simply type in the currency you want to buy, enter the amount, and click “Open Trade” or “Set Order.”

Where to buy cryptocurrencies with a credit card

Below, we will take a closer look at the best cryptocurrency platforms to buy crypto with a credit card and review each one.


Early to spot the big opportunity in crypto, eToro it is one of the first companies to allow trading of digital assets. It started offering Bitcoin in 2013.

This long exposure in the space is a huge plus as it managed to build its name as a trusted crypto platform over the years. Recently reaching a milestone of 20 million users, eToro is regulated by the FCA, ASIC, and CySEC, and accepts traders from most countries around the world, including the US and UK.

The site offers a very easy way to invest. In the “Discover” section of each account, traders can access the “Crypto” section where the currencies are displayed. At the time of writing, it offers 39 coins available for trading. Each coin listing contains direct and valuable information, such as the current price and the movement in the last 24 hours.

eToro it also has a CopyTrader feature, where you can easily copy the moves of the experts. At the bottom of this crypto section is a list of expert crypto traders, their stats and individual return percentage for the day. This tool is a lifesaver for newcomers and traders who don’t have the luxury of time to do technical analysis every day.

Charge 1.0% on each crypto transaction paid with Visa, Mastercard and Maestro credit cards. This is much lower than the industry average of up to 4% (eg Coinbase when buying crypto with a card). Also, you have a minimum deposit of just $10 in the US and UK and $200 to use the CopyTrader feature.

Buy cryptocurrencies with a credit card on eToro.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

If you plan to buy Bitcoin with a credit card, is another site you must visit. Investing in cryptocurrencies involves many price movements. This means that traders buy and sell their coins faster than stocks and other assets.

This is precisely why many traders prefer this platform over others. It offers one of the lowest trading fees on the market, especially for holders of its native currency, Cronos (CRO). High volume merchants are charged as little as 0.04% as creators and 0.1% as buyers. You can hardly feel the fee on each transaction.

More than 250 cryptocurrencies are available to trade on their platform, with a daily withdrawal limit of $100,000. It also has popular NFTs as Alienworlds.

Buy Crypto with credit card at

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.


Due to its geographic availability and advanced trading options, most traders around the world use Binance to trade cryptocurrencies. It is available in more than 140 countries, including 43 US states. It also supports various transactions, including limit orders, market orders, stop limit orders, and peer-to-peer (P2P) trading.

Binance is known as the “place of altcoins”, a term it earned as it offers more than 500 cryptocurrencies to trade. It also serves as a breeding ground for initial coin offerings and encourages existing users to participate in ICO projects. Traders have the opportunity to earn through participation for the duration of a crypto project. In addition, the exchange organizes a variety of reward mechanisms where investors can increase their holdings without the need to trade directly.

Binance appeals to all types of users, whether they are beginners or not, as it offers different trading view options. The classic view appeals to new market entrants who are still learning their style. While the advanced view is for intermediate to expert investors with more knowledge of the market.

Buy Crypto with credit card on Binance.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

Why buy cryptocurrencies with a credit card?

For those who see themselves as serious about long-term crypto investing, it shouldn’t just be a question of how to buy crypto with a credit card. It should also be a question of why you should do it.

There are many reasons why you should. To the great advantage of merchants, card payments have been proven to be secure, hassle-free and straightforward. You can also make a purchase through a cash advance by using a credit card which is rarely available on other online payment platforms.

cash advance

Credit cards allow you to borrow money from the issuer when you make a purchase. This is a convenient option if you plan to do a big trade but don’t have the financial means. However, remember to exercise caution as digital assets are highly volatile and you could lose a lot instantly.

Proven security

Payment by credit card is one of the fundamental means of payment in cryptocurrency exchanges. It had proven to be a safe option long before other transfer options were available. Only verified accounts can carry out transactions, which are then protected with high-security features such as multi-factor authentication.

instant purchase

On average, a credit card purchase of cryptocurrencies takes only five to ten minutes to complete. This becomes instant once you’ve linked your card details to your merchant account after your first purchase.

How to buy cryptocurrencies with a credit card on eToro – Tutorial

Now that you have decided to start investing in cryptocurrencies, here is how to buy cryptocurrencies with a credit card using an FCA regulated platform. eToro.

Step 1: create an account

First visit the eToro official website. Type your username, email, and password in the space provided on the registration page. You can also link your Google or Facebook account.

Step 2: Verify account


eToro asks new users to confirm their email or mobile phone number before continuing. It employs a strict verification protocol to prevent fraud from occurring. After confirmation, you will be redirected to the platform automatically. Click “Verify Account” on the dashboard and present government-issued IDs, such as a passport and driver’s license, to proceed.

Step 3 – Deposit funds using a credit card

After verification, eToro will send you an email confirming your account is credited for trading and you can now start depositing. For added convenience, you can also choose to link your credit card at this stage if you plan to use the same payment method regularly.

Step 4 – Buy your first cryptocurrency


To buy your first cryptocurrency with your credit card, simply type the coin you want to buy in the search bar, enter the amount and click “Open Trade” or “Set Order”. This is how to buy cryptocurrencies with a credit card, without complications for beginners.

Buy cryptocurrencies with a credit card on eToro.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.


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