How to Buy Bitcoin Instantly with Credit Card | 2019 Guide - Coindoo

How to Buy Bitcoin Instantly with Credit Card | 2019 Guide

Editorial Team Avatar
Jan 12, 2019
5 min reading time

Whether you believe in the Bitcoin’s future success or not, owning some nowadays makes a lot of sense, especially if you are a die-hard trader or a massive crypto enthusiast. Thanks to the massive number of good cryptocurrency exchanges out there, getting your hands on some Bitcoins is very straightforward, especially if you are buying them with credit or debit card.

In fact, buying Bitcoin using your debit and credit cards is the most convenient and most popular method of purchasing the world’s most valuable digital asset, despite the extra fees usually required for doing so.

Below we will list some of the best cryptocurrency exchanges that allow Bitcoins to be purchased via the aforementioned payment method.


Coinbase is yet another big name in the crypto exchange industry, and yet another very good place to shop for Bitcoin. The platform is fully functional in almost all areas of the globe, including the US, Canada, Europe, the UK, Australia, and some Asian countries.

When it comes to fees, Coinbase has very low prices when compared to the competition. It boasts a 3,99% fee for credit/debit card deposits. is not only one of the oldest Bitcoin exchanges in the industry, but one of the most highly trusted by the crypto community as well. It’s a very good option if you want to buy Bitcoin via credit cards since it operates in 99% of the countries of the globe and boasts near almost 100% uptime.

As far as fees and limits go, has a 3,5% fee on credit and debit card deposits (both Visa and Mastercard supported). For this particular situation, has edge over the competition since it allows users to sell back to their credit or debit cards (but it does charge an extra 2,9% fee for doing so).


Coinmama is another well-reputed crypto exchange from where users can buy Bitcoin with practically no effort. The exchange has much higher limits for how many Bitcoins a user can buy in comparison to other similar services, instant delivery, and a standard trading fee of 5,90% for credit and debit purchases.


LocalBitcoins is a relatively new service that acts as a sort of peer-to-peer exchange. However, it operates differently from similar exchanges as it allows users to directly communicate with other traders willing to sell Bitcoins. Of course, the prices vary as anyone posts what they are willing to sell their Bitcoins for but, in theory, it has very low, if any, fees.

LocalBitcoins charges a 1% fee for using the service and charges an approximate %5 fee for credit or debit card purchases.


Bitstamp boasts itself as being the “first fully licensed Bitcoin exchange.” The exchange is known for being of the “Big Four” Bitcoin exchanges in the industry. It’s renowned for having outstanding liquidity, a fully global client base, and multiple payment options. Supported cryptocurrencies also include Bitcoin Cash, Litecoin, Ethereum, and Ripple.

When it comes to buying Bitcoin with just debit and credit cards, the exchange requires users to undergo a simple AML/KYC procedure and to pay a 5% fee.


Bitit is one of the few Paris-based cryptocurrency exchanges that provides quick and convenient cryptocurrency exchange services. Besides a very good variety of supported cryptocurrencies and fiat ones, one of the best features includes the ability to purchase Bitcoins using cash and credit cards. The typical deposit fee for credit or debit card purchases is 6,9% which is well above the industry’s average.


BitPanda is one of the most renowned cryptocurrency exchanges in Europe, as it’s designed to cater only to the needs of European traders. However, the crypto exchange has one of the best fee and rate systems. BitPanda typically charges 1,49% fees on purchases and 1,29% fees on sells. When it comes to fees for external payment providers, the fees vary between 1,5% and 3,6%.

Why use a credit or debit card to buy Bitcoin?

The main reason why someone would want to buy Bitcoin using the credit or debit card as a payment method is the overall convenience this type of service usually provides. In short, it’s a much faster way of obtaining cryptocurrency. For example, by using the bank account for the same operation, users would be required to wait three to eight days to receive the crypto in question.

Disadvantages of buying Bitcoin with a credit card

Just like most things in life, this payment method is not perfect. The main disadvantage usually associated with credit/debit card payments is the higher fees. In average, the fees are usually 3-4% (if not more) higher for credit/debit card payments than those done via bank accounts.

Another noteworthy disadvantage is the purchasing limit. Payments done via credit/debit cards usually have lower limits which can only be increased after users undergo thorough KYC procedures (which require a bank account, a photo of the ID, a phone number, and possibly even the purchase history).

Can I buy Bitcoin with PayPal?

Another good method of buying Bitcoins is with the help of PayPal. Even though this method is not fault proof, but it might prove particularly useful for various users. The top services that allow this payment method are VirWox, LocalBitcoins, and Paxful.

Final Words

To conclude, purchasing Bitcoins with credit/debit cards can be very beneficial for users looking to save time. Indeed, the market for Bitcoin credit and debit card purchases is hovering around 5% but, as mentioned before, in some cases, it might be worth it. The main alternative is by using a bank transfer (not bank account), as it can end up being just as a cost-effective option.

* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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