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8 Exchanges To Buy Bitcoin With Credit Card



10 best exchanges to buy bitcoin with credit card debit card



If you’ve been wondering if it’s possible to buy bitcoin with credit card or debit card, you’ve come to the right post!

In this post, you’ll see our top 8 recommendations for websites that allow you to buy bitcoin with credit card or debit card (from any part of the world – whether you’re in Nigeria, India, The United States; anywhere)!

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Buying bitcoins via credit and debit cards is one of the most popular, fastest, and convenient ways to purchase bitcoin – or any other cryptocurrency (altcoin).
The only downside to Buying Bitcoin or Ethereum with credit card/debit card is that most cryptocurrency exchanges typically charge around 4% for card purchases! That’s why I’ll advise you to use bank transfer to purchase Bitcoin if time is not a concern (so that you save on card fees).

Exchanges That Allow You To Buy Bitcoin With Credit Card:

  1. Coinbase.com
  2. Localbitcoins.com
  3. Huobi.com
  4. Crypto.com
  5. CEX.io
  6. Luno.com
  7. Coinmama.com
  8. Bitstamp.com

Coinbase.com:

Coinbase is one of the world’s most reputable and popular Bitcoin exchanges! The company has been pushing to bring cryptocurrencies to the general public since 2012. Coinbase was recently valued at $8 million!
One of the reason most people love Coinbase, is because of its simple and straight-forward user interface! Just make an account, link your preferred payment method, and start purchasing bitcoin or altcoin.
Since Coinbase works with financial authorities in the U.S, profits made from the appreciation of Bitcoin or purchases over $20,000 are reported as tax needed to be paid. Therefore, Coinbase requires users to submit a scan of a government identification document – to confirm the identity of the account (thereby making Coinbase a safe exchange to work with).
Users from the states have however reported that credit card purchases are disabled. You can make bitcoin purchases using a Debit Card though.
Coinbase charges 3.99% card purchase fee – which is remarkably low compared to the competition.

LocalBitcoins.com:

LocalBitcoins is quite different from other websites because it is not an exchange. LocalBitcoins is a peer-to-peer marketplaces where bitcoin buyers and sellers meet to transact (while Localbitcoins acts as the escrow).
Bitcoin prices on this platform vary greatly depending on the seller you choose (because everyone is free to quote whatever price they’re willing to sell their bitcoin at).
The most important tip in order to stay safe and prevent being defrauded on the platform is to only transact with users that have very high positive ratings (from 90% to 100% score) – only deal with vendors with good reputation and that are trustworthy. Also check the vendor’s average response time, to ensure your transactions will be fast and given priority.
All in all, Localbitcoins.com is a very good website;the best peer-to-peer bitcoin marketplace in the world – available in over 200 countries (and accepting up to 300 different payment methods and currencies – including Credit card and Debit card)!

Coinmama.com:

Coinmama is a popular cryptocurrency exchange formed in 2013. It is one of the oldest websites in the crypto-space; boasting over 1,300,000 customers worldwide! They sell Bitcoin and a couple of other altcoins (including Ethereum).
On Coinmama, you can purchase crypto using Credit card and Debit card! However, you can’t sell your Bitcoin back through the site, and its fees quickly add up.
Pros:
  • You can buy fractions of a bitcoin
  • Live pricing in US dollars and Euros
  • Buy direct from the site – no middleman
  • You can use Visa card, MasterCard card®, Cash (viaWestern Union transfer)
  • Easy to review all your order
  • Multi-language site
Cons:
  • Unlike many of its competitors, Coinmama does not provide an online wallet for users to store their cryptocurrency on the exchange.
  • No smartphone app
  • Relatively high fees
  • Does not accept Paypal, American Express or Discover
  • Cannot link to your local bank account to expedite new purchases
Fiat CurrenciesUSD, EUR
CryptocurrenciesBTC, ETH, BCH, ETC, ADA, LTC, XRP, QTUM
Deposit MethodsCash, Credit card, Debit card, Bank transfer (SEPA)
Trading Fee5.90%
Deposit FeesCredit card: 5%
Withdrawal FeesNone
Coinmama offers some of the highest buying limits among brokers that accept credit cards. It allows up to $5,000 worth of BTC to be purchased per day, and up to $30,000 worth of bitcoin per month!




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