How to Buy Bitcoin with Credit Card Instantly 2022


Do you know how to buy Bitcoin with credit card? Most crypto-hungry investors are looking to add BTC to their crypto portfolios right now.

This beginner’s guide covers everything about crypto credit card purchases and where to buy Bitcoin with a credit card.

How to Buy Bitcoin with Credit Card – Quick Steps

  • Open an account with eToro – Head to the eToro website and click the ‘Join Now’ button to sign up using your email or social media accounts.
  • Verify account – Upload a copy of your government-issued ID card and proof of residency.
  • Deposit – Deposits as low as $10 are accepted at eToro. You can use a credit card, debit card, or any other payment method to make a deposit.
  • Buy Bitcoin – Purchase the required BTC you desire.

>>> Buy Bitcoin on eToro

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

Where to Buy Bitcoin with Credit Card

Looking for how to buy Bitcoin with credit card? Here’s a comprehensive review of top brokers and exchange platforms that allows you to buy Bitcoin with credit card.

  1. eToro – Overall Best Platform to Buy Bitcoin with Credit Card
  2. Binance – Best Crypto Exchange With High Liquidity to Buy BTC with Credit Card
  3. Coinbase – Top Beginner Friendly Platform for Bitcoin Purchase with Credit Card

1. eToro – Overall Best Platform to Buy Bitcoin with Credit Card

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eToro is considered the top Bitcoin investment and trading broker. The Bitcoin trading platform boasts of an outstanding 20 million users globally and a wide range of financial services.

eToro is a highly regulated platform with operating licenses from the Australian Securities as well as the Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). These demonstrate that buying Bitcoin on the platform is safe and secure.

CopyTrader is a unique feature available on eToro that allows customers to watch and duplicate the trading tactics of more experienced traders and make more profit.

eToro allows investors to buy Bitcoin with credit card, bank transfers PayPal, Skrill, Neteller, and others. For digital asset trading, transfers, and conversions, the social trader supports over 40 cryptocurrencies. The platform boasts of the lowest minimums in the market. Investors from the US or UK can start trading with as low as $10. Furthermore, eToro offers the best crypto wallet with top-notch security.

eToro is the best place to go if you want to buy bitcoin with USD. While deposits are free, eToro investors are charged a $5 fee to initiate withdrawals.

Pros:

  • Copy-trading tool
  • Wide payment options
  • Highly regulated

Cons:

  • Transactions are in US dollars

>>> Buy Bitcoin on eToro

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

2. Binance – Best Platform With High Liquidity to Buy BTC With Credit Card

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Binance is one of the most popular crypto exchanges in the world. It outperforms all other exchanges in terms of trading volume, handling billions of dollars in daily trades. So, if you’re looking for a platform to buy Bitcoin with credit card, this exchange has you covered.

There are numerous advantages to using Binance. Binance, as one of the largest Bitcoin exchanges, is extremely liquid. This implies you’ll be able to trade Bitcoin within seconds.

In addition to credit card payments, Binance also offers a variety of payment options, including debit cards, e-wallet options such as PayPal, and bank transfers.

Pros:

  • Low transaction costs
  • Highly liquid
  • Large inventory of digital assets

Cons:

  • Unregulated in many countries

>>> Buy Bitcoin on Binance

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

3. Coinbase – Top Beginner Friendly Bitcoin Exchange

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Coinbase is commonly recognised as the most liquid cryptocurrency exchange globally, with a large volume of crypto pairings.

The platform may apply costs when clients purchase, sell or convert bitcoins, but fees are low. In addition, Coinbase’s minimum deposit is set at $2. Trading fees are 0.5%; however, there are no fees for initial deposits or withdrawals.

Coinbase offers a variety of payment options, including credit cards, bank transfers, and other options. Because it includes a mobile app and a standalone wallet, the platform is one of the better alternatives to eToro. The interface is straightforward and intuitive, making it easy for investors to buy Bitcoin with credit card.

Coinbase also offers educational materials and activities to help customers better understand the financial crypto market, how crypto works, and how to profit from crypto investment.

Pros:

  • Beginner-friendly
  • Low minimum deposit
  • Intuitive interface

Cons:

>>> Buy Bitcoin on Coinbase

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

How to Buy Bitcoin with a Credit Card on eToro – Tutorial

1. Open an account on eToro.

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To do this, click on the eToro website’s sign-up option. Input your address and unique password or sign up with your Google or Facebook account.

2. Verify ID

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You must complete the know-your-customer (KYC) procedure to be fully onboarded to the platform. All required is a copy of your driver’s license or a valid passport. You’ll also need to show proof of residency, such as a recent utility bill or bank statement.

3. Deposit

Simply press the ‘Deposit Funds’ option on the eToro site to make a deposit. You’ll be sent directly to the deposit page, where you can enter your credit card information. To fund your account, go to ‘Deposit’ and input the amount of the digital asset you want to buy.

4. Search for Bitcoin

In the search field, type ‘BTC’ and click the first result that appears.

5. Buy Bitcoin

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>>> Buy BTC on eToro

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

Click on the ‘Trade’ button to open the purchasing page to invest in Solana. Type in how much Bitcoin you want to buy and click on ‘Open Trade’ to buy Bitcoin with credit card.

Why Buy Bitcoin with Credit Card?

There are numerous benefits for investors who buy Bitcoin on credit card. These benefits include:

1. Quick deposits and withdrawals

On many exchanges where you can instantly buy Bitcoin with credit card, transactions are usually swift and hitch-free. This is mostly because paying with a credit card eliminates the lengthy verification step required by other payment methods like bank transfers.

In addition, most platforms such as eToro do not attach any charges to deposits made with Credit cards.

2. High security

Credit cards provide better fraud protection and a degree of independence from your bank account, this adds an additional level of security. This is because charges are not made directly to your bank account; instead, your credit card issuer will see it as a charge on your account to be fulfilled when you pay your credit.

3. Easy to use

Paying for your Bitcoin purchase is decidedly easier to use than other payment methods. There is often no need to sign up on a third party payment merchant or wait for deposit verification which can take anywhere between 3 to 7 days on eToro. Simply link your credit card to the platform and Buy Bitcoin with credit card instantly.

>>> Buy Bitcoin on eToro

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

How to Buy Bitcoin with Credit Card with No Verification

Investors can buy Bitcoin with credit card with no verification on certain platforms that allow users to buy Bitcoin without verifying their ID. These platforms range from third party bitcoin wallets to unregulated bitcoin exchanges.

However, some of these platforms may be unsafe and out for your credit card details. We recommend using trusted and regulated exchanges like eToro, Coinbase and Binance to buy Bitcoin with credit card.

Conclusion

Following the rise of Bitcoin in the digital asset market, there has been a rise in payment options available to investors. One of these payment options is to buy Bitcoin with credit card. This option is easy to use, cheap and fast.

This option leads to more questions such as where to buy Bitcoin with credit card. Our top pick is the social trading master, eToro.

eToro is a trading and investment broker that allows investors to buy Bitcoin with credit card. Great customer service, wide investment options, transparent fee structure and a highly regulated platform are some of the features eToro is loved.

>>> Buy Bitcoin on eToro

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Disclaimer: Content Produced by CryptoPR



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