Bitcoin is on its way to becoming mainstream, but the biggest hurdle is letting users instantly buy bitcoins.
Most of the Bitcoin exchanges accept many payment options, with the exception of credit/debit cards. One reason for this is because of the irreversible nature of Bitcoin.
However, there are many legit Bitcoin exchanges that have started accepting credit & debit cards as a payment method.
Here are some of the popular & legit Bitcoin websites where you can use your debit or credit card to buy bitcoins. I have tested these all myself.
Regarding using a credit card, most of these sites use your cash limit on the credit card, so you need to check with your bank to find out what the cash limit on your card is.
So, without further delay, here’s that list:
- Indacoin (Most expensive of all, so should be your last option)
- Changelly (Instant purchase but cost is higher )
List Of Websites To Purchase Bitcoin Using Debit Card or Credit Card:
BTCC is one of China’s leading Bitcoin exchanges & one of my favorites, too.
What I like about this site is their easy to use interface. However, their USD exchange lacks volume, so it’s not highly suitable for Bitcoin trading. Though, for their CNY exchange, it’s very good for traders.
On BTCC, you can deposit fiat money using wire transfers, prepaid Flexepin vouchers, or a credit/debit card. The signing up and activation is quite fast & you should be ready within a few hours.
They have a limit of $20,000 monthly & $5,000 daily.
Transaction confirmations are usually instant but sometimes may take up to a few minutes. Under extraordinary circumstances, it may take longer to process the transaction.
Bitstamp is another popular & reputed Bitcoin exchange that accepts debit & credit cards as a payment option.
They have had this feature for a long time, but only recently did they allow more countries to have the ability to purchase bitcoins using a debit/credit card.
Similar to BTCC, they have a limit of USD 5,000/EUR 5,000 daily and USD 20,000/EUR 20,000 monthly.
This feature is available for: EU28 & Switzerland, Norway, Monaco, Montenegro, Serbia, Turkey, Andorra, Moldova, Gibraltar, Iceland, Greenland, Liechtenstein, Isle of Man, Faroe Islands, Aland Islands, San Marino, Hong Kong, China, Singapore, Taiwan, South Korea, Australia, New Zealand, Japan, Argentina, Brazil, Israel, South Africa, Chile, Kuwait, Cayman Islands, Qatar, Saudi Arabia, India, Lebanon, Puerto Rico, Peru, Madagascar, Mozambique, Dominican Republic, Curacao, Dominica, Jordan, the Bahamas, Bahrain, French Polynesia, Ecuador, Trinidad and Tobago, Barbados, Reunion, Jamaica, Paraguay, Brunei, New Caledonia, Guadeloupe, Martinique, and Sint Maarten.
A one-time verification of your card details is required before instant bitcoin purchases on Bitstamp.
I used my travel card (prepaid USD card) to purchase bitcoins on Cex.io & it worked like a charm.
When you have verified your account, go to the “Cards” section & add your cards.
It may take 2-3 days for card verification, but once it’s verified, you can use it to instantly purchase bitcoins.
Along with BTC, you can also buy ETH (Ethereum) using your credit/debit card.
Note: Bitcoin buying prices on Indacoin are usually higher, so I recommend you make this your last resort.
I will keep updating this exclusive list of sites that allow purchasing bitcoins using a credit & debit card. For now, it’s your turn to recommend any site that accepts credit or debit card as payment method for bitcoins. Do let us know in the comments section below.
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