How to buy Bitcoin with credit card directly 2022?

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

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

Buy Bitcoin with Credit Card – Quick Steps

  • Open an account with eToro – Visit the eToro website and click the ‘Sign Up Now’ button to log in using your email or social media accounts.
  • Verify account – Upload a copy of your government issued ID and proof of residency.
  • Deposit – Deposits from $10 are accepted at eToro. You can use a credit card, debit card or other payment method to make a deposit.
  • Buy Bitcoin – Buy the necessary BTC you want.

>>> Buy Bitcoin on eToro

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

Where to buy Bitcoin with credit card

Looking for how to buy Bitcoin with credit card? Here is a comprehensive overview of top brokers and exchange platforms that allow you to buy Bitcoin with credit card.

  1. eToro – All in all the best platform to buy Bitcoin with credit card
  2. Binance – Best High Liquidity Crypto Exchange to Buy BTC with Credit Card
  3. Coinbase – Top Beginner Friendly Platform for Bitcoin Credit Card Purchases

1. eToro – Overall the best platform to buy Bitcoin with credit card

eToro is considered the best Bitcoin investment and trading broker. The Bitcoin trading platform boasts an excellent 20 million users worldwide and a wide range of financial services.

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

CopyTrader is a unique feature available on eToro that allows clients to view and duplicate the trading tactics of more experienced traders and earn more profits.

eToro allows investors to buy Bitcoin using credit card, bank transfers PayPal, Skrill, Neteller and others. For digital asset trading, transfers and conversions, the social trader supports more than 40 cryptocurrencies. The platform has the lowest minimums on the market. US or UK investors can start trading from $10. In addition, 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.

Advantages:

  • Copy trading tool
  • Extensive payment options
  • Highly regulated

cons:

  • Transactions are in US dollars

>>> Buy Bitcoin on eToro

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

2. Binance – Best High Liquidity Platform 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, processing billions of dollars in daily trades. So if you are looking for a platform to buy Bitcoin with credit card, this exchange has you covered.

There are numerous benefits to using Binance. Binance, as one of the largest Bitcoin exchanges, is extremely liquid. This means you can trade Bitcoin in 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.

Advantages:

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

cons:

  • Not regulated in many countries

>>> Buy Bitcoin on Binance

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

3. Coinbase – Best Beginner Friendly Bitcoin Exchange

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Coinbase is widely recognized as the most liquid cryptocurrency exchange in the world, with a large number of crypto pairs.

The platform may charge when customers buy, sell or convert bitcoins, but the fees are low. In addition, Coinbase’s minimum deposit is set at $2. Trading fees are 0.5%; however, there are no fees for first deposits or withdrawals.

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

Coinbase also provides educational materials and activities to help clients better understand the crypto financial market, how crypto works, and how they can benefit from crypto investments.

Advantages:

  • Suitable for beginners
  • Low minimum deposit
  • Intuitive interface

cons:

>>> Buy Bitcoin on Coinbase

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

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 login option of the eToro website. Enter your email address and unique password or sign in with your Google or Facebook account.

2. Verify ID

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You must complete the KYC (know-your-customer) procedure to be fully admitted on the platform. All that is required is a copy of your driver’s license or a valid passport. You must also 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 will be taken directly to the deposit page where you can enter your credit card information. To fund your account, go to ‘Deposit’ and enter the amount of the digital asset you wish to purchase.

4. Search for Bitcoin

Type ‘BTC’ in the search field and click on 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 investor protection in the UK or EU.

Click on the ‘Trade’ button to enter the buy page to invest in Solana. Type in how much Bitcoin you want to buy and click ‘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. Fast Deposits and Withdrawals

On many exchanges where you can directly buy Bitcoin with credit card, transactions are usually fast and hassle free. This is mainly because paying with a credit card eliminates the lengthy verification step required for other payment methods, such as bank transfers.

In addition, most platforms like eToro do not charge for credit card deposits.

2. High Security

Credit cards offer better protection against fraud and a degree of independence from your bank account, adding an extra level of security. This is because the charges are not credited directly to your bank account; instead, your credit card issuer will see this as a charge to your account that must be paid when you pay off your credit.

3. Easy to use

Paying for your Bitcoin purchase is definitely easier to use than other payment methods. There is often no need to sign up with a third-party payment vendor or wait for deposit verification, which can take 3 to 7 days on eToro. Simply link your credit card to the platform and buy Bitcoin directly with credit card.

>>> Buy Bitcoin on eToro

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

Buy Bitcoin with credit card without verification

Investors can buy Bitcoin with a credit card without 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 insecure and ask for your credit card information. We recommend using trusted and regulated exchanges such as eToro, Coinbase and Binance to buy Bitcoin with credit card.

Inference

Following the rise of Bitcoin in the digital asset market, there has been an increase 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 a credit card. Great customer service, wide investment options, transparent fee structure, and a highly regulated platform are some of the features that eToro loves so much.

>>> Buy Bitcoin on eToro

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

Disclaimer: Content produced by CryptoPR

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