Bitcoin Forum

Does anybody know a place where i can buy bitcoin with credit card. I have tried so many websites but it always declines. Who knows a good place where i can buy. NB: I have tried Binance also

Mostly this depend on country of residence many countries not eligible to go through credit/debitcard but still you have this option can check hopefully someone will accept your card. https://www.bestchange.com/visa-mastercard-usd-to-bitcoin.html

Country of residence is so important. Thanks for the link ill check it out

Well, just a suggestion. Be careful in picking an exchange using your credit card, --they perhaps steal your bank account info, and this perhaps a reason leads from hacking. Try to read this link, ^{[ https://www.buybitcoinworldwide.com/credit-debit-card/ ]} there are pros and cons on each exchange and I suggest to always read the Terms and condition before proceeding your transaction. I just wonder why Binance is not enough for you which is this exchange is reputable enough.

What are those websites you already tried?

What kind of decline or what's the problem and error did they tell you?

I think there's something wrong with your issuing bank itself.

You have to check the restrictions before you transact online and make sure that you are using your own credit card so you wont get decline on your next attempt. Buying using are bank accounts or credit card with bitcoin is so easy nowadays, and most of the new investor are using this including me. Binance works wel, I don’t know other exchange that can offer you a good service like this, find the best that fits for you.

You can use paxful.com.They accept credit card(dual currency)

Yes you are right but first need to pass KYC then you can use these cards otherwise no chance.

I tried binance and simplex. It just declines the transaction and i use Mastercard. i tried it severally but im very sure its not an issue with my card its probably my country thats why it declined

have not tried out paxful but i doubt it will work out Nigeria but i will definitely check it out

Binance is a good site for buying crypto with credit cards i don't know much about other sites but it will usually depend on the country where you live. In our country credit cards have been opened to buy cryptocurrencies from binance. You can't buy because you don't support binance there analyze the various sites of the forum and follow the big member posts to find the right solution.

AFAIK Binance requires users to submit and comply with their KYC if the users would like to engage with Fiat trading in their platform. Also, there are still no platform that offers fiat exchange to crypto that supports paypal and other credit card for depositing without the platform knowing its users. It is always part of the legal requirements if a user would engage with fiat exchange not only to validate such users but also most local laws prescribe them to do so.

I think cointral.com good site for buying crypto with credit card and they have 4 provider. paxful, koinal, moonpay and simplex.

https://cointral.com/

LUNO accepts nigerian credit card apart from this I don't see much options for Nigeria credit card customer to buy bitcoin, and for Nigeria like country better use the cash deposit options on p2p sites for safe and economical way of purchasing because generally credit card purchases costs huge fees.

Transaction through credit card depends on some conditions. First you should be confirmed that your country permits cryptocurrency transaction. Your credit card should be international card and its foreign part should be opened. You can search on google which platform permits credit card for transaction. 

I personally bought crypto with a credit card only on binance ... and to be honest I have never had any problems...
what's important if you want to buy crypto with a VISA or MASTERCARD, you can buy it with zero commission until 2020/09/18 11:59 PM (UTC) Buy Crypto with ZERO Fees when using Visa or MasterCard!
 (https://www.binance.com/en/support/articles/9c3a24e11240424a993cd4f026164e9f)

This has been asked million times and I have given the same answer a million times as well. Do not buy bitcoin or any crypto with credit card, never do it, never have any reason to do it, there is no explanation that will make it better. If you do not have money on your bank account that you haven't used in the last 6 months aside from investment or savings interest and what not, you should not get into crypto at all, it is something quite important that we can't just ignore.

Honestly we are going to invest into crypto, the whole world will do that one day, but do not do it with credit card with money you do not have. Even if you have money and you put it aside and buy with your credit card thinking you will cover the debt with that money, don't do it, because something urgent could happen that could cause you to spend that money.

If you’re going to be purchasing with your credit card , you have to be very careful of the site you’re going to be using, so that your information you give to them doesn’t leak. Using centralized exchanges to buy Bitcoin is usually slow, because it has to go through a lot of process. Some of them are making use of Simplex and sometimes it can take up to 24 hours for your Bitcoin to be loaded on your wallet.

I have tried purchasing through BitPay, Coinbase, and they are usually the same. So I make use of Paxful which is peer-to-peer, and I don’t have to bother about that. Apart from Paxful I also make use of LocalBitcoin, though I hardly use it because Paxful is more popular in my area.Sometimes,I buy from people direct, and those are people who are also into Bitcoin and they want to sell their bitcoin, I buy it from them. Then I make use LocalBitcoin.org.

If your country doesn't allow Bitcoin as legal currency then you will face difficulty in this sector. I will suggest you to buy from local market. Many people are selling Bitcoin for fiat currency. It can save your fees also.

Poloniex is one such exchange that I can recommend for buying crypto using credit card. And just like with many such places which will need to partnership with payment processors there might be a fee and perhaps a minimum also. Best to search which ones give you the best of these before buying. Good luck.

Why don't you try using Huobi global? Huobi currently supports bitcoin transactions using credit cards and also P2P services. Besides Huobi is also supporting transactions for 29 countries around the world and toio thinks you are also on the list. just create an account and go there to try it, i have bought so many times and no error ever happened.https: //c2c.huobi.com/en-us

Some platforms that would let you buy crypto with credit card are NewsCrypto and CoinCasso. When you want to buy something within the platform, they have an option where you can insert your credit card details along with the amount of coins or tokens that you want to purchase.

Let's say NewsCrypto for example. What if you don't want to buy NWCs in exchange platforms but rather buy directly from their platform through credit card? Of course, it's possible. Same thing with CoinCasso and other similar platforms out there.

Keep in mind that Binance has restrictions on several countries, so it is likely that your country will be one of the ones that Binance
has restrictions on. That's why your transactions continue to fail when you want to buy cryptocurrency with a credit card. The thing
is that I have no problems buying Cryptocurrency on Binance with a Credit Card. But there are still many other choices of websites
that can buy Cryptocurrency with a Credit Card, I recommend buying crypto at Bestchange or Paxful.

I do that always with cex.io exchange, they proceed plastic cards. besides, withdraw also available.

yep cex is very ok for a wide range of countries. and  I just read they launched 0% fee Visa card deposits for its users https://bitcoinist.com/cex-io-to-provide-one-click-defi-access-lists-new-tokens/

you can use waves.exchange website (you can buy bitcoin but also cryptocoins). cex.io is also another option but always check before use what are their fees for trading or withdrawal.

also paxful allow to buy crypto directly with credit card (Just note this is a p2p exchange).
https://paxful.com/how-to-buy-bitcoin/any-creditdebit-card

What? Binance cryptocurrency exchange has a good credit card buying but hearing your complaints here surprises me about the sincerity of what you have said. Though, this error can also be from your end and not those cryptocurrency exchanges you have tried. I will advise you to try more reputation cryptocurrency exchanges, also, always double check the exchange TOS before transacting business with them.

Exactly. The country where you do reside truly matters before conducting or finding an exchange where you can buy a crypto using your credit/debit card because there are countries that do not allow crypto purchasing or transaction and usage of credit cards and insisting to do such might just lead to freezing of account once bank have known your transaction that is against on your country's policy with regards to crypto issue. Also, beware or take precautions on transacting a purchase using your credit card because you might get into a scam exchange that might get your account details and your balance will be loss.

Let alone credit card, there are people who take out a loan to get into bitcoin, it is really crazy to see it, I really hope people stop doing this because it makes no sense to get in this big.

However if you want to get in small and do not want to deal with buying it every month, coinbase has a feature that takes out money at the first of every month (I think date could be changed if you want, not sure) which means let's say you tell coinbase "take out 100 dollars every month" and it does that and you keep having more bitcoins thanks to buying it but also your fiat investment goes up as well since most of the time bitcoin goes up as well, so you end up buying at cheaper and with time it makes more profit and goes up. If you want to do that go look at coinbase, if you are going to get in bigger, I would say don't.

I saw crypto.com offers buying crypto with your credit card with 0 fees.  If you're interested for other projects as well to invest, you may check KittieFIGHT too. They offer 50% bonus for the first 1000 participants. If you heard about cryptokitties last 2018, the project that congested the ethereum network, they're the ones in this project too.

What are their fees and how long it takes to process the payments? Do they accept small amounts?

But it is never safe to provide your card details to a random and unknown person online just to buy some dollars worth of bitcoins because they can further sell your private data and card details to people who do carding of funds and can juice out all the money in your bank account and even take credits on top of it.

I would never want to buy BTC with a person with my card rather go with internet banking and make a simple transfer instead.

Actually I tried Poloniex but my card was declined if I remember correctly because it has been a while when I tried it. I am myself looking for a website where I can buy bitcoins with my card without any hassles and while I would be able to pass any KYC they need, but I would like to make sure my ID is and will not be misused by them in any case so the platform has to be trusted.

Someone suggested me moonpay but even they declined my card so I am not sure if there is any provider that accepts cards from all countries and all types. If anyone reading my comment has any such website please link it, it will be a decent help as I often try and fail to purchase bitcoins and then have to buy through P2P platforms localbitcoins.

I don't think it's a question of what exchange/platform is accepting credit card payments since most of them are but its a question of what credit card banks are accepting crypto purchases since not all are banks allow their clients to buy cryptocurrencies with their credit card. So maybe you should find out first if your bank allows the purchase of cryptocurrencies with your credit card before trying to find an exchange that has one.

I think the reason why you can't buy with your credit card may be because your bank or your country doesn't accept or allow you to purchase cryptocurrencies in exchanges. So the only way for you to purchase crypto or bitcoin in every exchange is to apply for a credit card in other banks that will allow you to purchase cryptocurrencies without encountering any declines problems.

I don't see any exchange where you can buy bitcoin but actually you may use a credit card for buying cryptocurrency in the crypto ATM, this would be possible if your country already has a cryptocureency ATM and if you have then it would be good for you, you may have a good transaction with it buying it on ATM still has a transaction fee, this fee will not leave us in any of our crypto transaction ;D.

ATM is not really needed when there is so many places online that you could buy, however credit card buying actually has a higher fee as well so I do not really understand why people want that.

The moment you make your credit card payment you are down something like 3% and that means you have to deal with bitcoin up and downs with that, why not use any exchange that does local transfers which would cost absolutely nothing so you could start with positive instead of negative?

In all seriousness I still think credit card purchasing is a bad way to go, there is no reason why people should be doing something like that, but if you really want to do Coinbase type of famous places are the only way to go, otherwise you are risking your first entry to crypto world by shady places where you give your credit card info.

I would suggest you try out the debit cards being offered by platforms like Binance, Swipe or even Crypto.com cards. The reason why I suggest using such cards is because they allow you to easily make transactions with your cryptos in the real world. That's something you'll find difficult to do with cards offered by traditional financial institutions like banks.

They do come with certain benefits too. https://www.binance.com/en/cards (not* ref link).

You can easily buy Bitcoins, through your credit card at Coinbase.
They too only require a small verification process that is instant also.
And Coinbase is one of the trusted compaion which you can rely upon.
Also you can connect your CC to your PayPal account and Can buy BTC for PayPal at many places.
Have a visit to Localbitcoins.com also, they too have many payment methods to purchase BTC.
Hope this helps you OP.

I believe there are several sites where you can buy bitcoin with your credit card only that one needs to be very careful in doing this. Many of these sites are actually there to siphon one's personal details which have been submitted.
I think Coinbase accept credit cards to buy bitcoin. It is safer and requires less verification to make the purchase.
However, I believe it's best if you can find a way to buy the coins without having to use your credit card. You can actually buy peer-to-peer.

be really carefull when buying on shady exchanges or websites with credit card, specially for crypto
I'd recommend going only to big known exchanges websites like binance, crypto.com, paxful or uphold for this kind of buy.

remember to use risk management too and don't buy more than you can afford to loose.

I think that when you want to make any transactions you have to be careful, san from the exchange you provided I prefer the Binance exchange to be the best destination for traders and investors who want to buy and sell cryptocurrencies.

Using a credit card does have a higher fee but some people like it. and bitcoin ATMs are also not needed when buying bitcoin can be done online on many platforms, especially on the P2P binance platform which will make it very easy for users to buy bitcoin and other altcoins and also include stablecoins such as USDT.

why do you have to use the hard way when there are other ways that are more flexible and more efficient and the costs required are very cheap, even the Binance p2p platform without additional fees or Zero Fee.

Isn't the issue with this many sites won't accept it due to chargeback? 


Also but main reason is the fees right?  Because if no fee, wouldn't it make sense since lot of ppl get cashback with their credit cards?

The fees are right.

But there are these people that prefer to use their credit cards for buying bitcoin or any altcoin of their choice. I've seen good exchanges that allows this but be ready for the fees.

It's better to mention the used exchanges that won't allow this or has some problems faced upon top up.

You can use of localcrypto to buy Ethereum and bitcoin.It provide a best service with the trusted escrow service.Only thing is you need to pay a escrow fee and gas fee.Even it include of both,you will get of profit by selling at good rate.Don't try of paypal or pioneer in that website,since you need to release as soon as you was paid.

Not sure about Poloniex because I haven't used that exchange for almost an year or even more since I joined Binance recently and I never felt the need to switch the exchange ever again.

I can recommend a service too which is MoonPay because they are being listed on stake.com and for those who don't know stake is the biggest casino and sportsbook in crypto so if they are suggesting a particular website for purchase of bitcoins with credit card the you should trust them. I have never used it myself though so I am not sure but surely as they are listed on stake I trust them, just that I never felt the need to buy bitcoins with card because I often use Paypal and have some fixed people who sell.

Lol what type of card are you making use of that would make Binance reject your card? Is it a well-known card like MasterCard and Visa? And also you have to understand that you if the card is a local card and you’re trying to use it to buy from Binance, it’s not going to work.

In my country there are three main types of cards that we use, and only two can work on an international level; you can use them to buy from international websites, and also purchase whatever you want online, but the other one only works locally and if you try to use it on sites like Binance, it wouldn’t work.

So, check if it’s something like that. If that’s not the case, it might be a problem with your bank, or you can try using other methods to buy.

make sure to check extra fees and taxesfor credit cards too.
In Brazil, as an example, any purchase on credit card that is not directly made in BRL has a 6.38% IOF tax (financial operation tax). this is valid for dollars or any other currency.

it'd be usefull to know OP's country to provide more information.

I would actually rather prefer buying from a local seller via Localbitcoins because I know them and if any problems occurs I can always contact them. But these websites that offer purchase with credit card are risky. Yes, Binance I can trust if they offer such services because they are a established exchange but these new websites that are coming in the market and offering such are never the best option.

Well, fees should not be a problem because buyer is able to pay the reasonable fees but the problem of charge back is real because one can claim he lost his card and there are unauthorized transactions being made with his card and hence resulting in the reversal of the transaction while the BTC sent cannot be reversed at all.

Buying with a credit card you pay higher fee but it still makes sense when you need it done fast or buy a small amount. Besides, there shouldn't be KYC if you buy from the service you already bought from. At least this is how it works for me when I buy from Ownr wallet, I pretty sure it's similar for most services.

If buying Bitcoin with a credit card is not an urgent need, I would say you can buy it from a local client. It is safe and affordable at the same time. Moreover, not all countries have bitcoin legalization. In addition, you can check if your card is prepaid or not. Because many platforms do not support prepaid cards.