How to Buy Bitcoin (BTC) with a Credit Card: Step-by-Step Guide to Entering the Cryptocurrency World

With a credit card, you can buy crypto, including Bitcoin! It’s a straightforward process that various crypto exchanges have facilitated.

Man bitting on his credit card smiling. His one hand finger is pointing to the other holding a Bitcoin logo sculpture.
Created by Kornelija Poderskytė from DailyCoin

You’ve heard the buzz about Bitcoin (BTC) and are ready to dip your toes into cryptocurrency. You may have wondered how to buy Bitcoin with a credit or debit card. 

After all, credit cards are a convenient and familiar payment method for most of us. 


You’ll be pleased to know that buying Bitcoin with a credit card is not only possible but is also becoming increasingly common. 

In this article, I will guide you through the process, offering clear instructions and tips to help you navigate your way into this exciting financial frontier.

For the rest of this article, I will refer to “credit cards”; note that I am referring to both credit and debit cards.

Can I Buy Bitcoin With a Credit Card?

You can buy crypto, including Bitcoin (BTC), with a credit card! It’s a straightforward process that various crypto exchanges have facilitated. 


Most of these platforms have made it easy for beginners to purchase Bitcoin using standard payment methods, including credit cards and bank account transfers of fiat currency.

However, it’s important to note that the ability to use a credit card for Bitcoin purchases may vary depending on your location. 

Can I Buy BTC with a Credit Card in the United States?

For readers in the United States, you can rest easy. Many leading crypto exchanges, such as Kraken, eToro, and Uphold readily support credit card transactions in USD.

Using a credit card to buy Bitcoin (BTC) offers several advantages, such as transaction speed and the ability to buy now and pay later. However, remember to exercise caution and avoid overextending your credit. 

Like any other, cryptocurrency investments come with risks, and investing responsibly is essential.

In the next section, I’ll walk you through the process of buying Bitcoin with a credit card step by step, focusing primarily on Kraken, one of the market’s leading crypto exchanges.

How to Buy Bitcoin with a Credit Card: A Detailed Walkthrough

Kraken is a popular cryptocurrency exchange that offers a wide range of features and services. Some of the reasons why I chose to use Kraken include:

  • Strong Security
  • High Liquidity
  • Competitive Fees
  • Excellent Customer Support
  • Great Educational Resources

You can either sign up on the Kraken website or download their iOS or Android mobile app.

For this demonstration, I used their website, but the procedure is very similar on their mobile apps.

Here’s a step-by-step guide on how I did it.

Buying BTC with a Credit Card on Kraken

  1. Create an Account on Kraken

    Example on how to create a personal account on Kraken.
    Source: Kraken

    I started by creating an account on Kraken. I provided my name and email address and created a password. 

    Make sure to verify your email address; this is a crucial step to secure your account. Without doing this, I couldn’t proceed.

  2. Verify Your Account

    Example on how to verify your identity on Kraken.
    Source: Kraken

    Next, I had to verify my account. 

    This process involves providing a government-issued ID. Kraken, like many other regulated exchanges, requires this step to comply with “Know Your Customer” (KYC) and Anti-Money Laundering (AML) laws. 

    I also had to take a selfie (using my webcam, on the mobile app, it uses your phone’s Camera) to compare to the photo on my driving license. You can also use your passport.

    Initially, I thought this would be a hassle, but it’s simple, well-explained, and quick to verify.

  3. Deposit Funds into Your Kraken Account

    Once your account is verified, it’s time to deposit funds. 

    First, click on the ”Buy crypto” button at the top left of the homepage.
    "Buy crypto" button top left of the Kraken homepage.
    Source: Kraken

  4. Then click the “Add payment method” on the pop-up window.

    Add payment method field in Kraken exchange.
    Source: Kraken

  5. Finally, click the “Add a payment card” button.

    From there, add the details from your credit card and click save. Both Visa and Mastercard are accepted.

    Add payment card window in Kraken pop-up.
    Source: Kraken

    Note that Kraken charges a fee for credit card deposits. This fee varies based on your location and the amount you’re depositing.

6. Buy Bitcoin

Now comes the exciting part! 

Once you’ve added a payment method, it’s time to make your purchase!

To do this: 

  • Go back to the homepage and click the same “Buy crypto” button (top left) as you did in the last stage (or use the “Buy Bitcoin” button in the center of the screen).
Buy crypto button on Kraken website.
Source: Kraken
  • Select “Credit Card” as your payment method, enter the amount you want to spend. Make sure the window shows your desired crypto (it defaults to Bitcoin).
  • Then click “Review.”
Review field on Kraken Exchange.
Source: Kraken
  • The amount of Bitcoin you will receive is shown at the top of the pop-up window. In addition, the current BTC price, the card being used, and fees are shown in the breakdown.
Buy Bitcoin field on Kraken Exchange.
Source: Kraken

5. Receive Your Bitcoin

Voila! Your Bitcoin will be deposited into your Kraken account immediately. You can withdraw your Bitcoin to a personal wallet or hold it in your Kraken account. 

And that’s it! You’ve successfully purchased Bitcoin with your credit card on Kraken. 

Remember, the world of cryptocurrency offers exciting opportunities, but it’s essential to invest wisely and responsibly.

Sign Up to Kraken

Crypto Exchanges that Support Credit Card Purchases: eToro and Uphold

Apart from Kraken, there are other reputable exchanges where you can buy Bitcoin with a credit card. But first, let’s delve into buying Bitcoin on eToro and Uphold.

I chose eToro and Uphold because they are two of the more popular cryptocurrency exchanges. 

Both exchanges offer a wide range of features and services, making them a good option for anyone who wants to buy, sell, or trade cryptocurrencies.

Both eToro and Uphold are regulated exchanges, meaning they are subject to certain financial regulations. This can help to protect us from fraud and other risks.

Buying Bitcoin on eToro

eToro, known for its social trading feature, is a popular platform for buying Bitcoin. Like Kraken, you can use their website or their iOS and Android mobile apps.

Here’s how:

1. Create an account on eToro. 

Provide your name, email address, and password. You will also need to verify your email address.

2. Verify your account. 

eToro requires account verification for security purposes. This process includes providing a government-issued ID and taking a selfie with your ID.

3. Deposit funds into your eToro account. 

You can use a bank transfer, wire transfer, or credit/debit card (Visa or Mastercard). Note that eToro charges a fee for credit card deposits.

4. Go to the “Trade” page and select “Bitcoin” as the asset you want to buy. 

On the eToro website, navigate to the “Trade” page and select “Bitcoin.”

5. Enter the amount of Bitcoin you want to buy and click “Open Trade.” 

Your Bitcoin will be deposited into your eToro account immediately. You can then withdraw it to your crypto wallet or use it for trading.

Sign Up to eToro

Buying Bitcoin on Uphold

Uphold is another excellent option, known for its straightforward interface and various supported cryptocurrencies, including Ethereum (ETH) and many altcoins. 

Again there are mobile apps for iOS and Android.

How to buy Bitcoin on Uphold:

1. Create an account on Uphold. 

You’ll need to provide your name, email address, and password. A verification email will be sent to your inbox.

2. Verify your account. 

Uphold requires account verification, which involves providing a government-issued ID and taking a selfie with your ID.

3. Add a credit or debit card (Visa or Mastercard) to your Uphold account. 

You must provide your card number, expiration date, and CVV.

4. Go to the “Buy” page and select “Bitcoin” as your desired asset. 

You can find the “Buy” page on the Uphold website to select “Bitcoin.”

5. Enter the amount of Bitcoin you want and click “Buy.” 

After completing your transaction, your Bitcoin will be immediately deposited into your Uphold account. You can then withdraw it to your crypto wallet or use it for purchases.

Remember, investing in cryptocurrencies comes with its own set of risks. So only invest what you can afford to lose.

Sign Up to Uphold

Pros and Cons of Using a Credit Card to Buy Bitcoin

Buying Bitcoin with a credit card has its advantages and drawbacks. Let’s take a look at them:


  • Speed: Credit card transactions are processed quickly, allowing you to instantly receive your Bitcoin (BTC).
  • Convenience: Many people are familiar with making purchases online using credit cards. This method is easy to use.
  • Accessibility: You can buy Bitcoin with a credit card from almost anywhere in the world, as long as you have internet access and a functioning credit card.


  • Fees: Credit card transactions often come with high fees. These can include deposit fees from the exchange, cash advance fees, or higher interest rates from the credit card company.
  • Risk of Debt: You’ll accrue interest if you don’t fully pay off your credit card balance. Given the volatility of Bitcoin, you could end up owing more than your investment is worth.
  • Fraud Risk: Although exchanges implement security measures, credit card transactions are always at risk of fraud. Always use trusted exchanges and protect your card information.

It’s essential to consider these factors before deciding to buy Bitcoin with a credit card. First, understand the fees, risks, and financial situation.

Wrapping It Up: Taking Your First Step into the Crypto World

Embarking on your Bitcoin journey can be a thrilling experience. 

While using a credit card offers a swift and accessible entry point, it’s crucial to remember the importance of diligent research, understanding the associated fees, and considering the security aspects. 

Trusted exchanges like Kraken, eToro, and Uphold provide a straightforward process to buy Bitcoin with a credit card, each offering unique features and services.

Remember, investing in cryptocurrencies like Bitcoin is not without risks. Therefore, it’s always recommended only to invest what you’re willing to lose and keep up to date with the dynamic world of cryptocurrencies. 

Frequently Asked Questions

1. Is buying Bitcoin with a credit card safe?

Buying Bitcoin with a credit card is safe, especially when using reputable cryptocurrency exchanges like Kraken, eToro, and Uphold. However, always use a secure internet connection and double-check the website’s URL to avoid phishing attempts.

2. Are there fees for buying Bitcoin with a credit card?

Yes, most cryptocurrency exchanges charge a fee for buying Bitcoin with a credit card. However, the fee varies from one exchange to another and depends on the amount of Bitcoin you buy.

3. Can I buy Bitcoin with a credit card from any country?

Most cryptocurrency exchanges support a wide range of countries. However, some countries may restrict buying Bitcoin with a credit card. Therefore, checking the exchange’s supported countries list before proceeding is recommended.

4. Can I buy other cryptocurrencies with a credit card, not just Bitcoin?

Absolutely. Most cryptocurrency exchanges that accept credit cards for buying Bitcoin also support purchasing other cryptocurrencies like Ethereum, Litecoin, Ripple, and many others.

5. How long does it take for the Bitcoin to appear in my account after purchasing?

Once your credit card transaction is approved, the Bitcoin should instantly appear in your account. However, transaction times can vary depending on the exchange and the current state of the network.

On the Flipside

  • While purchasing Bitcoin with a credit card is convenient and fast, it often comes with higher fees than other payment methods like bank transfers.
  • Not all credit card companies allow the purchase of cryptocurrencies; some may even charge it as a cash advance, resulting in additional fees.
  • Buying Bitcoin with a credit card can lead to overspending. Make sure you’re only investing what you can afford to lose in the volatile world of cryptocurrency.

Why This Matters

Understanding how to buy Bitcoin with a credit card gives you an easy, fast, and convenient way to get started in cryptocurrency. 

It’s a crucial step towards participating in the digital economy, diversifying your investment portfolio, and potentially reaping significant gains from crypto market movements. 

Plus, with the information you’ve gained today, you can navigate this process on popular platforms like Kraken, eToro, and Uphold, making your journey into crypto investing smoother and more secure.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Paul Fulbrook

Paul Fulbrook is an English cryptocurrency writer based in Brighton, known for his educational articles, newsletters, and industry features. With a background in marine biology and nine years of experience as a science teacher, Paul possesses a unique ability to simplify complex crypto topics. He brings a blend of research skills and teaching expertise to his in-depth articles for DailyCoin, all while enjoying the scenic views of the ocean from his home in Brighton, UK.