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8 Exchanges to Instantly Buy Bitcoin and Altcoins with Credit or Debit Card

Adam Robertson • Dec 28, 2020

It’s without a doubt that Bitcoin has gone mainstream. However, the biggest bottleneck in obtaining Bitcoin and other altcoins has always been purchasing either of them instantly. Most of the crypto exchanges accept other payment methods except for debit and credit cards. Nevertheless, the increasing demand for bitcoin transactions has sparked an evolution in many platforms to facilitate settlements through FIAT currency. These platforms include various payment methods as per a user’s convenience, though not all of them accept credit cards for buying bitcoins. Here is a list of some of the best exchanges that allow buying bitcoins via credit or debit card instantly. 


8 Best Ways to Buy Bitcoin/ Altcoins with Credit/Debit Card 2020


Coinbase

Coinbase is a leading crypto exchange to purchase Bitcoin and altcoins such as Litecoin or ETH via Visa debit/credit card within the USA’s borders. The platform provides high-end security measures coupled with a low trading fee. The user interface is simple and ideal for expert traders as well as beginner traders alike. 


Fee

Coinbase charges an average transaction fee of about 1.49% to 3.99%. Upon the use of credit cards, the exchange imposes a 3.75% fee. A limit is also enacted on buying Bitcoin via credit cards, i.e., $150 of bitcoins per week. Coinbase verifies its users and requires each of them to submit ID proofs as a verification method before using a debit/credit for payment. Each user’s credit card transaction limits are viewable on the verification page. 


How to Buy Bitcoins/Altcoins using a debit card on Coinbase

  • Register for an account on Coinbase.
  • Complete the signup process.
  • Go to the Payment settings and add a payment method.
  • Select the debit card option and add your debit/credit card.
  • Coinbase will conduct two transactions.
  • Log in to the card statement account.
  • Add the payment to your Coinbase account section.

Pros: User-friendly interface, low trading fees, instant, secure and reliable transactions.

Cons: Transactions may take some time, available in only select countries; support may take an awful while to respond. 


Binance

Binance is an established crypto exchange accessible in all countries except the USA. The exchange allows the instant purchase of Bitcoin and altcoins, including BNB, Ether, XRP, and Tether with Visa or MasterCard, thanks to their partnership with Koinal, TrueToken, Simplex, and Paxos. The exchange is relatively easy to use and boasts of a secure and user-friendly interface. 


Fees

Binance charges two payment fees, i.e., Koinal (2.5% fees) and Simplex (3.5%). Transaction fees on the platform are relatively low compared to other exchanges. 


How to Buy Bitcoins/Altcoins using a debit card on Binance

  1. Create your Binance Account. 
  2. Choose the cryptocurrency you want to buy. 
  3. Select the “Visa/MasterCard” payment option.
  4. Enter the number of cryptos you wish to acquire and confirm your order. 

Pros: Fast services, low transaction fees, good reputation, excellent customer service. 

Cons: Not available in the US, Supported cryptocurrency for trading is limited. 


Luno

Luno allows you to buy Bitcoin, Ethereum, Litecoin, and XRP using a debit/credit card accepting EUR, ZAR, NGN, and MYR as the fiat currencies. The exchange covers over 5 million customers spread out across 40 countries. Luno streamlines the process of trading cryptos, creating an ideal environment for beginner traders. 


Fees

Luno charges a low transaction fee, which varies between country and purchases. Transactions fees calculations rely on the taker maker payment system where users end up paying fees between 0.25%-1% depending on the currency in trade. Deposits using debit/credit cards are free of charge. 


How to Buy Bitcoins/Altcoins using a debit card on Luno

  1. Sign up on the platform.
  2. On the account setting tab, click on the “Credit/Debit Card” option.
  3. Enter your Debit/Credit Card Information.
  4. Confirm and buy Bitcoins.


Bithumb Global

Bithumb Global is a popular South Korea-based crypto exchange with plenty of features making it ideal for altcoin traders. The exchange aids users in purchasing Bitcoin and altcoins using credit cards under third-party fiat-to-crypto gateway providers. Users can buy close to 20 popular crypto assets with fiat.


Fees

The platform’s fees are quite competitive. Withdrawal fees are also dependent on the type of coin. Withdrawal of Ethereum costs 0.01 ETH while Bitcoin costs 0.001 BTC. Generally, the exchange charges 0.15% of what you’re purchasing or selling. 


How to Buy Bitcoins/Altcoins using a debit card on Bithumb Global

  1. Sign up on the platform. 
  2. On the account setting tab, click on the “Credit/Debit Card” option. 
  3. Enter your Debit/Credit Card Information. 
  4. Confirm and buy Bitcoins or altcoins.

Pros: Large trading volume, 24/7 support, beginner-friendly. 

Cons: Sometimes the verification process is slow.

 

Crypto.com 

Crypto.com is a beginner-friendly crypto exchange that enables users to purchase over 80 cryptos via debit cards, including 21 top fiat currencies, including EUR and USD. The exchange is non-custodial and boasts of low trading fees coupled with deep liquidity and outstanding execution prices. 


Fees

Crypto.com app doesn’t exact tariffs on deposits or transfer to other exchange platforms. The fees charged for withdrawals depends on the type of token withdrawn. Users will be subject to a trading fee. A credit card purchase on the exchange is charged 0% in EU nations and between 1-3% in other regions. 

How to Buy Bitcoins/Altcoins using a debit card on Crypto.com

  1. Register on the platform and complete the Identification Verification. 
  2. On the exchange, click on Buy.
  3. Choose “Credit Card’ as the Purchase Method. 
  4. Accept the 3.5% Card Fee. 
  5. Click on “Add Credit or Debit Card” and fill in your card info.
  6. Choose the Amount of Crypto You Would Like to Purchase and Click Buy.
  7. Confirm and finish off the transaction.

Pros: Low trading fees, beginner-friendly, regulated 

Cons: No app, incompetent user privacy. 


Coinmama

Coinmama simplifies the process of buying Bitcoin and altcoins using debit/credit cards. Contrary to other exchanges, Coinmama doesn’t offer an in-built Bitcoin wallet. One should seek a way to store crypto themselves on the platform.


Fees

Coinmama charges a flat-fee of 6.75% on all transactions. Transactions involving debit/credit cards adds a 5% fee to the tally. The exchange also limits transactions involving credit cards to 5000 USD/EUR per day and 20 000 USD/EUR per month. 


How to Buy Bitcoins/Altcoins using a debit card on Coinmama

  1. Sign up on Coinmama and verify your identity.
  2. Add a Bitcoin address to the platform.
  3. Provide debit/credit card information.
  4. The address receives Coins instantly after purchase.

Pros: Fast purchase turnaround, good customer support, reputable company

Cons: Charges high fees compared to other exchanges, has monthly limits. 


CEX.io

Cex.io offers seamless Bitcoin and altcoin purchases using credit cards. It’s one of the most efficient and trusted sites for buying Bitcoin or altcoins with credit or debit cards. While it offers brokerage services, the fees are relatively high. Nonetheless, you can still purchase Bitcoin on the platform all by yourself. 


Fees

CEX.io fees are higher compared to other platforms. The platform charges a fee of 7% for bitcoin exchange involving direct trading. The exchange employs a maker-taker model meaning that the transaction charges are dependent on the tariffs charged. It also implements buying and selling limits. Verified users can deposit between $10,000/day to $100,000/month using Visa/Master Card and Bank transfers. 


How to Buy Bitcoins/Altcoins using a debit card on CEX.io

  1. Sign up on CEX.io. 
  2. Click on: Finance,” then “Deposit,” and then click on the FIAT currency of your choice. 
  3. Use your debit card to deposit to your account.
  4. Buy Bitcoins and other altcoins by clicking on “trade” then choose the “BTC/USD” option. 

Pros: Supported in numerous countries, reputable exchange, has a high purchasing limit

Cons: Very high exchange rates with an extensive verification process. 


CoinSwitch

CoinSwitch offers instant crypto purchases using debit or credit cards. One can buy over 300 cryptocurrencies on the exchange, including BTC, XRP, LTC, and ETH with Visa or MasterCard. All major fiat currencies, including USD, EUR, RUB, JPY, and AUD, are supported. The platform has an anonymity feature whereby users do not have to sign up or create an account to purchase crypto. 


Fees

The charges are dependent on the type of exchange, ranging from a fee of 0% to 0.49%. The rates are one of the lowest among crypto exchanges. 


How to Buy Bitcoins/Altcoins using a debit card on CoinSwitch

  1. Input the USD amount and select the exchange with an excellent price. 
  2. Input your BTC address. 
  3. Click to make payment with your Credit Card.
  4. Ensure the coins reflect in your BTC address.

Pros: Supports vast tokens, has reliable support, accepts crypto interchangeability, low trading fees. 

Cons: It is unavailable in several countries such as the US. 


Final Words

Advancements in the crypto space have now made it possible to purchase crypto using a debit or credit card. Buying Bitcoins and altcoins via debit card is relatively easy on exchanges that accept the use of a credit card. Including credit cards to purchase cryptocurrency has made crypto exchanges instrumental in spurring mainstream crypto adoption. Even so, before buying crypto using credit cards on crypto-exchanges, one may need to exercise caution for the existence of numerous fraud platforms. The user mustn’t overlook the legality and convenience of the exchange.

Souce: Crypto Adventure

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Leetah Launches Presale Phase for LEET Tokens Eyeing $5 Million Soft Cap

By Press Release • 09 May, 2024
The Leetah project has officially launched its presale phase for the platform's native token, LEET. The project takes inspiration from the term "Leet" ("elite") and the features of a cheetah in a fun crypto twist. With a 5-phased roadmap, this new meme coin has a serious design that wants to bring value to its community. The ongoing presale phase aims to raise a soft cap of $5 million, a new important milestone for the project.  Leetah's Presale and Engagement Opportunities The project's presale will start at an initial price of $0.0065 for each LEET token. The team plans to leave the presale open until investors buy all allocated tokens. Specifically, with a total supply of 1,337 billion tokens, the presale will allocate 35% of this amount. Another 25% will let the team develop the project through its roadmap. LEET will go live through a decentralized exchange (DEX), for which the team allocated 30% of the token supply. The remaining 20% will cover marketing expenses (10%), airdrops (5%), and affiliates benefits (5%). The project will also feature a "Refer and Earn" program. The initiative will allow participants to earn additional LEET tokens by referring friends and family to the presale. With a 10% reward on their referrals' purchases in USDT, this program incentivizes active promotion and engagement within the community. Multi-Chain Launch Plans Leetah aims to launch on multiple blockchain platforms, including Ethereum, BNB Chain, and Solana. This approach will not only promote accessibility for investors but also set the foundation for potential expansion in the future. The project has already gained traction within select alpha communities with its unique presale strategy and innovative features. Specifically, this project's plans feature five different phases: Phase 1 (or "LeeTah is born") involves launching social channels and the website, followed by the presale phase. Phase 2 ("LeeTah grows") focuses on community building and marketing initiatives while passing a contract audit for security purposes. Phase 3 ("LeeTah roars") will see an increase in marketing efforts and community contests. At this stage, the team also expects to conclude the presale phase. Phase 4 ("LeeTah sprints") will mark the launch of Leetah's NFT collection and its listing on CoinGecko and CoinMarketCap. Finally, Phase 5 ("LeeTah Feeds") will involve the project's listing on major centralized exchanges and the launch of LEET TOOLS. About Leetah Leetah is a project driven by experienced developers to implement and test cutting-edge technologies in blockchain and digital token offerings. The project aims to be a leading name in Web3, pushing boundaries for investors and cryptocurrency enthusiasts worldwide. The ongoing presale phase for its native token, LEET, aims to raise a soft cap of $5 million. Leetah plans to launch on multiple blockchain platforms and has an ambitious roadmap featuring 5 phases of development. With its unique concept and strong team, Leetah wants to leave its mark in the Web3 sector. Anyone curious about Leetah and the LEET token can visit the project's website . The social media pages below frequently share news on Leetah's developments. X (Twitter) | Telegram

NOWPayments Enables Cryptocurrency Purchases of Tangem Wallets: Expanding Payment Options with BTC, ETH, USDC, and More

By Press Release • 09 May, 2024
NOWPayments, a leading crypto payment gateway , is proud to announce a strategic partnership with Tangem, the world’s leading provider of secure and easy-to-use hardware crypto wallets. This collaboration is set to revolutionize the way customers engage with digital currencies by enabling the purchase of Tangem wallets using a broad spectrum of cryptocurrencies. Responding to substantial customer demand within the Tangem community, this partnership facilitates the ability to purchase hardware wallets directly with cryptocurrency, providing a much-needed solution for enhanced transaction convenience and security. Through this initiative, customers have the opportunity to acquire Tangem wallets using a diverse range of digital currencies, including BTC, ETH, USDT, USDC, XRP, APE, SOL, TRX, MATIC, ADA, ALGO, LTC, DOGE, BCH, SHIB, DAI, and KAS. This not only meets consumer expectations for seamless transactions but also boosts the utility and adoption of these cryptocurrencies in everyday purchases.  Furthermore, this partnership significantly benefits our blockchain partners by increasing the transactional use and visibility of their tokens, thereby strengthening their position in the global crypto market. Tangem AG is a Swiss technology company known for its remarkably simple and secure self-custodial hardware wallet. The Tangem Wallet, the size of a standard bank card, enables users to securely store, buy, swap,, transfer, and manage thousands of cryptocurrencies anywhere and anytime, while being the only owner of your private keys. Tangem is redefining the wallet experience by delivering top-level security, simplicity and accessibility. “Our partnership with NOWPayments marks a significant milestone for Tangem, as we continue to evolve and adapt to the changing landscape of digital payments. Being able to accept payments in crypto not only expands our reach but also aligns perfectly with our mission to simplify and promote the use of cryptocurrency in everyday transactions. It underscores our commitment to innovation and customer-centric solutions, enabling us to better serve our community and partners while driving forward the broader adoption of digital assets”. NOWPayments and Tangem are committed to continuously developing and refining the infrastructure that supports digital currency transactions. This collaborative effort is a testament to our shared dedication to promoting a more inclusive and efficient financial ecosystem. About Tangem Tangem is a leading Swiss-based provider of secure hardware wallet solutions designed for the safekeeping and management of digital assets. Its mission is to empower individuals to take control of their digital wealth, with an emphasis on security, ease of use, and flexibility. Tangem's innovative products have garnered significant interest from investors and customers alike, driving the company's continued growth and success. For more information, visit the website . Follow Tangem’s latest news on X (Twitter) , Telegram , Discord , YouTube , Instagram , and LinkedIn . About NOWPayments NOWPayments is the leading cryptocurrency payment gateway offering support for over 300 digital currencies, enabling businesses and individuals to accept crypto payments with ease. The platform stands out in the market with its low transaction fee of only 0.5%, the lowest fee on the market. Clients can directly withdraw euros to their bank accounts, enhancing the convenience and usability of the service. Each account benefits from personalized attention through a dedicated account manager and round-the-clock support, ensuring a smooth and responsive user experience. With NOWPayments, embracing the power of cryptocurrencies has never been easier or more accessible. For more information, visit the website . Follow Tangem’s latest news on X (Twitter) .

Galaxis Unleashed: The Highly Anticipated Token Launch on Bybit

By Press Release • 09 May, 2024
On the 10th of May 2024 at 10AM UTC, Galaxis, a Swiss-based Web3 platform, is set to announce its initial token launch, which will be accessible through the Bybit exchange platform. Galaxis is a platform designed to empower creators and brands to build and manage their communities, ensuring that once a community is established, it remains under the sole ownership of its creator and members. Along the journey, partnerships with high-profile individuals like DJ Steve Aoki, actor Val Kilmer, and NBA personality LaMelo Ball have been established. Over the past few years, more than 225,000 NFTs have been sold, generating over 32,000 ETH ($100 million) in secondary sales of NFTs. Now, the focus is on mass distribution. CEO and co-founder Andras Kristof, who also installed the first Bitcoin ATMs in Singapore, shares some exciting news: "The next step includes supercharging the ecosystem with our $1M dollar Creator Grants programs, the CoinMarketCap Incubation, and many other exciting opportunities where both creators and members get paid. All this is happening on the Galaxis Platform, which is launching soon.” Galaxis, as a post-hype NFT utility platform, believes that this new technology will transcend the hype and bring real value to all industries beyond Web3. 

MAOCAT Successfully Raises Presale Funds, Bringing Back the Memecoin Hype

By Press Release • 09 May, 2024
The team working at MAOCAT has recently acknowledged the great success of the project's presale fundraising round. With this operation, they have managed to raise a significant amount and attract the attention of investors and meme fans. The project's diverse ecosystem, featuring staking, farming, launchpad, and NFT marketplace functionalities, is proving appealing. With many memecoins failing to gain traction in the presale stage , MAOCAT is already standing out in this sector. A Rare Successful Presale Story Crypto enthusiasts know that presales are a crucial phase for any project, where success is elusive. While many projects have not even managed to survive the presale phase, MAOCAT has already managed to raise over $300,000. This means that the team has already allocated more than half of the available tokens for the presale. The presale token quantity stands at 3,000,000,000 tokens, while the total supply is 5,000,000,000 MAOCAT tokens. This means the team reserved 60% of the total supply (3,000,000,000 tokens) for the presale allocation. The remaining 40% will help fund future initiatives and ecosystem development for MAOCAT.  The presale will follow a gradual increase in token price, from $0.0015 per token in Phase 1 to $0.003 per token in later phases, with a selling quantity of 300,000,000 tokens per phase. The project also has a clear taxation structure: Marketing Tax: 3% Liquidity Pool (LP) Tax: 3% Development Tax: 2% Buy and Sell Taxes: 0% This taxation structure aims to ensure the project's long-term sustainability and growth. MAOCAT has already shown itself as a rare success story in presales, as its numbers are showing. Building a Diversified Ecosystem with MAOCAT The project's ecosystem relies on various innovative features to provide a diverse and profitable experience. MAO CAT offers NFT minting, farming, launchpad, and a marketplace for trading and collecting. These features allow users to participate in the fast-growing NFT market and earn from their investments. Additionally, the project's fixed staking feature provides stability and rewards for holders of $MAO. Future updates will also include the ability to launch tokens through the IDO process and acquire MAO CAT NFTs. With a diverse ecosystem, MAOCAT aims to capture various market segments and continue growing in popularity and value. The rarity tiers of the 10,000 MAO CAT NFT collection offer unique benefits for holders. Moreover, the project plans to fairly mint and reveal these NFTs through different methods. With MAOCAT, users can benefit from owning rare and legendary NFTs while supporting the growth of the underlying project. About MAOCAT Derived from the Chinese word "máo," MAOCAT is an Ethereum-based memecoin that has gained popularity worldwide. Thanks to its unique features and capabilities, MAOCAT aims to create a robust blockchain ecosystem with a strong community. This team's idea is to enter a market where dog-themed memecoins are prevailing and bring something fresh to the table. An early adopter of the project can easily participate in the presale on the Ethereum chain. In order to do so, one only needs to connect a wallet to the presale purchase window and send ETH. With over $300,000 already raised in the presale round, MAOCAT has shown how serious it is about its vision. The project's official website and whitepaper represent an easy-to-read, simple suite of information for any crypto enthusiasts. Furthermore, MAOCAT's social pages constantly update the community on new developments and milestones. X (Twitter) | Telegram | Instagram | YouTube
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