How to Buy Bitcoin With Credit Card Instantly 2022

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Do you know how to buy Bitcoin with a credit card? Most avid crypto investors are looking to add BTC to their crypto portfolios right now.

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

How to Buy Bitcoin With a Credit Card – Quick Steps

  • Open an account with eToro – Go to the eToro website and click on the “Register Now” button to register using your email or social media accounts.
  • Verify account – Upload a copy of your government-issued ID card and proof of residency.
  • Deposit – Deposits as low as $10 are accepted at eToro. You can use a credit card, debit card or any other payment method to make a deposit.
  • Buy bitcoin – Buy the required BTC you desire.

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

Where to buy bitcoin with credit card

Looking for how to buy bitcoin with credit card? Here is a comprehensive review of the best brokers and exchanges that allow you to buy Bitcoin with a credit card.

  1. eToro – Best Overall Platform to Buy Bitcoin by Credit Card
  2. Binance – Best Crypto Exchange with High Liquidity to Buy BTC with Credit Card
  3. Coinbase – Best Beginner-Friendly Platform for Buying Bitcoin with Credit Card

1. eToro – Best Overall Platform to Buy Bitcoin with Credit Card

eToro is considered the best Bitcoin investment and trading broker. the Bitcoin exchange platform has 20 million outstanding users worldwide and a wide range of financial services.

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

CopyTrader is a unique feature available on eToro that allows clients to watch and duplicate the trading tactics of more experienced traders and make more profit.

eToro allows investors to buy Bitcoin with a credit card, PayPal, Skrill, Neteller and other bank transfers. For trading, transfers and conversions of digital assets, the social trader supports over 40 cryptocurrencies. The platform boasts of the lowest minimums in the market. Investors from the US or UK can start trading with as little as $10. Moreover, eToro offers the best crypto wallet with top-notch security.

eToro is the best place to go if you want to buy bitcoins with USD. Although deposits are free, eToro investors must pay a $5 fee to initiate withdrawals.

Advantages:

  • Commercial Copy Tool
  • Extensive payment options
  • Highly regulated

The inconvenients:

  • Transactions are in US dollars

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

2. Binance – Best platform with high liquidity to buy BTC with credit card

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Binance is one of the most popular crypto exchanges in the world. It surpasses all other exchanges in terms of trading volume, handling billions of dollars in daily trades. So if you are looking for a platform to buy Bitcoin with a credit card, this exchange has you covered.

There are many advantages to using Binance. Binance, as one of the largest Bitcoin exchanges, is extremely liquid. This implies that you will be able to trade Bitcoins 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
  • Extensive inventory of digital assets

The inconvenients:

  • Not regulated in many countries

>>> Buy Bitcoins on Binance

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

3. Coinbase – Best Beginner-Friendly Bitcoin Exchange

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Coinbase is commonly recognized as the most liquid cryptocurrency exchange globally, with a large volume of crypto pairings.

The platform may apply fees when customers buy, sell, or convert bitcoin, but the fees are low. Additionally, Coinbase’s minimum deposit is set at $2. The trading fee is 0.5%; however, there are no fees for initial deposits or withdrawals.

Coinbase offers a variety of payment options, including credit cards, bank transfers, and other options. Because it includes a mobile app and a standalone wallet, the platform is one of the best alternatives to eToro. The interface is simple and intuitive, making it easy for investors to purchase bitcoins by credit card.

Coinbase also offers educational materials and activities to help customers better understand the crypto financial market, how crypto works, and how to profit from crypto investments.

Advantages:

  • Suitable for beginners
  • Low minimum deposit
  • Intuitive interface

The inconvenients:

>>> Buy Bitcoin on Coinbase

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

How to 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 registration option on the eToro website. Enter your address and unique password or register with your Google or Facebook account.

2. Verify Identity

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You must follow the know your customer (KYC) procedure to be fully integrated into the platform. All you need is a copy of your driver’s license or a valid passport. You will also need to show proof of residency, such as a recent utility bill or bank statement.

3. Deposit

Simply tap on 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 digital asset you wish to purchase.

4. Search Bitcoin

In the search field, type ‘BTC’ and click on the first result that appears.

5. Buy bitcoins

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>>> Buy BTC on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

Click the “Trade” button to open the buy page to invest in Solana. Type the amount of Bitcoin you want to buy and click “Open Trade” to buy Bitcoins with a credit card.

Why buy Bitcoin with a credit card?

There are many advantages for investors who buy Bitcoin by credit card. These benefits include:

1. Fast deposits and withdrawals

On many exchanges where you can buy Bitcoin instantly with a credit card, transactions are usually quick and smooth. This is mainly because paying with a credit card eliminates the lengthy verification step required by other payment methods like bank transfers.

Additionally, most platforms such as eToro do not charge any fees for deposits made with credit cards.

2. High security

Credit cards offer better protection against fraud and some independence from your bank account, which adds an extra level of security. Indeed, the fees are not debited directly from your bank account; instead, your credit card issuer will see it as a charge on your account to be settled when you pay off your credit.

3. Easy to use

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

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.

How to buy Bitcoin with a credit card without verification

Investors can buy Bitcoin with a credit card without verification on some platforms that allow users to buy Bitcoin without verifying their identity. These platforms range from third-party bitcoin wallets to unregulated bitcoin exchanges.

However, some of these platforms may be dangerous and may not access your credit card details. We recommend using trusted and regulated exchanges like eToro, Coinbase, and Binance to buy Bitcoin with a credit card.

Conclusion

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 a 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 master of social trading, eToro.

eToro is a trading and investment broker that allows investors to buy Bitcoin by credit card. Excellent customer service, wide investment options, a transparent fee structure and a highly regulated platform are some of the popular features of eToro.

>>> Buy Bitcoins on eToro

Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU. Your capital is in danger. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

Disclaimer: Content Produced by CryptoPR

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