Topic: What exchanges still accept credit card option? (Read 189 times)
I know BTCC exchange still accepts credit card as payment method for crypto
I think a lot of exchange like Binance, Trust wallet, Bitget wallet, coinbase and a lot more are still accepting credit card in purchasing crypto but the problem is the country in which you are operating from.
Some countries don't accept crypto and they went as far as blocking their financial institutions from participating in any crypto related transactions.
So I think the problem is your country not the crypto exchange platform.
Some countries don't accept crypto and they went as far as blocking their financial institutions from participating in any crypto related transactions.
So I think the problem is your country not the crypto exchange platform.
I think since 2018 it’s been difficult using a credit card to actually buy crypto. There are 2 reasons for this.
First is that a credit card is very easy to reverse. So it’s a risk for the exchange because they sell you the coins and you withdraw and then they reverse the transaction.
Second is that even if the exchange allows it, most likely your credit card provider will reject the transaction because it’s coming from a bitcoin exchange. This has been around since 2018 or so.
Try and fund with a bank transfer if you can instead.
First is that a credit card is very easy to reverse. So it’s a risk for the exchange because they sell you the coins and you withdraw and then they reverse the transaction.
Second is that even if the exchange allows it, most likely your credit card provider will reject the transaction because it’s coming from a bitcoin exchange. This has been around since 2018 or so.
Try and fund with a bank transfer if you can instead.
It depends on your country, but if there is no exchange that accepts payments via credit card, you need to withdraw money to your bank account and use P2P or look for the possibility of integrating the card with PayPal or any other service and then sell it for Bitcoin.
The ease of transfers varies depending on the country, so you will not find a single answer without mentioning your country.
The ease of transfers varies depending on the country, so you will not find a single answer without mentioning your country.
Regulations of crypto has been tough in recent months leaving crypto enthusiasts with P2P transaction on most exchanges. Though it's a good and viable option but it's kinda more expensive and not easily friendly especially for newbies like using the normal credit card option. Are there any exchanges still accepting this payment option?
Yeah, you're right, the regulatory around crypto has definitely gotten bumpier lately. That's pushed exchanges towards favoring P2P transactions, which can be a good alternative, but I get your concerns. It can be more expensive and less user-friendly than simply swiping your credit card, especially if you're new to the whole crypto thing.
As for exchanges still accepting credit cards... there are a few options out there. You can use Binance, Bitget, Kucoin and more. Although I used Bitget to buy crypto recently with their zero fees since it was convenient for me.
Anyway, I don't know where you from, because that's what it depends when you try to buy crypto using your credit card. But you can try those exchanges I mentioned. Let me know if you have solved your problem. So the forum users will find this helpful.
They've got zero fees on all credit cards transactions? I might have to check it out. Thankie.
Regulations of crypto has been tough in recent months leaving crypto enthusiasts with P2P transaction on most exchanges. Though it's a good and viable option but it's kinda more expensive and not easily friendly especially for newbies like using the normal credit card option. Are there any exchanges still accepting this payment option?
Yeah, you're right, the regulatory around crypto has definitely gotten bumpier lately. That's pushed exchanges towards favoring P2P transactions, which can be a good alternative, but I get your concerns. It can be more expensive and less user-friendly than simply swiping your credit card, especially if you're new to the whole crypto thing.
As for exchanges still accepting credit cards... there are a few options out there. You can use Binance, Bitget, Kucoin and more. Although I used Bitget to buy crypto recently with their zero fees since it was convenient for me.
Anyway, I don't know where you from, because that's what it depends when you try to buy crypto using your credit card. But you can try those exchanges I mentioned. Let me know if you have solved your problem. So the forum users will find this helpful.
-snip- Are there any exchanges still accepting this payment option?
There are many options you can use for payment if you come from a European country.There are a number of exchanges that you can use to overcome the problems you are experiencing, such as Binance and KuCoin.
I think the process in a country is different when it comes to purchasing or depositing.
Because Binance is already popular, maybe using Binance the problem you are experiencing will be resolved.
Regulations of crypto has been tough in recent months leaving crypto enthusiasts with P2P transaction on most exchanges. Though it's a good and viable option but it's kinda more expensive and not easily friendly especially for newbies like using the normal credit card option. Are there any exchanges still accepting this payment option?
I haven’t tried to buy coins using credit cards, but yes we can use Debit Cards to buy the coin. I think this deposit option varies from country to country. I am not sure if it’s available in your country or not. Few months back, I tried buying coins from my card at Binance, and I was able to do it. Alternatively OP, I think P2P exchanges like Paxful, have the option to buy Bitcoins from credit card, not sure about Binance P2P. Please check the above two exchanges that I have mentioned.
Regulations of crypto has been tough in recent months leaving crypto enthusiasts with P2P transaction on most exchanges. Though it's a good and viable option but it's kinda more expensive and not easily friendly especially for newbies like using the normal credit card option. Are there any exchanges still accepting this payment option?
Seems, like you are from a country with restrictions on the crypto industry. It would not be wise to use the card payment on the crypto platforms. Anyway Binance and some top tier exchanges doa accept the card payments even some decentralized wallet provide the card payment service. Can you mention please where are you from.
I've never even known credit cards for crypto.
make withdrawals or deposits using only P2P, and it is faster and now deposits can also use E-Wallet or Debit Card.
Read some of the latest information that still accepts credit cards/Visa/Mastercard are popular exchanges,
but some other exchanges also accept credit cards, depending on the policies or regulations of each country.
Source: https://www.bitdegree.org/crypto/best-crypto-credit-card
make withdrawals or deposits using only P2P, and it is faster and now deposits can also use E-Wallet or Debit Card.
Read some of the latest information that still accepts credit cards/Visa/Mastercard are popular exchanges,
but some other exchanges also accept credit cards, depending on the policies or regulations of each country.
Source: https://www.bitdegree.org/crypto/best-crypto-credit-card
You have to search for "crypto brokers" to find that option (so there's no account wallet you just have to buy and provide your wallet address. So CRO and eToro are such examples.
Or, you go for even Futures trading (deposit credit card $, buy BTC futures).
Or, you go for even Futures trading (deposit credit card $, buy BTC futures).
[...]Are there any exchanges still accepting this payment option?
I think it depends on where you are from and which regulations apply to you on the respective exchanges. Depending on this, credit card deposits may or may not be permitted. Here in the EU, I don't have a problem with credit card payments at any of the larger exchanges (Kraken, Bitpanda, ...), they are allowed everywhere. Which exchanges have you looked at? Have you possibly only used smaller exchanges and not one of the top dogs? In the case of smaller exchanges, I could well imagine that they don't accept credit cards, not so much because of the lack of regulations but because of the rather high fees.
No serious exchange will deny you of the debit/credit cards crypto service, at least I have not met a single one and I don't know the reason why they will do that to make it outrightly unavailable on their platform. However, your country of origin or the country of residence on the credit card might matter. Some exchanges might be forced to decline debit/credit transactions from some particular countries and you cannot blame them for that. They also are saving their heads due to regulations here and there.
But many of them will still allow it to go through, especially if they are not having any physical presence in that country, and the example is the global branch of most of them. This allows them to do and undo as they please and expect the customer to do the needful as it is required of them by their country's law. It is until you try it on the exchanges that you can actually conclude their stand on this. You might want to start with the major ones like Binance, Bybit and others to check it out. However, if you can pass their KYC, I don't think credit/debit card transactions should be an issue.
But many of them will still allow it to go through, especially if they are not having any physical presence in that country, and the example is the global branch of most of them. This allows them to do and undo as they please and expect the customer to do the needful as it is required of them by their country's law. It is until you try it on the exchanges that you can actually conclude their stand on this. You might want to start with the major ones like Binance, Bybit and others to check it out. However, if you can pass their KYC, I don't think credit/debit card transactions should be an issue.
Are you from around Europe by any chance? I've read some of your posts and it seems like you're around Europe where exchanges give you many options to pay for crypto, IIRC. What difficulties are you facing that make you unable to use your card? Maybe your bank is blocking it? I even see some web3 wallets add Moonpay support so you can just use a card to buy some altcoins with the obvious downside of a ridiculous processing fee.
Regulations of crypto has been tough in recent months leaving crypto enthusiasts with P2P transaction on most exchanges. Though it's a good and viable option but it's kinda more expensive and not easily friendly especially for newbies like using the normal credit card option. Are there any exchanges still accepting this payment option?
There are some like Binance.--> https://www.binance.com/en/blog/fiat/can-you-buy-cryptocurrency-with-a-credit-card-421499824684903691
Before doing a transaction, you need to read their terms so that you won't be surprise if there will be hidden fees or what. And check it out through their websites on which exchange you are interested to do the purchase.
Check also your local laws because that could give you some problem with your local bank that don't like integration or transactions made through exchanges.
There are! you could use these websites to find such exchanges op. They have filters such as country, payment method (including credit cards), etc. to narrow down the list!
1. https://buybitcoinworldwide.com/
2. https://cryptoradar.com/buy-bitcoin
Quick disclaimer, you are not advised to blindly trust any platforms listed on these websites. In terms of reputation, I suggest checking out other communities such as bitcointalk as a part of cross-checking.
1. https://buybitcoinworldwide.com/
2. https://cryptoradar.com/buy-bitcoin
Quick disclaimer, you are not advised to blindly trust any platforms listed on these websites. In terms of reputation, I suggest checking out other communities such as bitcointalk as a part of cross-checking.
Well... CC?, of course, but you understand the meaning of the double guillotine in fee payments, the majority apply those fees, to that add that you are buying a volatile asset.
The exchanges and Casinos are happy if you buy with CC, so, if you do not want to do P2P that you make a transfer, that is rarer but some exchanges even accept SEPA, Swift or local, but these are rare, I repeat, but the expenses for fee + the interest charge for CC use, it is the best option between the worst both ways of buying bitcoin.
Don't forget to check the laws of your country, although there are exchanges that may allow you to purchase bitcoin, you may venture into illegal territory in your country.
The exchanges and Casinos are happy if you buy with CC, so, if you do not want to do P2P that you make a transfer, that is rarer but some exchanges even accept SEPA, Swift or local, but these are rare, I repeat, but the expenses for fee + the interest charge for CC use, it is the best option between the worst both ways of buying bitcoin.
Don't forget to check the laws of your country, although there are exchanges that may allow you to purchase bitcoin, you may venture into illegal territory in your country.
Regulations of crypto has been tough in recent months leaving crypto enthusiasts with P2P transaction on most exchanges. Though it's a good and viable option but it's kinda more expensive and not easily friendly especially for newbies like using the normal credit card option. Are there any exchanges still accepting this payment option?
If you're in the United Kingdom, Australia or Canada you can opt to use Bitget exchange. They enable such transactions for investors in those countries.
Is there really such a big difference between prices on P2P exchanges and transferring money to the exchange?
P2P can be better in countries that have black market rate. P2P will be higher in price because black market price will be higher than the official price. But the disadvantage of P2P are to those that can not avoid P2P scam. Also to those that fall for inaccurate and non favorable rate. Also that P2P can be slow that credit cards. 
Regulations of crypto has been tough in recent months leaving crypto enthusiasts with P2P transaction on most exchanges. Though it's a good and viable option but it's kinda more expensive and not easily friendly especially for newbies like using the normal credit card option. Are there any exchanges still accepting this payment option?
Is there really such a big difference between prices on P2P exchanges and transferring money to the exchange?In my country, banks can block an account if they see such a transfer, and P2P transfers are not clear to banks. Banks can only guess about their reason.
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