How do I buy credit cards

How to buy Bitcoin with a credit or debit card

Can i buy less than one bitcoin?

Yes, it is possible to buy less than one bitcoin.

Each Bitcoin is divisible up to the 8th decimal place, i.e. each Bitcoin can be divided into 100,000,000 pieces. Each unit of bitcoin, or 0.00000001 bitcoin, is called a satoshi.

When you buy bitcoin, you don't have to buy a whole bitcoin and you can easily buy less than one bitcoin.

Most bitcoin exchanges allow you to specify the amount of fiat currency you want to spend and sell the corresponding amount of bitcoin in exchange. For example, if a bitcoin is worth $ 250 and you want to buy $ 125 worth of bitcoin, you will get 0.50 bitcoin - provided there are no fees.

Conversely, most bitcoin brokers also let you specify the amount of bitcoin you want and calculate the equivalent in fiat. For example, if you want to buy 0.25 bitcoin and 1 bitcoin costs $ 300, you will be credited with $ 75.

So it is 100% possible to buy less than one bitcoin. At companies like Coinbase, you can buy bitcoins for as little as $ 1.

Should I leave my Bitcoins on the exchange after buying them?

We strongly recommend keeping bitcoins that you want to keep safe in their own wallet. Many Bitcoin exchanges have been hacked and have lost customer funds. If you don't want to fall victim to these hacks, the easiest way is to keep your coins in a wallet that you manage.

Can i sell bitcoins?

Of the exchanges we have listed, CEX.io is the only one where you can sell bitcoins using your credit card.

Will the fees for buying bitcoins with a debit or credit card ever get lower?

Probably not. Payment processors like Visa, Mastercard and American Express charge a minimum of 2.9% per transaction. Therefore, any exchange that sells bitcoins for credit card payments will always pass this fee on to you, plus a slightly higher fee in order to make a profit. The fees could get lower if an exchange deals with a credit card processing company for lower fees.

Can I buy other cryptocurrencies using this method?

Depends on the stock market. For example, with Coinbase you can buy Litecoins and Ethereum with a credit card. Coinmama, on the other hand, supports Bitcoin, Litecoin, Ethereum and Cardano.

If you want to buy lesser-known cryptocurrencies, you can always buy bitcoins using the methods mentioned above and exchange them for altcoins on another exchange such as Binance, Changelly, Kraken or Poloniex.

Why do I have to buy bitcoins with a credit card to buy other cryptocurrencies?

This is because most of the other cryptocurrencies are traded for Bitcoin. The liquidity for altcoins against the US dollar is often very low. On the other hand, the liquidity against BTC is usually very good. So it's easy to get other currencies when you have bitcoins, but not easy to get other currencies without first having BTC.

Can you buy Bitcoin with a credit card at Walmart?

While many people want to do this, it is not possible to buy Bitcoin at Walmart using a credit card, debit card, or any other form of payment.

Have the banks banned the purchase of cryptocurrency with credit cards?

In the US, some banks block users from buying cryptocurrency on credit cards. Debit cards seem to continue to work. European users still seem able to buy cryptocurrency with a credit card. US banks essentially felt like they were being treated like people were getting a cash advance, since crypto is instant and basically like cash.

Why are some exchanges missing from the list?

We don't want to overwhelm people, so we've handpicked what we think are the best exchanges available. You can use the homepage tool to narrow down other exchanges.