Whether you want to make a cryptocurrency exchange or Bitcoin purchases, having the funds available in your wallet is indispensable. But to add the value, there are several methods you can take. 

One of the most asked questions in the crypto world is if wallets accept credit cards when trying to buy crypto. Whether for a more practical or any other reason, credit and debit cards are still one of the most used payment methods worldwide.

It is a reality, and credit card companies are slowly adapting to support crypto purchases. However, there are also several limitations the user should be aware of before trying to use the payment method on their crypto account.

If you want to know everything you need to buy crypto with a credit card, this article is for you. We will show every detail about how to make a cryptocurrency purchase using a card and what you need to know before authorizing the credit card payment of your crypto funds.

Make sure to follow all the steps carefully to ensure a safe and secure operation when making your credit card purchase. Here is everything you need to know:

Before making credit card purchases, it is essential to understand that not every platform allows this payment method for buying crypto. Even some of the biggest digital wallets in the world don’t support this action for numerous reasons.

Here are some of the biggest platforms that allow you to purchase Bitcoin and other currencies using a credit card number:

Crypto Vouchers at RoyalCDKeys

There are several ways you can add funds to your crypto wallet using a credit card. Among all the options, using a crypto voucher is the safest and most practical one.

Crypto Voucher works exactly like a Steam gift card. It is a code that, once redeemed, adds the specified funds directly to your wallet with no taxes or fees.

If you’re looking for a place to buy your crypto voucher, RoyalCDKeys is the best option for your card. It has everything you need in one place and dismisses all the main problems the operation would have in other marketplaces.

We offer a variety of payment methods, including credit cards, to ensure you find the best one for you. Since our services go far beyond just vouchers, your purchase won’t be specified as crypto, so you don’t need to worry about whether your bank authorizes it or not.

Moreover, we offer a variety of values you can add to your wallet, ensuring you find an option that perfectly fits your budget. This way, you can safely add funds without worrying about extra fees or bank inconveniences.

Redeeming it is very simple. After purchasing your voucher, you’ll receive a code. You just need to enter cryptovoucher.io and insert the code. The funds will be automatically transferred to the specified wallet.

Binance

Binance is the world’s biggest marketplace for buying, selling, and exchanging crypto. It supports over a hundred currencies and has more than a million active users constantly visiting the platform.

With a high volume of users, it is natural that they will offer various payment options for the services and products provided. This variety includes credit cards that can be used for small or big crypto purchases. 

Be aware that every purchase using this method will result in an additional fee based on the total value. It is the traditional percentage you’d pay in any transaction, but depending on the crypto purchase, you’ll also have extra fees.

Crypto.com

Another big platform that allows you to pay for coins with a credit card is Crypto.com. It is one of the most popular marketplaces and crypto wallets worldwide, supporting hundreds of currencies.

The interface is also simpler than Binance, allowing users to find what they’re looking for easily. Crypto.com is also a reference regarding website and wallet security, offering numerous options to keep users and their data safe.

If you’re a beginner in the digital coins world and are looking for a platform to buy Bitcoin instantly with a credit card, this is one of the best options. It is simple to use, and your credit card details will be secure from hackers and criminals.

KuCoin

KuCoin is another excellent alternative for buying crypto using your checking account credit card. The only downside is that KuCoin only supports USD and EUR when doing transactions, so your credit card company needs to support purchases using these currencies.

KuCoin is a great option because it also offers a mobile app where investors can easily access their crypto exchange history and other relevant information regarding the trading platform. It also features the typical fee when you purchase crypto with a credit card, and all operations are processed instantly.

Even though it is not as famous as Binance, it also has great security features that protect your exchange account and keep your credit or debit card information safe. It is an excellent option for both purchasing cryptocurrency and doing exchanges.

Even though using a credit card for cryptocurrency purchases might look like an easy and practical process, there are several factors you need to consider. Here are the main details you should think about before choosing the best payment method for buying cryptocurrency:

Not Every Credit Card Issuer Allows It

Many websites specify this kind of purchase as crypto, so it might be a problem since some credit card issuers do not allow this kind of purchase. If you want to make your purchases without any problem, make sure to do some credit card research beforehand.

This way, you ensure the desired issuer supports crypto transactions and allows you to use it on multiple platforms. Otherwise, you will be restricted only to regular purchases and operations not highlighted as crypto.

Credit Card Fees

Almost every credit card purchase will have fees, and with crypto, it is no different. Pay attention to these numbers to ensure you understand how much you’ll have to pay for each operation.

One of the main details you must worry about is the country from which you’re buying your Bitcoins. Purchasing from another country or using a different currency will result in a foreign transaction fee, drastically affecting the final price.

This foreign exchange fee will depend on the value of the purchase and which currency you’re using. Along with that, there are also multiple other fees you might have when doing cryptocurrency exchanges. Make sure to check your bank account to see if your cards support international purchases before trying to add funds to your wallet.

Volatility

Now, it’s time to see the main advantages of using your credit card when trying to purchase cryptocurrency. Make sure to take a look at all items to see how they impact your crypto exchanges and other aspects of your financial earnings.

Notice that some of the items will depend on which credit card issuer you have and if they support the listed item. Here are the main benefits of using a credit card to buy Bitcoin and other cryptocurrencies:

Credit Card Rewards

Most credit card companies offer a rewards program for their customers; the more you spend with it, the more points you earn. These points can be used to get products and exclusive advantages.

The good thing is that your crypto purchase also counts for the rewards program, and spending on this kind of purchase also helps you accumulate points. Make sure to check if your credit card company offers such a program. You’ll buy your crypto coins and still earn from the advantages you’ll get, which is a great investment, especially with big purchases.

Bank Security

Another advantage of using a credit card is that your bank and its security protocols protect all purchases and transactions. This drastically reduces the chances of scams.

All transactions need to be approved by the card issuer, so if they notice anything suspicious, they just block the transaction. This is extremely important since it adds another layer of protection to your operations.

It’s Convenient 

One of the reasons why people like using credit cards for almost every purchase they make is because of how easy and convenient they are. With crypto, it is no different.

It is one of the most practical ways to instantly add funds to your wallet and start investing in coins or other digital assets, like NFTs.

You only insert your credit card information once, and it’s ready to use whenever you want. If you’re looking for the quickest way to buy crypto, this payment method is your main ally.

Using credit for crypto operations also has some disadvantages. It is essential to understand them to see if this is really the best payment method for you and your budget.

Here are some of these advantages and how they impact your investments:

Cash Advance Penalties

Cash advances are emergency withdrawals that surpass the limit of your credit card. They are a common practice, especially when making purchases that require a high investment.

The problem is that these withdrawals can result in a high cash advance fee that needs to be paid if you don’t want your credit score to get lower. This money is supposed to be used only in emergencies, but it is common to see investors using it for upcoming coins and digital assets they think have high potential profits.

Use it wisely. Otherwise, you might generate enormous debts with your cardholders.

Credit Limit

Another downside of using a credit card is that you’ll only have the limit given to you by the bank. A lower credit limit means you won’t be able to invest in high-budget investments or make purchases beyond the value you have available.

Plus, if you use the same credit card for your personal expenditures, this value can become an even bigger obstacle since you’ll have to balance the amount available for crypto and other expenses. If you want to use this payment method for buying Bitcoin, getting a separate card for these transactions is recommended.

Cryptos are a great way to invest, and being able to pay for the funds using credit cards is one of the fastest and easiest ways. Using this payment method has its downsides, but it is still one of the best ways and has numerous benefits, like the bank security and the rewards the cardholder can receive.

When using this payment method, make sure to choose a safe platform for your purchases and use your credit card limit wisely. Among all the options, buying crypto vouchers is the best one for quickly adding Bitcoins to your wallet. RoyalCDKeys offers numerous options from all price ranges.

Now that you know everything you need, it is time to grab your credit card and start adding Bitcoins to your wallet. Follow all the tips carefully, and you’ll surely succeed in the operation.