Buy Bitcoin with Prepaid Cards Fast & Easy. Here’s How to Do It.

Whether you’re looking for a simple way to manage Bitcoin purchases or keep your financial information secure, prepaid cards provide a flexible and reliable option. A decent number of cryptocurrency exchanges accept prepaid cards from VISA and Mastercard, making them a convenient option. As we’ve figured out, CEX.IO and BitPay are amongst the platforms where you can buy crypto with a prepaid VISA or Mastercard. Through the “Buy Crypto” link, users can access a variety of payment methods offered by the site, including bank transfers and several third-party services.

  • You may find investigating more intricate trading techniques advantageous while working with OKX.
  • CEX.IO was one of the first cryptocurrency exchanges that enabled the simplified purchase of digital assets with payment cards.
  • You have the option of buying from the BitPay Wallet app or online through the BitPay buying widget.
  • It can be either a popular coin like Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), or any other of 200+ crypto supported on CEX.IO.
  • For instance, a bank transfer may only cost 1% instead of the 5% charged by some platforms.
  • Not all prepaid cards permit purchases of crypto, so ensure that your card supports this feature.

Futures, margin, and spot are among the trading options that the platform supports. You may find investigating more intricate trading techniques advantageous while working with OKX. Since BloFin focuses mostly How to buy bitcoin with prepaid card on crypto-to-crypto transactions, those seeking extensive fiat support may find it less appealing. Plus, Margex provides a free converter that lets customers swap different cryptocurrencies without paying extra costs. It’s necessary to remember that Margex is situated in the Seychelles and runs unregulated; it could worry some users.

Once you decide upon a Bitcoin exchange, you must create an account. The account will allow you to deposit funds through your prepaid card, which you can use to purchase the amount of Bitcoin you want. Cryptocurrency is a modern digital asset and method of exchange that relies on blockchain technology and is protected by cryptography, ensuring the assets can’t be forged. Essentially, cryptocurrencies serve as alternatives to traditional currencies like the euro, dollar, yen, and others. Unlike electronic bank money, the key distinction is that cryptocurrency operates in a decentralized system, with no central authority controlling it. As you’ve discovered, the process for how to buy Bitcoin with a prepaid card is rather straightforward.

Popular markets

CEX.IO is one of the oldest crypto exchanges, having carved a mark in the crypto world since 2013. It has even received a 4.5 out of 5 stars from BitDegree’s real-time audit and external user reviews. In addition, CEX.IO has secured a license to fully operate as a Money Service Business in jurisdictions as assertive as the US. Just search Bitcoin, put in the amount of Bitcoin you want to buy, and hit buy.

Established in London, UK, this exchange has been in operation since 2013. It deals with several other cryptocurrencies, including Bitcoin. CEX.io supports several forms of payment, including prepaid cards. Getting started buying Bitcoin with a prepaid debit card (or any other crypto) is easy, and takes just a few minutes. You have the option of buying from the BitPay Wallet app or online through the BitPay buying widget.

Can I pay with cryptocurrency for Bitcoin (BTC)?

  • Protecting the wallet from unauthorized access is our top priority.
  • They need to link the prepaid card account with their exchange to transfer funds.
  • Finally, once you have connected your wallet, pay with a prepaid debit card.

Most exchanges will let users buy a fraction of the current value of bitcoin. As seen in our WhiteBIT review, you can manage your funds directly from the WhiteBIT app and enjoy full control and security. As a bonus, earn up to 10% cashback in selected categories, turning your everyday purchases into even greater rewards. The crypto card with cashback WhiteBIT Nova is your gateway to smooth crypto payments. It allows you to spend your crypto effortlessly by converting it to fiat instantly wherever Mastercard is accepted. Suez is a freelance writer focused on cryptocurrency and its impact on global finance.

Can you buy Bitcoin with a prepaid card securely and transparently? After confirmation, your Bitcoin will appear in your wallet on the exchange. You can either leave it there or transfer it to an external wallet, like Ledger Flex or Trezor Safe 5, for added security. Typically, the platform will ask you to link your prepaid VISA or Mastercard to buy Bitcoin.

Step 4: Choose Debit Card as your payment method

For the purposes of this guide, we’ll be buying $100 worth of Bitcoin with the US dollar. The next step is selecting the amount of Bitcoin you intend to buy. So, in BitPay’s case, you must enter the USD you aim to sell for Bitcoin. However, you can check a crypto converter for the BTC to USD ratio. While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

The best wallet app to buy and spend crypto

Add your prepaid card to Google Pay and connect the pay account to your Best Wallet app. When using Best Wallet, be aware that, unlike custodial exchanges or apps, you are solely responsible for the security of your keys. This one is tops when it comes to cryptocurrency wallets with built-in exchanges. Best Wallet is an easy-to-use cryptocurrency wallet with powerful security features, and it is built with mobile users in mind.

To make fiat deposits and buy cryptocurrency with credit & debit card instantly, link a payment card to your account. Open the Wallet page or CEX.IO App, navigate to Account manager/Payment methods, and provide your card details. So, choose from the crypto exchanges that accept prepaid cards first. To make your steps as straightforward as possible, we will use the BitPay app, but you can also use the BitPay exchange on a desktop device by accessing bitpay.com. The first essential step is choosing the proper crypto exchange to purchase Bitcoin with a prepaid card. Most crypto exchanges and platforms, especially Bitcoin exchanges, support prepaid cards for purchasing crypto.

Crypto.com supports over 288 cryptocurrencies and is an excellent mobile crypto exchange app. The platform is one of the best crypto apps for buying Bitcoin and other digital assets while on the move. There are a variety of payment methods including debit cards, credit cards, and prepaid cards. For those looking to buy Bitcoin with a prepaid card, Crypto.com provides a seamless, user-friendly interface. There are several cryptocurrency exchanges that support using a prepaid card to buy Bitcoin safely in a few simple steps. Paxful is an example of a trading platform that lets users use prepaid cards to buy Bitcoin.

Few Platforms

Paxful supports the purchase of Bitcoin with a prepaid debit card. Start by registering an account, which automatically comes with a Bitcoin wallet at no cost. Choose a prepaid debit card as the payment option and browse the available offers from other vendors. Users need to verify their identity before completing a purchase successfully. However, these exchanges are usually compatible with credit or debit cards. Take a quick overview of the table below for their compatibility and other aspects.

As a result, this article will discuss how to buy Bitcoin with a prepaid card with a few clicks. Use the BitPay widget to see all of the cryptocurrencies available for purchase. Select from the top cryptocurrencies including Bitcoin, Ether, Litecoin, Polygon and tons more.

A crucial step in buying Bitcoin with a prepaid card is finding a crypto exchange or payment provider that accepts this method. Platforms like CEX.IO and BitPay are examples where you can do so securely and easily. He started Hedge With Crypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.

Support

Today, Coinbase operates as a publicly traded crypto exchange in more than 100 countries. Coinbase’s standout feature is its user-friendly interface that provides a seamless trading experience for beginners and experienced traders alike. Because of being an easy-to-use platform and its support for a wide range of assets, Coinbase is now the go-to platform for many beginner crypto buyers. Best performed market research during the first stage, deployed mobile login, and integrated biometric security measures. Token exchanges are made possible by the best decentralised exchange (Best DEX).

With just one app, you can buy and sell many tokens, like Ethereum and Bitcoin, and use your existing wallets for all your transactions. The range of presented services allows you to get the most out of the crypto economy. Buying cryptocurrencies is possible via the Instant Buy service and trading orders. The crypto you bought can be then used in our Earn product, which consists of a crypto staking program and a savings account. And a sum loaded into the gift card should be all spent with one payment. Select the fiat currency you want to use and pick the cryptocurrency you want to purchase.

Please remember that not all regions have specific support for prepaid cards, so confirm if this option is available where you live. With a gift card, you can make payments in different retail stores, restaurants, gas stations, etc. They are usually issued by a company where you can spend money from this card. It’s convenient if you don’t have cash with you or don’t want to use your credit card. Also, you can use this card as a present for your friends and relatives. To start buying and selling cryptocurrencies on CEX.IO, you need to register an account first.