When you’re going to buy Bitcoin with a debit card prepaid credit card, or bank transfer, make sure your bank is crypto-friendly and will allow this kind of transaction. The truth is that many banks avoid or even ban all operations connected with digital assets due to a perceived threat to the traditional banking system. BitPay aggregates offers from multiple partners to ensure you get the best possible rate. Once you’ve chosen your preferred offer, you’ll be taken to one of our partner sites to enter your prepaid debit card details and complete the transaction.

Before you buy crypto with a prepaid card, remember that if you are using your debit card for convenience, the transaction might turn out to be expensive. Transferring a larger amount always requires a bank transfer as it costs no fees. Learn here how you can cash out a large amount of crypto for cheap. The platform also offers additional options, such as buying Bitcoin by linking your prepaid cards/debit cards/credit cards, as well as through bank wire transfers. Using a prepaid card is cheaper because of the lower charges compared to a bank wire transfer. CEX.IO is a great platform to buy Bitcoin with a prepaid card or 70+ cryptocurrencies available on the platform.

Step 2: Create an Account or Log in

The number of Bitcoin users who want to buy Bitcoins with their prepaid cards has increased. This has led to a surge in the number of Bitcoin-accepting services that support prepaid cards. Here are some of the platforms where you can buy Bitcoin with a prepaid card.

Paybis is a platform to buy and sell cryptocurrency but does not provide any investment advice. You should also do research before investing in any cryptocurrency and consider your own financial goals. Investing in Bitcoin is not a quick-rich scheme, but with the right strategy and plan, it can be a great way to make money. Coinmama is a digital financial service company operating in the cryptosphere ever since 2013 from Israel but is originally a venture of NBV International registered in Slovakia. It allows investors to buy popular coins such as ETH, BCH, ADA, LTC, etc., including BTC.

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The Wirex card is one of the few cards to offer cashback rewards of up to 8% cashback in cryptocurrency. There is free standard delivery with no fees for maintenance or reissue of the card. Wirex Visa offers free ATM withdrawals up to about $400 per month.

Paybis maintains complete transparency with customers to ensure it is the safest place to buy Bitcoin. And to your surprise and mine, many people want to buy BTCs with prepaid cards. Select the fiat currency you want to use and pick the cryptocurrency you want to purchase. For the purposes of this guide, we’ll be buying $100 worth of Bitcoin with the US dollar. Using prepaid cards to buy Bitcoin has its fair share of drawbacks as follows. In contrast, a hardware device is a physical equipment that helps to store your crypto offline.

How Do I Get a Bitcoin Debit Card?

In fact, it is better to spend the money that you could afford rather than borrowing and then spending on buying crypto. Finally, you’ll be presented with a confirmation window that displays your order’s details, including the fiat total, the among of transaction fees, and the exchange rate. Upon verifying the email address, users need to pass other verification checks. The exchange or platform will send a verification code to the phone number linked to the account.

• As mentioned previously, when you buy bitcoin with a prepaid card, you provide less customer information to the platform where you are trading.
• This information has been obtained and highlighted by the CSS Binance team.
• Apple Pay and Google Pay are the quickest ways to buy BTC with a credit or a debit card from your iOS or Android device.
• Through the BitPay app or website, you can buy more than +60 top cryptocurrencies and stablecoins with prepaid Mastercard or Visa prepaiddebit cards.
• Those who aim to create a BitPay account will be required to go through a facial scan and a document verification process to accept payments.

The robust relationships with banks and payment providers make it possible to enable multiple payment options for our customers. Everyone can find the method that suits their preferences and is available in their country of residence. Currently, CEX.IO doesn’t support gift cards for deposits and withdrawals, as they’re not connected to the banking system.

Choose one of our packages

A prepaid card may certainly not be the cheapest way to buy Bitcoin, however, the fast transaction speeds, simplicity, and convenience will appeal to Bitcoin aficionados. After successful verification, the account is now ready for its first deposit. Most platforms will offer multiple funding options for their accounts, including a bank transfer, Neteller, PayPal, Skrill, Credit/Debit card, and more.

Users can top up their crypto card using a fiat wallet, crypto wallet, or debit/credit card in the Crypto.com mobile app. Buying bitcoin with a prepaid card is convenient and easy as long as you get your coins instantly, unlike wire transfer method when you sometimes wait for days. Another good advantage is that even if you cannot resist the temptation to buy more bitcoin, you cannot spend more than your prepaid card holds. It’s not linked to any of your other bank accounts, so the card cannot withdraw money from there. And last but not least, it’s more secure, as you provide fewer details.

We are here to help you 24/7 with any challenges that you might face using our services. Verify your identity with our providers to buy crypto without any hurdles. This will help to make sure no one but you uses or changes your payment information. Box, and applicants need to provide a driver’s license and Social Security number. BlockFI Interest Accounts (BIAs) are no longer offered to new clients who are U.S. persons or persons located in the United States. Existing clients that are U.S. persons or located in the United States will be unable to transfer new assets to their BIAs.

Navigate to your wallet and check the balance of your Bitcoin on the wallet. Enter your email, full name, and telephone number and create a password. Completing the CAPTCHA proves to us that you’re a human and gives you How to buy bitcoin with prepaid card access to our platform. The BitPay Wallet is non-custodial, meaning you’ll never have to entrust any third party with your crypto keys. Download the BitPay app from your preferred app store, or scan the QR code below.

You’ll need to confirm it with a special code or link sent during the registration. After you create an account, we’ll notify you about your transactions and important actions on your profile (like confirming the password change) via email. With the rising popularity of virtual money, it’s now possible to spend Bitcoin to buy pretty much anything you want, including both products and services. However, make sure to check out the limits if you’re planning a major purchase. You can use it on our platform, Changelly, to get other digital assets like Bitcoin Cash at the best exchange rate available on the market.