At the start of cryptocurrency operations, cryptocurrency transaction processes seemed tedious and consequently unencouraging. This was because most of the transaction routes only made use of the options that were grossly inconvenient and sometimes were not as secure and reliable as would be expected for an ideal transaction.

This could have caused some potential investors at the time to loss out of what would have turned out to be a very lucrative investment. This is because they could not go through the processes of sending money to some unknown persons for which they had to wait for the seller to send the required coins (which does not always happen because of the activities of fraudsters), or because of the high service charge rates of some exchange sites, and also a need to carry out fast instant transactions, amongst other reasons.

These were some of the important factors that necessitated the need to provide an option that is more secure, as well as that which guarantees instant transactions. Buying and selling of cryptocurrencies using credit and debit cards largely solves many of these lapses especially the one of instantaneous transactions. If you want to adopt the credit and debit card means of trading cryptocurrencies, then you should consider this list of platforms that have incorporated the feature into their services.

  1. 1 Coinbase

    Coinbase is an exchange platform that started operation in San Francisco in the year 2012. It deals with bitcoin and other cryptocurrency transactions such as those involving ethereum and litecoin. It is currently the site with the largest number of users, and their services can be of use to persons in Canada, the US, United Kingdom, Australia, and Singapore. The exchange allows users make payments for instant bitcoin purchases by directly using a debit or credit card. 

    To start using coinbase for the purchase of the supported cryptocurrencies, you need to firstly create an account on the exchange using your details; remember to use only your own correct personal details and not another. As a security measure for verifying your account, the exchange requires you to pass through some KYC procedures where you’ll be asked to provide valid means of identification, which is usually expected to be a form of government licensed identification such as a national passport, or a driving license. 

    After the KYC is done, you should then proceed to add your preferred payment options. For this, you can indicate that you’ll use debit and a credit card; other available options includes the bank transfer. After all of these is done, you should be able to start funding your crypto wallets using one of the most convenient platforms yet available for bitcoin and altcoin transactions. The coinbase platform is quite reliable and has facilitated transactions of over two billion USD in cryptocurrency trading amongst an estimate over 11 million users.

  2. 2 Changelly

    Changelly is an exchange platform with its administrative headquarters in Czech Republic. It started its independent exchange operations in 2014. On the Changelly platform, users are allowed to trade different cryptocurrency for each other. Thus you could convert bitcoin for ethereum, or ethereum for bitcoin and so on. 

    There is a wide range of cryptocurrency choices available for investors and users, and this could have accounted for the relevance the platform has had over the years it has served. In addition to this, there is an option for those who would like to buy the cryptocurrency using cash directly from their visa or MasterCard credit/debit cards. One advantage of the Changelly network is a low fee charge for the transactions which is a flat rate of about 0.5% of transaction value.

  3. 3 Bitpanda

    The Bitpanda exchange platform is another platform where you can buy or exchange some cryptocurrencies. It allows the use of credit cards for transactions to the tune of over $2,000 per day and a monthly restriction to $75,000. It offers reasonably low transaction fees, but its services are only available to users in Europe. 

    The processes for creating an account is in a few simple steps which include a user verification phase. Asides the use of credit cards for the buying purposes, there are about ten other payment options that have been made available on the platform.

  4. 4

    CEX.IO- Buy Cryptocurrency using debit/credit card

    The Cex exchange platform has exciting credit/debit card support features that allow you buy bitcoin using USD, EUR, GBP, or a different currency, depending on the country location or card currency that is used by the buyer. Although the platform does not support every local currency, the service is available to a reasonable number of countries and their local currencies with a corresponding instant processing feature. 

    Before you can proceed with the transactions on, you’ll need to make regular currency ( Euro, Dollar, Great Britain Pounds) deposits on your account. The platform imposes exchange rates based on the number of exchange activities occurring per time on the platform, but the rates are usually placed at about 0.5% to 2% of the current market values. 

    Transaction fees, on the other hand, are charged by specifications; if you buy bitcoin using the instant buy option, you’ll be charged a 7% transaction fee, while it is zero to 0.25% if you have to trade with another user on the platform. An amazing feature that grants customer advantage to the platform is the fact that it permits withdrawals to credit cards for the fiat currencies that it supports.

  5. 5 Luno

    The Luno company (formerly called BitX) provides regular wallet services and API alongside cryptocurrency exchange services. The platform with headquarters in London has its operations spread across Europe, Malaysia, Indonesia, Nigeria, South Africa and the United Kingdom. 

    By using its exchange services, you can buy and sell bitcoin and ethereum on the platform by either exchanging fiat currencies with the cryptocurrency of choice or by exchanging bitcoin for ethereum (and vice versa). Luno allows the user to fund their wallets using their credit or debit cards as well as a withdrawal to fiat currency accounts. The platform is easy to use, and provides each account with three wallets; a bitcoin wallet, an ethereum wallet and a local currency wallet.


I will continually add more sites that allows instant purchase of cryptocurrency using credit/debit card as we go. Do you have any similar sites to recommend or suggest? Feel free to let us know in the comment section below. 🙂

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