How to buy BitCoin?

CoinBase

Coinbase is the world’s largest Bitcoin broker. At Coinbase you can buy up to $150 or €150 of bitcoin per week instantly with a credit or debit card in:

  • the United States
  • Canada
  • Europe
  • United Kingdom
  • Australia
  • Singapore

Coinbase charges a flat 3.99% fee on all purchases via credit or debit card, which is among the lowest for European and US customers.

A quick step-by-step guide on how to buy bitcoins with credit card on Coinbase:

  1. Create account. Open your account on Coinbase.
  2. Connect credit card. Add your credit card to your Coinbase profile
  3. Verify ID. Verify your ID with Coinbase.
  4. Buy bitcoins! Buy bitcoins using your credit card.

+ High liquidity and buying limits

+ Easy way for newcomers to get bitcoins

+ “Instant Buy” option available with credit card or debit card

Purchases made with bank transfer can take up to 5 days to complete

Coinbase may track how and where you spend your bitcoins

CoinMama

Coinmama is a bitcoin broker that specializes in letting you purchase bitcoin with a debit or credit card.

You’ll be charged a ~6% fee due to the risks and processing fees that come with credit card payments.

Coinmama offers high limits. You can buy up to:

  • $5,000 worth of bitcoin per day
  • $20,000 worth of bitcoins per month

After your account is verified and a purchase is made you will receive your bitcoin within a few minutes.

Coinmama is only available in some US states.

Works in almost all countries

+ Highest limits for buying bitcoins with a credit card

+ Reliable and trusted broker

Some of the highest fees among credit/debit card bitcoin brokers

BitPanda

BitPanda is a Bitcoin broker located in Austria. You can purchase coins with a credit/debit card for 3-4% fees. Only residents of Europe can use BitPanda.

Note that the fees are not displayed publically but displayed in your buy price when completing your purchase.

+ Some of the lowest fees for buying bitcoins with credit/debit card

+ Reliable and trusted broker

Fees aren’t shown openly on the site but instead included in the buying price

CEX.io

CEX.io lets you buy bitcoin with a credit or debit card

CEX.io is one of the oldest Bitcoin exchanges and works in the United States, Europe, and some countries in South America.

CEX.io’s verification process is extensive and can take up to 30 minutes to complete.

CEX.io does NOT support the following US states:

Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Guam, Idaho, Iowa, Kansas, Louisiana, Maryland, Michigan, Mississippi, Nebraska, New Hampshire, New Jersey, North Carolina, North Dakota, Ohio, Oregon, Tennessee, Texas, U.S. Virgin Islands, Vermont, Virginia, Washington.

+ Support for many countries and regions

+ Low 0.2% trading fee

+ Established and trusted exchange

Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay

GBP market lacks liquidity