How to buy bitcoin on binance with credit card

These can then be traded against up to other tokens offered by the exchange. The Bear Market Report. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. After this step, click on continue.

Credit/Debit Card Bitcoin Exchanges

Binance is one of the most popular exchange platforms within the crypto market. However, it has always had one weakness—not supporting fiat currency trading. Now, the platform is making changes that will allow its customers to purchase crypto with fiat currency. Recently, the exchange partnered with Simplexa payment processor to provide crypto purchases with a credit card. The use of credit card in crypto is how to buy bitcoin on binance with credit card, as top exchanges have gone back and forth on this topic. For instance, Coinbase stopped allowing credit card purchases inbut when it used to allow them, customers would incur additional charges. However, Binance has decided to make this bold move, but the credit cards can only be used to purchase a limited set of tokens, namely Bitcoin, Litecoin, Ethereum and XRP.

Buy Bitcoin on Binance

We do research on every exchange we list and are very careful not to include scam exchanges on our site. Coinbase charges a flat 3. Want to buy on Coinbase? This guide will show you step-by-step in more detail how to use Coinbase. We may receive compensation when you use Coinbase. Please visit Coinbase for its exact pricing terms. Coinmama is a bitcoin broker that specializes in letting you purchase bitcoin with a debit or credit card.

Is buying Bitcoin with a credit card on Binance safe?

Other options include:. Enter your billing information You will have to provide some of your personal details to How to buy bitcoin on binance with credit card in order to go through with the purchase. Now, the platform is making changes that will allow its customers to purchase crypto with fiat currency. Other options include: Buy Bitcoin on an exchange that supports bank transfers Coinbase, Kraken, Bitstamp The next step requires you to fill in your credit card details. However, depending on some factors, such as network congestion, it may take up to an hour. If you think these fees are too high, a cheaper option is buying cryptocurrency by funding your Kraken or Bitstamp account with a bank transfer. Regarding feesSimplex charges 3. Nonetheless, there are a few limitations. There cgedit plenty of exchanges where you can purchase Bitcoin, but Binance is by far the best and most liquid reputable exchange. After this step, click on continue. In the U. Also, the support for banks is not universal, and those that can use the service will be charged 3. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the bonance journalistic standards and abides by a strict set of editorial policies. Follow these steps to buy Bitcoin with a credit card on Binance. From here, we will finalize our order through Simplex. Ensure you upload each side of the document in order.