Cryptocurrency offers many excellent possibilities to its owners. One can invest in crypto coins or tokens at a lower price and sell them later for a higher cost. It’s also possible to trade crypto like any other asset and earn amazing rewards. However, it’s necessary to buy cryptocurrency.
Today, it’s possible to buy crypto on credit card without investing in mining equipment to get digital tokens. Check out this article to learn how to buy crypto with a credit or debit card on some of the most popular European exchanges.
How To Buy Crypto On WhiteBIT?
WhiteBIT is one of the biggest and most popular European crypto exchanges. WhiteBIT offers several exchange types and a convenient trading platform with valuable tools like charts and stop-loss orders. You can use three exchange methods to get cryptocurrency on WhiteBIT:
- Cryptocurrency exchange.
- Dex exchange WhiteSwap.
- Peer-to-peer exchange Bitcoin Global P2P.
Two latter options require users to have cryptocurrency. The first option is the one we will explain. WhiteBIT’s crypto exchange is a simple and straightforward tool. It’s a converter from fiat currency to digital money.
You can use this comprehensive converter to calculate how much currency you get. The converter also shows the fee. For instance, for EUR 200, you get ETH 0.13064 (07/02/2023). Here’s what you need to do to buy crypto on WhiteBIT:
- Create and verify an account. The verification process requires sending a snapshot of your ID to prove your identity. WhiteBIT won’t share this data with third parties.
- Once your account is verified, make a deposit in your chosen currency. You may also skip this step and make a deposit during the exchange process.
- Go to the converter tool. Enter a few first letters of the fiat currency you want to convert into crypto, and the system will offer it from the list, for instance, EUR or USD. Then in the “I give” field, enter how much you want to sell.
- Choose the currency you want to receive, for example, ADA. You will see how much you get in the “I receive” field.
- Choose “Continue.”
- Enter your credit card and crypto wallet information, and complete the purchase.
The exchange should be instant. In rare cases, it takes 10 minutes to process the operation. Check the balance of your credit or debit card and the crypto wallet.
How To Buy Crypto On Binance?
Binably doesn’t need an introduction since it’s the world’s most popular crypto exchange and trade platform. Despite a few safety concerns and issues, it’s still one of the first go-to options among crypto fans when they want to purchase crypto. Binance also lets users buy crypto tokens instantly with debit or credit cards.
Here’s what you must do to purchase crypto on Binance:
- Create an account or log in.
- Select the “Buy Crypto” option, then the “credit/debit card” feature.
- Choose the preferable fiat currency, for instance, EUR.
- Type the amount you want to buy in fiat currency. The system will automatically display the amount of cryptocurrency that you can purchase.
- Add data on your credit or debit card. Remember, you can only pay using your credit cards since the platform won’t process the operation. Your Binance account is verified, and the platform has your data (which it won’t sell or pass).
- Enter your crypto wallet’s public address.
- Verify your payment information and confirm your order.
Binance will recalculate the price and the amount of cryptocurrency you receive after one minute. Keep in mind the fees on Binance and potential bank commissions when processing the financial operation.
How To Buy Crypto On Okex?
OKX is a cryptocurrency platform that provides a cryptocurrency exchange and various other services, like trading. The exchange is not available in the U.S. However, it’s available to European crypto fans. OKX could be a good option for international cryptocurrency traders looking to buy and sell with low exchange fees.
Here’s what you must do to buy crypto with a credit or debit card:
- Sign in to OKX, or create and verify a new account.
- Select the “buy crypto” option, then “buy with the credit or debit card.”
- Choose the type of virtual currency you want to purchase and the fiat currency you want to convert.
- Enter the amount in fiat currency and click “buy.”
- Select debit/credit card.
- Complete the KYC verification (a regular procedure occurs once on the platform if the user is new).
- After completing the KYC verification, you will be taken back to the previous page. Then, add your card info.
- Enter your crypto wallet’s public address.
- Review your payment information and complete the purchase.
Refresh the page to get the most recent market price if payment is not completed instantly. The platform might pause the process if it takes you a while to complete the purchase and the cost of crypto changes. The system wants buyers to see the price of the asset they buy.
