How to Buy Bitcoin with a Debit Card?

Over the years, bitcoin and other cryptocurrencies have gained so much popularity, and buying them has never been so effortless. Although the traditional bank transfer was the primary way of buying bitcoin for a long time, today, there are different options available. In the same vein, many exchanges have now incorporated the option of buying bitcoins and other altcoins with a debit card.

How to Buy Bitcoin On Exchanges with A Debit Card?

Many exchanges allow you to buy bitcoin and other cryptocurrencies directly on their platform while making a payment with a debit card linked to the account. Below, we have covered the steps you need to successfully buy bitcoin and make payment with your debit card.

  • Determine and select your preferred exchange.
  • Open an account
  • Get a wallet
  • Link your debit card to the account
  • Place your order

Determine and Select Your Preferred Exchange.

There are many crypto exchanges out there, and the thought of selecting one without prior information can be overwhelming. On the other hand, picking the wrong exchange could lead to frustration and loss of assets and time. 

See our Lowest Fee Crypto Exchange list.

First and foremost, before considering any other factor, you have to determine the exchanges supported in your country of residence. Because of legal reasons, some countries may not support certain exchanges. Once you have this settled, proceed further to narrow your options down.

According to Nasdaq, there are six critical things to look out for before picking an exchange. They are; Authenticity and security, method of purchase (check if the debit card option is supported), supported tokens, the type of cryptocurrency exchange (trading platform, P2P exchange, or broker), fee structure, user interface, and user experience.  

When you have selected your preferred exchange, proceed to the next step.

Open an Account

The next thing to do is create an account with the exchange you chose. Some exchanges may require you to supply information about yourself. The basic info often required is your legal name, phone number, mailing address, home address, etc.

In some cases, you may need to verify your identity. You may be asked to upload a valid ID, do facial recognition, etc.

Get A Wallet

Cryptocurrency wallets provide a safe way of receiving, sending, and storing cryptocurrencies. A wallet could be hardware or software. All wallets come with an address, a unique set of codes representing that particular wallet.

A software wallet is an application you download to your mobile device or desktop that encrypts and secures your assets. And as the name implies, a hardware wallet is tangible often resembling a USB that is used to store assets safely.

Link Your Debit Card to The Account

Before you can buy bitcoin, you will need to set up a payment option. Since we want to purchase using a debit card, set up the debit card payment option by imputing your card details. Link your debit card by entering your card number, cardholder name, expiration date, and the CVV/CVC code. Most exchanges support MasterCard and Visa payment cards.

Place Your Order

Proceed to select the amount of bitcoin you wish to buy and paste your wallet address. In most cases, the fiat equivalent will be displayed on the screen to know how much you will be charged alongside the required transaction fee. Most debit card purchase is processed by third-party platforms like Simplex, PayMIR, or Banxa.

After placing your order, wait for it to process. It typically takes less than an hour for your bitcoin to arrive safely in your wallet.

How to Buy Bitcoin On Coinbase with a Debit Card?

Coinbase is undoubtedly one of the leading exchanges in the crypto world. Their reputation, accessibility, and friendly user interface make it a suitable choice for beginners and experts alike.

Coinbase allows its users to buy bitcoin and other cryptocurrencies directly on their platform while making payments with a debit card linked to the account. To buy bitcoin with your debit card on Coinbase, follow the following steps.

  • Create an account
  • Verify your identity
  • Link your debit card to the account
  • Buy bitcoin

Create Your Coinbase Account

The first step is to create an account with Coinbase if you don’t have one already. The essential requirement before signing up is to be at least 18 years old and possess a valid government ID. In addition, when signing up, you will be required to provide correct information about yourself like your legal name, phone number, email address, and state.

You will need to verify your email address and phone number for security reasons before adding your personal information. Once all the steps are completed, you have successfully created an account. 

Verify Your Coinbase Account

For security, Coinbase requires that all users verify their identity. Unverified users have a limit to the number of bitcoins they are allowed to buy. In addition, you will be asked to upload one government-approved ID such as a passport, proof of age card, or driver’s license to verify your identity. 

The required ID may vary with location and country. Also, bear in mind that it may take Coinbase several days, even up to a week at times, before they approve the uploaded document. 

Link Your Debit Card to The Account

Before buying bitcoin, you will need to set up a payment option. Various payment options like PayPal, wire transfer, and credit/debit cards are available on Coinbase. You will be prompted to do this after the initial account is set up, but you choose to do it when you are ready to buy bitcoin.

Click on the “Buy / Sell” link from the menu and choose “Add a new account” under Payment Method to link your debit card. Next, select the debit card option and proceed by entering your card number, cardholder name, expiration date, and the CVV/CVC code. The MasterCard and Visa payment cards are supported on Coinbase.

Buy Bitcoin

After linking your debit card, you instantly begin to buy bitcoin. The bitcoin you buy will be reflected on your account after the order is filled. You can either leave it in the wallet linked to your Coinbase account or send it to a private wallet.

How to Buy Bitcoin with A Debit Card Without Verification?

Buying bitcoin on popular exchanges requires that you have an account with them. For some, verification is not compulsory. However, when purchasing bitcoin higher than a set amount on some exchanges, you may be required to verify your identity.

The whole process may be a pain for people who wish to buy anonymously without the stress of opening an account or KYC verification. The verification process can take days to complete on some exchanges, making fast trading impossible. While for others, the trust level is low as there is a risk of hacking or stealing information from the website.

 Some platforms that allow you to buy bitcoin without verification are;



Sendwyre is a platform that allows you to buy cryptocurrency directly with a debit card. They have partnered with exchanges and crypto companies that integrate it as a third-party debit card payment option. However, it can be used as a stand-alone platform and does not require an account opening or verification.

To buy BTC;

  • Visit the website and type in the amount of BTC you wish to buy in fiat. It will display the fraction of BTC you are buying. You can buy up to one thousand USD of BTC in a single transaction.
  • Next, select the fiat currency you wish to pay with and the cryptocurrency you want to buy. You can pay with USD, EUR, GRP, AUD, CAD and purchase BTC, ETH and many other stable coins.  
  • The next thing to do is paste the wallet address you wish to send the bitcoin to.
  • Then select a payment option. It enlists either Apple pay or the debit/credit card payment option. Select debit card payment, and it will bring out the network and transaction fee, which is usually about 5% of the amount of BTC you are purchasing.
  • Confirm the amount, check the box of terms and agreement and move to the next page.
  • On the next page, you will be required to provide your basic payment information like your card details. After filling out the required fields, the process is completed. It takes less than thirty minutes for your bitcoin to arrive.

P2P Market Places

Platforms such as Paxful, LocalBitcoin, LocalCryptos are Peer-to-peer (P2P) marketplaces that allow you to negotiate directly with the seller who wants to sell their bitcoin. In most cases, an ID for verification is not needed as the seller determines the payment options they accept. You can also arrange for a physical meet-up with the vendor to pay with cash instead.

Another Method of Buying BTC Without Identity Verification

For those who do not want to deal with the paperwork to get Bitcoin, there is one more option. If going somewhere physically is not a problem and a waste of time for you, you can consider making transactions through Bitcoin ATM.

Bitcoin ATMs

Bitcoin ATMs are similar to regular ATMs, but instead of dispensing fiat currency, like dollars, they deliver bitcoins to your wallet address.

There are different types of Bitcoin ATMs made by a variety of companies. Most, however, require no identity verification whatsoever. All that is needed is to go to one, scan the QR code of your Bitcoin wallet address and follow any preceding step.

Next, input the number of Bitcoins you wish to purchase or the equivalent amount in fiat before inserting the cash into the machine. Your BTC will be delivered to your wallet within a few moments.


The ability to buy bitcoin with a debit card is undoubtedly a secure and easy way to purchase cryptocurrency. Of course, all methods of purchase have their pros and cons. However, choosing one that is safe and easy to navigate is vital.  

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