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How to buy Crypto with a Prepaid Debit Card

How to buy Crypto with a Prepaid Debit Card

Adrian Graham
Fact Checked
Nov 7, 2022

Summary: The easiest way to buy Crypto with a Prepaid Debit Card is by signing up to a regulated exchange that offers it as a deposit method.

We recommend eToro which offers Prepaid Debit Card deposits to trade crypto, stocks, ETFs, commodities, and more.

Table of Contents

Best Exchange for Prepaid Debit Cards

Platform Highlights

  • Fast and cheap fiat deposits with any Prepaid Debit Card for USD, EUR, GBP + 30 other currencies.
  • Trade over 80 Cryptocurrencies and 8,000 Stocks, ETFs, Commodities and other assets.
  • Secure and regulated trading platform with over 18 million users worldwide.

Can I buy Crypto or Bitcoin with a Prepaid Card?

If you're looking to buy cryptocurrencies with a prepaid debit card, there are a few things you'll need to keep in mind. First, you'll need to find a reputable exchange that allows you to purchase cryptocurrencies with a prepaid debit card. Not all exchanges accept this payment method, so be sure to do your research before committing to one.

Once you've found a suitable exchange, you'll need to create an account and link your prepaid debit card. This process is usually pretty straightforward, but make sure to read all the instructions carefully before proceeding.

How to buy Crypto with a Prepaid Debit Card on eToro

The best way to buy Crypto and Bitcoin with a Prepaid Debit Card is through a regulated exchange like eToro. They allow you to deposit USD, EUR, GBP or AUD onto their platform with low fees to trade over 50 cryptos and stocks, ETFs, and other markets from around the world.

You can follow this step-by-step guide to get started.

  • Step 1: Sign up to the eToro trading platform.
  • Step 2: Select the 'Deposit Funds' button at the bottom of your dashboard.
Deposit Funds with Prepaid Card
  • Step 3: Select Credit Card/Debit Card as your preferred payment method and input your details.
Deposit with Debit Card
  • Step 4: Once the fiat hits your account, you can buy any asset that is available on the eToro exchange.
Trade Coins

Once you complete your purchase of Bitcoin, Ethereum or another cryptocurrency, eToro will automatically store it in your Managed Wallet for secure custody.

What is a Prepaid Debit Card?

A prepaid debit card is a type of card that allows you to load money onto it in advance. You can then use the card to make purchases or withdraw cash, up to the value of the money you have loaded onto the card.

Prepaid debit cards are an alternative to traditional bank accounts and credit cards, and can be a useful tool for managing your finances. They can be especially helpful if you have trouble qualifying for a traditional bank account or credit card, or if you want to avoid incurring debt.

Crypto Debit Cards

Cryptocurrency prepaid debit cards are a new type of prepaid debit card that allows you to load money onto the card in the form of cryptocurrency. These cards can then be used to make purchases or withdraw cash at any merchant that accepts debit cards.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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