Can I buy Crypto with a VISA Card?
Yes, you can. You can use a VISA card to purchase Bitcoin or other cryptocurrencies on many exchanges. Some exchanges may require you to verify your identity before you can purchase crypto with a VISA card. Once you have verified your identity, you will be able to select your desired cryptocurrency and make the purchase.
You may also be able to link your VISA card to a cryptocurrency wallet, allowing you to spend crypto like Bitcoin or Ethereum in stores for real-life purchases. Check with your exchange or wallet provider to see if this is an option for you.
How to buy Crypto or Bitcoin with a VISA
The easiest way to buy Cryptocurrencies like Bitcoin, Ethereum, and Solana with a VISA Card is through a trusted exchange like eToro. eToro is a regulated digital asset broker that offers fast and cheap deposits from VISA Debit Cards and VISA Credit Cards in over 100 countries.
Their platform has over 65 cryptos and thousands of Stocks, ETFs and more to buy, sell and trade. To get started, follow this simple guide:
- Create an account: Sign up to the eToro platform and verify your identity.
- Deposit funds: Select the 'Deposit Funds' button on the bottom of your screen. Then select Debit Card or Credit Card and input your VISA details.
- Find your Crypto: Once the USD hits your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Execute your trade: Input the USD amount you want to invest and execute your trade.
VISA Deposit Fees on Crypto Exchanges
Most exchanges will charge a small fee for deposits made with a VISA card. These fees are typically around 2-5%. Check with your exchange to see what deposit fees they charge before making a purchase.
Fortunately, the eToro platform offers industry-leading VISA deposit rates to buy Crypto and stocks starting at 1%.
About VISA Cards
VISA is a global payments technology company that connects consumers, businesses, financial institutions and governments around the world. VISA’s advanced processing network, VISANet, handles more transactions than any other network in the world.
To use a VISA card to make purchases, you will need to have a VISA card issued by a bank or financial institution. These cards can be either debit or credit cards. Once you have a VISA card, you can use it to make purchases at any merchant that accepts VISA payments. You can also use your VISA card to withdraw cash from ATMs around the world.
VISA also offers crypto-specific cards like the BlockFi VISA Card which allows cardholders to earn up to 8.6% interest per year on their Bitcoin holdings. The BlockFi VISA Card also gives cardholders the ability to spend their crypto like cash anywhere that accepts VISA.