Summary: Given Maestro is in the top three most popular credit and debit card providers, it is compatible with all major digital asset exchanges. When finding a crypto trading platform, we recommend using one regulated and licensed to operate in your jurisdiction. To help investors in making an educated decision, we have compared the leading global options.
Following a detailed investigation into the world's best cryptocurrency trading platforms that accept Maestro, we found that Bybit was the best option. As a global exchange, it is available to use in over 180 countries and supports 20+ languages. Bybit users can deposit 90 different fiat currencies via Maestro instantly and with zero transfer fees.
- Free and instant deposits in 90+ fiat currencies, such as USD, EUR, GBP, CAD & more.
- Buy, sell and trade over 770 cryptocurrencies and stablecoins.
- Regulated and trusted exchange with over 18 million users.
Can I Buy Bitcoin with a Maestro Card?
Yes, acquiring Bitcoin with a Maestro card is possible via a U.S., Australian, U.K., European, or Asian cryptocurrency exchange. Choosing a licensed trading platform that complies with the regulations in your country is crucial to ensure the safety of your assets and to maintain adherence to local regulatory requirements. This ensures that your Bitcoin transactions via your Maestro card remain within the legal boundaries and are protected.
How to Buy Bitcoin and Crypto with Maestro
The most secure way to invest in digital assets with a Maestro card is through a trusted and reliable crypto exchange. As previously mentioned, Bybit is the best choice as it offers free and instant deposits via Maestro in 90+ currencies to trade over 770 cryptocurrencies like Bitcoin.
You can get started with a Maestro Card in 4 simple steps:
- Sign Up: Create an account on Bybit and complete the identity verification process.
- Select Currency: Select your fiat currency and choose ‘Maestro’ as your payment method.
- Find Crypto: Pick the cryptocurrency you want to invest in and input your desired purchase amount.
- Purchase Coin: Click 'Buy', and the tokens will be instantly credited to your account.
Maestro Cryptocurrency Policy
Maestro is a crypto-friendly card, and you can use it to make purchases with cryptocurrency as well as to withdraw cash from ATMs. There are no fees for using Maestro cards with crypto, and you can even get discounts on some purchases. Overall, Maestro is a great option for those who want to buy cryptocurrencies with a prepaid card.
About Maestro
Maestro is a multi-national debit card service owned by MasterCard that was founded in 1992. Maestro cards are obtained from associate banks and can be used for electronic funds transfer at the point of sale or ATM. A Maestro card typically has a 16-digit number and an expiry date on the front and also usually has the MasterCard logo.
In some countries, Maestro cards are more common than credit cards and are the only card some merchants accept. In other countries, it is not as widely accepted and is less common than credit cards. Maestro cards can be used for various purposes, including shopping online, making hotel reservations, and renting cars. They can also be used to withdraw cash from ATMs.
Final Thoughts
To summarize, Maestro is a great option for those who want to buy cryptocurrencies with a prepaid card. It offers the convenience and security of a major debit card service while also allowing you to make purchases with cryptocurrency. The process of connecting your Maestro card to your Bybit account is relatively straightforward and takes only a minute to complete.
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.
