Trading, Tutorials

How to Purchase Crypto Assets With Credit Card? (2024)

Last updated: February 21, 2024 4 min read

Vilius Barbaravičius

Buy cryptocurrencies like Bitcoin, Litecoin, Ethereum, and +250 others with a credit or debit card through Simplex services. Get your coins straight to your wallet within hours, all without registering or verifying an account.

buy crypto with credit card

This step-by-step guide will walk you through the whole process of buying cryptocurrencies with either MasterCard or Visa cards. Your first purchase will usually take more time due to first-time KYC procedures. To start, click here.

Mind that consecutive purchases will NOT require you to verify the phone number, email, and, in most cases, ID again, so the process will naturally get quicker the next time.

Here’s what you need to be prepared:

  • A cryptocurrency wallet (the address of the cryptocurrency you intend to buy). Need a wallet? Click here!
  • Credit or debit card (VISA/MasterCard);
  • A mobile phone for taking a selfie;
  • Scanned or photographed images of your passport, national ID card (both sides), or driver’s license (both sides).

A helpful hint: there is a higher success rate that the banks will approve the transaction if you use a debit card instead of a credit card.

How to buy crypto with a credit card: a step-by-step guide

Step #1: Do the following:

  1. Go to;
  2. Select the cryptocurrency you want to buy;
  3. Select your local fiat currency to pay with;
  4. Enter the purchase amount (from $50 up to $20,000);
  5. Provide your wallet address;
  6. Click the Go To Checkout’ button.

buy crypto with credit card

Step #2: Select a payment method

In the checkout window, select the Credit/Debit card payment method and click ‘Continue’.

simplex payment methods

Alternatively, you have an option to choose a global bank transfer method (SEPA & SWIFT).

Step #3: Provide card details

The next step will ask you to enter your credit or debit card information. Mind that your payment will be processed only if the card is issued in your name.

simplex card details

After entering card details, you must agree to the Terms & Conditions to proceed further. You can also save your card details for future purchases, so you don’t have to enter your card details next time you buy cryptocurrencies.

When done, click ‘Next’.

Step #4: Verify your personal details

Step four will require you to provide your billing address and other personal details. 

It’s crucial that you include a correct email address as you will receive verification codes there.

simplex buy crypto

When done, click the ‘Pay Now’ button and enter the 4-digit verification code sent to your email address.

simplex verification code

Note that you will not be billed just yet – your card will be checked for the required purchase value, and you will then proceed to the ID verification.

However, if you’re already verified by Simplex, the purchase will be processed and appear as Buyeglcom-Simplex or Simplex_Paybis in your card statement. 

Step #5: Verify your identity

It’s time to pass a quick KYC verification process. First, select the document you wish to upload. Depending on the country you’re in, you will be provided with several choices.

Possible options: passport (double-page), national ID card (both sides), or driver’s license (both sides).

Then, click the ‘Choose file’ button and upload the selected document. 

Next, fill in the identity document details and residential address, and click ‘Upload document’

In very rare cases, you might also need to:

  • 3DS –  fill in a code that the bank will send to your phone to verify the transaction;
  • Selfie – upload a selfie while holding your credit card. You’ll see instructions on how to do that if it’s necessary.

Step 5: Hold on!

You will see a message indicating that your payment request is being processed. This will take a few minutes, and you will receive an email once your payment is approved or declined.

If all goes well, your purchased cryptocurrency will reach your wallet in approximately an hour, depending on the blockchain congestion. On very rare occasions, some payments may take up to 24 hours to process.

If you want to check your payment status, please enter your payment ID here.

You can also contact Simplex Support for assistance at any stage by chat on the checkout page or at Simplex Support.

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Written by:

Vilius Barbaravičius

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.