How to buy Bitcoin with a credit card?

Buy Bitcoin with a credit card - Read our guide on how to buy Bitcoin safely & quickly with Trust Wallet today! Buy a minimum of $50 USD, and up to $20,000 USD, worth of Bitcoin (BTC) with a credit card. iOS Crypto Wallet / Android Crypto Wallet. Select the supported asset you want to buy, in this example Bitcoin.

What is the difference between credit card and Bitcoin?

Bitcoin transactions operate more like cash: exchanged person-to-person without a financial intermediary. Credit card companies are widely accepted, but there are many parties between merchants and customers that charge fees for "necessary" services. Credit card providers generally offer fraud protection, while Bitcoin does not.

Can you buy cryptocurrency with a credit card?

Early 2018 was a rough time for speculators who regularly purchased cryptocurrency using their credit cards. In a single two-week period, just about every major credit card issuer banned the purchase of Bitcoin and other alternative currencies using their cards.

Why are more bitcoin providers not accepting credit cards?

There are a few reasons why more providers don't accept credit cards, with the main issue being the problem of chargebacks. While Bitcoin transactions are irreversible, credit card charges can be canceled or reversed.