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Last Update May 28th, 2023. Mastercard is a multinational financial services corporation that facilitates the processing of transaction communications for retailers, banking institutions and consumers.

Mastercard-issued debit cards and credit cards are a popular method of payment for buying bitcoin. If you want to learn more about how to buy bitcoin with a debit card or credit card have a look at our comprehensive guide here.

With millions of customers, the most popular exchanges for buying bitcoin using a Mastercard debit card or credit card are CoinbaseCEX.IO, and Coinmama because they have the lowest fees, fastest processing times and tightest security.

5 Ways To Buy Bitcoin With Mastercard

Coinbase

Coinbase Homepage

Website:coinbase.com
CEO:Brian Armstrong
Headquarters:San Francisco, California
Founders:Brian Armstrong, Fred Ehrsam
Founded:2012
Customer service:Knowledge Base
More information:Read Review

Coinbase is the dominant U.S. cryptocurrency exchange that is known, used and trusted by millions of customers worldwide. The world-class user interface is both colorful and accessible and there is even a mobile app available for Android and iOS.

Coinbase accepts deposits in USD, EUR, GBP, CAN, AUS, and SGD.

Pros

  • Established reputation
  • User-friendly interface
  • High liquidity
  • Large purchasing limits
  • Strong security

Cons

  • Support takes time to respond
  • Slow bank transfers

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

CEX IO

CEX.IO Homepage

Website:cex.io
CEO:Oleksandr Lutskevych
Headquarters:London, United Kingdom
Founders:Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, Peter Ivanov
Founded:2013
Customer service:Knowledge Base
More information:Read Review

CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.

CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability.

CEX.IO accepts deposits in USD, EUR, GBP, and RUB.

Pros

  • Established and trustworthy
  • Supported worldwide
  • Low fees
  • Simple credit card purchases
  • Clean user interface

Cons

  • Verification procedure requires private information
  • Lengthy verification time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Coinmama

Coinmama Homepage

Website:coinmama.com
CEO:Sagi Bakshi
Headquarters:Israel
Founders:Laurence Newman, Nimrod Gruber, Ilan Schuster
Founded:2013
Customer service:24/7 email support and Knowledge Base
More information:Read Review

Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world.

Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.

Pros

  • Available worldwide
  • High purchasing limits
  • Dependable and trustworthy
  • Excellent leadership and customer support
  • Fast and secure transactions

Cons

  • High fees when purchasing with a credit card or debit card
  • Delay in processing time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

CoinSmart

CoinSmart Homepage

Website:coinsmart.com
CEO:Justin Hartzman
Headquarters:Toronto, Canada
Founders:Justin Hartzman, Michael Koral, Jeremy Koven
Founded:2018
Customer service:FAQ, 24/7 Ticket Support and Live Chat

CoinSmart is one of the leading Canadian crypto trading platforms that allows users to buy and sell crypto.

CoinSmart accepts deposits in USD, EUR, GBP, and CAD.

Pros

  • Caters to all levels of crypto experience
  • Easy-to-use interface for basic and advanced traders
  • 24/7 Support
  • Low trading fees
  • High fiat transaction limits
  • Fast and secure transactions

Cons

  • High fees when purchasing with a credit card or debit card

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Etoro

Etoro Homepage - Build A Better Crypto Portfolio

Website:etoro.com
CEO:Yoni Assia
Headquarters:London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded:2007
Customer service:Knowledge Base

Etoro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.

Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).

Minimum first time deposit for US users is $50 USD and $200 USD for most countries.

Etoro accepts deposits in USD, EUR, GBP, and AUD.

Pros

  • Diverse selection of markets
  • Excellent reputation
  • User-friendly interface
  • Great customer support
  • Low fees

Cons

  • Bitcoins can not be withdrawn

Disclaimer: Crypto assets are unregulated & highly speculative in some EU countries. No consumer protection. Capital at risk.

Crypto investing is offered by eToro (Europe) Ltd. and custody is provided by eToro Germany GmbH. Your capital is at risk.

eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. See PDS and TMD.


ReputationFeesPrivacyLimits
ExcellentLowHighHigh
Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

77% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptocurrencies are a highly volatile unregulated investment product. No EU investor protection.

eToro USA, LLC does not offer any CFDs and makes no representations and assumes no liability for the accuracy or completeness of the content of this publication, which was created by our partner using publicly available, non-company specific information about eToro.

What Is Mastercard?

Founded in 1966, Mastercard is an American multinational financial services corporation that issues Mastercard-branded debit cards and credit cards to banks and credit unions across the globe so that their customers can make seamless purchases online or in-person.

How Mastercard Works

How Mastercard Works