Coinbase is a popular crypto brokerage where you can buy or sell crypto in exchange for fiat currency (cash). It was founded in 2012 and used to be headquartered in San Francisco, California. Now, it is a decentralized exchange with no main headquarters but is available in over 100 countries. How to Buy Bitcoin with Credit or Debit Card From your PayPal web account, click “Finances” and then “Buy.” Select the cryptocurrency you want to purchase — in this case bitcoin — and enter an amount and a frequency. Then, choose your payment method, tap “Next” and click “Buy Now.”
The sign-up process generally starts by asking for your personal information, followed by an email to confirm your address. Some exchanges may also ask for a copy of a utility bill sent to your physical address and inquire about your interest in trading crypto. Then, you’ll need to add a payment method to deposit funds into the exchange and start to buy and sell cryptocurrency. Send and receive crypto When it comes to online commerce, credit cards are fast and easy. So for most users, the solution to the “how to buy cryptocurrency” puzzle is to use a bank card. Most major crypto platforms have teamed up with payment processors to accept instant purchases using Visa or Mastercard (we’re one of them). This is a major boon for the industry, as it allows everyday users to buy some Bitcoin or Ether using a system they’re already familiar with.