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How To Buy Ethereum (ETH) With a Credit Card: A Step-by-Step Guide

7 mins
Fact Checked
by Maria Petrova
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Ethereum was first proposed in 2013. A white paper highlighted the network’s goal — to offer developers the infrastructure to build decentralized applications (DApps) on a secure, decentralized network. The network’s native cryptocurrency, ether (ETH), currently ranks as the second-largest cryptocurrency by market capitalization. You can buy Ethereum on most top crypto exchanges. In this guide, we discuss the network and offer a step-by-step guide on how to buy ethereum with a credit card. 

Best exchanges to buy ETH with a credit card within a minute


Best for beginners
Explore on Paybis’s official website
Supported cards VISA
Available cryptocurrencies 80+
Top feature No fees for 1st swap


Best for demo and spot trading
Explore on OKX’s official website
Supported cards VISA, MasterCard
Available cryptocurrencies 80+
Top feature Minimum fees of 0,1%


Best for beginners
Explore on Coinbase’s official website
Supported cards VISA, MasterCard
Available cryptocurrencies 250+
Top feature Account minimum of $2

Methodology for selecting the top platforms to purchase ETH

What is Ethereum?

how to buy ethereum with credit card

Ethereum is a proof-of-stake, open-source, and public blockchain network that seeks to provide the infrastructure for applications to run on without downtime, censorship, or third-party interference.

For developers, the Ethereum network offers the platform to create and deploy smart contracts, enabling the issuance of Ethereum-based tokens and decentralized applications (DApps). 

The network participants running Ethereum nodes and staking ETH help to increase security, decentralization, and sovereignty on the network. In return, stakers are rewarded in ETH. Network operations also have gas fee payments that go to the stakers as part of the rewards program. The gas fees depend on the number of computations needed in an operation. 

eth chart
Ethereum price:: CoinMarketCap

ETH has proven popular with traders on exchanges, coming second in market capitalization with over $190 billion as of October 2023. 

How to buy Ethereum with a credit card

Buying ethereum using a credit card is an easy process that only requires having your card details and picking a reputable exchange. Below, we show you a step-by-step process of buying ETH from Binance, a centralized exchange. 

Account creation

First, visit the Binance website and enter your email or phone number to start the registration process. The system will prompt you to enter the verification code sent to your email/phone number. Check your spam folder if you miss it in your primary inbox. 

Sign up to Binance

The next step is to choose a password. Select a strong and unique password to enhance your crypto wallet security. Remember that malicious actors can use social engineering to figure out people’s passwords, so uniqueness must be a priority to minimize the chances of being easily figured out through such methods. 

Identity Verification

Crypto exchanges apply know-your-customer (KYC) protocols to protect the platform and its users from money laundering, corruption, fraud, and other account misuse activities. The steps may vary depending on your location since KYC laws vary from jurisdiction to jurisdiction. 

Follow the steps and provide the information required. You may need to continue this process on your mobile device since the verification process may require taking pictures of your documents and of yourself.

verify binance account

The site will send you a confirmation email after completing the identity verification process. You are now ready to buy ETH and other cryptocurrencies.  


Visit the dashboard section of your Binance account and click on the “buy crypto” option. You can buy ETH with your VISA or Mastercard credit card or other online payment methods, including Apple Pay and Google Pay. 

buy eth on binance with credit card

Enter the fiat amount you wish to spend, and the system will indicate how much ETH you will receive.

Proceed to click on the “Buy ETH” button, and the system will direct you to the next page, where you select the preferred payment method. We’ll use a credit card for this example, so let’s choose the card option at the top. 

buy eth with card

Click the “Confirm” button, and the system will prompt you to enter your card details. 

Remember that the credit card must have the same names as those on your Binance account. This is part of the measures to minimize instances of fraud. Enter your card details as prompted. The system will display the transaction details, including the fees and the amount of ETH you should receive.

Click the confirm button to proceed with the transaction once you’ve reviewed the details and verified the accuracy. 

buy ethereum with credit card

To clarify the fee amount displayed, click on the “i” symbol next to the fees to get a clear picture. The fees are bank charges as described below. 

buy eth transaction fees

Banks have protocols to ensure secure transactions. The next step is entering a one-time password (OTP) sent to your email or registered phone number. Enter the code to confirm the transaction. Once you enter the OTP successfully, the system should take 30 seconds or less to process the payment. 

At this point, the ETH is in your wallet, and the process is complete. You will see the message below asking you to rate your experience. You can click the “View Wallet” button to confirm the ETH in your wallet. 

Securing your ETH holdings

Learn to safeguard your holdings before buying any cryptocurrency with your credit card, including ETH. The cryptocurrency market offers the potential for potentially high returns, but its high risk extends beyond price volatility and into losing your assets through scams, rug pulls, hacks, and more.

Remember that your wallet on Binance or any centralized cryptocurrency exchange is a custodial wallet where the platform holds your private keys. For more control over your ETH and other digital assets, consider a non-custodial wallet where you fully control your digital assets. 

You can take the extra step and utilize a multi-signature wallet that enhances your assets’ security by having multiple private keys. This can be a convenient option for a joint investment where all the parties involved have a key and can only access the digital assets together. 

“I use a multisig wallet personally to store the bulk of my funds, as does the Ethereum Foundation.”

– Ethereum co-founder Vitalik Buterin: Reddit

If you need a wallet that connects to the internet and can be accessed from different devices, you can use a hot wallet to store your digital assets. The downside of such wallets is they are always connected to the internet, making them more vulnerable to hackers and other bad actors. You can instead use a hardware wallet or an air-gapped wallet, which is disconnected from the internet except when you need to complete a transaction. These are better at shielding you from online threats. 

Whichever wallet you decide to use after buying ETH, always remember to do your own research on the wallets and consider safety practices before proceeding.

Credit cards are a gateway to ETH

Buying ethereum with a credit card is a fairly straightforward process on crypto exchanges like Binance, Kraken, or OKX. However, it’s important to securely store your crypto assets, including ETH, using a personal, non-custodial wallet.
By taking this proactive approach, you not only safeguard your investments but also pave the way for a more confident and secure crypto experience.

Frequently asked questions

Can I buy ETH with a credit card?

Can I buy ETH on Binance with a credit card?

How can I buy ethereum in the U.S.?

How to buy ETH for cheap?

Is ETH legal in the U.S.?

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Alex Lielacher
Alex Lielacher is an experienced figure on the Crypto world. Journalist and founder, an agency that works with a range of bitcoin businesses. He first came across bitcoin in 2011 and has worked full-time in the cryptocurrency industry since 2016. Previously Managing Editor of Bitcoin Market Journal, Alex holds a first-class honors in Investment and Financial Risk Management from Bayes Business School. Today, Alex contributes to leading media publications and works with a range of bitcoin...