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How to Buy Bitcoin with Prepaid Card

A step-by-step guide to buying Bitcoin in the United States with prepaid cards, safely at a regulated cryptocurrency exchange.

Updated: 28 January 2022

Buy Bitcoin with Prepaid Card

Buy Bitcoin with Prepaid Card

Prepaid cards, also known as pay-as-you-go or everyday cards, are used to buy goods and services, similar to debit and credit cards. Still, there are key differences between prepaid cards and credit/debit cards that make the former more convenient for daily purposes.

Recently prepaid cards have become a popular method of buying Bitcoin. Cryptocurrency exchanges usually charge higher fees when using prepaid cards, but these cards have some critical advantages over other payment methods.

How to Buy Bitcoin with Prepaid Card

Choose a Bitcoin exchange – we recommend Coinbase for prepaid cards
Create an account
Deposit funds into your account, entering your prepaid card details
Search ‘Bitcoin’ in the drop-down menu
Click ‘Open Trade’ and select an amount of Bitcoin to buy

Best Places to Buy Bitcoin in August 2022

While eToro and Binance don’t yet accept prepaid cards, they do accept debit and credit cards, bank transfer, Paypal and more deposit options. We can expect them to support prepaid cards in the near future.

Compare Bitcoin Exchanges

68% of retail CFD accounts lose money.

74% of retail investor accounts lose money when trading CFDs with this provider.

The price and value of any investment in digital asset products can fluctuate.

The traded price of digital tokens can fluctuate greatly within a short period of time.

Market prices for digital tokens can be volatile and highly unpredictable.

As with any asset, the values of digital currencies may fluctuate significantly.

The value of digital currencies can go up or down frequently.

71% of retail CFD accounts lose money.

As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.

Rating

5.0

4.7

4.7

4.6

4.5

4.4

4.3

4.1

4.0

Mobile App Rating

10/10

9/10

9/10

8/10

8/10

9/10

9/10

9/10

10/10

Mobile App

Wallet

Number of Coins

140

59

22

36

15

56

62

15

121

Trading Fees

Spreads

Spreads

0.1%

0.1%

0.1%

0.1%

0.50%

Spreads

0.2%

Deposit Fees

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Withdrawal Fees

$5

N/A

0.0005 BTC

N/A

N/A

N/A

N/A

N/A

N/A

Regulated

ASIC, CySEC, FCA

CySEC

N/A

N/A

N/A

FCA

FCA

CBI, MiFID

N/A

Min. Deposit

$50

100 EUR

N/A

N/A

$10

$10

$2

$100

N/A

Leveraged Trading

N/A

N/A

1 - 100x

1 - 100x

1 - 10x

1 - 100x

N/A

1 - 30x

1-200x

Bitcoin

$24195.02

$24289.37

$24210.74

$40391.88

$40393.04

$40404.41

$40416.27

$24277.27

$40377.55

Ethereum

$1964.45

$1941.31

$1929.27

$2796.11

$2795.55

$2797.45

$2796.59

$1934.57

$2795.54

XRP

$0.39

$0.38

N/A

$0.23

N/A

$0.78

$0.30

$0.38

$0.78

Tether

$1.00

N/A

$1.00

$1.00

N/A

N/A

$1.00

N/A

N/A

Litecoin

$63.62

$62.74

N/A

$109.04

N/A

$109.10

$109.04

$62.80

$108.99

Bitcoin Cash

$145.19

$144.33

N/A

$506.41

N/A

$295.12

$295.07

$144.26

$294.96

Chainlink

$9.31

$9.24

N/A

$14.26

N/A

$14.68

$14.67

$9.36

$14.68

Cardano

$0.55

$0.55

N/A

$0.83

N/A

$0.83

$0.83

N/A

$0.83

IOTA

$0.38

$0.37

$0.36

N/A

$0.70

$1.91

$1.91

$0.37

$0.70

Binance Coin

$333.51

$325.86

$325.77

N/A

N/A

$385.92