Last update: Jun 28, 2022

How to Buy Bitcoin with Credit Card Australia

Even though it is not the most legally-backed investment in Australia, thousands of Aussies want to invest in Bitcoin. That sounds like the right decision, especially when considering the return on investment (ROI) that some early investors have received while dealing with BTC. However, many Australians refrain from investing in this field simply because they don’t know how to buy Bitcoin with credit card Australia.

However, many Australians refrain from investing in this field simply because they don’t know how to buy cryptos using a credit card.

Like in many parts of the world, cards have become the go-to payment option for most Australians.

It may be a little disappointing, then, to know that some of the popular bitcoin exchanges do not allow you to purchase Bitcoin (BTC) or other altcoins such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC).

We understand the frustration, and hence we decided to find out places that will help you securely buy or sell Bitcoin using your VISA/MasterCard.

Instead of vaguely pointing out random digital currency exchanges that offer liquidity, we want to provide you with a detailed guide on investing in crypto.

This handy guide on buying crypto in Australia will clear the doubts you may have about the various options available at your disposal.

Let’s check them out, shall we?

Is it legal to buy Bitcoin with credit cards in Australia?

bitcoin card

First things first, the Australian government does not prevent its citizens from purchasing Bitcoin.

So, buying Bitcoin from a cryptocurrency exchange and trading platform or someone who already has the coins is completely legal here.

The only paint point is dealing with the payment method you choose here, namely a CC.

While no law prevents you from using a CC to purchase Bitcoin, card companies may have their discretion.

They can decide whether they like to distribute a decentralized currency that doesn’t fall under government control.

Due to this problematic standpoint, some CC companies have decided to block purchases from crypto exchanges and even other people.

So, if your card provider comes to know that you are making a transaction related to Bitcoin, they may disapprove of the transaction altogether.

As we said, the discretion here is of the card provider. While some card companies allow you to buy Bitcoin without trouble, the transaction will be billed as a cash advance.

In case you did not already know, companies can charge higher trading fees and interest rates on cash advance transactions, which may not be a suitable option for you.

Therefore, you can see that buying Bitcoin with a CC has many gray areas. So, you should check with your CC company and banking provider to see if they pose any restriction towards buying Bitcoin.

If you happen to have more than one CC, you can use the one with fewer restrictions.

Now that we have put the legal things out of the way, we shall check out some options to purchase crypto.

Where to buy BTC and other cryptos with credit cards in Australia?

Here, we have listed some of the most popular and reliable crypto exchanges and purchase stations that accept a CC as a payment mode.

With each entry, we have included some general information like supported cryptos and fees.

#1 Coinmama


The primary way to buy and sell crypto on Coinmama is with a credit card, debit card, or bank transfer. Other than a fun name, they have high spending limits and plenty of payment options including Apple pay.

To put your Apple pay in action buying crypto, sign up for a Coinmama account on their website!

Visit Coinmama

Coinmama is one of the most popular crypto exchanges that allow Bitcoin’s purchase using a fantastic variety of payment modes, including credit and debit cards.

You can even use Apple Pay to process your payment for the Bitcoins you purchase.

As you can guess, you get standard features like instant delivery, fast-tracked verification, and excellent tech support.

coinmama exchange

The only limitation is that you have to provide your personal information while purchasing Bitcoin or other cryptos from this platform.

You can purchase other cryptos like Bitcoin Cash, Ethereum, Ethereum Classic, Cardano, Litecoin, Qtum, Ripple, and Tezos, in addition to the popular Bitcoin token.

In terms of fees, Coinmama adds a vast 5% momentum fees while purchasing crypto using a CC, inside and outside Australia.

You can purchase Bitcoins from Coinmama via currencies like USD, EUR, CAD, GBP, JPY, and AUD without paying any exchange fees. So, as an Aussie, you would only have to pay the 5% momentum fees when you get Bitcoin using your CC.

It would help if you kept in mind that Coinmama is registered in Ireland but provides a good tech support experience for Aussies, nevertheless.

You can use the same platform to sell your Bitcoin or other cryptocurrencies, and it would send the money as USD/EUR to your bank account directly.

#2 CoinLoft


Coinloft is a great platform for those that want multiple ways to purchase crypto. The exchange offers five different ways for users to buy bitcoin, ethereum, litecoin, ripple, tether, and other digital assets. With quick delivery and excellent support, Coinloft is a platform that stands out among its competitors.

Check out Coinloft to find out just how easy it is to buy bitcoin. Choose your payment method, place your order, pay for your bitcoin, get your crypto. That’s all there is to it.

Visit Coinloft

CoinLoft is another trendy crypto exchange that you can use to purchase Bitcoin via credit and debit card. It advertises a safe and simple place for Aussies to buy and sell crypto and says the process wouldn’t take more than minutes.

Compared to the platform we listed just before, CoinLoft has almost the same variety of cryptocurrencies, such as Ripple and Tether, in addition to Bitcoin and Ethereum.

We have also noticed that the whole process is faster and more straightforward on this platform.

Right from the homepage, you can decide how you want to pay for Bitcoin or other altcoins.

Since it has been optimized for Australia, you can choose options like POLI and PayID along with a credit or debit card. There are fewer complications involved because you select the payment channel first.

Faster delivery time is another feature that you would love about CoinLoft. There are also options for an ultra-quick verification check and excellent support. As for credit and debit card payments, you get support for both VISA and MasterCard.

People recommend CoinLoft because it is based in Richmond, Victoria. You can get in touch with the team via multiple channels and be on the right track of crypto trading. Everything you do through the platform is generally perceived as 100% secure.

Coinloft is an excellent option for buying a variety of cryptocurrencies. In comparison, this platform manages the trade of more than 100 crypto tokens, including the unique ones you may not have heard of.

As far as buying Bitcoin is concerned, you can do this from the website or through the app.

The good thing with the Android and iOS apps is that you can instantly pay via a CC or bank transfer. Regardless of how you buy the coins, you get sheer generous support from the company.



The wallet is also an exchange that allows you to buy, sell, and pay with your crypto. You can use the app to buy over 90 different coins, you can get a metal VISA card with 8% cashback, and you can earn interest on the crypto you hold.

If you’re ready to make your crypto work for you, download the app on Android or iOS today!


As you can see, is more than just a place to buy cryptocurrencies. Here, you can explore many options like getting credit by submitting crypto and paying for stuff via Bitcoin wallets.

Unlike the ones we mentioned, this platform keeps an up-to-date track of crypto prices as well. exchange

As for the fees, charges a fee depending on where you are from. If you are from Australia, you’ve to pay up to 3.50% of the transaction fee while buying Bitcoin using a credit or debit card.

You may find better rates for other payment modes, though.

In the end, is a global destination that Aussies can conveniently use to purchase Bitcoin and even other cryptocurrencies. While the fees are slightly higher, this platform gives you a better edge when planning to take crypto investments to a new level.

#4 Bitit


Some platforms make it tough to buy cryptocurrency with your local fiat currency, but not Bitit. You can use your preferred method of payment on the platform to buy, sell, and trade bitcoin, ethereum, and other popular digital coins. 

Visit the Bitit site to get started buying and selling digital coins. Sign up, verify your identity, and get started!

Visit Bitit

A company based in France, Bitit allows you to get your favorite cryptocurrencies using cards or direct bank transfer, along with a cash voucher.

That you can do all these through a hassle-free verification process because many choose Bitit for other competitors.

Using the simple UI that Bitit uses, you can get started with your account and finish the verification, for which the platform offers multiple modes.

Once you are done with this, you can convert your local currency to Bitcoin, Ethereum, or other supported currencies.

Bitit Exchange

Just like, Bitit aims to become a one-stop-shop for all things crypto. When you count the power of dedicated support, you can’t go wrong with this platform.

Another thing about Bitit is that the service is 100% transparent about fees and other complexities.

For instance, when you choose a card as the payment mode, you can see the transaction fee of 3.9%. Similarly, its Bitcoin wallet options offer competitive transaction rates.

You also have an opportunity to spend a higher transaction amount for the sake of anonymity.

We should not forget that Bitit allows you to buy an even diverse set of cryptocurrencies. For instance, ones like MIOTA and TRON are shown on the catalog along with Ethereum and Bitcoin. Even if you change your mind, you have a better chance here.

#5 Binance


Binance is the exchange to use if you’re new to the world of cryptocurrency. It’s intuitive, easy to use, and supports all the most popular cryptocurrencies. It makes buying, selling, and trading simple and even the most novice users will enjoy the pleasant user interface Binance has to offer.

When it comes to buying and selling crypto, there are few exchanges better than Binance.

Visit Binance

Binance, another popular crypto exchange globally, gives you an option to purchase Bitcoin and other currencies using a card. You should choose this exchange over others if you are looking forward to handling a wide range of currencies.

Binance is one of the companies that can help you trade almost every crypto in the world. You can keep an eye on how each currency is performing and explore derivative trading options, no matter where you are from.


When you decide to pay for Bitcoin with VISA or MasterCard, you can choose a convenient fiat currency to reduce the exchange rates. Fortunately, it has native support for AUD. In just four steps, the purchased set of Bitcoins would be present on your crypto wallet.

Like the other places, Binance also requires you to enter the 3DS Safety Verification when you purchase crypto via a Card. Once the transaction is complete, you would receive a confirmation or find the options on your History page.

Because Binance is a vast platform, it does not tell a constant set of fees. Instead, the transaction fees may depend on the amount you are handling and the payment mode. In the end, you may spend a little more to pay using a card.

To sum ip…

These are some of the best choices you have for buying Bitcoin using a card. While some of the platforms are based in and optimized for Aussies, others work globally and serve an extreme variety of customers.

Similarly, you can handle cryptocurrencies other than Bitcoin with these platforms in a zero-hassle manner. You can choose from the list mentioned above based on the fees you can pay and the extent of the crypto trade you want to engage in.

By the way, if you don’t want to get involved with a controlled exchange, you can check out P2P exchanges like Paxful, where you will find people who are willing to sell their Bitcoins for fiat money or vice versa.

While the transaction fees may be slightly higher, you can anticipate some better deals (in terms of value) on these platforms.

Lest we forget, there are Bitcoin ATMs across the country where Aussies can buy or sell Bitcoin using online card payments.

As for more traditional options, there is PayPal. Well, Aussies can also use Osko, an internet banking service from payments platform BPAY, to transfer money and make online payments to bank accounts.

A step by step guide to purchase Bitcoin with credit cards in Australia

Here are some steps you have to follow to purchase Bitcoin with a card. We cannot show you the exact steps for each exchange out there since they usually vary from exchange to exchange.

But as long as you are using a VISA or MasterCard, the measures’ crux would be the same.

  1. Choose the crypto exchange you want to buy Bitcoin from and visit the homepage. From there, you have to click on the option to Buy Bitcoin.
  2. In this step, you will have to create an account on the platform. It helps you in two ways. One, you could use this account to track your transaction. The platform would use the account to verify your identity and even store your payment methods for later use.
  3. Confirm the amount of Bitcoin you would like to pay and choose a Card payment mode. You’ll be able to see the transaction fees and other details on the Checkout page. Tap on the Check Out button to continue.
  4. Most crypto exchanges use 3DS verification from VISA and MasterCard when it comes to payment. You would have to enter the One-Time-Password that is sent to the registered mobile number for VISA or MasterCard.
  5. Once you have finished the transaction, you may have to wait for a few seconds for the exchange to process your request and reflect the same on the blockchain. After this, you should see the corresponding number of Bitcoin on your digital currency wallet.

Well, you can track the transaction status on the official blockchain ledger as well. At this point, you have become a part of the crypto-trading world.

How about debit cards?

bitcoin with cash australia

Let’s say you have a debit card. In this case, you can rely on some other crypto exchanges that get the job done.

For instance, Coinbase is one of the most popular crypto exchanges in the world right now. It allows you to purchase cryptos — not just Bitcoin — using your debit card and charges 3.99% of the whole transaction as the fee.

Sure, the costs are higher, but you can use it in Australia, the UK, the US, Canada, and Europe. Just like we showed earlier, you can follow a four-step or five-step process (depending on your exchange) to buy Bitcoin with a debit card.

Guess what? You can use a debit card on Coinmama as well.

The bottom line

We hope you can choose the best way to buy Bitcoin with a card from the options that we have covered above.

While all these platforms support the exchange of Bitcoin, you may also be looking for other cryptocurrencies.

So, make sure you take all of these into account, along with the transaction fees on the platform, before you make the final bid.