Exchange Review

How to Buy Bitcoin & Crypto with Visa

Summary: To buy cryptocurrencies in Australia with any payment method, you will need to go through a secure and regulated cryptocurrency investing platform. This guide shows Aussies how to buy Crypto like Bitcoin with a Visa card on the eToro cryptocurrency exchange.

James O'Connell
August 13, 2022

Visa is global payment method that is issued by banks and financial institutions for clients to make purchases and withdraw cash. There are different types of Visa cards, each with its own set of features and benefits. Visa cards can be used anywhere in the world where Visa is accepted.

All Visa cardholders enjoy a number of benefits, such as cash back rewards, travel insurance, and extended warranty protection on purchases. Visa cards also offer fraud protection against unauthorised transactions.

Relevant Articles: eToro Review, eToro Quiz Answers & How to Stake Crypto in Australia

Table of Contents

Can I buy Bitcoin with a Visa card?

Yes, it is possible to purchase cryptocurrencies directly with a Visa card. If you want to buy crypto with a visa card, you will need to go through a regulated and licensed cryptocurrency exchange. There are a few exchanges that you can use to buy crypto on including SwyftX, Bybit and eToro.

We recommend using eToro as it does not charge fees to deposit via visa card on its platform but Bybit and SwyftX both charge 4%. In addition to free and instant AUD deposits, eToro also allows the investing of the Visa card stock. On eToro you can invest in cryptocurrencies, commodities, currencies, stocks, ETFs and indices.

eToros Discover Page.
eToros Discover Page.

How to buy Cryptocurrencies with Visa

If you want to learn how to buy crypto like Bitcoin with visa card, you have come to the right place. To buy cryptocurrencies in Australia, you will need to use a secure cryptocurrency exchange like eToro. eToro offers free and instant AUD deposits for Visa cardholders. Follow the below steps to get started.

  1. Sign up to eToro and verify your identity
  2. Select 'Deposit Funds' and 'Credit/Debit Card'
  3. Fill in your details and AUD you want to spend
Deposit Funds with Visa card on eToro

Once your deposit has arrived, search for the crypto you want to buy (we use BTC). Enter the amount you want to buy and press 'Open Trade'

How to Buy Crypto with Visa Card in Australia

Buy Visa Stocks on eToro

On eToro users can invest in over 2000 different stocks including Visa card stocks. Follow the below steps to buy Visa card stocks on eToro.

  1. Find Visa in the search bar
  2. Enter the amount you want to buy and tap 'Set Order'
How to Buy Visa Stocks in Australia.
How to Buy Visa Stocks in Australia.

Buying Crypto with Visa Card Fees

When purchasing cryptocurrencies or any asset on an exchange, you should always consider the fees involved. Most exchanges will charge a fee when you deposit Australian dollars on its platform but eToro doesn't. eToro does charge a 1% fee to buy and sell cryptocurrencies but doesn't charge any commissions whatsoever to buy stocks.

Buy Crypto with Visa

Author Bio

James O'Connell has been writing about traditional markets for over 5 years. He pivoted to writing about digital assets after learning about lending protocols like AAVE and Compound.

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