How to Buy Crypto with a Credit or Debit Card

The best way to buy Bitcoin and other cryptocurrencies with a credit or debit card in Australia is through the eToro exchange. When you deposit AUD to eToro with a card it is instantly credit to your account, providing immediate access to cryptocurrency investing. 

Follow this quick and easy guide to get started:

  1. Create a free account on eToro and complete the verification process.
  2. Tap the 'Deposit Funds' button on the bottom left of your screen.
  3. Select ‘Credit/Debit Card’ as your payment method and fill in your details to deposit AUD.
  4. Head to the search bar to find and buy your desired Cryptocurrency.
How to Buy Crypto with a Credit or Debit Card

Buying Cryptocurrency Fees

The costs to purchase cryptocurrency on eToro are minimal, with the only cost being the trading fee. This fee is 1% of your total transaction amount when you buy or sell a cryptocurrency. Aside from that, there is a $5 fee anytime you withdraw AUD to a bank account. There are no additional or hidden fees on eToro.

Supported Credit and Debit Card Types

The eToro exchange supports Visa, MasterCard, Visa Electron and Maestro credit or debit card deposits. American Express cards are not supported on the platform and are generally not accepted on most cryptocurrency exchanges.

‍Is it Safe to Buy Crypto with a Card?

Yes, buying cryptocurrency with a credit/debit card is just as secure as using a bank transfer or POLi deposit. There is no reason to be concerned when depositing funds with a credit or debit card. The only thing difference between a card deposit and a bank transfer is that you cannot withdraw AUD from eToro to a card, but you can with a bank account.


To summarise, buying cryptocurrency with a credit or debit card is a simple and instantaneous process that can be done securely through the multi-asset exchange eToro. We recommend using this platform for its user-friendly interface, low fees, a wide range of assets, unique social trading features, plus its 24/7 customer support and free card deposits.