Buying crypto with a debit or a credit card may pose a certain number of risks. They’re usually connected to your bank account, and you may face financial risks if you somehow misplace them. They’re also not anonymous, as your details travel with them.
A prepaid card is a safer bet in such cases. These cards aren’t directly linked to your bank account. Using virtual prepaid cards, you can also acquire greater anonymity. You also load your prepaid card with specific amounts, so exchanges and platforms usually can’t charge you more than the available amount.
However, buying crypto with a prepaid card can be tricky as many exchanges still do not allow it. Learn how to buy crypto with prepaid card in 2025 with our detailed guide.
How to Buy Crypto with Prepaid Card
While buying crypto with a prepaid card is safer than using your debit or credit card, finding an exchange that accepts prepaid cards can be troublesome. Some exchanges accept physical or virtual prepaid cards, but if your card is KYC-enabled, it’ll be declined on no-KYC platforms.
There’s a rather innovative way of handling these problems. And that is through Best Wallet. Best Wallet is a no-KYC, non-custodial mobile wallet that lets you buy, sell, send, receive, and swap crypto from a single user interface. It lets you purchase crypto via Google Pay. Simply add a prepaid card to your Google Pay account, and you can purchase from the ‘Buy’ window.
Follow these 5 simple steps to set up your Best Wallet account and get your crypto token with a prepaid card!
How to Buy Crypto with Prepaid Card Using Best Wallet: 5 Simple Steps
1: Download ‘Best Wallet’ and Install
- The official Best Wallet app may be downloaded by scanning the QR code.
- Alternatively, you may go to the respective app stores on your mobile device—the Google Play Store for Android users and the Apple App Store for iOS users.
- Go ahead and type “Best Wallet” in the search bar box.
- Scroll down until you see the official Best Wallet app, and then tap “Install.” Upon finishing the download, click “Open.”
2: Setup Your Best Wallet Account
- Launch the Best Wallet app on your mobile device.
- When asked, please enter your email address. Kindly provide an active and accessible email address. Only you or people you trust should be able to access the email ID.
- Best Wallet will send a six-digit passcode to your email address. To ensure this code isn’t hiding in your spam folder, check all your inboxes.
- To verify your email address, please enter the six-digit passcode within the program.
- Follow the on-screen prompts to set up your security features. Protecting your assets requires this action.
- Ensure the 4-digit password is tough to guess and easy to remember. For safer and more convenient access, turn on fingerprint or face recognition verification. One way to secure your account is by using two-factor authentication (2FA). This adds a new level of protection.
3: Understand the Best Wallet Interface
You should familiarize yourself with the app’s UI before buying cryptocurrencies. Look for the cryptocurrency that interests you and start researching it. Additionally, you can use the navigation buttons at the bottom of the screen. The options you’ll see are:
- Home: Your most recent transactions and wallet balances are shown on the main dashboard.
- Apps: Various Web3 apps (dApps) can be accessed in this section.
- Trade: Different cryptocurrency trading options (buy, sell, swap, etc) are available in this section.
- Settings: Your wallet’s settings and security choices are accessible from this menu.
4: Add the Prepaid Card to Your Google Pay Account
- Open the Google Pay app on your mobile device.
- Tap “Add credit or debit cards.” Then, tap “Add a card.”
- You can either scan the card using your phone’s camera or enter the details manually. This includes the card number, expiration date, CVV code, and billing address. For the billing address, use the one associated with your home.
- Accept the terms and conditions. Then, choose a method to verify your identity and follow the on-screen instructions. You may receive a one-time password (OTP) via SMS to the phone number connected to your Google Pay account.
- If the card is accepted, it will appear in your wallet. If the card issuer doesn’t work with Google Pay, the card cannot be added.
5: Finalize Purchase with Best Wallet
- Go back to the ‘Best Wallet’ app, find the “Trade” button at the bottom of the screen, and click on it. Click on the “Buy” option.
- From the given list, choose the cryptocurrency you would want to purchase, such as Bitcoin or Ethereum.
- Use your native currency (such as USD or EUR) to enter the quantity of Bitcoin you want to buy.
- Select “Google Pay” as the method of payment. Because of the security risks associated with other methods, Best Wallet usually suggests credit cards.
- Fill out the form with the details of your Google Pay account. Provide necessary details.
- The transaction must be confirmed. Pay close attention to the transaction details, such as the amount of cryptocurrency bought, the cost of the exchange, and any fees that may be involved.
- A verification method, like 3D Secure authentication, may be necessary depending on your purchase quantity and your financial institution. Just follow the on-screen instructions.
- Go back to the “Home” tab from the bottom of your screen.
- Your crypto should appear in the wallet balance.
Remember, Best Wallet is a non-custodial (Self custodial) wallet. You’ll receive your keyphrases, and you’re in charge of protecting them. Do not share your keyphrase with others.
Why Use Best Wallet to Buy Crypto with Prepaid Card?
Best Wallet is an easy-to-use cryptocurrency wallet with powerful security features, and it is built with mobile users in mind. Pro traders and industry experts recommend it for efficient asset acquisition and management. With this decentralized wallet, you will always have full authority over your personal information because it is not a custodial service.
When using Best Wallet, be aware that, unlike custodial exchanges or apps, you are solely responsible for the security of your keys. This one is tops when it comes to cryptocurrency wallets with built-in exchanges.
To ensure users have a smooth experience, the app is made easy to use. There are clear labels and helpful prompts next to each selection. Swift swiping and scrolling is possible. The menu and navigation controls are located at the bottom, and the contents are straightforward. The key sections are as follows: Home, Applications, Trade, and Settings.
Though there are customization options to make it even more unique, the default colors are already lively and attractive. There are no Know Your Customer (KYC) regulations in operation, and there is no need to provide identification while registering.
More than 60 different cryptocurrencies are compatible with Best Wallet. This includes Binance Smart Chain, Polygon, and Ethereum. Within the wallet, users can trade tokens across different chains. Being among the best Web3 wallets, Best Wallet features useful Web3 apps for the ultimate trading experience. A wide range of wallets can be hosted.
Best Wallet Key Features
Let’s take a quick look at the key features of Best Wallet.
- Built to work with Binance Smart Chain, Ethereum, Polygon, and over sixty more cryptocurrencies.
- Best Wallet users may now buy and sell tokens on other networks without leaving the app.
- Access exciting presales like Bitcoin Bull, Solaxy, or MIND of Pepe directly from the UI.
- Allows for seamless interaction with several Web3 apps.
- Allows you to manage different wallets inside the app.
- Features a built-in exchange where tokens can be traded.
- This wallet is compatible with numerous blockchain networks and functions without a custodial base.
- Makes it easier to create or include many wallets.
- Keeps an eye on the cash flow situation.
- Includes market data like popular tokens and general market mood.
- Allows for the purchase of Best Wallet Tokens through airdrops.
- The Best DEX is your ticket to $BEST token airdrops.
Best Wallet: Upcoming Features
Based on your needs, Best Wallet is continually evolving. Every update adds new and improved features, settings, and applications. On the way, you’ll see some of the most talked-about features:
- The Staking Aggregator: Finding and accessing numerous staking possibilities across different blockchains will be made simple with Best Wallet. This will greatly simplify the process of earning rewards for your crypto holdings.
- Gallery of NFTs: NFT support is currently unavailable in the Best Wallet. A wallet section will be added in future versions just for non-fungible tokens (NFTs), so they may be seen, managed, and displayed. NFT collectors, stay tuned!
- Browser Extension: The wallet’s primary target is mobile devices, but there has been persistent demand from PC users for a computer version that works on Windows, macOS, and Linux. Best is currently working on a browser plugin. Facilitating access to decentralised applications (dApps) and webpages connected to cryptocurrencies straight from your PC browser will improve Best Wallet’s capabilities even further.
- Analytics for Market Intelligence: Whether you’re trading equities or cryptocurrencies, market analytics are a must-have. A newly built analytical tool within the wallet interface will give insights, analytics, and market data in real-time. You can use the tool to help you make better trading decisions by looking at sentiment, trends, and other market variables.
- Derivatives Trading: Best allows users to trade crypto derivatives (such as futures and options) directly from their wallet. More complex trading methods and opportunities are on the horizon.
- Gas Token-Free Transactions: Best’s goal is to reduce or altogether remove any need for you to own and use the native gas currency (for example, ETH on Ethereum) to pay for transaction fees. You can use your $BEST tokens in the wallet’s native ecosystem. You can reduce gas fees and increase the possibility of more profitable transactions by using $BEST. Its presale price has already surpassed $10 million.
- Latest News: In-App An integrated news feed will soon be available in Best Wallet. All the most recent information about cryptocurrencies, including updates, news, and developments, will be available in one convenient stream. Your wall will be updated in real time with any changes in market patterns.
Best Wallet: Security Features
Using Best Wallet is suitable for its several security features.
- A 4-digit passcode is an essential security measure. Protecting the wallet from unauthorized access is our top priority. Users can’t access the application without entering the code.
- Utilising your smartphone’s biometric security features, such as Face ID and fingerprint scanning, Best functions on both Android and iOS devices with increased protection. The strategy improves the wallet’s security while making it easier to access. Even if the device is stolen or lost, only you can access your valuables thanks to the biometric lock configuration.
- With two-factor authentication, your cell phone number is used to verify your identity. It makes the login process more secure. During the setup procedure, your mobile device will receive a verification code.
- To protect you from scams, Best Wallet hides tokens that seem suspicious. The system will limit access to any token once it detects it may be dangerous.
Best Wallet Roadmap
Best performed market research during the first stage, deployed mobile login, and integrated biometric security measures. The core wallet’s essential features are available. At this time, no Fiat exits are available. Fiat currencies can be used to buy cryptocurrency. Token exchanges are made possible by the best decentralised exchange (Best DEX). As an incentive, users receive tokens through the Airdrop.
In the second phase, there is a token launchpad where new tokens can be accessed early. The security of transactions is guaranteed by cross-chain swaps, which run across over 60 networks and use strong anti-fraud protection. Users of The Best Card can use cryptocurrency on services such as Apple Pay and Google Wallet.
Additionally, NFT integration and portfolio tracking are included. Improving functionality, bringing advanced trading tools, and providing thorough market insights will be the emphasis of subsequent phases.
Let’s review some of the best apps to use in 2025 to buy crypto with a prepaid card.Best Place to Buy Crypto with Prepaid Card in 2025
As mentioned, the Best Wallet lets you purchase cryptocurrency using a prepaid card via Google Pay. Since Best uses a DEX, you can access different crypto across chains to buy, sell, or swap, all from the UI. With just one app, you can buy and sell many tokens, like Ethereum and Bitcoin, and use your existing wallets for all your transactions. Safety features are prioritized in Best Wallet. Best Wallet uses biometric verification and two-step authorization to protect your savings and prepaid card information effectively, even though hardware wallets, such as Trezor Safe, could offer a little higher level of protection. Because it is not a custodial service, the wallet gives you complete authority over your data. Protect your prepaid card details and stop fraud with Best Wallet. You may rest assured knowing no hidden fees or fake tokens are at play.
1. Best Wallet: Best Overall for Buying Crypto with Prepaid Cards
Pros
Cons
Easy-to-use interface
No live support in the mobile app.
Supports multiple cryptocurrencies
The non-custodial nature places more security responsibility on you.
Strong security features (biometric authentication, 2FA)
Does not support NFTs.
Multi-chain support (Binance Smart Chain, Ethereum, Polygon)
MEXC might recognize certain prepaid cards. The software increases the possibility of finding lucrative trading opportunities by providing a wide range of digital currencies and trading pairings. MEXC helps users cut transaction costs by implementing competitive trading fees, often providing lower rates than competitor exchanges. Debit and credit cards are among the several payment methods that MEXC accepts. This feature makes it possible to buy cryptocurrencies directly using fiat money. The platform is well-known for its strong trading infrastructure and significant liquidity, making it appropriate for new and seasoned traders.
2. MEXC: Gateway to Seamless Credit Card Transactions
Pros
Cons
Wide selection of cryptocurrencies (over 2,800)
Limited fiat options for some users.
Competitive trading fees (often 0% for spot trading)
Not regulated by major financial bodies.
Supports various payment methods (credit cards, bank transfers)
Some users reported customer support issues.
High liquidity and robust trading infrastructure
Restricted in several countries, including the U.S. and Canada.
Margex does not directly support prepaid cards at the moment. You may be able to link Google Pay to the app to use prepaid cards. Margex accepts various payment options for speedy crypto acquisition, including credit and debit cards. Furthermore, Margex offers thorough market data and a strong order book with fair pricing that is unaffected by individual traders’ manipulation. Plus, Margex provides a free converter that lets customers swap different cryptocurrencies without paying extra costs. It’s necessary to remember that Margex is situated in the Seychelles and runs unregulated; it could worry some users.
3. Margex: Trade with Ease
Pros
Cons
Easy purchase process
Limited fiat support for withdrawals
Robust security
Regulatory concerns
User-friendly Interface
Withdrawal time limitations
Competitive fees
Spot trading not available
BloFin does not support prepaid cards. You’ll need a debit/credit card. BloFin offers several secure and easy-to-use features. You can buy cryptocurrencies with over 80 fiat currencies from different countries. BloFin provides an interface that both new and seasoned traders can use. BloFin puts security first by working with Fireblocks and Chainalysis and putting cutting-edge safeguards like Merkle Tree proof of reserves in place. These characteristics ensure accountability for handling reserves and protect your assets from online attacks. Since BloFin focuses mostly on crypto-to-crypto transactions, those seeking extensive fiat support may find it less appealing.
4. BloFin: Limited FIAT Support
Pros
Cons
Extensive fiat support for purchases
Limited fiat support for withdrawals
Advanced security measures
High leverage risks
User-friendly interface
Regional restrictions
Competitive trading Fees
Limited educational resources for beginners
Copy trading feature
Customer support delays
Supporting several payment methods, OKX is a useful platform for buying cryptocurrencies with a prepaid card. With the “Express Buy” feature, which accepts over 90 fiat currencies, cryptocurrencies can be bought with a prepaid card. Additionally, OKX has a user-friendly interface that makes navigating and managing your transactions easy. Futures, margin, and spot are among the trading options that the platform supports. You may find investigating more intricate trading techniques advantageous while working with OKX.
5. OKX: Low Card Fees
Pros
Cons
Wide range of payment options
Limited availability in some regions
User-friendly interface
Complex fee structure
Competitive fees
Security concerns in the past
Advanced trading features
Fiat withdrawal fees are not straightforward
Because of its easy-to-use interface, Binance is a dependable choice for using prepaid cards to buy cryptocurrencies. The application allows users to buy cryptocurrencies like Bitcoin and Ethereum using prepaid card transactions. This option is located under “Buy Crypto” on the website and the app. Binance uses a wide range of currencies. Almost every platform is compatible with this tool. Furthermore, the application’s architecture makes it easier to handle your transactions effectively.
6. Binance: Broad Support Spectrum
Pros
Cons
Easy purchase process
Regional restrictions
Advanced security measures
Limited customer support
User-friendly interface
Higher fees for some transactions
Wide range of supported currencies
Complex fee structure
Bybit offers an easy way to buy cryptocurrencies using prepaid cards. The “One-Click Buy” function makes purchasing cryptocurrencies like Ethereum or Bitcoin simple. Enter the order amount, select your cryptocurrency and fiat money, and then confirm the transaction. Bybit requires identity verification to ensure safe transactions and protect your money and account. It guarantees that all of your transactions will take place in a safe setting. The platform guarantees the secure processing of payments and has features for user authentication. Furthermore, Bybit offers a variety of trading choices, including derivatives and spot trading. Certain card linking and usage limitations, such as matching billing addresses, may surface.
7. ByBit: Cool Interface
Pros
Cons
Easy purchase process
Identity verification required
Robust security measures
Limited availability in some regions
Multiple trading options
Card linking requirements
Supports major payment cards
Potential for higher fees
Since KCEX does not accept direct fiat transactions, it is not the ideal software for buying cryptocurrencies with a prepaid card. You must transfer cryptocurrency from another exchange or wallet to start trading. KCEX provides advanced trading features and tools, including trading futures and spots with leverage up to 100x. The platform offers reasonable trading rates, including 0% fees for spot trading, and supports over 200 cryptocurrencies. In addition, KCEX offers 24/7 customer service and uses cold wallets to store assets. Consider looking into other marketplaces to buy cryptocurrencies directly with fiat money.
8. KCEX: No Direct Prepaid Card Support
Pros
Cons
Low trading fees
No direct fiat purchases
Robust security measures
Limited fiat support
User-friendly interface
High-leverage risks
Advanced trading tools
No KYC may raise concerns
PrimeXBT does not accept prepaid card deposits. It accepts credit card fiat deposits. In terms of deposits, it works with outside services that make buying cryptocurrency with bank cards possible. Additionally, PrimeXBT accepts fiat deposits via other platforms, including Perfect Money and AdvCash. To facilitate smooth account funding and expedite fiat transactions, PrimeXBT integrates third-party services. Because the platform is primarily intended for futures trading, users will speculate on the stock’s future price changes rather than owning the actual shares.
9. PrimeXBT: Purchase with Bank Cards
Pros
Cons
Supports credit card deposits
Does not support prepaid cards
User-friendly interface
Limited cryptocurrency options
Competitive fees for futures trading
Higher withdrawal fees for fiat
Robust security measures
Not available in all regions
BingX supports several prepaid cards. It is a centralized exchange that accepts various payment options, including Visa and Mastercard credit/debit cards. Adding money to your BingX profile with fiat money is simple. Please remember that not all regions have specific support for prepaid cards, so confirm if this option is available where you live. Copy trading, derivatives, and spot trading are just a few of the trading alternatives that BingX provides. This makes it suitable for both new and experienced traders. The software protects user funds by implementing security measures, including Proof of Funds certification and two-factor authentication. Although BingX is available in more than 150 countries, some areas, such as the United States and the UK, do not allow access.
10. BingX: Trading Made Easy
Pros
Cons
Generally supports fiat deposits via prepaid cards
Higher withdrawal fees for some currencies
Offers spot trading for immediate delivery
Requires KYC for fiat transactions
Provides copy trading features for beginners
Limited availability in certain regions
Offers robust security measures for user protection
Fiat deposits may take longer to process
KuCoin is a renowned exchange that offers an extensive selection of payment methods and currency combinations. The website and apps make it easy to utilize various prepaid cards for both cryptocurrency purchases and fiat cash deposits. Through the Fast Trade feature, you may purchase cryptocurrencies like Bitcoin and USDT with your Visa or Master credit card. Through the “Buy Crypto” link, users can access a variety of payment methods offered by the site, including bank transfers and several third-party services. Users can buy Bitcoin directly with their local currency thanks to the platform’s support for several fiat currencies, such as USD, EUR, and GBP.
11. KuCoin: Large Multi-currency Support
Pros
Cons
Generally supports prepaid card transactions
Requires advanced verification
Offers multiple fiat currency options
Charges a transaction fee for card deposits
Provides a user-friendly Fast Trade interface
Limited availability of certain features globally
Offers good security measures
May incur additional fees from card issuers
Top Platforms to Buy Crypto with Prepaid Card – Comparison
Not all the exchanges we discussed above support prepaid cards. However, these exchanges are usually compatible with credit or debit cards. Take a quick overview of the table below for their compatibility and other aspects. Check out how to buy crypto with debit card or credit card as well.
App
Compatibility with Prepaid Card
Fees
Supported Cryptos
Supported FIAT
User Experience
Security (Prepaid Card)
Notes
Best Wallet
Can be used via Google Pay
Low
BTC, ETH, BNB, XRP, ADA
USD, EUR, GBP, AUD
Intuitive
High
Great for multi-chain tradings
MEXC
Supported
Medium
1,600+ cryptos
USD, EUR, GBP, AUD, CAD
User-friendly
High
Wide range of cryptos supported
Margex
Not supported
Low
BTC, ETH, LTC, XRP, and others
USD, EUR, GBP
Advanced
N/A
Focused on leveraged trading
BloFin
Not supported
Medium
BTC, ETH, USDT, others
USD, EUR, GBP
Moderate
N/A
Limited FIAT support
OKX
Supported
Low-Medium
300+ cryptos
USD, EUR, GBP, AUD, CAD
Excellent
High
Strong security and features
Binance
Supported
Low
600+ cryptos
USD, EUR, GBP, AUD, CAD, JPY
Excellent
High
Supports Google Pay in some regions
ByBit
Supported
Low
BTC, ETH, USDT, others
USD, EUR, GBP, AUD
User-friendly
High
Great for derivatives trading
KCEX
Not supported
Medium
BTC, ETH, USDT, others
USD, EUR, GBP
Moderate
N/A
Limited FIAT options
PrimeXBT
Not supported
Low
BTC, ETH, LTC, XRP, others
USD, EUR, GBP
Advanced
N/A
Focused on leveraged trading
BingX
Supported
Low-Medium
200+ cryptos
USD, EUR, GBP, AUD, CAD
User-friendly
High
Good for spot and derivatives
KuCoin
Supported
Low
700+ cryptos
USD, EUR, GBP, AUD, CAD
Excellent
High
Wide range of cryptos and FIAT
Please note:
- Fees: Low = <1%, Medium = 1-3%, High = >3%.
- Security (Prepaid Card): High = Secure encryption and fraud protection, N/A = Not applicable.
- User Experience: Intuitive = Easy for beginners, Moderate = Some learning curve, Advanced = Complex features.
Buying Crypto with Prepaid Card – Pros and Cons
Using your prepaid card to purchase crypto can have both ups and downs. Quickly look at the pros and cons:
Pros
Cons
Widely available at retail stores and online and is easy to purchase without a traditional bank account. Handy for those without bank accounts.
Not as widely accepted as traditional payment methods, a limited number of platforms or exchanges lets you use them.
Helps control spending by limiting you to the amount loaded on the card. Prevents overspending and debt accumulation. Useful for managing crypto investments carefully and sticking to financial goals.
Limited to the funds loaded on the card, which may not be sufficient for larger purchases. Lower transaction limits compared to bank accounts can restrict the amount of crypto you can buy at once.
Adds an extra layer of protection as it isn’t linked to your bank account. More secure personal financial details from fraud and unauthorized transactions. You can register it under an assumed name to make tracking the owner’s real information difficult.
Reloading can be inconvenient and time-consuming compared to bank transfers.
Offers a degree of anonymity, especially when purchased with cash, as it doesn’t require sharing personal banking information. Using virtual cards as a decoy can further mask your real payment data.
May require registration or activation, which involves providing personal information, depending on where you buy the card. Federal KYC laws require you to submit identifying information to use or reload many prepaid cards.
Does not require credit card checks.
Often comes with various fees, including activation fees, transaction fees, and monthly maintenance fees, which can accumulate and reduce the value of your investment. Some platforms may charge higher fees compared to other payment methods.
Can be used for ATM withdrawals and are versatile for international travelers or everyday use. Some exchanges accept prepaid cards from VISA and Mastercard, making them a convenient option.
Buying Bitcoin with Prepaid Card vs PayPal vs Credit Card
If you plan to buy Bitcoin but cannot decide whether to use a Prepaid Card, PayPal, or a Credit Card, here’s a quick comparison table for you. New to PayPal? Check out how to buy crypto with PayPal while you’re at it.
| Feature | Prepaid Card | PayPal | Credit Card |
| Accessibility | Available at many retail stores without needing a bank account. | Requires a PayPal account. You can link it to a bank account, credit card, or debit card. | Requires a credit card, subject to credit approval. |
| Anonymity | Offers some anonymity, especially if purchased with cash. | Less anonymous, transactions link to your PayPal account | Least anonymous. Credit card purchases directly link to your personal financial information. |
| Fees | May have activation, transaction, or maintenance fees. | PayPal may charge fees for transactions, currency conversions, or withdrawals. | Interest charges appear if the balance remains unpaid. Some exchanges may charge extra fees for credit card transactions. |
| Spending Control | Limits spending to the amount loaded on the card. | Spending depends on the balance in your PayPal account or the credit limit of the linked card. | Allows spending up to the credit limit, which could lead to debt if not managed carefully. |
| Availability | Not all crypto exchanges accept prepaid cards. | Some exchanges accept PayPal and offer a familiar interface (same gateway) | Widely accepted on many crypto exchanges. |
| Speed | Transactions can be fast, depending on the exchange and card. | Transactions are generally fast. | Quick transaction processing |
| Risks | Risk of losing the card or the card details being compromised. | Risks include hacking and financial data compromisations. | Risk of credit card fraud and accumulating debt. |
| Considerations | Before purchasing, double-check that the card can be used for crypto purchases, as not all banks or cards allow transactions for cryptocurrencies. | There may be restrictions on transferring Bitcoin out of the platform when using PayPal. Ensure your bank supports crypto purchases, as some may have restrictions. Using a bank that is crypto-friendly can help streamline the buying process. | Ensure your bank supports crypto purchases, as some may have restrictions. Using a crypto-friendly bank can help streamline the buying process. Use reputable exchanges and enable two-factor authentication to keep your funds safe. |
Check out the best Bitcoin & crypto casinos for more ways of obtaining Bitcoin!
Key Considerations for Buying Crypto with Prepaid Card
Here are a few things to watch when using a prepaid card for crypto purchases.
Consideration
Details
Accessibility
Prepaid cards can be purchased at many retail stores and online. Anyone can buy crypto with these.
Acceptance
Not all crypto exchanges support prepaid cards, which limits the platforms where you can use them.
Fees
Using prepaid cards may incur fees, although no credit checks are required and no interest rates are incurred when buying crypto with a prepaid card.
Spending Control
Prepaid cards help you stay within your budget because they only let you spend what you’ve loaded onto them.
Privacy
Since the prepaid card is not directly linked to your personal bank account, it can help protect your financial information and reduce the risk of unauthorized access or fraud.
Funding Limitations
While you can use a prepaid card to deposit funds and buy crypto, some cards cannot be funded via online services or payment terminals for withdrawals. You may need to use another card to sell Bitcoin and withdraw money.
Conversion
Crypto prepaid cards usually convert cryptocurrency into fiat instantly. You can use the funds for purchases or ATM withdrawals. Convert cryptocurrency into fiat using a crypto platform or wallet that supports prepaid card integration.
Convenience
Using a prepaid card with cryptocurrencies allows you to sell and convert Bitcoin and other cryptocurrencies into euros safely, efficiently, and quickly. You can use the money deposited on the card for online or physical store purchases, withdraw cash from ATMs, and send/receive money from anywhere.
How To Buy Crypto with Prepaid Card – Conclusion
A prepaid card is not the best option for buying crypto, as many exchanges do not support them. They pose security issues, often come with additional fees, and are a hassle to reload. But if you already have a loaded prepaid card, Best Wallet is the most straightforward solution. Link it with your Google Pay, and you can buy the most popular tokens from its DEX.
