Buy Bitcoin
$300
~ 0 BTC
$500
~ 0 BTC
$1,000
~ 0 BTC
How to buy Bitcoin & Crypto with Varo Bank
Buying Bitcoin with Varo Bank is simple when you use CEX.IO’s secure and intuitive platform.
With a Varo debit card, you can move from everyday mobile banking to digital assets in just a few taps, whether you prefer entering your card details directly or paying through Apple Pay and Google Pay.
Once verified, your purchases settle instantly into your free CEX.IO Wallet, where you can trade Bitcoin for USD or other fiat and crypto currencies, manage your balance, and access hundreds of supported cryptocurrencies.
This guide walks you through how Varo works, how to buy crypto with Varo on CEX.IO, and what alternative payment methods you can use to fund your BTC purchase.
What is Varo Bank?
Varo Bank is a U.S. mobile banking platform offering FDIC-insured accounts, a fee-free debit card, early direct deposit, budgeting tools, and seamless money transfers. As an app-only institution, it provides checking and savings services without physical branches, making everyday banking simple and accessible for mobile-first users.
How to use Varo?
- Download the Varo app
- Open an account
- Verify your identity
- Add funds by direct deposit or card transfer
Once done, you can manage spending and payments through the Varo debit card or mobile wallet integrations.
How to buy Bitcoin with Varo Bank?
CEX.IO users can buy Bitcoin with Varo by using the Varo Bank debit card issued when they open an account. You can enter either your virtual or physical card details at checkout and complete your purchase through Instant Buy within minutes. Varo cards also connect easily to Google Pay and Apple Pay, allowing you to purchase crypto through supported mobile wallets on CEX.IO.
CEX.IO additionally supports the ability to buy Bitcoin with Cash App, giving Varo users another way to move funds between platforms and deposit through their preferred payment method.
Although Varo offers ACH transfers and wire payments, these rails are not supported on CEX.IO. The most intuitive route is to use your Varo debit card directly, or link it to Google Pay or Apple Pay for a fast and seamless Bitcoin purchase.
How to Buy Bitcoin at CEX.IO: a Step-by-Step Guide
At CEX.IO, you can buy Bitcoin with a Varo Bank debit card and turn your mobile banking balance into digital assets within minutes. Varo’s fee-free debit card is compatible with CEX.IO’s Instant Buy service, and you can also link it to Apple Pay or Google Pay for seamless contactless purchases where supported.
Below are the steps to buy Bitcoin with Varo Bank on CEX.IO.
Step 1: Create an Account and Verify
Before using your Varo Bank debit card on CEX.IO, you need a verified account. Verification activates card payments and mobile wallet processing, ensuring a secure environment for crypto purchases.
Here’s how to get started:
- Register through the CEX.IO App or website.
- Confirm your email to activate your profile.
- Begin identity verification by entering your personal information and address.
- Upload a valid passport, national ID, or driver’s license.
- Complete the guided selfie check and short questionnaire when required.
Once approved, your Varo debit card, and Apple Pay or Google Pay (if enabled), can be used instantly to buy Bitcoin on CEX.IO.
Step 2: Access Instant Buy
When verification is complete, you can buy BTC through Instant Buy, our fast and intuitive purchase tool.
To buy Bitcoin with your Varo Bank debit card:
- Log in to your CEX.IO account.
- Navigate to the Buy Cryptocurrency menu.
- Select your preferred fiat currency (USD, EUR, GBP).
- Enter the amount you want to spend.
- Choose BTC.
- Click Buy Crypto Instantly, then Select Payment Method.
- Pick credit/debit card.
- Enter your Varo Bank debit card details.
- Review your order and confirm the transaction.
Apple Pay and Google Pay can also be selected as gateways, where available, using the same steps.
Step 3: Receive BTC in your CEX.IO Wallet
Your Bitcoin typically arrives within moments after the transaction is approved. To view your BTC:
- Go to the Wallet tab from your dashboard or under the Products menu.
- Select Cryptocurrencies to see your new Bitcoin balance.
Every CEX.IO customer receives a free CEX.IO Wallet at registration. It lets you buy, sell, convert, trade, and securely store Bitcoin and more than 300 supported cryptocurrencies. Whether you prefer desktop or mobile, your BTC remains accessible and protected whenever you need it.
What Other Payment Methods can be used to buy Bitcoin on CEX.IO?
CEX.IO offers a wide range of payment methods to suit different regions, banking preferences, and card providers.
Whether you want to buy Bitcoin with a bank account, use a digital wallet like PayPal, Google Pay, or Apple Pay, or prefer cash-based services like MoneyGram, you can choose the method that best suits your needs. Below are the main alternatives for purchasing BTC on CEX.IO.
Buy Bitcoin with a Bank Account via Global and Local Transfers
CEX.IO supports several bank transfer rails that let you buy Bitcoin with a bank account via traditional wire transfers or local payment systems. Supported methods include SWIFT, SEPA, and Faster Payments.
Bank transfers suit users who want higher daily limits, predictable fees, and direct account-to-exchange funding. Depending on your currency and region, fees range from 0.1 percent (minimum 10 units) for SWIFT deposits to a fixed 2.99 percent for SEPA and Faster Payments. Withdrawals follow a similar structure, starting at 0.3 percent plus 25, with minimum thresholds applied.
However, bank account funding is not available for U.S.-based customers due to local restrictions. U.S. users should instead use supported cards or digital wallets such as PayPal, Apple Pay, or Google Pay.
Buy Bitcoin with PayPal, for U.S. Users Only
If you are in the United States, you can buy Bitcoin with PayPal on CEX.IO by linking a verified PayPal account and completing your purchase instantly.
PayPal (for U.S.-based users only) transactions allow U.S.-based customers to use bank cards stored in their PayPal wallet and check out securely without entering card numbers directly on CEX.IO.
Deposits start at 20 USD and reach 1,000 USD per day, with a 3.99% fee plus a 5 USD fee. Withdrawals range from 20 USD to 10,000 USD, with the same 3.99 percent plus 5 USD applied.
Compared with bank accounts, PayPal offers faster card-based funding and avoids wire processing times, making it ideal for users who prefer quick settlement or mobile-first payments.
Buy Bitcoin with MoneyGram for Cash-Based Funding
You can also buy Bitcoin with MoneyGram on CEX.IO, making it a suitable alternative for users who prefer cash-based transfers or want to avoid traditional banking rails.
After selecting MoneyGram as your payment method, CEX.IO generates a transfer order that you can complete in person at any participating MoneyGram location.
Daily limits range from 10 to 900 USDC, and both deposit and withdrawal commissions are 0 USDC, making MoneyGram a cost-efficient choice for eligible users who want predictable, in-person payments.
Buy Bitcoin with Google Pay for Seamless Mobile Checkout
Android users can buy Bitcoin with Google Pay by linking a bank card or their Varo Bank debit card to their Google Wallet and completing the purchase through our Instant Buy interface.
Google Pay transactions provide a fast, secure checkout experience without manually entering card details.
Google Pay deposits range from 20 to 1,000 USD per day, with commissions of 0.49 percent to 4.99 percent, plus a service charge, depending on the underlying card issuer. While withdrawals are not supported via Google Pay, users can withdraw to their Varo Bank card or other available methods afterward.
Google Pay is especially useful if you want a smoother mobile flow or prefer tokenized payments for added security.
Buy Bitcoin with Apple Pay Across iPhone, iPad, and Mac
CEX.IO also supports buying Bitcoin with Apple Pay, allowing you to link either your bank cards or your Varo Bank debit card to Apple Wallet. Apple Pay works through the CEX.IO App or on desktop, where users receive a QR code that routes the payment to their Apple Pay app for confirmation.
Apple Pay deposits range from 20 to 1,000 USD per day, with fees of 0.49 percent to 4.99 percent, plus a service charge, depending on the card network. Withdrawals are not supported via Apple Pay, but you can withdraw to your card or bank account through available methods.
Apple Pay offers a convenient payment experience for iOS users who prefer biometric authentication, encrypted transactions, and secure contactless payments.
FAQ
Can I buy Bitcoin with Varo Bank?
Yes. You can buy Bitcoin on CEX.IO using your Varo Bank debit card, whether you prefer entering your physical card details or using the virtual card found in your Varo app. You can also link your Varo card to Apple Pay or Google Pay and complete purchases through those wallets where supported. This gives Varo users multiple fast and secure ways to purchase BTC on CEX.IO.
Can Americans use Varo Bank?
Yes. Varo Bank is built specifically for U.S. customers, so Americans can open an account, receive a Varo debit card, and buy crypto with Varo in the U.S. on CEX.IO. While ACH and wire transfers are not supported on CEX.IO, U.S. users can still purchase Bitcoin instantly with their Varo debit card, or by linking it to Apple Pay or Google Pay, where eligible.
Is Varo Bank safe?
Yes. Varo Bank is considered safe because it operates as a nationally chartered U.S. bank with FDIC insurance on eligible deposits up to 250,000 USD. The app uses strong security measures, including encryption, biometric login, real-time alerts, and card-locking tools. While Varo itself does not support crypto transactions, its debit card provides a secure way to fund Bitcoin purchases on CEX.IO.
How to transfer crypto to Varo?
You cannot transfer crypto to Varo, because Varo Bank does not support cryptocurrency wallets or blockchain deposits. Varo only handles traditional fiat currencies through its checking and savings accounts. If you want to move the value of your crypto into Varo, you can sell crypto assets on CEX.IO, withdraw the proceeds to your Varo debit card, and manage the funds normally through your Varo Bank crypto–funded account balance.
Can I transfer BTC from CEX.IO to Varo?
No. You cannot transfer BTC from CEX.IO to Varo Bank directly, as Varo does not support cryptocurrency deposits or blockchain transactions. You can only withdraw crypto from CEX.IO to an external crypto wallet that holds digital assets.
If you want to move BTC into an account linked to Varo, you can transfer your Bitcoin to your Cash App wallet instead. Cash App and Varo work smoothly together, and both payment methods are accepted on CEX.IO. This makes it easy to move funds between services and complete your purchases using the method that best fits your needs.
What crypto can I buy with Varo Bank?
Users can buy Ethereum (ETH), stablecoins, and a wide selection of digital assets. CEX.IO lists more than 300 cryptocurrencies globally, although availability varies by region. For example, U.S.-based customers can access over 100 supported assets and trading pairs. Before making a purchase, it is best to check which cryptocurrencies are available in your area on CEX.IO.
How to withdraw Bitcoin on Varo?
You cannot withdraw Bitcoin directly to Varo Bank, because Varo does not support crypto wallets or blockchain transfers. Instead, you can sell BTC for cash on CEX.IO through Spot Trading or use CEX.IO Convert, which lets you exchange crypto to fiat or crypto to crypto in just a few clicks.
If you want to withdraw your Bitcoin as crypto, you can send it to an external wallet or move it to Cash App, which works seamlessly with Varo Bank for managing your funds afterward.
How to send Bitcoin on Varo to another wallet?
You cannot send Bitcoin from Varo, because Varo Bank does not support holding or transferring cryptocurrency. If you want to move BTC, you must use your CEX.IO Wallet, which allows secure transfers to any external Bitcoin address. You can also send BTC to Cash App, which is compatible with Varo Bank and gives you another convenient way to manage your crypto activity.
Can I buy crypto with Varo Bank no verification?
No. You cannot buy crypto on CEX.IO with Varo Bank unless you are verified. CEX.IO adheres to regulatory standards, so all users must complete identity verification before accessing card purchases, Apple Pay, Google Pay, or other payment methods. This process helps protect your account and prevents fraud.
Similarly, Varo Bank requires identity verification to open an account. Once both verifications are complete, you can securely use your Varo debit card to buy crypto on CEX.IO.