How to Buy Bitcoin in India with a Credit or Debit Card

In the early days of Bitcoin, cryptocurrency trading was limited to niche forums and tech-centric platforms. Today, purchasing Bitcoin with fiat is accessible through various payment methods, including credit and debit cards, bank transfers, and online wallets. To facilitate this, a trusted crypto exchange is essential, and CEX.IO provides all the necessary tools for secure and efficient transactions. The platform allows users to buy Bitcoin via market orders or set their own purchase price with limit orders.

CEX.IO supports multiple payment methods for buying cryptocurrencies. Whether you choose to pay with a credit card or via bank transfer, CEX.IO ensures a seamless experience. The platform combines competitive fees, intuitive navigation, and attractive pricing to deliver cost-effective trading conditions. Additionally, the straightforward purchase process eliminates uncertainty, making it easier for users to get started.

Note: New and existing U.K. customers must complete additional onboarding steps as required by the FCA, including customer categorisation, an appropriateness test, and a 24-hour cooling-off period.

How to Buy Bitcoin at CEX.IO: A Step-by-Step Guide

1. Registration: Start by entering a valid email address and creating a strong password. For added security, enable two-factor authentication. Please note that only one account per user is allowed. If you already have an account, simply log in to begin buying crypto.
2. Account Verification: Verification opens access to various payment methods and establishes new limits for deposits and withdrawals. Identity verification is required to make crypto purchases, including with credit or debit cards. U.K. customers must complete additional steps, including customer categorisation and appropriateness assessments.

For more details on payment options and verification limits, please visit our Limits and Commissions page.

Once your account is verified, you can buy and sell cryptocurrencies in several ways:

• Buy Crypto service
• Spot trading
• Convert feature

The Buy Crypto service is one of the fastest and most convenient ways to purchase Bitcoin at CEX.IO. Designed for simplicity, it allows you to buy Bitcoin using a debit or credit card.

To purchase Bitcoin with a debit card through the Buy Crypto service, follow these steps:

1. Select Bitcoin from the available cryptocurrencies list.
2. Choose the fiat currency you wish to use for the purchase.
3. Use a pre-calculated amount or enter a custom amount.
4. Verify a new payment card or select one you’ve already verified.
5. Review the details and confirm your purchase.

Once the transaction is confirmed, your Bitcoin will appear in your CEX.IO balance.

Buy Bitcoin with Credit/Debit Card or Bank Transfer

Bitcoin enthusiasts are always looking for the most convenient way to acquire more coins. Among the various options, using a credit or debit card is often the most attractive. At CEX.IO, you can use any Visa or Mastercard credit card issued in any currency. The platform will automatically convert the currency you use into supported fiat currencies.

CEX.IO also accepts several payment methods for bank transfers:

• SWIFT
• Faster Payments
• SEPA

If you are looking to buy small amounts of Bitcoin, using a card is more convenient. For larger purchases, a bank transfer may be more appropriate, although bank transfers typically take longer to process than card transactions. Please note that the bank transfer option is available only for customers with Address-level verification or higher.

The Best Places to Buy Bitcoin

Whether you plan to invest in crypto short-term or long-term, having a secure storage system is essential. Using a reputable online exchange is one of the most popular methods for buying and storing crypto assets. Here’s why many users choose CEX.IO:

• A wide selection of supported cryptocurrencies
• Access to additional crypto services, such as staking and savings
• Ability to store both fiat and cryptocurrencies in one wallet
• 24/7 market access
• Strong account protection with multi-factor authentication and password recovery options

Centralized exchanges like CEX.IO offer a clean, minimalist interface while maintaining a wide range of functionalities. Most centralized platforms also adhere to AML/KYC policies, reducing the risk of fraudulent activity. This adherence helps build trust with banks in key markets and discourages illegal transactions. As a result, centralized exchanges are commonly viewed as a reliable and affordable method for purchasing crypto, thanks to their high liquidity and security features.

Buy Bitcoin via a Reputable Exchange

CEX.IO was one of the pioneers in enabling fiat-to-crypto transactions through payment cards. Since our establishment in 2013, we have consistently adhered to industry standards and legal regulations governing cryptocurrency exchanges. For more information, you can check our current registrations and licenses on the Legal and Security page.

We utilize advanced security measures such as anti-DDoS protection, Level 1 PCI DSS compliance, two-factor authentication, and cold storage for customer funds. Additionally, CEX.IO maintains its status as a Money Services Business with FinCEN (U.S.).

More than just a crypto exchange, CEX.IO offers a comprehensive ecosystem of cryptocurrency services. With simple website navigation, users can easily access a range of features, including purchasing Bitcoin through various available payment methods.

Alternate Ways to Buy Bitcoin

While CEX.IO offers a straightforward platform for buying Bitcoin, there are several alternative methods available today:

Decentralized Exchanges (DEXs)

Decentralized exchanges (DEXs) are another option for obtaining cryptocurrencies. Unlike centralized exchanges, DEXs are not controlled by a single entity. They operate as protocols on blockchain networks that allow users to trade cryptocurrencies directly. DEXs typically utilize liquidity pools or order books to provide market liquidity and match buy and sell orders. These platforms tend to offer greater anonymity but do not support fiat-to-crypto transactions.

Bitcoin ATMs

Bitcoin ATMs have become a popular method for purchasing crypto in several countries. These machines operate similarly to regular ATMs but are not tied to any specific bank. Many trading platforms offer Bitcoin ATMs to attract new customers and foster the adoption of Bitcoin payments.

To buy Bitcoin through a Bitcoin ATM, locate one using Bitcoin ATM maps to find the nearest machine. Simply deposit cash or use a credit card, confirm the transaction, and the Bitcoin will be transferred to your wallet or a crypto exchange account. Some ATMs also allow you to purchase other cryptocurrencies such as Ripple (XRP) or Litecoin (LTC).

However, Bitcoin ATMs generally don’t display price charts, so it can be difficult to ensure you are buying at the optimal time. Additionally, the transaction fees and rental costs for ATM locations often make this method more expensive than buying Bitcoin online.

Peer-to-Peer (P2P) Platforms

Peer-to-peer platforms enable direct transactions between buyers and sellers. For example, someone with 1 BTC might place an order to exchange Bitcoin for fiat currency. These platforms function like a customer-to-customer (C2C) marketplace for cryptocurrencies, though they do not facilitate the exchange of goods or services.

Since Bitcoin transactions are irreversible, it’s essential to ensure that you receive payment before sending your Bitcoin. In these cases, the P2P platform acts as an intermediary to resolve disputes and protect against scams.

FAQ

Can I Buy and Sell Crypto at CEX.IO?

Yes. You can buy Bitcoin and a range of other cryptocurrencies at CEX.IO using the Buy Crypto service, available on both desktop and mobile platforms. Additionally, you can place market orders on the spot market, which will be executed accordingly. We offer advanced trading tools and proprietary software to ensure liquidity and tight spreads for optimal trading conditions.

How Can I Get Bitcoin at CEX.IO?

The most convenient way to buy Bitcoin on CEX.IO is via credit or debit cards. Card transactions are processed quickly when both CEX.IO and your bank's systems are functioning smoothly. Alternatively, you can purchase Bitcoin through bank transfers, online wallets, or by exchanging other cryptocurrencies.

Simply fund your account and choose the currency pair to purchase Bitcoin. The same applies when selling crypto.

Can I Buy Bitcoin Today and Sell It Tomorrow?

Yes. You can buy or sell Bitcoin 24/7 at CEX.IO. If you plan to make large deposits or withdrawals, ensure that your account verification level supports your transaction needs. You can check your transaction limits in the Verification section of the Profile menu.

Can I Buy Less Than 1 BTC?

Absolutely. You can specify the amount of fiat currency you wish to spend, and the platform will calculate the equivalent amount of Bitcoin. The minimum purchase is $20, allowing you to buy even a small fraction of Bitcoin. To stay informed of Bitcoin's current price fluctuations, refer to the price chart on our platform.

Do I Actually Own the Bitcoin I Buy at CEX.IO?

Yes, once you purchase Bitcoin, it will be transferred to your CEX.IO wallet. You can buy, sell, or withdraw your crypto at any time, as long as CEX.IO systems are fully operational (check our Status page for updates). Please note that CEX.IO is a custodial wallet provider, meaning we hold and manage your private keys on your behalf. As such, we are responsible for the security of your digital assets.

Please note: New and existing U.K. customers must complete additional onboarding steps as required by the FCA, including customer categorisation, an appropriateness test, and a 24-hour cooling-off period.