How to Buy Crypto with a Credit or Debit Card
Purchase cryptocurrency instantly using your Visa or Mastercard through one of four integrated fiat payment providers.
Card purchases are the fastest way in and the most expensive. A third-party provider handles the payment and sets its own fee and rate, which is why the amount of crypto you receive differs between providers for the same charge. Compare the quote, not the headline fee. Compare the amount of crypto you will receive, not the fee percentage. Two providers quoting the same fee can deliver noticeably different amounts once each one's spread is inside the rate.
Before you start
- Identity verification completed.
- A card in your own name that your bank permits for crypto — many decline it by default.
Open the Fiat Gateway
Navigate to Products > Fiat Gateway or tap 'Buy Crypto' from the home dashboard. The fiat gateway connects you with regulated payment providers to purchase crypto using traditional payment methods.
Select the Cryptocurrency and Amount
Choose the crypto you want to buy (e.g., BTC, ETH, USDT) and enter the fiat amount. Midas compares every payment provider that can serve your country and shows you the best rate.
Choose a Payment Provider
Compare quotes from different providers. Each shows the exchange rate, fees, and total cost. Rates and fees vary by provider, payment method, and region. Select the provider offering the best overall value.
Complete the Payment
You will be redirected to the provider's secure payment page. Enter your card details, billing address, and complete any required identity verification (first-time purchases may require additional verification with the provider). Confirm the payment.
Receive Your Crypto
After payment confirmation, the purchased cryptocurrency is deposited directly into your Midas Spot wallet. Processing time varies by provider but is typically under 10 minutes. Check your wallet balance and transaction history for confirmation.
If something goes wrong
- The card was declined.
- Most declines come from the issuing bank rather than the provider. Call them, or use bank transfer, which they treat differently.
- The crypto has not arrived after payment.
- Provider checks can hold a first purchase for review. The order status in the fiat gateway shows where it is.
- You received less than expected.
- The provider's spread sits inside the quoted rate on top of the visible fee. The quote before confirmation is the honest number.
- Two providers show very different amounts for the same charge.
- Each sets its own spread on top of the visible fee. The received amount at the quote screen is the only number that compares them honestly.
Frequently asked questions
- Why is card so much more expensive?
- Card networks price chargeback risk into every crypto purchase, and the provider adds its margin. Bank transfer avoids most of that.
- Is my card stored by Midas?
- The payment is handled by the provider, not by Midas.
- Can I use somebody else's card?
- No. The card has to match the verified account holder, and mismatches are refused.
- Can I use a prepaid card?
- Some providers accept them, many do not, and 3-D Secure support is usually the deciding factor. The provider's own terms are definitive.
- Why was I asked to verify with the provider as well?
- The provider is a separate regulated business and runs its own checks. Passing Midas verification does not exempt you from theirs.