How to Buy Bitcoin Instantly with Prepaid Card (Guide)

This is the definitive guide to buying crypto with prepaid cards. Find out how to buy bitcoin with prepaid cards in 2022.

As Bitcoin grows in popularity, it is becoming increasingly accessible. But many exchanges still require you to enter personal information or link a bank account. For those who want anonymity or don’t have access to traditional banking, buying Bitcoin with a prepaid card is an appealing alternative. Discover how to buy Bitcoin with prepaid cards.

How to Use Prepaid Cards to Buy Cryptocurrency

The process of how to buy crypto with prepaid cards is nearly identical to buying crypto with any other payment method.

  1. Choose a safe, reputable exchange or local seller that accepts prepaid cards.
  2. Create an account on your exchange of choice.
  3. Use your prepaid card to deposit funds into your account. This will likely be the same process as depositing with a credit or debit card.
  4. Search for Bitcoin or the cryptocurrency you want to buy.
  5. Select “Open Trade” or similar and enter how much you want to buy.
  6. Select “Confirm” or similar.

As long as you follow the steps above, you should be able to buy Bitcoin with a prepaid card.

How to Buy Bitcoins Instantly with Prepaid Cards without Verification

Decentralized exchanges and local bitcoin sellers are the first and most common ways to buy bitcoin with a prepaid card and without verification. There are a number of brands that allow people to purchase bitcoin via their P2P marketplaces. LocalBitcoins, or Paxful for example, is a service that helps people buy bitcoin from local sellers. You can pay the local seller with your prepaid card, and he will transfer the bitcoin to the wallet address you provided. Check out the exchanges from’s own list.

Metamask is a decentralized wallet that doesn’t require KYC or other verifications. Simply create an account and receive your wallet address. Provide this address to a local seller to get bitcoins.

Where will you exchange or day trade bitcoin?

Uniswap or 1inch are decentralized exchanges you can use instead of Binance or Coinbase. These exchanges do not require account creation or verification. All you need to do is connect your Metamask wallet to these exchanges and exchange your bitcoins.

As mentioned, there are a few main reasons people may want to buy Bitcoin with prepaid cards. The most common reasons include:

  • Anonymity
  • Lack of traditional bank account, such as a credit or debit card or savings account
  • Concern about the security of entering banking or credit card details

Anonymity is among the biggest concerns. But if you choose to buy Bitcoins with prepaid Visa cards to stay anonymous, you also likely want to skip the verification process on many exchanges.

This can be a challenge because many of the major cryptocurrency exchanges require you to verify your identity before buying crypto. The main exceptions to this rule tend to be crypto-to-crypto exchanges. But if you want to buy with a prepaid card, you need an exchange that lets you buy crypto using fiat.

The good news is that a handful of exchanges don’t require verification, although these are rarer.  Keep in mind that these exchanges will typically limit the amount of Bitcoin you can buy without verification. They also may not accept users from every country; it depends on your country’s regulations.

If you can’t find an exchange that lets you pay with a prepaid card and skip verification, you can also opt for a peer-to-peer marketplace. Those can connect you with someone who will sell you crypto in exchange for payment via a prepaid card.

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Pros and Cons of Using a Prepaid Card for Buying Bitcoin

We’ve already discussed why people want to buy crypto with prepaid cards, but there are more pros and cons to be aware of.


  • Prepaid card purchases are instant. Some other methods, like wire transfers, are not.
  • It makes buying crypto accessible.
  • You won’t accidentally spend more than what’s on your card.
  • Hackers or cybercriminals can access only what’s on your card, limiting your risk of credit or debit card theft or fraud.
  • You don’t have to provide personal information.


  • You will likely have to pay higher fees.
  • There are limited options for buying crypto with prepaid cards, especially if you don’t want to verify your account.
  • You may have a limit to the amount of Bitcoin you can buy with this method.

Withdrawing Bitcoin from a Brokerage Account

Anyone who trades or invests in crypto will tell you that it is smart to avoid leaving excess crypto on exchanges. This reduces the risk of losing cryptocurrency due to hackers. Additionally, if you want to spend the crypto, invest it, or put it in a crypto savings account, you will first need to withdraw it.

The process should be straightforward and will depend slightly on your goal. If you want to keep your money in cryptocurrency, then you can usually just enter a wallet address and transfer your crypto. This may not require account verification, letting you maintain your anonymity.

If you want to withdraw your profits in fiat, you will first have to sell the crypto for fiat. You would do this like any other transaction on the exchange. Then, you can select “Withdraw” from within your account settings. You may be able to choose your withdrawal method, but there may be restrictions.

Safety and Security When Buying Bitcoin with Prepaid Cards

As mentioned, many people choose to use prepaid cards to buy Bitcoin for the security aspect. If your prepaid card information gets stolen, there is a maximum that the hackers can steal. They won’t have access to your bank account or credit card. And you won’t have to replace your cards.

But you also want to consider safety from the cryptocurrency perspective. To start, always make sure you choose a reputable exchange. Some scammers pretend to create exchanges but really just steal your money. Avoid this by always researching an exchange before using it to confirm it is legitimate.

Remember that exchanges are more likely to be targeted by hackers than your crypto wallet. As such, you should withdraw any crypto you aren’t actively trading to your private wallet.

Buying Bitcoin Anonymously with Prepaid Cards

Many people take advantage of prepaid cards to buy Bitcoin anonymously. You can easily go to a local supermarket or bank and get a prepaid Visa or MasterCard. Then, choose an exchange that doesn’t require verification. The process is straightforward and can preserve your anonymity.


Where Can I Buy Bitcoin with a Prepaid Card?

Some exchanges that accept prepaid cards include Paxful, Coinbase,, Coinmama, and Bitpanda.

How to Buy Bitcoin Instantly with a Prepaid Card?

Just choose an exchange that accepts prepaid cards, register and deposit funds, and buy your crypto.

Is It Safe to Buy Bitcoin with a Prepaid Card?

Yes, it is safe, as long as you choose a reputable exchange.

What Brokers Accept Prepaid Cards for Buying Bitcoin?

Bitpanda, Paxful, Coinbase,, and Coinmama all accept prepaid cards.

What Are the Advantages of Buying Bitcoin with a Prepaid Card?

Buying Bitcoin with a prepaid card is anonymous and limits your financial risk from hackers. It also makes crypto more accessible to those without bank accounts or credit cards.

Exchanges that Allow Prepaid Cards

As mentioned, Bitpanda, Coinbase,, Coinmama, and Paxful allow prepaid cards.

Applying for a Bitcoin Debit Card

You can apply for a Bitcoin debit card to use your cryptocurrency in daily transactions anywhere that accept credit cards.

How Do I Get a Bitcoin Debit Card?

Coinbase Visa is the most popular Bitcoin debit card. Other options include those from BitPay,, BlockFi, and Binance. Each will have a simple application and account opening process.


Once you buy your crypto, you can use it however you want, including to earn interest. Haru Invest, for example, lets you earn daily interest on your Bitcoin.

Earn interest on Bitcoin!


All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.
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