Kucoin exchange had an upgrade recently and one of the cool new features is that you can now buy crypto directly with your Credit Card.

The service is operated by a third party partner “Simplex” and incurs a fee of $10 and a 5% from the total amount you are exchanging. There is a minimum required, which is $50.00 and in this regard it is not too different to many of the other exchange services which may appear to have smaller fees but in effect provide you with a rate that is already at least 5% different to that of the current market rate while Kucoin is selling at the most current market rate which I find a better solution for larger amounts.

I have used services like Coinbase and Xapo in the past and their OTC rates were always 5% more expensive than the current market rates so this is why I think that Kucoin’s credit card purchase option is not expensive in comparison.

Here’s how to buy Bitcoin or other crypto with Kucoin.

  1. First you will need to sign-up with Kucoin so use this link to open an account.
  2. After completing a few simple registration steps which are quite intuitive and standard, you will be sent to your main page which is “Overview”. The navigation menu is on the left, the profile settings are in the top right corner, make sure you go through these and get familiar with the different options.
  3. The buy Crypto with a Credit Card option is on the left side of the page as you can see on this screenshot:


When you click on Buy Now, you will be sent to the page where you can choose the cryptocurrency, the amount you want to exchange and the fees will be displayed there so there’s no confusion as to what you will be charged.

By default you will see BTC (the symbol for Bitcoin) in the first bar but if you wish to buy Ethereum for instance, just use the drop-menu there (see the following screenshot). The current list of cryptos you can buy on Kucoin Exchange currently is: BTC (Bitcoin), ETH (Ethereum), LTC (Litecoin), XRP (Ripple) and BCHABC (Bitcoin Cash – this is different to Bitcoin, so do not get confused).


If you have not entered your credit card details prior to doing this exchange, you will be asked to do so in the next step.

After you make the purchase you also trade on the exchange for other coins or if you aren’t into trading and simply wanted to buy Bitcoin or other crypto and keep it for later, you should just withdraw it and move it into a safe storage, like a hardware wallet or any wallet of your choice. I personally don’t like to keep my holdings online and I use the Ledger Nano S for longer-term safe storing.

The Withdraw option is also in the left menu on the main website (see screenshot below). You will see a drop-down menu there too where you will select the cryptocurrency you wish to withdraw.


Select the relevant coin you are going to withdraw and you will see the detailed page where you need to enter the wallet address and the amount you are withdrawing.

If you have a mistake in the address, it is likely that you will be alerted about it but please make sure you triple-check your wallet address and the coin you are withdrawing and that it’s all correct because you don’t want to send Ethereum to a Bitcoin address or anything like that… it will just get lost (but most likely, Kucoin will alert you so you don’t make this mistake, see screenshot below).


This should be a fairly easy process and the first time could seem a little intimidating or complex so I suggest you test the waters with smaller amounts and once you see how things work and know that everything goes right, you can be bold and work with larger amounts. The fees aren’t too high to be worth the risk of working with large amounts from the first attempt.

Good luck and feel free to leave comments here or on my video tutorial for Kucoin Exchange where I explain the basic features and which you can find in this post.

I already mentioned that I am a huge fan of the Ledger Nano S device and have been using it to store my long-term crypto holdings for years now. It also supports Ripple which not many other devices provide storage for so check it out here:

Ledger Nano S - The secure hardware wallet

21 thoughts on “Buy Bitcoin (and other crypto) in Kucoin exchange with a Credit Card.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s