Buy Bitcoin (and other crypto) in Kucoin exchange with a Credit Card.

How to buy Bitcoin, Ethereum, Litecoin or Ripple with a credit card.

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

How to pay LESS FEES for Bitcoin transactions

Bitcoin fees have been a hot topic for quite some time now. Ever since the first major congestion on the Bitcoin network occurred back in 2016 we have seen many complaints and a hard fork that came out of the ongoing debate regarding scaling and reducing the fees we pay for Bitcoin today. There was a time when Bitcoin’s fees were so minute that many turned to the digital currency for that very reason and naturally, as the digital cash became more and more popular and gained usability, the transactions grew to an all-time high (back in December of 2017) which also created a massive backlog in pending transactions, which subsequently created a competition in approving transactions and caused an insane spike in the fees for these transactions reaching at one point a whopping $60+ (on average) for a transaction.
This was for about a period of a month and a half during the notorious bubble burst post-December. Bitcoin had reached an all-time high not only in value but also in fees and it became very unattractive and costly to use it. Many businesses switched off (temporarily) their BTC payment option (Microsoft was one of the first) and for a moment we were unsure where the future of Bitcoin will lie if it’s no longer used as a payment method but then came the retraction and with it the fees went down very quickly so now we are paying on average $0.70 – $4.00 which is a far cry from the all-time highs. In fact, I pay about $0.07 for most of my transactions and I know how to “edit” or “customise” my fee with the help of Ledger Nano S, Jaxx, Blockchain and Coinomi wallets ( I use all of these).

To help explain how to do this, I recorded a few video tutorials, the process is super-simple, just have a look and stop paying high fees for your Bitcoin transactions, there is no need to. Did you know that someone managed to send more than 100 BTC recently for the fee of $0.06? Crazy right? It’s possible. See how here:

Lastly, check out the Ledger Nano S, it can store a large selection of coins and it’s a definite MUST HAVE. You can see my Tutorial HERE.Ledger Nano S - The secure hardware wallet