What’s the Difference Between Buying Crypto with Credit/Debit Card or Bank Transfer?

2022-12-15, 23:48

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![](https://gimg2.gateimg.com/image/1671147532996897052Twitter_en1.jpg)
**Introduction**
There are many ways you can buy cryptocurrency at Gate.io. You can choose to transact with other Gate users, through Gate officials, or through third party platforms authorized by Gate. We mainly offer two purchase methods: Credit/Debit Card or Bank Transfer.

**Direct Comparison**
![](https://gimg2.gateimg.com/image/1671147532813388947Twitter_en2.jpg)
Let's make a simple comparison between the two payment methods. Firstly, it is possible to purchase cryptocurrency directly with both methods, although the fees are higher to purchase with credit/debit cards, but the purchase with credit/debit cards is more convenient and faster than that of bank transfer. Also, the threshold for the use of credit/debit cards is slightly higher than that of bank transfer. In terms of availability, credit/debit cards will support more fiat currencies than bank transfer.

## Buying Crypto with Credit/Debit Card
**How to buy crypto with Credit/Debit Card**
Step 1: Log in to your Gate.io account ([completed KYC1](https://www.gate.io/learn/articles/what-is-kyc-2/103 "completed KYC1")) and click “Buy Crypto - Credit/Debit Card” on the homepage.

Step 2: Select the fiat currency and fill the fiat amount you want to use. Select the cryptocurrency you want to buy, then choose from one of our trusted Third-Party payment providers..

Step 3: Please read the Disclaimer before proceeding. By clicking “Continue” after reading the Disclaimer, you will be redirected to the Third-Party page to complete the payment. **Please note. This is a secure transfer to our Third-Parties page, your data and transaction are secure at all times.**

Step 4: Continue onThird-Party page to complete your purchase. (In some cases you will need to complete KYC on the Third-Parties page.)

Step 5: You then can view your order by clicking “Order History”.

If you want to check the details on how to purchase crypto with credit/debit card, please check the link below:https://www.gate.io/article/28915

**Supported cryptocurrencies and fiat currencies**
Credit/Debit Card at Gate.io has supported 80+ fiat currencies and 140+ crypto currencies, therefore providing you with several choices to make the payment.

**What are the benefits?**
Secure: High security and privacy are ensured by Gate.io, and all accounts need to be verified by KYC1 before purchase.

Efficient: Very efficient way to buy crypto, simple and fast. You only need to enter your credit/debit card information to complete the purchase.

Multiple options: We offer a variety of fiat currencies and cryptocurrencies for you to choose from. You can replace the currency types according to your needs.

## Buying Crypto through Bank Transfer
**How to buy crypto through bank transfer**
Step 1: Log in to your Gate.io account ([completed KYC1](https://www.gate.io/learn/articles/what-is-kyc-2/103http:// "completed KYC1")) and click “Buy Crypto - Bank Transfer” on the homepage.

Step 2: Select the fiat currency and fill the fiat amount you want to use. Select the cryptocurrency you want to buy, then you may choose from one of our trusted Third-Party payment providers.a payment channel you prefer.

Step 4: Continue on the Third-Party page to complete your purchase. (In some cases you will need to complete KYC on the Third-Parties page.)

Step 5: You then can view your order by clicking “Order History”.

If you want to check the details on how to purchase crypto with bank transfer, please check the link below: https://www.gate.io/article/28916

**Supported cryptocurrencies and fiat currencies**
Bank Transfer at Gate.io has supported 18 fiat currencies and 140+ crypto currencies, therefore providing you with several choices to make the payment.

**What are the benefits?**
Secure: High security and privacy are ensured by Gate.io , and all accounts need to be verified by KYC1 before purchase.

Efficient: Very efficient way to buy crypto, simple and convenient. You can purchase crypto simply by making a bank transfer.

Multiple options: We offer a variety of fiat currencies and cryptocurrency for you to choose from. You can replace the currency types according to your needs.

**Ending**
In conclusion, both of these methods are very convenient, simple and most importantly secure. Westrongly recommend you choose the method according to your own needs.

Have a great journey at Gate.io!

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