How To Buy Crypto With Fiat Currency?

When it comes to buying cryptocurrencies with fiat, customers and investors today have a lot of choice. There are numerous well-established and trusted exchanges, such as ChangeNOW, where you can purchase crypto with hard-earned fiat currencies.

When it comes to buying cryptocurrencies with fiat, customers and investors today have a lot of choice. There are numerous well-established and trusted exchanges, such as ChangeNOW, where you can purchase crypto with hard-earned fiat currencies.

If you’ve never done this before, you might be wondering what the difference is: what does crypto vs fiat mean?

In a nutshell, a fiat currency is a national or regional currency, such as US$, GBP£, and Euros. Central banks produce and regulate this currency (for instance, the Bank of England, European Central Bank, and US Federal Reserve).

Most countries have some sort of central bank to stabilise, control and regulate their countries (or regions, as is the case with the EU) fiat currency. These currencies are traded openly on stock markets and currency exchanges, which impacts the value of these currencies around the world, and therefore what people can buy with the equivalent of their national currency in another country (also known as spending power, or in economic terms, purchasing power parity).

Cryptocurrencies, on the other hand, such as Bitcoin (BTC), which was the first ever digital currency, and Ether (ETH) and thousands of others, are not tied to a particular country, region, central banking system. Nor are they affected by the state of national economies, in the traditional sense. Because of how they were created, they’re decentralized, and allow for highly secure, anonymous transactions.

So when it comes to buying crypto, when you convert crypto to USD, and the other way round, you are converting a fiat currency for a digital/virtual one. No matter how much you convert one way, you can always convert it back the other way. If you’re investing, however, never invest more than you can afford to lose. 

Now, let’s look a little closer at the best fiat-to-crypto exchange, and how to quickly buy crypto with fiat currencies.

What Are Crypto Exchanges That Accept USD?

Most crypto exchanges accept the world’s most popular, well-used fiat currencies, such as US$, GBP£, and Euros. Many accept numerous others, given the global popularity of crypto, and demand for it from consumers and investors around the world.

As interest in crypto increases, more people than ever are putting money into it, either simply to see what they get back from a small investment, or to actively trade numerous currencies, swap them quickly, to benefit from price fluctuations, and markets moving, as they inevitably do.

One of the factors driving continued interest and investment in crypto is positive and sustained  price movements. Bitcoin, for example, is trading at around $54,000. ETH is around $2,740. Prices have remained positive and surges have continued long past the sort of timescales previous rallies have managed, giving investors everywhere increased confidence in cryptocurrency.

For those wanting to buy crypto — who’ve maybe not done this before — or wondering, “the cheapest way to get bitcoins?”, we take a look at a range of crypto exchanges.

#1: ChangeNOW

ChangeNOW is a cryptocurrency exchange; this is where you can buy Bitcoin or any number of cryptocurrencies with a debit or credit card, using USD$ and numerous other currencies.

All you need is a minimum of $2.00 to spend on any cryptocurrency of your choice, to initiate a purchase. Purchasing crypto means you’ve exchanged fiat for whichever cryptocurrency you want to buy; which also means you can swap one type for numerous others (e.g. BTC for ETH).

Advantages of using ChangeNOW include:

•    Limitless Exchanges. We offer exchanges using either the fixed or classic rate exchange option. All you need is a minimum of $2 worth in any cryptocurrency, and to know which coin you want to exchange it for. Classic exchange means that what you get after the exchange might not be what you expect, as it could be more or less depending on how prices fluctuate during the exchange. Whereas, fixed means you’ll get exactly what you expect, but fees are slightly higher.  

    •    Fast. Most exchanges happen in under 2 minutes, making it ideal as the quickest way to get Bitcoin, and numerous other cryptocurrencies.

    •    Secure. ChangeNOW is a non-custodial service, you don't need to register and we don't control or store any crypto that goes through the exchange. ChangeNOW and the partners we work with, such as Simplex, ensure security through strict AML compliance, encryption, regular service quality upgrades, and community involvement.

    •    Buy Bitcoin with lower fees (and other cryptocurrencies), for every exchange. As one of the cheapest places to buy Bitcoins, we work with multiple cryptocurrency trading platforms and exchange partners to guarantee the best rates to our clients.

#2: Coinbase

Coinbase is another popular crypto exchange, with fixed fee options for credit or debit card crypto purchases. It gives users a 48-hour withdrawal cancellation, to reduce the risk of fraud. Compared to others, it is more expensive, which is why some people wonder, “why is Coinbase so expensive?”

When it comes to Coinbase alternatives, there are several, including ChangeNOW, and Binance, as another example.

#3: Binance

Binance is a Coinbase alternative that allows you to buy Bitcoin with lower fees, whether fixed or classic rate, using a credit, debit card, or other means of payment.

When picking any crypto exchange, you need to think about a number of factors, such as security, speed, fees, the minimum you need to spend, how trustworthy the exchange is, the customer reviews. Exchanges these days are well-established, and many allow for instant fiat-to-crypto transactions, alongside the ability to withdraw fiat from crypto.

Many are also competing on price and the level of support provided. Customers need to know what they put in is secure, and they’re not being charged too much for every transaction. Naturally, we deem ChangeNOW to be the best platform for quick and cost-effective fiat to crypto exchanges.

Are you looking to invest in cryptocurrency, or implement fast and safe crypto swaps? 

On ChangeNOW, you can buy any cryptocurrency with a credit or debit card, and sell or swap currencies, and exchange whatever you’ve swapped back into fiat currency, if you want. 

Get started today! 

Disclaimer:  ChangeNOW does not provide investment advice. Cryptocurrencies are currently unregulated, which means every time you invest, your capital is at risk. Past performance is not an indication of guaranteed future price increases. 

However, we put every effort into ensuring every transaction and exchange is secure, internally and working with partners, such as Simplex. ChangeNOW seeks to maintain accountability to its customers, employees, and the broad crypto community. We do it through strict AML compliance, social change encouragement, regular service quality upgrades, and community involvement.

Market
Exchange Crypto
icon-btc
BTC

    No matches were found for your query

  • 1 BTC ~ 0 ETHExpected rate
  • No hidden fees
Loader Icon
icon-eth
ETH

    No matches were found for your query