Phemex Blog
Phemex Crypto Blog: Learn the latest news, updates, and industry insights on bitcoin futures, bitcoin trading, crypto derivatives exchange, and related blockchain technology.
  1. Home
  2. Getting Started
  3. Buy/Sell Crypto
  4. How to Buy Crypto with Credit/Debit Card (App)?

How to Buy Crypto with Credit/Debit Card (App)?

Credit/Debit Cards represent a secure method of purchasing crypto, especially via Visa and Mastercard.

Here is a step-by-step guide on how to buy crypto with Credit/Debit Card:

  • Register or make sure you are logged into your Phemex account.
  • Go to the home page, click “Buy Crypto”.

NOTE: *Completion of KYC Identity Verification is mandatory for purchases via Credit/Debit Card.


1. Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can receive.


  • Only USDT purchase is supported, and supported fiat currencies are USD, CAD, EUR, CHF, AUD.
  • Your Card name must be consistent with your KYC Identity name on Phemex.
  • There is a transaction limit for Credit/Debit Card Payment. Min. amount per transaction is $100, Max. amount per transaction is $5,000、and Daily Cumulative transaction amount < $10,000.


2.Select payment channel, choose [Credit/Debit Card] and tap on Continue”. If you have not yet bound a card, then for security purposes you’ll need to make a 1 USDT purchase to first bind a card.  Click “Confirm”.

3. Enter your credit/debit card details.  Please note that you can only pay with credit/debit cards that are under your name. This means the cardholder name must be consistent with your KYC Identity Verification name on Phemex. Click “Pay”.

Note: You may be prompted to enter a 3D Secure code to verify the payment. 

4. After payment is completed, 1 USDT will have been deposited to your spot wallet and the card binding is successful.

5. After you successfully bind a card, you can buy crypto with it. Go back to the Buy Crypto home page, enter the amount you want to spend or receive. Click “Buy”.


6. After choosing a card you’ve bound or add a new card, tap on Continue” to confirm order information, then click “Confirm” .

7. Enter your credit card details (only CVV/CVC) and complete payment. The crypto amount will be deposited to your spot wallet. Click on “View Assets” to check your balance.

8. To view your order history, click on “Orders” in the upper righthand corner.

9.By clicking on “Payment Card” in the upper righthand corner, you can view card information as well as unbind or set default card.

If you have more questions, check out Frequently asked questions about Credit/Debit Card payment.

For any inquiries contact us at
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free

Was this article helpful?

Related Articles