As a Bitfinex user, you can buy cryptocurrency through different ways, such as simply making an exchange trade with the funds on your account. You can learn more about the process in our Beginner's Guide to Bitfinex. Alternatively, you can buy cryptocurrencies through:
Payment cards (credit and/or debit cards);
Instant payment method for Euros through on-ramp services.
How to buy crypto on Bitfinex with a payment card
On Bitfinex, you can purchase cryptocurrencies directly from an integrated third-party service using a payment card such as a credit card or a debit card. Supported payment cards include MasterCard and Visa.
Notes:
Using payment cards on Bitfinex or using SEPA is a process that is finalised through third parties, Mercuryo, and Simplex.
PIX users can use the third-party service of SWAPX.
What crypto can be purchased with a credit/debit card through on-ramp services
Important: The available tokens for purchase will depend on the verification level of your Bitfinex account.
Mercuryo:
Cryptocurrencies:
|
|
Fiat:
United States Dollar (USD), Pound Sterling (GBP) and Euro (EUR).
Notes:
If you are Basic Plus verified, then you will only have access to Mercuryo and Simplex, which will run their own verification process.
Mercuryo supports MasterCard and Visa.
Simplex:
Cryptocurrencies:
|
|
Fiat:
United States Dollar (USD), Pound Sterling (GBP) and Euro (EUR).
Notes:
If you are Basic Plus verified, then you will only have access to Simplex and Mercuryo, which will run their own verification process.
Simplex only supports MasterCard and Visa cards.
SWAPX:
Cryptocurrencies:
USDT0 on Polygon (USDT0POL)
Fiat:
BRL
Note: To use SWAPX as an option, you must verify your Bitfinex account to at least a Basic Plus, be a Brazilian resident, and have a CPF/CPNJ number. The fee is 0.75%.
Limitations:
Minimum:
For any transaction - R$ 5
Maximum:
For any transaction - 10k USD equivalent of R$
Total daily per user- 10k USD equivalent of R$
Total monthly per user - 100k USD equivalent of R$
How to buy crypto with a debit/credit card or instant payment
1. Go to your Wallet page, select Deposits > Credit/Debit Card.
2. Select Mercuryo or Simplex for payment card options.
Note: You need to have Basic Plus verified level, to have access to Mercuryo and Simplex.
3. Select the currency you would like to buy from the drop-down list.
4. Select the destination Bitfinex wallet you would like the funds to be deposited, enter the deposit amount, generate a new address if needed and select Continue.
5. Accept the Terms of Service of the third party processor you have chosen and then you will be redirected to the processor to finalise the payment.
6. Complete the payment, and you will be redirected back to Bitfinex to confirm that the process was successful, and your purchase will be credited to your Bitfinex account.
What are the fees and the transaction limits
As payment card transactions are done through the third parties Mercuryo and Simplex, please inquire with the relevant platform about any ensuing fees. Also, inquire with them directly about the maximum and minimum transaction amounts.
Important: Fees will vary depending on banks and countries.
Note: If you are looking for a ON/OFF ramp for SEPA jurisdiction accounts please check the article Wire deposit and withdrawal with OpenPayd on Bitfinex
If you have any questions about purchasing cryptocurrencies through Bitfinex, please contact our Bitfinex Support.