Top Crypto Sites Accepting Mastercard for Deposits
Mastercard is one of the three most used fiat based deposit methods into crypto sites, next to Visa. Many customers also use cryptocurrencies for deposits. Among the debit cards, VISA and Mastercard are the two giants for buying Bitcoin, Ethereum or other crypto pairs.
You can easily experience the crypto world with Mastercard, the safe and easy way to pay for ETH, Solana, Bitcoin or any other cryptocurrency of your choice. Just select one of the top ratedcrypto exchanges, platforms and brokers below to get started.
Top 36 sites for buying, selling and trading crypto with Mastercard
This is the toplist with the best sites to buy, sell or trade cryptocurrencies with Mastercard . To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button.
KuCoin One of the exchanges available in most places around the world, with among the lowest fees and among the best compatibility for transfers between various blockchains.
We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.
Top 100 crypto casinos with support for Mastercard
This is the toplist with the best sites to buy, sell or trade cryptocurrencies with Mastercard . To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button.
1
Wild Casino Want to win big bucks baby? Then play to win on Wild Coins AG!
Lucky Treasure Try your luck at Lucky Treasure, trust us it really is a pleasure! One of the better crypto casinos for part of the North American market.
Bitcoin Casino IO Get your withdrawls within 5 minutes at super popular Bitcoin Casino IO, that also accept ETH, USDT, Dogecoin and other crypto coins.
Axe Casino Challenge your Luck, says Axe Casino. With super many games with high return to player (RTP), it is a good slogan for this crypto casino sit
Haz Casino Haz Casino provides a combination of the best deposit options and over 6000 games from leading software providers. Excellent casino bonuses.
Mastercard is an American-based company that plays an important role in the global financial industry. The company is popular for providing services such as payment processing in banks using debit and credit cards. All cards carry the brand name “MasterCard-,” making them eligible for all transactions and services from the company.
Advantages of Mastercard
+Mastercard is one of few highly acceptable forms of payment globally.
+It offers contactless payment options such as the Mastercard-PayPass.
+Mastercard offer instant deposits.
+Most crypto brokers, exchanges and platforms offer this secure payment channel.
Disadvantages of Mastercard
-There might be a 3% transaction fees from some banks that provides Mastercard.
-High-interest charges when using their credit card.
-All countries don’t support crypto deposits with Mastercard.
What is Mastercard?
It is an international payment technology that allows consumers, organizations, and businesses to make payments electronically. It offers debit, credit, prepaid and commercial cards to users. It accepts more than 150 currencies and is available in more than 200 countries worldwide.
The company provides different payment products to card issuers, such as banks that create and approve account holders, accept deposits, and make pricing decisions. After approval, the cardholders can use these products to make payments in stores that accept paperless payments.
The company’s main function is to authorize and clear payments made using debit and credit cards. Its main source of revenue comes from the fees charged during transactions made using the cards.
Mastercard crypto deposits
One can use the Mastercard payment options on almost any cryptocurrency site that accepts card payments. Here is a systematic guide on how to make online crypto payments with Mastercard:
1. Select Mastercard on the list of deposit methods.
2. Type the 16 number digit located on the front part of your card.
3. Enter the Expiry date for the card.
4. Locate the four-digit CVV number at the back of the card that authorizes the use of the card.
5. Finalize the transaction with the most preferred verification method, such as biometrics or pin code on your mobile device.
Costs with Mastercard
The cost involved when using a Mastercard deposit depends on the agreement between the cardholder and the issuer. Deposits made through the Mastercard-network go through five main participants: Mastercard-, bank, merchant, cardholder, and the acquirer.
The charges depend on the agreement between the merchant and the cardholder. The company imposes a switching fee to the bank, which determines the amount incurred by the cardholder and what the card issuer earns. The issuer plays an important role in authorizing the payment and making deposits to the merchant’s bank account.
Mastercard-holders incur three main types of fees that include annual membership fee and foreign currency charges.
Transaction Speed for Mastercard
The company claims to own a payment network that handles an average of 5000 transactions per second. Transactions made using Mastercard- happen within seconds, and payments reflect on the receiver’s account in less than one minute.
Despite the numerous benefits offered by Mastercard-, most people prefer using it due to the fast transaction speeds. It provides a reliable and safe way to make deposits within the shortest period. The payment processor deducts the required amount of money approved by the cardholder.
Which are the Main Countries where Mastercard is used?
It is accepted in most countries around the globe. Australia, Brazil, Estonia, Finland, Germany, Nigeria, Ukraine, United Kingdom and U.S and are some of the most popular countries. People living in India cannot use the card after the recent ban. The Indian government claimed that the company did not comply with the data storage rules that require foreign payment networks to keep data within the country.
Can you use Mastercard for withdrawals as well?
Most electronic payment systems are applicable only for deposits. For one to withdraw, they may need to convert the money to crypto or use other methods such as bank transfers. The card holders can withdraw money from the ATM, but rarely from crypto sites. More common methods for withdrawals include taking out the money in crypto or by doing a withdrawal to your bank account.
Reputation of Mastercard
According to the company, there are more than 1.46 billion users globally. Due to its popularity, the number is likely to increase in the next few years. Despite not being a Mastercard-user, most of my close friends use Mastercard- as their most preferred payment network. Several other alternatives exist in the market, such as Visa and American Express.
FAQ
Here are some of the most frequently asked questions about Mastercard usage on cryptocurrency sites.
Is it safe to use Mastercard for cryptocurrencies?
It offers a secure platform for making deposits and payments. However, one may face huge risks by using the card to make payments on untrustworthy sites. You can find secure crypto sites that accept Mastercard at cryptolist.com.
How do I set up Mastercard?
Mastercard Inc does not play the role of issuing debit and credit cards. Financial institutions such as banks allow account holders to apply for a the card from the bank. Go to your bank and ask for a Mastercard, and they will likely give it to you.
Is Mastercard Instant?
The card provides a quick and easy form of make deposits into crypto sites. Payments made using the card tend to take a few seconds to complete.
When was Mastercard founded?
The company was established in 1966 after a group of financial companies merged to produce Mastercard to compete with BankAmericard.
Where is the Mother Company Based?
Mastercard’s- parent company is located in California in the United States.
Newsflash
Tether transactions volume outpaces both Visa and Mastercard Sunday, 15 Jan 2023 4:01 pm
The biggest stablecoin in the world, Tether (UDST), has surprised many in the traditional finance space by outpacing both Mastercard and Visa when it comes to sheer volume of transactions settled. 2022 saw Tether process $18.2tn, with Mastercard and Visa weighing in at $14.1tn and $7.7tn respectively. Want to enter the crypto marker with a fiat-backed stablecoin? You can't go far wrong with USDT. Buy it by signing up for MEXC Global now!
Polygon and Mastercard team up to host Web3 musician event Sunday, 8 Jan 2023 10:08 am
The Polygon network has partnered with payments giant Mastercard to host an exlusive artistic event. The 'Mastercard Artist Accelerator' is an innovative Web3 focused event that hopes to inspire a new generation of musicians using blockchain technology. This includes the creation and minting of new NFTs. In related news, the native MATIC token Polygon’s increased 3% in the 24 hours following the news... Read the full newsflash
Mastercard partners with BitOasis to launch new crypto card Tuesday, 25 Oct 2022 5:01 pm
A partership between Dubai-based crypto exchange BitOasis and Mastercard will see new cards launched that will initially target target users in the Middle East and North Africa. With the MENA a key region of crypto adoption, the cards will help customers purchase things at both physical points of sale and online too. Want to begin your digital asset journey? Try Crypto.com today... Read the full newsflash
Mastercard proposes exciting crypto developments Friday, 14 Oct 2022 4:14 pm
The payments giant has announced five areas in the crypto space that they want to expand into in the near future. CBDCs were a key area of discussion, with a senior executive proclaiming "Someday soon, the ability to own and spend a digital currency could be as seamless as making a contactless card payment." Over 21 sites accept Mastercard crypto for deposits, and Skilling is one of our most highly rated brokers... Read the full newsflash