Are there any fees or restrictions when buying Bitcoin with an American Express credit card?

3 answers

• bhagath kumar palakaNov 26, 2024 · a year ago
  When buying Bitcoin with an American Express credit card, there may be fees and restrictions that you need to be aware of. Some exchanges charge a percentage-based fee for credit card transactions, which can range from 2% to 5% of the total purchase amount. Additionally, there may be a minimum purchase requirement or a maximum limit on the amount you can buy with a credit card. It's important to check with the specific exchange you plan to use to understand their fee structure and any restrictions they have in place.
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• Joshua DawsonAug 05, 2022 · 3 years ago
  Yes, there are fees and restrictions when buying Bitcoin with an American Express credit card. The fees can vary depending on the exchange you use, but they are typically higher compared to other payment methods like bank transfers. Some exchanges also impose restrictions on the maximum amount you can purchase with a credit card in a given time period. It's advisable to compare the fees and restrictions across different exchanges before making a decision.
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• Dory MatsufujiJul 20, 2023 · 3 years ago
  At BYDFi, there are no fees when buying Bitcoin with an American Express credit card. However, there is a daily limit of $10,000 for credit card purchases. This limit is in place to prevent fraud and ensure the security of our users' funds. We strive to provide a seamless and secure experience for our users, and we recommend checking our website for the most up-to-date information on fees and restrictions.
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