Are there any limitations or fees when buying cryptocurrencies with an Amex card?

3 answers

• AYRA KHANOct 24, 2021 · 4 years ago
  When buying cryptocurrencies with an Amex card, there may be certain limitations and fees to consider. Some exchanges or platforms may not accept Amex cards as a payment method, so it's important to check if your preferred exchange supports this option. Additionally, even if Amex is accepted, there might be restrictions on the types of cryptocurrencies you can purchase. As for fees, they can vary depending on the exchange or platform you use. Some exchanges may charge a flat fee or a percentage of the transaction amount. It's advisable to review the fee structure of the exchange or platform before making a purchase.
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• Black Wallstreet AcademyMay 19, 2023 · 2 years ago
  Buying cryptocurrencies with an Amex card can come with certain limitations and fees. It's crucial to research and choose a reputable exchange or platform that accepts Amex cards. Some exchanges may have restrictions on the maximum amount you can spend per transaction or per day when using an Amex card. Additionally, fees can be applied to each transaction, which can vary depending on the exchange. It's recommended to compare the fees of different exchanges and consider the overall cost before making a purchase.
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• Jayanth NevooriSep 30, 2022 · 3 years ago
  When it comes to buying cryptocurrencies with an Amex card, it's important to note that each exchange or platform may have its own policies and fees. At BYDFi, for example, there are no limitations on using an Amex card to purchase cryptocurrencies. However, it's essential to be aware of the fees associated with the transaction. BYDFi charges a flat fee of 3% for purchases made with an Amex card. It's always a good idea to review the terms and conditions of the exchange or platform you choose to ensure you understand any limitations or fees before buying cryptocurrencies with an Amex card.
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