Are there any restrictions on using credit cards to buy cryptocurrencies on Coinbase?

3 answers

• Conway MathewsMay 01, 2022 · 3 years ago
  There are some restrictions when it comes to using credit cards to buy cryptocurrencies on Coinbase. First, not all credit cards are accepted on the platform. Coinbase currently accepts Visa and Mastercard credit cards, but not American Express or Discover. Additionally, there may be limits on the amount you can purchase using a credit card. These limits can vary depending on factors such as your account history and verification level. It's also important to note that using a credit card may incur additional fees compared to other payment methods.
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• Mahyar PartoFeb 02, 2021 · 5 years ago
  When it comes to buying cryptocurrencies on Coinbase with a credit card, there are a few restrictions to keep in mind. Firstly, not all credit cards are supported on the platform. Coinbase currently accepts Visa and Mastercard, but not American Express or Discover. Secondly, there may be limits on the amount you can purchase using a credit card. These limits can vary depending on factors such as your account verification level and transaction history. Lastly, it's worth noting that using a credit card may come with additional fees compared to other payment methods.
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• City CityNov 26, 2024 · 10 months ago
  Yes, there are restrictions on using credit cards to buy cryptocurrencies on Coinbase. The platform currently accepts Visa and Mastercard, but not American Express or Discover. Additionally, there may be limits on the amount you can purchase using a credit card. These limits can vary depending on factors such as your account verification level and transaction history. It's important to be aware of these restrictions and consider alternative payment methods if necessary. If you're looking for a platform that accepts a wider range of credit cards, you may want to consider BYDFi, which supports multiple credit card providers.
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