Bitcoin Forum

Economy => Trading Discussion => Topic started by: 1337leet on September 13, 2020, 04:17:31 PM



Title: Buying BTC with an Amex Credit Card
Post by: 1337leet on September 13, 2020, 04:17:31 PM
Hey guys,

anyone here knows an opportunity to buy BTC with an Amex? Apple Pay or Paypal should also work if you can use the Amex there.

Please no strange P2P scam services...

I live in germany, so it should work here.


Title: Re: Buying BTC with an Amex Credit Card
Post by: Bttzed03 on September 13, 2020, 04:58:15 PM
According to this article (https://www.bitcongress.org/bitcoin/exchanges/buy-bitcoin-amex/), you can do buy btc with Amex on these platforms - Coinbase, CEX.io, and Bitpanda.

I think exchanges like Kraken and Bitstamp also allows you to buy with credit card.


Title: Re: Buying BTC with an Amex Credit Card
Post by: AjithBtc on September 13, 2020, 05:18:43 PM
Through an article came to know about the exchange application abra. Through this it is possible to buy bitcoin using amex. Here it has got some limitations on the buying, $200 worth of bitcoin can be bought in a day and $1000 worth of bitcoin in a month. This article was two years old.

Source : Can You Buy Cryptocurrency With an American Express Card? (https://lendedu.com/blog/buy-cryptocurrency-with-american-express-card)


Title: Re: Buying BTC with an Amex Credit Card
Post by: 1337leet on September 14, 2020, 09:22:04 AM
Kraken only allows Visa, Master and Maestro...


Title: Re: Buying BTC with an Amex Credit Card
Post by: jackg on September 14, 2020, 01:00:09 PM
I just checked local bitcoins and it has a €600 markup for paying with PayPal.

You could try opening a thread on the currency exchange and accept only 1:1 but it light take time to fill. I assume you checked coinbase (who dropped credit card acceptance in the UK a few years ago and cex who I'm not sure about).

Also I remember Amex not being accepted in many places because of their high fees on cards, but I think they give good cashback if you find somewhere offering a good rate.


Title: Re: Buying BTC with an Amex Credit Card
Post by: 1337leet on September 14, 2020, 01:55:56 PM
I have not checked the other options.
I don’t trade p2p.
And I won‘t pay 15-20% fees...

I need more like 2.000€ at once. Don‘t need any 200€ per day shit.


Title: Re: Buying BTC with an Amex Credit Card
Post by: Steamtyme on September 14, 2020, 09:03:32 PM
You are likely SOL. Especially not wanting to go through any P2P options.

Best bet is to take a cash advance from your AMEX - assuming you aren't planning on leaving this balance on there. This will open up more options for you. Other than that you can't do much as a lot of businesses don't like AMEX because they charge the highest fees for business owners; I remember paying 1-1.5% more than other credit cards I accepted. So unless you are going to get a different credit card that is accepted by exchanges you won't be buying at this time.

Everything else is P2P in some way shape or form




Title: Re: Buying BTC with an Amex Credit Card
Post by: bitbollo on September 14, 2020, 09:14:11 PM
You can make a try on waves.exchange website. They have an internal service that allow people to exchange cash for bitcoin/crypto directly paying with credit card and I guess also AMEX should be supported.



Title: Re: Buying BTC with an Amex Credit Card
Post by: 1337leet on September 15, 2020, 03:33:20 PM
Waves only allows Visa and Master


Title: Re: Buying BTC with an Amex Credit Card
Post by: bitbollo on September 15, 2020, 06:46:49 PM
Waves only allows Visa and Master

Thanks for reporting it I was not aware.
I have seen that you don't want use "strange P2P" but have you seen Paxful? They allow to pay with AMEX.
I think it could be an idea since there are trusted user on this platform and you don't pay a very high fees.
I am curious about it, there is any advantage for using AMEX when you buy crypto?


Title: Re: Buying BTC with an Amex Credit Card
Post by: 1337leet on September 18, 2020, 01:46:14 PM
I tried to buy BTC with Amex on Paxful but I can‘t figure out how to do it.. this site is absolute shit.