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Author Topic: Bitcoin with AMEX CC?  (Read 533 times)
amelen
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July 08, 2015, 08:50:47 PM
 #1

A friend of mine is looking to buy Bitcoin with his AMEX. I sent him to Coinbase, but it looks like they only take Visa or Mastercard. Does anyone know of any other options for him? Thanks!
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July 09, 2015, 02:56:18 AM
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Circle doesn't take American Express either. He can always get a cash advance and buy through localbitcoins.com

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amelen
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July 09, 2015, 02:58:24 PM
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Circle doesn't take American Express either. He can always get a cash advance and buy through localbitcoins.com

I checked localbitcoins yesterday - markup seemed pretty high. Any other networks that might take AMEX?
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July 09, 2015, 04:13:23 PM
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I wouldn't use credit cards at all, just get your money ready in your usual bank account and do a wire transfer directly from there. Im not familiar with CC transactions in Bitcoin but I would be ware of chargebacks.

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melody82
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July 09, 2015, 04:29:43 PM
 #5

I wouldn't use credit cards at all, just get your money ready in your usual bank account and do a wire transfer directly from there. Im not familiar with CC transactions in Bitcoin but I would be ware of chargebacks.

Plus coinbase also takes ACH.  There is a European equivalent to ACH, I forgot what it is called, but some markets that that too.  I don't like coinbase, their 1% fee is really high, but if you are only buying a small handful of coins then it is cheaper than a wire.
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