Bitcoin with AMEX CC?

[amelen]

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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[odolvlobo]

Circle doesn't take American Express either. He can always get a cash advance and buy through localbitcoins.com

[amelen]

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?

[BillyBobZorton]

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.

[melody82]

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.