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Author Topic: Can I buy tokens with credit card?  (Read 2274 times)
btc_love (OP)
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August 15, 2019, 04:24:33 PM
 #1

Hey! Can you tell me if I can buy crypto with credit card? Is it a good idea and what services I can use. I know about changelly, but I want to know if there are the other services, compare them and pick the one I like
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nwosuchristabe2
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August 15, 2019, 04:39:52 PM
 #2

Some cryptocurrency exchange support the purchase of tokens with credit card, it only depends on your nationality and the cryptocurrency exchange which you utilize. In my country it is possible to purchase bitcoin and ethereum most especially using Luno which happens to be present in different countries.
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August 15, 2019, 05:11:01 PM
 #3

You can use credit card on waves platform.
Download Waves App on Play Store You can buy Waves with it and trade it to the coin you want. It's very simple and secure.
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August 15, 2019, 05:33:30 PM
 #4

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Is it a good idea?

Absolutely not! There are services that will allow you to do it but it's a bad investment decision. Taking out loan to buy volatile investment like crypto tokens is not wise! In my country, credit card companies take 48% annual interest on the pending amount so you can understand how risky it is! The mature way to invest in crypto tokens is to start a SIP (Systematic Investment Plan) where you invest a specific amount every month from your earnings! This way you can average out the buying price as well as keep the risk below the belt!

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August 16, 2019, 12:36:17 PM
 #5

You can use a credit card to buy altcoins on the Bancor platform. Only at first you need to buy Ether (credit card payment is possible), and then here, exchange Ether for the altcoins you are interested in.
https://www.bancor.network/deposit
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August 16, 2019, 12:52:43 PM
 #6

Hey! Can you tell me if I can buy crypto with credit card?
Yes.
Is it a good idea and what services I can use. I know about changelly, but I want to know if there are the other services, compare them and pick the one I like
Check the ff exchanges: Abra,Cex.io,Coinmama and Paxful.

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August 16, 2019, 01:53:07 PM
 #7

Yes you can buy coins/tokens with credit cards. Many exchanges are now offering buying service via credit card payment. I am using VELIC exchange and they have enabled it to purchase the tokens on that exchange.
Cons with credit card service is that its high  fees and you can not withdraw/sell using credit card option.

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August 16, 2019, 03:47:17 PM
 #8

Yes you can buy coins/tokens with credit cards. Many exchanges are now offering buying service via credit card payment. I am using VELIC exchange and they have enabled it to purchase the tokens on that exchange.
Cons with credit card service is that its high  fees and you can not withdraw/sell using credit card option.

I never knew Velic now has that option. The only platform I have known to offer such services is the Luno platform but am not sure if its available in most countries. If exchanges can adopt this and make it very safe for purchase it will be much more better for traders and investors.
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August 16, 2019, 03:59:16 PM
 #9

For me to buy the volatility asset like crypto use your credit card is not a good idea and it much better to spend the amount that you can afford to lose it and this will not give you a lot of risk compared to buy crypto use creadit card.
I suggest you to try binance to buy any crypto use credit card and is you are US citizens and coinbase seems the best choice for you.

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August 16, 2019, 04:04:39 PM
 #10

I won't advice this for a newbie though it's a very easy way to buy crypto. Most exchanges are not secure and this might lead to data leak which may affect many who ahs their credit cards details stored in the exchange. If one must buy with credit card, I will advice getting a completely different credit card details only for that purpose. You send exactly the lunt of funds you need to make the purchase with the card, use it and leave it empty until next time you want to.
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August 16, 2019, 04:07:27 PM
 #11

Coinbase, Binance, cex - most of biggest exchanges have in their offer a possibility to make a transaction via credit card. They will also require some of your data to do it, so it's not as pleaseful as it could be. I've been using buycoinnow.com to buy some btc back in the days and i hope that soon they will add some altcoins too.
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August 16, 2019, 10:09:52 PM
 #12

yes you can buy crypto with credit card, you can use liquid, binance or coingate. Is it good idea? No i dont think so. I prefer buy crypto using other method rather than using my credit card, i really care about this things. Why you use credit card to buy crypto?

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August 19, 2019, 08:42:58 AM
 #13

Coinbase, Binance, cex - most of biggest exchanges have in their offer a possibility to make a transaction via credit card. They will also require some of your data to do it, so it's not as pleaseful as it could be. I've been using buycoinnow.com to buy some btc back in the days and i hope that soon they will add some altcoins too.
yes, but I'm not sure if at (for example) Coinbase you can buy their Tokens using credit card. Do you know something about that?
when it comes to buying crypto by credit card, there are a lot of possibilities, I recommend to check some "cantors" like buycoinnow.com, just as you said.
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August 19, 2019, 09:00:13 AM
 #14

The use of credit cards is not difficult right now to be used as payment in crypto. I think it can be done because technological development cannot be resisted. but we know that credit cards charge a very high fee and what you do is not actually profitable but it actually becomes more difficult for you. it is not recommended to use a credit card for this.
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August 19, 2019, 10:55:23 AM
 #15

Hey! Can you tell me if I can buy crypto with credit card? Is it a good idea and what services I can use. I know about changelly, but I want to know if there are the other services, compare them and pick the one I like

Now there are many centralized exchanges that provide their users with the opportunity to deposit money to the exchange from a credit card. I do not want to advertise anyone. You need to pay attention to the most popular exchanges and choose those that provide this service.
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August 19, 2019, 10:55:56 AM
 #16

It is definitely a good idea. When you buy a coin with a credit card, the difference will be lower and the coin will be forwarded directly to the address you requested. You will not have to go through the steps of transferring coins from decentralized exchange anymore.
Save time + save money

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August 19, 2019, 11:06:46 AM
 #17

Not recommended for those who want to buy a coin using a credit card, although many have been able to accept and provide leeway with sales using a credit card.
You should think about the costs you will have to pay for the transaction. perhaps more important than you ask for a credit card purchase.

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August 19, 2019, 11:08:24 AM
 #18

you can use crypterium project to enter in cryptocurrency with credit card.

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August 19, 2019, 11:20:24 AM
 #19

They are few companies that offer tokens for credit card purchases for example luno and coinmama and even binance also offering crypto currency purchases with these crypto currency purchaes we can buy tokens
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August 19, 2019, 01:45:12 PM
 #20

Yes, you can buy token or any crypto with your credit card but not by debit card. Also you can buy with bank wire transfer. Most of the offering their initial token in ICO or IEO preferably with prominent crypto like BTC, LTC, ETH etc. But Nowadays credit card also accepted. You can also buy from the exchanges like; Bittrex, Coinbase, HitBtc any crypto you want with your credit card.
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