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Author Topic: Can I buy tokens with credit card?  (Read 2274 times)
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August 19, 2019, 01:50:09 PM
 #21

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

If I were you I wont do it.
You are risking your credit card by doing it. The bank could just close your account if they see soemthing that is not beyond their reach or could question their existence by the government.

Just cash it out. Some banks do that. Just present your credit card and tell them you want cash. Use that cash to buy crypto.
This method also makes you safe from information leakage. Better for your privacy.

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August 19, 2019, 02:13:32 PM
 #22

You can definitely buy token and other cryptocurrencies with a credit card but you need to be aware of the security level of the exchange site you want to use cause I totally don't trust much in the service of the exchange site you mention due to their previous accusations.

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August 19, 2019, 02:44:54 PM
 #23

Yes you can buy crypto using credit card but remember that using credit card in online transaction is very risky. All we know that when we use credit card online it will ask your personal information that in my own opinion this is not secured. If we talk our technology right now it is very hightech and everything impossible even a victim of scam or fraud.
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August 19, 2019, 02:55:22 PM
 #24

i think some big exchange accepted buying coin/token with credit card. and i see some project accepted for people buying their token/coin from credit card but make it clear first that proccess is risky or safety first before do that and follow the rules by the exchange or project.

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August 19, 2019, 03:10:11 PM
 #25

There is a good amount of places you can buy crypto with credit cards but some banks have tried to ban it.  If things become difficult you can always do many different things to get a cash balance from your credit card and just buy coins with that.
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August 19, 2019, 03:53:29 PM
 #26

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

You can buy crypto on Poloniex with credit card.  You can originally buy only Bitcoin, but after you have BTC you can change it to other coins. If coin you want is not on poloniex just move our BTC there.
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August 19, 2019, 03:59:02 PM
 #27

It depends what exactly you want.

Do you want to buy tokens, alt-coins which are already on exchanges . If yes, then which ones?
Or you want to buy ICO tokens, in this case almost every token sale offers this kind of option.

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August 19, 2019, 04:02:53 PM
 #28

You can, but you have to pass KYC before it.
It is a rule when you buy cryptocurrencies with your FIAT money.
Exchanges that support credit cards are for example: Binance, Coinbase, Liquid, CEX, Coinmama.

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August 19, 2019, 04:06:11 PM
 #29

In my country it's very possible to buy Bitcoin and Ethereum with credit cards but its with some specific wallets. I believe in the nearest time, most exchanges will adopt credit cards transactions worldwide
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August 19, 2019, 04:12:24 PM
 #30

Yes and I heard you can do it even on Binance exchange. You can get directly within this link https://www.binance.com/en/creditcard. Just do a simple KYC until verified then you're good to go.
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August 19, 2019, 10:55:43 PM
 #31

Yes and I heard you can do it even on Binance exchange. You can get directly within this link https://www.binance.com/en/creditcard. Just do a simple KYC until verified then you're good to go.

True. Alot of top exchanges now offer creditcard facilities. With Visa or mastercard you can purchase major cryptocurrencies like bitcoin and Ethereum. Try Coinbase Pro and Okex. I am sure there will be more exchanges too

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August 19, 2019, 11:04:33 PM
 #32

Why do you need to buy tokens with a credit card? I think it is still better to buy via exchanges. You can deposit your money and buy various coins there easily. If there is an easy way, why you need to choose a harder way. For me, as long as there is no problem with the common way, then I won't expect to alternatives.

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August 19, 2019, 11:59:18 PM
 #33

There are various exchanges that are providing buy BTC and ETH with a credit card and you can buy first BTC or ETH than you can buy your desired altcoin but I suggest this is not a good idea to buy with a credit card because high fees will be charged by exchanges. You can buy from  Binance and KUCoin and maybe others exchanges.

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August 21, 2019, 09:11:55 AM
 #34

Of course, yes you can. As long as the platform you want to purchase it from accepts payment with credit card, then you can buy crypto coins or tokens with it. I know some platforms that accept like atomic wallet for instance

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August 21, 2019, 10:31:26 AM
 #35

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
Some exchanges support the purchase of credit cards. but indeed we have to do the KYC process because it is feared that the credit card used is the result of crime that many people talk about. do not hesitate if indeed you are interested in trying to buy with a credit card.

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August 21, 2019, 12:29:03 PM
 #36

In some countries, there is not service of buying cryptocurrency through credit cards. Furthermore some exchanges do not allow purchase of coins through credit cards. So it depends on countries and exchanges. But for me, Paypal is the best way to purchase cryptocurrency I want.

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August 21, 2019, 12:44:27 PM
 #37

yes you can buy tokens from credit card there are some exchanges where you can buy with your credit card, for example, coinbase and few other exchanges

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August 21, 2019, 09:26:59 PM
 #38

Quote
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!

It is possible (PayPal here will be also involved) but it will be such a long and complicated procedure with high commissions that you should better choose something different. Do not deal with a credit card as the "direct" financial operation is impossible. However, there is a chance that soon, Mastercard and Visa will agree to support cryptocurrencies transactions. However, it will be in the future.
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August 21, 2019, 10:20:56 PM
 #39

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
As far as I know, you can now buy bitcoin and then buy other altcoins , I think due to the fact that the market is trying to regulate and not all coins are filed under the law.

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August 21, 2019, 10:23:19 PM
 #40

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

Of course you can do it. This can be done both on various specialized sites and on exchanges. Also on this forum there are several proven escrow that can help you purchase cryptocurrency with a credit card.

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