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Author Topic: Buying Crypto with Afterpay  (Read 60 times)
MasterMofo (OP)
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October 02, 2024, 04:12:10 PM
 #1

Hello, I am trying to find if there is anyway to use a tool like afterpay to buy into crypto.

I was thinking of using google pay to purchase a visa gift card but i am not sure if visa gift cards can be used to buy crypto online.

Any advice?
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October 02, 2024, 07:04:46 PM
 #2

I cannot verify if this is directly possible. I know it wasn't some years ago but after Jack Dorsey acquired Afterpay there were talks that it will be integrated. If it's not possible, you can deposit to a 3rd party website and buy from there.

Is there a particular reasons you want to buy crypto with loans? Investments come with risks and the pressure of needing to realize profits at a certain time means you may be forced to sell at a loss at a time or not be able to wait for your desired profit margin.

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October 02, 2024, 08:13:59 PM
 #3

Afterpay is a "buy now, pay later" service. It gives you a prepaid card, and you can start buying things with it, and pay later. Therefore, if you want to buy crypto with Afterpay, you just need to find an exchange that accepts these prepaid cards.

Gift cards are another story. I highly doubt that it is possible to buy crypto with gift card for a reasonable price.

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Today at 03:33:00 PM
 #4

Hello, I am trying to find if there is anyway to use a tool like afterpay to buy into crypto.

I was thinking of using google pay to purchase a visa gift card but i am not sure if visa gift cards can be used to buy crypto online.

Any advice?
I never used Afterpay so I don't know how it works exactly, but you can try with Noones.com gift cards.
They are offering service of selling and purchasing gift cards using crypto, or you could find some other way to buy bitcoin with fiat.
Whatever you choose just be careful for scammers.
https://noones.com/buy-sell-gift-card

Depending on your location you can also try PeachBitcoin app, they have a lot of non-kyc options available:
https://peachbitcoin.com

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Today at 04:18:12 PM
 #5

Afterpay is a "buy now, pay later" service. It gives you a prepaid card, and you can start buying things with it, and pay later. Therefore, if you want to buy crypto with Afterpay, you just need to find an exchange that accepts these prepaid cards.
Not conversant with this and thinking how it can work effectively. Just looking like something that will require some collaterals to be effective. Maybe, this will work in a country that has fully legitimise bitcoin, such that the financial institutions know your income strength and what can offer you via the afterpay scheme.

If it's something that works and you buy BTC at $61k and before you pay, BTC jumps to $75k, it will be great. However, the reverse will be so damaging.

R


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bigmanik
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Today at 04:57:24 PM
 #6

Hello, I am trying to find if there is anyway to use a tool like afterpay to buy into crypto.

I was thinking of using google pay to purchase a visa gift card but i am not sure if visa gift cards can be used to buy crypto online.

Any advice?

Buying crypto with Afterpay or similar services isn't easy, as Afterpay doesn't directly support it. However, some crypto exchanges partner with services like Klarna or Zip, but it depends on where you are

You can try using Visa gift cards to buy crypto on platforms like Coinbase (US users), Binance, and Kraken (depending on the country). Just be aware of potential issues like gift card restrictions, and others
You can also try using Google Pay, Apple Pay, or credit/debit cards. Just watch out for higher fees

Before you make any purchases, double-check that the exchange accepts Visa gift cards

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