Are there any fees or restrictions when buying BTC with a credit card?
Sergi SilvestreDec 24, 2021 · 3 years ago3 answers
What are the fees and restrictions associated with purchasing Bitcoin (BTC) using a credit card?
3 answers
- Dec 24, 2021 · 3 years agoWhen buying Bitcoin with a credit card, there may be fees and restrictions imposed by different platforms and exchanges. Some exchanges charge a percentage-based fee on the transaction amount, while others may charge a flat fee. Additionally, certain platforms may have restrictions on the maximum amount you can purchase with a credit card. It's important to check the specific terms and conditions of the exchange or platform you plan to use before making a purchase.
- Dec 24, 2021 · 3 years agoBuying BTC with a credit card can come with fees and restrictions depending on the exchange or platform you choose. Fees can vary and may include transaction fees, processing fees, or currency conversion fees. Some platforms may also have restrictions on the countries they support or the types of credit cards they accept. It's recommended to compare different platforms and consider the fees and restrictions before making a decision.
- Dec 24, 2021 · 3 years agoWhen purchasing Bitcoin with a credit card, it's essential to be aware of the fees and restrictions involved. At BYDFi, for example, there is a 2.5% fee for credit card purchases. Additionally, there is a daily limit of $10,000 for credit card transactions. It's important to note that these fees and restrictions may vary depending on the platform or exchange you choose. Make sure to review the terms and conditions before proceeding with a credit card purchase.
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