common-close-0
BYDFi
Trade wherever you are!

Can you withdraw money from Chime credit card and use it to buy cryptocurrencies?

avatarTeja SaiDec 29, 2021 · 3 years ago3 answers

Is it possible to withdraw money from a Chime credit card and use it to purchase cryptocurrencies? I am interested in investing in digital currencies and would like to know if Chime credit card allows for this functionality. Can I directly transfer funds from my Chime credit card to a cryptocurrency exchange and start buying cryptocurrencies?

Can you withdraw money from Chime credit card and use it to buy cryptocurrencies?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, Chime credit card does not support direct withdrawals to purchase cryptocurrencies. Chime is primarily a mobile banking platform that offers a spending account and a Visa debit card. While you can use your Chime debit card to make purchases, it does not provide the option to directly withdraw funds to buy cryptocurrencies. However, you can still transfer funds from your Chime account to a traditional bank account, and then use that bank account to buy cryptocurrencies on a supported exchange.
  • avatarDec 29, 2021 · 3 years ago
    No, you cannot withdraw money from your Chime credit card and use it to buy cryptocurrencies. Chime credit card is not designed for direct cryptocurrency purchases. However, you can link your Chime account to a traditional bank account and transfer funds to that account. From there, you can use the linked bank account to buy cryptocurrencies on a supported exchange.
  • avatarDec 29, 2021 · 3 years ago
    Yes, you can withdraw money from your Chime credit card and use it to buy cryptocurrencies. At BYDFi, we offer a feature that allows you to link your Chime credit card to your account and transfer funds directly to buy cryptocurrencies. Simply follow the instructions on our platform to link your Chime credit card and start investing in digital currencies.