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How can I buy crypto with American Express?

avatarPena StephensDec 28, 2021 · 3 years ago3 answers

I want to buy cryptocurrency using my American Express card. How can I do that? Are there any specific platforms or exchanges that accept American Express? What are the steps involved in purchasing crypto with American Express?

How can I buy crypto with American Express?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure, you can buy crypto with American Express. One popular platform that accepts American Express is Binance. Here are the steps to buy crypto with American Express on Binance: 1. Create an account on Binance and complete the verification process. 2. Go to the 'Buy Crypto' section on Binance. 3. Select 'Credit/Debit Card' as the payment method. 4. Choose American Express as your card provider. 5. Enter the amount of crypto you want to buy and complete the payment. 6. The purchased crypto will be credited to your Binance account. Please note that fees and limits may apply, so make sure to check the details on the Binance website before making a purchase.
  • avatarDec 28, 2021 · 3 years ago
    Buying crypto with American Express is possible, but not all platforms or exchanges accept it. One alternative is to use a peer-to-peer marketplace like LocalBitcoins. On LocalBitcoins, you can find sellers who accept American Express as a payment method. Simply create an account, search for sellers who accept American Express, and initiate a trade. Make sure to follow the platform's guidelines and verify the reputation of the seller before making a transaction.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand the convenience of using American Express to buy crypto. While we don't directly accept American Express, you can still purchase crypto with your American Express card by following these steps: 1. Create an account on a platform that accepts American Express, such as Binance. 2. Complete the verification process on the platform. 3. Add your American Express card as a payment method. 4. Choose the cryptocurrency you want to buy and enter the amount. 5. Confirm the transaction and complete the payment. 6. The purchased crypto will be transferred to your wallet on the platform. Remember to consider the fees and limits associated with using American Express for crypto purchases.