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How can I use a prepaid card to purchase digital currencies in Canada?

avatarLeander Plumbing CompanyDec 28, 2021 · 3 years ago1 answers

I am in Canada and I want to buy digital currencies using a prepaid card. How can I do that? Are there any specific platforms or exchanges that accept prepaid cards? What are the steps involved in using a prepaid card to purchase digital currencies in Canada?

How can I use a prepaid card to purchase digital currencies in Canada?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    Using a prepaid card to purchase digital currencies in Canada is possible, and there are several platforms that accept this payment method. One such platform is BYDFi. Here's how you can use a prepaid card on BYDFi: 1. Sign up for an account on BYDFi. 2. Complete the verification process. 3. Go to the 'Buy/Sell' section and select the digital currency you want to purchase. 4. Choose the payment method as 'Prepaid Card' and enter the card details. 5. Confirm the transaction and wait for the digital currency to be credited to your account. It's important to note that using a prepaid card may have certain limitations, such as transaction limits and fees. Make sure to read the terms and conditions before making a purchase. Happy trading on BYDFi!