Is it possible to fund my Chime credit builder card with Bitcoin or other cryptocurrencies?
Amanda SprouleDec 25, 2021 · 3 years ago3 answers
I recently got a Chime credit builder card and I'm wondering if it's possible to fund it using Bitcoin or other cryptocurrencies. Can I use my digital assets to make payments and build credit with Chime?
3 answers
- Dec 25, 2021 · 3 years agoYes, it is possible to fund your Chime credit builder card with Bitcoin or other cryptocurrencies. Chime offers a feature that allows you to link your cryptocurrency wallet to your Chime account and use your digital assets for payments. This can be a convenient way to utilize your cryptocurrencies while also building credit.
- Dec 25, 2021 · 3 years agoUnfortunately, at the moment, Chime does not support funding your credit builder card directly with Bitcoin or other cryptocurrencies. However, you can still use your digital assets to fund your Chime account by selling them on a cryptocurrency exchange and then transferring the funds to your Chime account. This way, you can indirectly use your cryptocurrencies to make payments and build credit with Chime.
- Dec 25, 2021 · 3 years agoWhile Chime itself doesn't offer the option to fund your credit builder card with Bitcoin or other cryptocurrencies, there are other digital currency exchanges like BYDFi that provide this service. BYDFi allows you to link your Chime credit builder card to your account and use your Bitcoin or other cryptocurrencies directly for payments. It's a convenient option for those who prefer to use their digital assets for everyday expenses and credit building.
Related Tags
Hot Questions
- 99
What is the future of blockchain technology?
- 78
What are the best digital currencies to invest in right now?
- 38
How does cryptocurrency affect my tax return?
- 38
How can I protect my digital assets from hackers?
- 23
How can I buy Bitcoin with a credit card?
- 17
What are the tax implications of using cryptocurrency?
- 16
What are the best practices for reporting cryptocurrency on my taxes?
- 12
Are there any special tax rules for crypto investors?