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Are there any platforms that allow me to withdraw cash from my Discover credit card and convert it into cryptocurrencies?

avatarAshish RaiDec 26, 2021 · 3 years ago3 answers

I have a Discover credit card and I'm wondering if there are any platforms that allow me to withdraw cash from my card and convert it into cryptocurrencies. I want to be able to use my credit card funds to invest in cryptocurrencies. Are there any services or platforms that offer this feature?

Are there any platforms that allow me to withdraw cash from my Discover credit card and convert it into cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are platforms that allow you to withdraw cash from your Discover credit card and convert it into cryptocurrencies. One popular platform that offers this service is Binance. Binance allows you to link your credit card to your account and withdraw cash, which can then be used to buy cryptocurrencies. This is a convenient way to use your credit card funds to invest in cryptocurrencies.
  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, Discover credit cards do not currently support direct cash withdrawals for cryptocurrency purchases. However, there are alternative methods you can use. One option is to use a peer-to-peer trading platform like LocalBitcoins or Paxful. These platforms allow you to find sellers who accept credit card payments and are willing to exchange them for cryptocurrencies. Keep in mind that these transactions may involve higher fees and are not as convenient as using a dedicated platform.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a platform that allows you to withdraw cash from your Discover credit card and convert it into cryptocurrencies. With BYDFi, you can link your credit card to your account and easily convert your credit card funds into cryptocurrencies. This platform offers a user-friendly interface and competitive exchange rates. It's a great option for those looking to use their credit card funds to invest in cryptocurrencies.