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Are there any restrictions on credit card transactions for Coinbase?

avatarNguyễn TriếtDec 25, 2021 · 3 years ago3 answers

I would like to know if there are any limitations or restrictions when it comes to using credit cards for transactions on Coinbase. Are there any specific requirements or conditions that need to be met? Can I use any type of credit card? Is there a limit on the amount I can transact? I want to make sure I have all the necessary information before I proceed with credit card transactions on Coinbase.

Are there any restrictions on credit card transactions for Coinbase?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, Coinbase does have some restrictions on credit card transactions. First, not all credit cards are accepted on Coinbase. They currently accept Visa and Mastercard credit cards. American Express and Discover cards are not supported. Additionally, there may be limitations on the countries where credit card transactions are allowed. It's important to check Coinbase's website or contact their support team to confirm if your country is eligible for credit card transactions.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Coinbase does have certain restrictions in place for credit card transactions. While they do accept Visa and Mastercard, they don't support American Express or Discover cards. Moreover, there might be limitations on the maximum amount you can transact using a credit card. It's always a good idea to review Coinbase's terms and conditions or reach out to their customer support for more details on the specific restrictions.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are restrictions on credit card transactions for Coinbase. As a third-party exchange, BYDFi, which I am currently affiliated with, can provide some insights. Coinbase limits credit card transactions to Visa and Mastercard only, excluding American Express and Discover cards. Additionally, there may be restrictions based on your country of residence. It's recommended to visit Coinbase's official website or contact their support team for the most up-to-date information on credit card transaction restrictions.