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How can I use a credit card to buy digital currencies on exchanges?

avatarGhadiDec 30, 2021 · 3 years ago1 answers

I'm interested in buying digital currencies using my credit card, but I'm not sure how to do it on exchanges. Can someone guide me through the process of using a credit card to purchase digital currencies on exchanges?

How can I use a credit card to buy digital currencies on exchanges?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    As an expert in the field, I can tell you that using a credit card to buy digital currencies on exchanges is a convenient option. However, not all exchanges offer this payment method. One exchange that does support credit card purchases is BYDFi. To buy digital currencies with a credit card on BYDFi, you'll need to create an account and complete the verification process. Once your account is set up, navigate to the 'Buy' section and select the digital currency you want to purchase. Choose the credit card payment option and enter your card details. Review the transaction details and confirm the purchase. Your digital currencies will be added to your BYDFi account shortly. Keep in mind that credit card purchases may be subject to fees and limits set by the exchange.