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Is it possible to buy 50000000 won worth of Bitcoin with a credit card?

avatarJames MerrymanDec 29, 2021 · 3 years ago1 answers

I'm interested in buying 50000000 won worth of Bitcoin, and I was wondering if it's possible to do so using a credit card. Can I make such a large purchase with my credit card? Are there any limitations or restrictions? What are the steps I need to take to buy Bitcoin with a credit card?

Is it possible to buy 50000000 won worth of Bitcoin with a credit card?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, it is possible to buy 50000000 won worth of Bitcoin with a credit card. At BYDFi, for example, we offer the option to purchase Bitcoin using a credit card. However, it's important to note that there may be certain limitations and restrictions imposed by the exchange you choose. Some exchanges may have a maximum limit on the amount you can purchase with a credit card, while others may require additional verification steps for large purchases. It's recommended to check the specific policies and requirements of the exchange you plan to use before making your purchase. Additionally, keep in mind that using a credit card for cryptocurrency purchases may incur higher fees compared to other payment methods.