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Is it possible to buy bitcoin with a credit card and avoid cash advance charges?

avatarh0ezuml562Dec 25, 2021 · 3 years ago3 answers

I'm interested in buying bitcoin using my credit card, but I want to avoid any cash advance charges. Is it possible to purchase bitcoin with a credit card without incurring cash advance fees?

Is it possible to buy bitcoin with a credit card and avoid cash advance charges?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, it is possible to buy bitcoin with a credit card and avoid cash advance charges. Many cryptocurrency exchanges and platforms allow users to purchase bitcoin using their credit cards without incurring any additional fees. However, it's important to note that some credit card issuers may still categorize cryptocurrency purchases as cash advances, which can result in cash advance fees. To avoid this, you should check with your credit card issuer beforehand to understand their policies regarding cryptocurrency purchases.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! You can buy bitcoin with a credit card and avoid cash advance charges. There are several cryptocurrency exchanges that offer this option, allowing you to conveniently purchase bitcoin using your credit card. Just make sure to choose an exchange that explicitly states they don't charge cash advance fees for credit card transactions. Additionally, it's always a good idea to double-check with your credit card provider to confirm their policies on cryptocurrency purchases.
  • avatarDec 25, 2021 · 3 years ago
    Yes, it is possible to buy bitcoin with a credit card and avoid cash advance charges. At BYDFi, a leading cryptocurrency exchange, you can easily purchase bitcoin using your credit card without worrying about cash advance fees. Our platform is designed to provide a seamless and secure experience for users looking to buy bitcoin with their credit cards. Simply create an account, link your credit card, and start buying bitcoin hassle-free!