Is it possible to use a credit card to buy crypto on Kraken?
Dhanush MaddineniJan 25, 2022 · 3 years ago3 answers
I heard that Kraken is a popular cryptocurrency exchange, but I'm not sure if they accept credit card payments. Can I use a credit card to buy cryptocurrencies on Kraken?
3 answers
- Jan 25, 2022 · 3 years agoYes, Kraken does accept credit card payments for buying cryptocurrencies. It's a convenient option for users who prefer using their credit cards for transactions. Just make sure to check the fees and limits associated with credit card purchases on Kraken before proceeding.
- Jan 25, 2022 · 3 years agoUnfortunately, Kraken does not currently support credit card payments for buying cryptocurrencies. They offer other payment methods such as bank transfers and cryptocurrency deposits. You can check their website or contact their customer support for more information on the available payment options.
- Jan 25, 2022 · 3 years agoYes, you can use a credit card to buy crypto on Kraken. However, it's important to note that Kraken charges a higher fee for credit card purchases compared to other payment methods. Additionally, some credit card issuers may treat cryptocurrency purchases as cash advances, which can incur additional fees and higher interest rates. It's advisable to check with your credit card provider before making any transactions.
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