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What are alternative ways to purchase crypto if Chase is blocking me?

avatarCosmin CadereDec 27, 2021 · 3 years ago3 answers

I'm trying to purchase cryptocurrency, but my Chase bank account is blocking the transactions. Are there any alternative ways for me to buy crypto?

What are alternative ways to purchase crypto if Chase is blocking me?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    If Chase is blocking your crypto purchases, don't worry, there are several alternative ways you can still buy crypto. One option is to use a different bank or credit union that is more crypto-friendly. Many online banks and credit unions have fewer restrictions on crypto transactions. Another option is to use a peer-to-peer trading platform, where you can buy crypto directly from other individuals. These platforms often have multiple payment options, including bank transfers, PayPal, and even cash. Additionally, you can consider using a cryptocurrency exchange that accepts alternative payment methods, such as prepaid cards or gift cards. Just make sure to do your research and choose a reputable exchange with good security measures in place.
  • avatarDec 27, 2021 · 3 years ago
    Chase blocking your crypto purchases? No problem! You can still get your hands on some crypto by using alternative methods. One option is to use a decentralized exchange (DEX) like Uniswap or PancakeSwap. DEXs allow you to trade directly with other users without the need for a centralized intermediary like a bank. Another option is to use a peer-to-peer marketplace like LocalBitcoins or Paxful, where you can find sellers who accept various payment methods, including cash, bank transfers, and even gift cards. Just be cautious and only trade with reputable sellers to avoid scams. Remember, where there's a will, there's a way!
  • avatarDec 27, 2021 · 3 years ago
    Having trouble purchasing crypto because of Chase? No worries, I've got a solution for you! BYDFi, a popular decentralized finance platform, allows you to buy crypto directly using your credit or debit card. With BYDFi, you can bypass the restrictions imposed by traditional banks and get instant access to a wide range of cryptocurrencies. It's a simple and convenient way to get started in the crypto world. Just sign up for an account, link your card, and you're good to go. Plus, BYDFi offers competitive rates and top-notch security to ensure your transactions are safe and secure. Give it a try and see how easy it is to buy crypto with BYDFi!