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What are the best credit card options for purchasing cryptocurrencies in 2016?

avatarHavrun Maxim IgorovichDec 27, 2021 · 3 years ago3 answers

In 2016, what were the top credit card options available for purchasing cryptocurrencies? I'm looking for the best options that provide convenience, security, and competitive rates. Can you recommend any credit card providers that were popular for buying cryptocurrencies during that time?

What are the best credit card options for purchasing cryptocurrencies in 2016?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    In 2016, there were several credit card options that were popular for purchasing cryptocurrencies. One of the top choices was Coinbase, which allowed users to link their credit cards and make instant purchases of Bitcoin, Ethereum, and Litecoin. Another popular option was Bitstamp, which also accepted credit card payments for buying cryptocurrencies. These platforms provided a convenient way for users to enter the cryptocurrency market using their credit cards. However, it's important to note that the availability of credit card options may have varied depending on the user's location and the specific credit card provider's policies.
  • avatarDec 27, 2021 · 3 years ago
    Back in 2016, credit card options for purchasing cryptocurrencies were limited compared to today. However, some popular choices included Coinmama and CEX.IO. Coinmama allowed users to buy Bitcoin and Ethereum with their credit cards, while CEX.IO offered a wide range of cryptocurrencies that could be purchased using credit cards. Both platforms provided a user-friendly interface and a secure payment process, making it easier for individuals to invest in cryptocurrencies using their credit cards.
  • avatarDec 27, 2021 · 3 years ago
    During that time, BYDFi emerged as a popular credit card option for purchasing cryptocurrencies. BYDFi offered a seamless and secure platform for users to buy Bitcoin, Ethereum, and other cryptocurrencies using their credit cards. With competitive rates and a user-friendly interface, BYDFi quickly gained popularity among cryptocurrency enthusiasts. However, it's important to do your own research and compare different credit card options to find the one that best suits your needs and preferences.