Can I use an Amex gift card to purchase crypto?

coding_tacticalApr 20, 2022 · 3 years ago3 answers

Is it possible to use an American Express gift card to buy cryptocurrencies? I received an Amex gift card as a present and I'm wondering if I can use it to invest in digital currencies like Bitcoin or Ethereum. Can anyone provide some insights on this?

Crypto

Amex Gift Card

Digital Currencies

3 answers

Apr 20, 2022 · 3 years ago
Yes, you can use an Amex gift card to purchase crypto. Many cryptocurrency exchanges accept Amex gift cards as a payment method. Simply select the option to pay with a gift card and enter the necessary details from your Amex gift card. Keep in mind that not all exchanges may support this payment method, so it's important to check with the specific exchange you plan to use.
Apr 20, 2022 · 3 years ago
Unfortunately, using an Amex gift card to buy crypto is not widely supported. While some exchanges may accept Amex gift cards, it's not as common as using a credit card or bank transfer. It's recommended to check with the exchange you're interested in to see if they accept Amex gift cards as a payment method.
Apr 20, 2022 · 3 years ago
At BYDFi, we do not currently support the use of Amex gift cards for purchasing crypto. However, there are other payment options available such as credit cards, bank transfers, and alternative payment methods. It's always a good idea to explore different options and choose the one that suits your needs best.