Can you buy digital assets with American Express gift cards?

3 answers

• Dec 16, 2021 · 3 years ago
  Unfortunately, it is not possible to directly buy digital assets like cryptocurrencies using American Express gift cards. American Express gift cards are typically limited to in-person or online purchases at merchants that accept American Express. However, there are alternative ways to convert your gift card into digital assets. One option is to sell your gift card for cash and then use the cash to purchase cryptocurrencies on a digital asset exchange. Another option is to use the gift card to purchase a prepaid debit card that can be used to buy cryptocurrencies. Keep in mind that there may be fees and limitations associated with these methods.
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• Dec 16, 2021 · 3 years ago
  No, you cannot buy digital assets directly with American Express gift cards. American Express gift cards are not designed for purchasing cryptocurrencies. However, you can still use the gift card to buy other goods or services and then use the funds from those purchases to invest in digital assets. Just make sure to check the terms and conditions of the gift card to see if there are any restrictions on using the funds for investment purposes.
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• Dec 16, 2021 · 3 years ago
  As a representative of BYDFi, I can confirm that currently, BYDFi does not accept American Express gift cards as a payment method for purchasing digital assets. However, BYDFi offers a wide range of other payment options, including credit cards, bank transfers, and cryptocurrencies. If you're interested in buying digital assets, I recommend exploring the available payment methods on BYDFi's platform.
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