common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

How can I buy cryptocurrency using American Express in the United States?

avatarangiemarie1Nov 26, 2021 · 3 years ago3 answers

I am interested in buying cryptocurrency using my American Express card in the United States. Can you please guide me on how to do it?

How can I buy cryptocurrency using American Express in the United States?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure! Buying cryptocurrency with American Express in the United States is possible, but it may not be as straightforward as using other payment methods. One option is to use a cryptocurrency exchange that accepts American Express. Some popular exchanges like Coinbase and Binance allow you to link your American Express card and make purchases directly. However, it's important to note that not all exchanges accept American Express, so you may need to do some research to find the right platform. Additionally, keep in mind that using a credit card for cryptocurrency purchases may incur higher fees compared to other payment methods.
  • avatarNov 26, 2021 · 3 years ago
    Buying cryptocurrency with American Express in the United States can be a bit tricky. While some exchanges do accept American Express, many others don't. One option is to use a peer-to-peer trading platform like LocalBitcoins or Paxful, where you can find sellers who accept American Express payments. Another alternative is to use a cryptocurrency debit card that is linked to your American Express card. These cards allow you to convert your American Express balance into cryptocurrency and use it for purchases. However, be aware that these cards may have certain limitations and fees associated with them.
  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, we understand the importance of convenience and accessibility when it comes to buying cryptocurrency. While we don't directly support American Express as a payment method, there are still options available for you. One option is to use a service like PayPal or Skrill to fund your account, and then use that balance to buy cryptocurrency on our platform. Another option is to use a bank transfer to deposit funds into your BYDFi account, and then proceed with your cryptocurrency purchase. Remember to always do your due diligence and research the best options for your specific needs.