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How can I use my Robinhood credit card to buy Bitcoin?

avatarKewei ZhangDec 17, 2021 · 3 years ago3 answers

I recently got a Robinhood credit card and I'm wondering if I can use it to buy Bitcoin. Can I link my Robinhood credit card to a Bitcoin exchange and make purchases using it?

How can I use my Robinhood credit card to buy Bitcoin?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, you can use your Robinhood credit card to buy Bitcoin. However, Robinhood itself does not currently support the direct purchase of Bitcoin. You can transfer funds from your Robinhood credit card to a bank account, and then use that money to buy Bitcoin on a cryptocurrency exchange like Binance or Coinbase.
  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Robinhood credit cards do not have the functionality to directly purchase Bitcoin. You will need to transfer funds from your Robinhood credit card to a bank account, and then use that money to buy Bitcoin on a cryptocurrency exchange.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! You can use your Robinhood credit card to buy Bitcoin on BYDFi. Simply link your Robinhood credit card to your BYDFi account and make a purchase. BYDFi offers a seamless and secure platform for buying and selling Bitcoin with your credit card.