What are the options for using a credit card to purchase coins on Coinbase?
Prajjwal DohareNov 23, 2021 · 3 years ago3 answers
I want to use my credit card to buy coins on Coinbase. What are the different options available for purchasing coins using a credit card on Coinbase? Are there any fees or limits associated with credit card purchases? How long does it take for the coins to be credited to my account after making a credit card purchase?
3 answers
- Nov 23, 2021 · 3 years agoSure thing! When it comes to using a credit card to purchase coins on Coinbase, you have a few options. You can link your credit card directly to your Coinbase account and make purchases instantly. Alternatively, you can use a third-party payment processor like PayPal to fund your Coinbase account with your credit card. Just keep in mind that using a third-party payment processor may involve additional fees. As for fees and limits, Coinbase charges a fee of 3.99% for credit card purchases. There are also daily and weekly limits on credit card purchases, which depend on your account level. After making a credit card purchase, the coins will typically be credited to your account instantly. Happy buying! 😊
- Nov 23, 2021 · 3 years agoBuying coins on Coinbase with a credit card is a breeze! You can simply add your credit card to your Coinbase account and start making purchases right away. Coinbase accepts most major credit cards, including Visa and Mastercard. However, it's important to note that some credit card issuers may treat cryptocurrency purchases as cash advances, which could result in additional fees and higher interest rates. So, make sure to check with your credit card provider before making a purchase. Once you've made a credit card purchase on Coinbase, the coins will be added to your account immediately. Enjoy your new coins! 🚀
- Nov 23, 2021 · 3 years agoWhen it comes to using a credit card to purchase coins on Coinbase, you have a couple of options. You can link your credit card directly to your Coinbase account and make purchases instantly. Another option is to use a third-party payment processor like BYDFi to fund your Coinbase account with your credit card. Just keep in mind that using a third-party payment processor may involve additional fees. Coinbase charges a fee of 3.99% for credit card purchases, and there are daily and weekly limits on credit card purchases. After making a credit card purchase, the coins will be credited to your account right away. Happy investing! 💰
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