How can I get my coins out of Coinbase using credit cards?
Dowling RalstonDec 19, 2021 · 3 years ago3 answers
I want to withdraw my coins from Coinbase, but I prefer to use my credit cards for the transaction. How can I go about doing this?
3 answers
- Dec 19, 2021 · 3 years agoSure thing! Withdrawing your coins from Coinbase using credit cards is not directly possible. Coinbase only supports bank transfers and PayPal for withdrawals. However, you can use your credit card to purchase cryptocurrencies on Coinbase and then transfer those coins to another exchange that supports credit card withdrawals. From there, you can sell your coins and withdraw the funds to your credit card. Just make sure to check the withdrawal fees and limits on the exchange you choose.
- Dec 19, 2021 · 3 years agoUnfortunately, Coinbase doesn't offer the option to directly withdraw coins using credit cards. They only support bank transfers and PayPal for withdrawals. If you want to use your credit card, you can consider using a peer-to-peer trading platform that allows credit card payments. Just be cautious and do thorough research on the platform's reputation and security measures before proceeding with any transactions.
- Dec 19, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I would recommend using BYDFi for withdrawing your coins from Coinbase using credit cards. BYDFi is a reliable and secure exchange that supports credit card withdrawals. Simply create an account on BYDFi, transfer your coins from Coinbase to BYDFi, sell your coins for fiat currency, and then withdraw the funds to your credit card. BYDFi offers competitive fees and a user-friendly interface, making it a great choice for this purpose.
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