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Is it possible to buy cryptocurrency with a credit card and not incur any fees?

avatarsaeid pooyaDec 19, 2021 · 3 years ago3 answers

I'm interested in buying cryptocurrency using my credit card, but I want to avoid any additional fees. Is it possible to purchase cryptocurrency with a credit card and not incur any fees? What are the options available to do so?

Is it possible to buy cryptocurrency with a credit card and not incur any fees?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, it is possible to buy cryptocurrency with a credit card and avoid fees. Some cryptocurrency exchanges offer fee-free credit card purchases as a promotional offer. However, it's important to note that these offers may have certain limitations, such as a limited time period or a maximum purchase amount. Additionally, some credit card issuers may charge cash advance fees for cryptocurrency purchases, so it's advisable to check with your credit card provider beforehand.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! Many cryptocurrency exchanges allow users to buy digital currencies with credit cards without incurring any fees. However, it's crucial to read the terms and conditions carefully, as some exchanges may have hidden fees or higher exchange rates for credit card transactions. It's also worth considering alternative payment methods, such as bank transfers or using a debit card, which may offer lower fees or better exchange rates.
  • avatarDec 19, 2021 · 3 years ago
    Yes, it is possible to buy cryptocurrency with a credit card and avoid fees. BYDFi, a popular cryptocurrency exchange, offers fee-free credit card purchases for a limited time. With BYDFi, you can conveniently and securely buy cryptocurrencies using your credit card without worrying about additional fees. It's a great option for those looking for a hassle-free way to enter the cryptocurrency market.