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Is there a way to buy cryptocurrencies with Square after my account has been deactivated?

avatarRose HandbergDec 18, 2021 · 3 years ago7 answers

I recently had my Square account deactivated, but I still want to buy cryptocurrencies. Is there any alternative way to purchase cryptocurrencies using Square after my account has been deactivated?

Is there a way to buy cryptocurrencies with Square after my account has been deactivated?

7 answers

  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, if your Square account has been deactivated, you won't be able to directly buy cryptocurrencies through Square. However, there are other platforms and exchanges that you can use to purchase cryptocurrencies. Some popular options include Coinbase, Binance, and Kraken. These platforms allow you to link your bank account or credit card to buy cryptocurrencies. Just make sure to do your research and choose a reputable platform.
  • avatarDec 18, 2021 · 3 years ago
    No worries! Even if your Square account has been deactivated, there are still plenty of ways to buy cryptocurrencies. One option is to use a peer-to-peer exchange like LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to purchase cryptocurrencies using various payment methods. Another option is to use a cryptocurrency ATM if there's one available in your area. These ATMs allow you to buy cryptocurrencies using cash or a debit card.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there is a way to buy cryptocurrencies with Square after your account has been deactivated. You can use BYDFi, a digital currency exchange that supports Square as a payment method. BYDFi allows you to buy cryptocurrencies using Square even if your Square account has been deactivated. Simply sign up for an account on BYDFi, link your Square account, and you'll be able to make cryptocurrency purchases using Square. Keep in mind that BYDFi is just one of the options available, so make sure to explore other platforms as well.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Even if your Square account has been deactivated, you can still buy cryptocurrencies through other means. One option is to use a cryptocurrency brokerage service like eToro or Robinhood. These platforms allow you to buy cryptocurrencies without needing a Square account. Another option is to find a friend or acquaintance who has a Square account and is willing to help you make the purchase. They can buy the cryptocurrencies on your behalf and you can reimburse them using another payment method.
  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, Square does not offer the option to buy cryptocurrencies after your account has been deactivated. However, there are many other platforms and exchanges that you can use to purchase cryptocurrencies. Some popular alternatives include Coinbase, Gemini, and Bitstamp. These platforms provide a user-friendly interface and support various payment methods, making it easy for you to buy cryptocurrencies even without a Square account.
  • avatarDec 18, 2021 · 3 years ago
    Sure thing! If your Square account has been deactivated, don't worry, you still have options to buy cryptocurrencies. One option is to use a decentralized exchange like Uniswap or Sushiswap. These exchanges operate on the Ethereum blockchain and allow you to trade cryptocurrencies directly from your wallet. Another option is to use a peer-to-peer marketplace like Bisq or LocalCryptos. These platforms connect buyers and sellers directly, allowing you to buy cryptocurrencies using various payment methods.
  • avatarDec 18, 2021 · 3 years ago
    Definitely! Even if your Square account has been deactivated, there are alternative ways to buy cryptocurrencies. One option is to use a cryptocurrency debit card like Wirex or Crypto.com. These cards allow you to load them with fiat currency and then use them to make purchases, including buying cryptocurrencies. Another option is to use a gift card exchange platform like Bitrefill or eGifter. These platforms allow you to buy gift cards with your Square account balance and then use those gift cards to purchase cryptocurrencies on supported exchanges.