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Author Topic: Cryptocurrencies and credit cards  (Read 644 times)

Offline maklampir

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Cryptocurrencies and credit cards
« on: September 29, 2018, 04:07:04 AM »
Hello, I open this post to ask if there is any prohibition or regulation regarding cryptocurrencies and credit cards.

They told me that there is a prohibition on credit cards with cryptocurrencies.

That you could not buy cryptocurrencies with credit.

I use Bank of America. Will I have problems if I use this card to join my Wallets as CoinBase and Poloniex?

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Cryptocurrencies and credit cards
« on: September 29, 2018, 04:07:04 AM »

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Offline bdamenaakter

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Re: Cryptocurrencies and credit cards
« Reply #1 on: September 30, 2018, 11:37:54 AM »
Long back​one of the signature campaign provided its users with free bitcoin cards on registration. It is same as the debit card that we use with limited access to stores. I haven't come across any credit card issued with bitcoin as the value stored. Possibly in future we may get the service when banks directly starts accepting bitcoin.

Offline ComeBack

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Re: Cryptocurrencies and credit cards
« Reply #2 on: September 30, 2018, 11:39:50 AM »
Some countries are not letting their people to buy cryptocurrencies using their bank cards. Like here in our country some of our banks not allowing us to use it even sending a money from crypto to our card.
At your service

Offline audi14

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Re: Cryptocurrencies and credit cards
« Reply #3 on: September 30, 2018, 11:50:30 AM »
Some countries are not letting their people to buy cryptocurrencies using their bank cards. Like here in our country some of our banks not allowing us to use it even sending a money from crypto to our card.

I agree...some countries didn't honor the idea of buying crypto tru credit cards.some says it is their protocol to protect the identity and the safety of the account itself.

Offline Zsangx12

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Re: Cryptocurrencies and credit cards
« Reply #4 on: September 30, 2018, 03:33:48 PM »
Some countries ban cryptocurrency, so you can not use a credit card to buy and sell cryptocurrency. You use Bank of America, this bank is in the United States of America, I think you can't buy and sell with it.

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