Can You Buy Bitcoin With a Credit Card?
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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
What Is Bitcoin?
How to Use a Credit Card to Buy Bitcoin
When Is It Allowed?
When Is It Not Allowed?
Fees Cardholders Can Expect
Visa: Service charge: Up to 2.5% plus $1.20 Commission: Up to $3.80
Mastercard: Service charge: Up to 1.8% plus $1.20 Commission: Up to 1.2% plus $3.80
The Risks of Buying Bitcoin With a Credit Card
Alternatives to Buying Cryptocurrency With a Credit Card
The Takeaway
About the Author
Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards and currently serves as a New Jersey Society of Professional Journalists board member. An alumnus of the Philadelphia-based Temple University, Abdur-Rahman is a strong advocate of the First Amendment and freedom of speech.
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