Why Using a Credit Card to Buy Crypto Is Often a Bad Idea

·5 min read
Why Using a Credit Card to Buy Crypto Is Often a Bad Idea

If both your bank and crypto exchange will allow it (not all of them do), it can be a quick and easy way to pay. It's tempting to whip out your credit card because Bitcoin's just dipped to its lowest point in 18 months (again) and you want to buy the dip. There are a number of extra costs and disadvantages of using a credit card to buy crypto.

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