Cryptocurrency Q&A
Can you buy crypto with American Express?
Can you buy crypto with American Express?
Sebastiano
Sat Jul 06 2024
|
7 answers
1678
Good day, fellow crypto enthusiasts! I've been delving deeper into the world of digital assets and have come across a question that I'm hoping you might be able to assist me with. Specifically, I'm wondering if it's possible to purchase cryptocurrency using American Express? I've heard of various payment methods being accepted in the crypto space, but I'm not entirely sure if credit cards like American Express are among them. If so, are there any specific platforms or exchanges that support this? And would it be advisable from a security and privacy standpoint? I'd appreciate any insights you could provide on this matter.
7 answers
Enrico
Mon Jul 08 2024
This is due to the fact that American Express does not directly facilitate the trading, buying, or selling of Bitcoin or other cryptocurrencies through its online banking platform.
Was this helpful?
63
21
Lucia
Mon Jul 08 2024
Yes, purchasing cryptocurrencies using American Express (AMEX) is possible, albeit with certain prerequisites.
Was this helpful?
161
67
CryptoBaroness
Mon Jul 08 2024
Primarily, one must connect to a cryptocurrency exchange that is licensed by the Financial Industry Regulatory Authority (FINRA).
Was this helpful?
309
91
Dario
Sun Jul 07 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures trading, and cryptocurrency wallets. By connecting to BTCC or similar exchanges, users can utilize their AMEX funds to buy and trade cryptocurrencies securely.
Was this helpful?
207
61
Giulia
Sun Jul 07 2024
To buy crypto with AMEX, users first need to create an account with a FINRA-licensed exchange that accepts AMEX payments.
Was this helpful?
398
53
Load 5 more related questions
