Why can't i use my card to buy crypto?

In the event of a dispute, credit card companies may be forced to reimburse the customer, even if the transaction was legitimate. This scenario places the burden of proof on the credit card issuer, who must demonstrate that the transaction was not fraudulent.

To mitigate these risks, many credit card companies have adopted strict policies regarding cryptocurrency purchases. This includes limiting or prohibiting such transactions altogether.

The question arises frequently: why is it difficult to purchase cryptocurrency using a credit card? The primary reason lies with the credit card companies themselves.

Credit card firms are cautious about engaging with high-risk industries, such as cryptocurrency exchanges. This caution stems from the volatile nature of digital currencies and the associated regulatory uncertainties.

BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Its platform supports spot trading, futures contracts, and wallet services, providing users with a comprehensive suite of tools for managing their digital assets.