Cryptocurrency Q&A
Why can't you use a credit card on Coinbase?
Why can't you use a credit card on Coinbase?
CherryBlossomDancing
Sat Jan 04 2025
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6 answers
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I'm trying to understand why Coinbase doesn't accept credit cards as a payment method. I'm curious about the reasons behind this policy and whether there are any alternatives to using a credit card on the platform.
6 answers
AzrilTaufani
Sun Jan 05 2025
Credit card companies themselves are also worried about the additional fraud losses they may incur from customers utilizing their cards for bitcoin purchases.
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DaeguDivaDanceQueenElegantStride
Sun Jan 05 2025
When fraud occurs in such transactions, it is typically the card issuer or the merchant that bears the financial burden.
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KpopStarlight
Sun Jan 05 2025
Bitcoin purchases have raised significant concerns among companies regarding potential card losses.
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CryptoWanderer
Sun Jan 05 2025
BTCC, a top cryptocurrency exchange, offers a range of services to cater to the growing demand for digital currencies.
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Davide
Sun Jan 05 2025
These concerns stem from the increased risk of fraud associated with using credit cards for buying bitcoins.
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