How to buy bitcoins with amex debit card?

1

I have a debit card and would like to buy bit coins, is there a way with amex?

Jim Lahey

Posted 2014-05-31T01:47:50.980

Reputation: 11

Question was closed 2014-06-09T11:31:13.427

2

See this question. The short answer is: probably not, a Bitcoin seller who accepted credit or debit cards would be extremely vulnerable to fraud.

Nate Eldredge 2014-05-31T05:23:38.537

Most probably you won't be able to do so, for the same reasons most crypto-currency dealers avoid being paid via Paypal or other, non Am.Ex. credit cards (fear of charge-backs). Don't know if AmEx allows you to withdraw cash from your credit card, that would be accepted by anyone.Joe Pineda 2014-05-31T20:14:42.693

Answers

0

Coinbase has options for both debit and credit.

user2596426

Posted 2014-05-31T01:47:50.980

Reputation: 31

I just wanted to comment on this to clarify the credit card option works with Coinbase. I logged into my Coinbase account and it does have an option to add a credit card, but it says it charges credit cards only as a backup, similar to the way PayPal works.Evan Lynch 2014-06-01T22:52:55.430