Bitfinex User Can Buy Cryptocurrencies With Credit and Debit Card

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Bitfinex, one of the top cryptocurrency exchange now allows users to buy cryptocurrencies with their debit and credit cards. Bitfinex makes this announcement via a tweet on 20 December.

Bitfinex users now buy their favourite cryptocurrency directly with their debit and credit cards. Users can buy directly Bitcoin, Etherum, USDT or any other ERC-20 tokens that are listed on Bitfinex exchange. Bitfinex makes the process of buying of cryptocurrencies faster and easier for new users.

Bitfinex User Can Buy Cryptocurrencies With Credit and Debit Card 1

Bitfinex accepts Master card and Visa debit and credit cards. The minimum purchasing account with credit card is $25 and the maximum limit is not disclosed by Bitfinex that means your credit/debit card limit is the maximum limit. Bitfinex also gives users multiple payment processor options.

Bitfinex is not the first cryptocurrency exchange to allow deposit via credit and debit cards. Binance the leading cryptocurrency exchange allows users to buy cryptocurrencies from multiple fiat currencies including credit and debit cards.

Before depositing any funds from your credit and debit cards on any cryptocurrency exchange make sure that your bank allows buying and selling of cryptocurrencies. As per RBI (Reserve Bank of India) orders Indian banks are prohibited to take any transaction related to cryptocurrencies. There are many cases in which the bank freezes user accounts for dealing with cryptocurrencies.

Also Read: How to Earn Bitcoin?