Post
Topic
Board Trading Discussion
Re: Buy bitcoin with credit card
by
drlukacs
on 27/11/2019, 09:57:59 UTC
hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin

I think credit card transactions would be bad for traders. because this is a decentralized market and if you trade through crypto and the bank finds that you make a lot of money then the tax authorities will probably make it difficult for you and you have to pay higher taxes.
Besides, transactions between credit cards like Visa or Mastercard cost more and it can be up to 3%. so you should go to the black market deals for better prices and faster transactions.