Used my indian credit card to buy. hassle free. however, i was charged under cash advance and not credit. cash advance fees are quite high. not the best option.
Can u please explain what does this
quite high mean in terms of %. Suppose u r buying 10000 INR worth of Bitcoin. How much will it actually cost u ?
Cash advance is a feature you should
never use on a credit card.
The fees can be ridiculously high. They usually levy a transaction charge of 2.5-3%
and start levying interest charges (which can go up to 3.6% per month) immediately on the transaction. So if you make the purchase now and pay your credit card bill in a month's time, you can end up paying a 6% charge!