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In addition to a fee the exchange charges for its service, it might charge an additional fee for using a credit card.
For example, the exchange might charge you a percentage of the transaction amount to exchange dollars for bitcoin or other cryptocurrency. Coinmama, for instance, trades in eight cryptocurrencies, including bitcoin. Your credit card issuer is likely to consider the crypto purchase a cash advance, as if you used your credit card to take money out of an ATM terminal.
Cash advance fee. Higher interest rate. Many cards charge a higher annual percentage rate for cash advances than for regular purchases.
No grace period. Cash advances, though, start to accrue interest from day one. Lower credit limit. Some credit cards have a separate cash advance credit limit, which is lower than the overall credit limit. Trading crypto on Binance is easy and intuitive.
You only need a few steps to buy Bitcoin instantly. Millions of global crypto users trust us. Many users hold on to their Bitcoin with the expectation of it increasing in value.
You can store your BTC safely on your Binance account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet. Trade Bitcoin.
Binance offers many trading pairs for Bitcoin trading to meet your needs. Send Bitcoin.
Yes, Binance allows you to easily transfer value around the world, fast. You can buy Bitcoin online and send to anyone and anywhere with their Bitcoin address.
Verify your identity Create your purchasing account in minutes by adding your details and verifying your identity. Purchase Bitcoin Select what you want to buy and pay with debit or credit cards, Apple Pay, or a bank transfer. New to Bitcoin?
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