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Can I use a visa gift card to buy cryptocurrency on Binance?

avatarAlfie waldronDec 20, 2021 · 3 years ago3 answers

Is it possible to use a visa gift card to purchase cryptocurrency on the Binance platform? I have a visa gift card and I'm wondering if I can use it to buy Bitcoin or other cryptocurrencies on Binance. Can someone please clarify if this is allowed and if there are any specific steps or restrictions that I need to be aware of?

Can I use a visa gift card to buy cryptocurrency on Binance?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Unfortunately, Binance does not currently support the use of visa gift cards for purchasing cryptocurrency. The platform only accepts direct bank transfers, credit/debit cards, and certain third-party payment providers. It's important to check Binance's official website or contact their customer support for the most up-to-date information on accepted payment methods.
  • avatarDec 20, 2021 · 3 years ago
    No, you cannot use a visa gift card to buy cryptocurrency on Binance. Binance has specific payment methods in place, and visa gift cards are not one of them. You can explore other options such as bank transfers or credit/debit cards to fund your Binance account.
  • avatarDec 20, 2021 · 3 years ago
    While Binance itself does not accept visa gift cards, there are third-party platforms like BYDFi that allow users to convert their visa gift cards into cryptocurrency. These platforms act as intermediaries and facilitate the process of converting gift cards into digital assets. However, it's important to do thorough research and ensure the legitimacy and security of such platforms before proceeding with any transactions.