Author

Topic: Cryptocurrency Banned by Mastercard? (Read 172 times)

legendary
Activity: 1890
Merit: 1003
August 02, 2019, 08:22:17 PM
#6
It should be possible to do so. There is no reason to use Simplex anyway, as they're fees are extremely high.

Try some of these exchanges (depending on your location): Coinbase, Coinmama, BitPanda or CEX.io.

Failed on CEX.IO as well.
I used my MasterCard on Cex.io a few days ago and everything works fine. Maybe there is an online spend limitation by the card-issuing bank. In this case, try Skrill and convert Skrill USD to the Bitcoin with services like Bitpanda and Wirex(service has high fees AFAIK).
jr. member
Activity: 132
Merit: 3
August 02, 2019, 09:39:26 AM
#5
It should be possible to do so. There is no reason to use Simplex anyway, as they're fees are extremely high.

Try some of these exchanges (depending on your location): Coinbase, Coinmama, BitPanda or CEX.io.

Failed on CEX.IO as well.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
August 02, 2019, 09:18:49 AM
#4
My understanding was that it makes a difference whether you are using a credit or debit card.  Quite a few banks banks won't allow their customers to buy cryptocurrencies on credit.  Shouldn't make a difference whether it's visa or mastercard, as long as you use debit.

//EDIT:  Okay, you've edited the OP to clarify it is a debit card.  Not sure what else to suggest, then.  Do you maybe live somewhere the US have imposed sanctions on?
newbie
Activity: 63
Merit: 0
August 02, 2019, 07:19:54 AM
#3
And I and all my friends use Visa to buy crypto. I think it is easier for you to find such a card than to make a payment through MasterCard
staff
Activity: 3500
Merit: 6152
August 02, 2019, 07:14:39 AM
#2
It should be possible to do so. There is no reason to use Simplex anyway, as they're fees are extremely high.

Try some of these exchanges (depending on your location): Coinbase, Coinmama, BitPanda or CEX.io.
jr. member
Activity: 132
Merit: 3
August 02, 2019, 07:03:52 AM
#1
Is cryptocurrency banned by MASTERCARD?

I tried to use Mastercard to buy coins on several sites but all failed. Simplex advised to use Visa card.

I had no problem using my debit Mastercard before this.
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