Topic: Visa Prepaid Gift Card for Instant Transactions on Coinbase (Read 2841 times)
Coinbase fee is rather high compare to bitstamp when buying bulk.
No, your credit card is only use as a backup on coinbase. In other words coinbase will try to debit your bank account first, and if this fails then they will charge your credit card. I think having both a bank account and credit card linked (and you pass their internal "risk checks") then they will allow instant purchases of bitcoin up to certain (low) limits.
The Amex Card is a debit card. I can't get a credit card because I'm not 21 and the fools in Washington think they are qualified to make my choices for me.
I would think that they would be able to tell when a Card is a prepaid card verses a actual credit card.
I think you should apply for a credit card at a bank that offers no annual fee credit cards as there are many. If you were approved for an AMEX then you would probably get approved for a VISA as well.
I think you should apply for a credit card at a bank that offers no annual fee credit cards as there are many. If you were approved for an AMEX then you would probably get approved for a VISA as well.
I don't have a Visa, only American Express, so I use ACH without a verified card to make Bitcoin purchases on Coinbase, but ACH is slow. Is it possible to use a Visa prepaid giftcard for instant purchases on Coinbase?
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