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RE: New Survey Reveals Staggering Number Of People Are Buying BitCoin On Their Credit Cards

in #bitcoin7 years ago

The virtual currency exchanges where Bitcoin is bought and sold will charge conversion fees when either a credit or debit card is used to find an investor's account. Coinbase, the largest of the cryptocurrency exchanges, charges a conversion fee of 3.99 percent when a user uses his or her credit or debit card to bankroll their account.​
Obviously, this is not the most financially-savvy move on the part of of a sizable percentage of Bitcoin investors.