Are americans buy bitcoin and cryptocurrencies in Credit

waqarhussain00 (25)in #cryptocurrency • 7 years ago (edited)

I saw reports of buisness insider and bloomerg both reported that JB Morgan , citi and Bank america were going to stop allowing to use creditcard to purchase cryptocurrencies with creditcard
I went to CNBC to also find a link the credit story and this result was populated by ads to buy bitcoin with credit cards
I am not sure this is more dangerous from a financial stand point that buying BTC on margin

From a practial standpoint, using a creditcard with average intrest rates abve 15% according to creditcards
Something that has been as volatile as bitcoin and cryptocurrencies is not good assets

#bitcoin #news #cryptocurrencies #financial

7 years ago in #cryptocurrency by waqarhussain00 (25)

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cheetah (77) 7 years ago

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cointelegraph.com/news/bitcoins-2-month-low-sign-of-the-time

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