Why is it so difficult to purchase bitcoins with a credit card?

1 answers

• May 01, 2022 · 3 years ago
  At BYDFi, we understand the difficulties associated with purchasing bitcoins using a credit card. One of the main reasons is the risk of chargebacks. Credit card transactions can be reversed, which poses a risk for sellers who may lose their bitcoins without any recourse. To ensure a secure and reliable trading experience, BYDFi offers alternative payment methods such as bank transfers and cryptocurrency exchanges. These methods provide greater security and reduce the risk of chargebacks. Additionally, BYDFi offers competitive fees for cryptocurrency purchases, making it more cost-effective for buyers. We strive to make the process of buying bitcoins as seamless as possible, while prioritizing the safety and convenience of our users.
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