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PayPal joined the cryptocurrency market in 2020, allowing customers to buy, sell and hold bitcoin and other virtual coins using the digital payments company's online wallets.
Pros and cons of using credit cards to buy cryptocurrency. ... “Crypto winter,” the downturn that plagued the crypto market in 2022, killed off some crypto-oriented credit cards entirely.
You can buy cryptocurrency with certain credit cards, but you'll face high fees and interest charges, and your creditor may even process the transaction as a loan.
Only you can decide if a crypto credit card is a good idea or not.
A cryptocurrency, crypto-currency, or colloquially, crypto, is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
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