It’s no secret that cryptocurrencies have been on the rise in recent years. With Bitcoin hitting an all-time high in mid-2017 and other digital currencies not far behind, more and more people are looking for ways to get involved in this new and exciting market.
One popular option is Coinbase, a digital currency exchange that allows users to buy, sell, and store cryptocurrencies.
While Coinbase is a great choice for those just getting started in the cryptosphere, experienced traders may find that Coinbase Pro – the exchange’s advanced trading platform – better suits their needs. So, can you use a debit card on Coinbase Pro?
The short answer is no. Coinbase Pro does not accept debit cards as payment method. However, there are a few workaround that could still allow you to use your debit card to fund your Coinbase Pro account…
NOTE: WARNING: Using a debit card on Coinbase Pro is not recommended. Debit cards are vulnerable to fraudulent charges and the Coinbase Pro platform does not offer the same level of fraud protection as credit cards. Additionally, debit card deposits may be subject to additional fees and may take longer to process than other payment methods. Therefore, it is advisable to use a credit card instead when using Coinbase Pro.
If you’re looking to use your debit card on Coinbase Pro, your best bet is to first purchase cryptocurrency on another exchange that does accept debit cards (such as Coinbase), and then transfer those funds to Coinbase Pro. While this may take a bit more time and effort than using a traditional payment method, it’s still a relatively simple process.
Another option is to find a friend or family member who already has a Coinbase account and is willing to send you the cryptocurrency you need to get started on Coinbase Pro. This option may be faster and easier than the first, but it obviously requires that you know someone who already uses Coinbase.
Finally, there are a few cryptocurrency ATMs located around the country that will allow you to purchase Bitcoin or other digital currencies with cash, which can then be deposited into your Coinbase Pro account. However, these ATMs can be hard to find and usually charge high fees, so they may not be the best option for everyone.
So there you have it – at this time, it is not possible to use a debit card on Coinbase Pro. However, there are a few ways around this issue if you’re determined to use the advanced trading platform.
6 Related Question Answers Found
There are a few things to keep in mind when using your debit card on Coinbase. First, your card must be approved for international purchases. Second, you may be charged a cash advance fee by your bank.
Yes, you can use a credit card on Coinbase Pro. To do so, simply log in to your account, select the “Buy/Sell” tab, and then select “Credit/Debit Card” as your payment method. From there, you’ll be able to enter your credit card information and complete your purchase.
As one of the most popular cryptocurrency exchanges, Coinbase has been a go-to platform for buying and selling digital assets since its launch in 2012. In addition to its user-friendly interface, Coinbase is also known for its security, offering insurance for user funds and 2-factor authentication. In 2018, Coinbase launched Coinbase Pro, a separate platform designed for more advanced traders.
If you’re a US-based trader, the short answer is yes, you can absolutely use your Coinbase account to trade on Coinbase Pro. In fact, it’s one of the simplest ways to get started trading cryptocurrencies. Coinbase is one of the most popular cryptocurrency exchanges in the United States and it offers two separate but integrated products: Coinbase for retail investors and Coinbase Pro for more advanced traders.
As one of the most popular cryptocurrency exchanges in the world, Coinbase allows users to buy and sell digital currencies such as Bitcoin, Ethereum, and Litecoin. Coinbase also allows users to withdraw their cryptocurrency holdings to an external wallet or account. So, can you withdraw to debit card on Coinbase?
It’s easy to add a debit card to Coinbase! First, sign in to your Coinbase account. Then, click on the “Settings” tab at the top of the page.
