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RE: These Banks Have Banned Cryptocurrency Purchase Through Debit & Credit Cards!

in #banks7 years ago

I don't like banksters.

But this move is completely logical. And dare I say REASONABLE and PRAGMATIC.

The terms of purchase that credit card companies have been forced to adopt by REGULATORS leave them vulnerable to charge-backs if crypto had a huge collapse and many buyers on credit cards claimed they had been defrauded.

If you can only purchase crytpos on credit, you probably shouldn't be purchasing crytpo.

But if you really insist on that stupid move, go take a cash advance from credit card and use the cash to buy cryptos.

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