https://i.kinja-img.com/gawker-media/image/upload/s--6V-4Qtda--/c_scale,fl_progressive,q_80,w_800/olvr5y9jrvn3o233uaos.jpg

<hr/>
The price of Bitcoin is the lowest it’s been in weeks, and you may want to get in in on the action before its value shoots back up again (assuming it ever does). There’s nothing wrong with investing some money in cryptocurrency—as long as it’s money you can afford to lose—but a growing number of people are using their credit cards to buy Bitcoin instead.

Depending on how you go about it, buying Bitcoin on credit can be just as safe as any other method, but it can also be downright dangerous. Here’s what you need to know about using your credit card to invest in cryptocurrency, and why you should think twice before you do.

How to Buy Bitcoin With a Credit Card
Buying Bitcoin with your credit card is just as simple as buying with a debit card or paying directly from your bank account, though it does come with a few extra restrictions.

Coinbase, which is arguably the most popular digital currency exchange around, will happily take your credit card. The only catch is that the company only accepts Visa and Mastercard, so your American Express card won’t work. Coinbase also charges a 3.99 percent convenience fee, but that applies to both credit and debit card purchases.

Read more: https://lifehacker.com/how-to-buy-bitcoin-with-a-credit-card-and-why-you-proba-1822457092