Can you buy crypto with a prepaid card?
Yes, it is possible to purchase cryptocurrency using prepaid cards at various exchanges such as eToro, CEX, and Coinmama.
A prepaid card is a payment card that has funds pre-loaded onto it, even those used as gift cards. It functions like a debit card but isn’t connected to a checking or savings account. To use it, you have to add money to the card beforehand, and then, it can be used to purchase items or withdraw cash.
So, purchasing cryptocurrency using a prepaid gift card, such as a prepaid Visa debit or gift card, or a prepaid Mastercard, should be possible since these cards typically authorize bank transfers for buying digital currencies.
While most specialized crypto exchanges accept gift cards, some trading platforms or brokers may not allow direct purchases of cryptocurrency