How to buy Bitcoin & Ethereum at Capital One?
Want to buy Bitcoin, Ethereum and other cryptocurrencies with your Capital One credit card? Then this page is the place to be! With the three steps in this article, you can buy Bitcoin directly from Capital One.
How do you buy Bitcoin at Capital One?
Step 1: You first need an account with a reliable crypto exchange. This is because it is not possible to buy Bitcoin directly with your Capital One account. In the overview below, you can immediately see which parties you can invest in Bitcoin at favourable rates:
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Step 2: After you open an account with a crypto exchange, you need to go through the verification steps. After your account is approved, you can immediately deposit money into your account.
Step 3: After the money is in your account, you can start investing right away. To do this, navigate to the crypto asset you want to invest in and press buy. You can choose to buy the crypto directly or you can choose to use an order. With an order, you set your own price at which you want to open the position. With an order, you can choose exactly at what price you want to buy a crypto, but run the risk that the order won’t ever be executed.
Can you buy crypto with your Capital One credit card?
When you choose a reliable exchange, you can use your Capital One credit card to buy crypto. You then deposit money into your crypto account & then buy the crypto of your choice. However, keep in mind that there are often extra transaction fees for using a credit card. It can therefore be attractive to do a bank transfer directly when possible.
What should you pay attention to when buying Bitcoin through Capital One?
- Risks: investing in crypto is risky! Prices are very volatile and you can lose your entire deposit.
- Spread: don’t forget to spread your investments across different investment products. You can also invest in different types of cryptos.
- Speculation: take extra care with active trading! Few investors manage to beat the market.
- Reliability: choose a reliable crypto exchange to link to your Capital one account.
- Wallet: remember to move the crypto you buy with Capital One to an external wallet, that way you maintain control!
About Capital One
Capital One Financial Corporation is the holding company that includes the Capital One credit card. The bank’s headquarters can be found in McLean, Virgina. Capital One provides various financial services: think about offering credit cards, car loans and banking.
Capital One bank has over a quarter of a billion dollars in assets under management and serves over two million customers. This makes Capital One a big player where you can open an account & invest in crypto.
Can you buy Bitcoin at Capital One?
It is certainly possible to buy crypto at Capital One Bank, for instance with your Capital One credit card. However, you do need to take some extra steps, as the bank does not directly allow you to invest in crypto. By opening an account at a reliable crypto exchange, you can still buy popular crypto like Bitcoin and Ethereum without much effort.