The world of cryptocurrencies is more and more present in the lives of American citizens daily. This is a good start to investing and earning money by purchasing cryptocurrencies. This is quite a vast world and should be studied before investing in it.
That is why MoonPay was born as a financial technology company specializing in buying and paying crypto; this way, you can have a platform for buying and selling different secure crypto companies that provide payment facilities.
The key question is, do they accept credit cards? Stick around, and we’ll explain everything below.
Can I buy crypto in MoonPay with my credit card?
One of the advantages of MoonPay is the different payment methods it allows when investing in any cryptocurrency wallet. Among these payment methods, the use of credit cards is available; the most used are VISA, Master, and Maestro.
If you are not in the United States and have a credit card, the MoonPay app will let you make your transactions as easily as a U.S. resident.
How can I pay with my credit card in MoonPay?
The checkout process on MoonPay is simple. If you don’t have an associated account, it will be created automatically with your first cryptocurrency purchase.
You first need to go to the website or open the application. You will have to select which cryptocurrencies you want to buy; you will see all the available options. Then the system will ask you to enter the number of cryptocurrencies to be paid.
If you buy from the website, a text box will appear asking you for the email associated with your cryptocurrency wallet. MoonPay must ensure that the email is compatible with the crypto you want to purchase.
When you enter the email, the terms and conditions of use will appear; you must click the accept box and choose the “buy now” option. You must wait for the confirmation via email of compatibility between the credit account and the wallet.
Once the transaction is completed and the order is confirmed, an email will be sent with a tracker link; you can check the order status in real time.
MoonPay through a wallet app
In the case of using MoonPay with an app associated with a crypto wallet, the app will automatically link the email associated with the wallet and the credit account. It is unnecessary to explain where you must send the cryptocurrencies you buy.
Other payment methods
As a U.S. resident, you can pay for your cryptocurrencies through payment systems such as Apple Pay or Google Pay. You can also pay with your debit account information.
If you are not located in the U.S. or do not have accounts associated with an American bank, you can pay with your debit, credit, Apple Pay, or Google Pay account. You also have other payment options, such as:
- SEPA and SEPA Instant (EUR-denominated transactions in SEPA countries only).
- U.K. Faster Payments (GBP-denominated transactions in the U.K. only)
- PIX (BRL-denominated transactions in Brazil only)
How many types of cryptocurrencies can I buy at MoonPay
In MoonPay’s catalog, you can get up to 49 different cryptocurrencies if you are a U.S. resident, whereas if you are not a U.S. resident, you have 101 options available. This varies depending on your country, as some cryptocurrencies are not available.
In the United States, there are only 49 because they are the ones accepted in the country, but the platform has a complete catalog of 101 cryptocurrencies.
Is there any state where I can’t use MoonPay?
The MoonPay Platform is available in the U.S. and internationally, covering 168 countries. However, some states do not support this platform in our country. These states are Louisiana, New York, Texas, and the Virgin Islands.
What is the minimum order amount?
The minimum order amount in currency is the equivalent of €30, this means that it will vary by country, but that amount guides the platform. In the U.S., this translates to $30.98 as the minimum reference to spend when buying a cryptocurrency.
References
- “What are your supported payment methods,” SUPPORT MOONPAY.support.moonpay.com/hc/en-gb/articles/360017624078-What-are-your-supported-payment-methods-