Most US banks are upset about buying Bitcoin and other cryptocurrencies. Chime is not a proper bank, but when you buy Bitcoin with a Chime account, you act like someone and hate it.
This is odd because it can disrupt the banking market and allow other digital banks like Cash App, MoneyLeon, and Revolut to buy and sell cryptocurrencies directly through the app.
However, there are many ways to buy Bitcoin and other cryptocurrencies with Chime. Some of them are dangerous because Chime can temporarily or permanently block your account. The four main ways to buy Bitcoin from Chime Bank are:
1. Buy Bitcoin with a Chime Paxful Resonance Instant Transfer
2. Transfer Funds to Cash App and buy BTC
3. Buy Directly from Coinbase
4. Buy Directly from Binance
1. Buy Bitcoin with a Chime Paxful Resonance Instant Transfer
If you haven’t heard of Paxful, it’s a P2P exchange founded in 2015 that makes it easy to buy Bitcoin with a chime from other people using instant transfers and Chime instant transfers.
Unlike Chime, you can use any of the 350 payment methods. The platform is said to have more than 6 million users and uses escrow to provide an affordable trading experience for both parties.
On Paxful, you can buy not only Bitcoin but also Ethereum and Tether, and it is regulated as a financial services company in the United States. All clients are certified to ensure a safe trading environment.
To start buying PaxfulBitcoins on Chime:
1. Create an extreme account and get your own free Bitcoin wallet
2. Click Buy from the main menu and select Buy Bitcoin
3. Click the Buy button to view the seller’s terms
4. Set the amount of Bitcoin to buy with this tool and click Buy Now to start trading
Remittance and payment press
All you need to register a Paxful account is your ID, phone number, and email. Click the buy button to view the seller’s terms.
However, you may be asked to confirm your online wallet funds or take a snapshot of your bank deposit slip and provide a receipt for the gift card you purchased and used for the transaction.
2. Transfer to Cash App and buy BTC
Cash App is a digital bank like Chime but has a few different features. One of them is that you can buy Bitcoins and shares while using the Cash app.
The Bitcoin trading feature is one of the most popular parts of the Cash app which attracts millions of people.
Now, to transfer funds from the Chime app to Cash, you need to link your Chime account or Cash Card to the Cash app. This can be easily done from the app cache. Here’s how.
1. Open the Cash app
First, sign up for the cached app and go to your profile. You can do this by clicking on the photo in the app. This process can also be done on the desktop and is very similar.
2. Add a bank account
Find and click the “Add Bank” button. A list of popular bank accounts opened with a bell. Click the bell icon.
3. Log in to your Chime account
This will require you to go to Chime Login and enter your credentials. Connect the two accounts and get ready to send money.
4. Transfer and buy Bitcoin
After transferring funds between accounts, you can buy Bitcoins with the Cash app.
There are various fees for trading Bitcoin, but apart from regulatory and government fees, there are no fees for equity investment accounts.
3. Buy Bitcoin Directly from Coinbase
It’s fun here. To transfer funds to buy Bitcoin and other cryptocurrencies, you basically link your Chime debit card to CoinBase, the most popular cryptocurrency exchange in the United States.
However, because Chime’s account is blocked, it can be difficult to access the funds in your account. They have had no problems depositing money on this exchange, but they have also had issues with some clients trying to collect money from Coinbase into piles.
Coinbase supports a variety of payment methods, including:
1. Bank transfer
2. Bank account (ACH)
3. PayPal
4. Discount card
5. Instant cash payment to your bank account
6. Apple and Google Pay
Don’t link debit card chime
4. Buy Bitcoin Directly at Binance
Binance is the world’s largest cryptocurrency exchange and Binance.us is a US-based platform. The process of adding a Chime Debit Card to Binance is similar to that of Coinbase and can be completed in minutes.
It is better to send a small amount of money to see if it happens when it happens Again, some users have reported that they have no problem connecting their chimney to Binance, others have reported that they have no problem connecting their chimney to Binance. Unable to send money
Fortunately, Binance supports other options as well. There are lots of deposits to buy BTC and other cryptocurrencies, but first, let’s take a look at how to connect your Chime Debit Card to Binance.
1. Go to the Binance.us dashboard.
2. Click on the account icon at the top right of the screen
3. Select Settings from the drop-down menu
4. Click Payment Method. At the top of the screen
5. Select Add new account.
6. Select Debit Card
7. Enter your debit card information.
8. Click Add Card.