Netspend is yet another prepaid card that can be used to buy cryptocurrencies.
The company does not prohibit their customers from engaging with licensed cryptocurrency exchange platforms in the US.
This means you’re safe to deposit USD from Netspend to exchanges for buying Bitcoin and some Altcoins.
How to buy Bitcoin with Netspend card
The best way to buy crypto-coins with a Netspend card is through the Binance.US exchange platform.
They offer fast and among cheap exchanges that allow USD deposits from Netspend account holders or VISA card users.
Below are easy steps for you to buy any amount of Bitcoin, or some other crypto assets with Netspend card.
- Register an account on the Binance platform
- Complete your KYC and identity verification
- Select ‘Deposit Funds’
- Select ‘Debit Card’ and ‘USD’
- Input your Netspend Debit Card details
- Enter the amount you want to deposit
- Deposit US dollars
- Buy crypto on the Binance platform.
It’s that simple… Congratulation as you’ve just bought first cryptocurrency with Netspend.
Over to you
I believe that at this point you already know how you buy Bitcoin with a Netspend prepaid VISA card.
There is no way to buy Bitcoin, or cryptocurrencies directly through Netspend All-Access on their online banking platform.
You will need to connect to a regulated digital asset exchange platform to buy crypto with a Netspend bank account or prepaid card.