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RE: My Credit Card Company has Declared War on Cryptos
This is so crazy. It is sad that banks are doing this kind of thing. I have resorted to just keeping a little bit of money in my Coinbase USD wallet at any given time so I can make immediate purchases if the price gets to a point I like. Regular purchases from a bank account can take 1 to 2 weeks. It doesn't make anything quicker, but Ally is a great online bank that hasn't seemed to put any restrictions on working with crypto yet. -@bozz
That's what I liked about using a CC was that the funds were available instantly and I could send whatever I bought to another exchange and buy what I really wanted to trade for immediately, not a week later. In this case it was an experiment to see if my card company was going to charge a fee for crypto purchases. I had no idea they'd disable them altogether! I have plenty of credit cards (most of which I don't use because the rewards are lower) so that's not an issue, it was just very surprising.