Coinbase: Buying Cyrptocurrency with a credit card (cc)? Buyer beware
Coinbase has announced that buyers of cyrptocurrencies on their platform with credit cards may be charged a cash advance by credit card producers (visa, mastercard, etc) which could greatly increase the cost of buying these currencies. This fee would be on top of the fee coinbase charges for using a credit card. Cash advance fees can be as much as 25%, added in with coinbase fees these fees could cost as much as 30% of the total purchase. BUYER BEWARE
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