Pre-paid card to buy crypto on Binance?

augusto1982augusto1982 Member Posts: 2
Hi! I'd like to know if one can use their pre-paid card to buy Crypto on Binance. A friend heard that a while back a friend's account got locked because of this. I know about paxful, although P2P is less than optimal.
Thanks!

Comments

  • Aron_PayoneerAron_Payoneer Administrator Posts: 149 ✭✭✭✭✭✭

    Hey @augusto1982

    Payoneer cards can be used to buy cryptocurrencies.

    Despite that please take into account that the sale or exchange of cryptocurrencies is prohibited with all of our services. You can review this in section 20.2 of our Terms & Conditions.

  • zylar07zylar07 Member Posts: 2
    > @Aron_Payoneer said:
    > Hey @augusto1982
    >
    > Payoneer cards can be used to buy cryptocurrencies.
    >
    > Despite that please take into account that the sale or exchange of cryptocurrencies is prohibited with all of our services. You can review this in section 20.2 of our Terms & Conditions.

    So, just to clarify. It's ok to use the card for buying crypto in Binance, and the account will not be banned?
  • Hannah_PayoneerHannah_Payoneer Confirm Email, Administrator, Moderator, VIP Member, Community Mod Posts: 335 ✭✭✭✭✭✭✭

    Hi, @zylar07 Payoneer does not restrict its cards from being used to purchase cryptocurrency. Please note that the card usage is still subject to the Card Terms and Conditions, you can view it through your online Payoneer account. Once logged in, click on Legal at the bottom of the page.

    It is also important to keep in mind that the card acceptance is subject to the merchant’s Terms and Conditions.

    Please note that Payoneer's Terms and Conditions for receiving payments still does not allow for receiving funds that are related to crypto.

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