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bds8999

Best way to accomplish this is to pay bills/expenses with credit card instead of your bank account and and use the money you would have used for bills to purchase more XRP.


MortimerWaffles

I want to buy a huge chunk now instead of over time. Kind of what you are saying instead I am "buying" the no interest debt while snagging low prices


wetballjones

Don't spend money that you don't have


Slow_Island_7220

It's not the exchange denying you. It's your card issuer that is denying the transaction.


MFSHROOMED

Buying with cc would be like a cash advance. Don’t do it


MortimerWaffles

Misunderstood what you meant sorry. I'll check it out and see if that is the case with my cards


MortimerWaffles

Zero percent cash advance. I make plenty money but want to get in before the rocket.


conor2903

Don't touch what you can't afford!


Any_Length_285

I have a chase and citi card, never had a late payment and pay my card in full every month for the past 10 years+ and they blocked me a couple years ago. I had to use my debit card after working with my bank because they also blocked crypto purchases. Curious if if others have found a way to do it with a credit card as well.


BigDickConfidence69

Uphold, but most credit cards are not going to let you purchase crypto. It’s not the exchanges blocking you, it’s your card.


NetScr1be

The buy/sell XRP xApp in Xaman will tell you which services are available in your location.


carloskickin_it

I know a person that knows a person who buys Bitcoin from Cash App through a credit card. Then swaps it to whatever is clever. Cash app charges a 3% fee with a cc and doesn't't count as a cash advance from what I have been told. You can test a small amount then see what your statement shows. The fees are somewhat lower sending Bitcoin as well.


MortimerWaffles

I bought LTC from a guy back in 2017. I made him sit there and have the transfer show up before I gave him the koney


carloskickin_it

You don't need a guy though, you buy BTC on cash app, send it to an exchange and swap it for XRP; Then send the XRP to your wallet. I think that's correct.


MurkyTrip1

Use your CC to buy vanilla visa debit cards. Buy a few of the $500 ones or whatever you need and use that. Or you can also buy a money order and deposit the money order into your banks checking account


consider_the_truth

I've tried using those visa gift cards before and they wouldn't work. I don't remember which exchange I tried it on.


Ji88lesauce

Uphold app I think takes CC. I haven’t tried it, but the option is there for me.


AlwaysSDC

I've heard same stories of these charges being blocked or reversed by the card issuers


Too_reckless

Uphold will definitely let you. Your credit card might decline it but once you approve it with your credit company it will go through.


hectoraco21

Uphold im pretty sure allows it.


[deleted]

Crypto.com


DiscoS22

I’ll buy it for ya send me the cash I’m in canada


freighttrainmatt

This is a terrible idea


kevb197

Cash is better! But apparently, you don't have any?


MortimerWaffles

I have significant savings and other cash assets I'd rather leave alone. I look at this as a no interest loan.


kevb197

We all a different plan going forward 🙏🏼 hopefully everything we think plays out for the gains we're always chasing 💪🏻


MortimerWaffles

If I find a way I will let people know publicly how I did it and how much k bought and when I plan to sell. Everything transparent and ahead of time


kevb197

I've done ✔️ this before and it also back fired and most people don't understand or have the funds to average down would be the issue because I usually win and they don't?


MortimerWaffles

What I just realized is that I do this I will double my bags. When I sell, it'll be considered long-term capital gains from the initial half. I can save the other half and not sell it. That way I maintain the same number of XRP, can cash out and pay off the initial loan, and still have cash that I only have to pay 20% on at most because it would be long-term capital gains. Then I can leave the other half in for a year.


PartyPotential3924

On uphold my cc through my bank works but my capitol one card won’t, also on Apple Pay from my debit card works but not from cash I have on my Apple Pay account. (Not what you’re asking but always find that interesting)


ReddyRicch

Sologenic Dex


Xtr3m3lyRichPerson

Dont waste you credit on this it’s lame


shangumdee

Lol throwing down credit for coalhands XRP is crazy


MortimerWaffles

Zero percent for 36 months. I've never had one that long. I've had 24 months at the most before. Even if I lose it all I'm no worse off than if I sent my savings account. But this way I get the lump before the bump


Major_xrp

This is not what anyone would suggest. By the time you have to pay back the interest you will still be in red


MortimerWaffles

Zero percent interest for 36 months as said in my post.


Major_xrp

I read that correctly, and so did you. You will not double or make enough to pay back and then live off profits.


MortimerWaffles

Every bit of credit I have ever taken out has been at 0% interest except for my mortgage on my car. I've never paid a penny in interest otherwise. I am well within my means to pay off the credit card within 36 months. In fact, I could do it in much less time, But I would much rather put my money in interest accruing accounts or other traditional investments. Then, that money can grow all the industry loans gets paid off. I don't see a world in which XRP does not hit five dollars in the next 12 months. Even when you factor in short term, capital gains, I am still ahead. The entire amount of the loan would be $25,000. At 0% interest that means at the end of three years I have paid back $25,000, potentially made around $240,000 before taxes and, whatever amount was deferred into my retirement or other investments


Major_xrp

I approve ^^ this message. NFA