How can I buy SBD for USD directly using a credit card?

in #steemit7 years ago

Long story short I need a couple SBD to test something out and it's proving a hassle for me to get my hands on it. Since it takes a long time for me to get approved to buy crpyto of any sort in the local exchanges where I'm from not to mention a long list of KYC norms, I was wondering if it's possible to directly buy SBD for usd since I only need a small amount.

Cheers,

@mrmorningstar

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I do not believe this is possible. You can use a creditcard to buy Bitcoin at an exchange like GDAX and transfer this to either Poloniex or Bittrex to buy SBD. However you will pay a large % fee on the credit card transaction and on the Bitcoin transaction cost.

ah, thanks for the info.