Summary: If you are a customer of Afterpay and would like to invest in cryptocurrencies, we recommend signing up with eToro. This platform is beginner-friendly and offers 1,000s of digital assets to invest in like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and many others. Signing up takes 2 minutes and you can then deposit USD via bank or credit card deposits. eToro is further regulated in the United States by FinCEN which makes it safe to use!
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Unfortunately, Afterpay does not offer the possibility to purchase cryptocurrencies like Bitcoin and Ethereum through its platform. Customers of Afterpay who want to buy and sell cryptocurrencies have to use external exchanges.
We recommend using licenced and regulated exchanges like eToro that have a long track record of providing safe and secure trading services.
Those who want to buy cryptocurrencies through Afterpay can do so by signing up and linking their account or card to a third-party exchange.
We recommend using exchanges like eToro which is regulated by FinCEN in the US and have been securely operating for over 10 years.
Signing up only takes a minute or two and you can then deposit funds via bank transfer or credit/debit card deposit.
Once your funds have arrived you can invest in 100s of digital assets such as Bitcoin, Ethereum, Solana, Cardano, Doge, Cosmos and many others!
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Afterpay account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Afterpay account holders can buy cryptocurrencies by using their Afterpay virtual card.
The virtual card is linked to the Afterpay account which can easily be connected to outside third-party exchanges for cryptocurrency purchases.
The Afterpay virtual card is easy to use and accepted anywhere that accepts Visa or Mastercard.
As of right now, Afterpay isn't offering any crypto-related products but they are thinking about how they could integrate in some innovative features into the financial management system. They told IT News,
"We're always looking for ways to improve our offering for customers and merchants, and we are actively considering how innovative features could be a part of the financial management ecosystem we are building"
The company added that it is,
"They are committed to providing our customers with a safe and secure way to manage their finances, and we will continue to monitor the cryptocurrency market closely."
It's no secret that the crypto industry is booming. In 2021, the global crypto market market cap reached $3 billion and is expected to balloon to $10 trillion by 2025. No wonder Afterpay's thinking of jumping on the crypto bandwagon!
Most banks and financial service providers, including Afterpay, allow customers to purchase digital assets from regulated exchanges.
To ensure smooth deposits and secure asset storage, Afterpay account and cardholders should signup to licensed exchanges when buying cryptocurrencies.
Afterpay was founded in Melbourne, Australia in 2015 by Nick Molnar and Anthony Eisen. The two co-founders wanted to create a platform that would enable people to buy items right away without having to worry about the cost.
Afterpay is a digital payment system that allows customers to pay for their purchases in instalments over a short period of time. The business model behind Afterpay is a concept known as “buy now, pay later”.
Afterpay customers can purchase items online or in-store and then pay for them in equal instalments over time.
There is no additional charge for customers who pay their instalments on time. For customers who don’t pay on time, they are subject to interest fees.
The success of Afterpay has been driven by its ability to provide customers with a convenient and affordable way to finance their spending while offering retailers a new way to increase their sales.
Afterpay which was recently acquired by Square has become a major player in the digital payments market, with over 10 million customers in the US, Canada, UK, Australia, and New Zealand. The company has grown rapidly and now offers its services to more than 25,000 merchants worldwide.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
