Summary: Moneypak customers that want to buy cryptocurrencies like Bitcoin and Ethereum have to signup to FinCEN-regulated exchanges. We recommend signing up with beginner-friendly eToro as it's regulated and safe to use. It's regulated in the United States and offers 1,000s of digital assets that can be safely bought and sold. The signup only takes 2 minutes to complete and you can then deposit funds from your Moneypak card!
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
Although Moneypak doesn't currently offer direct cryptocurrency purchases, you can still leverage your Moneypak account to access the world of digital assets.
One way to do so is by connecting your Moneypak account or linking your credit or debit card to a reputable cryptocurrency exchange such as eToro.
The first step to purchasing cryptocurrencies safely and quickly is to sign up for a trusted and regulated exchange like eToro.
This exchange is highly recommended for beginners as they provide an easy-to-use interface with a vast selection of over 80 cryptocurrencies.
Signing up only requires a few minutes and is entirely free of charge.
Once you have successfully signed up for one of these exchanges, the next step is to connect your Moneypak account and make your first deposit.
After you have successfully funded your account on eToro or Uphold, you can start buying and selling cryptocurrencies like Bitcoin, Ethereum, Solana, and many other digital assets.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Moneypak account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Customers of Moneypak can sign up to FinCEN regulated cryptocurrency exchanges like eToro and Uphold and deposit funds into their accounts, in order to buy and sell cryptocurrencies like Bitcoin and Ethereum.
Customers who use Moneypak are permitted to use their debit or credit cards to make fiat currency deposits to cryptocurrency exchanges that are regulated.
We recommend our readers make use of regulated exchanges to avoid any potential hiccups when depositing or withdrawing funds.
While Moneypak itself does not offer any services related to cryptocurrencies, it is still considered crypto-friendly because it allows customers to connect their accounts or link their cards to these exchanges.
Additionally, Moneypak does not impose any limits on deposits and withdrawals to and from these exchanges, allowing customers to freely engage in crypto transactions.
Moneypak is a prepaid payment method that allows consumers to add cash to their prepaid or bank debit cards. It is a product of Green Dot Corporation, a financial technology company that also offers the popular Green Dot Prepaid Visa Card.
MoneyPak can be purchased at thousands of retail stores nationwide, including Walmart, Walgreens, and CVS. To use MoneyPak, consumers simply scratch off the protective coating on the card to reveal a 16-digit number.
They then enter this number on the MoneyPak website or mobile app, along with their personal information and the name of the prepaid or bank debit card they want to add funds to. The funds are then instantly transferred to the card.
MoneyPak was created to facilitate the transfer of money from one prepaid debit card to another. It is especially beneficial for those who do not have a traditional bank account.
MoneyPak is primarily used in the United States and the Green Dot Corporation, the parent company of MoneyPak, reported serving approximately 33.5 million customers annually.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
