<p>That is done to prevent fraud (in other words, people could "pay" with CC, get their bitcoins, and then dispute the transaction).</p>

CC BY-SA 3.0
2013-03-22T12:10:48.690Z
2013-03-22T12:10:48.690Z
Gosha A
<p>Well, an obvious reason would be if you were concerned about anonymity and not leaving an audit trail, in order to conceal your funds from tax authorities, for example.</p>

CC BY-SA 3.0
2013-03-22T08:47:11.443Z
2013-03-22T08:47:11.443Z
ultra909
<p>If I'm new to bitcoin and I want to buy coins at an exchange like mtgox solely for the purpose of seeing currency value increase and selling at a profit, is there any good for reason for me to not simply buy bitcoins by entering my visa number on mtgox in the same way I buy anything else online? As opposed to say meeting someone in person and giving them cash in exchange for bitcoins?</p>

CC BY-SA 3.0
2013-03-22T18:36:14.990Z
It's unclear what you are asking. I strongly doubt Mt. Gox accepts CC funding, so you can't do that because they don't allow you to.
o0'.
<exchanges>
Any reason not to buy bitcoins using a bank card?
Alsolock
# Any reason not to buy bitcoins using a bank card?

(Asked by: username_0 on 2013-03-22)

If I'm new to bitcoin and I want to buy coins at an exchange like mtgox solely for the purpose of seeing currency value increase and selling at a profit, is there any good for reason for me to not simply buy bitcoins by entering my visa number on mtgox in the same way I buy anything else online? As opposed to say meeting someone in person and giving them cash in exchange for bitcoins?

**Tags:** exchanges

> **Comments:**
> **username_1**: It's unclear what you are asking. I strongly doubt Mt. Gox accepts CC funding, so you can't do that because they don't allow you to.  

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## 2 answers

### Answer by username_2 on 2013-03-22. Score: 0

That is done to prevent fraud (in other words, people could "pay" with CC, get their bitcoins, and then dispute the transaction).


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### Answer by username_3 on 2013-03-22. Score: -1

Well, an obvious reason would be if you were concerned about anonymity and not leaving an audit trail, in order to conceal your funds from tax authorities, for example.


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