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Can you use the Apple Credit Card to buy crypto currency?

I buy my crypto on LOBSTR.com. A very safe and secure site. I want to know if I can use my Apple Mastercard to purchase small amounts of Crypto. 1k at the most but more like $500 is what I want to invest.

iPhone 14, iOS 17

Posted on Aug 2, 2024 6:49 PM

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Question marked as Top-ranking reply

Posted on Aug 3, 2024 4:16 AM

Short answer no. If it’s a known crypto exchange it might by blocked by Goldman or Mastercard or both using the merchant code. If the transaction does go through and you get caught, the transaction is a cash equivalent and against the terms and conditions. Goldman has been known to close accounts and black list the account owner from any future account.


https://www.goldmansachs.com/terms-and-conditions/Apple-Card-Customer-Agreement.pdf

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Question marked as Top-ranking reply

Aug 3, 2024 4:16 AM in response to FINE_Y_N_O

Short answer no. If it’s a known crypto exchange it might by blocked by Goldman or Mastercard or both using the merchant code. If the transaction does go through and you get caught, the transaction is a cash equivalent and against the terms and conditions. Goldman has been known to close accounts and black list the account owner from any future account.


https://www.goldmansachs.com/terms-and-conditions/Apple-Card-Customer-Agreement.pdf

Can you use the Apple Credit Card to buy crypto currency?

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