How To Securely Buy Crypto With Afterpay

Mike Harry
Feb 2023
4 min to read
Fact checked

Summary: If you are a customer of Afterpay and would like to buy cryptocurrencies such as Bitcoin and Ethereum, we recommend signing up with eToro and Uphold. These platforms are beginner friendly and easy to get started with. Signing up only takes a few minutes and you can start trading after the process has been completed. Both of these companies are safe to use and regulated in the United States by FinCEN.

eToro

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eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

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Regulated in the US, EU & UK

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Crypto assets are high risk and not regulated.
Capital at risk.

Can I buy crypto with Afterpay? 

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 licensed and regulated exchanges like eToro and Uphold that have a long track record of providing safe and secure trading services.  

How to buy crypto with Afterpay?

Those wanting 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 Uphold and eToro as both of these are regulated by the US's FinCEN and have been securely running for over 10 years. This is especially important nowadays since offshore exchanges have proven to be unreliable. 

Signup in minutes

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.

Buy Crypto with Afterpay and eToro
Buy Crypto with Afterpay and eToro

Afterpay Crypto

Below is a selection of the most common questions asked related to Afterpay and cryptocurrencies. 

1. Is Afterpay crypto-friendly? 

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.

2. Buy crypto Afterpay card

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. 

What is Afterpay?

Afterpay Website
Afterpay Website

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. 

Afterpay App
Afterpay App

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.

eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in the US, EU & UK

Visit Uphold
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.

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