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How to buy Crypto with AfterPay

How to buy Crypto with AfterPay

Dylan Matthews
Fact Checked
September 1, 2022

Summary: The AfterPay app does not currently support cryptocurrency purchases through digital asset trading platforms like CoinSpot, Coinbase or Binance.

The only way that investors can buy digital assets with Credit is with a VISA or Mastercard on a platform like eToro. Other Buy Now Pay Later apps like Zip also do not offer digital asset trading.

Table of Contents

Platform Highlights

  • Trade 80+ cryptos and over 8,000 stocks, ETFs & commodities.
  • Deposit Australian Dollars (AUD) with a Credit Card like VISA or Mastercard.
  • Licensed and regulated by ASIC & AUSTRAC in Australia.
Trade $100 and get $10 free in USD.

Will AfterPay support Crypto purchases?

The Square CEO and former Twitter CEO Jack Dorsey recently acquired AfterPay and outlined plans for them to support Bitcoin purchases. Specifically, Jack plans to merge AfterPay into his suite of Bitcoin services and companies that integrate with the blockchain like CashApp and Square.

This is an exciting prospect for the Crypto ecosystem given that AfterPay had a reported $10 billion in sales in their most recent reporting quarter.

How to buy Crypto or Bitcoin with AfterPay Alternative

The best way to buy Cryptocurrency with an AfterPay alternative that provides credit is with a VISA or Mastercard Credit Card. To do this in Australia, we would recommend a platform like eToro that offers fast and cheap AUD deposits via Credit Card to trade over 8,000 different assets.

You can get started in 4 simple steps below:

  1. Sign up to the eToro trading platform.
  2. Select the 'Deposit Funds' button on the bottom of your screen to deposit AUD via Credit Card (cannot use AfterPay)
  3. Once the AUD hits your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
  4. Input the AUD amount you want to invest and execute your trade.
Buy Crypto AfterPay

About AfterPay

AfterPay is a global leader in payment solutions. The company offers a range of services that allow consumers to pay for their purchases over time. The company has operations in the United States, Australia, and New Zealand. AfterPay was founded in 2014 by Nick Molnar and David Baker. The company is headquartered in Sydney, Australia.

AfterPay

AfterPay has been profitable since its inception and is backed by leading global investors. AfterPay allows consumers to pay for their purchases in four equal installments, due every two weeks. There are no interest or hidden fees associated with using AfterPay. The application is available at over 9,000 online stores.

The company has a default rate of less than 1%. The company has a customer satisfaction rating of 97%. AfterPay is an accredited business with the Better Business Bureau (BBB).

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Dylan Matthews

I am the Founder & CEO of Buy Bitcoin Bank and was previously an engineer for a Prop trading firm in Crypto.

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