In this article, you will learn how to buy crypto with KOHO prepaid card. KoHO is a Canadian financial technology company that offers a prepaid Visa card designed to help users manage their money more efficiently. The KoHO card can be used anywhere that Visa is accepted , and it provides users with a variety of features, including real-time balance updates, budgeting tools, and cashback rewards on purchases.
How to Buy Crypto with KOHO Prepaid Card?
To buy cryptocurrency with a KOHO Prepaid Card, you can follow these steps:
First, you need to sign up with a cryptocurrency exchange that accepts KOHO as a payment method. Some popular exchanges that accept KOHO include Coinbase, Binance, and Bitbuy.
Once you have signed up and verified your account, navigate to the "Buy Crypto" section of the exchange.
Choose KOHO as your payment method and enter the amount of cryptocurrency you wish to purchase.
Enter your KOHO Prepaid Card details, including the card number, expiry date, and CVV code.
Confirm the transaction and wait for the exchange to process your payment. The cryptocurrency should be credited to your exchange wallet shortly after.
Please note that the process may vary slightly depending on the exchange you choose, and there may be fees associated with using KOHO as a payment method. Be sure to read the exchange's terms and conditions carefully before making a purchase.
What are the Features of KOHO?
- Cashback on Every Purchase
Every purchase made with your KOHO card earns you a little bit of cashback. By default users earn 0.5% of the purchase value. If you use a referral link, you can get 1.5%. For every one of your friends, you earn an additional 1% cashback, up to 10% off.
- Special Deals
Special deals may also be acquired for shopping at specific businesses who have partnered with KOHO.
These special deals are often in the form of additional discounts on purchases on top of the cashback you are earning. A lot of popular Canadian brands have partnered with KOHO such as Indigo Books, Frank and Oak, and well.ca.
- No Fees
One of the biggest incentives to use KOHO is the total and complete lack of fees. KOHO charges zero fees to their users.
- Premium Account
A premium KOHO account grants you further perks on top of the basic features. There is a baseline of cashback starting at 2%. The best part from a crypto perspective, is that there are no foreign exchange fees. This is particularly relevant for frequent buyers of cryptocurrency. Not only that, but you also will earn cashback on your cryptocurrency.
Cryptocurrency Exchanges You Can Buy From with KOHO
Any cryptocurrency exchange that allows you to purchase cryptocurrency with a credit card will be able to accept your KOHO card. That means you can now buy cryptocurrency directly from exchanges like BitKan, Binance, Kucoin, and Coinbase.
Bottom Line
Buying cryptocurrency in Canada has never been easier. No more getting your bank account or credit card blocked by your banking institution. As long as you have a balance with KOHO, you are able to use the card for cryptocurrency purchases. This article is about how to buy crypto with KOHO prepaid card.
