Summary: Snapchat does not provide cryptocurrency trading on its platform. Therefore, to buy digital assets, such as Bitcoin (BTC) and Ethereum (ETH), we suggest investors sign up with a trusted crypto-friendly multi-asset investing platform such as eToro.
Best Crypto Exchange for Intermediate Traders and Investors
-
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
-
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Can you buy crypto with Snapchat?
Unfortunately, you can’t buy, sell, or trade crypto on Snapchat. However, there are many other investing platforms where you can buy digital assets with various payment methods, including bank transfers, credit cards, and online payment systems like PayPal.
How to buy crypto with Snapchat?
As of now, Snapchat does not offer a built-in feature to buy or sell cryptocurrencies. However, to invest in cryptocurrencies, you can sign up with a renowned broker like eToro, which is a widely trusted multi-asset investing platform with over 70 cryptocurrencies and unique features such as Copy Trading (enables users to imitate top-performing crypto traders), a custom watchlist, as well as advanced charts and technical analysis tools.
How to buy crypto with Snapchat: Step-by-step
You can get started in minutes with four simple steps:
- Step 1: Create an account on eToro and complete your verification (personal or company);
- Step 2: Enter the GBP/EUR/USD amount you want to deposit on the eToro platform;
- Step 3: Deposit your selected fiat currency;
- Step 4: The final step is to find the cryptocurrency you want to purchase and execute your trade.
Disclaimer: Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold is not an affiliate and may be compensated if you access certain products or services offered by the MSB.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more.
About Snapchat
Snapchat (NYSE: SNAP), developed by Snap Inc., is a multimedia instant messaging app and service founded in 2011 by Evan Spiegel, Bobby Murphy, and Reggie Brown. A key characteristic of Snapchat is that photos and messages are typically only viewable for a short period before they become unavailable to the receiver.
Snapchat’s crypto policy
Snapchat does not have cryptocurrency trading services, so you can’t buy, sell or trade any crypto assets with Snapchat.
How to buy crypto safely
Buying crypto can be lucrative but comes with risks. The thing is—cryptocurrencies are highly volatile and susceptible to scams. Therefore, to navigate this wild market safely:
- Research thoroughly: Understand the chosen cryptocurrency and its risks;
- Use a secure device: Avoid public networks; use a personal computer with a VPN;
- Choose a reputable exchange: Ensure it’s licensed, read terms, and check reviews;
- Secure your account: Employ two-factor authentication and a strong password;
- Use a secure wallet: Opt for a hot or cold wallet to safeguard against hackers;
- Invest wisely: Only invest what you can afford to lose, especially in the volatile crypto market;
- Monitor investments: Stay informed about market changes and your chosen cryptocurrency’s performance.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy crypto with Snapchat
Does Snapchat have crypto?
Snapchat doesn’t offer cryptocurrency services on its platform.
Can you buy crypto on Snapchat?
No, Snapchat users can’t buy crypto Snapchat. Nevertheless, investors that are looking to buy cryptocurrencies can sign up with a crypto-friendly multi-investing platform, such as eToro.
Where to buy crypto?
A convenient way to buy crypto assets is to register an account with one of reputable brokerage platforms, such as eToro.
