<p><strong>Main reasons :</strong></p>

<p>1) Bitcoin is anonymous, free and irreversible. Credit and debit card transactions have to be reversible, Paypal transactions are reversible. So such a system would be a gold mine for card thieves, money launderers, scamers, etc. A relatively small website cannot face the risks.</p>

<p>2) If you're dealing with credit cards you have to follow some regulations, pay charges to the card emitter network, etc.</p>

CC BY-SA 3.0
2013-03-21T23:05:56.663Z
2013-03-21T23:05:56.663Z
Yves
<p>No one will trade you Bitcoins for credit/debit because these kinds of transactions are highly prone to fraud and are easily reversible, while the Bitcoin side of the transaction is not. It's entirely too easy for me to call my bank and have a charge reversed - and now I've got your coins and my dollars and you have nothing.</p>

CC BY-SA 3.0
2013-03-21T19:28:35.143Z
What about time limits? Don't banks have a certain amount of time to reverse the charge? What if Mt. Gox placed a hold on the funds for that time?
Cory Klein
CC BY-SA 3.0
2013-03-21T19:50:55.190Z
They could, but with most banks it's something absurd, like 30+ days. It's a security measure that's been disputed since the beginning of Bitcoin and it's unlikely to change.
David Perry
CC BY-SA 3.0
2013-03-21T19:26:45.870Z
2013-03-21T19:26:45.870Z
David Perry
<p>"money from my bank account" would be more like Dwolla or Popmoney. There are plenty of exchanges that accept Dwolla.</p>

<p>Debit cards, and more so credit cards, are not bank to bank transfers. The money goes through a third party processing network which will have its own fees and chargeback requirements and rules, all of which get very complicated. I'm sure you've heard of some of these networks, and seen the logos for many more on ATMs:</p>

<p><img src="https://i.sstatic.net/T2IAw.gif" alt="enter image description here"></p>

CC BY-SA 3.0
2013-03-21T20:17:32.960Z
2013-03-21T20:17:32.960Z
Sparr
<p>The Mt. Gox <a href="https://support.mtgox.com/entries/20195237-General-Questions" rel="nofollow">FAQ</a> reads:</p>

<blockquote>
  <p>Unfortunately we do not accept any credit or debit payment</p>
</blockquote>

<p>Why is this so? It seems like the most natural way to buy bitcoin would be to pay for it using money in my bank account. However this very method seems to be avoided almost everywhere.</p>

CC BY-SA 3.0
2017-01-04T19:46:47.037Z
For the US answer, punch "regulation E" into you favorite search engine.
David Schwartz
<exchanges><debitcard>
Why don't most Bitcoin exchanges like Mt. Gox accept debit cards?
Cory Klein
# Why don't most Bitcoin exchanges like Mt. Gox accept debit cards?

(Asked by: username_0 on 2013-03-21)

The Mt. Gox [FAQ](https://support.mtgox.com/entries/20195237-General-Questions) reads:

> Unfortunately we do not accept any credit or debit payment

Why is this so? It seems like the most natural way to buy bitcoin would be to pay for it using money in my bank account. However this very method seems to be avoided almost everywhere.

**Tags:** exchanges, debitcard

> **Comments:**
> **username_1**: For the US answer, punch "regulation E" into you favorite search engine.  

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## 3 answers

### Answer by username_2 on 2013-03-21. Score: 3 | Accepted answer

**Main reasons :**

1) Bitcoin is anonymous, free and irreversible. Credit and debit card transactions have to be reversible, Paypal transactions are reversible. So such a system would be a gold mine for card thieves, money launderers, scamers, etc. A relatively small website cannot face the risks.

2) If you're dealing with credit cards you have to follow some regulations, pay charges to the card emitter network, etc.


---

### Answer by username_3 on 2013-03-21. Score: 2

No one will trade you Bitcoins for credit/debit because these kinds of transactions are highly prone to fraud and are easily reversible, while the Bitcoin side of the transaction is not. It's entirely too easy for me to call my bank and have a charge reversed - and now I've got your coins and my dollars and you have nothing.

> **Comments:**
> **username_0**: What about time limits? Don't banks have a certain amount of time to reverse the charge? What if Mt. Gox placed a hold on the funds for that time?  
> **username_3**: They could, but with most banks it's something absurd, like 30+ days. It's a security measure that's been disputed since the beginning of Bitcoin and it's unlikely to change.  

---

### Answer by username_4 on 2013-03-21. Score: 1

"money from my bank account" would be more like Dwolla or Popmoney. There are plenty of exchanges that accept Dwolla.

Debit cards, and more so credit cards, are not bank to bank transfers. The money goes through a third party processing network which will have its own fees and chargeback requirements and rules, all of which get very complicated. I'm sure you've heard of some of these networks, and seen the logos for many more on ATMs:

![enter image description here](https://i.sstatic.net/T2IAw.gif)


---

