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How to Buy Bitcoin (in 2 minutes) - 2024 UpdatedAmerican Express doesn't support the purchasing of cryptocurrency but you can use it to fund a trading account which you can use to buy Bitcoin. The short answer is that you can't use American Express to buy bitcoin (as of ). Read on if you want to know why. And if you want to know. Buy Bitcoin with Amex on the Paxful P2P marketplace Another platform where you can buy Bitcoin with an American Express card is Paxful. Paxful.