# Why No Love For Crypto?

**URL:** <https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342>\
**Category:** Building Neo\
**Created:** [March 5, 2025, 3:44pm UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342 "2025-03-05T15:44:44Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Mpeterson](https://avatars.discourse-cdn.com/v4/letter/m/0ea827/32.png) [@Mpeterson](https://neofinancial.discourse.group/u/Mpeterson)\
**Post date:** [March 5, 2025, 3:44pm UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/1 "2025-03-05T15:44:44Z")

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Is there a speccific reason you cant use Neo products to purchase Crypto? Also currency exchange kiosks while travelling?

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**Author:** ![Sana\_Neo](https://sea2.discourse-cdn.com/flex002/user_avatar/neofinancial.discourse.group/sana_neo/32/588_2.png) [@Sana\_Neo](https://neofinancial.discourse.group/u/Sana_Neo)\
**Post date:** [March 5, 2025, 9:19pm UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/2 "2025-03-05T21:19:57Z")

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Hi @Mpeterson, Great questions! Regarding Crypto while we currently do not allow it, our team is always working on improvements. The main concern is the high risk factors, as we’re focused on ensuring the protection of our customers. Your feedback has sparked some valuable discussions, so thank you for bringing it up!

As for the currency exchange kiosks, I’d love to follow up to learn more. I’ve sent you a DM and look forward to chatting more about it.

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**Author:** ![jsmaster](https://sea2.discourse-cdn.com/flex002/user_avatar/neofinancial.discourse.group/jsmaster/32/2714_2.png) [@jsmaster](https://neofinancial.discourse.group/u/jsmaster)\
**Post date:** [March 7, 2025, 4:42am UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/3 "2025-03-07T04:42:01Z")

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Crypto is very volatile.

Although Neo can mitigate the risk, pretty sure it’s not worth the investment and or the liability.

Neo seems to be super strong as a fintech and I prefer to have them focusing on nice perks and good CSR than going crypto like some of the other fintech out there.

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**Author:** ![Mpeterson](https://avatars.discourse-cdn.com/v4/letter/m/0ea827/32.png) [@Mpeterson](https://neofinancial.discourse.group/u/Mpeterson)\
**Post date:** [March 7, 2025, 4:55am UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/4 "2025-03-07T04:55:29Z")

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Agreed, but not looking for Neo to go crypto. Just looking for them to allow me to use my MasterCard to purchase crypto on other platforms.

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**Author:** ![trinarosecat](https://sea2.discourse-cdn.com/flex002/user_avatar/neofinancial.discourse.group/trinarosecat/32/1165_2.png) [@trinarosecat](https://neofinancial.discourse.group/u/trinarosecat)\
**Post date:** [September 2, 2025, 9:51pm UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/5 "2025-09-02T21:51:59Z")

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I am also curious about why no crypto purchases? I have been using a platform for years that requires me to pay via litecoin. I didn’t know I would suddenly be unable to purchase it.

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**Author:** ![GrantLahring\_Neo](https://sea2.discourse-cdn.com/flex002/user_avatar/neofinancial.discourse.group/grantlahring_neo/32/1124_2.png) [@GrantLahring\_Neo](https://neofinancial.discourse.group/u/GrantLahring_Neo)\
**Post date:** [September 3, 2025, 12:36am UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/6 "2025-09-03T00:36:18Z")

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Great question! The quick answer is that a lot of fraudsters and money launderers use crypto purchases for nefarious purposes.

Are you saying that you used to be able to buy crypto from this merchant using Neo and now you can’t?

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**Author:** ![trinarosecat](https://sea2.discourse-cdn.com/flex002/user_avatar/neofinancial.discourse.group/trinarosecat/32/1165_2.png) [@trinarosecat](https://neofinancial.discourse.group/u/trinarosecat)\
**Post date:** [September 3, 2025, 6:02pm UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/7 "2025-09-03T18:02:05Z")

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No, I am new to neo. I think that people should be trusted to make their own decisions with their own money. As well as, I believe that people deserve to educate themselves about crypto and the only way to do that is to experiment with it and use it. Many online platforms require crypto to access their services and this is a barrier for people wanting to use those platforms.

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**Author:** ![Sana\_Neo](https://sea2.discourse-cdn.com/flex002/user_avatar/neofinancial.discourse.group/sana_neo/32/588_2.png) [@Sana\_Neo](https://neofinancial.discourse.group/u/Sana_Neo)\
**Post date:** [September 8, 2025, 9:50pm UTC](https://neofinancial.discourse.group/t/why-no-love-for-crypto/1342/8 "2025-09-08T21:50:06Z")

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Hi @trinarosecat , that’s a great point! While with crypto there is some security concerns, you’ve brought up some really valuable insights. I’ve shared your feedback with the team and reaching out to add you to our follow up list once we get more updates on this.
