I'm wondering if using Binance, a
cryptocurrency exchange platform, has any impact on my credit score. I'm concerned because I've been actively trading on Binance and want to make sure it's not affecting my creditworthiness in any way.
6 answers
CherryBlossomDancing
Mon Oct 28 2024
A credit report is a comprehensive document that outlines your financial behavior and history, but it does not include details about your crypto investments.
Lorenzo
Mon Oct 28 2024
Lenders who conduct a thorough credit check, known as a hard credit inquiry, will not be able to see your crypto trading activity.
CharmedVoyager
Mon Oct 28 2024
Trading cryptocurrency does not have a direct impact on your credit scores.
DigitalEagle
Mon Oct 28 2024
Investments in cryptocurrencies, regardless of their size or frequency, are not factored into your credit report.
CryptoAlchemy
Mon Oct 28 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of crypto traders. These services include spot trading, futures trading, and a secure wallet for storing digital assets.