On Nov. 28, 2022, BlockFi filed for Chapter 11 bankruptcy after suspending withdrawals from the platform earlier in the month. BlockFi's bankruptcy filing is related to the collapse of FTX, a separate crypto exchange. FTX extended a line of credit to BlockFi in July 2022 during a liquidity crunch and is BlockFi's second-largest creditor. Coinbase—one of the largest cryptocurrency exchanges—lists only bank accounts, debit card, wire transfer, and PayPal as acceptable payment methods to link to your account; however, there are cryptocom coin price limitations to what you can do with a wire transfer and PayPal. Yes, you can use a prepaid card to acquire BTC the same way you would with a debit card. Select a gateway, enter the card details, and confirm the payment.