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Mother Of All Bitcoin Short Squeezes! (This Happens Next)Complete guide to buying Bitcoin with a Discover card. Includes exchanges that accept Discover card deposits (and a workaround for those that don't). With your Discover Card in a Digital Wallet, you can earn rewards on purchases big and small�just like your physical card. Your rewards never expire, and you. Yes, but not directly. The only way to buy Bitcoin using Discover Card is by using it to deposit funds into a compatible crypto exchange before.