Are there any limitations or restrictions when buying crypto with a Visa gift card?
Jiheon BangDec 26, 2021 · 3 years ago1 answers
What are the limitations or restrictions that I should be aware of when using a Visa gift card to purchase cryptocurrency?
1 answers
- Dec 26, 2021 · 3 years agoAt BYDFi, we do accept Visa gift cards as a payment method for buying cryptocurrency. However, there are a few limitations and restrictions to be aware of. Firstly, there is a minimum purchase amount of $50 when using a gift card. Additionally, the maximum purchase amount per transaction is $500. If you wish to buy more than $500 worth of cryptocurrency, you will need to make multiple transactions. Lastly, please note that gift card purchases may take longer to process compared to other payment methods. It can take up to 24 hours for the transaction to be completed and for the cryptocurrency to be credited to your account. If you have any further questions or need assistance, feel free to reach out to our customer support team.
Related Tags
Hot Questions
- 99
How can I buy Bitcoin with a credit card?
- 96
What are the best digital currencies to invest in right now?
- 82
How can I minimize my tax liability when dealing with cryptocurrencies?
- 69
What are the tax implications of using cryptocurrency?
- 57
What are the advantages of using cryptocurrency for online transactions?
- 37
How does cryptocurrency affect my tax return?
- 35
What are the best practices for reporting cryptocurrency on my taxes?
- 33
Are there any special tax rules for crypto investors?