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Are there any limits on buying bitcoin with a credit card?

avatarBright RefsgaardDec 29, 2021 · 3 years ago3 answers

What are the limits when it comes to purchasing bitcoin using a credit card? Are there any restrictions or caps on the amount of bitcoin that can be bought with a credit card?

Are there any limits on buying bitcoin with a credit card?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are limits on buying bitcoin with a credit card. The specific limits vary depending on the exchange or platform you are using. Some exchanges may have daily or weekly limits on the amount of bitcoin that can be purchased with a credit card. These limits are often in place to prevent fraud and ensure the security of transactions. It's important to check with the exchange or platform you are using to see what their specific limits are.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! When it comes to buying bitcoin with a credit card, there are usually limits in place. These limits can vary from platform to platform, but they are typically put in place to protect against potential fraud and ensure the safety of transactions. It's always a good idea to check with the specific exchange or platform you are using to see what their limits are before making a purchase.
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are limits on buying bitcoin with a credit card. At BYDFi, for example, there is a daily limit of $10,000 for credit card purchases. This limit is in place to prevent potential fraud and ensure the security of transactions. It's important to note that these limits may vary depending on the exchange or platform you are using, so it's always a good idea to check with them directly to see what their specific limits are.