Are there any restrictions on the weekly use of Apple Pay for cryptocurrency transactions?
snigdha sudheerDec 27, 2021 · 3 years ago3 answers
I would like to know if there are any limitations or restrictions on using Apple Pay for cryptocurrency transactions on a weekly basis. Are there any specific rules or regulations that I need to be aware of when using Apple Pay for buying or selling cryptocurrencies?
3 answers
- Dec 27, 2021 · 3 years agoYes, there are some restrictions on using Apple Pay for cryptocurrency transactions. Apple Pay has certain transaction limits that may vary depending on the country and the specific financial institution you are using. These limits are usually imposed to prevent fraud and ensure the security of transactions. It is advisable to check with your bank or financial institution to know the exact limits for using Apple Pay for cryptocurrency transactions.
- Dec 27, 2021 · 3 years agoAs of now, there are no specific restrictions on using Apple Pay for cryptocurrency transactions. However, it is important to note that the availability of Apple Pay for cryptocurrency transactions may vary depending on the cryptocurrency exchange or wallet you are using. Some exchanges or wallets may not support Apple Pay as a payment method, so it is always recommended to check the supported payment methods before making any transactions.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, there are no weekly restrictions on using Apple Pay for cryptocurrency transactions. However, it is important to note that the transaction limits imposed by Apple Pay and your financial institution still apply. It is always a good practice to stay within the transaction limits to avoid any issues or delays in your transactions.
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