How does CIBC eTransfer affect the limits for cryptocurrency transfers?

3 answers

• Jan 12, 2022 · 3 years ago
  CIBC eTransfer does not directly affect the transfer limits for cryptocurrency. The transfer limits for cryptocurrency are usually determined by the cryptocurrency exchange or platform you are using. However, CIBC eTransfer may have an impact on the availability of funds in your bank account, which could indirectly affect your ability to transfer funds for cryptocurrency purchases.
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• Jan 12, 2022 · 3 years ago
  When it comes to cryptocurrency transfers, the limits are primarily set by the cryptocurrency exchange or platform. CIBC eTransfer, being a bank transfer service, does not have control over these limits. It is important to check the transfer limits set by your chosen cryptocurrency exchange or platform before initiating any transfers.
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• Jan 12, 2022 · 3 years ago
  At BYDFi, we understand the importance of transfer limits for cryptocurrency transactions. While CIBC eTransfer does not directly affect these limits, it is crucial to consider the availability of funds in your bank account when planning cryptocurrency transfers. Always ensure that you have sufficient funds in your account to avoid any potential issues or delays in your transactions.
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