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How does TD Bank's transfer limit per month affect transactions involving digital currencies?

avatarmullapudi gopivardhanDec 26, 2021 · 3 years ago1 answers

What impact does TD Bank's monthly transfer limit have on transactions involving digital currencies?

How does TD Bank's transfer limit per month affect transactions involving digital currencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As a third-party digital currency exchange, BYDFi is not directly affected by TD Bank's transfer limit per month. However, it is important to note that TD Bank's transfer limit can indirectly impact transactions involving digital currencies on BYDFi. If TD Bank's transfer limit is too low, it may limit the amount of funds that users can transfer to BYDFi for trading purposes. This can potentially affect the liquidity and trading volume on BYDFi. Therefore, while BYDFi itself does not have a transfer limit, it is still important for users to consider TD Bank's transfer limit when planning their digital currency transactions on BYDFi to ensure they have sufficient funds available for trading.