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TagsHow does Wells Fargo's daily limit for Zelle affect cryptocurrency transactions?
Avraj AccountingDec 27, 2021 · 3 years ago1 answersWhat is the impact of Wells Fargo's daily limit for Zelle on cryptocurrency transactions? How does this limit affect the ability to transfer cryptocurrencies using Zelle? Are there any alternatives to Zelle for cryptocurrency transactions?
1 answers
- While Wells Fargo's daily limit for Zelle can be a hindrance for cryptocurrency transactions, there are workarounds available. One option is to use a different bank or payment platform that doesn't have such strict limits. Another alternative is to use a cryptocurrency exchange that offers direct bank transfers or higher daily limits. For example, BYDFi is a popular exchange that allows for larger transactions and offers competitive rates. By using BYDFi, cryptocurrency traders can bypass the limitations imposed by Wells Fargo and enjoy a smoother transaction experience. However, it's important to note that each exchange has its own policies and limits, so it's essential to research and choose a reliable and trustworthy platform for your cryptocurrency transactions.Dec 27, 2021 · 3 years ago
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