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What are the common causes of visa authentication failed when buying cryptocurrencies?

avatarHavid RosiDec 26, 2021 · 3 years ago3 answers

When trying to buy cryptocurrencies with a visa card, I often encounter visa authentication failures. What are the common reasons for this issue and how can I resolve it?

What are the common causes of visa authentication failed when buying cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Visa authentication failures when buying cryptocurrencies can occur due to various reasons. One common cause is insufficient funds in your visa card. Make sure you have enough balance to cover the transaction. Another reason could be that your visa card is not authorized for online transactions. Contact your bank to enable online payments for your card. Additionally, some visa cards have restrictions on international transactions, which can cause authentication failures when buying cryptocurrencies from foreign exchanges. Check with your bank to ensure your card is authorized for international payments. Lastly, technical issues with the payment gateway or the cryptocurrency exchange can also lead to authentication failures. In such cases, contacting the customer support of the exchange or your bank can help resolve the issue.
  • avatarDec 26, 2021 · 3 years ago
    Oh no! Visa authentication failed again? Don't worry, it happens to the best of us. One possible reason for this issue is that your visa card might have expired. Check the expiration date and make sure your card is still valid. Another common cause is entering incorrect card details during the payment process. Double-check the card number, expiration date, CVV, and billing address to ensure accuracy. If everything seems fine, it's possible that your card issuer has blocked the transaction due to suspicious activity. Give them a call and verify if any restrictions are in place. If all else fails, try using a different payment method or consider using a different cryptocurrency exchange that supports alternative payment options.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to visa authentication failures, there can be a few reasons behind it. One common cause is that the cryptocurrency exchange you're using might have strict security measures in place to prevent fraud. This can sometimes lead to false positives and result in authentication failures. Another reason could be that your visa card is not compatible with the payment gateway used by the exchange. Different exchanges may have different requirements for card types and authentication methods. In some cases, the issue may lie with your internet connection or the device you're using. Unstable internet or outdated browser versions can interfere with the authentication process. If you're facing this issue on BYDFi, their payment system might have additional security checks in place, which can occasionally cause authentication failures. Contact their customer support for assistance and they should be able to guide you through the process.