What are the common reasons for 3D secure verification failure in cryptocurrency exchanges?
MiriamKoDec 26, 2021 · 3 years ago3 answers
Why do 3D secure verification failures occur frequently in cryptocurrency exchanges?
3 answers
- Dec 26, 2021 · 3 years agoOne common reason for 3D secure verification failure in cryptocurrency exchanges is incorrect input of card details. Users may mistakenly enter wrong card numbers, expiration dates, or CVV codes, leading to verification failures. It's important to double-check the entered information to ensure accuracy and prevent verification issues.
- Dec 26, 2021 · 3 years agoAnother reason for 3D secure verification failure is insufficient funds in the linked bank account. If the user's account does not have enough balance to cover the transaction, the verification process may fail. Users should ensure they have sufficient funds in their bank account before attempting a transaction.
- Dec 26, 2021 · 3 years agoSometimes, 3D secure verification failures can occur due to technical issues with the payment gateway or the cryptocurrency exchange itself. In such cases, it is recommended to contact the customer support of the exchange to resolve the issue. They can provide assistance and guide users through the verification process.
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