What are the limitations for sending money through Apple Pay for digital currency transactions?
Agrim SaksenaDec 26, 2021 · 3 years ago1 answers
What are the restrictions or limitations when it comes to using Apple Pay for sending money in digital currency transactions?
1 answers
- Dec 26, 2021 · 3 years agoUsing Apple Pay for digital currency transactions has its limitations. Firstly, not all digital currency exchanges or platforms accept Apple Pay as a payment method. This means that you may need to find an exchange that supports Apple Pay if you want to use it for your transactions. Additionally, there may be transaction limits imposed by both Apple Pay and the exchange. These limits can vary depending on factors such as your account verification level and transaction history. It's also important to consider the fees and charges associated with using Apple Pay for digital currency transactions. Make sure to review the fees imposed by both Apple Pay and the exchange to understand the costs involved.
Related Tags
Hot Questions
- 94
How does cryptocurrency affect my tax return?
- 68
What are the tax implications of using cryptocurrency?
- 64
What are the best practices for reporting cryptocurrency on my taxes?
- 61
How can I minimize my tax liability when dealing with cryptocurrencies?
- 58
How can I buy Bitcoin with a credit card?
- 42
How can I protect my digital assets from hackers?
- 37
Are there any special tax rules for crypto investors?
- 22
What is the future of blockchain technology?