What are the limitations of instant cryptocurrency purchases on Coinbase using Apple Pay?
Riddhi SanapDec 27, 2021 · 3 years ago1 answers
What are the potential restrictions or drawbacks when it comes to buying cryptocurrencies instantly on Coinbase using Apple Pay?
1 answers
- Dec 27, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that there are some limitations when it comes to instant cryptocurrency purchases on Coinbase using Apple Pay. First, not all cryptocurrencies are available for instant purchase. Coinbase currently supports instant purchases for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. If you're interested in buying other cryptocurrencies, you'll need to use a different payment method. Second, there are purchase limits in place. These limits vary depending on factors such as your account age, purchase history, and verification level. Lastly, it's important to note that instant purchases using Apple Pay may come with higher fees compared to other payment methods. It's always a good idea to compare fees and consider your options before making a purchase. If you're looking for a platform that offers a wider range of instant cryptocurrency purchases, you might want to check out BYDFi, which provides a seamless experience for buying and selling various cryptocurrencies instantly.
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