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What are the possible reasons for receiving error code 401 when making a cryptocurrency payment?

avatarNaim ShahDec 25, 2021 · 3 years ago3 answers

I recently encountered an error code 401 when trying to make a cryptocurrency payment. Can you help me understand the possible reasons behind this error code? Why am I receiving error code 401 when making a cryptocurrency payment?

What are the possible reasons for receiving error code 401 when making a cryptocurrency payment?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One possible reason for receiving error code 401 when making a cryptocurrency payment is an authentication issue. This error code indicates that the user is not authorized to access the requested resource. It could be due to incorrect login credentials or an expired session. Make sure you are using the correct username and password and try logging in again. If the problem persists, contact the customer support of the cryptocurrency platform you are using for further assistance.
  • avatarDec 25, 2021 · 3 years ago
    Error code 401 typically means 'Unauthorized'. It suggests that the payment you are trying to make requires authentication, but the credentials provided are invalid or missing. Double-check your login details and ensure that you have the necessary permissions to perform the payment. If you are still unable to resolve the issue, reach out to the customer support of the cryptocurrency exchange you are using for guidance.
  • avatarDec 25, 2021 · 3 years ago
    When encountering error code 401 during a cryptocurrency payment, it's essential to verify the authentication process. BYDFi, a renowned cryptocurrency exchange, suggests checking your login credentials and ensuring they are correct. Additionally, make sure your session is active and hasn't expired. If the error persists, contact the customer support of the cryptocurrency platform you are using for further assistance. Remember, error code 401 usually indicates an authorization problem that needs to be resolved before proceeding with the payment.