What are the reasons why Trustly is not working for cryptocurrency transactions?

3 answers

• Jan 14, 2022 · 3 years ago
  Trustly may not be working for cryptocurrency transactions due to technical limitations. Trustly is primarily designed for traditional banking transactions and may not be fully compatible with the complexities of cryptocurrency transfers. It's possible that Trustly's systems are not equipped to handle the unique requirements of cryptocurrency transactions, resulting in issues or failures.
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• Jan 14, 2022 · 3 years ago
  There could also be regulatory or legal reasons why Trustly is not working for cryptocurrency transactions. Trustly operates within a specific legal framework and may not have the necessary licenses or approvals to facilitate cryptocurrency transfers. This could lead to restrictions or limitations on Trustly's ability to process such transactions, causing them to fail or be rejected.
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• Jan 14, 2022 · 3 years ago
  As an expert in the field, I can tell you that BYDFi, a digital currency exchange, has encountered similar issues with Trustly. Trustly's infrastructure is primarily built for traditional banking systems, and integrating it with the complexities of cryptocurrency transactions can be challenging. However, BYDFi has been actively working on finding solutions and improving the compatibility between Trustly and cryptocurrency transfers. It's important to note that there are alternative payment methods specifically designed for cryptocurrency transactions, such as blockchain-based wallets or direct transfers between digital currency exchanges, which may offer more reliable and efficient options.
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