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Are there any limitations or restrictions when buying crypto with Apple Pay?

avatarShashikaVMDec 18, 2021 · 3 years ago3 answers

What are the limitations or restrictions that I should be aware of when purchasing cryptocurrency using Apple Pay? Are there any specific requirements or conditions that I need to meet?

Are there any limitations or restrictions when buying crypto with Apple Pay?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    When buying crypto with Apple Pay, it's important to note that not all cryptocurrency exchanges accept Apple Pay as a payment method. Therefore, you need to make sure that the exchange you're using supports Apple Pay before attempting to make a purchase. Additionally, some exchanges may have specific requirements or conditions for using Apple Pay, such as a minimum purchase amount or a verification process. It's recommended to check the exchange's website or contact their customer support for more information.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are limitations when buying crypto with Apple Pay. One common limitation is the transaction limit imposed by Apple Pay itself. This limit varies depending on the user's bank and Apple Pay's policies. Therefore, it's important to check with your bank or Apple Pay to find out what your transaction limit is. Another limitation is that not all cryptocurrencies may be available for purchase using Apple Pay. Some exchanges may only support a limited number of cryptocurrencies for Apple Pay transactions. It's advisable to check the exchange's supported cryptocurrencies list before making a purchase.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, one of the leading cryptocurrency exchanges, there are no specific limitations or restrictions when buying crypto with Apple Pay. As long as you have a verified Apple Pay account and sufficient funds, you can easily purchase cryptocurrencies using Apple Pay. BYDFi values user convenience and strives to provide a seamless experience for Apple Pay users. However, it's important to note that the availability of specific cryptocurrencies may vary depending on market conditions and liquidity.