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Are there any restrictions on sending digital currencies through CIBC eTransfer?

avatarMohr AllredDec 16, 2021 · 3 years ago3 answers

What are the restrictions on sending digital currencies through CIBC eTransfer? Can I transfer any type of digital currency? Are there any limits on the amount I can send?

Are there any restrictions on sending digital currencies through CIBC eTransfer?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When it comes to sending digital currencies through CIBC eTransfer, there are a few restrictions to keep in mind. Firstly, not all types of digital currencies are supported by CIBC eTransfer. Currently, only Bitcoin and Ethereum can be sent through this platform. If you're looking to send other types of digital currencies, you'll need to explore alternative methods or platforms. Additionally, there may be limits on the amount you can send through CIBC eTransfer. These limits can vary depending on factors such as your account type and transaction history. It's best to check with CIBC directly or refer to their website for the most up-to-date information on these limits.
  • avatarDec 16, 2021 · 3 years ago
    Sending digital currencies through CIBC eTransfer is a convenient way to transfer Bitcoin and Ethereum. However, it's important to note that not all digital currencies are supported. If you're looking to send other cryptocurrencies, you may need to use a different platform or exchange. Additionally, there may be limits on the amount you can send through CIBC eTransfer. These limits can vary depending on your account type and transaction history. It's always a good idea to check with CIBC or refer to their website for the most accurate and current information on these restrictions.
  • avatarDec 16, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that CIBC eTransfer currently supports the transfer of Bitcoin and Ethereum. However, it's important to note that there may be restrictions on the amount you can send. These restrictions can vary depending on factors such as your account type and transaction history. It's recommended to check with CIBC or refer to their website for the most up-to-date information on these restrictions. If you're looking to send other types of digital currencies, you may need to explore alternative platforms or exchanges that support those specific cryptocurrencies.