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Can you block people on Zelle with cryptocurrency transactions?

avatarKAMS KAMSDec 19, 2021 · 3 years ago3 answers

Is it possible to block individuals from conducting cryptocurrency transactions on Zelle?

Can you block people on Zelle with cryptocurrency transactions?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, you can block people on Zelle from conducting cryptocurrency transactions. Zelle is a peer-to-peer payment platform that allows users to send and receive money directly from their bank accounts. While Zelle itself does not support cryptocurrency transactions, you can block individuals from sending or receiving funds through Zelle if you have concerns about their involvement in cryptocurrency activities. By blocking someone on Zelle, you can prevent them from initiating or receiving any transactions through the platform.
  • avatarDec 19, 2021 · 3 years ago
    No, Zelle does not have the capability to block individuals specifically from conducting cryptocurrency transactions. Zelle is primarily designed for traditional fiat currency transactions between bank accounts. If you have concerns about someone's involvement in cryptocurrency activities, it would be more appropriate to address the issue with the relevant cryptocurrency exchange or platform they are using.
  • avatarDec 19, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Zelle does not directly support cryptocurrency transactions. However, it is important to note that Zelle is a payment platform that operates within the traditional banking system, and it does not have the ability to block individuals from conducting cryptocurrency transactions on other platforms or exchanges. If you have concerns about someone's involvement in cryptocurrency activities, it would be more effective to address the issue with the respective cryptocurrency exchange or platform they are using.