How can I resolve issues with my debit card being declined when purchasing cryptocurrencies?

3 answers

• Nov 26, 2021 · 3 years ago
  One possible reason for your debit card being declined when purchasing cryptocurrencies is that your bank or card issuer has restrictions on cryptocurrency transactions. Some banks consider cryptocurrency purchases as high-risk transactions and may block them to protect their customers from potential fraud or unauthorized charges. To resolve this issue, you can contact your bank or card issuer and inquire about their policies regarding cryptocurrency transactions. They may be able to lift the restriction or provide alternative payment methods for purchasing cryptocurrencies.
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• Nov 26, 2021 · 3 years ago
  Another reason for your debit card being declined could be insufficient funds in your account. Make sure you have enough balance in your account to cover the purchase amount, including any additional fees or charges. If your account balance is low, you can try adding funds or using a different payment method to complete the transaction.
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• Nov 26, 2021 · 3 years ago
  At BYDFi, we understand that debit card declines can be frustrating. We recommend reaching out to your bank or card issuer to resolve this issue. They will be able to provide you with specific information about why your card is being declined and offer solutions to help you make successful cryptocurrency purchases. If you have any further questions or need assistance, feel free to reach out to our support team.
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