How does Apple Pay's daily limit affect cryptocurrency transactions?

3 answers

• Dec 15, 2021 · 3 years ago
  The daily limit imposed by Apple Pay can have a significant impact on cryptocurrency transactions. This limit restricts the amount of money that can be spent or received in a single day using Apple Pay. For cryptocurrency transactions, this means that users may be limited in the amount of cryptocurrency they can buy or sell using Apple Pay. If the daily limit is reached, users will have to wait until the next day to continue their transactions. It's important for users to be aware of this limit and plan their cryptocurrency transactions accordingly.
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• Dec 15, 2021 · 3 years ago
  Apple Pay's daily limit plays a role in regulating the flow of funds and preventing potential fraudulent activities. By setting a limit on the amount of money that can be transacted in a day, Apple Pay aims to protect users from unauthorized transactions and ensure the security of their funds. While this limit may inconvenience some cryptocurrency traders who prefer to make large transactions, it ultimately serves as a safeguard for users' financial well-being.
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• Dec 15, 2021 · 3 years ago
  As a representative from BYDFi, a cryptocurrency exchange, I can say that Apple Pay's daily limit does have an impact on cryptocurrency transactions. While Apple Pay offers a convenient and secure way to make payments, its daily limit can restrict the amount of cryptocurrency that can be bought or sold using this payment method. However, it's worth noting that there are alternative payment options available on our platform and other exchanges that may not have such limitations. Users should explore different payment methods to find the one that best suits their needs and preferences.
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