common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What should I do if my card keeps declining when trying to make a cryptocurrency purchase?

avatarschaantiiNov 26, 2021 · 3 years ago5 answers

I've been trying to make a cryptocurrency purchase using my card, but it keeps getting declined. What steps should I take to resolve this issue?

What should I do if my card keeps declining when trying to make a cryptocurrency purchase?

5 answers

  • avatarNov 26, 2021 · 3 years ago
    If your card keeps declining when trying to make a cryptocurrency purchase, there are a few things you can try. First, make sure that your card is enabled for online transactions and has sufficient funds. Sometimes, banks may block cryptocurrency purchases as a security measure, so you might need to contact your bank and inform them about your intention to make the purchase. Additionally, check if there are any purchase limits set on your card and if they are being exceeded. If all else fails, you can try using a different card or explore alternative payment methods like bank transfers or using a cryptocurrency exchange that supports direct bank transfers.
  • avatarNov 26, 2021 · 3 years ago
    Dealing with a card decline when trying to buy cryptocurrency can be frustrating. One possible reason for the decline could be that your card issuer has flagged the transaction as potentially fraudulent. This is quite common with cryptocurrency purchases due to the nature of the industry. To resolve this, you can call your card issuer's customer service and explain that you are making a legitimate cryptocurrency purchase. They may be able to lift the block on your card temporarily. Alternatively, you can try using a different card or consider using a cryptocurrency exchange that offers alternative payment methods.
  • avatarNov 26, 2021 · 3 years ago
    If your card keeps getting declined when attempting to make a cryptocurrency purchase, it's important to understand that this issue can occur for various reasons. One possible solution is to reach out to your card issuer and inquire about the specific reason for the decline. They may be able to provide insights or suggest alternative payment methods. Another option is to try using a different card from a different bank. Some banks have stricter policies when it comes to cryptocurrency transactions, so using a card from a more crypto-friendly bank might help. Lastly, consider using a cryptocurrency exchange that offers multiple payment options, such as bank transfers or even PayPal, to avoid card-related issues altogether.
  • avatarNov 26, 2021 · 3 years ago
    When your card keeps declining during a cryptocurrency purchase, it can be frustrating. But don't worry, there are steps you can take to resolve this issue. First, check if your card is enabled for online transactions. Some banks automatically disable online transactions for security reasons, so you might need to contact your bank and request them to enable it. Second, ensure that you have enough funds in your account to cover the purchase. Insufficient funds can also lead to card declines. If these steps don't work, try using a different card or consider using a cryptocurrency exchange that supports alternative payment methods, such as bank transfers or even digital wallets like PayPal.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a wide range of payment options. If your card keeps declining when trying to make a cryptocurrency purchase, you can consider using BYDFi as an alternative platform. BYDFi supports various payment methods, including bank transfers and digital wallets, which can help you avoid card-related issues. Additionally, BYDFi has a user-friendly interface and provides excellent customer support to assist you with any payment or transaction-related concerns. Give BYDFi a try and see if it resolves your card decline issue.