Are there any limitations or restrictions when buying crypto with a Chase debit card?

What are the limitations or restrictions that I should be aware of when using a Chase debit card to purchase cryptocurrency?

1 answers
- When using a Chase debit card to buy crypto, it's important to be aware of any limitations or restrictions that may apply. Chase may have certain daily spending limits on your debit card, which could impact the amount of cryptocurrency you can purchase in a single day. Additionally, some cryptocurrency exchanges may have their own restrictions on debit card transactions, such as requiring additional verification steps or imposing minimum purchase amounts. It's also worth noting that using a debit card for crypto purchases may come with higher fees compared to other payment methods. Therefore, it's recommended to review the terms and conditions of both Chase and the cryptocurrency exchange to understand any potential limitations or restrictions before making a purchase.
Mar 16, 2022 · 3 years ago
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