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Are there any restrictions when buying Libra coins?

avatarSears WhitleyNov 24, 2021 · 3 years ago3 answers

What are the restrictions or limitations that one may encounter when purchasing Libra coins?

Are there any restrictions when buying Libra coins?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    When buying Libra coins, there are a few restrictions that you need to be aware of. Firstly, you need to have a valid Facebook account in order to purchase Libra coins. Additionally, there may be restrictions on the amount of Libra coins you can purchase at once, depending on the platform you use. It's also important to note that some countries may have regulations or restrictions on cryptocurrency transactions, so it's advisable to check the legal status of Libra coins in your country before making a purchase.
  • avatarNov 24, 2021 · 3 years ago
    Buying Libra coins is subject to certain restrictions. Firstly, you need to meet the eligibility criteria set by the Libra Association, which may include age and residency requirements. Additionally, there may be limits on the amount of Libra coins you can purchase in a given time period. It's always a good idea to check the terms and conditions of the platform or exchange you're using to buy Libra coins to ensure compliance with any restrictions.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to buying Libra coins, there are a few restrictions to keep in mind. While the exact restrictions may vary depending on the platform or exchange you use, it's common to encounter limitations on the amount of Libra coins you can purchase at once. Additionally, some platforms may require you to complete a verification process before you can buy Libra coins. This is to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. It's also worth noting that the availability of Libra coins may be restricted in certain countries due to regulatory reasons.