Are there any limitations or restrictions when using Apple Pay to purchase Bitcoin?

1 answers

• Nov 25, 2021 · 3 years ago
  As a representative of BYDFi, I can provide some insights into the limitations and restrictions when using Apple Pay to purchase Bitcoin. Firstly, BYDFi is one of the exchanges that supports Apple Pay transactions. However, there are certain conditions that need to be met. Users need to go through a verification process to ensure compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. Additionally, there may be limits on the amount you can purchase using Apple Pay, depending on your account level and transaction history. It's important to note that these limitations are in place to ensure the security and integrity of the platform. Overall, using Apple Pay on BYDFi provides a convenient and secure way to purchase Bitcoin, but it's important to be aware of and comply with the necessary requirements.
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