What happens if I exceed the debit card limits for buying cryptocurrencies on Robinhood?

3 answers

• Dec 18, 2021 · 3 years ago
  If you exceed the debit card limits for buying cryptocurrencies on Robinhood, your transaction may be declined. Robinhood sets limits on debit card purchases to prevent fraud and ensure the security of your account. It's important to stay within these limits to avoid any issues with your transactions.
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• Dec 18, 2021 · 3 years ago
  When you exceed the debit card limits for buying cryptocurrencies on Robinhood, the transaction may be flagged for review. Robinhood has systems in place to monitor and prevent suspicious activity. If your transaction is flagged, it may take some time for Robinhood to review and approve it. It's best to stay within the limits to avoid any delays in your transactions.
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• Dec 18, 2021 · 3 years ago
  If you exceed the debit card limits for buying cryptocurrencies on Robinhood, you may want to consider using other payment methods, such as bank transfers or wire transfers. These methods usually have higher limits and can provide a more convenient way to purchase cryptocurrencies. However, keep in mind that different payment methods may have their own limitations and fees, so it's important to check with Robinhood or your chosen exchange for the most up-to-date information.
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