Are there any specific requirements for verifying a credit card for cryptocurrency purchases?

1 answers

• Olayide AribisalaOct 01, 2023 · 2 years ago
  At BYDFi, we have specific requirements for verifying a credit card for cryptocurrency purchases. We only accept credit cards issued by reputable financial institutions. This is to ensure the security and legitimacy of the transactions. Additionally, we require a credit card with a minimum credit limit of $500 to ensure that users have sufficient funds for their purchases. As part of the verification process, users need to provide personal information and go through a Know Your Customer (KYC) process to confirm their identity. These requirements help us maintain a secure and trustworthy platform for cryptocurrency trading. If you have any specific questions about our verification process, feel free to reach out to our support team.
  741

  371