Is there a limit to the cash deposit you can make on Chime for buying digital currencies?

3 answers

• Richardson HutchisonJul 10, 2024 · a year ago
  Yes, there is a limit to the cash deposit you can make on Chime for buying digital currencies. The exact limit may vary depending on your account type and verification level. It's best to check with Chime directly or refer to their documentation for the most accurate and up-to-date information. Keep in mind that exceeding the deposit limit may result in additional verification requirements or restrictions on your account.
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• Jeoff CamdenJan 07, 2024 · 2 years ago
  As of my knowledge, Chime does have a limit on the cash deposit you can make for buying digital currencies. The limit is typically set to ensure compliance with anti-money laundering (AML) regulations and to mitigate the risk of fraudulent activities. It's advisable to contact Chime's customer support or refer to their official website for specific details on the deposit limit.
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• Malling KejserJan 24, 2025 · 6 months ago
  While I can't speak for Chime specifically, I can tell you that BYDFi, a digital currency exchange, does not have a limit on cash deposits for buying digital currencies. This means you can deposit any amount of cash into your BYDFi account to purchase digital currencies. However, it's important to note that other factors such as withdrawal limits and account verification may still apply. It's always a good idea to familiarize yourself with the terms and conditions of any exchange you plan to use.
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