What are the limitations on using Facebook Pay for cryptocurrency transactions?

3 answers

• Nikita VladimirovJul 07, 2021 · 4 years ago
  Yes, you can use Facebook Pay for cryptocurrency transactions. However, there are certain limitations and restrictions you need to be aware of. First, Facebook Pay currently only supports a limited number of cryptocurrencies, such as Bitcoin and Ethereum. Other less popular cryptocurrencies may not be available for transactions. Additionally, there may be transaction limits imposed by Facebook Pay, which can vary depending on your account status and transaction history. It's important to check the specific limitations and restrictions set by Facebook Pay before using it for cryptocurrency transactions.
  609

  305
• Bikram DasJul 29, 2021 · 4 years ago
  Absolutely! Facebook Pay is a convenient option for buying and selling cryptocurrencies. However, keep in mind that there are some limitations you should consider. Firstly, not all cryptocurrencies are supported by Facebook Pay. It mainly focuses on popular cryptocurrencies like Bitcoin and Ethereum. So, if you're looking to trade less common cryptocurrencies, you might need to explore other platforms. Secondly, Facebook Pay may have transaction limits in place to prevent fraudulent activities. These limits can vary based on factors like your account history and verification status. Make sure to familiarize yourself with these limitations before making any transactions.
  678

  226
• Hernán García QuijanoSep 09, 2020 · 5 years ago
  Yes, you can use Facebook Pay for cryptocurrency transactions. However, it's important to note that Facebook Pay has certain limitations and restrictions in place. Firstly, Facebook Pay currently supports a limited number of cryptocurrencies, including Bitcoin and Ethereum. If you're looking to trade other cryptocurrencies, you might need to use a different platform. Additionally, Facebook Pay may have transaction limits to prevent fraud and ensure the security of transactions. These limits can vary based on factors like your account activity and verification level. It's always a good idea to review the specific limitations and restrictions set by Facebook Pay before using it for cryptocurrency transactions.
  717

  180