Are there any fees associated with exceeding the contactless limit for cryptocurrency transactions?
Ilai AzariaDec 25, 2021 · 3 years ago3 answers
What are the fees charged when the contactless limit for cryptocurrency transactions is exceeded?
3 answers
- Dec 25, 2021 · 3 years agoYes, there are fees associated with exceeding the contactless limit for cryptocurrency transactions. When the limit is exceeded, additional fees may be charged based on the transaction amount and the specific cryptocurrency being used. It is important to check with your cryptocurrency exchange or wallet provider to understand the exact fee structure and any potential penalties for exceeding the contactless limit.
- Dec 25, 2021 · 3 years agoExceeding the contactless limit for cryptocurrency transactions can result in additional fees. The fees vary depending on the cryptocurrency and the exchange or wallet you are using. It is recommended to review the fee structure and terms of service of your chosen platform to understand the specific fees associated with exceeding the contactless limit.
- Dec 25, 2021 · 3 years agoAt BYDFi, we do not charge any additional fees for exceeding the contactless limit for cryptocurrency transactions. However, it is important to note that other exchanges or wallets may have their own fee structures in place. It is always a good idea to review the terms and conditions of your chosen platform to understand the fees associated with exceeding the contactless limit.
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