How can I release a credit card authorization hold for a cryptocurrency transaction?
Abdulrahman SarmadDec 25, 2021 · 3 years ago3 answers
I made a cryptocurrency transaction using my credit card, but now there's a hold on my funds. How can I release the credit card authorization hold for this transaction?
3 answers
- Dec 25, 2021 · 3 years agoTo release a credit card authorization hold for a cryptocurrency transaction, you'll need to contact your credit card issuer. Explain the situation and provide any necessary details about the transaction. They will be able to guide you through the process of releasing the hold and restoring your funds. Keep in mind that the specific steps may vary depending on your credit card provider.
- Dec 25, 2021 · 3 years agoReleasing a credit card authorization hold for a cryptocurrency transaction can be a bit of a hassle, but it's not impossible. The first thing you should do is contact your credit card issuer and let them know about the hold. They will likely ask for some information about the transaction, such as the date, amount, and merchant. Once they have this information, they can initiate the release process. Just be prepared for some additional verification steps to ensure the transaction is legitimate.
- Dec 25, 2021 · 3 years agoAt BYDFi, we understand that dealing with credit card authorization holds can be frustrating. Unfortunately, as a third-party exchange, we don't have direct control over the release of these holds. However, we recommend reaching out to your credit card issuer for assistance. They will be able to provide you with the necessary steps to release the hold and resolve the issue. We apologize for any inconvenience this may cause and appreciate your understanding.
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