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Is it possible to use wire transfer to buy and sell cryptocurrencies on chime account?

avatarGulsen TastanDec 28, 2021 · 3 years ago3 answers

Can I use wire transfer to purchase and sell cryptocurrencies on my Chime account? I'm interested in using my Chime account to trade cryptocurrencies, but I'm not sure if wire transfer is supported. Can someone please clarify if it's possible to use wire transfer for buying and selling cryptocurrencies on Chime?

Is it possible to use wire transfer to buy and sell cryptocurrencies on chime account?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to use wire transfer to buy and sell cryptocurrencies on your Chime account. Chime offers a feature called 'Pay Friends' which allows you to send money to other Chime users using their email or phone number. You can use this feature to send money to your cryptocurrency exchange account and then use it to buy or sell cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, wire transfer is not supported for buying and selling cryptocurrencies on Chime account. Chime primarily focuses on providing a mobile banking experience and does not currently offer direct integration with cryptocurrency exchanges. However, you can still use other payment methods such as debit card or ACH transfer to fund your cryptocurrency trading.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can use wire transfer to buy and sell cryptocurrencies on your Chime account. BYDFi, a popular cryptocurrency exchange, supports wire transfer as a payment method. You can link your Chime account to BYDFi and transfer funds using wire transfer to buy or sell cryptocurrencies. Please note that BYDFi may have its own fees and requirements for wire transfers, so make sure to check their website for more information.