common-close-0
BYDFi
Trade wherever you are!

What are the common reasons for 3ds verification failed when buying cryptocurrencies?

avatarCode.J6Dec 27, 2021 · 3 years ago7 answers

When trying to buy cryptocurrencies, I often encounter 3ds verification failures. What are the common reasons for this issue? Why does the 3ds verification fail and how can I resolve it?

What are the common reasons for 3ds verification failed when buying cryptocurrencies?

7 answers

  • avatarDec 27, 2021 · 3 years ago
    One common reason for 3ds verification failure when buying cryptocurrencies is incorrect card details. Double-check that you have entered the correct card number, expiration date, and CVV code. Also, ensure that your card is eligible for online transactions and has sufficient funds.
  • avatarDec 27, 2021 · 3 years ago
    Another reason for 3ds verification failure could be technical issues with the payment gateway or the bank's authentication system. In such cases, it is advisable to contact your bank or the customer support of the cryptocurrency exchange to resolve the issue. They can provide further assistance and guidance to complete the verification process successfully.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand that 3ds verification failures can be frustrating. It is important to note that the verification process is implemented to ensure the security of your transactions and protect against fraudulent activities. If you encounter a 3ds verification failure, we recommend checking your card details, contacting your bank, and following their instructions to resolve the issue. Our support team is also available to assist you throughout the process.
  • avatarDec 27, 2021 · 3 years ago
    Sometimes, 3ds verification failures can occur due to network connectivity issues or temporary server problems. In such cases, it is advisable to wait for a few minutes and try again. If the issue persists, you can try using a different device or internet connection to complete the verification process.
  • avatarDec 27, 2021 · 3 years ago
    It's worth mentioning that 3ds verification failures are not exclusive to any specific cryptocurrency exchange. They can occur on any platform that implements 3D Secure authentication. Therefore, it is important to follow the recommended steps provided by the exchange or contact their support team for assistance if you encounter any issues during the verification process.
  • avatarDec 27, 2021 · 3 years ago
    If you consistently experience 3ds verification failures when buying cryptocurrencies, it is recommended to review your card's 3D Secure settings. Some cards may have additional security measures enabled, such as Verified by Visa or Mastercard SecureCode. Adjusting these settings or contacting your card issuer can help resolve the verification failure issue.
  • avatarDec 27, 2021 · 3 years ago
    Remember, 3ds verification is an important security measure to protect your funds and prevent unauthorized transactions. While it may cause temporary inconvenience, it ensures a safer environment for cryptocurrency transactions. By understanding the common reasons for 3ds verification failures and following the necessary steps, you can successfully complete your cryptocurrency purchase without any issues.