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What is the maximum limit for cash transactions on a cryptocurrency platform?

avatarnasim AnsariDec 27, 2021 · 3 years ago3 answers

I would like to know the maximum limit for cash transactions on a cryptocurrency platform. Can you provide me with the details?

What is the maximum limit for cash transactions on a cryptocurrency platform?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The maximum limit for cash transactions on a cryptocurrency platform can vary depending on the platform you are using. Some platforms may have a limit of $10,000 per transaction, while others may have a higher or lower limit. It is important to check the terms and conditions of the specific platform you are using to find out the exact maximum limit for cash transactions.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to cash transactions on a cryptocurrency platform, the maximum limit can be different for each platform. It is recommended to check the platform's guidelines or contact their customer support to get accurate information about the maximum limit for cash transactions. Keep in mind that these limits are often in place to comply with anti-money laundering regulations and to ensure the security of transactions.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, a popular cryptocurrency platform, the maximum limit for cash transactions is set at $50,000 per transaction. This limit is in place to ensure the safety and security of transactions and to comply with regulatory requirements. It is important to note that this limit may vary for different platforms, so it is always a good idea to check the specific platform's terms and conditions for the most up-to-date information.