I tried to buy xrp on Coinbase and the transaction was declined. I got a notice from my bank (BMO) to confirm and I confirmed but I still got declined when I tried again. I went to the branch and they said BMO doesn’t allow crypto purchases on the internet because of the risk. I then asked a manager at Bank of America and he said it’s hit or miss and some customers can buy crypto and some get declined.
What would you guys do in this situation?
My bank won’t allow me to buy crypto. I asked a manager of a different bank and he said it’s hot or miss on buying crypto. I’m in the US (Illinois).
byu/Extreme-Bed3755 inCryptoMarkets
Posted by Extreme-Bed3755
8 Comments
Tell your bank to go fuck themselves. It’s your money to spend as you wish.
Was this on a credit card? Debit Card? ACH through Plaid?
Try buying hbar.
Uhhhhh ya faq ur bank and u for not standing on business about the money YOU earn
Then tell them you are gonna switch banks
Never had that problem with Coinbase and I’ve used 2 different banks
I usually fund the exchange from my bank then buy ….is that what BMO is not letting you do? I use an exchange that accept eTransfers not sure what the States does though. How do you fund ypur exchange account such as Kraken?
You’re gonna have to go with a credit union (preferrably) or a different bank.