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Questions tagged [moonpay transaction]

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NebulaSoul NebulaSoul Sun Dec 22 2024 | 7 answers 1807

Why is my MoonPay transaction declined by my bank?

I tried to make a transaction using MoonPay, but my bank declined it. I'm not sure why this happened as I have sufficient funds in my account. Could it be due to some security reasons or is there any other issue?

Why is my MoonPay transaction declined by my bank?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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