unable to buy crypto with linked bank account

reneesmith
New Community Member

I have recently added and linked a checking account and am unable to buy crypto with the account that I have linked unless it is below $1k.  When it is over $1k it will not list my checking account in the drop down menu to purchase the crypto.  My checking has more than enough funds to cover the amount I am trying to purchase (which is less than $20k). Does anyone know why?  Paypal has TERRIBLE customer service, I have been unable to contact anyone on the phone as well as their message center.  Please help!

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3 REPLIES 3

alterspaces
Contributor
Contributor

I have a similar problem, I called customer service twice. 1st time they wouldn't give me a straight answer. 2nd time the representative actually tried pretty hard to find out what was going on and in the end he believes it to be a glitch. Hopefully this bug will be worked out in the future.

 

My situation: if I try to purchase, say $500 ethereum, none of my linked bank accts show up as payment options, even though they have sufficient funds and are confirmed. I may purchase the $500 eth if I use my paypal balance. I actually found the exact number I can purchase with my linked accts - $272. Strange number, but if I want to purchase $272 or lower btc, bch, eth, ltc, both my linked bank accts show up! The crazy thing is that on Jan 19, 2021 when it stopped working, I was actually able to purchase $500 ltc, and then 5 minutes later I tried to purchase $500 eth and the problem arose. One week prior, I was able to make $3000 in crypto purchases just fine with NO problems (besides the stupid transaction fee of course), so I was shocked when I was not allowed to make the second purchase last night Jan 19 even though the first one went through.

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Bentley5
New Community Member

I am having the same problem, when I try to purchase Bitcoin. I was able to purchase 10K but then it would not allow but to purchase 500.00 at a time, then, it went down to 100.00.  Now can’t purchase any, stating to link account?? How do we get this problem corrected?

 

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alterspaces
Contributor
Contributor

as an update to my post above, the problem resolved itself after about a week. Suddenly I was able to buy again. Weird... so I guess it really was just a glitch.

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