Cryptocurrency Q&A Why is there a $1.00 charge on my credit card?

Why is there a $1.00 charge on my credit card?

Valentina Valentina Sun Dec 15 2024 | 6 answers 1635
I found a $1.00 charge on my credit card statement and I'm wondering why it's there. I didn't make any purchases that should result in a $1.00 charge. Can someone explain this to me? Why is there a $1.00 charge on my credit card?

6 answers

CryptoNinja CryptoNinja Tue Dec 17 2024
The amount of $1.00 often serves as an authorization rather than a charge.

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HallyuHero HallyuHero Mon Dec 16 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.

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henry_taylor_architect henry_taylor_architect Mon Dec 16 2024
This authorization is primarily used to verify the card information provided.

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CherryBlossomDance CherryBlossomDance Mon Dec 16 2024
Typically, once the authorization is completed, the $1.00 is voided shortly after.

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EmeraldPulse EmeraldPulse Mon Dec 16 2024
It's important to understand that banks are not obligated to process the void immediately.

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