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Wells Fargo likely took another step, although the bank said they may allow purchases of cryptocurrency again down the line. Debit Card Transactions The protocol for debit card transactions in Bitcoin purchases is almost similar to credit card transactions. Certain exchanges are simply there to steal your personal information or rob you of your bitcoins. The only difference is that you are to select the debit card option as opposed to credit card selection. Bitcoin is not anonymous but rather pseudonymous.

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