Cryptocurrency Q&A Why do I have a $100 limit on Coinbase?

Why do I have a $100 limit on Coinbase?

JejuSunrise JejuSunrise Fri Dec 06 2024 | 6 answers 1077
I'm trying to understand why there's a $100 limit on my Coinbase account. I want to know the reason behind this restriction and if there's anything I can do to increase or remove it. Why do I have a $100 limit on Coinbase?

6 answers

MysticGlider MysticGlider Sun Dec 08 2024
Coinbase sets account limits through an algorithm.

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GeishaCharming GeishaCharming Sun Dec 08 2024
This algorithm considers multiple factors.

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CryptoWizardry CryptoWizardry Sat Dec 07 2024
Account age is one of the criteria used.

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Elena Elena Sat Dec 07 2024
Location is another factor that influences limits.

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Raffaele Raffaele Sat Dec 07 2024
Transaction history is also taken into account.

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