Cryptocurrency Q&A
What is the default withdrawal limit on Coinbase Exchange?
What is the default withdrawal limit on Coinbase Exchange?
Lorenzo
Tue Jul 09 2024
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6 answers
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As a cryptocurrency investor, I'm curious about the security measures implemented by various platforms. Could you elaborate on the default withdrawal limit set by Coinbase Exchange? I understand that such measures are crucial for preventing unauthorized access and protecting user funds. Could you specify the exact amount or percentage that is the default withdrawal limit on Coinbase? This information would help me gauge the level of security I can expect when transacting on this platform.
6 answers
Valentina
Thu Jul 11 2024
When it comes to Fiat deposits, transactions made through Faster Payments are capped at a maximum of 20 within a 24-hour period.
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Silvia
Thu Jul 11 2024
Specifically, each Faster Payments deposit is limited to a maximum of £1,000,000.
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ShintoMystic
Thu Jul 11 2024
This limitation ensures the security and stability of the platform, preventing any potential misuse or abuse of the service.
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CryptoMystic
Thu Jul 11 2024
Coinbase Exchange account holders are subject to a default daily withdrawal limit of $100,000.
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Valentina
Thu Jul 11 2024
Withdrawals from Coinbase Exchange also have a default limit of £100,000 per day, regardless of the currency involved.
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