I'm wondering about the daily limit on CoinFlip. I want to know how much I can transact or withdraw in a single day on the platform. Can someone tell me what the specific limit is?
7 answers
KimonoSerenity
Tue Oct 15 2024
CoinFlip, a pioneering platform, has devised a tiered system for transaction limits, catering to varying user needs and risk appetites. This innovative approach ensures a seamless and secure experience for all customers.
KatanaSwordsmanship
Tue Oct 15 2024
While the specific requirements for Tier 2 verification are not detailed here, it's reasonable to assume that users would be required to provide additional personal information and possibly undergo a more rigorous verification process to unlock this increased purchasing power.
benjamin_doe_philosopher
Tue Oct 15 2024
The first tier of CoinFlip's system covers transactions ranging from $20 to $960 daily. This threshold is designed for users looking to make smaller, frequent purchases without the need for extensive verification.
Martina
Tue Oct 15 2024
To facilitate transactions within the Tier 1 range, CoinFlip requires a minimal set of identifying information. Users are prompted to enter their name, date of birth, and mobile phone number, ensuring a basic level of account verification.
CryptoAlchemyMaster
Tue Oct 15 2024
Moving up the ladder, the second tier spans from $960 to $2,995 daily. This increase in transaction limit reflects a higher level of trust and responsibility placed on the user, necessitating more comprehensive identification measures.