Cryptocurrency Q&A What is CoinFlip daily limit?

What is CoinFlip daily limit?

EchoWave EchoWave Sun Oct 13 2024 | 7 answers 1543
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? What is CoinFlip daily limit?

7 answers

KimonoSerenity 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.

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KatanaSwordsmanship 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.

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benjamin_doe_philosopher 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.

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Martina 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.

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CryptoAlchemyMaster 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.

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