Cryptocurrency Q&A
What is the 30k limit for crypto?
What is the 30k limit for crypto?
KiteFlyer
Thu Dec 05 2024
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5 answers
1488
I heard about a 30k limit related to cryptocurrency, but I'm not sure what it refers to. Is it a daily transaction limit, a cap on the amount of crypto I can hold, or something else entirely? I'd like to understand what this limit means in the context of crypto.
5 answers
henry_miller_astronomer
Sat Dec 07 2024
Crypto purchase limits vary depending on the type of cryptocurrency you wish to buy.
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DigitalDukedom
Sat Dec 07 2024
Specifically, you can invest a combined total of $30,000 in all other cryptocurrencies over a 12-month period.
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Caterina
Sat Dec 07 2024
When it comes to popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and USD Coin (USDC), there are no limits on how much you can purchase.
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DondaejiDelightfulCharm
Sat Dec 07 2024
This means that you can buy as many of these cryptocurrencies as you want, as long as you have the funds available.
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Tommaso
Sat Dec 07 2024
For other cryptocurrencies that are not as widely traded, there is a cap on how much you can invest in a 12-month period.
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