Cryptocurrency Q&A Why are Coinbase limits so low?

Why are Coinbase limits so low?

CoinMaster CoinMaster Thu Dec 05 2024 | 5 answers 842
I'm trying to understand why the transaction limits on Coinbase are so restrictive. It seems like they are much lower compared to other platforms. I'm curious about the reasons behind these limitations. Why are Coinbase limits so low?

5 answers

HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Sat Dec 07 2024
Coinbase sets different account levels based on the amount of information provided by users.

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GeishaCharm GeishaCharm Sat Dec 07 2024
By providing more information and undergoing a thorough verification process, users can increase their account level and, consequently, their transaction limits.

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SumoHonor SumoHonor Sat Dec 07 2024
US users may find their Coinbase limit to be relatively low.

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EthereumEliteGuard EthereumEliteGuard Sat Dec 07 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to users' varying needs.

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DigitalDynasty DigitalDynasty Sat Dec 07 2024
This is primarily due to a lack of account verification.

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