Cryptocurrency Q&A Why is my Coinbase limit so low?

Why is my Coinbase limit so low?

Riccardo Riccardo Thu Dec 05 2024 | 6 answers 1001
I'm wondering why my Coinbase transaction limit is so low. I expected it to be higher based on my account status and transaction history. Is there a specific reason for this limitation? Why is my Coinbase limit so low?

6 answers

Lucia Lucia Sat Dec 07 2024
These limits serve as a safety measure to protect both the user and the platform.

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noah_harrison_philosopher noah_harrison_philosopher Sat Dec 07 2024
As users provide more information and undergo further verification, their buying limits can increase.

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CosmicWave CosmicWave Sat Dec 07 2024
Coinbase implements a user-verification-based system for determining buying limits.

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Giulia Giulia Sat Dec 07 2024
The buying limits are directly correlated with the user's verification status.

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Eleonora Eleonora Sat Dec 07 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.

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