Cryptocurrency Q&A
Why is there a $50 limit on Coinbase?
Why is there a $50 limit on Coinbase?
henry_harrison_philosopher
Sun Dec 15 2024
|
5 answers
1325
I'm wondering about the reason behind the $50 limit on Coinbase. I want to understand why this specific amount was chosen as a limit.
5 answers
JejuJoyfulHeartSoulMate
Tue Dec 17 2024
Coinbase sets account limits through an algorithmic process.
Was this helpful?
342
80
ZenFlow
Mon Dec 16 2024
This algorithm considers multiple aspects of an account.
Was this helpful?
206
68
emma_carter_doctor
Mon Dec 16 2024
One factor taken into account is the age of the account.
Was this helpful?
379
95
BitcoinWizardry
Mon Dec 16 2024
The location of the account holder also influences the limits.
Was this helpful?
275
83
TaekwondoMasterStrengthHonorGlory
Mon Dec 16 2024
Transaction history and payment method are also critical factors.
Was this helpful?
123
30
