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Are there any limitations or restrictions when using Coinbase Instant Buy to purchase cryptocurrencies?

avatarathul manojJan 12, 2022 · 3 years ago1 answers

What are the limitations or restrictions that I should be aware of when using Coinbase Instant Buy to purchase cryptocurrencies?

Are there any limitations or restrictions when using Coinbase Instant Buy to purchase cryptocurrencies?

1 answers

  • avatarJan 12, 2022 · 3 years ago
    When using Coinbase Instant Buy, it's important to be aware of the limitations and restrictions. Firstly, not all cryptocurrencies are available for purchase using Instant Buy, so make sure the cryptocurrency you want is supported. Secondly, there may be limits on the amount you can buy, depending on your account level and verification status. Thirdly, Instant Buy transactions are subject to fees, which can vary depending on the cryptocurrency and the amount you're purchasing. Lastly, Instant Buy may not be available in all countries or regions, so check if it's supported in your location. Overall, Coinbase Instant Buy is a convenient way to purchase cryptocurrencies, but it's important to understand these limitations and restrictions to avoid any surprises.