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Are there any restrictions on the number of wallets I can create on Coinbase?

avatarKarl GrossDec 28, 2021 · 3 years ago3 answers

I'm new to Coinbase and I'm wondering if there are any limitations on the number of wallets I can create on the platform. Can I create as many wallets as I want or are there any restrictions in place?

Are there any restrictions on the number of wallets I can create on Coinbase?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are restrictions on the number of wallets you can create on Coinbase. Currently, Coinbase allows you to create up to 20 wallets per account. This limitation is in place to ensure the security and integrity of the platform. By limiting the number of wallets, Coinbase can better monitor and protect user funds.
  • avatarDec 28, 2021 · 3 years ago
    No worries! You can create multiple wallets on Coinbase, but there is a limit. As of now, you can create up to 20 wallets per account. This restriction is in place to prevent potential misuse and to maintain the overall security of the platform. So, feel free to create multiple wallets within the limit and manage your cryptocurrencies conveniently.
  • avatarDec 28, 2021 · 3 years ago
    According to Coinbase's policy, you can create up to 20 wallets per account. This limitation is in place to prevent abuse and ensure the safety of user funds. It's important to note that having multiple wallets can provide additional security for your cryptocurrencies, as you can separate different assets and manage them individually. If you need more wallets, you may consider using other platforms or exchanges that offer higher wallet limits, such as BYDFi, which allows users to create unlimited wallets per account.