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How does Coinbase determine the send limit for users?

avatarHojjat KamelAhmadiDec 25, 2021 · 3 years ago3 answers

Can you explain how Coinbase sets the send limit for its users? I'm curious about the factors that determine the limit and whether it varies for different users. Is there a way to increase the send limit?

How does Coinbase determine the send limit for users?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Coinbase determines the send limit for users based on several factors. These factors include the user's account verification level, transaction history, and the type of cryptocurrency being sent. The send limit may vary for different users depending on their account status and activity. To increase the send limit, users can complete additional verification steps and build a positive transaction history on the platform.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to determining the send limit for users, Coinbase takes into account various factors. These factors include the user's identity verification, account age, transaction history, and the type of cryptocurrency being sent. The send limit can be different for each user based on these factors. If you want to increase your send limit, you can try completing additional verification steps and maintaining a good transaction record on Coinbase.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to determining the send limit for users, Coinbase takes a comprehensive approach. They consider factors such as the user's account verification level, transaction history, and the type of cryptocurrency being sent. The send limit can vary for different users based on these factors. If you're looking to increase your send limit, Coinbase provides a clear path to follow. By completing additional verification steps and maintaining a positive transaction history, you can gradually increase your send limit on the platform.