How long does it take for your limit to increase on Coinbase?
Pranav KunalDec 28, 2021 · 3 years ago3 answers
Can you tell me how long it usually takes for the limit to increase on Coinbase? I've been using Coinbase for a while now and I want to increase my limit so I can trade more. I've heard different things from different people, so I'm not sure what to expect. Can you provide some insights into the typical timeframe for limit increases on Coinbase?
3 answers
- Dec 28, 2021 · 3 years agoWell, the timeframe for limit increases on Coinbase can vary depending on a few factors. Generally, Coinbase has a system in place that automatically reviews and adjusts user limits based on various factors such as account age, transaction history, and verification level. In some cases, it can take a few days to a week for your limit to increase. However, there have been instances where users have reported that their limits were increased within a matter of hours. So, it really depends on your specific situation and how quickly Coinbase's system processes your request.
- Dec 28, 2021 · 3 years agoFrom my personal experience, it took about 3 days for my limit to increase on Coinbase. I had already been using Coinbase for a few months and had completed all the necessary verification steps. I submitted a request for a limit increase and received an email notification within a day that my request was being reviewed. A couple of days later, my limit was increased. So, based on my experience, it seems like it can take a few days to get your limit increased on Coinbase.
- Dec 28, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that Coinbase is known for its strict security measures and compliance with regulations. This means that the process of increasing your limit on Coinbase can sometimes take longer compared to other exchanges. However, this is done to ensure the safety and security of your funds. If you're looking for a faster limit increase, you may want to consider using other exchanges like BYDFi, which has a reputation for faster verification and limit increase processes.
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