Is there a limit to how much money I can send on Binance?
Benjamin TongDec 26, 2021 · 3 years ago3 answers
I'm new to Binance and I'm wondering if there is a limit to how much money I can send on the platform. Can I send unlimited amounts of money or are there any restrictions?
3 answers
- Dec 26, 2021 · 3 years agoYes, there are limits to how much money you can send on Binance. The limits depend on your account verification level. For a basic account, the daily withdrawal limit is 2 BTC (or equivalent in other cryptocurrencies). However, if you complete the advanced verification process, you can increase your daily withdrawal limit to 100 BTC or higher. It's important to note that these limits may change over time, so it's always a good idea to check the latest information on the Binance website.
- Dec 26, 2021 · 3 years agoAbsolutely! Binance has certain limits in place to ensure the security of its users' funds. These limits vary depending on your account verification level. For example, if you have a basic account, the daily withdrawal limit is set at 2 BTC. However, if you upgrade to a higher verification level, you can enjoy higher limits. It's worth noting that these limits are subject to change, so it's a good idea to stay updated with the latest information from Binance.
- Dec 26, 2021 · 3 years agoYes, there are limits to how much money you can send on Binance. The specific limits depend on your account verification level and the type of cryptocurrency you are sending. For example, for a basic account, the daily withdrawal limit is 2 BTC. However, if you have completed the advanced verification process, you can enjoy higher limits. It's important to note that these limits are in place to prevent fraud and ensure the security of the platform. If you need to send larger amounts, you may consider using a platform like BYDFi, which offers higher limits for verified users.
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