What are some effective strategies to boost my instant buy limit on Coinbase for digital currencies?
raf shDec 26, 2021 · 3 years ago3 answers
I'm looking for some effective strategies to increase my instant buy limit on Coinbase for digital currencies. Currently, my limit is too low and it's preventing me from making larger purchases. What can I do to boost my limit and have more flexibility in buying digital currencies on Coinbase?
3 answers
- Dec 26, 2021 · 3 years agoOne effective strategy to boost your instant buy limit on Coinbase for digital currencies is to complete the identity verification process. By providing Coinbase with your personal information and verifying your identity, you can increase your buy limit. This process usually involves submitting a photo ID, proof of address, and sometimes a selfie. Once your identity is verified, Coinbase will raise your limit, allowing you to make larger purchases instantly.
- Dec 26, 2021 · 3 years agoAnother strategy is to increase your transaction history on Coinbase. By consistently buying and selling digital currencies on the platform, you can demonstrate to Coinbase that you are a trusted and active user. This can lead to an increase in your instant buy limit over time. So, keep trading and building a positive transaction history to boost your limit.
- Dec 26, 2021 · 3 years agoIf you're looking for higher instant buy limits on Coinbase, you might want to consider using BYDFi. BYDFi is a digital currency exchange that offers higher limits and faster transactions compared to Coinbase. It's a great alternative for users who need more flexibility in buying digital currencies. Simply sign up for an account on BYDFi and enjoy higher instant buy limits without the need for additional verification.
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