What is the weekly buying restriction for cryptocurrencies on Coinbase?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! Coinbase has a weekly buying restriction for cryptocurrencies. The exact limit depends on your account level. For example, for level 1 accounts, the limit is $250 worth of cryptocurrencies per week. However, as you upgrade your account and provide more information, such as verifying your identity and linking a bank account, the buying restriction increases. So, it's important to complete the verification process to enjoy higher buying limits.
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• Dec 28, 2021 · 3 years ago
  The weekly buying restriction for cryptocurrencies on Coinbase varies based on your account level. If you have a level 1 account, the limit is $250 per week. However, as you move up to higher account levels, such as level 2 or level 3, the buying restriction increases. Coinbase sets these limits to ensure the security of its users and comply with regulations. So, if you want to buy more cryptocurrencies, make sure to upgrade your account and complete the necessary verification steps.
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• Dec 28, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, has a weekly buying restriction for cryptocurrencies on Coinbase. The limit depends on your account level and can range from $250 to $25,000 per week. To increase your buying limit, you need to upgrade your account by providing additional information and completing the verification process. It's important to note that these limits are in place to prevent fraud and ensure the safety of users' funds. So, if you're looking to buy cryptocurrencies on Coinbase, make sure to check your account level and comply with the weekly buying restriction.
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