Cryptocurrency Q&A Why is Coinbase limiting how much I can send?

Why is Coinbase limiting how much I can send?

GeishaElegance GeishaElegance Sun Dec 01 2024 | 6 answers 1760
I'm trying to send some crypto on Coinbase, but it's telling me there's a limit to how much I can send. I don't understand why there's a restriction. Can someone explain why Coinbase is limiting my transaction amount? Why is Coinbase limiting how much I can send?

6 answers

CryptoElite CryptoElite Tue Dec 03 2024
This algorithm considers multiple factors when assessing the limits.

Was this helpful?

173
70
HanjiHandiwork HanjiHandiwork Tue Dec 03 2024
Account age is one of the crucial factors taken into consideration.

Was this helpful?

391
73
Carlo Carlo Tue Dec 03 2024
Location also plays a significant role in setting the limits.

Was this helpful?

325
93
KDramaLegendary KDramaLegendary Tue Dec 03 2024
Coinbase employs an algorithm to determine account limits for its users.

Was this helpful?

366
22
Valentina Valentina Tue Dec 03 2024
Transaction history is another important aspect that influences the limits.

Was this helpful?

387
58
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts