Cryptocurrency Q&A
Why is Coinbase limiting my purchase?
Why is Coinbase limiting my purchase?
Nicola
Thu Dec 05 2024
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7 answers
2034
I'm trying to make a purchase on Coinbase, but it seems like there's a limit on how much I can buy. I don't understand why this is happening. Can someone explain why Coinbase is restricting my purchase and what I can do to resolve this issue?
7 answers
DaeguDivaDanceQueenElegance
Fri Dec 06 2024
This is a common practice to ensure the security and integrity of the transactions on the platform.
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KatanaBlade
Fri Dec 06 2024
As users progress through the verification process and provide more information, their buying limits can be increased.
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CryptoNinja
Fri Dec 06 2024
The buying limits implemented by Coinbase are directly associated with the verification status of the user.
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Davide
Fri Dec 06 2024
Coinbase evaluates users based on their verification level and the history of their transactions.
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KatanaSharpened
Fri Dec 06 2024
The payment method chosen by the user also plays a crucial role in determining these limits.
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