Cryptocurrency Q&A
Why is there a limit on Coinbase Wallet?
Why is there a limit on Coinbase Wallet?
Fri Jan 10 2025
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5 answers
1205
There is a limit on Coinbase Wallet because Apple has blocked the ability to send NFTs on its iOS app. Apple requires a 30% fee on NFT transfers through its App Store's in-app purchase system, which Coinbase cannot comply with due to the system's lack of support for cryptocurrencies. This restriction has made it difficult for iPhone users to transfer NFTs using Coinbase Wallet.
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5 answers
Sun Jan 12 2025
Limits are imposed on your account for purchases and deposits as a crucial financial safeguard measure.
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Sat Jan 11 2025
These limits are aimed at protecting both you and your account from potential risks.
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Sat Jan 11 2025
The specific limits set on your account are influenced by various factors.
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Sat Jan 11 2025
These factors include your region and the type of payment method you use.
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Sat Jan 11 2025
For instance, purchase and deposit limits may vary significantly between different geographical locations.
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