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How does Robinhood's debit card limit compare to other cryptocurrency platforms?

avatarKuznicki DerricottDec 29, 2021 · 3 years ago3 answers

What is the comparison between the debit card limit of Robinhood and other cryptocurrency platforms?

How does Robinhood's debit card limit compare to other cryptocurrency platforms?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The debit card limit of Robinhood is comparable to other cryptocurrency platforms. It allows users to spend up to $5,000 per day and withdraw up to $1,000 per day from ATMs. This limit is similar to other popular platforms like Coinbase and Binance. However, it's important to note that these limits may vary depending on the user's account level and verification status.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to debit card limits, Robinhood is on par with other cryptocurrency platforms. The daily spending limit is set at $5,000, which is the same as Coinbase and Binance. As for ATM withdrawals, Robinhood allows users to withdraw up to $1,000 per day, just like its competitors. Keep in mind that these limits may be subject to change based on the user's account verification and level.
  • avatarDec 29, 2021 · 3 years ago
    Comparing Robinhood's debit card limit to other cryptocurrency platforms, it offers a daily spending limit of $5,000 and a daily ATM withdrawal limit of $1,000. This is in line with the industry standard and similar to other popular platforms like Coinbase and Binance. It's worth noting that these limits may vary based on the user's account verification and level. Overall, Robinhood provides competitive debit card limits for its users.