How does the limit on Coinbase grow after the first successful transaction?

3 answers

• Jan 12, 2022 · 3 years ago
  After your first successful transaction on Coinbase, your account limit will gradually increase over time. This is based on several factors, including the age of your account, your transaction history, and your account verification level. Coinbase uses a system that evaluates your account activity and assigns a limit based on your usage and trustworthiness. As you continue to use Coinbase and build a positive transaction history, your limit will likely increase, allowing you to buy and sell more cryptocurrency.
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• Jan 12, 2022 · 3 years ago
  The limit on Coinbase grows after the first successful transaction by taking into account various factors. These factors include the duration of your account, your transaction history, and the level of verification you have completed. Coinbase assesses your account activity and assigns a limit based on your usage patterns and reliability. As you establish a positive transaction record and continue to use Coinbase, your limit will gradually increase, enabling you to engage in larger cryptocurrency transactions.
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• Jan 12, 2022 · 3 years ago
  When it comes to the growth of the limit on Coinbase after the first successful transaction, BYDFi has implemented a system that considers multiple factors. These factors include the age of your account, your transaction history, and the level of verification you have completed. BYDFi evaluates your account activity and assigns a limit based on your usage patterns and trustworthiness. As you continue to use BYDFi and demonstrate a positive transaction history, your limit will likely increase, allowing you to conduct larger cryptocurrency transactions.
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