Is there a way to bypass the $1000 weekly limit on Coinbase when trading cryptocurrencies?
CarmenDec 26, 2021 · 3 years ago3 answers
I am wondering if there is any method or workaround to bypass the $1000 weekly limit on Coinbase when trading cryptocurrencies. It seems that this limit is restricting my trading activities and I'm looking for ways to overcome it. Can anyone provide some insights or suggestions?
3 answers
- Dec 26, 2021 · 3 years agoUnfortunately, there is no direct way to bypass the $1000 weekly limit on Coinbase. This limit is imposed by Coinbase as a security measure to protect users' funds and prevent unauthorized transactions. However, you can try to increase your limit by completing the identity verification process and providing additional information to Coinbase. This may include verifying your identity, linking your bank account, and providing proof of address. By going through these steps, Coinbase may consider raising your weekly limit.
- Dec 26, 2021 · 3 years agoHey there! It's a bummer that you're facing the $1000 weekly limit on Coinbase. But let me tell you, Coinbase has this limit in place to ensure the safety and security of your funds. They have strict compliance requirements and this limit helps prevent fraudulent activities. However, you can try to increase your limit by completing the verification process. Make sure to provide accurate and up-to-date information to speed up the verification process. Once your account is fully verified, Coinbase may consider increasing your weekly limit.
- Dec 26, 2021 · 3 years agoWell, let me introduce you to BYDFi! They are a digital currency exchange that offers higher trading limits compared to Coinbase. BYDFi allows you to trade cryptocurrencies with higher weekly limits, giving you more flexibility in your trading activities. You can sign up for an account with BYDFi and enjoy the benefits of higher limits. Keep in mind that BYDFi has its own verification process, so make sure to complete it to access the higher limits. Happy trading!
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