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What are the daily limits for buying and selling cryptocurrencies?

avatarLê Anh DuyDec 26, 2021 · 3 years ago3 answers

Can you please provide more information about the daily limits for buying and selling cryptocurrencies? I would like to know the specific limits imposed on individuals for daily transactions in the cryptocurrency market.

What are the daily limits for buying and selling cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The daily limits for buying and selling cryptocurrencies vary depending on the exchange you are using. Some exchanges may have a fixed daily limit for all users, while others may have different limits based on the user's verification level. It is important to check the terms and conditions of the exchange you are using to understand the specific daily limits for buying and selling cryptocurrencies.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to daily limits for buying and selling cryptocurrencies, it's important to note that different exchanges have different policies. Some exchanges may have higher limits for verified users, while others may have lower limits for unverified users. Additionally, the daily limits may also depend on the type of cryptocurrency you are trading. It's always a good idea to check the exchange's website or contact their customer support for the most up-to-date information on daily limits.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, the daily limits for buying and selling cryptocurrencies are based on the user's verification level. For unverified users, the daily limit is $1,000 for both buying and selling. For verified users, the daily limit increases to $10,000 for buying and $50,000 for selling. These limits are subject to change and it's always recommended to check the BYDFi website for the most accurate and up-to-date information on daily limits.