As Bitcoin continues to surge in popularity, more and more people are looking to invest in the digital currency. One of the most popular ways to do this is through Coinbase, one of the leading cryptocurrency exchanges. But what is the limit to buy Bitcoin on Coinbase
Coinbase has a strict limit on how much Bitcoin you can buy per week. This limit is currently set at $500 worth of Bitcoin per week.
NOTE: WARNING: Coinbase has a daily buying limit of $25,000 for most customers. If you attempt to purchase more than this limit, your order may be declined. Additionally, some payment methods may have lower buy limits than others. Please make sure to check the payment details before attempting a large purchase.
This means that if the price of Bitcoin rises above $500, you will not be able to purchase any additional Bitcoin until the following week.
This limit is in place to prevent users from overloading Coinbase’s servers with too many transactions. However, it also means that if you want to buy a large amount of Bitcoin all at once, you will need to find another exchange that doesn’t have such strict limits in place.
If you’re looking to buy Bitcoin on Coinbase, you’ll need to be aware of this limit. However, it’s still possible to get around it if you’re willing to work with another exchange.
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