Coinbase, Exchanges

Why Is My Coinbase Limit $100?

If you’re wondering why your Coinbase limit is $100, there are a few possible explanations. First, it’s important to understand that Coinbase imposes limits on how much you can buy and sell in a given day.

These limits are designed to protect Coinbase and its users from fraud and abuse.

Second, your limit may be $100 because you’re a new Coinbase user. Coinbase imposes these limits to help prevent fraud and abuse by new users.

As you use Coinbase more, and establish a good track record, your limits will likely be increased.

Third, your limit may be $100 because you live in a country where Coinbase doesn’t support high-volume trading. For example, Coinbase doesn’t currently support high-volume trading in China or India.

NOTE: WARNING: Coinbase has a daily limit of $100 that is imposed by the company in order to prevent fraud and unauthorized use of your account. If you need to make any purchases or transfers that exceed this limit, please contact Coinbase Customer Support for assistance. Failure to do so may result in your account being blocked or closed.

If you live in one of these countries, your limit will likely be $100.

Whatever the reason for your limit being $100, there are a few things you can do to increase it. First, try uploading some ID documents to Coinbase. This will help establish your identity and may lead to an increase in your limit. Second, try adding a bank account or debit card to your Coinbase account.

This will also help establish your identity and may lead to an increase in your limit. Third, try buying or selling a small amount of cryptocurrency on Coinbase. This activity will help establish your identity and may lead to an increase in your limit.

Ultimately, the reason for your Coinbase limit being $100 is likely due to one of the following: you’re a new user, you live in a country where Coinbase doesn’t support high-volume trading, or Coinbase is trying to prevent fraud and abuse. However, there are things you can do to increase your limit.

Try uploading some ID documents, adding a bank account or debit card, or buying or selling a small amount of cryptocurrency.

Previous ArticleNext Article