Coinbase, Exchanges

Why Is My Coinbase Limit 50?

If you’re wondering why your Coinbase limit is 50, there are a few possible explanations. First, it’s important to understand that Coinbase has two types of limits: account limits and payment limits.

Account limits are set by Coinbase and depend on your account level. Payment limits, on the other hand, are set by you and can be increased or decreased at any time.

It’s possible that your account limit is set at 50 because you’re new to Coinbase or you haven’t verified your identity. Once you verify your identity, you’ll likely be able to increase your account limit.

If you’re not sure how to verify your identity, Coinbase has a helpful guide that walks you through the process.

NOTE: WARNING: Coinbase limits are subject to change based on your account activity and other factors. You should not rely solely on the limit set in place by Coinbase. Before making any purchases, please make sure you understand the risks associated with using digital currency, including the potential for loss of funds. Additionally, please be aware of any applicable taxes or fees associated with your purchase.

It’s also possible that your payment limit is set at 50. You can increase or decrease your payment limit at any time by going to the “Payment Limits” section of your settings.

If you’re not sure why your payment limit is set at 50, it’s likely because you haven’t completed all of the required verification steps. To learn more about these steps, Coinbase has a helpful guide that outlines everything you need to do.

In conclusion, the reason why your Coinbase limit is 50 could be due to either your account limit or your payment limit. If you’re new to Coinbase or haven’t verified your identity, it’s likely that your account limit is set at 50.

If you’ve completed all of the required verification steps, it’s likely that your payment limit is set at 50.

Previous ArticleNext Article