If you’re wondering why your limit on Coinbase is so low, there are a few possible explanations. First, it’s important to remember that Coinbase sets limits based on several factors, including your account age, buying history, and account verification level.
So if you’re new to Coinbase or have a relatively short buying history, your limit will be lower than someone who’s been using Coinbase for a longer period of time or has a higher account verification level.
Another possibility is that you may have made a large purchase recently and your limit has not yet been increased. Coinbase typically increases limits automatically after a period of time, so if you’ve made a large purchase recently, your limit may go up soon.
Finally, it’s also possible that your limit is low because you’ve submitted a request to increase it. If you’ve requested a limit increase and are still waiting for a response from Coinbase, your limit will remain at its current level until your request is approved.