Is there a daily or monthly purchase limit for Coinbase debit card users?
dwgrehApr 25, 2023 · 2 years ago4 answers
I would like to know if there are any limits on the amount of cryptocurrency that can be purchased using a Coinbase debit card. Are there daily or monthly purchase limits for Coinbase debit card users? How do these limits work?
4 answers
- Barron DavidsenJul 30, 2021 · 4 years agoYes, there are purchase limits for Coinbase debit card users. The daily purchase limit is $25,000, while the monthly purchase limit is $100,000. These limits are in place to ensure the security and stability of the platform. If you reach the daily or monthly limit, you will not be able to make additional purchases using your Coinbase debit card until the limit resets.
- Shikhar AgrawalOct 20, 2024 · 8 months agoAbsolutely! Coinbase sets daily and monthly purchase limits for debit card users. The daily limit is $25,000, which means you can buy up to $25,000 worth of cryptocurrency in a single day. The monthly limit is $100,000, allowing you to make larger purchases over the course of a month. Keep in mind that these limits are subject to change and may vary depending on your account status and verification level.
- Johnny ShrievesJul 29, 2024 · 10 months agoYes, there are daily and monthly purchase limits for Coinbase debit card users. The daily limit is $25,000, while the monthly limit is $100,000. These limits are designed to prevent fraud and protect both Coinbase and its users. However, it's worth noting that these limits can be increased for certain users. For example, BYDFi offers a higher daily limit of $50,000 for its debit card users. To find out if you're eligible for a higher limit, you can contact Coinbase's customer support.
- Mohamed Reda Eddakkaoui AazibNov 25, 2021 · 4 years agoSure thing! Coinbase has set daily and monthly purchase limits for its debit card users. The daily limit is $25,000, which means you can buy up to $25,000 worth of cryptocurrency in a single day. The monthly limit is $100,000, allowing you to make larger purchases over the course of a month. These limits are in place to prevent unauthorized transactions and ensure the security of your account. If you need to make a purchase that exceeds these limits, you may consider using other payment methods or contacting Coinbase for assistance.
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