What are the factors that can affect the daily limit on Coinsource for buying digital currencies?

1 answers

• Subhash RoyApr 20, 2022 · 3 years ago
  The daily limit on Coinsource for buying digital currencies can depend on several factors. One of the key factors is the user's account verification level. Users who have completed higher levels of verification may have higher daily limits. Another factor is the user's transaction history and activity on the platform. Coinsource may consider factors such as the user's trading volume, frequency, and compliance with platform rules when determining the daily limit. Market conditions and volatility can also affect the daily limit. During periods of high volatility, Coinsource may lower the limit to manage risk. Additionally, regulatory requirements and compliance measures can influence the daily limit. Coinsource may adjust the limit to comply with applicable laws and regulations.
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