What is the maximum limit for cash transactions on a cryptocurrency exchange?

3 answers

• May 12, 2022 · 3 years ago
  The maximum limit for cash transactions on a cryptocurrency exchange varies depending on the exchange and the country in which it operates. Generally, exchanges have different tiers or levels of verification, and the maximum limit for cash transactions increases as you move up the verification levels. For example, on some exchanges, the initial verification level may have a maximum limit of $2,000 per day, while higher verification levels may allow for cash transactions up to $50,000 or more per day. It's important to check the specific exchange's terms and conditions to determine the maximum limit for cash transactions.
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• May 12, 2022 · 3 years ago
  Cash transaction limits on cryptocurrency exchanges can vary widely. Some exchanges may have a maximum limit of $10,000 per day for cash transactions, while others may have higher limits of $100,000 or more. It's important to note that these limits are often subject to change and may also depend on the user's verification level. To find out the maximum limit for cash transactions on a specific cryptocurrency exchange, it's best to visit their website or contact their customer support for the most up-to-date information.
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• May 12, 2022 · 3 years ago
  At BYDFi, a popular cryptocurrency exchange, the maximum limit for cash transactions is $50,000 per day. This limit applies to verified users who have completed the necessary KYC (Know Your Customer) procedures. It's important to note that this limit may vary for different cryptocurrencies and may also be subject to change based on regulatory requirements. It's always a good idea to check the exchange's website or contact their support team for the most accurate and up-to-date information on cash transaction limits.
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