Bitcoin Forum

Economy => Exchanges => Topic started by: vader18 on July 15, 2017, 02:34:18 PM



Title: coinbase sell limit
Post by: vader18 on July 15, 2017, 02:34:18 PM
I there a limit how much btc one can sell on coinbase per twenty-four hour period. I heard somewhere, its less than one thousand dollars, but not sure if thats right. Thanks in advance.


Title: Re: coinbase sell limit
Post by: Velkro on July 15, 2017, 02:40:11 PM
I there a limit how much btc one can sell on coinbase per twenty-four hour period. I heard somewhere, its less than one thousand dollars, but not sure if thats right. Thanks in advance.
It could be true if your account is not verified fully. Most likely there are only withdrawal limits.
I would verify my account, to be able to sell and withradaw without limits.


Title: Re: coinbase sell limit
Post by: OgNasty on July 15, 2017, 03:53:02 PM
I believe the default daily sell limit is $10,000.


Title: Re: coinbase sell limit
Post by: Quickseller on July 15, 2017, 03:54:19 PM
The limits are set based on your individual account. If you go through the normal verification process then your daily limits will max out at $10k per day, however if you can document your assets and go through additional verifications you can get your limits raised further.


Title: Re: coinbase sell limit
Post by: vader18 on July 15, 2017, 05:08:19 PM
Thanks everyone for your help. I see my limits now on the site.
Not sure where I heard it, but I thought there were some legalities tied to selling more than a thousand within a twenty-four hour period. I guess if coinbase allows it it must be legal.


Title: Re: coinbase sell limit
Post by: HabBear on July 15, 2017, 08:16:46 PM
I there a limit how much btc one can sell on coinbase per twenty-four hour period. I heard somewhere, its less than one thousand dollars, but not sure if thats right. Thanks in advance.

It's true even if you are fully verified. I'm verified and have a weekly sell limit, which is less than what I have on balance.

I believe the default daily sell limit is $10,000.

My limit is by week and is less than $10,000. So a default may be meaningless. And it's most certainly not a daily limit. I have to believe that the limit is based on your personal activity, how much you have on deposit, the size of transactions you've made, whether you buy with a bank account or credit card.

What's most important is that if you go to Coinbase and click on "sell" you'll see your limits. They make it very clear, what your total limit is and what your progress toward that limit may be fore the week.