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Bitcoin => Bitcoin Discussion => Topic started by: esjb11 on February 08, 2018, 12:04:29 AM



Title: Is there a limit for how mutch you can buy for with creditcard on Coinbase?
Post by: esjb11 on February 08, 2018, 12:04:29 AM
Is there a limit for how mutch you can buy for with creditcard on Coinbase?


Title: Re: Is there a limit for how mutch you can buy for with creditcard on Coinbase?
Post by: alyssa85 on February 08, 2018, 12:19:35 AM
Is there a limit for how mutch you can buy for with creditcard on Coinbase?

It depends on your verification and how creditworthy their algo deems you. See the following for how they do their account limits:

https://support.coinbase.com/customer/en/portal/articles/2108820-coinbase-account-limits


Title: Re: Is there a limit for how mutch you can buy for with creditcard on Coinbase?
Post by: Walrus1 on February 08, 2018, 12:21:17 AM
Ya, it's pretty low at first but can increase.


Title: Re: Is there a limit for how mutch you can buy for with creditcard on Coinbase?
Post by: esjb11 on February 08, 2018, 03:32:00 PM
I could only buy for 500 euro  I gues I got to do a wire transfer and hope that the price dosnt skyrock :D


Title: Re: Is there a limit for how mutch you can buy for with creditcard on Coinbase?
Post by: bitart on February 08, 2018, 10:46:49 PM
I would ask a really similar, but yet different question: ...for how long you can buy with credit card....
Banks and credit card companies are just making harder and harder to buy bitcoin with credit card, they have an official communication why they are doing this (restricting people from buying bitcoin, to prevent them from the possible future losses....) First step was that they have raised the fee of the credit card payment, if the payment is in connection with cryptos. After some banks has already banned their customers, they don't let them buy bitcoin with the credit card. Not sure what's next but it seems that it's not just about taking care of people...


Title: Re: Is there a limit for how mutch you can buy for with creditcard on Coinbase?
Post by: ben-iyieke on February 08, 2018, 11:28:01 PM
First step was that they have raised the fee of the credit card payment, if the payment is in connection with cryptos. After some banks has already banned their customers, they don't let them buy bitcoin with the credit card. Not sure what's next but it seems that it's not just about taking care of people