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Title: MtGox daily withdrawal limit: WHY? Post by: misterbigg on August 03, 2012, 03:10:01 PM Why is there a daily BTC withdrawal limit on MtGox?
Title: Re: MtGox daily withdrawal limit: WHY? Post by: unclescrooge on August 03, 2012, 03:17:15 PM To avoid a bank run :D
kidding, I guess it's restriction by their banks,... Title: Re: MtGox daily withdrawal limit: WHY? Post by: Raoul Duke on August 03, 2012, 03:20:31 PM To avoid a bank run :D kidding, I guess it's restriction by their banks,... Why would banks restrict BTC withdrawals? Title: Re: MtGox daily withdrawal limit: WHY? Post by: misterbigg on August 03, 2012, 03:30:00 PM Title: Re: MtGox daily withdrawal limit: WHY? Post by: casascius on August 03, 2012, 03:31:23 PM You can always ask for an increase.
You will have to be verified as well. Title: Re: MtGox daily withdrawal limit: WHY? Post by: BrightAnarchist on August 03, 2012, 03:44:09 PM If your account was hacked, then you'd be glad there was a daily limit...
Title: Re: MtGox daily withdrawal limit: WHY? Post by: TangibleCryptography on August 03, 2012, 03:49:06 PM Why do checking accounts have a daily ATM limt?
Same concept. Another way to look at it is a max loss limit in the event of a hack. It can be raised. It makes me feel better knowing it is still there. |