...it.
This is really a follow-up to my previous question about using Bitcoin to send money to a friend.
I'm new to bitcoin and cryptocurrencies in general. I recently joined Coinbase. Today, I wanted to buy $500 worth of bitcoin but was informed that I have a $300 bitcoin purchasing limit.
OK fine. I just wanted to know, is that a "per day limit"? Or is that an account balance limit?
In other words, can I buy $300 of bitcoin today, and buy $200 of bitcoin tomorrow, in order to have a balance of about $500 bitcoin in my Coinbase wallet tomorrow?
OR
If I buy $300 of bitcoin today, do I have to remove it from my Coinbase wallet before I can purchase any more bitcoin?
I asked this question more than once to a Coinbase customer service rep in an online chat, but he did not answer it. (He may have been a bot; It's so hard these days to tell if service reps are bots or just humans who know nothing about their company's policies.)