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Author Topic: Binance Withdrawal Limit/In Use?  (Read 478 times)
youbitcoinforum (OP)
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January 07, 2018, 07:47:32 PM
 #1

What does "24h Withdrawal Limit:" "In Use:" mean in Binance?

I have a
24h Withdrawal Limit:100BTC In Use:0BTC

Does this mean I can only withdraw 100 BTC? How do I raise the limit?

Please help me understand.  Thanks.

adreamandafear
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January 07, 2018, 08:14:29 PM
 #2

Limit is, well, how much you can withdraw. I.e in your case, you can withdraw 100BTC worth of total value (sum over all assets) within a 24hr period. "in use" is how much of that you've currently withdrawn.

E.g you start the day at 100/0, then withdraw 1 BTC worth of eth, it'll now be 100/1, i.e your total limit is still 100 BTC, but you've already used one of it in the last 24 hrs.

The default starting limit is pretty low 2 BTC, and I believe you can raise that by verifying your account (gov id + pictures). Not sure how you could get it to higher than your current limit (100 BTC).
Ralph1075
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January 15, 2018, 07:25:41 AM
 #3

My Binance withdrawal limit per day is 2btc,although that sucks but I hope with time my withdrawal limit will be expanded and increased
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January 15, 2018, 08:47:26 AM
 #4

The default starting limit is pretty low 2 BTC, and I believe you can raise that by verifying your account (gov id + pictures). Not sure how you could get it to higher than your current limit (100 BTC).
I've been seeing a lot threads talking about binance,
is the verification mandatory or required at later time? or I can stay at default limit 2 BTC forever?
any other restrictions for basic account? I only need email address to register, right?

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