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Author Topic: coinbase limits buy/sell?  (Read 158 times)
btcchamp88 (OP)
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August 14, 2023, 09:19:29 AM
 #1

Are there any limits on how many times you can buy/sell crypto on Coin base every day?
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August 14, 2023, 09:24:22 AM
Last edit: August 14, 2023, 10:30:47 AM by Wiwo
 #2

Coinbase is a centralized exchange and at that, your cryptocurrency buys/sell limits are set based on your KYC limits,  although I don't use Coinbase but I am sure that if you experience any limit in your accounts is based on the limit of your verification just like you have in your bank's limits based on your level of KYC.

Other members may have other contrary views and opinions on limit placement on accounts,  and how those limits could be increased. ..

                                             Update!

I read on Reddit that counbase app is broken at the moment, i wonder if that same bug could ve responsible for your withdrawal/sell operations
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August 14, 2023, 09:30:24 AM
Merited by hugeblack (4)
 #3

As mentioned above, your limits will depend on KYC (and other factors): https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/limits-and-account-levels

This applies to all centralized exchanges though and not just Coinbase (maybe different amounts, but the limits are always there).

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August 14, 2023, 09:47:09 AM
 #4

The OP isn't new to bitcoin. He's asking question pretending he's new to Bitcoin. He isn't a new user in the forum. He didn't reply to any help he's received in the 3 threads he's opened.

As mentioned above, your limits will depend on KYC (and other factors): https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/limits-and-account-levels

This applies to all centralized exchanges though and not just Coinbase (maybe different amounts, but the limits are always there).

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August 14, 2023, 02:59:16 PM
 #5

Coinbase is a centralized exchange and at that, your cryptocurrency buys/sell limits are set based on your KYC limits,  although I don't use Coinbase but I am sure that if you experience any limit in your accounts is based on the limit of your verification just like you have in your bank's limits based on your level of KYC.

Does that refer to instant buy/sell? Because it would be a mess if it applied to spot trading, suppose someone bought up to the limit of the allowed value and then immediately placed a sell order at a higher price that exceeded the limit. On the other hand, the value of the portfolio can grow beyond that limit.

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August 14, 2023, 03:14:33 PM
 #6

The OP isn't new to bitcoin. He's asking question pretending he's new to Bitcoin. He isn't a new user in the forum. He didn't reply to any help he's received in the 3 threads he's opened.


Your comment made me to take a look at ops post history and I realize that ops is not really good at responding back to comments even the ones he has been mentioned or quoted in the comment which is not strange as a character of many newbies lately,  also making just one line sentence is not worth creating a thread for.

But the point ops brought up about the bug/problems experience at coinbase is right though because,  we have read some other users of the exchange complaining about the bug also,  so we all have to be on the lookout for the next possible line of action and keep the thread alive to follow up with the situation.
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August 14, 2023, 06:08:29 PM
 #7

The OP isn't new to bitcoin. He's asking question pretending he's new to Bitcoin. He isn't a new user in the forum. He didn't reply to any help he's received in the 3 threads he's opened.

I may not like to divert on his other threads he created which he also didn't make a follow-up on from people's reply but that isn't a justification not to reply his request on what he asked, someone might have been on this forum for years without having experience i trading.

Are there any limits on how many times you can buy/sell crypto on Coin base every day?

OP i will like to say make my contribution that you always read about exchange ToS abd understand them, am familiar with the limit on the minimum withdrawal of $10 by most exchanges, but in numbers of their buying and selling attempts has to be what you will discover by yourself from the particular exchange you use.

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August 15, 2023, 10:09:47 AM
 #8

What's wrong with btcchamp88. Some newbies behave so strange.

I won't say if it's justified replying to spammers because I don't know if ignoring them's better. Your post could've helped inexperienced ppl so it's nice there's active users like you trying to help when you can.

The OP isn't new to bitcoin. He's asking question pretending he's new to Bitcoin. He isn't a new user in the forum. He didn't reply to any help he's received in the 3 threads he's opened.
I may not like to divert on his other threads he created which he also didn't make a follow-up on from people's reply but that isn't a justification not to reply his request on what he asked, someone might have been on this forum for years without having experience i trading.

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August 15, 2023, 01:39:43 PM
 #9

OP, you've made a lot of threads but you didn't reply to most of them. There's only one thread that you've replied with.

I guess with these questions, you've got enough and right answers already to what you're asking for. It's best for you to lock this and the other topics you've made if not, then a mod is likely to lock them soon.

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August 16, 2023, 11:11:14 AM
 #10

As mentioned above, your limits will depend on KYC (and other factors): https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/limits-and-account-levels

This applies to all centralized exchanges though and not just Coinbase (maybe different amounts, but the limits are always there).

This is true. I had to do more kyc for to be able to use p2p on Binance
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August 16, 2023, 12:27:50 PM
 #11

The OP isn't new to bitcoin. He's asking question pretending he's new to Bitcoin. He isn't a new user in the forum. He didn't reply to any help he's received in the 3 threads he's opened.


Your comment made me to take a look at ops post history and I realize that ops is not really good at responding back to comments even the ones he has been mentioned or quoted in the comment which is not strange as a character of many newbies lately,  also making just one line sentence is not worth creating a thread for.

But the point ops brought up about the bug/problems experience at coinbase is right though because,  we have read some other users of the exchange complaining about the bug also,  so we all have to be on the lookout for the next possible line of action and keep the thread alive to follow up with the situation.
thanks for answering my question;) i think every newbe is the same? not 24/7 online, sry if you only have an online life, i also have friends and fulltime job. maybe you think about it and change some things in your life;)
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August 16, 2023, 01:02:03 PM
 #12

The OP isn't new to bitcoin. He's asking question pretending he's new to Bitcoin. He isn't a new user in the forum. He didn't reply to any help he's received in the 3 threads he's opened.


Your comment made me to take a look at ops post history and I realize that ops is not really good at responding back to comments even the ones he has been mentioned or quoted in the comment which is not strange as a character of many newbies lately,  also making just one line sentence is not worth creating a thread for.

But the point ops brought up about the bug/problems experience at coinbase is right though because,  we have read some other users of the exchange complaining about the bug also,  so we all have to be on the lookout for the next possible line of action and keep the thread alive to follow up with the situation.

how you define a good responde?
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August 16, 2023, 01:58:23 PM
 #13

As mentioned above, your limits will depend on KYC (and other factors): https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/limits-and-account-levels

This applies to all centralized exchanges though and not just Coinbase (maybe different amounts, but the limits are always there).

This is true. I had to do more kyc for to be able to use p2p on Binance
KYC is a must in Binance especially if you're using P2P. Binance is the only intermediary, that's why they have to make sure that both senders funds are safe. If ever there's a problem about the number of tokens/coins that is being sent by the seller, the sender must confirm first before it will be able to transfer. And if there's any problem that both of receiver and sender cannot fix, that's the time Binance will join to fix it. Generally, we must be KYC approved to maximize the use of the CEX.
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August 16, 2023, 03:27:23 PM
 #14

Yes coinbase is a centralized exchange platform but I don't think they would use KYC for the withdrawal limit. Coinbase is international exchange platform and not National exchange. KYC is required for you to deposit and withdraw without any obstruction and not for limit. It is only Fiat Banks set withdraw limit for daily if the KYC has not been updated to verify the account. Exchange Platform asks your KYC for identification and not for withdrawal. From what wiwo said and I read OmegaStarScream link and I see that there is no KYC for withdrawal limit and the limit was caused by account settings. Once you know how to set the account then, you can increase your withdrawal limit. You can submit your documents in any exchange for KYC request for identification and not for withdrawal limit. They can stop you from withdrawing, and performing other activities from the platform and not for limit. Withdrawal limit is from the account settings. Binance use KYC for identification and not for withdrawal limit. So these are two different things.
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August 16, 2023, 04:16:02 PM
Last edit: August 16, 2023, 05:23:40 PM by palle11
 #15

They can stop you from withdrawing, and performing other activities from the platform and not for limit. Withdrawal limit is from the account settings. Binance use KYC for identification and not for withdrawal limit. So these are two different things.

As to binance, I remember I received an email few years back for account verification and they also stipulated the daily limit withdrawal and the rest on that email. I can't go back to that now but I know there are limits to withdrawal in binance.

You can check this  
Quote
– Crypto withdrawal limit: Binance daily withdrawal limits will be adjusted to 0.06 BTC for accounts which have completed only Basic Account Verification. For KYC Verified accounts, Binance withdrawal limit is 8,000,000 BUSD per day.

–Fiat Withdrawal limit: For KYC Lever 1 Verified accounts, Binance withdrawal limit is 50,000 USD per day. Lever 2: 2,000,000 USD per day, Lever 3: unlimited transaction per day.


There are are some regulations that also follows KYC despite being verified and the reason could also not be far from money laundary etc.
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August 16, 2023, 05:02:29 PM
 #16

Are there any limits on how many times you can buy/sell crypto on Coin base every day?


Op are you using Coinbase for your trades? Because most of the people don't use Coinbase due to their short list of trading assets available, the good point is on the centralized exchanges there are always Withdrawal Limits for trade limits I am not sure as I am not used to Coinbase. Your withdrawal or trade limit will be according to the tier = your KYC rank.

Quote
In general, Coinbase does not limit how much crypto you can sell to your Coinbase cash balance (USD, GBP, EUR, etc). Withdrawing from Coinbase will be dependent on the payment method you are using to withdraw.


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August 16, 2023, 06:14:37 PM
 #17

-snip-
Your withdrawal or trade limit will be according to the tier = your KYC rank.

Unlike other exchanges such as Kraken, Coinbase uses standardized withdrawal limits:

Quote
Withdrawals of both cryptocurrency and fiat currency are limited. Coinbase Exchange account holders have a default withdrawal limit of $100,000 per day. This amount applies across all currencies.

Source

However, you can request an increase of the limit and usually have to submit additional documents, e.g. proof of income.
By the way, Coinbase also limits FIAT deposits to a certain amount per day. However, this limit does not apply to cryptos, BTC and co. can be deposited as often as desired and in any amount.

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August 16, 2023, 09:38:41 PM
 #18

Are there any limits on how many times you can buy/sell crypto on Coin base every day?

Basing up on their help section.

Your limits are displayed on the Account limits section of your Settings. Purchase and deposit limits will be different depending on your region and payment method type.

Source: https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/limits-and-account-levels

So this one would vary basing up on those purchase and deposit limits then it would be totally that different.
You could always check on Settings menu about those limits which numbers would really actually vary or not really the same on each user based up
on those words above.

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August 23, 2023, 09:01:33 PM
 #19

You aren't a newbie. You're saying you're a developer for mixing projects but you've asked for help to understand differences between Bitcoin & Bitcoin Cash. You're selling ponzi scripts you don't reply to ppl who've answered your questions or given advice. A good place to start's this thread where you'll be free to respond What's wrong with btcchamp88. Some newbies behave so strange.

how you define a good responde?

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