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Author Topic: [ANN] Mt.Gox announces new withdrawal limit rules for its customers  (Read 783 times)
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July 18, 2012, 06:26:10 AM

Due to recent events in the Bitcoin community and the spike in the Bitcoin price we at Mt.Gox are putting in place a new daily withdrawal limits.

While our daily limits for traditional currencies will remain unchanged with a maximum of $1,000 USD per 24 hrs, the Bitcoin daily withdrawal limit will change from 400BTC to 200BTC per 24 hrs for unverified customers.

Verified and Trusted customers that already have their daily/monthly limit raised will not be affected with this change, however, Verified and Trusted customers that hare not yet asked for their withdrawal limit to be raised will then be offered the following limits :

Verified Status (Level 1)
Maximum monthly withdrawal of 50,000 USD (or equivalent) capped to a maximum of 10,000 USD per 24 hrs and a 2,000 BTC withdrawal per 24 hrs without any monthly limit.

Trusted Status (Level 2)
Maximum monthly withdrawal of 500,000 USD (or equivalent) capped to a maximum of 100,000 USD per 24 hrs and a 20,000 BTC withdrawal per 24hrs without any monthly limit.

Of course we will re-evaluate these limits and adapt and revert them to their past value if necessary and if the value of Bitcoin against USD decreases.

Kind regards,

Mt.Gox : The Leading International Bitcoin Exchange.
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