RATE Group | Coinbase Increases Daily Cryptocurrency Transaction Limit to $25,000, Enables Instant Tr…
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Coinbase Increases Daily Cryptocurrency Transaction Limit to $25,000, Enables Instant Tr…

Coinbase Increases Daily Cryptocurrency Transaction Limit to $25,000, Enables Instant Tr…

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Coinbase, the largest cryptocurrency exchange platform in the United States, has taken another step in improving the user experience of traders on its platform. The San Francisco-based exchange service has increased its purchase limit from $25,000 a week to a day.

Daily Cryptocurrency Purchase Limit Now at $25,000

Coinbase, on Tuesday (August 7, 2018) announced some changes to its trading policies geared towards improving the user experience of its customers. The platform announced the changes via a post on its blog.

Traders using the San Francisco-based cryptocurrency exchange platform can now purchase up to $25,000 a day, instead of $25,000 a week. With this 7x increase, US customers can avoid multiple layers of approval and inconvenient delays when purchasing cryptocurrencies. The exchange platform decided to raise the threshold to give its customers a seamless trading experience.

Coinbase Cancels Buy/Sell Limits

The cryptocurrency exchange platform has done more than increase the…

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