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Are there any limits on the number of stellar lumens I can buy?

avatarJimryYchaoDec 15, 2021 · 3 years ago3 answers

Is there a maximum limit on the amount of stellar lumens that I can purchase?

Are there any limits on the number of stellar lumens I can buy?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, there are limits on the number of stellar lumens you can buy. The exact limits may vary depending on the cryptocurrency exchange you use. Some exchanges may have daily, weekly, or monthly limits on the amount of stellar lumens you can purchase. It's important to check the specific limits set by the exchange you are using.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Just like any other cryptocurrency, there are limits on the number of stellar lumens you can buy. These limits are usually put in place to prevent market manipulation and ensure fair trading. The limits may vary from exchange to exchange, so it's always a good idea to check the terms and conditions of the exchange you're using.
  • avatarDec 15, 2021 · 3 years ago
    Yes, there are limits on the number of stellar lumens you can buy. At BYDFi, for example, there is a maximum limit of 10,000 stellar lumens per transaction. However, you can make multiple transactions if you want to buy more. Keep in mind that these limits may change over time, so it's always a good idea to check with the exchange for the most up-to-date information.