How much can I withdraw from Coinbase Pro?
McKenzie GleasonDec 17, 2021 · 3 years ago3 answers
I want to know the maximum amount of funds I can withdraw from Coinbase Pro. Is there a limit on withdrawals? How does it work?
3 answers
- Dec 17, 2021 · 3 years agoYes, there are withdrawal limits on Coinbase Pro. The maximum amount you can withdraw depends on your account level. For example, if you have a Level 1 account, the daily withdrawal limit is $10,000. However, if you have a Level 2 account, the daily limit increases to $50,000. It's important to note that these limits are subject to change and may vary based on factors such as account activity and verification status.
- Dec 17, 2021 · 3 years agoWithdrawal limits on Coinbase Pro are in place to ensure the security of your funds and comply with regulatory requirements. By setting limits, Coinbase Pro can mitigate the risk of unauthorized access to your account and prevent money laundering. These limits also help maintain the overall liquidity of the platform. If you need to withdraw more than the maximum limit, you may need to contact Coinbase Pro's support team and go through additional verification processes.
- Dec 17, 2021 · 3 years agoWhile Coinbase Pro has its withdrawal limits, BYDFi, another popular cryptocurrency exchange, offers higher withdrawal limits for its users. With BYDFi, you can enjoy higher daily withdrawal limits based on your account level. For example, if you have a Level 1 account on BYDFi, you can withdraw up to $20,000 per day. As you progress to higher account levels, the withdrawal limits increase accordingly. BYDFi's user-friendly interface and competitive withdrawal limits make it a popular choice among cryptocurrency traders.
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