What are the limits for using Coinbase with PayPal?
LaysheDec 17, 2021 · 3 years ago3 answers
Can you please provide more details about the limits for using Coinbase with PayPal? I am interested in knowing the maximum amount I can transfer, any restrictions on withdrawals, and if there are any fees associated with using PayPal on Coinbase.
3 answers
- Dec 17, 2021 · 3 years agoSure! When using Coinbase with PayPal, there are certain limits in place. The maximum amount you can transfer from your Coinbase account to PayPal is $25,000 per day. However, please note that this limit may vary depending on your account status and verification level. As for withdrawals, you can transfer funds from your PayPal account to Coinbase with no limits. However, keep in mind that there might be withdrawal fees imposed by PayPal or Coinbase. It's always a good idea to check the latest fee schedule on both platforms to avoid any surprises.
- Dec 17, 2021 · 3 years agoThe limits for using Coinbase with PayPal are designed to ensure the security and compliance of both platforms. The maximum transfer limit from Coinbase to PayPal is $25,000 per day. This limit helps prevent potential fraudulent activities and ensures that both buyers and sellers are protected. When it comes to withdrawals, there are no specific limits imposed by Coinbase. However, PayPal may have its own withdrawal limits and fees. It's important to review PayPal's terms and conditions to understand any potential restrictions or charges that may apply to your transactions.
- Dec 17, 2021 · 3 years agoAs an expert in the field, I can tell you that the limits for using Coinbase with PayPal are set to protect both the users and the platforms. The maximum transfer limit from Coinbase to PayPal is $25,000 per day. This limit helps prevent unauthorized transactions and ensures that both parties are protected. When it comes to withdrawals, Coinbase does not impose any specific limits. However, PayPal may have its own withdrawal limits and fees. It's always a good idea to review PayPal's terms and conditions to understand any potential restrictions or charges that may apply to your transactions. If you have any further questions, feel free to ask!
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