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What are the requirements to increase the card purchase limit on Coinbase?

avatarCrystal EvansNov 25, 2021 · 3 years ago3 answers

What are the specific requirements or criteria that need to be met in order to increase the card purchase limit on Coinbase? Are there any verification processes or additional steps involved?

What are the requirements to increase the card purchase limit on Coinbase?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    To increase the card purchase limit on Coinbase, you need to meet certain requirements. First, you must complete the identity verification process by providing a valid government-issued ID and verifying your personal information. This is to ensure compliance with regulatory standards and prevent fraud. Additionally, Coinbase may require you to link and verify a bank account or credit card to increase your purchase limit. It's important to note that the specific requirements may vary depending on your location and the level of verification you have completed.
  • avatarNov 25, 2021 · 3 years ago
    Increasing the card purchase limit on Coinbase involves a few steps. Firstly, you need to ensure that your account is fully verified. This includes providing your personal information and verifying your identity. Once your account is verified, you may need to link and verify a bank account or credit card. Coinbase uses this information to assess your financial stability and determine your purchase limit. Keep in mind that the requirements may differ based on your location and the level of verification you have completed.
  • avatarNov 25, 2021 · 3 years ago
    When it comes to increasing the card purchase limit on Coinbase, the requirements can vary. However, one common requirement is completing the identity verification process. This typically involves providing a valid government-issued ID and verifying your personal information. Coinbase may also require you to link and verify a bank account or credit card. By doing so, Coinbase can ensure the security of your transactions and prevent unauthorized use of your account. It's worth noting that the specific requirements may differ depending on your location and the level of verification you have completed. If you have any further questions, you can reach out to Coinbase's customer support for assistance.