Author

Topic: 2015-02-07 CA - Trucoin Takes on CoinBase & Circle With Daily Bitcoin Limit (Read 929 times)

legendary
Activity: 4228
Merit: 1313
I didn't realize Coinbase limits weekly.  Pretty sure I can do $50k daily, but I could be wrong.  Can't recall the last time I checked that.

Perhaps with Coinbase becoming and exchange, this will change anyway?

The so-called 'facts' in the article are incorrect.  It appears they are mixing up "instant buy" (which appears to be done through a credit card and so is higher risk for them) and regular buys.  Regular buys for level 2 look like they are $50,000/day.  I logged into coinbase and the limits were $10,000/day since perhaps I haven't verified stuff.

Some references:
http://blog.coinbase.com/post/74631122841/a-change-in-limits-and-denominations
https://support.coinbase.com/customer/portal/articles/1412684-why-have-the-instant-buy-limits-changed-updated-1-27-2014
legendary
Activity: 1596
Merit: 1010
I didn't realize Coinbase limits weekly.  Pretty sure I can do $50k daily, but I could be wrong.  Can't recall the last time I checked that.

Perhaps with Coinbase becoming and exchange, this will change anyway?

It might change indeed, one of the many aspects people will be keeping an eye on no doubt Smiley
legendary
Activity: 2114
Merit: 1031
I didn't realize Coinbase limits weekly.  Pretty sure I can do $50k daily, but I could be wrong.  Can't recall the last time I checked that.

Perhaps with Coinbase becoming and exchange, this will change anyway?
legendary
Activity: 1596
Merit: 1010
http://www.cryptoarticles.com/crypto-news/trucoin-takes-on-coinbase-circle-with-their-daily-us1000-bitcoin-buying-limit

Buying and selling Bitcoin in the United States is still subject to certain limits on the amount you can purchase per week. Even though companies such as Circle (US$2,500 per week) and CoinBase (US$1,000 per week if you purchase up to US$50,000; otherwise just US$100 per week). are active companies in the US markets, there is still a lot of room for competition. Trucoin is aiming to fill that gap, as their customers can now purchase up to U$1,000 in Bitcoin on a daily basis.
Jump to: