Topic: Coinbase and Circle Selling Limits? (Read 3969 times)
Best advice I could give to someone is to use Circle for Depositing, and Coinbase for withdrawals. Circle allows you to have instant deposit to your deposits without using a credit card. If you develop a history, you can even get $500 instant access right away on deposits. Coinbase however is better for withdrawing. Most of the time their withdrawals are processed within 24 hours directly to your bank account.
I have no idea about circle, however on Coinbase there is a selling limit that is based on your account status. If you have made a bitcoin purchase, fully verified your identity, linked a credit card to your account and 30 days have elapsed since your bitcoin purchase then your daily limit to both buy and sell bitcoin is $10,000. This means that you could buy 100BTC at $80, then if the price were to go up to $101 later in the day, you could sell a maximum of approximately 99.099BTC. Please note that these figures ignore any commissions that coinbase will charge you.
Interestingly, you are only able to deposit a maximum of $10,000 into the coinbase exchange per day, across both bitcoin and fiat. This means that you are only able to have a maximum of $10,000 worth of assets in the coinbase exchange at any one time. I am not sure what would happen if the value of your bitcoin would increase after purchasing bitcoin on the coinbase exchange.
You do have the ability to apply to have your trading limit increased in case the above limit is not sufficient for you. I am not exactly sure what the criteria is for them to approve this.
Interestingly, you are only able to deposit a maximum of $10,000 into the coinbase exchange per day, across both bitcoin and fiat. This means that you are only able to have a maximum of $10,000 worth of assets in the coinbase exchange at any one time. I am not sure what would happen if the value of your bitcoin would increase after purchasing bitcoin on the coinbase exchange.
You do have the ability to apply to have your trading limit increased in case the above limit is not sufficient for you. I am not exactly sure what the criteria is for them to approve this.
Can someone here confirm that there isn't any selling limits for selling btc to circle or coinbase? I have a good amount of btc that i like to sell and would prefer circle sinces there no fees at all. So if i wanted to sell say 3k worth of btc on circle should be no problem even if first time doing transfer? What about much higher amounts?
I have been with circle for more than 6 months and am running at 250$ instant limit ach transfer, 250 instant and weekly limit for credit card and a 2500 weekly limit.
Had coin base for nearly an year and the closed my account for too much buying.
Had coin base for nearly an year and the closed my account for too much buying.
I have coinbase account... no circle account. I have btc in my bitcoin wallet.
There's no limit to the amount of bitcoin one could transfer from bitcoin wallet to coinbase or circle right and vice versa?
What about selling bitcoin to coinbase and circle for ACH transfer then? I know there are buying limits for bitcoin with coinbase and circle and it depends on how long you have account with them and history but what if you have the bitcoin and want to sell it to them? Is there a weekly or monthly limit? How high does it go if you have account a long time with them?
There's no limit to the amount of bitcoin one could transfer from bitcoin wallet to coinbase or circle right and vice versa?
What about selling bitcoin to coinbase and circle for ACH transfer then? I know there are buying limits for bitcoin with coinbase and circle and it depends on how long you have account with them and history but what if you have the bitcoin and want to sell it to them? Is there a weekly or monthly limit? How high does it go if you have account a long time with them?
Jump to: