Good Day to both the management of Coins and to Fellow Users. I think it is time for Coins.Ph to increase there Cash-Out limits with the lower levels namely Level 1 and 2 for reasons such as.
1. The price of Bitcoin before is 2000$ and the daily Cash out limit for Level 2 users are 50,000 PHP
2. The price of Bitcoin right now is above 4100$ which is more than double, but still the Cash Out Limit is 50,000 PHP and an Annual Limit of 400,000 PHP
I think it is more than just to change or increase the limits because of the price of Bitcoin has now. It also helps people who is having a hard time getting that Level 3 verification process you have in your wallet. I hope that you listen to our request as it is just a simple one on making our lives better.
I hope that other users agree with me. God Bless.
Hi, it's Pem from Coins.ph!
Thank you for the feedback! We really appreciate that you took the time to share your ideas on how we can improve our account verification. The different levels try to balance ease of use for customers and security/compliance provisions. We'd be happy to review this, and if there would be any changes in our policies, we'll definitely update our users. Also, feel free to reach out to our team at [email protected]. We'd be happy to guide you through the level 3 verification process.