What's the withdrawl and deposit limits on poloniex?

doedz

hero member

Activity: 1106

Merit: 502

Quote from: lestat2k7 on February 08, 2018, 06:48:40 PM

Thanks guys I just signed up so now trying to submit an id, having webcam issues.

But after this goes through I thought the limit will be 25k. Beyond that I heard you need an interview? Their support was good they replied next day.

I wonder if the verification is fast though.

Wow ... very surprising, maybe this is a new rule.
I do not do that, even bittrex does not require an interview. just send the latest ID and Photo. for my biitrex it only takes a couple of days.

lestat2k7

newbie

Activity: 68

Merit: 0

Thanks guys I just signed up so now trying to submit an id, having webcam issues.

But after this goes through I thought the limit will be 25k. Beyond that I heard you need an interview? Their support was good they replied next day.

I wonder if the verification is fast though.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: lestat2k7 on February 08, 2018, 01:21:10 PM

Hi,

I saw that it says $25000, but does it mean if the current value of the coins you withdraw cant exceed 25k in a single day? Because I will need to transfer coins from bittrex and poloniex back and forth when I need and 25k seems very low.

Your account must be level 3 verified, so the limit is $25k worth of crypto withdrawal per day. if you need higher limits then you should do the "enhanced verification" by contacting their support, the support is slow though (it's not just poloniex but every exchange site).

Quote from: lestat2k7 on February 08, 2018, 01:21:10 PM

What's the limit on bittrex? I don't seem to get any issues when I am withdrawing big amounts. One time it warned me saying it's a lot but then adjusting the amount to lower worked and I was still able to withdraw more after. I assume they also account for deposits so putting more coins back increases your limit again?

Thanks in advance.

Bittrex has 100 BTC daily withdrawal limit for "enhanced verified" accounts.

cindygirl

full member

Activity: 280

Merit: 105

Quote from: lestat2k7 on February 08, 2018, 01:21:10 PM

Hi,

I saw that it says $25000, but does it mean if the current value of the coins you withdraw cant exceed 25k in a single day? Because I will need to transfer coins from bittrex and poloniex back and forth when I need and 25k seems very low.

What's the limit on bittrex? I don't seem to get any issues when I am withdrawing big amounts. One time it warned me saying it's a lot but then adjusting the amount to lower worked and I was still able to withdraw more after. I assume they also account for deposits so putting more coins back increases your limit again?

Thanks in advance.

You need to complete KYC to increase your limit, it is so they are in compliance with the law. If you complete KYC your limit will be much higher. It is the same with bittrex, in fact I think their initial limit is lower. (could be wrong here)

To my understanding deposits have no influence on withdrawal limit.

lestat2k7

newbie

Activity: 68

Merit: 0

Hi,

I saw that it says $25000, but does it mean if the current value of the coins you withdraw cant exceed 25k in a single day? Because I will need to transfer coins from bittrex and poloniex back and forth when I need and 25k seems very low.

What's the limit on bittrex? I don't seem to get any issues when I am withdrawing big amounts. One time it warned me saying it's a lot but then adjusting the amount to lower worked and I was still able to withdraw more after. I assume they also account for deposits so putting more coins back increases your limit again?

Thanks in advance.

Topic: What's the withdrawl and deposit limits on poloniex? (Read 90 times)