How does Coinsource determine the daily limit for cryptocurrency transactions?

3 answers

• tmeechMay 28, 2024 · a year ago
  Coinsource determines the daily limit for cryptocurrency transactions based on various factors. These factors include the user's account verification level, transaction history, and the overall liquidity of the platform. By considering these factors, Coinsource aims to ensure the security and stability of its platform while also preventing any potential misuse or illegal activities.
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• Jennings GadeMay 15, 2022 · 3 years ago
  The daily limit for cryptocurrency transactions on Coinsource is determined by a combination of factors. These factors include the user's account type, transaction volume, and the current market conditions. Coinsource regularly reviews and adjusts the daily limit to accommodate the needs of its users while maintaining the integrity of its platform.
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• Mohd Ajaz Mohd AjazJun 05, 2021 · 4 years ago
  Coinsource sets the daily limit for cryptocurrency transactions by analyzing the user's account activity and transaction history. They take into account factors such as the user's identity verification status, transaction frequency, and the overall market conditions. By doing so, Coinsource aims to strike a balance between providing a convenient user experience and ensuring the security of its platform.
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