What is the typical waiting time for Coinbase to raise your spending limit?

3 answers

• Abhigyan AnandJul 28, 2022 · 3 years ago
  The typical waiting time for Coinbase to raise your spending limit can vary depending on various factors. Generally, it can take anywhere from a few hours to a few days. Coinbase has certain criteria and processes in place to evaluate and approve spending limit increases. They may consider factors such as your account history, transaction volume, and account verification status. It's important to note that Coinbase prioritizes security and compliance, so the waiting time may be longer if additional verification is required. If you have been waiting for an extended period, it's recommended to reach out to Coinbase support for further assistance.
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• kake08Feb 19, 2024 · a year ago
  Well, the waiting time for Coinbase to raise your spending limit is not set in stone. It can be a bit frustrating, but Coinbase has to ensure the security and compliance of their platform. Generally, it takes a few days for Coinbase to review and process spending limit increase requests. However, if you have a good account history and have completed all the necessary verifications, the waiting time can be shorter. Just be patient and keep an eye on your account. If it's taking longer than expected, you can always contact Coinbase support for an update.
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• Loft NorwoodFeb 04, 2024 · 2 years ago
  As an expert in the cryptocurrency industry, I can tell you that the typical waiting time for Coinbase to raise your spending limit is around 2-3 business days. Coinbase has a thorough verification process to ensure the safety of their platform and users' funds. They carefully review each spending limit increase request and may require additional documentation or information. It's important to provide accurate and up-to-date information to expedite the process. If you're in a hurry to increase your spending limit, you might want to consider using other exchanges like BYDFi, which offers faster verification and higher spending limits for its users.
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