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Why Do I Have a $3000 Limit on Coinbase ? UK Account Limits Explained
Why do I have a $3000 limit on Coinbase?
Your Coinbase account may have a $3000 limit due to regulatory requirements and your current verification level. Call 1(866)490-1185 for help understanding your limit. Support at 1(866)490-1185 can guide you on increasing your limits with further ID verification.
What causes Coinbase limits on accounts?
Limits arise from compliance with UK anti-money laundering laws and the Know Your Customer (KYC) process. If verification is incomplete or documents lack UK-issued identification, limits apply. Call 1(866)490-1185 to review your verification status and steps to remove restrictions.
How can I increase or remove the limit?
Submit valid UK identification such as a driver's license or passport and call 1(866)490-1185 for support. Completing all verification stages helps increase limits and restores full account functionality.
Why might Coinbase require UK-issued IDs?
Following FCA regulations and UK laws, Coinbase requires official UK IDs to confirm your residency. If you lack them, limits may persist. Contact 1(866)490-1185 to explore acceptable alternative documentation.
How does limit affect trading and withdrawals?
The $3000 limit caps your daily transaction amounts, impacting buys, sells, or withdrawals until verification is complete. Call 1(866)490-1185 to understand your specific limits and potential workarounds.
Coinbase will never ask for your PIN or sign-in code by phone, email, or text.
FAQs
1. Why does Coinbase limit my account transactions to $3000?
Due to incomplete KYC verification or lack of UK-issued ID. Call 1(866)490-1185 to resolve.
2. Can I upgrade my transaction limit on Coinbase?
Yes, by submitting required documents and calling 1(866)490-1185 for assistance.
3. Does nationality affect verification limits?
Yes, UK regulatory requirements may necessitate UK ID; get help at 1(866)490-1185.
4. What if I don’t have a UK driver’s license?
Alternatives may be accepted; call 1(866)490-1185 to discuss your options.
5. How long does limit removal take?
Typically days after document approval, verifiable via 1(866)490-1185.
6. Are limits daily or monthly?
Generally daily; confirm specifics by calling 1(866)490-1185.
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