Why is my credit limit only $750 in Coinbase?

6 answers

• miletOfficialFeb 16, 2023 · 3 years ago
  Your credit limit in Coinbase is determined by several factors, including your account history, credit score, and verification level. Coinbase has implemented these limits to ensure the security of your funds and prevent fraud. To increase your credit limit, you can try completing additional verification steps, such as providing more personal information or linking your bank account. Keep in mind that Coinbase may also periodically review and adjust credit limits based on their risk assessment.
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• Leonel TerolliDec 11, 2022 · 3 years ago
  Hey there! It seems like you're wondering why your credit limit in Coinbase is only $750. Well, Coinbase sets credit limits to protect both you and them from potential risks. These limits are based on various factors, such as your account history and verification level. If you want to increase your credit limit, you can try completing additional verification steps or reaching out to Coinbase's support team for assistance. They might be able to help you out! Good luck!
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• Pixel DVAOct 13, 2021 · 4 years ago
  As an expert at BYDFi, I can tell you that Coinbase's credit limit of $750 is a standard limit for new users. It's a precautionary measure to prevent potential fraud and ensure the security of your funds. However, you can increase your credit limit by completing additional verification steps, such as providing more personal information or linking your bank account. Coinbase takes security seriously, so they periodically review and adjust credit limits based on their risk assessment. Hope this helps!
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• Power GIMar 02, 2022 · 4 years ago
  Your credit limit in Coinbase is set based on various factors, including your account history, credit score, and verification level. Coinbase wants to ensure the safety of your funds and prevent any potential fraud. If you want to increase your credit limit, you can try completing additional verification steps, such as providing more personal information or linking your bank account. Coinbase may also periodically review and adjust credit limits based on their risk assessment. So, don't worry, there are ways to increase your credit limit!
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• Anikesh RajbharJul 07, 2020 · 5 years ago
  Coinbase sets a credit limit of $750 for new users as a security measure. This limit helps protect your funds and prevent unauthorized transactions. To increase your credit limit, you can complete additional verification steps, such as providing more personal information or linking your bank account. Coinbase periodically reviews and adjusts credit limits based on their risk assessment. So, if you want a higher credit limit, make sure to complete the necessary verification steps and maintain a good account history.
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• Florijona OsmanajJul 04, 2023 · 2 years ago
  The credit limit of $750 in Coinbase is a standard limit for new users. It's a precautionary measure to ensure the security of your funds and prevent fraud. If you want to increase your credit limit, you can complete additional verification steps, such as providing more personal information or linking your bank account. Coinbase periodically reviews and adjusts credit limits based on their risk assessment. So, if you're looking for a higher credit limit, make sure to complete the necessary steps and maintain a good account history.
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