This article covers the following:
- Standard daily trading limits
- When does my daily trading limit reset?
- Can I increase my daily trading limit for cryptocurrencies?
- What is the daily trading limit for my Xfers's wallet?
Upon verification, you will be allotted a daily trading limit which applies to a combined and/or individual transaction (both buying & selling) of any cryptocurrency within a 24-hour time frame.
Users are given the following daily trading Limits - which applies to a combined and/or individual transaction (both buying & selling) of any cryptocurrency within a 24-hour time frame - upon completion of our Identity Verification:
- SGD users - S$30,000 within a 24-hour timeframe
- MYR users - RM90,000 within a 24-hour timeframe
- IDR users - Rp1,000,000,000 within a 24-hour timeframe
Your daily trading limit lasts for 24 hours from your first transaction of any cryptocurrency.
Eg. If you bought/sold S$x amount of Bitcoin at 14:00hrs on 4th October 2017, you will only be allowed to make further purchases and/or sales of cryptocurrencies of up to S$(30000-x) till 14:00hrs on 5th October 2017.
Yes, users may request for changes to their daily trading limits.
Our daily trading limits are evaluated on a case by case basis based on the user's income level and are to ensure that you have a pleasant trading experience with Coinhako.
To increase your daily trading limit, kindly complete the income verification request at this page.
For tips on how to get your income verified, you can refer to this page.
Daily trading limit on Coinhako will remain the same, however, do take note of the daily spending limit while using your Xfers Wallet. Kindly refer to this page for more information.
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