Cryptocurrency Q&A Why does Coinbase have $250 limit?

Why does Coinbase have $250 limit?

BonsaiGrace BonsaiGrace Tue May 14 2024 | 7 answers 1246
Could you elaborate on why Coinbase has imposed a $250 limit? I'm genuinely curious about the rationale behind this decision. Is it a security measure to protect users from potential fraud or unauthorized transactions? Or perhaps it's a way to regulate the flow of funds and maintain stability within the platform? Understanding these reasons could help users make more informed decisions when using Coinbase. Could you please shed some light on this matter? Why does Coinbase have $250 limit?

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