Why does Coinbase say limit reached?

Location is another critical aspect that affects account limits. Different regions have varying regulations and risk profiles, which influence the level of service provided by Coinbase. Users in certain areas may face stricter limits due to regulatory requirements or higher perceived risks.

Coinbase account limits are assigned through a sophisticated algorithm. This system evaluates numerous criteria to ensure the security and reliability of each user's account.

One of the key factors considered by the algorithm is account age. Newer accounts may have lower limits compared to those that have been active for a longer duration. This helps in gradually building trust and allowing users to increase their transaction capacity over time.

Transaction history is also taken into account when determining account limits. Users with a consistent and positive transaction record are likely to have higher limits. This reflects their ability to handle larger transactions responsibly.

The payment method used for deposits and withdrawals can also influence account limits. Some payment methods may offer higher security and convenience, leading to increased limits. Coinbase evaluates each payment method based on its risk profile and reliability.