PANews reported on October 10th that Coinbase CEO Brian Armstrong announced on the X platform that the company will begin testing a $5,000 limit for all crypto debit card customers starting October 14th. The company also plans to deploy tiered transaction limits of up to $10,000 (and possibly $100,000) for low-risk users by the middle of next year. It is reported that the Coinbase crypto debit card currently has a limit of US$2,500. Some users reported that the limit was insufficient. Brian Armstrong then collected community opinions and made the above update.PANews reported on October 10th that Coinbase CEO Brian Armstrong announced on the X platform that the company will begin testing a $5,000 limit for all crypto debit card customers starting October 14th. The company also plans to deploy tiered transaction limits of up to $10,000 (and possibly $100,000) for low-risk users by the middle of next year. It is reported that the Coinbase crypto debit card currently has a limit of US$2,500. Some users reported that the limit was insufficient. Brian Armstrong then collected community opinions and made the above update.
Coinbase Plans to Increase Its Crypto Debit Card Limits and Implement Tiered Transaction Limits
PANews reported on October 10th that Coinbase CEO Brian Armstrong announced on the X platform that the company will begin testing a $5,000 limit for all crypto debit card customers starting October 14th. The company also plans to deploy tiered transaction limits of up to $10,000 (and possibly $100,000) for low-risk users by the middle of next year.
It is reported that the Coinbase crypto debit card currently has a limit of US$2,500. Some users reported that the limit was insufficient. Brian Armstrong then collected community opinions and made the above update.
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