how to increase coinbase wallet limit

To enhance account security and facilitate larger transactions, users can increase their Coinbase wallet limits by completing KYC verification, providing additional documents, and enabling account access features such as 2-Step Verification.

Nov 03, 2024 at 08:03 pm

How to Increase Coinbase Wallet Limit

Coinbase, a reputable cryptocurrency exchange, imposes limits on the amount of crypto assets users can buy, sell, send, or receive. While these limits enhance security and prevent fraud, they can be inconvenient for users who need to move larger amounts of crypto. Here's a step-by-step guide on how to increase your Coinbase wallet limit:

Step 1: Verify Your Identity
a. Provide your full legal name and address
b. Upload a government-issued ID, such as a passport or driver's license

Step 2: Link Your Bank Account or Debit/Credit Card
a. Connect your bank account using Plaid or manually enter your bank details
b. Add a debit/credit card and provide the necessary information

Step 3: Verify Your Phone Number
a. Enter your phone number and receive a text message with a verification code
b. Input the code to complete the verification process

Step 4: Enable Account Access
a. Activate 2-Step Verification (2SV) for enhanced security
b. Authorized other devices to access your Coinbase account

Step 5: Submit Support Ticket
a. Go to Coinbase's official support website
b. Create a support ticket under the "Limits" category
c. Explain your request and provide any supporting documentation

Step 6: Provide Verification Documents
a. Upload additional documentation to support your request
b. This may include proof of income, employment, or residence

Step 7: Wait for Approval
a. Coinbase will review your request and verify the information you provided
b. The approval process can take several days or weeks

Note:

• The exact limits you can increase depend on your verification level and your trading history.
• Coinbase may require additional information or documentation to process your request.
• The approval process can vary in duration based on Coinbase's workload and current regulations.