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what is the limit for trust wallet
Trust Wallet enforces transaction limits on sending, receiving, and holding cryptocurrencies, varying based on user verification status and the specific cryptocurrency involved, prioritizing security and compliance.
Nov 02, 2024 at 03:08 am
Trust Wallet Transaction Limits
Trust Wallet, a popular mobile cryptocurrency wallet, imposes limits on the amount of cryptocurrency that users can send, receive, and hold within the wallet. These limits are implemented for security and regulatory compliance purposes and may vary depending on the type of cryptocurrency and the user's verification status.
Sending Limits
- Unverified Users:
- Maximum send limit: 5 BTC per day
- Verified Plus Users (Level 2):
- Maximum send limit: 100 BTC per day
Receiving Limits
- Unverified Users:
- Unlimited receiving limit
- Verified Plus Users (Level 2):
- Unlimited receiving limit
Holding Limits
- Unverified Users:
- Maximum holding limit: 250 ETH
- Verified Plus Users (Level 2):
- Maximum holding limit: 5,000 ETH
Verification Requirements
To increase transaction and holding limits, users must complete Trust Wallet's verification process, which involves providing personal information and submitting government-issued identification.
Additional Notes
- These limits are subject to change and may be updated by Trust Wallet at any time.
- Users may be able to increase their limits by contacting Trust Wallet support.
- It is recommended to use a strong password and two-factor authentication to enhance wallet security.
- Trust Wallet recommends storing large amounts of cryptocurrency in a secure hardware wallet.
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