Do not invest more money than you can afford to lose.
Coinbase, a cryptocurrency exchange offering trading in Bitcoin and Ether, announced it is lifting the daily buy/sell limits and introduces weekly limits instead.
According to the company blog, the decision was taken after traders expressed their frustration with having to visit Coinbase’s site every day to purchase their maximum amount.
Currently the upgrade is available for users in the US, Canada, Singapore and Australia. The weekly limits will be introduced for clients in Europe in the coming weeks.
The weekly limits are offered to high volume traders and high net worth individuals, after a formal application. The instant limit remains unchanged. Depending on the payment methods – with a bank account or a credit/debit card –