Coinbase started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin so it shouldn't come as a surprise that approximately 56 million verified users, 8,000 institutions, and 134,000 ecosystem partners in over 100 countries trust Coinbase to easily and securely invest, spend, save, earn, and use crypto.
How Often Can I Buy And Sell Crypto On Coinbase?
Like on any other cryptocurrency exchange platform, you will need to verify your account and change limits to increase your account level. Account levels can unlock additional features within your Coinbase account, including sending and receiving cryptocurrency. Some features may require additional document verification or information provided by you to verify your identity.
Purchase or deposit limits are determined by many factors, including verification completed on your account, your purchase history, your payment type and more.
- Your limits are displayed on the Account limits section of your Settings.
Looking at the above screenshot, you can see that a verified level 2 Coinbase account, can withdraw €20,000/day using PayPal and that such an account can buy cryptocurrencies for €7,500/week using a credit- or debit card.
For US customers, if you are looking to deposit more than the maximum $25,000 a day ACH limit, one option is to complete a wire transfer from your bank account to your Coinbase account. You can view instructions for how to wire funds here.
What About Withdrawal Limits?
In general, Coinbase does not limit how much crypto you can sell to your Coinbase fiat wallet (USD, GBP, EUR etc). Withdrawing from Coinbase will be dependent on the payment method you are using to withdraw. For Coinbase Pro users, you can view your Coinbase Pro limits here.
How Do I Increase My Account Level?
You can see your current level and how to increase it by heading to the Account limits section of your Settings. Depending on your current level, you can follow these quick steps to increase your account level:
- Verify phone number.
- Verify personal information.
- Verify photo ID (valid state ID for US customers).
What Countries Can Use Coinbase?
Coinbase is available in 100+ countries but certain countries only have the ability to convert funds into alternative currencies while others can purchase and/or sell currencies. Location also has a large impact on the varieties of payment methods that are accepted in order to perform these transactions.
- North America: Conversion capabilities are available in 18 North American countries, but full capabilities and payment methods can be completed in the United States and Canada. You cannot sell in Mexico but converting and buying are available.
- South America: You can convert in 8 South American countries but buying is also available by credit or debit card in Chile.
- Europe: You can use Coinbase in 39 European countries, with most offering converting, buying, and selling with a variety of payment methods.
- Asia: 20 Asian countries are supported with converting capabilities. Singapore is the only country that offers additional features, where you can buy cryptocurrencies with credit or debit card.
- Oceania: You can convert in New Zealand with Coinbase.
- Africa: Coinbase is available in 13 African countries, and the only feature available is converting.
You can see the complete list of countries that are supported by Coinbase and their levels of capabilities and payment methods here.
North America and most of Europe have the greatest capabilities in using the platform for converting, buying and selling cryptocurrencies. European countries have the widest variety of accepted payment methods.
For information about taxes, reports, financial services, privacy, security and other topics you should take a look at the Coinbase Help section.