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Withdrawing funds from your Coinbase account — whether that’s cryptocurrency to an external wallet or fiat to your bank — is a core part of managing your digital assets. However, many users encounter Coinbase daily withdrawal limits, which can sometimes feel restrictive if you’re trying to move large amounts. Fortunately, Coinbase provides several ways to increase your daily withdrawal limit so you can access more of your funds when needed. This guide walks you through why limits exist, how they work, and practical steps to raise them.
✔ Avoid sudden large transactions before verification: Coinbase’s systems may flag abrupt changes.
✔ Stay compliant with all policies: Following Coinbase’s terms reduces the chance of holds or restrictions.
What Are Daily Withdrawal Limits on Coinbase?
Coinbase applies daily withdrawal limits to protect users and comply with financial regulations. These limits cap the amount you can withdraw in a 24-hour period, whether it’s crypto transfers to another wallet or fiat withdrawals to a bank account. The exact amount depends on a mix of factors including your verification level, account history, and the kinds of payment methods you use.Why Limits Can Be Restrictive
New Coinbase accounts or those with incomplete verification often start with conservative limits. For example, unverified or partially verified users may see relatively low withdrawal ceilings — sometimes around a few thousand dollars per day. As you complete more verification steps and build transaction history, Coinbase may automatically increase limits to accommodate larger withdrawals.Step-by-Step: How to Increase Your Daily Withdrawal Limit
Here are concrete actions you can take to raise your daily withdrawal limits on Coinbase:1. Complete Full Identity Verification
One of the most effective ways to raise your limit is to fully verify your identity with Coinbase. This usually means uploading clear copies of:- A government-issued photo ID (passport, driver’s license, etc.)
- Proof of address (such as a utility bill or bank statement)
- Verifying your phone number and email
2. Link and Verify a Bank Account
Connecting a verified bank account enhances your ability to withdraw fiat currency and can raise your limits. Bank accounts verified via ACH, SEPA, or wire transfers are seen as secure methods for moving funds, and Coinbase treats verified banks as a sign of reliability.3. Enable Two-Factor Authentication (2FA)
Adding two-factor authentication to your account strengthens security. Coinbase values enhanced security features, and enabling 2FA can contribute to higher withdrawal limits by demonstrating that your account is well protected.4. Build a History of Responsible Transactions
Using your account regularly — buying, selling, depositing, and withdrawing funds responsibly — can help Coinbase’s system view you as a low-risk user. Over time, this can lead to automatic limit increases as the platform’s risk algorithms detect a strong account history.5. Apply for a Manual Limit Increase (Coinbase Exchange)
If you’re a Coinbase Exchange user and need significantly higher withdrawal limits, you can formally request an increase:- Log in to Coinbase Exchange and go to your profile’s Limits page.
- Locate the section to request a higher limit.
- Provide the desired daily total withdrawal amount.
- Explain the reason you need higher limits (e.g., business needs or tax payments).
What Happens After You Apply?
After submitting a limit increase request or completing verification steps, Coinbase typically reviews your profile and may approve the changes within a few days. If your request is denied, you’ll usually receive an email explaining the decision — and you might need to provide additional documentation or wait until your account history further improves.Tips for a Successful Limit Increase
✔ Be thorough with documentation: Ensure your IDs and proofs of address are clear and up to date.✔ Avoid sudden large transactions before verification: Coinbase’s systems may flag abrupt changes.
✔ Stay compliant with all policies: Following Coinbase’s terms reduces the chance of holds or restrictions.