The easiest way to buy bitcoin is to purchase it through an online exchange like Coinbase. Coinbase makes it easy to buy, sell, send, receive, and store bitcoin without needing to hold it yourself using something called public and private keys.
Yet, how much Bitcoin can I buy on Coinbase?
Fully verified users can buy up to $50,000 worth of bitcoin per day on Coinbase, through a connected bank account via ACH bank transfer, or with a wire transfer. Coinbase sells Bitcoin at a fixed rate, which is generally very close to market price. The downside to Coinbase is the 1.49% fee per transaction.
Lastly, how do I increase my buy limit on Coinbase? To increase your buy / sell limits, you may need to complete several of the following verification steps to enable additional account features:
Even so, why can I only buy 100 Coinbase?
Coinbase account limits are determined by an algorithm which takes a variety of factors into account, including but not limited to, account age, location, transaction history, payment method, and verification steps completed. Unfortunately this means that limits can sometimes go down for customers.
Does Coinbase have a limit?
Your limits are displayed on the Account limits section of your Settings. ... For US customers, if you're 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.