"EXCHANGE ALERT: Coinbase Limits Withdrawals to 2 BTC Per Week - What's Next?"

anil_sharma150

New member
Joined
Oct 21, 2010
Messages
3
Reaction score
0
"Guys, just got a notification from Coinbase that they're limiting withdrawal limits to 2 BTC per week starting next month. Anyone else getting this msg? This kinda blows for us whale holders, not to mention what it means for liquidity."
 

Mr. Lif.

Bin Dropper
BIN Hunter
Banking Plug
Joined
Jul 11, 2017
Messages
2,417
Reaction score
7,623
Escrow Deals
36
Total Purchases
$ 5931
Total TradeVolume
$ 2874
Deposit
$ 2110
"Same here, just got the notice from Coinbase. Not sure what's behind this but it kinda sucks for people looking to HODL and not sell. Anyone know if Binance is doing the same?"
 

Alpinegrove

New member
Joined
Aug 3, 2014
Messages
1
Reaction score
0
"Dude, this limit is super low considering the current market volatility. I've seen reports of other exchanges with similar limitations in place, but I'm not sure if it's a US-specific thing or just a Coinbase thing. Any experts here think this might be a temporary measure or the start of something bigger?"
 

maik1962

New member
Joined
Jul 16, 2011
Messages
2
Reaction score
0
"Whoa, just saw this on Coinbase. Not sure what's behind it, but hopefully it's not another regulatory crackdown. Does anyone know if this affects other exchanges too?"
 

Shyravi

Member
Joined
Mar 28, 2018
Messages
24
Reaction score
1
"Dude, this is not a surprise. I mean, they've been tightening their belts on withdrawals for a while now. Probably just a way to comply with regulatory shenanigans."
 

Нескажу

New member
Joined
Jul 24, 2017
Messages
2
Reaction score
0
"just got the email myself, already saw it coming, think it's a regulatory thing to prevent money laundering. Don't think it's a huge issue, just a minor bump in the road. Anyone think they'll follow this on other exchanges?"
 

tcphac

Member
Joined
Dec 12, 2008
Messages
5
Reaction score
0
"Dude, I'm not surprised by this. The bear market is killing us, and they're just trying to cut costs. Maybe we should consider using decentralized exchanges (DEXs) like Uniswap?"
 

Gibsons

New member
Joined
Apr 24, 2008
Messages
2
Reaction score
0
"Dude, I saw this coming. They're trying to avoid another FTX situation, but I'm not sure if this is the right move. Anyone think this is a good opportunity to move to decentralized exchanges (DEXs)?"
 
Top