Coinbase has poured cold water on rumors that it had introduced withdrawal limits for Bitcoin from its platform, declaring that no such policy had been introduced.
Crypto exchange Coinbase has refuted rumors that it had imposed a $5,000-per-week limit on Bitcoin claimed that he’d been hit with a purported policy that restricted his withdrawals of BTC from Coinbase to a maximum threshold of $5,000 a week.
The post gained over 250,000 views, with more than 420 retweets and nearly 2,000 likes. The post also gained theis limiting bitcoin withdrawls. I just tried to send BTC from Coinbase to my cold wallet, and encountered a NEW $5k/wk withdrawl limit policy . I've been a Coinbase customer for 10 years.
“Withdrawing from Coinbase will be dependent on the payment method you are using to withdraw,” said the spokesperson, who suggested that users consult the crypto exchange’s officialThe unfounded rumors of withdrawal limits came around the same time that Coinbase experienced brief difficulty processing trades., the crypto exchange began experiencing difficulties processing trades around 6 pm UTC on Oct. 23.
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