When specifying the amount of cryptocurrency you would like to exchange, minimum and maximum exchange limits provide a guideline for what amount is too much, and what amount is too little.
The minimum limit is in place to make sure your amount covers necessary network fees. Since fees may vary, the minimum limit will adjust accordingly.
Your maximum exchange limits will depend on how you verified your identity. If you are verified on Tier 1, your limits are $1000 per year. To be able to exchange up to $25,000 per day, get verified on Tier 2 by uploading identity documents. Learn more about identity verification here. With Tier 2 verification, you can trade up to $2,000 per cryptocurrency exchange, up to $25,000 per day, and up to $100,000 per year.
At this time, there is no way to increase your exchange limits after Tier 2. To ensure you stay within the exchange limits, we calculate the minimum and maximum amounts of the cryptocurrencies you are trying to exchange based on their current market price. It’s important to note that the max daily limit is calculated in a 24-hour window.
For example, if you reach your limit at 17:00, you will have to wait until 17:00 the following day to exchange again.