What are the limits for ACH transfers in the context of digital currencies?
Abel DerejeSep 15, 2022 · 3 years ago3 answers
In the context of digital currencies, what are the limits for ACH transfers? How much can be transferred using ACH? Are there any restrictions or regulations?
3 answers
- Christoph ReckingerJun 30, 2021 · 4 years agoACH transfers in the context of digital currencies typically have limits set by the respective digital currency exchange or platform. These limits can vary depending on factors such as the user's account verification level, transaction history, and the specific digital currency being transferred. It is important to check the terms and conditions of the exchange or platform to understand the specific limits for ACH transfers. Some exchanges may have daily, weekly, or monthly limits, while others may have tiered limits based on account verification. It is advisable to contact the exchange's customer support for more information on ACH transfer limits.
- krushna kadamNov 17, 2021 · 4 years agoWhen it comes to ACH transfers in the context of digital currencies, the limits can vary from one platform to another. Some platforms may have higher limits for verified accounts, while others may have lower limits for unverified accounts. Additionally, there may be restrictions on the amount of digital currency that can be transferred in a single transaction. It is important to review the platform's terms and conditions or contact their customer support to understand the specific limits for ACH transfers.
- Langballe EllisonJun 27, 2024 · a year agoAt BYDFi, a popular digital currency exchange, the limits for ACH transfers are based on the user's account verification level. For unverified accounts, the daily limit for ACH transfers is $1,000. Once an account is verified, the daily limit increases to $10,000. These limits are subject to change and it is recommended to check the latest information on the BYDFi website or contact their customer support for the most accurate and up-to-date limits.
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