Note from the CEO: You talked and we listened. That’s what Coinbase did after a long period of time and frustration by users. Daily limits on buy/sell have given way to weekly limits. Guess they got ‘disrupted’.
“Coinbase remains one of the most popular Bitcoin exchange platforms to date. The introduction of new weekly buy and sell limits on the platform is an interesting change. In doing so, the company is moving away from their daily limits, which annoyed a lot of people. After a very long period, this change has now gone live……….
Just because the Coinbase limits are changing from daily to weekly, does not mean users will have unrestricted access to buying or selling Bitcoin all of a sudden. On the buy side, there is still a US$10,000 weekly limit, or a US$2,00 instant limit. Users can lift these thresholds by purchasing more cryptocurrency, as was to be expected.”