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Circle has bitcoin sending limit - 3k$ per week

Sat Nov 21, 2015 7:57 am

Circle now has a bitcoin sending limit (of $3000). They cite some US travel rule.

Rather disturbing -- and obviously it should not be used as a wallet.

I still find it useful as a way to sell bitcoin. . .I wonder if Coinbase will follow suit.

There's a decent proportion of the population that want to move big amounts of money around often -- but I guess Circle is not trying to cater to those people.
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CryptAxe
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Re: Circle has bitcoin sending limit - 3k$ per week

Sat Nov 21, 2015 10:11 am

Coinbase has already done similar for unverified accounts, does this rule at Circle effect verified accounts? Sorry I don't have a Circle account so I'm not sure how they do verification
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Re: Circle has bitcoin sending limit - 3k$ per week

Sat Nov 21, 2015 3:49 pm

Yes it's 300$ for unverified accounts I believe.
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