Buying Cryptos Deposit Limit Too Low


#1

Hi, just wondered if you could help. I’m currently buying and selling crypto currencies on the exchanges and converting them to euros on Coinbase. I then wanted to send to Revolut, change to GBP and send to my personal uk bank account, however, the deposit limit is £25,000. Can this be increased or is that my lot? - There is no option in the profile verification to supply additional ID and I cant find the answer anywhere. Many thanks


#2

I have this exact same problem. I am currently going through verification but their system seems very slow if working at all. I have huge daily amounts I want to get out of kraken but I’ve pretty much already used up my £25,000


#3

Mine asked for extra verification after I got close to my limit. Just transfer a load of funds from somewhere and it will ask for wage slips, p60, bank statements etc etc

Apparently 24 hours to process, but reading recent posts I think they have s big in the works. I’m not holding my breath for any response soon


#4

Looks like we’ve increased your limits, am I right? Let me know if you need help.


#5

Thanks, yes I have a slight increase but I expect some pre sale and ICO investments that I can’t really prove as they haven’t hit the exchanges yet and have only the fiat value I invested.

I will provide this when it starts to gain momentum and hopefully you can jncrease again.

Thanks for the help so far


#6

Glad to hear that :slight_smile: Please don’t hesitate to contact us if you have any further questions.

Have a great day.

Regards,

Andreas K


#7

Can you let me know how you get on as I didn’t get a reply to my post. I am getting in on some icos so same as you only have the fiat proof


#8

Yeah I’ll try. Must of my investments aren’t released until Q2 at the earliest and I’ll probably sit on them for a good six months. I dong think it’ll be a problem. They increased my limit based on proving my deposits and crypto funds


#9

You can find out more about this in the FAQs :wink:


#10

Me too - good luck!
Cheers