Quote from: Dhrugtest on Today at 11:11:14 AM

Quote from: OmegaStarScream on August 14, 2023, 09:30:24 AM

As mentioned above, your limits will depend on KYC (and other factors): https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/limits-and-account-levels

This applies to all centralized exchanges though and not just Coinbase (maybe different amounts, but the limits are always there).

This is true. I had to do more kyc for to be able to use p2p on Binance

KYC is a must in Binance especially if you're using P2P. Binance is the only intermediary, that's why they have to make sure that both senders funds are safe. If ever there's a problem about the number of tokens/coins that is being sent by the seller, the sender must confirm first before it will be able to transfer. And if there's any problem that both of receiver and sender cannot fix, that's the time Binance will join to fix it. Generally, we must be KYC approved to maximize the use of the CEX.