Quote from: Capitalmind on June 16, 2014, 08:33:23 PM

Thanks ChuckBuck. I'll read up on your suggestions and see the limits, account info etc. Many thanks for the suggestions.

No problem. If you find the right reputable buyer, shouldn't be any limits on LocalBitcoins.

For Coinbase, the following limits apply:

http://blog.coinbase.com/post/74631122841/a-change-in-limits-and-denominations

Quote

Soon we will be changing some of the daily buy and sell limits on Coinbase, as well as changing the way they are counted. Instead of setting limits in bitcoin, they will be set in dollars.

For example, a level 2 user will have a purchase limit of $50,000/day instead of 50 BTC. Right now thats equivalent to about 60 BTC, but as the price of bitcoin changes, the BTC equivalent will vary.

When we originally created the transfer limits on Coinbase, the price of bitcoin was much lower. A limit of 50 BTC/day in August was only equivalent to $5,000. Today, its equivalent to over $40,000.

We are also taking the time to reduce some limits that have become too high: Level 1 buy and sell. These are both being reduced to $3,000/day (equivalent to the 10 BTC/day limit when bitcoin reached $300 in early November).

Remember: If you need to buy or sell more than $3,000 USD worth of bitcoin in a day, that is still possible by upgrading to level 2 which has a $50k/day limit.

We hope these changes will make buying and selling on Coinbase an easier process for those more familiar with USD denominations, and also be a more stable solution to purchase limits as bitcoin continues to grow into the future.