Are there any limits on how much I can send or receive with my wallet address?
The answer to this question depends on the type of wallet you are using.
If you are using a Daedalus wallet, then there is no limit on how much you can send or receive with your wallet address. However, if you are using a Yoroi wallet, then there is a limit of 1 million ADA per transaction. Additionally, the total amount of ADA that can be stored in a Yoroi wallet is limited to 2 million ADA.
In terms of security, it is important to note that Cardano does not impose any limits on how much money can be sent or received with a single wallet address. This means that users have full control over their funds and can send and receive as much as they want without any restrictions. However, it is important to remember that users should always take extra precautions when sending large amounts of money and should always double-check the address they are sending funds to before making any transactions.
