Are there any limits on how much money can be transferred at once when using a wallet connected to an exchange platform such as Coinbase or Binance ?
The answer to this question depends on the exchange platform you are using.
Generally, exchanges have their own limits on how much money can be transferred at once. For example, Coinbase has a maximum of $25,000 per day and $50,000 per month for verified customers. Binance has a maximum of 2 BTC per day and 100 BTC per month for unverified customers.
When using a wallet connected to an exchange platform such as Coinbase or Binance, the limit is usually determined by the exchange itself. However, some wallets may have their own limits as well. For example, NEM's NanoWallet has a limit of 10 million XEM (NEM's native cryptocurrency) per transaction.
It is important to note that these limits may vary depending on the exchange platform and wallet you are using. Therefore, it is best to check with your exchange or wallet provider before making any large transfers.
