Quote:
Originally Posted by FishyMe
Anyone know how long it takes for Circle to increase withdrawal limits from $300 to $3k or whatever it is now? I submitted a request but was told I just have to keep using the service and it'll happen automatically.
Does this mean if your limit is $300 only, then there is no point of sending a lot of bitcoin to your circle account because you can only withdraw $300 at once to your bank? For example if you wanted to transfer around $3000 worth of bitcoin to your circle account, then doing that would be pointless because you would have $2700 worth of btc stuck in circle until the next week until you could do another $300 transfer etc?
Or with the $300 limit, u cant even transfer more than $300 worth of bitcoin to circle?
I did one btc transfer from electrum to circle for a bit less than 300 then did the ach transfer to my bank and my limits are still 300. Has anyone gotten their 300 dollar limit increased faster and if so does anyone know how?