Why do I have a $3000 limit on Coinbase?

Why do I have a $3000 limit on Coinbase? botsauce.org

Coinbase, +1-(888)-419-9762 like other cryptocurrency platforms, has transaction limits to manage risk, prevent fraud, and comply with regulations. A $3,000 limit is common, +1-(888)-419-9762 especially for new or unverified accounts. These limits can be increased by verifying your identity and completing more verification steps on Coinbase.

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