What is the maximum amount of BTC you can transfer to a wallet per day? Is there any limitation? - Page 2 - Bitcoin - CryptoTalk.Org Jump to content
Brushless4500KV

What is the maximum amount of BTC you can transfer to a wallet per day? Is there any limitation?

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There is no limitation if you are using bitcoin wallet, I've seen many transaction sending millions of dollars and they pay low transaction fee... but in the exchange there is limitation, you should pass the KYC in order to send big amount of bitcoins.


 

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It depends on wallet that you are using. sometimes it depends on your kyc verification.example like my wallet i can only make a transaction of less than $1000 per day.if i exceed I won't be able to transfer the balance.

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6 hours ago, Shahadatbd said:

Bitcoin doesn't force you to transfer for a limited amount you can hold or send any amount of Bitcoin. That is totally the digital currency which is increasing our money. So you can easily transfer your money and

Yes, there is no limit if you send from your wallet to another wallet. But you can't do this in some exchange. You have to pass the KYC process to remove the limitation.

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I think there is not limit of amount of btc to transfer to your wallet. But there is some wallets like spectro coin where if you want to transfer more than 5 btc then transaction will be manually for safety purposes. 

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On 12/12/2019 at 4:11 AM, Shahadatbd said:

No there are no limitations. You can transfer any type of amount from your wallet to another wallet. But if you want to sent from any exchange then they had a limitation for 24 hours transection limit.

Xame here rightly said earlier there are no restrictions on transferring a certain amounts to a wallet of your choice there is actually no limitations at all

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Yes, Takween will facilitate a lot of things in the near future and will be relied on for almost everything. I believe that all companies will accept it in the future.

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i don't know what is the maximum amount of btc you can transfer to withdraw it but i know that some wallets have limitations and some don't have. but they will warn you if you cant transfer anymore if you have reached their limit.

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On 12/11/2019 at 10:41 PM, Brushless4500KV said:

One of the biggest problems with digital fiat payment processors (like PayPal and Skrill) is that the maximum amount of money you can send to someone else's account is limited per day. This causes problems. For example, you can't pay for the price of a car because the amount is high and they will suspect you and may even block your account temporarily. I thought that maybe Bitcoin has solved this problem and can be used for transferring large amounts of money in a day. I know that sending 6 digit numbers by Bitcoin network takes a lot of time before miners validate transaction and complete confirmations. I only want to know if this is possible or not because if you can send or receive large amounts of money in a day by Bitcoin, this is considered a significant advantage over fiat currency and can help many businesses and corporations which have a problem with money transfer. What are the lowest and highest amounts of money that can be sent by Bitcoin every 24 hours?

Last one month I send bitcoin to another wallet  four times . That means every week I transfer bitcoin only one time and I didn’t transfer bitcoin everyday. About $500 dollars wroth of bitcoin  I transfer to another wallet only some withdraw fee.   

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There is any limited to send or recive any amount of bitcoin from wallet to anther . But some exchange make maximum withdraw limited 2 bTC if you not complete KYC.

Edited by ammarfares

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Yes, but confirmation. I think that this is possible. You can send any amount of formations from any wallet to any other wallet. The time depends on the type of wallet you use. It can or will arrive in the same second.

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Almost exchanges limit is 2 BTC but if you complete the KYC than you can transfer the coins limit will be increased and you will get almost the 100BTC coins limit per day and i think this is so much huge amount for us.


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Yes, there's effectively a limit on the rate of new transactions. Right now, each new block in the chain must be 1MB or smaller. This limit is hard-coded into Bitcoin. ... Transactions “compete” with each other by offering fees, in order to be included in the limited space available in the blockchain.
 

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If we use a centralized wallet, we need to have KIC and this is one of the main problems in the crypto currency world.  With good Bitcoin, we have no limit to transferring Bitcoin to another wallet here, especially if using a decentralized wallet.

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On 2/17/2020 at 4:20 AM, yupi84goro said:

I disagree with your opinion, because according to the information I got. Every exchange and wallet has a maximum limit and at least related to the transfer of funds. Usually a day is limited to 100 BTC, it must also verify KYC in order to do so. Because for the prevention of illegal activities.

I also see limitation in exchanges but there are some exceptions too. I have come across some exchanges in which they say if the limit is not enough for you, you can send a ticket and ask for higher amounts to be transferred. I think they deal with higher amounts manually and check your identity first before accepting larger values than 100 BTC. Only a few websites do this for their registered members. Most websites only support a few BTCs.

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Your article is great. It seems that Bitcoin also solves the problem of large transfers and not just small transfers. When we use Bitcoin we enjoy complete freedom with our money and do not need to take permission from anyone to convert it to another currency or transfer it to another place, thank you Satoshi Nakamoto for this unique invention.

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I may not be an expert in this, as I don't have a lot of bitcoins, and I have never sent more than 1 btc, But I think it depends on which wallets you are transferring. If you have a blockchain wallet, you can transfer any amount you want, but if your wallet is with some exchange which require KYC, they will put limitation based on their KYC rules, however if you upload your KYC, those wallets too are practically limitless. 

Edited by babaji

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hmm, I think there are no limits, you can safely deposit money into your wallet without fear of being limited, I only send many times with small bitcoins, I have not tried sending large bitcoins.

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I do not have much experience with this type of transfer but my only information about it is that there is no maximum limit but there is a minimum transfer including transfer fees so this fee should be taken into consideration


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Yes, BTC has a huge advantage, as I said, and you will not find it difficult to transfer because there is no ceiling, as I said, compared to the real money, which causes you problems with security. So originally, bitcoin was originally invented


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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I don't think there is any maximum amount of bitcoin you can transfer to a wallet. I've seen transactions of thousands of bitcoins so surely there is no maximum 

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I have no proper experience in crypto currency, but I can't heard any where,  but I think there is no limits in bitcoin transaction, we send all our bitcoins in any other accounts, but some exchange need do kyc to send bitcoins, because they have some restrictions so they need kyc.


 

   

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Everyone know every business organization has some rules for doing business transactions it means every crypto market exchanges gaves us some kyc levels as much as we complete more kyc then our daily deposits and withdraw limit increased.

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On 12/11/2019 at 7:41 PM, Brushless4500KV said:

One of the biggest problems with digital fiat payment processors (like PayPal and Skrill) is that the maximum amount of money you can send to someone else's account is limited per day. This causes problems. For example, you can't pay for the price of a car because the amount is high and they will suspect you and may even block your account temporarily. I thought that maybe Bitcoin has solved this problem and can be used for transferring large amounts of money in a day. I know that sending 6 digit numbers by Bitcoin network takes a lot of time before miners validate transaction and complete confirmations. I only want to know if this is possible or not because if you can send or receive large amounts of money in a day by Bitcoin, this is considered a significant advantage over fiat currency and can help many businesses and corporations which have a problem with money transfer. What are the lowest and highest amounts of money that can be sent by Bitcoin every 24 hours?

Hello my friend, I think the answer to your question is not the same because it differs depending on the exchanges that you are registered with, for example most of the exchanges allow you to withdraw 2BTC per day if you do not activate your account through KYC and if you want to withdraw more than this amount you have to activate Via KYC.

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35 minutes ago, Crypto123 said:

Hello my friend, I think the answer to your question is not the same because it differs depending on the exchanges that you are registered with, for example most of the exchanges allow you to withdraw 2BTC per day if you do not activate your account through KYC and if you want to withdraw more than this amount you have to activate Via KYC.

Yes, different exchanges vary in terms of maximum and minimum money transfer threshold. But even if you complete KYC verification, there are still some limitations because the rules of money laundering don't let anyone to transfer large amounts per day. You can transfer the price of a house in fiat banks by issuing cheques but such thing doesn't exist in crypto world. I want to know how we can solve this problem safely and legally. Limited reserve for some currencies in some exchanges is another factor that limits the maximum amount of money you can transfer.

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There's actually no limit on how much you can send to another users, as the its the wallet's policy if transactions which might hinder on how much bitcoin you can send daily as some wallets might be of $1000 daily

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