Coinbase Denies Imposing $5,000 Weekly Bitcoin Withdrawal Cap Amid Social Media Storm

Coinbase, a renowned cryptocurrency exchange, has dismissed circulating chatter suggesting the imposition of a $5,000 weekly Bitcoin withdrawal cap. This move to clarify comes after a post on X (the platform previously known as Twitter) took the social media scene by storm. On October 24, an X user uploaded a post alleging that a new policy at Coinbase hampered him from withdrawing more than $5,000 of Bitcoin each week. This post quickly caught fire, racking up an impressive over 250,000 views and drawing interactions in the form of nearly 2,000 likes and over 420 shares. Among those...

source: https://tokenpost.com/Coinbase-Clears-the-Air-on-Bitcoin-Withdrawal-Limit-Misinformation-10868

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Published by: Book Club
Source: NewsService