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Blockchain Wallet - Fees, Levels and Daily Limits

1. Fees

If you are buying/selling Bitcoin through your Blockchain Wallet, the fees displayed below will apply to your orders. 


Buying Bitcoin with Card - 3,0%
Buying Bitcoin with Bank - 0,25%
Selling Bitcoin - 0,25%


!Please Note: 

2. Levels

Level 1

Not applicable for Blockchain customers. To buy and sell Bitcoin through Coinify from your Blockchain wallet, first, you have to complete an Identity Verification with Blockchain.

To advance to level 2 you have to go through an identity verification process which requires uploading an identity document such as a passport, national ID or driver’s license and you can do this directly from your Blockchain Wallet.

Level 2

Once your identity has been verified with Blockchain you can start buying and selling and using both of the payment methods available with Coinify - Buy With Bank Transfer/ Buy With Credit/Debit Card.

To upgrade your account to Level 3 you will have to reach a total of at least €1,000 bank (buy OR sell) orders completed and wait 14 days security delay. During the 14 days security delay, you will be able to trade as normal still having the Level 2 daily limits.

Level 3

!Please Note:  Advancing to level 3 will increase your buy order limit for bank transfers and Card orders but there will be no changes on Sell Orders limits.


*daily = 24 hrs cycle. For example, if you have reached your daily limit at 17:00 in the afternoon, you will have to wait until the next day at 17:00 until your limit is reset.


3. Daily Limits

Take a look at the table below to see the daily limits depending on the trader's level:





Level
Buy with Card
Buy with Bank Order
Sell Bitcoin
Level 1

Min. Order Amount
NOT AVAILABLE
NOT AVAILABLE
NOT AVAILABLE
Max. Daily Purchase Limit
NOT AVAILABLE
NOT AVAILABLE
 NOT AVAILABLE
Level 2

Min. Order Amount
50 €
100 €
100 €
Max. Daily Purchase Limit
800 €
*100€ for your first order
3,000 €
10,000 €
Level 3

Min. Order Amount
50 €
100 €
100 €
Max. Daily Purchase
Limit
3000 €
10,000 €
10,000 €


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Published Date = 08/08/2018
Last Updated Date = 13/06/2019
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