Cryptocurrency exchange Bitget has introduced withdrawal limits for P2P users to comply with platform rules and local authorities' requirements. These restrictions apply to both regular users and merchants, providing clear boundaries for daily, weekly, and monthly transactions.
Bitget's New Implementation
Bitget has set purchase and sale limits for cryptocurrency using fiat. These measures will help users follow established rules and ensure a secure trading environment.
Details of the Limits
Limits for users and merchants are set as follows: a daily purchase limit of 3,000,000, with no sales restrictions; weekly and monthly purchase limits of 30,000,000. Daily limits apply from 0:00 to 24:00 (UTC+8). Weekly limits reset every Monday at 0:00 (UTC+8), and monthly are on a rolling 30-day basis.
Regulatory Compliance
These measures align with Bitget's commitment to adhere to all applicable regulations, ensuring user comfort and security in the rapidly evolving cryptocurrency landscape.
Thus, the introduction of withdrawal limits is a vital step in ensuring compliance with regulatory requirements and protecting user interests in the ever-evolving cryptocurrency sphere.
