How Bitkub Calculates Daily Cryptocurrency Withdrawal Limits

Modified on Fri, 2 May at 6:55 PM

The daily cryptocurrency withdrawal limit of an account may differ depending on 2 main factors: 

  • Your approved THB deposit/withdrawal daily limit
  • The token price


Below is how Bitkub Exchange calculates the daily coin withdrawal limit.


Calculation Method

Your approved THB daily limit ÷ The closing rate of a certain token on the day before on the Bitkub platform.


Example of ABC token withdrawal limit calculation:

50,000,000 ÷ 1,070,000 = 46.72 ABC
Thus, you can make a coin withdrawal value of up to 46.72 ABC on that day.

 

How to Check the Closing Rate

  • To check the closing rate of a certain token, please visit https://www.bitkub.com/th/market.
  • Select the token you wish to check.
  • Change the timeframe to 1D (1 day).
  • Move the cursor to the day before today.
  • Refer to the graph “Open (O), High (H), Low (L), Close (C)” and observe the C (Closing rate).


An example of the closing rate of USDT

 

In case you wish to increase your daily limit, you can apply for level 2 verification (for more details, click here), or log in to your account, visit the level page at https://bitkub.com/en/account/level, and click the “INCREASE LIMIT” button as shown in the screenshot below to proceed further.



Remark

Your daily withdrawal limit is subject to change depending on the current criteria of KYC assessment, and the company's policy for risk prevention and management for our users at the time e.g. mule account management measures, etc. In case you would like to increase your daily limit, you are welcome to apply for a custom limit change. For questions and inquiries, please feel free to contact Bitkub Support.


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