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How Bitkub Calculates Daily Cryptocurrency Withdrawal Limits

Modified on Thu, 9 May at 2:55 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 last closing rate of a certain token 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 Last Closing Rate

  • To check the last closing rate of a certain coin, please visit https://www.bitkub.com/th/market.
  • Select the coin 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 (Last closing rate).

image (3).png

An example of the last closing rate of the USDT coin

 

In case you wish to increase your daily limit, you can proceed to complete the 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 “INCREASE LIMIT” button as shown in the screenshot below to proceed further.


Screen_Shot_2564-07-15_at_11.13.34.png

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