Each type of account has a different limit, prior to additional documentation, being provided.
When you create an account on Coinhouse and submit a selfie with your ID and a written note, you open a Start Account.
The latter enables users to buy up to 250€ worth of cryptoassets by bank card through Coinhouse, as well as 2000€ by SEPA transfer.
Start accounts are active for 6 months only, after which you can upgrade to a Blue account by submitting an ID and proof of residency.
To upgrade from Start to Blue, simply submit an ID and proof of residency.
Blue users are theoretically not subject to any limits as so long as they provide Coinhouse with the required documents are provided by users.
Prior to these documents, Blue users can buy up 2 000€ by bank card and sell up to 5 000€ per day. Coinhouse has the right to lower this limit depending on the origin of the cryptoassets that are sold.
Additional documentation will be asked when the 10 000€ investment threshold is reached. Selling operations for assets purchased through Coinhouse are not taken into account.
Any Blue user that buys up to 10 000€ and sells up to 5 000€ over a 12 months period must provide documentation on the origin of the funds invested, as well as fill in a client form. Once these have been validated, the client’s limits increase.
Coinhouse Premium status is available to all, upon validation by Coinhouse's Compliance department, by paying the 349€* annual fee.
Premimum users are subject to, prior to additional documentation being provided, a daily limit of 5000€ transactions by bank card.
Premium status is catered for clients who wish to carry out higher volumes of transactions, and who benefit from tailored services that come alongside the Premium offer, such a a privileged client relationship with an account manager and greatly reduced commissions.
The 10 000€ treshold for buying and 5000€ for selling applies equally for both Blue and Premium users.