Each account level entails a limit, this level can be increased given that the necessary documentation is readily available.
Your account is a level 1 account by default once we have received a valid ID and selfie.
This level allows you to purchase crypto-assets by bank card with a limit of 1,000€ and a 5,000€ limit by SEPA transfer.
A level 1 account isn’t able to sell assets that weren’t purchased on Coinhouse. To do so, you will need to increase your account level to level 2.
To increase your limits and account level, you must first connect yourself to your Coinhouse account. You can then click on the “Your Profile” tab and then on “Your levels”. You will then be able to send us the required documents.
To increase your account level to level 2, you will need to provide us with valid proof of residence.
Per day you can invest up to 2,000€ by bank card and 10,000€ per SEPA transfer.
The yearly investment limit is 10,000€ for a level 2 account.
To further increase your limits you can obtain a level 3 account by providing us with a document proving the source of your funds as well as by filling in a client form. Once these documents have been validated your account will have personalized limits applied to it.
Once you have reached level 3, personalized limits are applied to your account. To further modify these limits you can provide us with more recent documentation proving you have the necessary funds to invest even more.