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 level 1 to level 2, 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.
If you wish to buy or sell even larger amounts, you can obtain ''Level 3'' status by providing proof of the origin of the funds and filling out a questionnaire.
The daily limit is €5,000 per credit card. Per year, there is no purchase limit subject to proof of source of funds.