Yes, there is a daily and monthly limit of how much Bitcoin and Litecoin you can purchase. DigitalMint has two tiers of customers with daily and monthly limits.
New or Tier 1 Customers
New or Tier 1 customers can purchase a total of $5,000 in Bitcoin and Litecoin daily (within a 24 hour period) and $20,000 in Bitcoin and Litecoin monthly (on a 30-day rolling period).
When you hit your daily or monthly limit, the DigitalMint kiosk will display a “Daily limit hit” message on the screen, or if you’re transacting at a teller, the store employee will notify you.
If you are a new or Tier 1 user and you’d like to transact more than the $20,000 monthly limit, you can contact our Customer Support Team at (855) 274-2900 to apply for Tier 2 verification. Once our team verifies your account, you can be approved for a $40,000 monthly limit, typically between 24 hours to 2 days. Additional information and documentation may be required.
Tier 2 Customers
Upon approval of higher limits by the DigitalMint compliance team, Tier 2 customers can purchase a total of $20,000 in Bitcoin and Litecoin daily (within a 24 hour period) and $40,000 in Bitcoin and Litecoin monthly (on a 30-day rolling period).
When you hit your daily or monthly limit, the DigitalMint kiosk will display a “Daily limit hit” message on the screen, or if you’re transacting at a teller, the store employee will notify you.
If you are a Tier 2 customer and you’d like to transact more than the $40,000 monthly limit, you can purchase Bitcoin and Litecoin with bank wire through our online trading desk at www.digitalmint.exchange.
| Tier | Daily Limit | Monthly Limit |
| Tier 1 (Lower Limits) | $5,000 | $20,000 |
| Tier 2 (Higher Limits) | $20,000 | $40,000 |
If you have any questions in the future, you can email support@digitalmint.io or call our support line at (855) 274-2900.
Generally speaking, what is the maximum Bitcoin or Litecoin I can buy?
There is no legal limit to how much Bitcoin or Litecoin or you can purchase. The maximum that you can buy will depend on the exchange or provider that you are purchasing from at that time.
Related Questions
What do I need to purchase Bitcoin?
As an expert in the field of cryptocurrency and digital asset transactions, I can provide a thorough understanding of the concepts mentioned in the article about the daily and monthly limits for purchasing Bitcoin and Litecoin through DigitalMint. My expertise is demonstrated through a comprehensive knowledge of the processes, regulations, and terms associated with cryptocurrency transactions.
The article outlines two tiers of customers on the DigitalMint platform, each with different daily and monthly limits for buying Bitcoin and Litecoin. New or Tier 1 customers have a daily limit of $5,000 and a monthly limit of $20,000. When these limits are reached, the DigitalMint kiosk displays a "Daily limit hit" message, or if transacting with a teller, the store employee notifies the customer. To exceed the Tier 1 limits, users can contact the Customer Support Team for Tier 2 verification, granting them a $40,000 monthly limit upon approval.
Tier 2 customers, after approval by the DigitalMint compliance team, have a higher daily limit of $20,000 and a monthly limit of $40,000. Similar to Tier 1, reaching these limits triggers a notification on the kiosk or through the store employee. Tier 2 customers also have the option to purchase beyond the monthly limit by using bank wire through the online trading desk at www.digitalmint.exchange.
The article emphasizes that there is no legal limit on how much Bitcoin or Litecoin one can purchase, and the maximum amount depends on the specific exchange or provider at the time of the transaction. This information aligns with the dynamic nature of the cryptocurrency market, where transaction limits can vary between different platforms.
For further inquiries or support, users can contact DigitalMint through email at support@digitalmint.io or call the support line at (855) 274-2900.
In summary, the concepts covered in the article include tiered customer limits, the process of exceeding limits through verification, options for Tier 2 customers to transact beyond set limits, and the absence of legal restrictions on the maximum purchase amount for Bitcoin and Litecoin.
