What is an unlimited address in Coinbase?

 

There is no such thing as an unlimited address in Coinbase. Coinbase limits the number of addresses that you can create for each cryptocurrency. This is to help prevent fraud and to make it easier for Coinbase to track transactions.

The number of addresses that you can create depends on the cryptocurrency and your account level. For example, you can create up to 50 addresses for Bitcoin if you have a basic account, but you can create up to 1000 addresses if you have a verified account.

If you need to create more addresses than the limit allows, you can contact Coinbase support and request an increase. However, there is no guarantee that your request will be approved.

Here are some of the reasons why Coinbase limits the number of addresses that you can create:

• To prevent fraud: Fraudsters can use multiple addresses to hide their identity or to send and receive cryptocurrency from different accounts. By limiting the number of addresses that you can create, Coinbase makes it more difficult for fraudsters to operate.
• To make it easier for Coinbase to track transactions: Coinbase uses addresses to track transactions. By limiting the number of addresses that you can create, Coinbase makes it easier for them to track transactions and to identify suspicious activity.

If you need to create more addresses than the limit allows, you can contact Coinbase support and request an increase. However, there is no guarantee that your request will be approved.