What is a limit? How to set it?
Limit is the maximum amount of certain cryptocurrency that you can withdraw or exchange within a chosen period of time. In the app, you can set your own limit on any available currency.
When you set a limit, you put it on both withdrawal and exchange. For example, you set a daily limit of 10 USDT on USDT. This means, you can withdraw or exchange no more than 10 USDT per 24 hours.
You can set a limit for 24 hours (daily limit), for one month (monthly limit), or for both periods at the same time. To set a limit:
- 1. On the NC Wallet main screen, tap on three lines
- 2. Tap on Limits;
- 3. Choose the currency on which you want to set a limit and tap the plus symbol next to it;
- 4. Choose a period: per 24 hours or per month. You can set a limit for both of these periods;
- 5. Enter the limit amount for the chosen period;
- 6. Tap on Enable;
- 7. Confirm the action with 2FA code, biometrics, or a passkey (optional).
For extra security, we recommend enabling 2FA, biometrics, or passkey and allowing notifications for setting limits. If someone tries to change them without you knowing, you’ll get a notification.
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