Account limits better explination

VMS500
New Community Member

I find the information regarding limitations very very vauge and confusing.

I understand that an unverified account will have limits put on it eg $1000 balance or limited sending or recieving amounts etc like maybe a couple of hundred dollars? BUT Is this limit daily? per transation, per week? perminant?

So if I work out that I have a sending limit of $300 and I have $600 in my balance that I want to send, am I able to do that in two transactions? do I have to split it over several days or $300 one week then $300 the next.

 

Please, i need some help asap?

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