Coinbase Debunks Bitcoin Withdrawal Limits: No Weekly Cap in Sight

Coinbase Debunks Bitcoin Withdrawal Limits: No Weekly Cap in Sight

A Coinbase user has been warning traders on the X platform that the publicly traded company is limiting Bitcoin (BTC) withdrawals.
A Coinbase spokesperson has debunked this claim in spite of the exchanges facing technical hiccups on October 23.
As Bitcoin (BTC) breaks above $34,000 following a more than 10 percent surge in the last 24 hours, a part of the community is seemingly looking to stop the rally in its stride. A crypto trader going by the name @thecolinbrown on the X platform (formerly Twitter) has warned that Coinbase is limiting Bitcoin (BTC) withdrawals on its platform. According to his claim, Coinbase has implemented a policy that is limiting him to a maximum of $5,000 a week. He further called on users of the exchange to withdraw their coins to protect themselves.
This is a huge accusation on one of the leading crypto exchanges and the only publicly listed crypto exchange in the world. With this accusation coming in the wake of the FTX crypto exchange collapse; a case that

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