What is it?
The limit helps you keep your wallet even safer. It sets a ceiling to how much you can send out of your wallet each day.
You can set the limit to whatever you like. The default is 10 ETH.
If there are addresses you trust and you don't want the limit to apply to them, you can whitelist them easily in the app. You can then make unlimited transfers each day to them.
How does it work?
Transactions that take you over your limit are delayed for 24 hours. The delay gives you time to review them and, if you don't want them to go ahead, block them by locking your wallet.
If you want to make large transfers within the 24 hour period you can accelerate them with a Guardian.
Which tokens are included in the limit?
The limit applies across tokens. We use an on-chain exchange rate to calculate the total value of the tokens being transacted.
As we need the exchange rate to calculate the limit, the limit only applies to those tokens supported by our partner exchange, Kyber Network. The list can be found here.
Changing your limit
You can change your daily transfer limit. Just go to the "Security" tab in the app and click "Daily Transfer Limit" in the menu.
Your new limit will be active in 24 hours.
We built in a 24 hour delay to prevent someone from changing it and making large transfers.