SoFi sets minimum and maximum limits on crypto transfers to ensure account security and regulatory compliance. These limits vary based on the specific asset, your account history, and SoFi’s risk evaluation.
- Minimum Limits: Each transfer must meet a minimum threshold to cover network fees and ensure the blockchain can process the transaction.
- Maximum Limits: Daily and per-transaction limits are in place to protect your funds. If you need to send an amount exceeding your daily limit, you may need to complete the transfer over multiple days.
- ACH Holds: Crypto purchased with recently deposited funds (ACH) cannot be withdrawn until the initial deposit has fully cleared.
- Checking Your Limit: Use the Max button on the withdrawal screen to automatically calculate your maximum sendable balance, minus the required network fee.
Member Tip: Your available balance for withdrawals may be different from your total crypto balance due to pending deposits or active Under Review transfers. Always check the Available to Send amount in the app.