itBit prioritizes security with bitcoin withdrawal limits increased for 2FA-enabled clients

itBit Trust Company, LLC, the operators of the first US regulated bitcoin exchange and OTC desk announced this week that effective as of October 5, 2017, withdrawal limits for all itBit accounts with two-factor authentication (2FA) enabled were increased to $30,000 daily and $600,000 monthly.

The limits apply to the combined USD value of fiat and BTC withdrawals. Clients are able to request even higher limits by submitting additional withdrawal limit increase forms. Any clients that already have higher withdrawal limits in place will retain those limits.

Accounts that do not have 2FA enabled will have their withdrawal limits remain at $2,500 daily and $15,000 monthly. Clients can enable 2FA at any time simply by logging in to their itBit account and going to the Settings page to then add a security device.