Does Novi have transaction or balance limits?

Yes. To help keep Novi safe, we limit how much digital currency you can add, send, hold, or withdraw. Note: These limits may change without notice.

Novi Transaction and Balance Limits

Limit Type	Description	Max in USDP
Transaction Size	Maximum amount you can send or receive using your Novi account in any single transaction	300 USDP
Daily Send	Maximum amount you can send or receive using your Novi account in total in any 24-hour period	1,000 USDP
Monthly Send/Receive	Maximum amount you can send and receive using your Novi account in a calendar month (progress toward this limit resets at the beginning of each calendar month)	10,000 USDP
Daily Add*	Maximum amount you can add to your Novi account in a 24-hour period (digital currency purchased using your selected payment method)	2,500 USDP
Daily Withdrawal*	Maximum amount you can withdraw from your Novi account in a 24-hour period (digital currency converted into your local currency and transferred to your bank account or picked up as cash)	2,500 USDP
Maximum Balance*	Maximum amount you can hold in your Novi account at any time	1,000 USDP

Updated: October 19, 2021

*You may be wondering: How can I add or withdraw up to 2,500 USDP in a 24-hour period, but only hold 1,000 USDP in my Novi account? For example, you may add 1,000 USDP and send 1,000 USDP, then add 500 USDP and withdraw 500 USDP, then add 1,000 USDP and withdraw 1,000 USDP in a 24-hour period. Your account never held more than 1,000 USDP, and you added 2,500 USDP, withdrew 1,500 USDP and sent 1,000 USDP in a 24-hour period.

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Exchange rates and currencies shown are for illustrative purposes only. Novi and the Novi logo are trademarks owned by Facebook, Inc. Other names and brands may be claimed as the property of others.