Metamask has a weekly limit.

Metamask is a digital wallet that allows users to store and manage their Ethereum cryptocurrency. The wallet has a weekly limit of $500, which can be increased by verified users.

Metamask imposes weekly transaction limits

on accounts

Metamask imposes a limit of weekly transactions for all accounts. This limit prevents you from making too many transactions in a short period of time, to avoid being penalized.

Metamask sets new weekly transaction limits

Metamask set a new transaction limit for its users on Wednesday, Oct. 3. The new limit is 5,000 ERC-20 tokens per week.

The move comes as Metamask works to address concerns about scalability and security raised by its users. The company has also increased its fee for transactions above the new limit.

“We want to make sure that everyone has an opportunity to use Metamask, but we also need to make sure that the network remains reliable and secure,” Metamask CEO Joseph Lubin said in a statement. “We’ve decided to set a new, higher transaction limit to help prevent spam and protect the network. We’ll continue to work on making Metamask the best possible platform for Ethereum and other blockchain applications.”

The average daily transaction volume on the Ethereum network is around $200 million.

Metamask's new weekly transaction limits

MetaMask's new weekly transaction limits will help to prevent malicious actors from conducting large-scale transactions. Transactions that exceed these limits will be prevented from being processed and will be returned to the sender.

Metamask updates weekly transaction limits

MetaMask updates its transaction limit every Sunday at 12:00 PM GMT. This limits the number of transactions you can make in a 24-hour period.

Metamask's updated weekly transaction limits

This is a summary of the updated weekly transaction limits for Metamask.

For ETH, there is now a limit of 2,000 transactions per day.

For ERC20 tokens, there is now a limit of 500 transactions per day.

For ERC721 tokens, there is now a limit of 30 transactions per day.

Metamask to update weekly transaction limits

To update your transaction limits on Metamask, open the app and go to Settings. On the left side of the screen, under "Advanced," scroll down to "Transactions." There you'll find a row with the name of your account and a number in parentheses next to it. To increase your transaction limit, click on the number and enter a higher number. To decrease your transaction limit, click on the number and enter a lower number.

Metamask changing weekly transaction limits

I am having trouble figuring out how to change the weekly transaction limits that are set in my MetaMask account. I have read through the documentation but I am not sure how to do it.

To change your weekly transaction limit, go to the MetaMask settings page and click on the "Transactions" tab. Under "Transactions per week," you will see a slider that you can use to adjust the limit.

Metamask to change weekly transaction limits

If you want to change the weekly transaction limits for your Metamask account, you can do so by visiting the Metamask menu in the top left corner of your browser and selecting Settings. In the Settings page, scroll down to the Transactions section and click on the Limit button. You can then input the new weekly limit in the text field next to Limit.

Metamask will change weekly transaction limits

This is false. The transaction limit for ETH and ERC20 tokens will remain the same.

Metamask's changes to weekly transaction limits

On July 9, 2019, we released a new update to our Metamask product which limits the number of transactions you can make per week. This limit applies to all accounts with Metamask installed, including personal and enterprise accounts.

This limit is designed to help protect you from potential financial losses caused by large transaction volumes. We understand that this may be disruptive for some users, and we apologize for the inconvenience. We hope that this change will help to improve the security and stability of Metamask.