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partyboy Jan 16, 2021 @ 2:53am
Why is there a steam wallet limit of $2k
When there are single items over 10 times that amount :steamfacepalm:
つ ◕_◕ ༽つ Raise steam wallet limit or riot つ ◕_◕ ༽つ
I'm stuck at the cap :steamthumbsdown:

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cSg|mc-Hotsauce Jan 16, 2021 @ 2:57am 
Originally posted by partyboy:
Why is there a steam wallet limit of $2k

When there are single items over 10 times that amount :steamfacepalm:
つ ◕_◕ ༽つ Raise steam wallet limit or riot つ ◕_◕ ༽つ
I'm stuck at the cap :steamthumbsdown:

There is no item that is over $20,000 on the Market.

Be happy they raised the wallet limit to $2,000 a few years ago.

Now...

https://support.steampowered.com/kb_article.php?ref=6088-udxm-7214#restrictions

Before...

What kind of Steam Wallet and item listing restrictions apply?

Currently we are restricting Steam Wallet balances to $500. We also limit the maximum price of a single listing on the market to $400. You will be restricted from listing items for sale in the Community Market if the existing balance in your Steam Wallet, plus the sale price of the item(s), would together exceed the $500 limit. We may be raising the Steam Wallet balance limit, or otherwise changing this restriction, in the future. Note that, if you have multiple accounts, balances for all Steam Wallets associated with all of your accounts will be aggregated for purposes of applying this limit.

https://web.archive.org/web/20170223100046/https://support.steampowered.com/kb_article.php?ref=6088-udxm-7214

:qr:
Last edited by cSg|mc-Hotsauce; Jan 16, 2021 @ 3:00am
partyboy Jan 16, 2021 @ 5:49am 
Originally posted by cSg|mc-Hotsauce:
There is no item that is over $20,000 on the Market.
Only because it's over the steam wallet cap obviously, or else there would be is what I'm saying. It's silly that some items are valued that much but the wallet limit is a tenth of that
м Jan 16, 2021 @ 6:22am 
just "park" your money in keys or something else if the wallet is full, like the other people.

i think for the average steam user, $2000 limit are really enough, that's why it probably won't be raised anytime soon.
Last edited by м; Jan 16, 2021 @ 6:22am
crunchyfrog Jan 16, 2021 @ 7:59am 
I admit I'm guessing here, but I wouldn't be surprised if this is related somewhat to the recent changes about taxation (namely the addition of a payment with address on your account).

If you could accrue a large balance of money then that could either be suspicious of money laundering or tax avoidance.

So manybe they want to keep things simpler to avoid that.
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Date Posted: Jan 16, 2021 @ 2:53am
Posts: 4