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Rewrite account limits
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boldsuck committed Nov 24, 2024
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7 changes: 3 additions & 4 deletions docs/the-project/account_limits.md
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Expand Up @@ -17,7 +17,7 @@ Account signing only applies to payment accounts that are subject to chargeback

## Account aging

Account age is not used to determine trade size limits for payment methods. It is still measured, however, and you can see a payment account's age in the offer book before taking an offer, but we caution against using it as a measure of integrity. Older accounts are not **necessarily** safer.
Account age is not used to determine trade size limits for payment methods. However, it is measured, and you can see a payment account's age in the offer book before taking an offer, but we caution against using it as a measure of integrity. Older accounts are not **necessarily** safer.

![Account age in Offer book](../resources/img/haveno-ui/account-age_light.png)
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Expand Down Expand Up @@ -79,7 +79,6 @@ Payment accounts that require signing cannot buy more than 3 XMR until 30 days *
To sign your account you have to buy XMR following these requirements:

- trade amount is greater than or equal to 0.1 XMR and lesser than or equal to 3 XMR
- offer must be in a market that requires signing (USD, EUR, CAD, GBP, AUD, BRL)
- seller's account must have been signed for over 30 days at the time of the signing trade

Through taking an offer you can make sure that the offer fulfils the requirements to sign your account. Making an offer could not sign your account, because taker could be unable to sign your account (signed since less than 30 days, or unsigned).
Expand All @@ -91,7 +90,7 @@ The Haveno interface makes it easy to determine if an offer can help you get sig
Top offers won't get you signed. Bottom offers will get you signed.
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In the image above, the offer on top does not have a check mark, but the offer on the bottom does. And it's a valid size (i.e., between 0.1 XMR and 3 XMR), so taking that offer and successfully completing the trade will result in a signed account.
In the image above, the offers on top do not have a check mark, but the offers on the bottom do. And it's a valid size (i.e. between 0.1 XMR and 3 XMR), so taking that offer and successfully completing the trade will result in a signed account.

You can see your payment account's limits and signing status at <br>
`Accounts` > `Traditional Currency Accounts` Pick an account and look toward the bottom:
Expand All @@ -101,7 +100,7 @@ You can see your payment account's limits and signing status at <br>

### 2. With your own signed account

Once you have 1 signed payment account, any new payment account you create that requires signing will be self-signed as long as it uses the **exact same name** as your previously signed account. The payment account can be of a different type (e.g. a signed SEPA account can self-sign a SEPA Instant account), but a payment account created with a name that is even slightly different will not be self-signed.
Once you have 1 signed payment account, any **new** payment account you create that requires signing will be self-signed as long as it uses the **exact same name** as your previously signed account. The payment account can be of a different type (e.g. a signed SEPA account can self-sign a SEPA Instant account), but a payment account created with a name that is even slightly different will not be self-signed.

Payment account types that don't require your full name cannot be self-signed (e.g. Revolut, which only requires an email address) and they cannot self-sign other payment accounts.

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