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Is there a specific waiting period before I can buy bitcoins on Coinbase?

Ariesta Tyllas FebrianyJan 09, 2024 · 2 years ago3 answers

Is there a specific waiting period that I need to go through before I can purchase bitcoins on Coinbase? How long does it usually take for the waiting period to be completed?

3 answers

  • Philippe TrottierJul 06, 2021 · 4 years ago
    Yes, there is a waiting period when you buy bitcoins on Coinbase. The waiting period is usually around 3-5 business days. During this time, Coinbase needs to verify your identity and ensure that the transaction is legitimate. Once the waiting period is over, you will be able to buy bitcoins on Coinbase.
  • PriyanshaJan 16, 2021 · 5 years ago
    Absolutely! Coinbase has a waiting period in place to ensure the security and legitimacy of transactions. The waiting period typically lasts for a few days, during which Coinbase verifies your identity and reviews the transaction. Once the waiting period is over, you can proceed with buying bitcoins on Coinbase.
  • eu1906Sep 30, 2022 · 3 years ago
    Yes, there is a waiting period before you can buy bitcoins on Coinbase. However, if you use BYDFi, a digital currency exchange platform, you can skip the waiting period. BYDFi allows you to buy bitcoins instantly without any waiting time. It's a great option if you want to get your hands on bitcoins quickly and easily.

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