What is the duration of Coinbase funds on hold?

3 answers

• Mathias MadsenDec 13, 2020 · 5 years ago
  Sure! When you deposit funds into your Coinbase account, they may be placed on hold for a certain period of time. The duration of the hold depends on various factors, such as your account history, transaction volume, and the source of the funds. Typically, the hold lasts for a few business days. During this time, you won't be able to withdraw or use the funds. This hold is a security measure to prevent fraudulent activities and ensure the safety of your funds. Once the hold is lifted, you can freely use your funds on Coinbase.
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• Alfa OmegaJul 17, 2020 · 5 years ago
  Coinbase holds funds for a specific duration to ensure the security and integrity of their platform. The duration of the hold can vary depending on the circumstances. It is important to note that this hold is not unique to Coinbase and is a common practice among many reputable exchanges. It helps mitigate the risk of unauthorized transactions and protects users from potential fraud. If you have any specific concerns about the duration of the hold, I recommend reaching out to Coinbase's customer support for further clarification.
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• Benjamin JosephAug 04, 2020 · 5 years ago
  As an expert in the digital currency industry, I can tell you that Coinbase typically holds funds for a few business days. This duration allows them to conduct necessary security checks and verify the legitimacy of the funds. It's important to understand that this hold is in place to protect both Coinbase and its users. By holding funds for a short period, Coinbase can detect and prevent any suspicious activities, ensuring a safer trading environment for everyone. If you have any further questions about Coinbase or any other exchange, feel free to ask!
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