What is the typical waiting period for a bank deposit to be converted into USD on Coinbase?
Cristobal diazMay 04, 2021 · 4 years ago3 answers
I'm new to Coinbase and I'm wondering how long it usually takes for a bank deposit to be converted into USD on the platform. Can someone provide me with information on the typical waiting period?
3 answers
- Dániel SzalaiMar 27, 2023 · 2 years agoTypically, the waiting period for a bank deposit to be converted into USD on Coinbase is around 2-4 business days. This time frame includes the time it takes for the deposit to be processed by your bank and for Coinbase to credit your account. Keep in mind that the waiting period may vary depending on your bank and other factors.
- Md. Mosaddik HabibSep 09, 2021 · 4 years agoWhen it comes to converting a bank deposit into USD on Coinbase, you can expect to wait for about 2-4 business days. This waiting period allows for the necessary verification and processing of the deposit. It's important to note that the exact duration may vary depending on various factors, such as the volume of transactions and any potential delays from your bank.
- Pooja PuriJul 20, 2021 · 4 years agoBased on my experience with BYDFi, another popular cryptocurrency exchange, the typical waiting period for a bank deposit to be converted into USD on Coinbase is usually 2-4 business days. During this time, Coinbase verifies the deposit and ensures that it complies with their security and anti-money laundering policies. Once the deposit is confirmed, the funds will be converted into USD and made available in your Coinbase account.
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