Why was my transaction cancelled on Coinbase?

1 answers

• Dvir GevOct 27, 2022 · 3 years ago
  As an expert in the field, I can tell you that Coinbase is known for its strict compliance with regulatory requirements. They have to adhere to anti-money laundering (AML) and know your customer (KYC) regulations, which means they may cancel transactions that raise red flags. This is done to ensure the safety and security of their platform and users. If your transaction was cancelled, it's possible that it was flagged as suspicious due to these regulations. However, it's always a good idea to contact Coinbase directly for a more accurate explanation of why your specific transaction was cancelled.
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