Cryptocurrency Q&A
Why does Coinbase hold funds for so long?
Why does Coinbase hold funds for so long?
Sara
Fri Nov 29 2024
|
7
answers
1060
I've been using Coinbase for crypto transactions, but I've noticed that they often hold my funds for an extended period. I'm wondering why they do this and if there's a specific reason behind it.
7 answers
Daniela
Sun Dec 01 2024
If a user's margin maintenance falls below the required level, their funds may be temporarily unavailable.
Was this helpful?
100
91
LucyStone
Sun Dec 01 2024
Excess open orders can also be a reason for Coinbase to hold funds.
Was this helpful?
128
47
MysticRainbow
Sun Dec 01 2024
Coinbase implements a holding period for newly deposited funds, ranging from 7 to 10 days.
Was this helpful?
269
40
Michele
Sun Dec 01 2024
This measure is taken to safeguard against potential fraudulent activities.
Was this helpful?
133
94
emma_grayson_journalist
Sun Dec 01 2024
To mitigate the impact of the holding period, users can consider maintaining a balance in their Coinbase account.
Was this helpful?
203
55
Load 5 more related questions
