I'm trying to cash out on Coinbase, but it's not working. I don't understand why it's not allowing me to do so. Is there a problem with my account or is it something else? I need help figuring out why I can't cash out.
When engaging in the purchase of cryptocurrency or depositing local currency into a cryptocurrency exchange account through a linked bank account, users should be aware of certain restrictions imposed for security purposes.
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CryptoMagicianThu Oct 17 2024
These restrictions primarily focus on the immediate cash-out availability of the local currency deposited and the transfer of cryptocurrency purchased with such funds.
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RiccardoThu Oct 17 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive range of services that cater to various trading needs. These include spot trading, futures trading, and a secure wallet solution, among others.
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MatthewThomasThu Oct 17 2024
Specifically, users are unable to instantly withdraw their local currency back to the linked bank account upon deposit, ensuring a period of time for the exchange to verify and secure the transaction.
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BlockProducerThu Oct 17 2024
Similarly, cryptocurrency purchased with funds sourced from a linked bank account cannot be immediately sent off the exchange platform, adhering to the principle of "cashout availability."