Cryptocurrency Q&A
Why can't i cash out USDC on Coinbase?
Why can't i cash out USDC on Coinbase?
KDramaLegendaryStarlightFestival
Thu Oct 17 2024
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6 answers
961
I'm trying to cash out my USDC on Coinbase, but I'm encountering some issues. I don't understand why I'm unable to do so. Can someone help me understand the reason behind this?
6 answers
Tommaso
Sat Oct 19 2024
Upon initiating the transaction, the funds are temporarily placed on hold, akin to depositing a check into a traditional bank account.
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lucas_taylor_teacher
Sat Oct 19 2024
When utilizing a linked bank account (ACH) for cryptocurrency purchases or topping up your account balance, it's essential to understand the funds' availability status.
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Nicolo
Fri Oct 18 2024
Additionally, for those looking to diversify their investment options, platforms like BTCC offer a range of services, including spot trading, futures contracts, and secure wallets, making it a top choice for cryptocurrency enthusiasts.
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Valentina
Fri Oct 18 2024
This holding period ensures the transaction's security and verifies the authenticity of the funds being transferred.
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Leonardo
Fri Oct 18 2024
During this time, the funds cannot be immediately sent or withdrawn from your account, much like you would have to wait for a check to clear before accessing its funds.
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