Cryptocurrency Q&A
Why does Coinbase take 7 days?
Why does Coinbase take 7 days?
Martina
Thu Nov 28 2024
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6 answers
1651
I'm trying to understand why Coinbase needs 7 days to process my transaction. It seems like a long time compared to other platforms. Is there a specific reason for this delay?
6 answers
Federico
Sat Nov 30 2024
Coinbase often retains funds due to a specific clearing period for deposited money.
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Eleonora
Sat Nov 30 2024
This period is a standard procedure that the company follows for security and verification purposes.
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Alessandro
Sat Nov 30 2024
When users deposit local currency or any other fiat into an empty Coinbase account, they should anticipate a waiting time.
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Federico
Sat Nov 30 2024
The waiting time for the payment to clear can be as long as ten days.
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BusanBeautyBlooming
Fri Nov 29 2024
During this period, the deposited funds are held and not available for withdrawal.
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