Cryptocurrency Q&A
How long does it take for Coinbase to receive funds?
How long does it take for Coinbase to receive funds?
KatanaBladed
Sun Dec 01 2024
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6 answers
1308
I'm wondering about the duration it takes for Coinbase to receive funds. I want to know the approximate time it takes for the funds to reflect in my Coinbase account after I make a transfer.
6 answers
charlotte_wright_coder
Tue Dec 03 2024
Upon initiating an ACH transfer, the deposit amount is promptly reflected in your account balance. This immediate credit allows you to utilize the funds for trading or other purposes within the platform.
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DongdaemunTrendsetterStyleIcon
Tue Dec 03 2024
However, despite the deposit being credited to your account, there is a restriction on withdrawing these funds. The withdrawal option remains unavailable until the actual deposit is received by Coinbase.
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Nicolo
Tue Dec 03 2024
This waiting period is due to the nature of the ACH system, which ensures that the funds have cleared and are available for withdrawal without any risk of reversal or chargeback.
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Arianna
Tue Dec 03 2024
The ACH bank transfer system generally requires a timeframe of 3 to 5 business days for completion. This duration encompasses the processing and settlement of the transaction between the banks involved.
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Valentino
Tue Dec 03 2024
Coinbase implements this measure to safeguard against potential fraud and ensure the stability of its financial operations. It allows for a verification process that confirms the authenticity and availability of the deposited funds.
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