Cryptocurrency Q&A
Why won t Coinbase release my funds?
Why won t Coinbase release my funds?
Claudio
Wed Dec 04 2024
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6 answers
867
I'm having trouble with Coinbase. They are refusing to release my funds and I don't understand why. I've followed all their rules and regulations, but still my money is being held up. What could be the reason for this?
6 answers
benjamin_brown_entrepreneur
Fri Dec 06 2024
Funds that are on hold cannot be utilized for cashing out or sending cryptocurrencies. This restriction remains in place until the hold is officially lifted.
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GeishaWhisper
Fri Dec 06 2024
Coinbase prioritizes the safety of its users' funds and transactions. Therefore, the hold policy is strictly enforced to mitigate any potential risks.
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SeoulSerenitySeeker
Fri Dec 06 2024
The implementation of this policy is a standard procedure at Coinbase. It is designed to ensure the security of transactions and prevent fraudulent activities.
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Carlo
Fri Dec 06 2024
The duration of the hold period cannot be modified or shortened. This is a necessary measure to uphold the security standards of the platform.
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NebulaChaser
Fri Dec 06 2024
The funds that are on hold are displayed in the local currency of the user. This applies regardless of whether the funds were deposited in cash or used to purchase cryptocurrencies.
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