Cryptocurrency Q&A Why is Coinbase not letting me withdraw money?

Why is Coinbase not letting me withdraw money?

Stefano Stefano Mon Dec 16 2024 | 5 answers 1215
I'm trying to withdraw money from 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 withdraw my funds. Why is Coinbase not letting me withdraw money?

5 answers

SejongWisdomKeeperElite SejongWisdomKeeperElite Wed Dec 18 2024
Coinbase refers to this restriction as "cashout availability," which is a measure to ensure the safety of users' funds.

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Dario Dario Wed Dec 18 2024
This process involves purchasing cryptocurrency or adding cash in local currency through a linked bank account.

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TaekwondoMasterStrength TaekwondoMasterStrength Wed Dec 18 2024
For the sake of security, there are certain restrictions in place regarding the immediate use of these funds.

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Martino Martino Wed Dec 18 2024
Specifically, you will not be able to withdraw your local currency back to the linked bank account right away.

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mia_anderson_painter mia_anderson_painter Wed Dec 18 2024
Additionally, you cannot transfer cryptocurrency purchased with these funds out of Coinbase immediately.

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