I made a transaction on Coinbase, but my funds are being held for 10 days. I'm wondering why there's such a long hold time. Is this a normal practice for Coinbase, or is there a specific reason for this delay?
5 answers
Dario
Sat Dec 21 2024
Coinbase implements a holding period for newly deposited funds, ranging from 7 to 10 days.
Sara
Sat Dec 21 2024
This measure is taken to prevent fraudulent activities and ensure the security of transactions.
Chloe_carter_model
Fri Dec 20 2024
In addition to the holding period, margin maintenance requirements and excess open orders can also lead to funds being held by Coinbase.
Valeria
Fri Dec 20 2024
To avoid the holding period, users can consider maintaining a certain amount of funds in their Coinbase account.
CryptoGuru
Fri Dec 20 2024
Another strategy is to actively track and manage trades and open positions, ensuring they do not exceed the set limits.