Coinbase supports ACH transfers as it encountered a technical issue while creating ACH transfers, affecting its ability to process payments or withdrawals involving U.S. bank accounts. Additionally, Coinbase Pro, a subsidiary of Coinbase, has listed the ACH token, further indicating Coinbase's use of ACH.
6 answers
CryptoConqueror
Wed Dec 25 2024
For American clients, Coinbase utilizes a specific banking method for facilitating transfers.
CryptoEmpire
Wed Dec 25 2024
This method is known as the ACH bank transfer system, which stands for Automated Clearing House.
Silvia
Tue Dec 24 2024
ACH is a widely-used electronic network for financial transactions in the United States.
Stefano
Tue Dec 24 2024
Through ACH, Coinbase can process deposits and withdrawals to and from users' bank accounts efficiently.
MysticEchoFirefly
Tue Dec 24 2024
The system ensures that transfers are completed quickly and securely.