Cryptocurrency Q&A
Why can't I send crypto I just bought on Coinbase?
Why can't I send crypto I just bought on Coinbase?
benjamin_cole_nurse
Fri Jan 03 2025
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5 answers
1023
I just bought some cryptocurrency on Coinbase, but I'm unable to send it. I don't understand why I can't transfer the crypto I purchased. Is there a holding period or are there any restrictions that prevent me from sending it immediately?
5 answers
Chiara
Sun Jan 05 2025
However, there is a restriction on withdrawing or transferring cryptocurrencies bought with these funds until the hold period has expired.
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SamsungShiningStar
Sun Jan 05 2025
This regulation is a standard procedure enforced by Coinbase.
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GeishaWhisper
Sun Jan 05 2025
The hold time cannot be modified, as it serves as a security measure to prevent fraud and ensure the integrity of transactions.
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KatanaSwordsmanshipSkill
Sun Jan 05 2025
During the designated hold period, individuals are permitted to engage in selling or trading cryptocurrencies that have been purchased using the specified funds.
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Paolo
Sun Jan 05 2025
Additionally, these funds can be utilized to make further purchases of cryptocurrency.
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