I'm trying to make a transaction on Coinbase, but it's failing repeatedly. I don't understand why it's not going through. Can someone help me understand the reason behind the transaction failure on Coinbase?
5 answers
Tue Jan 14 2025
Additionally, your bank may have canceled the transfer due to potential security concerns on their end. They may have detected suspicious activity or fraud attempts related to the transaction.
Tue Jan 14 2025
There are several reasons why transfers may be canceled.
Tue Jan 14 2025
One common reason is that Coinbase detected potential security concerns. This can happen if the platform identifies unusual or suspicious activity related to the transfer.
Tue Jan 14 2025
Another reason could be that your bank canceled the transfer due to insufficient funds. This means that there may not have been enough money in your account to cover the transfer amount.
Mon Jan 13 2025
Another possibility is that the transaction timed out due to a prolonged confirmation screen. This can happen if the transfer process takes too long or if there are technical issues with the platform.