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Can I still trade or withdraw funds from my new Coinbase account while it's restricted?

avatarmrll3Dec 16, 2021 · 3 years ago3 answers

I recently opened a new Coinbase account, but it seems to be restricted. Can I still trade or withdraw funds from my account while it's restricted?

Can I still trade or withdraw funds from my new Coinbase account while it's restricted?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, if your Coinbase account is restricted, you will not be able to trade or withdraw funds. Restrictions are typically put in place for security reasons or to comply with regulatory requirements. It's important to reach out to Coinbase support to understand the specific reason for the restriction and to find out what steps you can take to resolve the issue.
  • avatarDec 16, 2021 · 3 years ago
    Nope, if your Coinbase account is restricted, you're out of luck. You won't be able to make any trades or withdraw your funds until the restriction is lifted. It can be frustrating, but Coinbase has strict security measures in place to protect your account and comply with regulations.
  • avatarDec 16, 2021 · 3 years ago
    While I can't speak for Coinbase, I can tell you that at BYDFi, we understand the frustration of having a restricted account. In most cases, when an account is restricted, trading and fund withdrawals are temporarily disabled. It's best to contact Coinbase support directly to get more information about the specific restrictions on your account and how to resolve them.