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How come I can't send all my ETH from Coinbase?

avatarTiara WilliamsDec 17, 2021 · 3 years ago3 answers

I'm trying to send all my ETH from Coinbase to another wallet, but it's not allowing me to do so. What could be the reason behind this?

How come I can't send all my ETH from Coinbase?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    There could be several reasons why you can't send all your ETH from Coinbase. One possibility is that you don't have enough ETH in your Coinbase wallet to cover the transaction fee. Coinbase charges a fee for every transaction, and this fee is deducted from the amount you're trying to send. So, if you're trying to send all your ETH, make sure you have enough to cover the fee as well. Another reason could be that you have reached your daily or weekly withdrawal limit on Coinbase. Most exchanges have withdrawal limits in place to prevent fraud and ensure the security of user funds. Check your account settings on Coinbase to see if you have reached any limits. Lastly, Coinbase may have temporarily suspended withdrawals for ETH due to network congestion or maintenance. Cryptocurrency networks can sometimes experience high traffic or technical issues, leading to delays or temporary suspensions of certain functions. It's worth checking Coinbase's status page or contacting their support for more information.
  • avatarDec 17, 2021 · 3 years ago
    I've encountered a similar issue before. In my case, the problem was that I had enabled two-factor authentication (2FA) on my Coinbase account, but I hadn't completed the verification process. Coinbase requires users to verify their phone numbers or use an authenticator app for 2FA. If you haven't completed the verification process, you may not be able to send all your ETH. Make sure to check your account settings and complete the necessary verification steps if needed.
  • avatarDec 17, 2021 · 3 years ago
    I understand your frustration. As a representative from BYDFi, I can tell you that Coinbase has certain restrictions in place to ensure the security of user funds. These restrictions may include daily or weekly withdrawal limits, transaction fees, and additional verification steps. If you're unable to send all your ETH from Coinbase, it's likely due to one of these restrictions. I recommend reaching out to Coinbase's support team for further assistance and clarification on their specific policies.