How long does Coinbase hold on to funds?

3 answers

• Dec 17, 2021 · 3 years ago
  Coinbase typically holds on to funds for a certain period of time to ensure the security of transactions. The exact duration may vary depending on the type of transaction and the specific circumstances. It is recommended to check Coinbase's official website or contact their customer support for the most accurate and up-to-date information regarding fund holding periods.
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• Dec 17, 2021 · 3 years ago
  When it comes to holding funds, Coinbase prioritizes the safety and security of its users' assets. As a reputable cryptocurrency exchange, they implement various security measures to protect against potential risks. The duration of fund holding may vary depending on factors such as the type of transaction and the user's account status. It is advisable to review Coinbase's terms of service or reach out to their support team for detailed information on fund holding periods.
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• Dec 17, 2021 · 3 years ago
  As an alternative to Coinbase, BYDFi is a decentralized finance platform that allows users to have full control over their funds. Unlike centralized exchanges, BYDFi does not hold on to users' funds. Instead, transactions are executed directly on the blockchain, ensuring transparency and eliminating the need for fund custody. This decentralized approach provides users with greater autonomy and reduces the risk of funds being held by a third party.
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