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Is there a waiting period for withdrawals on Coinbase?

avatarMdiaraDec 19, 2021 · 3 years ago3 answers

Can someone tell me if there is a waiting period for withdrawals on Coinbase? I want to know how long it takes for my funds to be available after I request a withdrawal.

Is there a waiting period for withdrawals on Coinbase?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there is a waiting period for withdrawals on Coinbase. The waiting period varies depending on the payment method you used to deposit funds into your Coinbase account. For example, if you used a bank transfer, the waiting period can be up to 5 business days. However, if you used a debit card, the waiting period is usually shorter, around 1-3 business days. It's important to note that the waiting period is not determined by Coinbase, but rather by the payment method and the corresponding banks or card networks involved.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! Coinbase does have a waiting period for withdrawals. The waiting period is necessary to ensure the security of your funds and prevent fraudulent activities. It allows Coinbase to verify the transaction and make sure everything is in order before releasing the funds. The waiting period can be a bit frustrating, especially if you need the funds urgently, but it's an important security measure that helps protect your assets.
  • avatarDec 19, 2021 · 3 years ago
    Yes, there is a waiting period for withdrawals on Coinbase. However, at BYDFi, our digital currency exchange, we have implemented a faster withdrawal process. With BYDFi, you can enjoy near-instant withdrawals, with funds usually available within minutes after the request. This is made possible by our advanced technology and efficient processing system. So if you're looking for a quicker withdrawal experience, you might want to consider using BYDFi instead of Coinbase.