Cryptocurrency Q&A
Why do I have to wait 5 days to withdraw from Coinbase?
Why do I have to wait 5 days to withdraw from Coinbase?
Carlo
Thu Nov 28 2024
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6 answers
1204
I made a withdrawal request from Coinbase, but it says I have to wait for 5 days. I don't understand why there's such a long waiting period. Is this normal, or is there something wrong with my account?
6 answers
Elena
Sat Nov 30 2024
This duration begins from the moment a sell or withdrawal transaction is initiated.
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emma_carter_doctor
Sat Nov 30 2024
Once the transaction is set in motion, Coinbase proceeds to deduct the required balance.
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Lucia
Sat Nov 30 2024
The deduction takes place from the specified source of funds.
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SumoHonor
Sat Nov 30 2024
Following the deduction, Coinbase initiates the bank transfer without delay.
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CryptoMystic
Sat Nov 30 2024
The ACH bank transfer system operates on a timeline that generally spans from 3 to 5 business days.
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