I am trying to understand why Coinbase has a 7-day hold on transactions. I am curious to know the reason behind this specific duration and how it affects users like me.
7 answers
Tommaso
Sat Dec 21 2024
Coinbase implements a holding period for newly deposited funds, ranging from 7 to 10 days.
KDramaCharm
Sat Dec 21 2024
This measure is taken to prevent fraudulent activities and ensure the security of transactions.
Chiara
Fri Dec 20 2024
Another effective strategy is to actively track one's trades and open positions.
Riccardo
Fri Dec 20 2024
Margin maintenance requirements play a crucial role in determining when funds can be released.
CryptoMaven
Fri Dec 20 2024
If an account has excess open orders, Coinbase may also decide to hold the funds temporarily.