Cryptocurrency Q&A Why is there a 7 day hold on Coinbase?

Why is there a 7 day hold on Coinbase?

Eleonora Eleonora Thu Dec 19 2024 | 7 answers 1295
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. Why is there a 7 day hold on Coinbase?

7 answers

Tommaso Tommaso Sat Dec 21 2024
Coinbase implements a holding period for newly deposited funds, ranging from 7 to 10 days.

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KDramaCharm KDramaCharm Sat Dec 21 2024
This measure is taken to prevent fraudulent activities and ensure the security of transactions.

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Chiara Chiara Fri Dec 20 2024
Another effective strategy is to actively track one's trades and open positions.

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Riccardo Riccardo Fri Dec 20 2024
Margin maintenance requirements play a crucial role in determining when funds can be released.

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CryptoMaven CryptoMaven Fri Dec 20 2024
If an account has excess open orders, Coinbase may also decide to hold the funds temporarily.

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