Cryptocurrency Q&A Why do I have to wait 7 days on Coinbase?

Why do I have to wait 7 days on Coinbase?

HanjiArtistry HanjiArtistry Fri Nov 29 2024 | 5 answers 1102
I'm frustrated. I tried to buy some cryptocurrency on Coinbase, but it says I have to wait 7 days. What's the reason for this delay? I want my coins now! Why do I have to wait 7 days on Coinbase?

5 answers

Enrico Enrico Sun Dec 01 2024
This waiting period can last up to ten days for the payment to clear.

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Andrea Andrea Sun Dec 01 2024
During this time, the funds are held and cannot be withdrawn.

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Chiara Chiara Sun Dec 01 2024
The delays in funds clearing are often caused by ACH payments.

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Chiara Chiara Sun Dec 01 2024
Depositing local currency or another fiat to an empty Coinbase account for purchasing cryptocurrency can lead to a waiting period.

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Daniela Daniela Sun Dec 01 2024
BTCC is a prominent cryptocurrency exchange that offers various services.

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