Cryptocurrency Q&A Why does Coinbase hold funds for so long?

Why does Coinbase hold funds for so long?

Sara Sara Fri Nov 29 2024 | 7 answers 1060
I've been using Coinbase for crypto transactions, but I've noticed that they often hold my funds for an extended period. I'm wondering why they do this and if there's a specific reason behind it. Why does Coinbase hold funds for so long?

7 answers

Daniela Daniela Sun Dec 01 2024
If a user's margin maintenance falls below the required level, their funds may be temporarily unavailable.

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LucyStone LucyStone Sun Dec 01 2024
Excess open orders can also be a reason for Coinbase to hold funds.

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MysticRainbow MysticRainbow Sun Dec 01 2024
Coinbase implements a holding period for newly deposited funds, ranging from 7 to 10 days.

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Michele Michele Sun Dec 01 2024
This measure is taken to safeguard against potential fraudulent activities.

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emma_grayson_journalist emma_grayson_journalist Sun Dec 01 2024
To mitigate the impact of the holding period, users can consider maintaining a balance in their Coinbase account.

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