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.
7 answers
Daniela
Sun Dec 01 2024
If a user's margin maintenance falls below the required level, their funds may be temporarily unavailable.
LucyStone
Sun Dec 01 2024
Excess open orders can also be a reason for Coinbase to hold funds.
MysticRainbow
Sun Dec 01 2024
Coinbase implements a holding period for newly deposited funds, ranging from 7 to 10 days.
Michele
Sun Dec 01 2024
This measure is taken to safeguard against potential fraudulent activities.
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.