Cryptocurrency Q&A Why does Coinbase hold my funds for 7 days?

Why does Coinbase hold my funds for 7 days?

Raffaele Raffaele Sat Nov 30 2024 | 7 answers 1509
I made a transaction on Coinbase, but my funds are being held for 7 days. I'm wondering why there's such a long hold period. Is this a normal practice for Coinbase, or is there a specific reason for the delay? Why does Coinbase hold my funds for 7 days?

7 answers

CryptoVisionary CryptoVisionary Mon Dec 02 2024
The hold time cannot be altered due to these safety measures.

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ethan_thompson_journalist ethan_thompson_journalist Mon Dec 02 2024
Funds on hold represent a standard policy implemented by Coinbase.

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SamuraiCourageous SamuraiCourageous Mon Dec 02 2024
This policy is enforced for security and fraud prevention reasons.

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EchoSoulQuantum EchoSoulQuantum Sun Dec 01 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Sun Dec 01 2024
Funds that are placed on hold are displayed in the user's local currency.

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