I'm wondering, for those of us using Coinbase to manage our
cryptocurrency holdings, just how long does a bank transfer through the platform typically take? With the fluctuating value of digital assets, timing is often crucial. Is there a standard timeframe for deposits to reflect in our accounts, or does it vary depending on bank processing speeds and other factors? Understanding this information could help us plan our trades more efficiently. So, in summary, how quickly can we expect a bank transfer to Coinbase to be completed?
7 answers
BusanBeauty
Thu Jul 18 2024
The ACH bank transfer system, a widely recognized and trusted mechanism, is integral to Coinbase's services for US clients.
EtherealVoyager
Thu Jul 18 2024
Upon initiating a sell or withdrawal request, the ACH bank transfer system begins the process of transferring funds to the customer's bank account.
Claudio
Thu Jul 18 2024
The typical turnaround time for an ACH bank transfer initiated by Coinbase is 3-5 business days.
mia_clark_teacher
Thu Jul 18 2024
US customers utilizing Coinbase for cryptocurrency transactions have the convenience of leveraging the ACH bank transfer system for deposits and withdrawals.
KpopMelody
Thu Jul 18 2024
Coinbase ensures swift and efficient processing by deducting the appropriate balance from the customer's source of funds immediately upon the sell or withdrawal request.