Cryptocurrency Q&A Why is my Cardano locked on Coinbase?

Why is my Cardano locked on Coinbase?

KpopHarmonySoul KpopHarmonySoul Sun Dec 01 2024 | 7 answers 1575
I'm trying to understand why my Cardano tokens are locked on Coinbase. I can't seem to access or transfer them, and I'm not sure what the reason is. Can someone help me figure out why this is happening? Why is my Cardano locked on Coinbase?

7 answers

EthereumEmpireGuard EthereumEmpireGuard Tue Dec 03 2024
This process entails temporary restriction on trading or transferring your Cardano.

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SkylitEnchantment SkylitEnchantment Tue Dec 03 2024
The duration for which your Cardano remains locked is specified by the protocol.

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Dario Dario Tue Dec 03 2024
The lock up periods can vary depending on the protocol's requirements.

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henry_grayson_lawyer henry_grayson_lawyer Tue Dec 03 2024
In some cases, the lock up period may be as short as a few hours.

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MysticRainbow MysticRainbow Tue Dec 03 2024
Staking involves locking your Cardano on the protocol to facilitate the earning of rewards.

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