Cryptocurrency Q&A
Why does Coinbase take 3 days?
Why does Coinbase take 3 days?
Nicolo
Mon Dec 02 2024
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7 answers
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I made a transaction on Coinbase and noticed that it took 3 days to complete. I'm wondering why it took so long. Is this a normal processing time for Coinbase, or is there something else that could have caused the delay?
7 answers
SsangyongSpiritedStrength
Wed Dec 04 2024
For United States-based clients, Coinbase facilitates transfers to their bank accounts through the Automated Clearing House (ACH) bank transfer system.
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SolitudeEcho
Wed Dec 04 2024
This system is specifically designed for electronic funds transfer between banks in the United States.
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CryptoLordGuard
Wed Dec 04 2024
Once a sell or withdrawal transaction is initiated on Coinbase, it typically takes 3 to 5 business days for the ACH bank transfer to be completed.
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Claudio
Tue Dec 03 2024
Immediately after the deduction, Coinbase initiates the ACH bank transfer process, ensuring that the user's funds are on their way to the designated bank account.
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Martina
Tue Dec 03 2024
The duration is due to the necessary processing time involved in verifying and clearing the transaction between the various financial institutions involved.
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