I recently tried to use Coinbase for a transaction, but encountered a holding period. This delay was inconvenient for me. I want to know if there are any ways to circumvent or shorten this holding period in the future.
5 answers
CryptoAce
Fri Dec 06 2024
To potentially avoid this holding period, users can opt to maintain a certain amount of funds in their Coinbase account.
CryptoWizardry
Fri Dec 06 2024
Coinbase implements a holding period for newly deposited funds, ranging from 7 to 10 days.
ethan_thompson_psychologist
Fri Dec 06 2024
This measure is taken to prevent fraudulent activities and ensure the security of transactions.
Michele
Fri Dec 06 2024
Margin maintenance requirements and the presence of excess open orders can also lead to funds being held by Coinbase.
Lucia
Thu Dec 05 2024
Another strategy is to actively track and manage one's trades and open positions, ensuring they are within acceptable limits.