I am trying to cash out of Coinbase, but I am unable to do so. I don't understand why this is happening. Is there a problem with my account or is it something else? I need help figuring out the issue.
6 answers
Eleonora
Tue Jan 07 2025
Funds placed on hold cannot be withdrawn or used to send cryptocurrencies until the hold is removed. This measure is implemented to ensure the security and integrity of transactions.
KDramaLegendary
Tue Jan 07 2025
Coinbase enforces this policy as a standard procedure, aiming to prevent fraud and unauthorized activities. The hold period serves as a safeguard for both users and the platform.
CharmedClouds
Mon Jan 06 2025
The duration of the hold cannot be modified, as it is set to align with Coinbase's security protocols. These protocols are designed to protect users' funds and maintain the platform's stability.
ZenBalance
Mon Jan 06 2025
Funds that are on hold are displayed in the user's local currency. This applies regardless of whether the funds were deposited in cash or used to purchase cryptocurrencies.
Elena
Mon Jan 06 2025
By displaying the held funds in local currency, users can easily track the status of their funds and understand when the hold will be lifted.