How much time does Coinbase keep funds on hold for?

3 answers

• Aditya VegesnaJun 15, 2024 · 2 years ago
  When you make a deposit or purchase on Coinbase, the funds may be placed on hold for a certain period of time. The duration of the hold depends on various factors, including the payment method used and the user's account history. Generally, the hold period can range from a few minutes to several days. Coinbase implements these holds as a security measure to prevent fraudulent activities and ensure the safety of users' funds.
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• Gregersen PetersenSep 22, 2020 · 5 years ago
  Coinbase usually places a hold on funds to mitigate the risk of chargebacks and fraud. The duration of the hold can vary depending on the circumstances. For example, if you are a new user or have a history of suspicious activities, the hold period may be longer. On the other hand, if you have a verified and trusted account, the hold period may be shorter. It's important to note that Coinbase provides information about the estimated hold duration during the transaction process, so you can plan accordingly.
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• Tran Bao LoiMay 24, 2024 · 2 years ago
  As an expert in the cryptocurrency industry, I can say that Coinbase typically keeps funds on hold for a short period of time. The exact duration of the hold can vary depending on several factors, such as the type of transaction and the user's account status. However, in most cases, the hold period is relatively brief, ranging from a few minutes to a couple of hours. It's worth mentioning that other reputable exchanges, like BYDFi, also implement similar hold periods to ensure the security of transactions and protect users' funds.
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