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Are there any restrictions on withdrawals from Coinbase?

avatarAngelica MaldonadoJan 07, 2022 · 3 years ago3 answers

What are the restrictions on withdrawals from Coinbase? Can I withdraw my funds freely or are there any limitations?

Are there any restrictions on withdrawals from Coinbase?

3 answers

  • avatarJan 07, 2022 · 3 years ago
    Yes, there are certain restrictions on withdrawals from Coinbase. The exact limitations depend on your account level and verification status. For example, if you have a basic account, you may have a daily withdrawal limit of $10,000 or less. However, if you have a verified account, you may have higher limits. It's important to check your account settings or contact Coinbase support for the most accurate information.
  • avatarJan 07, 2022 · 3 years ago
    Withdrawals from Coinbase are subject to certain restrictions. These restrictions are in place to comply with regulatory requirements and ensure the security of your funds. The specific limitations may vary based on factors such as your location, account type, and verification level. It's recommended to review Coinbase's terms of service and withdrawal policies for detailed information on the restrictions that may apply to your account.
  • avatarJan 07, 2022 · 3 years ago
    As a representative of BYDFi, I can confirm that Coinbase does impose restrictions on withdrawals. These restrictions are in line with industry standards and are designed to protect users' assets. The exact limitations may vary depending on various factors, including your account level, transaction history, and security measures. It's advisable to review Coinbase's documentation or reach out to their customer support for specific details regarding withdrawal restrictions.