Does Coinbase use the Ethereum value at the time of ACH or wait until the transaction is complete?

7 answers

• Feb 17, 2022 · 3 years ago
  Coinbase uses the Ethereum value at the time of ACH to determine the transaction value. This means that the value of Ethereum used for the transaction is based on the exchange rate at the time the ACH is initiated. It is important to note that the value may fluctuate during the transaction process, but Coinbase locks in the initial value at the time of ACH.
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• Feb 17, 2022 · 3 years ago
  When you make a transaction on Coinbase involving Ethereum, the platform uses the value of Ethereum at the time of ACH. This ensures that the transaction is processed based on the most up-to-date exchange rate available. However, it's worth mentioning that due to the volatile nature of cryptocurrency markets, the value of Ethereum may change during the transaction process.
  375125
• Feb 17, 2022 · 3 years ago
  As an expert in the field, I can confirm that Coinbase indeed uses the Ethereum value at the time of ACH to determine the transaction value. This approach ensures transparency and accuracy in the transaction process. However, it's important to keep in mind that the value of Ethereum may fluctuate during the transaction, so it's always a good idea to double-check the transaction details before finalizing it.
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• Feb 17, 2022 · 3 years ago
  Coinbase, like most other exchanges, uses the Ethereum value at the time of ACH to determine the transaction value. This is a common practice in the industry and ensures that the transaction is processed based on the most recent exchange rate. However, it's important to note that the value of Ethereum may change during the transaction process due to market fluctuations.
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• Feb 17, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, follows a similar approach to Coinbase when it comes to processing Ethereum transactions. The value of Ethereum used for the transaction is determined at the time of ACH. This ensures that the transaction is based on the most accurate and up-to-date exchange rate available. However, it's important to be aware that the value of Ethereum may change during the transaction process due to market volatility.
  44775
• Feb 17, 2022 · 3 years ago
  When you initiate a transaction on Coinbase involving Ethereum, the platform uses the value of Ethereum at the time of ACH. This means that the transaction value is determined based on the exchange rate at the moment the ACH is processed. However, it's worth noting that the value of Ethereum may fluctuate during the transaction, so it's always a good idea to keep an eye on the market and be aware of any potential changes.
  42561
• Feb 17, 2022 · 3 years ago
  Coinbase, being a reputable cryptocurrency exchange, uses the Ethereum value at the time of ACH to determine the transaction value. This ensures that the transaction is processed based on the most accurate and up-to-date exchange rate available. However, it's important to remember that the value of Ethereum may change during the transaction process due to market volatility. So, it's advisable to monitor the transaction and be prepared for any potential fluctuations.
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